Borelli Mews Management Company Limited - Accounts to registrar (filleted)

REGISTERED NUMBER: 02222643 (England and Wales)

Financial Statements

for the Year Ended 31 December 2024

for

Borelli Mews Management Company Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

Accountants' Report

4

DIRECTORS:

K.J. Kent FCIOB, MRICS.

J.T. Kent FCIOB, MAPM

N.A.P. Kent BSc (Hons),MCIM

REGISTERED OFFICE:

1 Clockhouse

Dogflud Way

Farnham

Surrey

GU9 7UD

REGISTERED NUMBER:

02222643 (England and Wales)

ACCOUNTANTS:

Xeinadin Billericay Limited

Lakeview House

4 Woodbrook Crescent

Billericay

Essex

CM12 0EQ

CURRENT ASSETS

Debtors

4

3,007

4,068

Cash at bank

39,812

39,202

42,819

43,270

CREDITORS

Amounts falling due within one year

5

4,790

4,862

NET CURRENT ASSETS

38,029

38,408

TOTAL ASSETS LESS CURRENT
LIABILITIES

38,029

38,408

PROVISIONS FOR LIABILITIES

37,953

38,332

NET ASSETS

76

RESERVES

Retained earnings

76

MEMBERS' FUNDS

76

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2024 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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 23 September 2025 and were signed on its behalf by:

K.J. Kent FCIOB, MRICS. - Director

1.	STATUTORY INFORMATION

Borelli Mews Management Company Limited is a private company, limited by guarantee , 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 managements fees receivable from tenants

Financial instruments

Debtors and creditors with no stated interest rate and receivable or payable within one year are recorded at transaction price. Any losses arising from impairment are recognised in the profit and loss account in other administrative expenses.

Loans and borrowings are initially recognised at the transaction price including transaction costs. Subsequently, they are measured at amortised cost using the effective interest rate method, less impairment. If an arrangement constitutes a finance transaction it is measured at present value.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2023 - 3 ) .

4.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.24

31.12.23

£

Prepayments and accrued income

3,007

4,068

5.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.24

31.12.23

£

Trade creditors

4,370

4,313

Accrued expenses

420

549

4,790

4,862

The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Borelli Mews Management Company Limited for the year ended 31 December 2024 which comprise the Income Statement, Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given us.

This report is made solely to the Board of Directors of Borelli Mews Management Company Limited, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Borelli Mews Management Company Limited and state those matters that we have agreed to state to the Board of Directors of Borelli Mews Management Company Limited, as a body, in this report. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that Borelli Mews Management Company Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Borelli Mews Management Company Limited. You consider that Borelli Mews Management Company Limited is exempt from the statutory audit requirement for the year.