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REGISTERED NUMBER: 05618590 (England and Wales)















Report of the Directors and

Unaudited Financial Statements

For The Year Ended 25 December 2022

for

19 LONGRIDGE ROAD FREEHOLD MANAGEMENT
COMPANY LIMITED

19 LONGRIDGE ROAD FREEHOLD MANAGEMENT
COMPANY LIMITED (REGISTERED NUMBER: 05618590)






Contents of the Financial Statements
For The Year Ended 25 December 2022




Page

Company Information 1

Report of the Directors 2

Income Statement 3

Balance Sheet 4

Notes to the Financial Statements 5


19 LONGRIDGE ROAD FREEHOLD MANAGEMENT
COMPANY LIMITED

Company Information
For The Year Ended 25 December 2022







DIRECTORS: F Cacciabue
D M Johnson
Z Cvetkovic
C Brzezniak





SECRETARY: F Cacciabue





REGISTERED OFFICE: 35 Lime Grove
London
W12 8EE





REGISTERED NUMBER: 05618590 (England and Wales)





ACCOUNTANTS: LBCo Ltd
T/A Lees-Buckley & Co
16 Northfields Prospect
Putney Bridge Road
London
SW18 1PE

19 LONGRIDGE ROAD FREEHOLD MANAGEMENT
COMPANY LIMITED (REGISTERED NUMBER: 05618590)

Report of the Directors
For The Year Ended 25 December 2022

The directors present their report with the financial statements of the company for the year ended 25 December 2022.

PRINCIPAL ACTIVITY
The principal activity of the company in the year under review was that of the management of its freehold property at 19 Longridge Road, London SW5.

DIRECTORS
The directors shown below have held office during the whole of the period from 26 December 2021 to the date of this report.

F Cacciabue
D M Johnson

Other changes in directors holding office are as follows:

A Cukic Munro - resigned 24 June 2022
Z Cvetkovic - appointed 25 June 2022
C Brzezniak - appointed 19 September 2022

This report has been prepared in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

ON BEHALF OF THE BOARD:





F Cacciabue - Director


13 October 2023

19 LONGRIDGE ROAD FREEHOLD MANAGEMENT
COMPANY LIMITED (REGISTERED NUMBER: 05618590)

Income Statement
For The Year Ended 25 December 2022

25.12.22 25.12.21
£    £   

TURNOVER - 250

Administrative expenses (1,119 ) (861 )
OPERATING DEFICIT (1,119 ) (611 )

Profit on part disposal of
freehold property - 13,553
(1,119 ) 12,942

Interest payable and similar expenses (23 ) -
(DEFICIT)/SURPLUS BEFORE
TAXATION

(1,142

)

12,942

Tax on (deficit)/surplus - (1,653 )
(DEFICIT)/SURPLUS FOR THE
FINANCIAL YEAR

(1,142

)

11,289

19 LONGRIDGE ROAD FREEHOLD MANAGEMENT
COMPANY LIMITED (REGISTERED NUMBER: 05618590)

Balance Sheet
25 December 2022

25.12.22 25.12.21
Notes £    £    £    £   
FIXED ASSETS
Investment property 4 100 100

CURRENT ASSETS
Debtors 5 84,286 42,582

CREDITORS
Amounts falling due within one year 6 71,160 28,314
NET CURRENT ASSETS 13,126 14,268
TOTAL ASSETS LESS CURRENT
LIABILITIES

13,226

14,368

CREDITORS
Amounts falling due after more than one
year

7

3,079

3,079
NET ASSETS 10,147 11,289

RESERVES
Income and expenditure account 10,147 11,289
10,147 11,289

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 25 December 2022.

The members have not required the company to obtain an audit of its financial statements for the year ended 25 December 2022 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 in accordance with the provisions applicable to companies subject to the small companies regime.

The financial statements were approved by the Board of Directors and authorised for issue on 13 October 2023 and were signed on its behalf by:





F Cacciabue - Director


19 LONGRIDGE ROAD FREEHOLD MANAGEMENT
COMPANY LIMITED (REGISTERED NUMBER: 05618590)

Notes to the Financial Statements
For The Year Ended 25 December 2022

1. STATUTORY INFORMATION

19 Longridge Road Freehold Management Company Limited 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.

Service Charge Balances
The company is trustee for the service charge of the RTM property and related expenditure is commissioned in its own (company) name. Accordingly, and whilst service charge income and expenditure have been excluded from the Profit and Loss Account, related assets and liabilities are recorded in the Balance Sheet with movement therein shown in notes to the financial statements.

Turnover
Turnover represents rental income received.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2021 - NIL).

4. INVESTMENT PROPERTY

The company owns the freehold reversionary interest of 19 Longridge Road, London SW5 subject to long leases granted to company members, which is stated at cost. In the opinion of the directors at 25th December 2022 there was no material difference between the book and fair value of the property.

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
25.12.22 25.12.21
£    £   
Lessee arrears 4,112 16,678
Funds held by managing agents 64,018 6,263
Other debtors 16,112 16,532
Service charge excess due/
company demands balance
refundable (Note 8) - 2,655
Prepayments and accrued income 44 454
84,286 42,582

19 LONGRIDGE ROAD FREEHOLD MANAGEMENT
COMPANY LIMITED (REGISTERED NUMBER: 05618590)

Notes to the Financial Statements - continued
For The Year Ended 25 December 2022

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
25.12.22 25.12.21
£    £   
Trade creditors 1,058 -
Corporation tax 1,676 1,653
Lessee account balances - 1,910
Service charge surplus/company
demands balance refundable
(Note 8) 44,452 -
Service charge reserve fund
(Note 9) 21,377 19,877
Other creditors 1,417 3,345
Accrued expenses 1,180 1,529
71,160 28,314

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
25.12.22 25.12.21
£    £   
Members' loans to fund
freehold purchase 3,079 3,079
3,079 3,079

19 LONGRIDGE ROAD FREEHOLD MANAGEMENT
COMPANY LIMITED (REGISTERED NUMBER: 05618590)

Notes to the Financial Statements - continued
For The Year Ended 25 December 2022

8. OTHER OPERATING INCOME

During the year the company received contributions from the lessees of 19 Longridge Road, London SW5 in respect of its administrative expenses and the management of the property. The movement of those funds during the year was as follows;
25.12.22 25.12.21
£ £ £
Service charge charged 13,445 13,690
Company expenses demands 608 572
Service charge excess charged/(surplus refunded) &
company demands surplus refunded 3,026 (3,110 )
17,079 11,152
Service charge expenditure 10,181 15,417

Legal fees recovered refundable to financing lessees (41,709 ) 0
(31,528 ) 15,417
48,607 (4,265 )

Transfer to reserve fund (1,500 ) (1,500 )

Funds due (from)/to lessees at 25th December 2021 (2,655 ) 3,110
Funds due to/(from) lessees at 25th December 2022 44,452 (2,655 )
Represented By:
Service charge surplus/(deficit) 43,473 (3,227 )
Company demands balance due to members 979 572
44,452 (2,655 )

9. SERVICE CHARGE RESERVE FUND



25.12.22

25.12.21
£ £
Balance at 26.12.21 19,877 18,377
Transfer to reserve from current year demands 1,500 1,500
Balance at 25.12.22 21,377 19,877

10. SHARE CAPITAL

The company is limited by guarantee and consequently has no share capital. The company has four members guaranteeing a sum not exceeding £1 each to the company's assets in the event of winding up.