Company registration number 01024856 (England and Wales)
LAMMAS COURT, WINDSOR(MANAGEMENT) LIMITED
ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025
LAMMAS COURT, WINDSOR(MANAGEMENT) LIMITED
COMPANY INFORMATION
Directors
K A Bean
R R Bertie
E M O'Reilly
(Appointed 1 January 2025)
A Razorionov
Company number
01024856
Registered office
5 Lammas Court
Windsor
Berkshire
SL4 3ED
Accountants
Peter Upton
Business address
Bridge House
2 Bridge Avenue
Maidenhead
Berkshire
SL6 1RR
LAMMAS COURT, WINDSOR(MANAGEMENT) LIMITED
CONTENTS
Page
Profit and loss account
3
LAMMAS COURT, WINDSOR(MANAGEMENT) LIMITED
DIRECTORS' REPORT
FOR THE YEAR ENDED 31 MARCH 2025
- 1 -
The directors present their annual report and financial statements for the year ended 31 March 2025.
Principal activities
The principal activity of the company continued to be that of Residents property management.
Directors
The directors who held office during the year and up to the date of signature of the financial statements were as follows:
K A Bean
R R Bertie
E M O'Reilly
(Appointed 1 January 2025)
A Razorionov
A W Waneis
(Resigned 31 December 2024)
19 July 2025
LAMMAS COURT, WINDSOR(MANAGEMENT) LIMITED
ACCOUNTANTS' REPORT TO THE BOARD OF DIRECTORS ON THE PREPARATION OF THE UNAUDITED STATUTORY FINANCIAL STATEMENTS OF LAMMAS COURT, WINDSOR(MANAGEMENT) LIMITED FOR THE YEAR ENDED 31 MARCH 2025
- 2 -
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of LAMMAS COURT, WINDSOR(MANAGEMENT) LIMITED for the year ended 31 March 2025 which comprise the Income Statement, Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given us.
This report is made solely to the directors of LAMMAS COURT, WINDSOR(MANAGEMENT) LIMITED in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of LAMMAS COURT, WINDSOR(MANAGEMENT) LIMITED and state those matters that we have agreed to state to the directors of LAMMAS COURT, WINDSOR(MANAGEMENT) LIMITED in this report. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than LAMMAS COURT, WINDSOR(MANAGEMENT) LIMITED and its directors for our work or for this report.
It is your duty to ensure that LAMMAS COURT, WINDSOR(MANAGEMENT) LIMITED has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of LAMMAS COURT, WINDSOR(MANAGEMENT) LIMITED. You consider that LAMMAS COURT, WINDSOR(MANAGEMENT) LIMITED is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the financial statements of LAMMAS COURT, WINDSOR(MANAGEMENT) LIMITED. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.
Accountants
Peter Upton
Bridge House
2 Bridge Avenue
Maidenhead
Berkshire
SL6 1RR
19 July 2025
LAMMAS COURT, WINDSOR(MANAGEMENT) LIMITED
PROFIT AND LOSS ACCOUNT
FOR THE YEAR ENDED 31 MARCH 2025
- 3 -
2025
2024
£
£
Turnover
22,561
22,764
Cost of sales
(27,935)
(16,324)
Gross (loss)/profit
(5,374)
6,440
Administrative expenses
(7,641)
(7,567)
Other operating income
16,589
14,404
Operating profit
3,574
13,277
Interest receivable and similar income
3,039
1,911
Profit before taxation
6,613
15,188
Tax on profit
(2,786)
(3,012)
Profit for the financial year
3,827
12,176
The profit and loss account has been prepared on the basis that all operations are continuing operations.
LAMMAS COURT, WINDSOR(MANAGEMENT) LIMITED
BALANCE SHEET
AS AT
31 MARCH 2025
31 March 2025
- 4 -
2025
2024
Notes
£
£
£
£
Fixed assets
Tangible assets
3
11,019
11,026
Current assets
Debtors
4
4,756
4,681
Cash at bank and in hand
92,413
89,945
97,169
94,626
Creditors: amounts falling due within one year
5
(23,860)
(25,151)
Net current assets
73,309
69,475
Net assets
84,328
80,501
Capital and reserves
Called up share capital
42
42
Profit and loss reserves
84,286
80,459
Total equity
84,328
80,501
For the financial year ended 31 March 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.
The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.
These financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.
The financial statements were approved by the board of directors and authorised for issue on 19 July 2025 and are signed on its behalf by:
K A Bean
Director
Company registration number 01024856 (England and Wales)
LAMMAS COURT, WINDSOR(MANAGEMENT) LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025
- 5 -
1
Accounting policies
Company information
LAMMAS COURT, WINDSOR(MANAGEMENT) LIMITED is a private company limited by shares incorporated
in England and Wales. The registered office is 5 Lammas Court, Windsor, England, SL4 3ED.
1.1
Accounting convention
These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.
The financial statements are prepared in sterling, which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £.
The financial statements have been prepared under the historical cost convention, [modified to include the revaluation of freehold properties and to include investment properties and certain financial instruments at fair value]. The principal accounting policies adopted are set out below.
1.2
Turnover
Turnover is recognised at the fair value of the consideration received or receivable for goods and services
provided in the normal course of business, and is shown net of VAT and other sales related taxes. The fair
value of consideration takes into account trade discounts, settlement discounts and volume rebates.
When cash inflows are deferred and represent a financing arrangement, the fair value of the consideration is
the present value of the future receipts. The difference between the fair value of the consideration and the
nominal amount received is recognised as interest income.
Revenue from contracts for the provision of professional services is recognised by reference to the stage of completion when the stage of completion, costs incurred and costs to complete can be estimated reliably. The stage of completion is calculated by comparing costs incurred, mainly in relation to contractual hourly staff rates and materials, as a proportion of total costs. Where the outcome cannot be estimated reliably, revenue is recognised only to the extent of the expenses recognised that are recoverable.
1.3
Tangible fixed assets
Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses.
Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases:
Freehold land and buildings
20% on cost
Fixtures and fittings
25% RB
The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to profit or loss.
1.4
Cash and cash equivalents
Cash and cash equivalents are basic financial assets and include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.
1.5
Taxation
The tax expense represents the sum of the tax currently payable and deferred tax.
LAMMAS COURT, WINDSOR(MANAGEMENT) LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
1
Accounting policies
(Continued)
- 6 -
Current tax
The tax currently payable is based on taxable profit for the year. Taxable profit differs from net profit as reported in the profit and loss account because it excludes items of income or expense that are taxable or deductible in other years and it further excludes items that are never taxable or deductible. The company’s liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the reporting end date.
1.6
Employee benefits
The costs of short-term employee benefits are recognised as a liability and an expense, unless those costs are required to be recognised as part of the cost of stock or fixed assets.
The cost of any unused holiday entitlement is recognised in the period in which the employee’s services are received.
Termination benefits are recognised immediately as an expense when the company is demonstrably committed to terminate the employment of an employee or to provide termination benefits.
2
Employees
The average monthly number of persons (including directors) employed by the company during the year was:
2025
2024
Number
Number
Total
4
4
3
Tangible fixed assets
Land and buildings
Plant and machinery etc
Total
£
£
£
Cost
At 1 April 2024 and 31 March 2025
21,000
1,772
22,772
Depreciation and impairment
At 1 April 2024
10,000
1,746
11,746
Depreciation charged in the year
7
7
At 31 March 2025
10,000
1,753
11,753
Carrying amount
At 31 March 2025
11,000
19
11,019
At 31 March 2024
11,000
26
11,026
LAMMAS COURT, WINDSOR(MANAGEMENT) LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
- 7 -
4
Debtors
2025
2024
Amounts falling due within one year:
£
£
Trade debtors
1
Other debtors
4,756
4,681
4,757
4,681
5
Creditors: amounts falling due within one year
2025
2024
£
£
Corporation tax
2,786
3,012
Other creditors
21,074
22,139
23,860
25,151