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REGISTERED NUMBER: 01706293 (England and Wales)

| PERCIVAL (THORNHILL) MANAGEMENT COMPANY |

| LIMITED |

| UNAUDITED FINANCIAL STATEMENTS |

| FOR THE YEAR ENDED 31ST MARCH 2025 |

| PERCIVAL (THORNHILL) MANAGEMENT COMPANY |

| LIMITED (REGISTERED NUMBER: 01706293) |

CONTENTS OF THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31ST MARCH 2025

Page |

| Company Information | 1 |

| Balance Sheet | 2 |

| Notes to the Financial Statements | 3 |

| PERCIVAL (THORNHILL) MANAGEMENT COMPANY |

| LIMITED |

COMPANY INFORMATION

FOR THE YEAR ENDED 31ST MARCH 2025

| DIRECTORS: | Mr M A J Vella

| Ms H P Williams

| SECRETARY: | Woodville Management Services Limited

| REGISTERED OFFICE: | 164 Taff Embankment

| Cardiff

| CF11 7BJ

| REGISTERED NUMBER: | 01706293 (England and Wales)

| ACCOUNTANTS: | Carston ETL

| Tudor House

| 16 Cathedral Road

| Cardiff

| CF11 9LJ

| PERCIVAL (THORNHILL) MANAGEMENT COMPANY |

| LIMITED (REGISTERED NUMBER: 01706293) |

BALANCE SHEET

31ST MARCH 2025

| 2025 | 2024 |

| Notes | £ | £ | £ | £ |

FIXED ASSETS

Tangible assets | 4 | 200 |  | 222 |  |

CURRENT ASSETS

Debtors | 5 | 1,314 |  | 632 |  |

Cash at bank | 13,237 |  | 13,291 |  |

14,551 |  | 13,923 |  |

CREDITORS

Amounts falling due within one year | 6 | 918 |  | 773 |  |

NET CURRENT ASSETS | 13,633 |  | 13,150 |  |

TOTAL ASSETS LESS CURRENT LIABILITIES | 13,833 |  | 13,372 |  |

RESERVES

Income and expenditure account | 13,833 |  | 13,372 |  |

13,833 |  | 13,372 |  |

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st March 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 surplus or deficit 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 15th September 2025 and were signed on its behalf by:

Mr M A J Vella - Director

Ms H P Williams - Director

| PERCIVAL (THORNHILL) MANAGEMENT COMPANY |

| LIMITED (REGISTERED NUMBER: 01706293) |

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31ST MARCH 2025

1. | STATUTORY INFORMATION

| Percival (Thornhill) Management Company Limited is a private company, limited by guarantee , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

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.

| Turnover

| Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

| Tangible fixed assets

| Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

| Fixtures and fittings | - | 10% on reducing balance

| Financial instruments

| Trade and other debtors

| Trade and other debtors are recognised initially at transaction price less attributable transaction costs.

| Trade and other creditors

| Trade and other creditors are recognised initially at transaction price plus attributable transaction costs.

| Cash and cash equivalents

| Cash and cash equivalents comprise cash balances and deposits.

3. | EMPLOYEES AND DIRECTORS

| The average number of employees during the year was 2 (2024 - 2 ) .

4. | TANGIBLE FIXED ASSETS

| Fixtures

| and

| fittings

£ |

| COST

| At 1st April 2024

| and 31st March 2025 | 572 |  |

| DEPRECIATION

| At 1st April 2024 | 350 |  |

| Charge for year | 22 |  |

| At 31st March 2025 | 372 |  |

| NET BOOK VALUE

| At 31st March 2025 | 200 |  |

| At 31st March 2024 | 222 |  |

| PERCIVAL (THORNHILL) MANAGEMENT COMPANY |

| LIMITED (REGISTERED NUMBER: 01706293) |

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 31ST MARCH 2025

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

2025 | 2024 |

£ | £ |

| Trade debtors | 814 |  | 154 |  |

| Other debtors | 500 |  | 478 |  |

1,314 |  | 632 |  |

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

2025 | 2024 |

£ | £ |

| Other creditors | 918 |  | 773 |  |

7. | JUDGEMENTS AND KEY SOURCES OF ESTIMATION UNCERTAINTY

| In the application of the company’s accounting policies, the directors are required to make judgements,

| estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent

| from other sources. The estimates and associated assumptions are based on historical experience and other

| factors that are considered to be relevant. Actual results may differ from these estimates.

| The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting

| estimates are recognised in the period in which the estimate is revised where the revision affects only that

| period, or in the period of the revision and future periods where the revision affects both current and future

| periods.

8. | MEMBERS' LIABILITY

| The company is limited by guarantee, not having a share capital, and consequently the liability of members is

| limited, subject to an undertaking by each member to contribute to the net assets or liabilities of the company

| on winding up such amounts as may be required not exceeding £1.