REGISTERED NUMBER: 01096342 (England and Wales)

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2024

FOR

BRAXFIELD(ST.ANNES)MANAGEMENT

COMPANY LIMITED

Page

Company Information

1

Balance Sheet

3

Notes to the Financial Statements

4

DIRECTORS:

J Fielding

J A S Rowlands

J Mayers

D Riley

R Aldcroft

P Maynard

J P Sheridan

W W Owen

V Howarth

J Hardy

D Wild

M E Edge

V A Harrison

S M Haynes

A M Gray

P N Stockdale

D C Hudson

B Roche

J D Owen

H Rakhda

J H Jackson

P A Terry

C Johnston

C J Forshaw

J H Taylor

C Southern

P R Varma

SECRETARY:

Realty Management Ltd

REGISTERED OFFICE:

Discovery House

Crossley Road

Stockport

Greater Manchester

SK4 5BH

REGISTERED NUMBER:

01096342 (England and Wales)

AUDITORS:

Whitehead & Howarth

Statutory Auditors

327 Clifton Drive South

Lytham St Annes

Lancashire

FY8 1HN

FIXED ASSETS

Tangible assets

4

5,454

5,988

CURRENT ASSETS

Debtors

5

673

165

Cash at bank

2,208

1,449

2,881

1,614

CREDITORS

Amounts falling due within one year

6

7,919

4,444

NET CURRENT LIABILITIES

(5,038

)

(2,830

)

TOTAL ASSETS LESS CURRENT LIABILITIES

416

3,158

CAPITAL AND RESERVES

Called up share capital

27

27

Retained earnings

7

389

3,131

SHAREHOLDERS' FUNDS

416

3,158

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 Income Statement 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:

P Maynard - Director

1.	STATUTORY INFORMATION

Braxfield(St.annes)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.

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 invoiced maintenance contributions receivable. Revenue is recognised when a right to consideration exists.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Land and buildings

-

Straight line over 25 years

Plant and machinery etc

-

15% on reducing balance

Tangible fixed assets are stated at cost less accumulated depreciation.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2023 - NIL).

4.	TANGIBLE FIXED ASSETS

Plant and

Land and

machinery

buildings

etc

Totals

£

£

£

COST

At 1 January 2024

and 31 December 2024

7,182

10,378

17,560

DEPRECIATION

At 1 January 2024

6,604

4,968

11,572

Charge for year

287

247

534

At 31 December 2024

6,891

5,215

12,106

NET BOOK VALUE

At 31 December 2024

291

5,163

5,454

At 31 December 2023

578

5,410

5,988

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.24

31.12.23

£

£

Prepayments

673

165

Prepayments Breakdown

31/12/24

31/12/23

£

£

Ground rent

673

165

673

165

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.24

31.12.23

£

£

Braxfield Court

4,594

3,051

Accruals and deferred income

3,325

1,393

7,919

4,444

Accruals Breakdown

31/12/24

31/12/23

£

£

Auditors Remuneration

3,240

1,260

Ground Rent

-

60

Confirmation statement

85

73

3,325

1,393

7.

RESERVES

Retained

earnings

£

At 1 January 2024

3,131

Deficit for the year

(2,742

)

At 31 December 2024

389

8.	DISCLOSURE UNDER SECTION 444(5B) OF THE COMPANIES ACT 2006

The Report of the Auditors was unqualified.

Candice Higgins (Senior Statutory Auditor)

for and on behalf of Whitehead & Howarth

9.	RELATED PARTY DISCLOSURES

Included in creditors is an amount of £4,594 which is due to the service charge accounts of Braxfield Court.

10.	ULTIMATE CONTROLLING PARTY

The Company is controlled by the Directors.