Tivoli Court (Bournemouth) Management Company Limited
is a private company, limited by shares, incorporated in England & Wales, registered number
1282207
. The registered office is 165 Alder Road, Poole, Dorset, BH12 4AN.
The principal activity of the company is the management and administration of property known as Tivoli Court, 64A Surrey Road, Bournemouth, for the benefit of the leaseholders. The monies collected from the leaseholders as service charges and the related debtors and creditors are held in trust under the Landlord and Tenant Legislation.
Tangible fixed assets are stated at cost. The company acquired the freehold interest in the property at Tivoli Court on 12 December 1979 at a total cost of £2,175. No revaluation or depreciation has been provided as such provision would serve no useful purpose.
The freehold property was acquired by means of interest free loan from each of the lessees. The loans are recoverable on the sale of the flat or penthouse but are required to be made good from the income purchase.