Registration number: 00915770

Holmewood Ridge (West) Limited

Statement of Financial Position as at 31 March 2025

	Note	2025 £	2024 £
Fixed assets
Tangible assets	4	2,675	2,675
Current assets
Debtors	5	2,633	4,753
Cash at bank and in hand		98,466	70,641
		101,099	75,394
Creditors: Amounts falling due within one year	6	(1,568)	(1,131)
Net current assets		99,531	74,263
Net assets		102,206	76,938
Capital and reserves
Called up share capital		2,476	2,476
Share premium reserve		373	373
Retained earnings		99,357	74,089
Shareholders' funds		102,206	76,938

For the financial 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.

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 FRS 102 ‘The Financial Reporting Standard Applicable in the UK and Republic of Ireland’.

The directors of Holmewood Ridge (West) Limited have elected not to include a copy of the profit and loss account within the financial statements, in accordance with the special provisions relating to companies subject to the small companies regime within the Companies Act 2006, s444.

Holmewood Ridge (West) Limited

Statement of Financial Position as at 31 March 2025

Approved and authorised by the Board on 25 September 2025 and signed on its behalf by:
 

.........................................

Mr C S Cummings

Director

Company registration number: 00915770

Holmewood Ridge (West) Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2025

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:
1 Suffolk Way
Sevenoaks
Kent
TN13 1YL

The principal activity of the company is that of the care and maintenance of the roadway called Holmewood Ridge Langton Green lying between Barrow Lane and Broom Lane and the preservation of the amenities in this area.

2	Accounting policies

Statement of compliance

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' Section 1A and the Companies Act 2006.

Basis of preparation

These financial statements have been prepared using the historical cost convention except any items disclosed in the accounting policies as being shown at fair value and are presented in sterling, which is the functional currency of the entity.

Summary of significant accounting policies

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.

Going concern

The company continues to receive service charge income from its members which enables the company to meet its financial obligations as and when they fall due.

Having made enquiries the directors have a reasonable expectation that the company has adequate resources to remain in operational existence for the foreseeable future. Accordingly, the directors continue to prepare the financial statements on the going concern basis.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for service charges due in the ordinary course of the company's activities. Turnover is shown net of value added tax, returns, rebates and discounts.

The company recognises revenue from services charges on the date demands are issued to residents in accordance with the respective leases.

Holmewood Ridge (West) Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2025

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, as follows:

Asset class	Depreciation method and rate
Long leasehold property	over the term of the lease

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

3	Staff numbers

The average number of persons employed by the company during the year was 0 (2024 - 0).

4	Tangible assets

	Long Leasehold Property £	Total £
Cost or valuation
At 1 April 2024	2,675	2,675
At 31 March 2025	2,675	2,675
Carrying amount
At 31 March 2025	2,675	2,675
At 31 March 2024	2,675	2,675

Holmewood Ridge (West) Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2025

5

Debtors

	2025 £	2024 £
Trade debtors	2,500	4,675
Other debtors	133	78
	2,633	4,753

6

Creditors

Creditors: amounts falling due within one year

		2025 £	2024 £
Taxation and social security		8	8
Other creditors		1,560	1,123
		1,568	1,131