STREATLEIGH COURT MANAGEMENT LIMITED

Company Registration Number:
01809016 (England and Wales)

Unaudited statutory accounts for the year ended 30 September 2024

Period of accounts

Start date: 1 October 2023

End date: 30 September 2024

STREATLEIGH COURT MANAGEMENT LIMITED

Contents of the Financial Statements

for the Period Ended 30 September 2024

Directors report
Profit and loss
Balance sheet
Additional notes
Balance sheet notes

STREATLEIGH COURT MANAGEMENT LIMITED

Directors' report period ended 30 September 2024

The directors present their report with the financial statements of the company for the period ended 30 September 2024

Principal activities of the company

The principal activity of the company is the owning and managing of the flats known as Streatleigh Court.



Directors

The directors shown below have held office during the whole of the period from
1 October 2023 to 30 September 2024

H W Thomas
J Brooks
C O'Connell
T J M Sheldon


The above report has been prepared in accordance with the special provisions in part 15 of the Companies Act 2006

This report was approved by the board of directors on
24 June 2025

And signed on behalf of the board by:
Name: J Brooks
Status: Director

STREATLEIGH COURT MANAGEMENT LIMITED

Profit And Loss Account

for the Period Ended 30 September 2024

2024 2023


£

£
Turnover: 16,725 16,775
Cost of sales: 0 0
Gross profit(or loss): 16,725 16,775
Distribution costs: 0 0
Administrative expenses: ( 111,916 ) ( 1,965 )
Other operating income: 0 14,250
Operating profit(or loss): (95,191) 29,060
Interest receivable and similar income: 30 161
Interest payable and similar charges: 0 0
Profit(or loss) before tax: (95,161) 29,221
Tax: ( 2,820 ) ( 5,580 )
Profit(or loss) for the financial year: (97,981) 23,641

STREATLEIGH COURT MANAGEMENT LIMITED

Balance sheet

As at 30 September 2024

Notes 2024 2023


£

£
Called up share capital not paid: 0 0
Fixed assets
Intangible assets:   0 0
Tangible assets: 3 2,100 2,100
Investments:   0 0
Total fixed assets: 2,100 2,100
Current assets
Stocks:   0 0
Debtors: 4 841 111,218
Cash at bank and in hand: 17,863 2,459
Investments:   0 0
Total current assets: 18,704 113,677
Prepayments and accrued income: 0 0
Creditors: amounts falling due within one year: 5 ( 12,570 ) ( 9,562 )
Net current assets (liabilities): 6,134 104,115
Total assets less current liabilities: 8,234 106,215
Creditors: amounts falling due after more than one year:   0 0
Provision for liabilities: 0 0
Accruals and deferred income: 0 0
Total net assets (liabilities): 8,234 106,215
Capital and reserves
Called up share capital: 63 63
Share premium account: 0 0
Other reserves: 0 0
Profit and loss account: 8,171 106,152
Total Shareholders' funds: 8,234 106,215

The notes form part of these financial statements

STREATLEIGH COURT MANAGEMENT LIMITED

Balance sheet statements

For the year ending 30 September 2024 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

This report was approved by the board of directors on 24 June 2025
and signed on behalf of the board by:

Name: J Brooks
Status: Director

The notes form part of these financial statements

STREATLEIGH COURT MANAGEMENT LIMITED

Notes to the Financial Statements

for the Period Ended 30 September 2024

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

    Turnover policy

    Turnover is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover relates to aerial mast income receivable under contract and ground rents receivable under the terms of the leases issued on the freehold shops and flats.

    Tangible fixed assets depreciation policy

    The company’s tangible fixed assets comprise the freehold of 15 shops and 63 flats at Streatleigh Court, Streatham High Road and Leigham Court Road, London SW16 1EG. The shops and the flats are all let on long leases. The 1,000 year head lease, granted in 1984 is now in the name of Kingley Properties Limited, and whose demise includes shops nos 1 - 15 occupying the ground floor at Streatleigh Court, 51 of the 63 flats and the courtyard garages and parking spaces. The directors are of the opinion that FRS 102 and its requirements to depreciate tangible fixed assets does not apply in this instance. Under the terms of the leases granted on the 63 flats at Streatleigh Court, the company is responsible for managing and maintaining the flats in accordance with individual leases granted. To this end the company collects service charges from lessees to fund such costs as they arise. The service charges collected are therefore held in trust for the benefit of the contributors as required by the Landlord and Tenant Act 1987. As such transactions relating to service charge account activity are not reflected in these financial statements. Therefore the directors have taken advantage of the true and fair override disclosure in order that the financial statements show a True and Fair view. A charge for depreciation over a 50 year period would amount to an immaterial £50 per annum.

    Other accounting policies

    Basis of preparation of financial statements, Critical accounting estimates and areas of judgement, Going concern, Financial instruments, Debtors, Cash and cash equivalents, Creditors, and Taxation.

STREATLEIGH COURT MANAGEMENT LIMITED

Notes to the Financial Statements

for the Period Ended 30 September 2024

  • 2. Employees

    2024 2023
    Average number of employees during the period 4 4

STREATLEIGH COURT MANAGEMENT LIMITED

Notes to the Financial Statements

for the Period Ended 30 September 2024

3. Tangible assets

Land & buildings Plant & machinery Fixtures & fittings Office equipment Motor vehicles Total
Cost £ £ £ £ £ £
At 1 October 2023 2,100 0 0 0 0 2,100
Additions 0 0 0 0 0 0
Disposals 0 0 0 0 0 0
Revaluations 0 0 0 0 0 0
Transfers 0 0 0 0 0 0
At 30 September 2024 2,100 0 0 0 0 2,100
Depreciation
At 1 October 2023 0 0 0 0 0 0
Charge for year 0 0 0 0 0 0
On disposals 0 0 0 0 0 0
Other adjustments 0 0 0 0 0
At 30 September 2024 0 0 0 0 0 0
Net book value
At 30 September 2024 2,100 0 0 0 0 2,100
At 30 September 2023 2,100 0 0 0 0 2,100

STREATLEIGH COURT MANAGEMENT LIMITED

Notes to the Financial Statements

for the Period Ended 30 September 2024

4. Debtors

2024 2023
£ £
Trade debtors 0 0
Prepayments and accrued income 0 0
Other debtors 841 111,218
Total 841 111,218
Debtors due after more than one year: 0 0

STREATLEIGH COURT MANAGEMENT LIMITED

Notes to the Financial Statements

for the Period Ended 30 September 2024

5. Creditors: amounts falling due within one year note

2024 2023
£ £
Bank loans and overdrafts 0 0
Amounts due under finance leases and hire purchase contracts 0 0
Trade creditors 0 0
Taxation and social security 8,400 5,580
Accruals and deferred income 1,375 1,375
Other creditors 2,795 2,607
Total 12,570 9,562

STREATLEIGH COURT MANAGEMENT LIMITED

Notes to the Financial Statements

for the Period Ended 30 September 2024

6. Financial Commitments

There were no reportable financial commitments at the balance sheet date as regards operating leases and pensions.