| BLENHEIM-MARLBOROUGH MANAGEMENT LIMITED |
| Registered number: |
01583520 |
| Balance Sheet |
| as at 28 September 2024 |
|
| Notes |
|
|
2024 |
|
|
2023 |
| £ |
£ |
|
| Current assets |
| Debtors |
5 |
|
8,914 |
|
|
11,083 |
| Cash at bank and in hand |
|
|
295,852 |
|
|
266,660 |
|
|
|
304,766 |
|
|
277,743 |
|
| Creditors: amounts falling due within one year |
6 |
|
(12,499) |
|
|
(11,548) |
|
| Net current assets |
|
|
|
292,267 |
|
|
266,195 |
|
| Total assets less current liabilities |
|
|
|
292,267 |
|
|
266,195 |
|
|
| Provisions for liabilities |
7 |
|
|
(292,265) |
|
|
(266,193) |
|
| Net assets |
|
|
|
2 |
|
|
2 |
|
|
|
|
|
|
|
|
| Capital and reserves |
| Called up share capital |
8 |
|
|
2 |
|
|
2 |
|
| Shareholder's funds |
|
|
|
2 |
|
|
2 |
|
|
|
|
|
|
|
|
| The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006. |
| The member has not required the company to obtain an audit in accordance with section 476 of the Act. |
| The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts. |
| The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies. |
|
|
|
|
| Mr Djan Djemali |
| Director |
| Approved by the board on 23 May 2025 |
|
| BLENHEIM-MARLBOROUGH MANAGEMENT LIMITED |
| Notes to the Accounts |
| for the year ended 28 September 2024 |
|
|
| 1 |
Accounting policies |
|
|
Basis of preparation |
|
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard). |
|
|
Debtors |
|
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts. |
|
|
Creditors |
|
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method. |
|
|
| 2 |
Activities |
|
|
The company acts as a management trustee for a block of flats. All expenses incurred by the company were in connection with the management of the flats and administration of the company. These expenses are recoverable from the lessees by way of service charge and consequently there is no profit and loss account. The day to day management of the flats have been delegated to a firm of managing agents.
The receipt of the service charges and the payment of expenses have been dealt with through the bank accounts operated in the name of the managing agents as trustees of the company.
The balance sheet, therefore, reflects the amounts due from/to the lessees, service charge expenses payable, funds held in the bank accounts operated in the managing agents and the reserve for maintenance. |
|
|
| 3 |
Provisions for liabilities and charges - Reserves Fund |
|
|
Under the provisions of the lease agreement between the landlord and lessees, a reserve for maintenance has been created. Any interest arising on the reserve fund is credited to the reserves. Any major non-recurring property maintenance expenditure is charged to the reserve fund. |
|
| 4 |
Employees |
2024 |
|
2023 |
| Number |
Number |
|
|
Average number of persons employed by the company |
- |
|
- |
|
|
|
|
|
|
|
|
|
|
| 5 |
Debtors |
2024 |
|
2023 |
| £ |
£ |
|
|
Trade debtors |
4,337 |
|
10,905 |
|
Other debtors |
4,577 |
|
178 |
|
|
|
|
|
|
8,914 |
|
11,083 |
|
|
|
|
|
|
|
|
|
|
| 6 |
Creditors: amounts falling due within one year |
2024 |
|
2023 |
| £ |
£ |
|
|
Trade creditors |
2,038 |
|
6,886 |
|
Other creditors |
10,461 |
|
4,662 |
|
|
|
|
|
|
12,499 |
|
11,548 |
|
|
|
|
|
|
|
|
|
|
| 7 |
Provisions for liabilities and charges |
2024 |
|
2023 |
| £ |
£ |
|
|
Balance as at 29 September 2023 |
266,193 |
|
231,407 |
|
Service charge surplus transferred to Reserve |
6,885 |
|
(1,202) |
|
Amount set aside as per estimate for the year, recoverable from lessees under the provisions of the lease |
|
15,000 |
|
35,000 |
|
|
Interest Receivable |
4,187 |
|
988 |
|
|
At 28 September 2024 |
292,265 |
|
266,193 |
|
|
|
|
|
|
|
|
|
|
| 8 |
Share capital |
Nominal |
|
2024 |
|
2024 |
|
2023 |
| value |
Number |
£ |
£ |
|
Allotted, called up and fully paid: |
|
Ordinary shares |
£1 each |
|
2 |
|
2 |
|
2 |
|
|
| 9 |
Related party transactions |
|
|
There were no related party transaction during the year. |
|
|
| 10 |
Controlling party |
|
|
In the opinion of the director, the holding company is Lotus International Property S.A, a company incorporated in the British Virgin Islands. |
|
|
| 11 |
Other information |
|
|
BLENHEIM-MARLBOROUGH MANAGEMENT LIMITED is a private company limited by shares and incorporated in England. Its registered office is: |
|
1 Montpelier Street |
|
London |
|
SW7 1EX |