Registration number:
Upton Road Property Management Company Ltd
(A company limited by guarantee)
for the Year Ended 31 March 2026
Upton Road Property Management Company Ltd
Contents
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Company Information |
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Balance Sheet |
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Notes to the Unaudited Financial Statements |
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Detailed Profit and Loss Account |
Upton Road Property Management Company Ltd
Company Information
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Directors |
Mrs Pamela Hanrahan Mrs Janice Yvonne Raine Strassen Nicola Jane Newcomb |
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Registered office |
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Accountants |
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Upton Road Property Management Company Ltd
(Registration number: 07009062)
Balance Sheet as at 31 March 2026
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Note |
2026 |
2025 |
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Current assets |
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Debtors |
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Cash at bank and in hand |
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Creditors: Amounts falling due within one year |
( |
( |
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Net assets |
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Reserves |
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Retained earnings |
2,654 |
2,542 |
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Surplus |
2,654 |
2,542 |
For the financial year ending 31 March 2026 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors' responsibilities:
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The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts. |
Approved and authorised by the
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Upton Road Property Management Company Ltd
Notes to the Unaudited Financial Statements for the Year Ended 31 March 2026
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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:
These financial statements were authorised for issue by the
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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
Turnover 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. Turnover 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.
Upton Road Property Management Company Ltd
Notes to the Unaudited Financial Statements for the Year Ended 31 March 2026
Trade debtors
Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.
Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.
Trade creditors
Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.
Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.
Share capital
The company is limited by guarantee to the extent of £1 per member
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Staff numbers |
The average number of persons employed by the company (including directors) during the year, was
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Debtors |
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Current |
2026 |
2025 |
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Prepayments |
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Other debtors |
( |
( |
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Upton Road Property Management Company Ltd
Notes to the Unaudited Financial Statements for the Year Ended 31 March 2026
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Creditors |
Creditors: amounts falling due within one year
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2026 |
2025 |
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Due within one year |
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Accruals and deferred income |
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Related party transactions |
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Transactions with directors |
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2025 |
At 1 April 2024 |
Advances to director |
At 31 March 2025 |
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Miss Georgina Harrill |
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Loan from director |
( |
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- |
Upton Road Property Management Company Ltd
Detailed Profit and Loss Account for the Year Ended 31 March 2026
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2026 |
2025 |
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turnover (analysed below) |
1,800 |
1,552 |
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Gross surplus (%) |
100% |
100% |
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Administrative expenses |
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Establishment costs (analysed below) |
(658) |
(573) |
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General administrative expenses (analysed below) |
(1,030) |
(405) |
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Finance charges (analysed below) |
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(38) |
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(1,688) |
(1,016) |
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Operating surplus |
112 |
536 |
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Surplus before tax |
112 |
536 |
Upton Road Property Management Company Ltd
Detailed Profit and Loss Account for the Year Ended 31 March 2026
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2026 |
2025 |
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Turnover |
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Rendering of services, UK |
1,800 |
1,552 |
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Establishment costs |
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Insurance |
(435) |
(447) |
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Repairs and maintenance |
(223) |
(126) |
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(658) |
(573) |
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General administrative expenses |
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Discounts receivable |
50 |
- |
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Accountancy fees |
(300) |
(225) |
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Management fees |
(720) |
(120) |
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Legal and professional fees |
(60) |
(60) |
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(1,030) |
(405) |
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Finance charges |
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Bank charges |
- |
(38) |