REGISTERED NUMBER: 01122878 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

FOR

PENLEE RESIDENTS MANAGEMENT COMPANY

LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

T J Hadden

R C Taylor

SECRETARY:

HC Block & Estate Management Ltd

REGISTERED OFFICE:

386 Finchampstead Road

Finchampstead

Wokingham

Berks

RG40 3LA

REGISTERED NUMBER:

01122878 (England and Wales)

ACCOUNTANTS:

C B Heslop & Company Limited

Chartered Accountants

1 High Street

Thatcham

Berks

RG19 3JG

FIXED ASSETS

Tangible assets

4

50

50

CURRENT ASSETS

Debtors

5

1,226

4,694

Cash at bank

21,976

20,715

23,202

25,409

CREDITORS

Amounts falling due within one year

6

347

1,686

NET CURRENT ASSETS

22,855

23,723

TOTAL ASSETS LESS CURRENT LIABILITIES

22,905

23,773

CAPITAL AND RESERVES

Called up share capital

7

12

12

Retained earnings

8

22,893

23,761

SHAREHOLDERS' FUNDS

22,905

23,773

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 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 profit or loss 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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 6 November 2025 and were signed on its behalf by:

T J Hadden - Director

1.	STATUTORY INFORMATION

Penlee Residents Management Company Limited is a private company, limited by shares , 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.

Income

Income comprises the service charges and any fees paid in the year.

Tangible fixed assets and depreciation

Fixed assets have been fully written down and are entered at a nominal residual value

3.	EMPLOYEES AND DIRECTORS

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

4.	TANGIBLE FIXED ASSETS

Fixtures

and

fittings

£

COST

At 1 April 2024

and 31 March 2025

50

NET BOOK VALUE

At 31 March 2025

50

At 31 March 2024

50

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Outstanding service charges

1,226

3,775

Prepayments

-

919

1,226

4,694

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Trade creditors

(486

)

1,243

Accrued expenses

833

443

347

1,686

7.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.3.25

31.3.24

value:

£

£

12

ordinary

£1

12

12

8.

RESERVES

Retained

earnings

£

At 1 April 2024

23,761

Deficit for the year

(868

)

At 31 March 2025

22,893

9.	CONTINGENT LIABILITIES

There were no contingent liabilities at the balance sheet date or at 31 March 2025.

10.	ULTIMATE CONTROLLING PARTY

Income comprises the service charges and any fees paid in the year by the leaseholders.Each lessee is entitled to hold one share in the company and there is no ultimate controlling party.