Registration number:
Parkcrown Property Management Ltd
for the Year Ended 5 April 2026
Parkcrown Property Management Ltd
Contents
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Balance Sheet |
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Notes to the Unaudited Financial Statements |
Parkcrown Property Management Ltd
(Registration number: 04460439)
Balance Sheet as at 5 April 2026
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Note |
2026 |
2025 |
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Fixed assets |
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Investment property |
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Current assets |
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Debtors |
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- |
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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 current assets |
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Total assets less current liabilities |
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Provisions for liabilities |
( |
( |
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Net assets |
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Capital and reserves |
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Called up share capital |
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Other reserves |
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Profit and loss account |
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Shareholders' funds |
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For the financial year ending 5 April 2026 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Director's responsibilities:
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• |
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• |
The director acknowledges her 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.
Approved and authorised by the
Director
Parkcrown Property Management Ltd
Notes to the Unaudited Financial Statements for the Year Ended 5 April 2026
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General information |
The company is a private company limited by share capital, incorporated in England and Wales.
The address of its registered office is:
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Accounting policies |
Basis of preparation
These financial statements have been prepared using the historical cost convention in accordance with Financial Reporting Standard 102 Section 1A - 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006.
The presentation currency is sterling.
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.
Going concern
The financial statements have been prepared on a going concern basis.
Revenue recognition
Turnover comprises rental income received or receivable in the ordinary course of the company's activities.
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
Tax
The current tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date.
Deferred tax
Deferred tax is recognised in respect of all timing differences between taxable profits and profits reported in the financial statements.
Unrelieved tax losses and other deferred tax assets are recognised when it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.
Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference.
Investment property
Defined contribution pension obligation
The company operates a defined contribution plan for the benefit of its employees. Contributions are expensed as they become payable.
Cash
Cash comprises cash on hand and all deposits.
Parkcrown Property Management Ltd
Notes to the Unaudited Financial Statements for the Year Ended 5 April 2026
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Staff numbers |
The average number of persons employed by the company during the year was
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Investment properties |
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2026 |
2025 |
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At 6 April |
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328,614 |
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Fair value adjustments |
( |
(6,200) |
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At 5 April |
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322,414 |
The properties were valued by the director at their market value using current market data for similar properties in the same areas.
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Debtors |
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2026 |
2025 |
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Prepayments |
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- |
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- |
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Creditors |
Creditors: amounts falling due within one year
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2026 |
2025 |
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Taxation and social security |
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Other creditors |
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Other loans |
312 |
312 |
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Accruals |
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Share capital |
Allotted, called up and fully paid shares
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2026 |
2025 |
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No. |
£ |
No. |
£ |
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2 |
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2 |