Registration number: 03813826

The Pines (Freehold) Limited

Contents

Company Information	1
Statement of Financial Position	2
Notes to the Unaudited Financial Statements	3 to 5

The Pines (Freehold) Limited

Company Information

Directors

H Ali N A De-Heer

Company secretary

CECPM Limited

Registered office

15 Stoneleigh Crescent Epsom Surrey KT19 0RT

Accountants

Service Charge Assurance Limited Chartered AccountantsSalatin House 19 Cedar Road Sutton Surrey SM2 5DA

The Pines (Freehold) Limited

(Registration number: 03813826)
Statement of Financial Position as at 24 March 2025

	Note	2025 £	2024 £
Non-current assets
Property, plant and equipment	4	1,029	1,029
Current assets
Receivables	5	6,382	6,382
Net current assets		6,382	6,382
Total assets less current liabilities		7,411	7,411
Payables: Amounts falling due after more than one year	6	(6,268)	(6,268)
Net assets		1,143	1,143
Equity
Called up share capital	8	80	80
Retained earnings	8	1,063	1,063
Shareholders' funds		1,143	1,143

For the financial year ending 24 March 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

•	The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and
•	The directors acknowledge their 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 and in accordance with the provisions of FRS 102 Section 1A - small entities.

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime and the option not to file the income statement has been taken.

The financial statements of The Pines (Freehold) Limited were approved and authorised for issue by the Board on 14 October 2025 and signed on its behalf by:
 

.........................................

N A De-Heer
Director

The Pines (Freehold) Limited

Notes to the Unaudited Financial Statements
for the Year Ended 24 March 2025

1	General information

The Pines (Freehold) Limited (the 'company') is a private company limited by share capital, registered in England and Wales under the Companies Act.

The address of the registered office is given on page 1. The company was dormant throughout the current and previous accounting period.

2	Accounting policies

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 - 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006.

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.

The functional currency of the company is considered to be pound sterling (£) because that is the currency of the primary economic environment in which the company operates. The financial statements are presented in pound sterling (£).

Summary of disclosure exemptions

The company meets the definition of a small entity under FRS 102 and has therefore taken advantage of the disclosure exemptions from the requirement to present a statement of cash flows provided under paragraph 1A.7 of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'..

Going concern

The directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. Thus they continue to adopt the going concern basis in preparing the annual financial statements.

Critical judgements and key sources of estimation uncertainties

There were no key sources of estimation uncertainties or critical judgements made by the directors in the process of applying the company’s accounting policies with significant effect on the amounts recognised in the financial statements.

The Pines (Freehold) Limited

Notes to the Unaudited Financial Statements
for the Year Ended 24 March 2025 (continued)

2	Accounting policies (continued)

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class	Depreciation method and rate
Land and buildings	Nil

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

Financial instruments

The company only has financial assets and financial liabilities of a kind that qualify as basic financial instruments. Basic financial instruments are initially recognised at transaction value and subsequently measured at their settlement value.

3	Staff numbers

The average number of persons employed by the company (including directors) during the year, was 0 (2024 - 0).

4	Property, plant and equipment

	Land and buildings £
Cost or valuation
At 25 March 2024	1,029
At 24 March 2025	1,029
Carrying amount
At 24 March 2025	1,029
At 24 March 2024	1,029

In 2000, the company acquired the freehold interest in the property known as 31 to 48 The Pines, St James Road, Purley, Surrey CR8 2DZ, for the total cost of £63,272. Contributions totalling this amount were received from seventeen of the eighteen leaseholders. The freehold has been included in these accounts for £1,029, which is the minimum value that would be charged to the one remaining leaseholder to participate in the ownership of the freehold.

The Pines (Freehold) Limited

Notes to the Unaudited Financial Statements
for the Year Ended 24 March 2025 (continued)

5	Receivables

	2025 £	2024 £
Due from The Pines service charge	6,382	6,382
	6,382	6,382

6

Payables

Payables: amounts falling due within one year

	2025 £	2024 £
Due after one year
Other payables	6,268	6,268

7	Service charge accounts

Service charge accounts, in accordance with ICAEW Technical Release 03/11, have been prepared for 31 to 48 The Pines, Purley, Surrey CR8 2DZ for the year ended 24 March 2025. These detail all of the service charge transactions in the year and a copy can be obtained from the managing agents CECPM Limited at the registered office address.

8	Share capital and reserves

Allotted, called up and fully paid shares

	2025		2024
	No.	£	No.	£
Ordinary shares of £5 each	16	80	16	80