The Park Centre (Kingswood)

	Page
Balance Sheet	1
Notes to the Financial Statements	2—3

Registered number: 05101447

		2025		2024
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		17,167		15,105

			17,167		15,105
CURRENT ASSETS
Debtors	5	18,536		3,324
Cash at bank and in hand		85,590		84,594

		104,126		87,918
Creditors: Amounts Falling Due Within One Year	6	(11,703 )		(26,323 )

NET CURRENT ASSETS (LIABILITIES)			92,423		61,595

TOTAL ASSETS LESS CURRENT LIABILITIES			109,590		76,700

NET ASSETS			109,590		76,700

Income and Expenditure Account			109,590		76,700

MEMBERS' FUNDS			109,590		76,700

For the year ending 30 April 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Income and Expenditure Account.

On behalf of the board

Mrs Susan Smith

Director

27 August 2025

The notes on pages 2 to 3 form part of these financial statements.

1. General Information

The Park Centre (Kingswood) is a private company, limited by guarantee, incorporated in England & Wales, registered number 05101447 . The registered office is The Park Centre Kingswood High Street, Kingswood, Bristol, BS15 4AR.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

2.2. Turnover

Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.

Sale of goods

Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.

Rendering of services

Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.

2.3. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Leasehold	Straight line over lease period
Plant & Machinery	20% reducing balance
Fixtures & Fittings	25% reducing balance
Computer Equipment	25% reducing balance

3. Average Number of Employees

Average number of employees, including directors, during the year was:

	2025	2024
Office and administration	11	8
Trustees	3	4

	14	12

4. Tangible Assets

	Land & Property
	Leasehold	Plant & Machinery	Fixtures & Fittings	Computer Equipment	Total
	£	£	£	£	£
Cost
As at 1 May 2024	9,090	93,201	40,806	39,833	182,930
Additions	-	-	2,954	-	2,954

As at 30 April 2025	9,090	93,201	43,760	39,833	185,884

...CONTINUED

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The Park Centre (Kingswood)

Notes to the Financial Statements (continued)

For The Year Ended 30 April 2025

Depreciation
As at 1 May 2024	9,090	82,354	35,095	41,286	167,825
Provided during the period	-	876	3,410	648	4,934
Disposals	-	-	-	(4,042 )	(4,042 )

As at 30 April 2025	9,090	83,230	38,505	37,892	168,717

Net Book Value
As at 30 April 2025	-	9,971	5,255	1,941	17,167

As at 1 May 2024	-	10,847	5,711	(1,453 )	15,105

5. Debtors

	2025	2024
	£	£
Due within one year
Trade debtors	17,367	103
Prepayments and accrued income	1,169	2,267
Other taxes and social security	-	924
Net wages	-	30

	18,536	3,324

6. Creditors: Amounts Falling Due Within One Year

	2025	2024
	£	£
Other taxes and social security	427	-
Net wages	7,420	-
Other creditors	8	-
Pension fund	128	-
Accruals and deferred income	3,720	26,323

	11,703	26,323

7. Company limited by guarantee

The company is limited by guarantee and has no share capital.

Every member of the company undertakes to contribute to the assets of the company, in the event of a winding up, such an amount as may be required not exceeding £1.

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