Registered number
03350078
First Lambolle Management Limited
Unaudited Filleted Accounts
31 March 2025
First Lambolle Management Limited
Registered number: 03350078
Balance Sheet
as at 31 March 2025
Notes 2025 2024
£ £
Fixed assets
Tangible assets 3 4,700 4,700
Current assets
Cash at bank and in hand 3,823 3,365
Creditors: amounts falling due within one year 4 (3,818) (3,360)
Net current assets 5 5
Net assets 4,705 4,705
Capital and reserves
Called up share capital 5 5
Share premium 4,700 4,700
Shareholders' funds 4,705 4,705
The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their 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.
B McKenzie C McKenzie
Director Director
Approved by the board on 28 April 2025
First Lambolle Management Limited
Notes to the Accounts
for the year ended 31 March 2025
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).
Management charges
Management charges are set so as to exactly cover repair, maintenance and other general costs incurred by the company. Any cash paid to the company by leaseholders, in excess of costs incurred to date, is held as deferred income.
Tangible fixed assets
Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:
Freehold land 2% straight line
2 Employees 2025 2024
Number Number
Average number of persons employed by the company 8 8
3 Tangible fixed assets
Land and buildings
£
Cost
At 1 April 2024 4,700
At 31 March 2025 4,700
Depreciation
At 31 March 2025 -
Net book value
At 31 March 2025 4,700
At 31 March 2024 4,700
4 Creditors: amounts falling due within one year 2025 2024
£ £
Contributions from members 3,458 3,024
Other creditors 360 336
3,818 3,360
5 Related party transactions
All income is received from directors. Management charges are set so as to exactly cover repair and maintenance costs incurred by the company.
6 Other information
First Lambolle Management Limited is a private company limited by shares and incorporated in England. Its registered office is:
1 Lambolle Road
London
NW3 4HS
First Lambolle Management Limited 03350078 false 2024-04-01 2025-03-31 2025-03-31 VT Final Accounts April 2025 B McKenzie No description of principal activity 03350078 2023-04-01 2024-03-31 03350078 core:WithinOneYear 2024-03-31 03350078 core:ShareCapital 2024-03-31 03350078 core:SharePremium 2024-03-31 03350078 2024-04-01 2025-03-31 03350078 bus:PrivateLimitedCompanyLtd 2024-04-01 2025-03-31 03350078 bus:AuditExemptWithAccountantsReport 2024-04-01 2025-03-31 03350078 bus:Director40 2024-04-01 2025-03-31 03350078 countries:England 2024-04-01 2025-03-31 03350078 bus:FRS102 2024-04-01 2025-03-31 03350078 bus:FilletedAccounts 2024-04-01 2025-03-31 03350078 2025-03-31 03350078 core:WithinOneYear 2025-03-31 03350078 core:ShareCapital 2025-03-31 03350078 core:SharePremium 2025-03-31 03350078 core:LandBuildings 2025-03-31 03350078 2024-03-31 03350078 core:LandBuildings 2024-03-31 iso4217:GBP xbrli:pure