IRIS Accounts Production v26.1.10.61 00620922 Board of Directors 12.6.24 11.6.25 11.6.25 3.7.2026 false true false false true false Auditors Opinion Ordinary 10.00000 iso4217:GBP iso4217:USD iso4217:EUR xbrli:shares xbrli:pure utr:tonnes utr:kWh 00620922 2024-06-11 00620922 2025-06-11 00620922 2024-06-12 2025-06-11 00620922 2023-06-11 00620922 2023-06-12 2024-06-11 00620922 2024-06-11 00620922 ns15:EnglandWales 2024-06-12 2025-06-11 00620922 ns14:PoundSterling 2024-06-12 2025-06-11 00620922 ns10:Director1 2024-06-12 2025-06-11 00620922 ns10:PrivateLimitedCompanyLtd 2024-06-12 2025-06-11 00620922 ns10:SmallEntities 2024-06-12 2025-06-11 00620922 ns10:Audited 2024-06-12 2025-06-11 00620922 ns10:SmallCompaniesRegimeForDirectorsReport 2024-06-12 2025-06-11 00620922 ns10:SmallCompaniesRegimeForAccounts 2024-06-12 2025-06-11 00620922 ns10:FullAccounts 2024-06-12 2025-06-11 00620922 ns10:OrdinaryShareClass1 2024-06-12 2025-06-11 00620922 ns10:Director2 2024-06-12 2025-06-11 00620922 ns10:Director3 2024-06-12 2025-06-11 00620922 ns10:CompanySecretary1 2024-06-12 2025-06-11 00620922 ns10:RegisteredOffice 2024-06-12 2025-06-11 00620922 ns5:CurrentFinancialInstruments 2025-06-11 00620922 ns5:CurrentFinancialInstruments 2024-06-11 00620922 ns5:ShareCapital 2025-06-11 00620922 ns5:ShareCapital 2024-06-11 00620922 ns5:RetainedEarningsAccumulatedLosses 2025-06-11 00620922 ns5:RetainedEarningsAccumulatedLosses 2024-06-11 00620922 ns5:WithinOneYear ns5:CurrentFinancialInstruments 2025-06-11 00620922 ns5:WithinOneYear ns5:CurrentFinancialInstruments 2024-06-11 00620922 ns10:OrdinaryShareClass1 2025-06-11 00620922 ns5:RetainedEarningsAccumulatedLosses 2024-06-11 00620922 ns5:RetainedEarningsAccumulatedLosses 2024-06-12 2025-06-11

REGISTERED NUMBER: 00620922 (England and Wales)

| AUDITED FINANCIAL STATEMENTS |

| FOR THE YEAR ENDED 11 JUNE 2025 |

| FOR |

| PARK COURT RESIDENTS ASSOCIATION LIMITED |

PARK COURT RESIDENTS ASSOCIATION LIMITED (REGISTERED NUMBER: 00620922)

CONTENTS OF THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 11 JUNE 2025

Page |

Company Information | 1 |

Balance Sheet | 2 |

Notes to the Financial Statements | 3 |

PARK COURT RESIDENTS ASSOCIATION LIMITED

COMPANY INFORMATION

FOR THE YEAR ENDED 11 JUNE 2025

| DIRECTORS: | N Routledge

| E J Jervis

| M R Osborne

| SECRETARY: | R D S Heald FRICS

| REGISTERED OFFICE: | 69 Victoria Road

| Surbiton

| Surrey

| KT6 4NX

| REGISTERED NUMBER: | 00620922 (England and Wales)

| SENIOR STATUTORY AUDITOR: | Kate Brasser FCCA

| AUDITORS: | THP Limited

| Chartered Accountants

| and Statutory Auditors

| Unit 4 Mulgrave Chambers

| 26-28 Mulgrave Road

| Sutton

| Surrey

| SM2 6LE

PARK COURT RESIDENTS ASSOCIATION LIMITED (REGISTERED NUMBER: 00620922)

BALANCE SHEET

11 JUNE 2025

| 2025 |  | 2024

| Notes | £ | £ |

FIXED ASSETS

Tangible assets | 4 | - |  | - |  |

CURRENT ASSETS

Debtors | 5 | 36,532 |  | 43,737 |  |

Cash at bank | 81,549 |  | 85,410 |  |

118,081 |  | 129,147 |  |

CREDITORS

Amounts falling due within one year | 6 | 8,001 |  | 3,480 |  |

NET CURRENT ASSETS | 110,080 |  | 125,667 |  |

TOTAL ASSETS LESS CURRENT LIABILITIES | 110,080 |  | 125,667 |  |

CAPITAL AND RESERVES

Called up share capital | 7 | 360 |  | 360 |  |

General reserve | 8 | 109,720 |  | 125,307 |  |

SHAREHOLDERS' FUNDS | 110,080 |  | 125,667 |  |

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 3 July 2026 and were signed on its behalf by:

M R Osborne - Director

PARK COURT RESIDENTS ASSOCIATION LIMITED (REGISTERED NUMBER: 00620922)

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 11 JUNE 2025

1. | STATUTORY INFORMATION

| Park Court Residents Association Limited 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.

| The presentation currency of the financial statements is the Pound Sterling (£).

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.

| Going concern

| The financial statements are prepared on the going concern basis, which assumes the ability of the company to continue its activities for the foreseeable future, being a period of not less than twelve months from the approval of these accounts.

| The directors, having considered all the information available, are confident that the company has adequate reserves and resources to continue its operational activities for the foreseeable future. Accordingly, the directors are satisfied that the going concern basis continues to be appropriate for the preparation of the annual financial statements.

| Revenue recognition

| Revenue is measured at the fair value of the consideration received or receivable and represents the maintenance charges receivable in respect of communal expenditure in the ordinary course of business.

| Revenue is recognised in the accounting period in which the services were rendered.

| Taxation

| Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

| Current or deferred taxation assets and liabilities are not discounted.

| Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

| No liability to corporation tax arises on the ordinary activities of the company as it is a non profit making organisation.

| General reserve

| The general reserve has been established to meet the future maintenance costs. Such provision is considered prudent to enable the company to manage the property.

| Profit and loss

| It is considered that the activities of the company do not give rise to a profit and loss due to its nature of being a flat management company. Any excess or deficit of service charges levied over current expenditure will be retained in the general reserve.

3. | EMPLOYEES AND DIRECTORS

| The average number of employees during the year was 3 (2024 - 2 ) .

4. | TANGIBLE FIXED ASSETS

| The company owns the freehold of the property known as Park Court in Park Road, New Malden, Surrey KT3 5AE which it acquired at no cost.

PARK COURT RESIDENTS ASSOCIATION LIMITED (REGISTERED NUMBER: 00620922)

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 11 JUNE 2025

5. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |

2025 | 2024 |

£ | £ |

| Service charge in arrears | 3,108 |  | 1,613 |  |

| Corporation tax recoverable | 72 |  | 72 |  |

| Prepayments and accrued income | 33,352 |  | 42,052 |  |

36,532 |  | 43,737 |  |

6. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |

2025 | 2024 |

£ | £ |

| Creditors and accruals | 8,001 |  | 3,480 |  |

7. | CALLED UP SHARE CAPITAL

| Allotted, issued and fully paid:

| Number: | Class: | Nominal | 2025 | 2024 |

| value: | £ | £ |

| 36 | Ordinary | £10 | 360 |  | 360 |  |

8. | RESERVES

| General

| reserve

£ |

| At 12 June 2024 | 125,307 |  |

| Deficit for the year | (15,587 | ) |

| At 11 June 2025 | 109,720 |  |

| Any surplus or deficit resulting from the current year's income and expenditure account is retained in the company's general reserve fund. The present level of the fund may prove insufficient, given the uncertainty as to whether and when substantial costs may arise on the property. Any insufficient funds arising will be recharged to the lessees of the property.

9. | DISCLOSURE UNDER SECTION 444(5B) OF THE COMPANIES ACT 2006

| The Report of the Auditors was unqualified.

| Kate Brasser FCCA (Senior Statutory Auditor)

| for and on behalf of THP Limited