Warwick House MGMT Limited

	Page
Abridged Balance Sheet	1
Notes to the Abridged Financial Statements	2—3

Registered number: 09871184

		2024		2023
	Notes	£	£	£	£
CURRENT ASSETS
Debtors		47,364		61,290
Cash at bank and in hand		225,033		190,541

		272,397		251,831
Creditors: Amounts Falling Due Within One Year		(544,323 )		(440,270 )

NET CURRENT ASSETS (LIABILITIES)			(271,926 )		(188,439 )

TOTAL ASSETS LESS CURRENT LIABILITIES			(271,926 )		(188,439 )

NET LIABILITIES			(271,926 )		(188,439 )

CAPITAL AND RESERVES
Called up share capital	4		100		100
Profit and Loss Account			(272,026 )		(188,539 )

SHAREHOLDERS' FUNDS			(271,926)		(188,439)

For the year ending 31 August 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.

All of the company's members have consented to the preparation of an Abridged Profit and Loss Account and an Abridged Balance Sheet for the year end 31 August 2024 in accordance with section 444(2A) of the Companies Act 2006.

On behalf of the board

N Atrissi Director	J A Cronstedt Director
31 August 2025

The notes on pages 2 to 3 form part of these financial statements.

1. General Information

Warwick House MGMT Limited is a private company, limited by shares, incorporated in England & Wales, registered number 09871184 . The registered office is 114-118 Southampton Row, London, WC1B 5AA.

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. Going Concern Disclosure

The year ending 31 August 2024 saw a positive year with the site performing well and averaging 99% occupancy levels throughout the year. Rents were increased by approximately 10% in January 2024. These have been well received, and we continue to maintain strong occupancy levels. Costs have also been closely monitored, with additional budget set aside for rising utility costs.

In the post balance sheet period, the company has changed ownership and has received a new undertaking from its new parent that no intra-group amounts owed by the company will be called for repayment for a period of at least 12 months from the date of approval of financial statements unless the company is in a position to make payments without adversely affecting its ability to continue to trade and settle future obligations.

These financial statements do not include any adjustments should the going concern basis preparation be inappropriate.

2.3. Turnover

Turnover represents income received in the ordinary course of business from rental income generated through assured shorthold tenancies and excludes value added tax.

Turnover is recognised over the period to which the tenancy relates.

2.4. Taxation

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

Deferred balances are recognised in respect of all timing differences that have originated but not reversed by the statement of financial position date, except:

• The recognition of deferred tax assets is limited to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits; and

• Any deferred tax balances are reversed if and when all conditions for retaining associated tax allowances have been met.

Deferred income tax is determined using tax rates and laws that have been enacted or substantively enacted by the reporting date.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 2 (2023: 2)

4. Share Capital

	2024	2023
	£	£
Called Up Share Capital not Paid	100	100

Amount of Allotted, Called Up Share Capital	100	100

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Warwick House MGMT Limited

Notes to the Abridged Financial Statements (continued)

For The Year Ended 31 August 2024

5. Ultimate Controlling Party

On 5 June 2025 PandonCo Limited, a company registered in Jersey with company number 158138, aquired the entire issued share capital of the company. No person holds a controlling interest in PandonCo Limited.

6. Audit Information

The auditor's report on the accounts of Warwick House MGMT Limited for the year ended 31 August 2024 was unqualified.

The auditor's report was signed by Statutory Auditor.

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