Parke Property Management Co. Ltd - Accounts to registrar (filleted)

REGISTERED NUMBER: 01594733 (England and Wales)

PARKE PROPERTY MANAGEMENT CO. LTD

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

to

4

DIRECTORS:

Mr P Darwin

Miss L L Maslin

REGISTERED OFFICE:

Landgate Chambers

Rye

East Sussex

TN31 7LJ

REGISTERED NUMBER:

01594733 (England and Wales)

ACCOUNTANTS:

Gibbons Mannington & Phipps LLP

Chartered Accountants

Landgate Chambers

24 Landgate

Rye

East Sussex

TN31 7LJ

CURRENT ASSETS

Debtors

4

1,809

3,038

Cash at bank

2,085

1,140

3,894

4,178

CREDITORS

Amounts falling due within one year

5

3,886

4,170

NET CURRENT ASSETS

8

TOTAL ASSETS LESS CURRENT
LIABILITIES

8

CAPITAL AND RESERVES

Called up share capital

6

8

SHAREHOLDERS' FUNDS

8

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 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 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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 12 December 2025 and were signed on its behalf by:

Mr P Darwin - Director

1.	STATUTORY INFORMATION

Parke Property Management Co. Ltd 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.

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.

The contributions due from the tenants of Flats 9 to 16 Fleetway Court under the terms of their leases are equal to the expenses incurred in the period, as shown in the profit and loss account.

The excess of contributions due, over contributions actually received by the company prior to the balance sheet date, are shown in the attached balance sheet as deferred income.

INCOME

Income represents members contributions towards annual service charges.

TAXATION

The Company is run on a non-profit making basis and its activities are considered to constitute mutual trading. No liability to corporation tax arises and no provision for deferred taxation is necessary.

3.	EMPLOYEES AND DIRECTORS

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

4.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

Trade debtors

1,500

2,750

Other debtors

309

288

1,809

3,038

5.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

Trade creditors

-

672

Other creditors

3,886

3,498

3,886

4,170

6.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2025

2024

value:

£

8

Ordinary

1

8

7.	RELATED PARTIES

The Company's income is wholly derived from the owners of leasehold interests in the eight flats known as 9-16 Fleetway Court, each of whom holds one share in the company and two of whom act as directors. As at the Company's year end £3,886 (2024: £3,498) was owed to related parties.