Registration number: 02451706

Fountain Court (Ascot) Limited

(Registration number: 02451706)
Statement of Financial Position as at 30 April 2026

	Note	2026 £	2025 £
Fixed assets
Tangible assets	4	8,050	-
Current assets
Debtors	5	1,882	30
Cash at bank and in hand		7,373	31,716
		9,255	31,746
Creditors: Amounts falling due within one year	6	(3,309)	(5,868)
Net current assets		5,946	25,878
Net assets		13,996	25,878
Reserves
Income and expenditure account		13,996	25,878
Members' funds		13,996	25,878

For the financial year ending 30 April 2026 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 30 June 2026 and signed on its behalf by:
 

......................................... Mr J W Cheshire Company secretary and director

Fountain Court (Ascot) Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 April 2026

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: 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 comprises the fair value of the maintenance contributions receivable for the year.

Tax

The tax expense for the period comprises current tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

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
Plant and machinery	33.33% reducing balance

Fountain Court (Ascot) Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 April 2026

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.

Creditors

Short term creditors are measured at the transaction price.

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 (including directors) during the year, was 0 (2025 - 0).

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

4	Tangible assets

	Plant and machinery  £	Total £
Cost or valuation
Additions	12,074	12,074
At 30 April 2026	12,074	12,074
Depreciation
Charge for the year	4,024	4,024
At 30 April 2026	4,024	4,024
Carrying amount
At 30 April 2026	8,050	8,050

The company is also the beneficial owner of the freehold communal land at Princess Gate, Sunninghill, Ascot. No value has been placed on this freehold interest as no consideration was paid.

5

Debtors

	2026 £	2025 £
Debtors	500	-
Prepayments	1,382	30
	1,882	30

Fountain Court (Ascot) Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 April 2026

6

Creditors

Creditors: amounts falling due within one year

	2026 £	2025 £
Taxation and social security	19	77
Accruals and deferred income	3,290	5,791
	3,309	5,868