| 8 PARKSIDE AVENUE (IPSWICH) PROPERTY MANAGEMENT LTD |
| Data not obtained from trial balance |
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include a trailing space |
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| Company registration number |
02971638 |
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Date |
| Approval date of the accounts by the board |
30/09/2025 |
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Date |
| Date of signing on the audit/accountants report |
30/09/2025 |
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| Date of engagement letter (required for |
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| CA and ACCA reports) |
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| Person signing directors' report: |
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Name of director |
Mr J Last |
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Or, name of secretary |
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| Name of director signing balance sheet |
Mr J Last |
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| Address of registered office: |
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Address line 1 |
16 Lincoln Gardens |
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Address line 2 |
Twyford |
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City or town |
Reading |
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County or region |
Berkshire |
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Postcode |
RG10 9HU. |
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| Name of senior statutory auditor |
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| Name of auditors/accountants |
Gisela Sharpe |
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| Type of firm (eg Chartered Accountants) |
Chartered Certified Accountants |
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| Address of auditors/accountants |
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Address line 1 |
16 Lincoln Gardens |
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Address line 2 |
Twyford |
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City or town |
Reading |
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County or region |
Berkshire |
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Postcode |
RG10 9HU |
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| Prior year adjustments (+ for a gain; - for a loss) |
£ |
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Correction of prior year errors |
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Effect of retrospective changes in accounting policies |
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More info on prior year adjustments |
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| Number |
Number |
| Average number of persons employed by the company |
1 |
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1 |
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| Freehold land & buildings if |
| revalued amounts shown in trial balance: |
£ |
£ |
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historical cost |
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cumulative depreciation based on cost |
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| Amounts included in creditors falling due for payment |
| after more than five years: |
£ |
£ |
| Payable otherwise than by installment |
| Payable by installment |
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£ |
| Secured bank loans included in creditors |
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| Capital commitments: |
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£ |
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contracted |
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| Total future payments due under non-cancellable |
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£ |
| operating leases |
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| 8 PARKSIDE AVENUE (IPSWICH) PROPERTY MANAGEMENT LTD |
| Registered number: |
02971638 |
| Balance Sheet |
| as at 31 December 2024 |
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| Notes |
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2024 |
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2023 |
| £ |
£ |
| Current assets |
| Debtors |
3 |
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- |
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250 |
| Cash at bank and in hand |
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1,891 |
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2,703 |
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1,891 |
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2,953 |
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| Creditors: amounts falling due within one year |
4 |
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(240) |
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(495) |
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| Net current assets |
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1,651 |
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2,458 |
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| Net assets |
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1,651 |
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2,458 |
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| Capital and reserves |
| Called up share capital |
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3 |
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3 |
| Maintenance reserve |
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1,888 |
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3,355 |
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- |
| Shareholders' funds |
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1,891 |
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3,358 |
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| The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006. |
| The members have not required the company to obtain an audit in accordance with section 476 of the Act. |
| The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts. |
| The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies. |
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| Mr J Last |
| Director |
| Approved by the board on 30 September 2025 |
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| 8 PARKSIDE AVENUE (IPSWICH) PROPERTY MANAGEMENT LTD |
| Notes to the Accounts |
| for the year ended 31 December 2024 |
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| 1 |
Accounting policies |
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Basis of preparation |
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The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard). |
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Turnover |
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Turnover represents running expenses of the property 8, Parkside, invoiced to tenants |
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Maintenance reserve fund |
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A charge is peridically made to the tenants to provide for the maintenance and repairs of the property named as 8 Parkside Avenue, Ipswich |
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Debtors |
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Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts. |
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Creditors |
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Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method. |
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Taxation |
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By virtue of its status as a mutual trading company, there is no liability to taxation on its trading profit. However it is liable to taxation on its investment income. |
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| 2 |
Employees |
2024 |
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2023 |
| Number |
Number |
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Average number of persons employed by the company |
1 |
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1 |
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| 3 |
Debtors |
2024 |
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2023 |
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£ |
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Other debtors |
- |
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250 |
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| 4 |
Creditors: amounts falling due within one year |
2024 |
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2023 |
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£ |
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Other creditors |
240 |
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495 |
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| 5 |
Controlling party |
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The company is under the ultimate control of Mr J Jewhurst and Mrs S Jewhurst, Directors |
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| 6 |
Other information |
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8 PARKSIDE AVENUE (IPSWICH) PROPERTY MANAGEMENT LTD is a private company limited by shares and incorporated in England. Its registered office is: |
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16 Lincoln Gardens |
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Twyford |
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Reading |
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Berkshire |
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RG10 9HU. |