Nicholas Gardens Management Company Ltd

	Page
Balance Sheet	1
Notes to the Financial Statements	2

Registered number: 02730227

		2024		2023
	Notes	£	£	£	£
CURRENT ASSETS
Debtors	4	17,256		18,365
Cash at bank and in hand		111,308		138,336

		128,564		156,701
Creditors: Amounts Falling Due Within One Year	5	(7,113 )		(28,897 )

NET CURRENT ASSETS (LIABILITIES)			121,451		127,804

TOTAL ASSETS LESS CURRENT LIABILITIES			121,451		127,804

NET ASSETS			121,451		127,804

CAPITAL AND RESERVES
Called up share capital	6		80		80
Profit and Loss Account			121,371		127,724

SHAREHOLDERS' FUNDS			121,451		127,804

For the year ending 31 December 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

On behalf of the board

I J Purser

Director

28 May 2025

The notes on page 2 form part of these financial statements.

1. General Information

Nicholas Gardens Management Company Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 02730227 . The registered office is Mudd & Co Block Management, 5 Peckitt Street, York, YO1 9SF.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

2.2. Turnover

Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.

Sale of goods

Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.

Rendering of services

Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.

3. Average Number of Employees

Average number of employees, including directors, during the year was: NIL (2023: NIL)

4. Debtors

	2024	2023
	£	£
Due within one year
Trade debtors	264	778
Prepayments and accrued income	16,992	17,587

	17,256	18,365

5. Creditors: Amounts Falling Due Within One Year

	2024	2023
	£	£
Trade creditors	6,412	28,025
Accruals and deferred income	701	872

	7,113	28,897

6. Share Capital

	2024	2023
	£	£
Allotted, Called up and fully paid	80	80

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