Registration number: 03029888

Parkgate (Bagshot) Management Company Limited

(Registration number: 03029888)
Statement of Financial Position as at 31 March 2025

	Note	2025 £	2024 £
Fixed assets
Tangible assets	4	8	8
Current assets
Debtors	5	1,200	-
Cash at bank and in hand		890	900
		2,090	900
Creditors: Amounts falling due within one year	6	(1,342)	(658)
Net current assets		748	242
Net assets		756	250
Capital and reserves
Called up share capital		8	8
Income and expenditure account		748	242
Shareholders' funds		756	250

For the financial year ending 31 March 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

•	The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and
•	The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Income Statement.

Approved and authorised by the Board on 16 December 2025 and signed on its behalf by:
 

......................................... Ms H V James Director

Parkgate (Bagshot) Management Company Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2025

1	General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is: Knoll House, Knoll Road, Camberley, Surrey, GU15 3SY, United Kingdom.

2	Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

The financial statements are prepared in sterling, which is the functional currency of the entity.

Revenue recognition

Turnover represents service charges receivable from the residents for the year in question and is derived wholly within the UK.

Tangible assets

Tangible assets are stated in the statement of financial position at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class	Depreciation method and rate
Freehold property	No depreciation - reversionary interest of £1 per unit only

Maintenance debtors

Short term debtors are measured at transaction price, less any impairment.

Cash and cash equivalents

Cash is represented by cash in hand and bank deposits.

Other creditors

Short term creditors are measured at the transaction price.

Parkgate (Bagshot) Management Company Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2025

Financial instruments

The Company only enters into basic financial instruments transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans from banks and other third parties and loans to related parties.

3	Staff numbers

The average number of persons employed by the company during the year, was 0 (2024 - 0).

Due to the nature of the company’s activities there were no employees in the current or previous year.

4	Tangible assets

	Freehold property £	Total £
Cost or valuation
At 1 April 2024	8	8
At 31 March 2025	8	8
Depreciation
Carrying amount
At 31 March 2025	8	8
At 31 March 2024	8	8

5

Debtors

	2025 £	2024 £
Maintenance debtors	1,200	-
	1,200	-

6

Creditors

Creditors: amounts falling due within one year

	2025 £	2024 £
Accruals and deferred income	1,342	658