| REGISTERED NUMBER: |
| UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2024 |
| FOR |
| 55 CAMDEN SQUARE MANAGEMENT COMPANY |
| LIMITED |
| REGISTERED NUMBER: |
| UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2024 |
| FOR |
| 55 CAMDEN SQUARE MANAGEMENT COMPANY |
| LIMITED |
| 55 CAMDEN SQUARE MANAGEMENT COMPANY |
| LIMITED (REGISTERED NUMBER: 02529676) |
| CONTENTS OF THE FINANCIAL STATEMENTS |
| FOR THE YEAR ENDED 31 AUGUST 2024 |
| Page |
| Company Information | 1 |
| Balance Sheet | 2 |
| Notes to the Financial Statements | 3 |
| 55 CAMDEN SQUARE MANAGEMENT COMPANY |
| LIMITED |
| COMPANY INFORMATION |
| FOR THE YEAR ENDED 31 AUGUST 2024 |
| DIRECTORS: |
| REGISTERED OFFICE: |
| REGISTERED NUMBER: |
| ACCOUNTANTS: |
| Gwynfa House |
| 677 Princes Road |
| Dartford |
| Kent |
| DA2 6EF |
| 55 CAMDEN SQUARE MANAGEMENT COMPANY |
| LIMITED (REGISTERED NUMBER: 02529676) |
| BALANCE SHEET |
| 31 AUGUST 2024 |
| 2024 | 2023 |
| Notes | £ | £ |
| CURRENT ASSETS |
| Debtors | 5 |
| CREDITORS |
| Amounts falling due within one year | 6 |
| NET CURRENT ASSETS |
| TOTAL ASSETS LESS CURRENT LIABILITIES |
| CAPITAL AND RESERVES |
| Called up share capital |
| Retained earnings |
| SHAREHOLDERS' FUNDS |
| 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 |
| 55 CAMDEN SQUARE MANAGEMENT COMPANY |
| LIMITED (REGISTERED NUMBER: 02529676) |
| NOTES TO THE FINANCIAL STATEMENTS |
| FOR THE YEAR ENDED 31 AUGUST 2024 |
| 1. | STATUTORY INFORMATION |
| 55 Camden Square Management Company Limited is a |
| 2. | ACCOUNTING POLICIES |
| Basis of preparing the financial statements |
| The accounts are prepared in accordance with TECH 01/10 guidance issued jointly by the ICAEW, the Association of Residential Managing Agents and the Royal Institute of Chartered Surveyors. |
| The accounts are prepared on a going concern basis, notwithstanding the deficiency of net assets, on the grounds that the deficit is covered by a surplus on the service charge account which will settle the company's obligations as they arise. |
| Tangible fixed assets |
| Freehold property | - |
| 3. | EMPLOYEES AND DIRECTORS |
| The average number of employees during the year was NIL (2023 - NIL). |
| 4. | TANGIBLE FIXED ASSETS |
| Freehold |
| property |
| £ |
| COST |
| At 1 September 2023 |
| and 31 August 2024 |
| DEPRECIATION |
| At 1 September 2023 |
| and 31 August 2024 |
| NET BOOK VALUE |
| At 31 August 2024 |
| At 31 August 2023 |
| During the year ended 31 August 2010, the tenants' leases were extended to a length of 999 years. As a result, the directors consider the company's freehold interest to have no value and have written down the cost accordingly. |
| 55 CAMDEN SQUARE MANAGEMENT COMPANY |
| LIMITED (REGISTERED NUMBER: 02529676) |
| NOTES TO THE FINANCIAL STATEMENTS - continued |
| FOR THE YEAR ENDED 31 AUGUST 2024 |
| 5. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 2024 | 2023 |
| £ | £ |
| Other debtors |
| 6. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 2024 | 2023 |
| £ | £ |
| Other creditors |