Company registration number 03308584 (England and Wales)
SUNCOURT MANAGEMENT LIMITED
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2025
PAGES FOR FILING WITH REGISTRAR
SUNCOURT MANAGEMENT LIMITED
CONTENTS
Page
Balance sheet
1
Notes to the financial statements
2 - 4
SUNCOURT MANAGEMENT LIMITED
BALANCE SHEET
AS AT 30 SEPTEMBER 2025
30 September 2025
- 1 -
2025
2024
Notes
£
£
£
£
Current assets
Debtors
3
2,997
2,488
Cash at bank and in hand
14,359
14,305
17,356
16,793
Creditors: amounts falling due within one year
4
(17,344)
(16,781)
Net current assets
12
12
Capital and reserves
-
-
Called up share capital
12
12

The directors of the company have elected not to include a copy of the profit and loss account within the financial statements.true

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

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

T he members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.

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

The financial statements were approved by the board of directors and authorised for issue on 1 November 2025 and are signed on its behalf by:
P S Drane
J L Samuels
Director
Director
Company registration number 03308584 (England and Wales)
SUNCOURT MANAGEMENT LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2025
- 2 -
1
Accounting policies
Company information

Suncourt Management Limited is a private company limited by shares incorporated in England and Wales. The registered office is 97 Tulketh Street, Southport, Merseyside, PR8 1AW.

1.1
Accounting convention

These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The financial statements are prepared in sterling, which is the functional currency of the company. Monetary a mounts in these financial statements are rounded to the nearest £.

The financial statements have been prepared under the historical cost convention, [modified to include the revaluation of freehold properties and to include investment properties and certain financial instruments at fair value]. The principal accounting policies adopted are set out below.

1.2
Turnover

Turnover is recognised at the fair value of the consideration received or receivable for for service charges, and is shown net of VAT and other sales related taxes.

Income from service charge is recognised when the service charge expenditure can be recovered from individual leaseholders under the terms of the lease. The service charge received on account in excess of service charge expenditure is recorded as amounts due to leaseholders and included in creditors amounts falling due within one year.

1.3
Cash and cash equivalents

Cash and cash equivalents are basic financial assets and include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.

1.4
Financial instruments

The company has elected to apply the provisions of Section 11 ‘Basic Financial Instruments’ and Section 12 ‘Other Financial Instruments Issues’ of FRS 102 to all of its financial instruments.

Financial instruments are recognised in the company's balance sheet when the company becomes party to the contractual provisions of the instrument.

Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

Basic financial assets

Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised.

SUNCOURT MANAGEMENT LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 SEPTEMBER 2025
1
Accounting policies
(Continued)
- 3 -
Classification of financial liabilities

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.

Basic financial liabilities

Basic financial liabilities, including creditors are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future paymen ts discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised.

Debt instruments are subsequently carried at amortised cost, using the effective interest rate method.

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. A m ounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method.

1.5
Equity instruments

Equity instruments issued by the company are recorded at the proceeds received, net of direct issue costs. No dividends paid on equity instruments.

2
Employees

The average monthly number of persons (including directors) employed by the company during the year was:

2025
2024
Number
Number
Total
-
0
-
0
3
Debtors
2025
2024
Amounts falling due within one year:
£
£
Prepayments and accrued income
2,997
2,488
4
Creditors: amounts falling due within one year
2025
2024
£
£
Amounts due to leaseholders
12,719
12,378
Accruals and deferred income
4,625
4,403
17,344
16,781
SUNCOURT MANAGEMENT LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 SEPTEMBER 2025
- 4 -
5
Contingent liability

The company changed electricity supplier in 2010, since that change the company has not received any charges for common parts electricity usage. The directors have made every endeavour to rectify this situation with no success. The accounts include a provision for electricity usage since that date which amounts to £3,500 at 30 September 2025 (2024 -£3,500).

6
Related party transactions

The directors are related parties and like all common owners have to pay a service charge. The service charge payable per flat is £1,400 (2024 £1,400).

£280 (2024- £280) has been paid for director expenses.

2025-09-30 2024-10-01 false 04 November 2025 CCH Software CCH Accounts Production 2024.100 No description of principal activity P S Drane J L Samuels W C Thompson J M Watson false false 03308584 2024-10-01 2025-09-30 03308584 2025-09-30 03308584 2024-09-30 03308584 core:CurrentFinancialInstruments core:WithinOneYear 2025-09-30 03308584 core:CurrentFinancialInstruments core:WithinOneYear 2024-09-30 03308584 core:CurrentFinancialInstruments 2025-09-30 03308584 core:CurrentFinancialInstruments 2024-09-30 03308584 core:ShareCapital 2025-09-30 03308584 core:ShareCapital 2024-09-30 03308584 bus:Director1 2024-10-01 2025-09-30 03308584 bus:Director2 2024-10-01 2025-09-30 03308584 2023-10-01 2024-09-30 03308584 bus:PrivateLimitedCompanyLtd 2024-10-01 2025-09-30 03308584 bus:SmallCompaniesRegimeForAccounts 2024-10-01 2025-09-30 03308584 bus:FRS102 2024-10-01 2025-09-30 03308584 bus:AuditExemptWithAccountantsReport 2024-10-01 2025-09-30 03308584 bus:Director3 2024-10-01 2025-09-30 03308584 bus:Director4 2024-10-01 2025-09-30 03308584 bus:FullAccounts 2024-10-01 2025-09-30 xbrli:pure xbrli:shares iso4217:GBP