Registration number: 06340316

Greencroft Freehold Management Company Limited

(Registration number: 06340316)
Statement of Financial Position as at 31 December 2024

	Note	2024 £	2023 £
Fixed assets
Tangible assets	4	24	24
Current assets
Debtors	5	12,797	19,350
Cash at bank and in hand		24	24
		12,821	19,374
Creditors: Amounts falling due within one year	6	(1,040)	(7,761)
Net current assets		11,781	11,613
Net assets		11,805	11,637
Capital and reserves
Called up share capital		24	24
Profit and loss account		11,781	11,613
Shareholders' funds		11,805	11,637

For the financial 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.

Directors' responsibilities:

•	The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and
•	The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Income Statement.

Approved and authorised by the Board on 29 July 2025 and signed on its behalf by:
 

......................................... Mr S K Larsson Director

Greencroft Freehold Management Company Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2024

1	General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is: Knoll House, Knoll Road, Camberley, Surrey, GU15 3SY. United Kingdom.

2	Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

The financial statements are prepared in sterling, which is the functional currency of the entity.

Tax

The tax expense for the period comprises current tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

Tangible assets

Tangible assets are stated in the statement of financial position at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class	Depreciation method and rate
Freehold property	not depreciated - land only
Long leasehold property	no depreciation due at this stage

Cash and cash equivalents

Cash is represented by cash in hand and bank deposits.

Greencroft Freehold Management Company Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2024

3	Staff numbers

The average number of persons employed by the company (including directors) during the year, was 0 (2023 - 0).

Due to the nature of the company’s activities there were no employees in the current or previous year.

4	Tangible assets

	Land and buildings £	Total £
Cost or valuation
At 1 January 2024	24	24
At 31 December 2024	24	24
Depreciation
Carrying amount
At 31 December 2024	24	24
At 31 December 2023	24	24

Included within the net book value of land and buildings above is £24 (2023 - £24) in respect of freehold land and buildings and £Nil (2023 - £Nil) in respect of long leasehold land and buildings.
The freehold cost carried forward represents a nominal value of £1 per flat in respect of the company's reversionary interest in each flat let on 999 year leases.

5

Debtors

	Note	2024 £	2023 £
Amounts owed by related parties		12,797	19,350
		12,797	19,350

6

Creditors

Creditors: amounts falling due within one year

	2024 £	2023 £
Taxation and social security	40	5,761
Other creditors	1,000	2,000
	1,040	7,761