| REGISTERED NUMBER: |
| FINANCIAL STATEMENTS |
| FOR THE YEAR ENDED 29TH SEPTEMBER 2024 |
| FOR |
| 2/3 OVINGTON GARDENS MANAGEMENT |
| COMPANY LIMITED |
| REGISTERED NUMBER: |
| 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: |
| SECRETARY: |
| REGISTERED OFFICE: |
| REGISTERED NUMBER: |
| ACCOUNTANTS: |
| 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 |
| CREDITORS |
| Amounts falling due within one year | 5 |
| NET CURRENT LIABILITIES | ( |
) | ( |
) |
| TOTAL ASSETS LESS CURRENT LIABILITIES |
( |
) |
( |
) |
| CAPITAL AND RESERVES |
| Called up share capital |
| Retained earnings | ( |
) | ( |
) |
| ( |
) | ( |
) |
| 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 were approved by the Board of Directors and authorised for issue on |
| 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 |
| 2. | ACCOUNTING POLICIES |
| Basis of preparing the financial statements |
| 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 |
| 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 |
| NET BOOK VALUE |
| At 29th September 2024 |
| At 29th September 2023 |
| 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. |