REGISTERED NUMBER: 06126536 (England and Wales)

Unaudited Financial Statements for the Year Ended 30 June 2025

for

WOODCOTE HOUSE (CRAWLEY) MANAGEMENT

COMPANY LIMITED

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

3

DIRECTORS:

M R Budgen

G A Budgen

M L Budgen

C E Budgen

SECRETARY:

G A Budgen

REGISTERED OFFICE:

Mereworth

Shipley Bridge Lane

Copthorne

West Sussex

RH10 3JL

REGISTERED NUMBER:

06126536 (England and Wales)

ACCOUNTANTS:

Plus Accounting

Chartered Accountants

Preston Park House

South Road

Brighton

East Sussex

BN1 6SB

CURRENT ASSETS

Debtors

4

-

25,000

Cash at bank

27,885

2,728

27,885

27,728

CREDITORS

Amounts falling due within one year

5

(654

)

(1,162

)

NET CURRENT ASSETS

27,231

26,566

TOTAL ASSETS LESS CURRENT LIABILITIES

27,231

26,566

CAPITAL AND RESERVES

Called up share capital

6

6

Retained earnings

27,225

26,560

SHAREHOLDERS' FUNDS

27,231

26,566

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 2025 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 22 September 2025 and were signed on its behalf by:

G A Budgen - Director

1.	STATUTORY INFORMATION

Woodcote House (Crawley) Management Company Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

The presentation currency of the financial statements is the Pound Sterling (£).

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

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

Turnover

Turnover represents amounts received from the lessees during the year to cover current and future maintenance of the property known as Woodcote House Crawley.

Taxation

The company is a non-profit making enterprise. HMRC have confirmed that corporation tax liability arises only on bank interest received.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Going concern

The directors have a reasonable expectation that the company has adequate resources to continue in existence for the foreseeable future. The company therefore continues to adopt the going concern basis in preparing its financial statements.

Impairment policy

At each balance sheet date, the company reviews the carrying amount of its assets to determine whether there is any indication that any items have suffered an impairment loss. If any such indication exists, the recoverable amount of an asset is estimated in order to determine the extent of the impairment loss, if any. Where it is not possible to estimate the recoverable amount of an asset, the Company estimates the recoverable amount of the cash-generating unit to which the asset belongs.

Financial instruments

At each balance sheet date, the company reviews the carrying amount of its assets to determine whether there is any indication that any items have suffered an impairment loss. If any such indication exists, the recoverable amount of an asset is estimated in order to determine the extent of the impairment loss, if any. Where it is not possible to estimate the recoverable amount of an asset, the Company estimates the recoverable amount of the cash-generating unit to which the asset belongs.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 4 (2024 - 4 ) .

4.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Other debtors

-

25,000

5.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade creditors

-

662

Taxation and social security

86

-

Other creditors

568

500

654

1,162

6.	RELATED PARTY DISCLOSURES

During the year the company paid £2,129 (2024: £707) in respect of services for the management of this company's activities to Alfred Budgen Limited.

During the year, Alfred Budgen Ltd has taken a further loan of £26,000 which was repaid in full before the end of the period alongside the loan withdrawn in the previous period.

G A Budgen and M L Budgen are directors and shareholders in both companies.