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REGISTERED NUMBER: 02994344 (England and Wales)

Park House Residents Association Limited

Unaudited Financial Statements for the Year Ended 28 February 2025

| Park House Residents Association Limited (Registered number: 02994344) |

Contents of the Financial Statements

for the Year Ended 28 February 2025

Page |

| Company Information | 1 |

| Statement of Financial Position | 2 |

| Notes to the Financial Statements | 3 |

| Park House Residents Association Limited |

Company Information

for the Year Ended 28 February 2025

| DIRECTORS: | D J Larder

| F O Buckley (Chair)

| Miss M R Worley

| R Darke

| S D Coomber

| SECRETARY: | S D Coomber

| REGISTERED OFFICE: | 5 London Road

| Rainham

| Gillingham

| Kent

| ME8 7RG

| BUSINESS ADDRESS: | Park House

| Park Avenue

| Maidstone

| Kent

| ME14 5HW

| REGISTERED NUMBER: | 02994344 (England and Wales)

| ACCOUNTANTS: | Aggarwal & Co

| Chartered Accountants

| 5 London Road

| Rainham

| Gillingham

| Kent

| ME8 7RG

| Park House Residents Association Limited (Registered number: 02994344) |

Statement of Financial Position

28 February 2025

| 2025 | 2024 |

| Notes | £ | £ | £ | £ |

FIXED ASSETS

Tangible assets | 4 | 160 |  | 168 |  |

CURRENT ASSETS

Debtors | 5 | - |  | 12 |  |

Cash at bank | 77,704 |  | 66,885 |  |

77,704 |  | 66,897 |  |

CREDITORS

Amounts falling due within one year | 6 | 1,939 |  | 2,055 |  |

NET CURRENT ASSETS | 75,765 |  | 64,842 |  |

TOTAL ASSETS LESS CURRENT LIABILITIES | 75,925 |  | 65,010 |  |

CAPITAL AND RESERVES

Called up share capital | 21 |  | 21 |  |

Share premium | 17,480 |  | 17,480 |  |

Retained earnings | 58,424 |  | 47,509 |  |

SHAREHOLDERS' FUNDS | 75,925 |  | 65,010 |  |

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28 February 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 28 February 2025 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a) | ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b) | preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 24 September 2025 and were signed on its behalf by:

R Darke - Director

| Park House Residents Association Limited (Registered number: 02994344) |

Notes to the Financial Statements

for the Year Ended 28 February 2025

1. | STATUTORY INFORMATION

| Park House Residents Association Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

| The presentation currency of the financial statements is the Pound Sterling (£).

2. | ACCOUNTING POLICIES

| Basis of preparing the financial statements

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

| Income recognition

| Turnover represents service charges, contributions to sinking funds and other income.

| Tangible fixed assets

| Tangible fixed assets represent freehold land and buildings and are stated at cost less accumulated depreciation. Depreciation has been calculated to write off the cost over its expected useful life.

| Financial instruments

| The Company enters into basic financial instruments that result in the recognition of financial assets and liabilities like trade and other accounts receivable and payable, loans to and from banks, other third parties and related parties.

| Basic financial instruments are recognised at amortised cost, with changes recognised in profit or loss.

| Taxation

| Tax for the year arises on interest only. Tax is recognised in the Statement of Income and Retained Earnings, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. Any current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted by the statement of financial position date.

3. | EMPLOYEES AND DIRECTORS

| The average number of employees during the year was NIL (2024 - NIL).

| Park House Residents Association Limited (Registered number: 02994344) |

Notes to the Financial Statements - continued

for the Year Ended 28 February 2025

4. | TANGIBLE FIXED ASSETS

| Land and

| buildings

£ |

| COST

| At 1 March 2024

| and 28 February 2025 | 7,740 |  |

| DEPRECIATION

| At 1 March 2024 | 7,572 |  |

| Charge for year | 8 |  |

| At 28 February 2025 | 7,580 |  |

| NET BOOK VALUE

| At 28 February 2025 | 160 |  |

| At 29 February 2024 | 168 |  |

5. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |

2025 | 2024 |

£ | £ |

| Trade debtors | - |  | 12 |  |

6. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |

2025 | 2024 |

£ | £ |

| Taxation and social security | 125 |  | 55 |  |

| Other creditors | 1,814 |  | 2,000 |  |

1,939 |  | 2,055 |  |