The company did not trade during either year, and has made neither a profit nor a loss.
The members are the residential owners of the managed property comprising 1 - 12 Penfold Manor, High Street, Haslemere, Surrey, GU27 2LT.
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.