Unaudited Financial Statements

for the Year Ended 30 November 2025

for

Priory Court (Reigate) Management Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

J M Curl

Mrs J Riiser

A Hoad

REGISTERED OFFICE:

C/0 White & Sons

Reeve House

Parsonage Square

Dorking

Surrey

RH4 1UP

REGISTERED NUMBER:

02986804 (England and Wales)

ACCOUNTANTS:

Williams & Co Epsom LLP

Chartered Accountants

8-10 South Street

Epsom

Surrey

KT18 7PF

FIXED ASSETS

Tangible assets

4

19,141

19,141

CURRENT ASSETS

Debtors

5

991

2,018

Cash at bank

52,868

44,481

53,859

46,499

CREDITORS

Amounts falling due within one year

6

2,474

2,321

NET CURRENT ASSETS

51,385

44,178

TOTAL ASSETS LESS CURRENT LIABILITIES

70,526

63,319

RESERVES

Income and expenditure account

70,526

63,319

70,526

63,319

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 November 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 November 2025 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its surplus or deficit for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 1 September 2026 and were signed on its behalf by:

Mrs J Riiser - Director

1.	STATUTORY INFORMATION

Priory Court (Reigate) Management Ltd is a private company, limited by guarantee , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

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.

Turnover

Turnover represents service charges collected from flat owners.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Land and buildings

-

nil

Plant and machinery etc

-

25% on reducing balance

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2024 - NIL).

4.	TANGIBLE FIXED ASSETS

Plant and

Land and

machinery

buildings

etc

Totals

£

£

£

COST

At 1 December 2024

and 30 November 2025

19,141

710

19,851

DEPRECIATION

At 1 December 2024

and 30 November 2025

-

710

710

NET BOOK VALUE

At 30 November 2025

19,141

-

19,141

At 30 November 2024

19,141

-

19,141

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Accrued income

-

1,030

Prepayments

991

988

991

2,018

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade creditors

133

134

Tax

168

87

Accruals and deferred income

2,173

2,100

2,474

2,321

7.	ULTIMATE CONTROLLING PARTY

The company is under the control of the Board of Directors.

8.	LIMITED BY GUARANTEE

The company is limited by guarantee and has no share capital. Each flat owner is entitled to attend and vote at AGM's etc. In the event of the company ceasing to trade then each member is liable to contribute £1 to the company.