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REGISTERED NUMBER: 02523877 (England and Wales)













FINANCIAL STATEMENTS

FOR THE YEAR ENDED 29TH SEPTEMBER 2024

FOR

2/3 OVINGTON GARDENS MANAGEMENT
COMPANY LIMITED

2/3 OVINGTON GARDENS MANAGEMENT
COMPANY LIMITED (REGISTERED NUMBER: 02523877)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 29TH SEPTEMBER 2024










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


2/3 OVINGTON GARDENS MANAGEMENT
COMPANY LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 29TH SEPTEMBER 2024







DIRECTORS: F A J Cassis
A J Macnicol
S J Richmond-Watson





SECRETARY: Hertford Company Secretaries Limited





REGISTERED OFFICE: RMG House
Essex Road
Hoddesdon
Hertfordshire
EN11 0DR





REGISTERED NUMBER: 02523877 (England and Wales)





ACCOUNTANTS: Sproull & Co.
Chartered Accountants
First Floor, Jebsen House
53-61 High Street
Ruislip
Middlesex
HA4 7BD

2/3 OVINGTON GARDENS MANAGEMENT
COMPANY LIMITED (REGISTERED NUMBER: 02523877)

BALANCE SHEET
29TH SEPTEMBER 2024

2024 2023
Notes £    £    £   
FIXED ASSETS
Tangible assets 4 23,157 23,157

CREDITORS
Amounts falling due within one year 5 26,942 26,942
NET CURRENT LIABILITIES (26,942 ) (26,942 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

(3,785

)

(3,785

)

CAPITAL AND RESERVES
Called up share capital 12 12
Retained earnings (3,797 ) (3,797 )
(3,785 ) (3,785 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 29th September 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 29th September 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 Profit and Loss Account has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 3rd March 2025 and were signed on its behalf by:




S J Richmond-Watson - Director


2/3 OVINGTON GARDENS MANAGEMENT
COMPANY LIMITED (REGISTERED NUMBER: 02523877)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 29TH SEPTEMBER 2024


1. STATUTORY INFORMATION

2/3 Ovington Gardens 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.

Tangible fixed assets
Land and buildings are shown at cost less any accumulated depreciation and any accumulated impairment losses.

Land and buildings are depreciated over their estimated useful economic life after taking the residual value of the assets into consideration. The directors consider the residual value of the company's land and buildings to be in excess of the original cost and consequently no depreciation is provided.

The residual value of the company's assets and whether the value has been impaired are considered by the directors on an annual basis.

Service charge accountants
The company had no income or expenditure in its own right as all transactions related to the maintenance of common parts of leasehold properties in accordance with the lease, with the service charges collected being held on trust for the purpose of section 42 of the Landlord and Tenant Act 1987.

These transactions are not reflected in the financial statements of the company but are shown seperately within service charge accounts presented to lessees. Accordingly, the company is a non-trading company.

Directors support
The company meets its day to day working capital requirements through the support of its directors. The directors have confirmed that this support will continue to be made available for the foreseeable future.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2023 - 4 ) .

2/3 OVINGTON GARDENS MANAGEMENT
COMPANY LIMITED (REGISTERED NUMBER: 02523877)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 29TH SEPTEMBER 2024


4. TANGIBLE FIXED ASSETS
Land and
buildings
£   
COST
At 30th September 2023
and 29th September 2024 23,157
NET BOOK VALUE
At 29th September 2024 23,157
At 29th September 2023 23,157

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Unsecured loans 26,942 26,942

Unsecured loans made by the shareholders or participators to acquire the freehold are not repayable until the freehold is sold. The unsecured loans are interest free.