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Registration number: 15736347

The Pavilion (Poundbury) Management Company Limited (A company limited by guarantee)
Annual Report and Unaudited Financial Statements Year Ended 31 December 2025

Chartered Accountants

The Pavilion (Poundbury) Management Company Limited

Contents

Company Information | 1
Accountants' Report | 2
Balance Sheet | 3
Notes to the Financial Statements | 4 to 5

The Pavilion (Poundbury) Management Company Limited

Company Information

Directors | J S Carmichael R A Mangnall L Mathieu P J S Pugsley

Registered office | Unity Chambers 34 High East Street Dorchester Dorset DT1 1HA

Accountants | Edwards and Keeping Limited Unity Chambers 34 High East Street Dorchester Dorset DT1 1HA

Chartered Accountants' Report to the Board of Directors on the Preparation of the Unaudited Statutory Accounts of
The Pavilion (Poundbury) Management Company Limitedfor the Year Ended 31 December 2025

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of The Pavilion (Poundbury) Management Company Limited for the year ended 31 December 2025 as set out on pages 3 to 5 from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at
http://www.icaew.com/regulation.

This report is made solely to the Board of Directors of The Pavilion (Poundbury) Management Company Limited, as a body, in accordance with the terms of our engagement letter. Our work has been undertaken solely to prepare for your approval the accounts of The Pavilion (Poundbury) Management Company Limited and state those matters that we have agreed to state to the Board of Directors of The Pavilion (Poundbury) Management Company Limited, as a body, in this report in accordance with ICAEW Technical Release 07/16 AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than The Pavilion (Poundbury) Management Company Limited and its Board of Directors as a body for our work or for this report.

It is your duty to ensure that The Pavilion (Poundbury) Management Company Limited has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit of The Pavilion (Poundbury) Management Company Limited. You consider that The Pavilion (Poundbury) Management Company Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the accounts of The Pavilion (Poundbury) Management Company Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.

Edwards and Keeping Limited
Unity Chambers
34 High East Street
Dorchester
Dorset
DT1 1HA

23 March 2026

The Pavilion (Poundbury) Management Company Limited

(Registration number: 15736347)
Balance Sheet as at 31 December 2025

| Note | 2025 | 2024
|  | £ | £ | £ | £
Current assets |  |  |  |  |
Debtors | 4 |  | 26,382 |  | -
Cash at bank and in hand |  |  | 88,103 |  | -
|  |  | 114,485 |  | -
Creditors: Amounts falling due within one year | 5 |  | (69,091) |  | -
Net assets |  |  | 45,394 |  | -
Capital and reserves |  |  |  |  |
Schedule 1 reserve |  | 17,782 |  | - |
Schedule 2 reserve |  | 27,612 |  | - |
Profit and loss account |  | - |  | - |
Total equity |  |  | 45,394 |  | -

For the financial year ending 31 December 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 in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

These financial statements have been 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 Profit and Loss Account.

Approved and authorised by the Board on 17 March 2026 and signed on its behalf by:

R A Mangnall
Director

The Pavilion (Poundbury) Management Company Limited

Notes to the Financial Statements
for the Year Ended 31 December 2025

1 | General information

The company is a company limited by guarantee, incorporated in England and Wales, and consequently does not have share capital. Each of the members is liable to contribute an amount not exceeding £1 towards the assets of the company in the event of liquidation.

The address of its registered office is:
Unity Chambers
34 High East Street
Dorchester
Dorset
DT1 1HA
England

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.

Revenue recognition

Income comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Income is shown net of sales/value added tax, returns, rebates and discounts.
The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Trade debtors
Trade debtors are amounts due from residents for services performed in the ordinary course of business.

Trade creditors
Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business.

Provisions
Provisions are recognised when the company has a present legal or constructive obligation as a result of past events, it is probable that an outflow of resources will be required to settle the obligation and the amount of the obligation can be estimated reliably.

The Pavilion (Poundbury) Management Company Limited

Notes to the Financial Statements
for the Year Ended 31 December 2025

3 | Staff numbers

The average number of persons employed by the company (including directors) during the year, was 0 (2024 - 0). The average number of directors during the year was 4 (2024 - 4).

4 | Debtors

Current | 2025 £ | 2024 £
Debtors (Welcome) | 10,802 | -
Debtors (other) | 762 | -
Other prepayments | 14,818 | -
| 26,382 | -

5 | Creditors

Creditors: amounts falling due within one year

| 2025 £ | 2024 £
Due within one year |  |
Amounts in advance from lessees | 53,782 | -
Accruals | 5,389 | -
Provision for liabilities | 9,920 | -
| 69,091 | -

Provision for liabilities
A provision of £4920 has been made for the planned replacement of failed emergency lighting in the common areas - this work is required to ensure compliance with fire safety regulations.
A provision of £5,000 has been made in respect of legal charges arising from the “right to manage” adoption process. An invoice has been received from Coles Miller, solicitors which was substantially higher than the estimate provided. The amount is now in dispute however the eventual settlement is likely to be lower than the amount provided for.