| 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 |