Langham Park Lowe's Lane Management Limited

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

Registered number: 05832893

		2025		2024
	Notes	£	£	£	£
FIXED ASSETS

CURRENT ASSETS
Debtors	4	10,251		4,688
Cash at bank and in hand		21,093		24,025

		31,344		28,713
Creditors: Amounts Falling Due Within One Year	5	(31,326 )		(28,695 )

NET CURRENT ASSETS (LIABILITIES)			18		18

TOTAL ASSETS LESS CURRENT LIABILITIES			18		18

NET ASSETS			18		18

CAPITAL AND RESERVES
Called up share capital	6		18		18

SHAREHOLDERS' FUNDS			18		18

For the year ending 31 March 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

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

The director acknowledges her 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

Mrs J Townsend

Director

10/09/2025

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

1. General Information

Langham Park Lowe's Lane Management Limited is a private company, limited by shares, incorporated in England & Wales, registered number 05832893 . The registered office is 10 Oxford Street, Nottingham, NG1 5BG.

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

The Company is responsible for the management of the property at Lows Lane, Stanton by Dale, Derbyshire, DE7 4QR. The Company collects service charges from leaseholders in accordance with the terms of the lease agreement in order to fund expenditure incurred in the management of the property. These service charge funds are held in trust for the lessees which is imposed under Section 42 of the Landlord and Tenant Act 1987.

During the year the Company incurred expenditure in fulfilling its obligations under the terms of the lease for the property. The total costs incurred are recorded in the Company's income and expenditure account as funds collected from lessees to discharge obligations under the lease. To meet these obligations the Company draws from service charge funds held in trust on behalf of the lessees.

A detailed summary of expenditure incurred in the period is made available to the lessees of the property under the terms of the lease.

Cash balances

Cash at bank does not include unspent amounts of service charge funds held in the Company's bank account. Instead these unspent service charge funds are held in trust by the Company under Section 42 of the Landlord and Tenant Act 1987.

At the year end the amount of funds held in trust were £21,093 (2024: £24,025).

2.3. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Leasehold

10% reducing balance

3. Average Number of Employees

Average number of employees, including directors, during the year was: 1 (2024: NIL)

4. Debtors

	2025	2024
	£	£
Due within one year
Trade debtors	7,399	3,160
Prepayments and accrued income	2,144	1,528
Other debtors	708	-

	10,251	4,688

5. Creditors: Amounts Falling Due Within One Year

	2025	2024
	£	£
Trade creditors	414	764
VAT	502	746
Other creditors	-	17
Accruals and deferred income	30,410	27,168

	31,326	28,695

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Langham Park Lowe's Lane Management Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2025

6. Share Capital

	2025	2024
	£	£
Allotted, Called up and fully paid	18	18

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