The company did not trade during either year; has made neither a profit nor a loss.
The members are the residential owners of the managed property comprising Flats 1 - 4, 22 Queens Road, Alton, Hampshire, GU34 1HX.
Service charges collected are held on trust for the purpose of meeting the relevant costs in relation to the property in accordance with the provisions of section 42 of the Landlord and Tenant Act 1987; accordingly separate service charge accounts are prepared.