Silverfin false false 30/06/2024 01/07/2023 30/06/2024 Ms C A Choa 10/07/2007 Mr J A S Henderson 25/06/2007 19 March 2025 The principal activity of the Company during the financial year was the ownership of the freehold reversion of, and administration of service charges as agents of the trust for the residents of, 30 Brunswick Gardens, London. 02513302 2024-06-30 02513302 bus:Director1 2024-06-30 02513302 bus:Director2 2024-06-30 02513302 2023-06-30 02513302 core:CurrentFinancialInstruments 2024-06-30 02513302 core:CurrentFinancialInstruments 2023-06-30 02513302 core:ShareCapital 2024-06-30 02513302 core:ShareCapital 2023-06-30 02513302 core:OtherCapitalReserve 2024-06-30 02513302 core:OtherCapitalReserve 2023-06-30 02513302 core:RetainedEarningsAccumulatedLosses 2024-06-30 02513302 core:RetainedEarningsAccumulatedLosses 2023-06-30 02513302 core:LandBuildings 2023-06-30 02513302 core:LandBuildings 2024-06-30 02513302 bus:OrdinaryShareClass1 2024-06-30 02513302 2023-07-01 2024-06-30 02513302 bus:FilletedAccounts 2023-07-01 2024-06-30 02513302 bus:SmallEntities 2023-07-01 2024-06-30 02513302 bus:AuditExemptWithAccountantsReport 2023-07-01 2024-06-30 02513302 bus:PrivateLimitedCompanyLtd 2023-07-01 2024-06-30 02513302 bus:Director1 2023-07-01 2024-06-30 02513302 bus:Director2 2023-07-01 2024-06-30 02513302 2022-07-01 2023-06-30 02513302 bus:OrdinaryShareClass1 2023-07-01 2024-06-30 02513302 bus:OrdinaryShareClass1 2022-07-01 2023-06-30 iso4217:GBP xbrli:pure xbrli:shares

Company No: 02513302 (England and Wales)

30 BRUNSWICK GARDENS MANAGEMENT COMPANY LIMITED

Unaudited Financial Statements
For the financial year ended 30 June 2024
Pages for filing with the registrar

30 BRUNSWICK GARDENS MANAGEMENT COMPANY LIMITED

Unaudited Financial Statements

For the financial year ended 30 June 2024

Contents

30 BRUNSWICK GARDENS MANAGEMENT COMPANY LIMITED

COMPANY INFORMATION

For the financial year ended 30 June 2024
30 BRUNSWICK GARDENS MANAGEMENT COMPANY LIMITED

COMPANY INFORMATION (continued)

For the financial year ended 30 June 2024
DIRECTORS Ms C A Choa
Mr J A S Henderson
SECRETARY Mr J A S Henderson
REGISTERED OFFICE 30
Brunswick Gardens
London.
W8 4AL
United Kingdom
COMPANY NUMBER 02513302 (England and Wales)
CHARTERED ACCOUNTANTS Francis Clark LLP
Hitchcock House
Hilltop Park
Devizes Road
Salisbury
Wiltshire SP3 4UF
30 BRUNSWICK GARDENS MANAGEMENT COMPANY LIMITED

BALANCE SHEET

As at 30 June 2024
30 BRUNSWICK GARDENS MANAGEMENT COMPANY LIMITED

BALANCE SHEET (continued)

As at 30 June 2024
Note 2024 2023
£ £
Fixed assets
Tangible assets 3 4,600 4,600
4,600 4,600
Current assets
Debtors 4 6 6
Cash at bank and in hand 3,936 15,028
3,942 15,034
Creditors: amounts falling due within one year 5 ( 3,936) ( 15,028)
Net current assets 6 6
Total assets less current liabilities 4,606 4,606
Net assets 4,606 4,606
Capital and reserves
Called-up share capital 6 6 6
Other reserves 6,000 6,000
Profit and loss account ( 1,400 ) ( 1,400 )
Total shareholders' funds 4,606 4,606

For the financial year ending 30 June 2024 the Company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

These financial statements have been prepared in accordance with the provisions of FRS 102 Section 1A – small entities. The financial statements of 30 Brunswick Gardens Management Company Limited (registered number: 02513302) were approved and authorised for issue by the Board of Directors on 19 March 2025. They were signed on its behalf by:

Mr J A S Henderson
Director
30 BRUNSWICK GARDENS MANAGEMENT COMPANY LIMITED

NOTES TO THE FINANCIAL STATEMENTS

For the financial year ended 30 June 2024
30 BRUNSWICK GARDENS MANAGEMENT COMPANY LIMITED

NOTES TO THE FINANCIAL STATEMENTS

For the financial year ended 30 June 2024
1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial year and to the preceding financial year, unless otherwise stated.

General information and basis of accounting

30 Brunswick Gardens Management Company Limited (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the Company's registered office is 30 Brunswick Gardens, London, W8 4AL, United Kingdom.

The financial statements have been prepared under the historical cost convention, modified to include the revaluation of freehold properties and to include investment properties and certain items at fair value, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.

The financial statements are presented in pounds sterling which is the functional currency of the company and rounded to the nearest £.

Going concern

The directors have assessed the Balance Sheet and likely future cash flows at the date of approving these financial statements. The directors have a reasonable expectation that the Company has adequate resources to continue in operational existence and to meet its financial obligations as they fall due for at least 12 months from the date of signing these financial statements. Accordingly, they continue to adopt the going concern basis in preparing the financial statements.

Turnover

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of value added tax, returns, rebates and discounts and after eliminating sales within the company.

The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

Tangible fixed assets

Tangible fixed assets are stated at cost or valuation, net of depreciation and any provision for impairment. Depreciation is provided on all tangible fixed assets, other than investment property and freehold land, at rates calculated to write off the cost or valuation, less estimated residual value, of each asset on a [straight-line, reducing balance] basis over its expected useful life, as follows:

Land and buildings not depreciated

Residual value represents the estimated amount which would currently be obtained from disposal of an asset, after deducting estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life.

Impairment of assets

Assets, other than those measured at fair value, are assessed for indicators of impairment at each Balance Sheet date. If there is objective evidence of impairment, an impairment loss is recognised in the Statement of Income and Retained Earnings as described below.

Financial instruments

Financial assets and financial liabilities are recognised when the Company becomes a party to the contractual provisions of the instrument.

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the Company after deducting all of its liabilities.

Financial assets and liabilities are only offset in the Balance Sheet when, and only when there exists a legally enforceable right to set off the recognised amounts and the Company intends either to settle on a net basis, or to realise the asset and settle the liability simultaneously.

Basic financial assets
Basic financial assets receivable within one year, such as trade debtors and bank balances, are measured at transaction price less any impairment.

Basic financial assets receivable within more than one year are measured at amortised cost less any impairment.

Basic financial liabilities
Basic financial liabilities that have no stated interest rate and are payable within one year, such as trade creditors, are measured at transaction price.

Other basic financial liabilities are measured at amortised cost.

Equity instruments
Equity instruments issued by the Company are recorded at the fair value of cash or other resources received or receivable, net of direct issue costs. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis. Dividends payable on equity instruments are recognised as liabilities once they are no longer at the discretion of the Company.

2. Employees

2024 2023
Number Number
Monthly average number of persons employed by the Company during the year, including directors 0 0

3. Tangible assets

Land and buildings Total
£ £
Cost
At 01 July 2023 4,600 4,600
At 30 June 2024 4,600 4,600
Accumulated depreciation
At 01 July 2023 0 0
At 30 June 2024 0 0
Net book value
At 30 June 2024 4,600 4,600
At 30 June 2023 4,600 4,600

4. Debtors

2024 2023
£ £
Other debtors 6 6

5. Creditors: amounts falling due within one year

2024 2023
£ £
Other creditors 3,936 15,028

6. Called-up share capital

2024 2023
£ £
Allotted, called-up and fully-paid
6 Ordinary shares of £ 1.00 each 6 6

7. Related party transactions

Summary of transactions with other related parties

Leaseholders of 30 Brunswick Gardens
Each of the 6 flat owners holds 1 ordinary £1 share in the company
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.
The debt is interest free and payable on demand.

Loan from related parties

2024 2023
£ £
At the start of period 15,028 18,377
Repaid (11,092) (3,349)
Advanced during the year 0 0
3,936 15,028