Company registration number 01886271 (England and Wales)
PACKET QUAYS MANAGEMENT LTD
FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2025
PAGES FOR FILING WITH REGISTRAR
PACKET QUAYS MANAGEMENT LTD
CONTENTS
Page
Balance sheet
1
Notes to the financial statements
2 - 4
PACKET QUAYS MANAGEMENT LTD
BALANCE SHEET
AS AT
31 DECEMBER 2025
31 December 2025
- 1 -
2025
2024
Notes
£
£
£
£
Fixed assets
Tangible assets
4
11,582
11,582
Current assets
Debtors
5
40,239
49,925
Cash at bank and in hand
320,435
369,352
360,674
419,277
Creditors: amounts falling due within one year
6
(42,501)
(72,974)
Net current assets
318,173
346,303
Net assets
329,755
357,885
Capital and reserves
Called up share capital
142
142
Capital redemption reserve
11
11
Profit and loss reserves
329,602
357,732
Total equity
329,755
357,885

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

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

The financial statements were approved by the board of directors and authorised for issue on 11 March 2026 and are signed on its behalf by:
Mr M Laity
Mrs T Dallaway
Director
Director
Company registration number 01886271 (England and Wales)
PACKET QUAYS MANAGEMENT LTD
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2025
- 2 -
1
Accounting policies
Company information

Packet Quays Management Ltd is a private company limited by shares incorporated in England and Wales. The registered office is Swingbridge House, Quay Hill, Anchor Quay, Penryn, TR10 8GU.

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 service charges, ground rents, garage rents and associated charges.

1.3
Tangible fixed assets

Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses.

Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases:

Freehold land and buildings
10% on cost for buildings, land is not depreciated

The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to profit or loss.

1.4
Cash and cash equivalents

Cash and cash equivalents are basic financial assets and include cash in hand and deposits held at call with banks.

1.5
Debtors and creditors

Debtors and creditors with no stated interest rate and receivable or payable within one year are recorded at transaction price. Any losses arising from impairment are recognised in the profit and loss account in other administrative expenses.

2
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.

PACKET QUAYS MANAGEMENT LTD
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2025
- 3 -
3
Employees

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

2025
2024
Number
Number
Total
0
0
4
Tangible fixed assets
Land and buildings
£
Cost
At 1 January 2025 and 31 December 2025
20,326
Depreciation and impairment
At 1 January 2025 and 31 December 2025
8,744
Carrying amount
At 31 December 2025
11,582
At 31 December 2024
11,582
5
Debtors
2025
2024
Amounts falling due within one year:
£
£
Trade debtors
2,249
-
0
Corporation tax recoverable
3,913
-
0
Other debtors
34,077
49,925
40,239
49,925
6
Creditors: amounts falling due within one year
2025
2024
£
£
Trade creditors
36,219
46,620
Corporation tax
-
0
3,913
Other creditors
6,282
22,441
42,501
72,974
PACKET QUAYS MANAGEMENT LTD
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2025
- 4 -
7
Audit report information

As the income statement has been omitted from the filing copy of the financial statements, the following information in relation to the audit report on the statutory financial statements is provided in accordance with s444(5B) of the Companies Act 2006.

The auditor's report is unqualified and includes the following:

Opinion

In our opinion the financial statements:

- give a true and fair view of the state of the company's affairs as at 31 December 2025 and of its loss for the year then ended;

- have been properly prepared in accordance with United Kingdom Generally Accepted Accounting Practice; and

- have been prepared in accordance with the requirements of the Companies Act 2006.

Senior Statutory Auditor:
Amy Sole
Statutory Auditor:
Phillips Frith LLP
Date of audit report:
18 March 2026
2025-12-31 2025-01-01 false false false 18 March 2026 CCH Software CCH Accounts Production 2026.100 No description of principal activity Mr M Laity Mrs T Dallaway Mr P Jefferson Mr S Collinson Dr T Ward 01886271 2025-01-01 2025-12-31 01886271 2025-12-31 01886271 2024-12-31 01886271 core:LandBuildings 2025-12-31 01886271 core:LandBuildings 2024-12-31 01886271 core:CurrentFinancialInstruments core:WithinOneYear 2025-12-31 01886271 core:CurrentFinancialInstruments core:WithinOneYear 2024-12-31 01886271 core:WithinOneYear 2025-12-31 01886271 core:WithinOneYear 2024-12-31 01886271 core:CurrentFinancialInstruments 2025-12-31 01886271 core:CurrentFinancialInstruments 2024-12-31 01886271 core:ShareCapital 2025-12-31 01886271 core:ShareCapital 2024-12-31 01886271 core:CapitalRedemptionReserve 2025-12-31 01886271 core:CapitalRedemptionReserve 2024-12-31 01886271 core:RetainedEarningsAccumulatedLosses 2025-12-31 01886271 core:RetainedEarningsAccumulatedLosses 2024-12-31 01886271 bus:Director1 2025-01-01 2025-12-31 01886271 bus:Director2 2025-01-01 2025-12-31 01886271 core:LandBuildings core:OwnedOrFreeholdAssets 2025-01-01 2025-12-31 01886271 2024-01-01 2024-12-31 01886271 core:LandBuildings 2024-12-31 01886271 bus:PrivateLimitedCompanyLtd 2025-01-01 2025-12-31 01886271 bus:SmallCompaniesRegimeForAccounts 2025-01-01 2025-12-31 01886271 bus:FRS102 2025-01-01 2025-12-31 01886271 bus:Audited 2025-01-01 2025-12-31 01886271 bus:Director3 2025-01-01 2025-12-31 01886271 bus:Director4 2025-01-01 2025-12-31 01886271 bus:Director5 2025-01-01 2025-12-31 01886271 bus:FullAccounts 2025-01-01 2025-12-31 xbrli:pure xbrli:shares iso4217:GBP