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REGISTERED NUMBER: 02356180 (England and Wales)














LEA BRIDGE ROAD BLOCK B
MANAGEMENT COMPANY LIMITED
(A COMPANY LIMITED BY GUARANTEE AND NOT
HAVING A SHARE CAPITAL)

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31ST MARCH 2024






LEA BRIDGE ROAD BLOCK B
MANAGEMENT COMPANY LIMITED (REGISTERED NUMBER: 02356180)
(A COMPANY LIMITED BY GUARANTEE AND NOT
HAVING A SHARE CAPITAL)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST MARCH 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


LEA BRIDGE ROAD BLOCK B
MANAGEMENT COMPANY LIMITED
(A COMPANY LIMITED BY GUARANTEE AND NOT
HAVING A SHARE CAPITAL)

COMPANY INFORMATION
FOR THE YEAR ENDED 31ST MARCH 2024







DIRECTORS: D.I. Reese
P.J. Roy
B.A. Millan
S.G. Routledge



SECRETARY: Maison Residential Limited



REGISTERED OFFICE: 22 Courtland Avenue,
North Chingford,
London,
E4 6DU



REGISTERED NUMBER: 02356180 (England and Wales)



ACCOUNTANTS: Cobbin Floyd Ltd
t/a Findlay Wetherfield Scott & Co.,
Chartered Accountants
137, Station Road,
Chingford,
London
E4 6AG



BANKERS: Bank of Scotland plc.,
PO Box 1000,
BX2 1LB



MANAGING AGENTS: Maison Residential Limited,
22 Courtland Avenue,
North Chingford,
London,
E4 6DU

LEA BRIDGE ROAD BLOCK B
MANAGEMENT COMPANY LIMITED (REGISTERED NUMBER: 02356180)
(A COMPANY LIMITED BY GUARANTEE AND NOT
HAVING A SHARE CAPITAL)

BALANCE SHEET
31ST MARCH 2024

2024 2023
Notes £    £   
CURRENT ASSETS
Debtors 4 7,097 6,857
Cash at bank 15,302 17,495
22,399 24,352
CREDITORS
Amounts falling due within one year 5 16,099 18,052
NET CURRENT ASSETS 6,300 6,300
TOTAL ASSETS LESS CURRENT
LIABILITIES

6,300

6,300

RESERVES
Members deposits 6 6,300 6,300
6,300 6,300

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st March 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st March 2024 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 31st October 2024 and were signed on its behalf by:





D.I. Reese - Director


LEA BRIDGE ROAD BLOCK B
MANAGEMENT COMPANY LIMITED (REGISTERED NUMBER: 02356180)
(A COMPANY LIMITED BY GUARANTEE AND NOT
HAVING A SHARE CAPITAL)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST MARCH 2024

1. STATUTORY INFORMATION

Lea Bridge Road Block B 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.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2023 - NIL).

4. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Owed by lessees for
service charges levied 7,097 6,857
7,097 6,857

LEA BRIDGE ROAD BLOCK B
MANAGEMENT COMPANY LIMITED (REGISTERED NUMBER: 02356180)
(A COMPANY LIMITED BY GUARANTEE AND NOT
HAVING A SHARE CAPITAL)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31ST MARCH 2024

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Other creditors 405 1,731
Excess received from lessees
for service charges levied 340 340
Held by company
in Trust for lessees 5,013 10,311
Accrued expenses 10,341 5,670
16,099 18,052

6. RESERVES
Members
deposits
£   
At 1st April 2023
and 31st March 2024 6,300

The capital of the company consists of a deposit of £300 received from each member of the company, being the lessees of Flats 31 to 51 Liden Close, Walthamstow, London, E17.

7. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

Each director is also a lessee of the property and service charges etc. were levied on normal commercial terms. The service charges etc. due by each director whilst serving as a director and the balances due to, or from, each director as at the balance sheet date are as shown below.

20242023
££

S.G. RoutledgeServices charges, etc.3,9203,920
Balance due from (to) the director00

D.I. Reese Services charges, etc.3,9203,920
Balance due from (to) the director2544

P.J. RoyServices charges, etc.3,3603,360
Balance due from (to) the director6,4206,360

B.A. MillanServices charges, etc.1,6801,680
Balance due from (to) the director00

Service charges and supplementary service charges shown above only relate to the period each individual was a director. None of these transactions are with the company directly but they are with the company acting as agent on behalf of the lessees.

LEA BRIDGE ROAD BLOCK B
MANAGEMENT COMPANY LIMITED (REGISTERED NUMBER: 02356180)
(A COMPANY LIMITED BY GUARANTEE AND NOT
HAVING A SHARE CAPITAL)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31ST MARCH 2024

8. RELATED PARTY DISCLOSURES

There is no overall controlling party. Each lessee is a member of the company, whose liability to the company is shown in note 9.

During the year the company received invoices, relating to managing agents fees and other services, from Maison Residential Limited, a company owned by D.A. Reese, amounting to £4,896 (previous year - £4,896). All these services were acquired on a normal commercial basis. Amounts outstanding and due to the supplier as at the balance sheet date were £3,979 (previous year - £4,103).

9. SHARE CAPITAL

The company is limited by guarantee and does not have a share capital. In the event of the company being wound up, the liability of any current member, or member who ceased within the last year, is limited to £1.