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REGISTERED NUMBER: 07601331 (England and Wales)













Report of the Directors and

Financial Statements

for the Year Ended 31 December 2024

for

Wyckham House (Oxted) Management
Company Limited

Wyckham House (Oxted) Management
Company Limited (Registered number: 07601331)






Contents of the Financial Statements
for the Year Ended 31 December 2024




Page

Company Information 1

Report of the Directors 2

Income Statement 3

Balance Sheet 4

Notes to the Financial Statements 5


Wyckham House (Oxted) Management
Company Limited

Company Information
for the Year Ended 31 December 2024







DIRECTORS: P A Smith
M V Barnett
S Murden
S D Innes





REGISTERED OFFICE: 4 Wyckham House
2 Station Approach
Oxted
Surrey
RH8 9EW





REGISTERED NUMBER: 07601331 (England and Wales)





ACCOUNTANTS: Strutt & Parker
Coval Hall
Rainsford Road
Chelmsford
Essex
CM1 2QF

Wyckham House (Oxted) Management
Company Limited (Registered number: 07601331)

Report of the Directors
for the Year Ended 31 December 2024

The directors present their report with the financial statements of the company for the year ended 31 December 2024.

PRINCIPAL ACTIVITY
The principal activity of the company in the year under review was that of to manage and maintain the estate known as "Wyckham House" comprising of 14 flats, parking spaces and curtilage thereof situated at 2 Station Approach, Oxted, RH8 9EW.

DIRECTORS
The directors shown below have held office during the whole of the period from 1 January 2024 to the date of this report.

P A Smith
M V Barnett
S Murden

Other changes in directors holding office are as follows:

S D Innes - appointed 3 December 2024

AUDITORS
No Auditors have been appointed, since the Company has taken advantage of the exemption which allows it, as a small company, to dispense with an audit and will continue to do so, unless 10% of the members give notice requesting one, not later than one month before the relevant year end.

FIXED ASSETS
The Company owns no fixed assets at the present time.

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:





S Murden - Director


27 February 2025

Wyckham House (Oxted) Management
Company Limited (Registered number: 07601331)

Income Statement
for the Year Ended 31 December 2024

2024 2023
Notes £    £   

TURNOVER 22,400 19,000

Administrative expenses (25,309 ) (25,609 )
(2,909 ) (6,609 )

Other operating income 1,774 3,511
OPERATING LOSS and
LOSS BEFORE TAXATION (1,135 ) (3,098 )

Tax on loss 4 - -
LOSS FOR THE FINANCIAL YEAR (1,135 ) (3,098 )

Wyckham House (Oxted) Management
Company Limited (Registered number: 07601331)

Balance Sheet
31 December 2024

2024 2023
Notes £    £   
CURRENT ASSETS
Prepayments and accrued income 7,568 7,468
Cash at bank and in hand 21,615 23,726
29,183 31,194
CREDITORS
Amounts falling due within one year 5 9,043 9,919
NET CURRENT ASSETS 20,140 21,275
TOTAL ASSETS LESS CURRENT
LIABILITIES

20,140

21,275

CAPITAL AND RESERVES
Called up share capital 6 1,400 1,400
Retained earnings 7 18,740 19,875
SHAREHOLDERS' FUNDS 20,140 21,275

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 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 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 27 February 2025 and were signed on its behalf by:





S Murden - Director


Wyckham House (Oxted) Management
Company Limited (Registered number: 07601331)

Notes to the Financial Statements
for the Year Ended 31 December 2024

1. STATUTORY INFORMATION

Wyckham House (Oxted) 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.

The accounts have been prepared on the accruals basis.

Turnover
Turnover represents net invoiced service charge contributions from occupiers, excluding value added tax.

3. EMPLOYEES AND DIRECTORS

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

4. TAXATION

Service charge monies are held on trust in accordance with section 42, Landlord and Tenant Act 1987.
Interest earned on service charge monies held on deposit is paid gross.

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Contributions in Advance 5,500 7,200
Accrued Expenses 3,543 2,719
9,043 9,919

6. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £    £   
14 Ordinary £100 1,400 1,400

Wyckham House (Oxted) Management
Company Limited (Registered number: 07601331)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2024

7. RESERVES
Retained
earnings
£   

At 1 January 2024 19,875
Deficit for the year (1,135 )
At 31 December 2024 18,740

A general reserve has been established to provide funds in order to pay for major repairs which are expected to arise in the future.

Any shortfall in these funds resulting from expenditure incurred will be charged to the Income and Expenditure Account in that year.