| REGISTERED NUMBER: |
| Report of the Directors and |
| Unaudited Financial Statements for the Year Ended 28 February 2025 |
| for |
| The Naylands Management Company Limited |
| REGISTERED NUMBER: |
| Report of the Directors and |
| Unaudited Financial Statements for the Year Ended 28 February 2025 |
| for |
| The Naylands Management Company Limited |
| The Naylands Management Company Limited (Registered number: 04660638) |
| Contents of the Financial Statements |
| for the Year Ended 28 February 2025 |
| Page |
| Company Information | 1 |
| Report of the Directors | 2 |
| Income Statement | 3 |
| Balance Sheet | 4 |
| Notes to the Financial Statements | 5 |
| The Naylands Management Company Limited |
| Company Information |
| for the Year Ended 28 February 2025 |
| DIRECTORS: |
| SECRETARY: |
| REGISTERED OFFICE: |
| REGISTERED NUMBER: |
| ACCOUNTANTS: |
| 22 Grange Road |
| Ramsgate |
| Kent |
| CT11 9LR |
| The Naylands Management Company Limited (Registered number: 04660638) |
| Report of the Directors |
| for the Year Ended 28 February 2025 |
| The directors present their report with the financial statements of the company for the year ended 28 February 2025. |
| DIRECTORS |
| The directors set out in the table below have held office during the whole of the period from 1 March 2024 to the date of this report. |
| The beneficial interests of the directors holding office at 28 February 2025 in the shares of the company, according to the register of directors' interests, were as follows: |
| 28.2.25 | 1.3.24 |
| Ordinary shares of £1 each |
| 1 | 1 |
| 1 | 1 |
| 1 | 1 |
| 1 | 1 |
| These directors did not hold any non-beneficial interests in the shares of the company. |
| This report has been prepared in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies. |
| ON BEHALF OF THE BOARD: |
| The Naylands Management Company Limited (Registered number: 04660638) |
| Income Statement |
| for the Year Ended 28 February 2025 |
| 28.2.25 | 29.2.24 |
| £ | £ |
| TURNOVER |
| Administrative expenses |
| (2,204 | ) | (2,792 | ) |
| Other operating income |
| OPERATING PROFIT and |
| PROFIT BEFORE TAXATION |
| Tax on profit |
| PROFIT FOR THE FINANCIAL YEAR |
| The Naylands Management Company Limited (Registered number: 04660638) |
| Balance Sheet |
| 28 February 2025 |
| 28.2.25 | 29.2.24 |
| Notes | £ | £ | £ | £ |
| FIXED ASSETS |
| Tangible assets | 6 |
| CURRENT ASSETS |
| Debtors | 7 |
| Cash at bank and in hand |
| CREDITORS |
| Amounts falling due within one year | 8 |
| NET CURRENT ASSETS |
| TOTAL ASSETS LESS CURRENT LIABILITIES |
| CAPITAL AND RESERVES |
| Called up share capital |
| Other reserves |
| 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 |
| The Naylands Management Company Limited (Registered number: 04660638) |
| Notes to the Financial Statements |
| for the Year Ended 28 February 2025 |
| 1. | STATUTORY INFORMATION |
| The Naylands Management Company Limited is a |
| 2. | ACCOUNTING POLICIES |
| Basis of preparing the financial statements |
| 3. | EMPLOYEES AND DIRECTORS |
| The average number of employees during the year was NIL (2024 - NIL). |
| 4. | INCOME |
| It is noted that monies are collected from the respective flat owners as required to finance primarily both Property Insurances and Repairs involving all the flat owners. |
| It is a Property Management Company and as such is not liable for tax. |
| 5. | FUNDS AVAILABLE |
| The surplus of income over expenditure for the year leaves a balance of funds carried forward of £1,617. |
| 6. | TANGIBLE FIXED ASSETS |
| Freehold |
| property |
| £ |
| COST |
| At 1 March 2024 |
| and 28 February 2025 |
| NET BOOK VALUE |
| At 28 February 2025 |
| At 29 February 2024 |
| 7. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 28.2.25 | 29.2.24 |
| £ | £ |
| Prepayments |
| 8. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 28.2.25 | 29.2.24 |
| £ | £ |
| Funds owed by / to Flat Owners |
| Sundry Creditors | 13 | - |
| Accrued expenses |