Acorah Software Products - Accounts Production 19.4.351 false true 31 December 2024 1 January 2024 false 1 January 2025 31 December 2025 31 December 2025 05116942 Mr S A Boyd Mr C J Picton Parc Properties Management Limited iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 05116942 2024-12-31 05116942 2025-12-31 05116942 2025-01-01 2025-12-31 05116942 frs-core:CurrentFinancialInstruments 2025-12-31 05116942 frs-core:Non-currentFinancialInstruments 2025-12-31 05116942 frs-core:SharePremium 2025-12-31 05116942 frs-core:ShareCapital 2025-12-31 05116942 frs-core:RetainedEarningsAccumulatedLosses 2025-12-31 05116942 frs-bus:PrivateLimitedCompanyLtd 2025-01-01 2025-12-31 05116942 frs-bus:FilletedAccounts 2025-01-01 2025-12-31 05116942 frs-bus:SmallEntities 2025-01-01 2025-12-31 05116942 frs-bus:AuditExempt-NoAccountantsReport 2025-01-01 2025-12-31 05116942 frs-bus:SmallCompaniesRegimeForAccounts 2025-01-01 2025-12-31 05116942 frs-bus:Director1 2025-01-01 2025-12-31 05116942 frs-bus:Director2 2025-01-01 2025-12-31 05116942 frs-bus:CompanySecretary1 2025-01-01 2025-12-31 05116942 frs-countries:EnglandWales 2025-01-01 2025-12-31 05116942 2023-12-31 05116942 2024-12-31 05116942 2024-01-01 2024-12-31 05116942 frs-core:CurrentFinancialInstruments 2024-12-31 05116942 frs-core:Non-currentFinancialInstruments 2024-12-31 05116942 frs-core:SharePremium 2024-12-31 05116942 frs-core:ShareCapital 2024-12-31 05116942 frs-core:RetainedEarningsAccumulatedLosses 2024-12-31
Registered number: 05116942
St. George's Square (Narrow Street) Freehold Limited
Unaudited Financial Statements
For The Year Ended 31 December 2025
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 05116942
2025 2024
Notes £ £ £ £
FIXED ASSETS
Investment Properties 4 86,820 108,525
86,820 108,525
CURRENT ASSETS
Debtors 5 5,177 3,377
Cash at bank and in hand 46,094 14,173
51,271 17,550
Creditors: Amounts Falling Due Within One Year 6 (3,544 ) (1,681 )
NET CURRENT ASSETS (LIABILITIES) 47,727 15,869
TOTAL ASSETS LESS CURRENT LIABILITIES 134,547 124,394
Creditors: Amounts Falling Due After More Than One Year 7 (73,240 ) (73,240 )
NET ASSETS 61,307 51,154
CAPITAL AND RESERVES
Called up share capital 8 29 29
Share premium account 27,371 27,371
Profit and Loss Account 33,907 23,754
SHAREHOLDERS' FUNDS 61,307 51,154
Page 1
Page 2
For the year ending 31 December 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
Mr C J Picton
Director
24th September 2026
The notes on pages 3 to 5 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
St. George's Square (Narrow Street) Freehold Limited is a private company, limited by shares, incorporated in England & Wales, registered number 05116942 . The registered office is 8 Cumbrian House, 217 Marsh Wall, London, E14 9FJ.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. Turnover
Turnover represents the value of ground rents receivable.
2.3. Investment Properties
All investment properties are carried at fair value determined annually and derived from the current market rents and investment property yields for comparable real estate, adjusted if necessary for any difference in the nature, location or condition of the specific asset. No depreciation is provided for. Changes in fair value are recognised in the profit and loss account.
2.4. Taxation
Income tax expense represents the sum of the tax currently payable and deferred tax.
The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.
Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.
Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and assets reflect the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.
Current and deferred tax are recognised in profit or loss for the year, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case current and deferred tax are recognised in other comprehensive income or directly in equity respectively.
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3. Average Number of Employees
Average number of employees, including directors, during the year was: NIL (2024: NIL)
- -
4. Investment Property
2025
£
Fair Value
As at 1 January 2025 108,525
Disposals (21,705 )
As at 31 December 2025 86,820
If investment property had been accounted for under historical cost accounting rules, the amounts would be:
2025 2024
£ £
Cost 86,820 108,525
5. Debtors
2025 2024
£ £
Due within one year
Trade debtors 4,600 2,800
Other debtors 577 577
5,177 3,377
6. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Trade creditors 840 78
Other creditors 2,684 1,603
Taxation and social security 20 -
3,544 1,681
7. Creditors: Amounts Falling Due After More Than One Year
2025 2024
£ £
Other creditors 73,240 73,240
Page 4
Page 5
8. Share Capital
2025 2024
£ £
Allotted, Called up and fully paid 29 29
Page 5