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REGISTERED NUMBER: 01772493 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 December 2024

for

INGLEWOOD MANAGEMENT COMPANY LIMITED

INGLEWOOD MANAGEMENT COMPANY LIMITED (Registered number: 01772493)






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




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


INGLEWOOD MANAGEMENT COMPANY LIMITED

Company Information
for the Year Ended 31 December 2024







DIRECTORS: Mx G Yeoman
Mrs C Fairhurst





SECRETARY: Stuarts Ltd





REGISTERED OFFICE: 7 Ambassador Place
Stockport Road
Altrincham
WA15 8DB





REGISTERED NUMBER: 01772493 (England and Wales)





ACCOUNTANTS: HAMPSON AND COMPANY
35 Hall Pool Drive
St Johns Wood
Offerton
Stockport
Cheshire
SK2 5ED

INGLEWOOD MANAGEMENT COMPANY LIMITED (Registered number: 01772493)

Balance Sheet
31 December 2024

31.12.24 31.12.23
Notes £    £   
CURRENT ASSETS
Debtors 4 12,185 11,519
Cash at bank 50,793 45,756
62,978 57,275
CREDITORS
Amounts falling due within one year 5 36,381 17,426
NET CURRENT ASSETS 26,597 39,849
TOTAL ASSETS LESS CURRENT
LIABILITIES

26,597

39,849

CAPITAL AND RESERVES
Called up share capital 23 23
Sinking fund 6 - 39,826
Retained earnings 6 26,574 -
SHAREHOLDERS' FUNDS 26,597 39,849

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 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 15 April 2025 and were signed on its behalf by:




Mx G Yeoman - Director



Mrs C Fairhurst - Director


INGLEWOOD MANAGEMENT COMPANY LIMITED (Registered number: 01772493)

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

1. STATUTORY INFORMATION

INGLEWOOD 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.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2023 - 2 ) .

4. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.24 31.12.23
£    £   
Trade debtors 11,120 10,493
Prepayments 1,065 1,026
12,185 11,519

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.24 31.12.23
£    £   
Trade creditors 21,955 3,174
Taxation 142 -
Service charge in advance 13,200 13,200
Accrued expenses 1,084 1,052
36,381 17,426

6. RESERVES
Retained Sinking
earnings fund Totals
£    £    £   

At 1 January 2024 - 39,826 39,826
Profit for the year 26,574 26,574
Transfer profit and loss - (39,826 ) (39,826 )
At 31 December 2024 26,574 - 26,574

INGLEWOOD MANAGEMENT COMPANY LIMITED (Registered number: 01772493)

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

7. RELATED PARTY DISCLOSURES

The income of the company arises from service charges made to the 22 leaseholders of flats at Inglewood, St Margaret's Road, Altrincham, Cheshire in order to cover the costs of the maintenance and upkeep of the common areas of those premises. In that regard cash held in the company's name is in fact held in trust for the leaseholders.