Company No: 05658826 (England and Wales)

Contents

• Company Information
• Balance Sheet
• Notes to the Financial Statements

Directors	Mr Nigel McFarland
	Mr Osric Powell

Registered office	16 Bugbrooke Road
	Nether Heyford
	Northamptonshire
	NN3 7LT
	United Kingdom

Company number

05658826 (England and Wales)

Accountant	Kreston Reeves LLP
	2nd Floor
	168 Shoreditch High Street
	London
	E1 6RA

	Note	2024		2023
		£		£
Current assets
Cash at bank and in hand		1,751		753
		1,751		753
Creditors: amounts falling due within one year	3	( 8,541)		( 8,468)
Net current liabilities		(6,790)		(7,715)
Total assets less current liabilities		(6,790)		(7,715)
Net liabilities		( 6,790)		( 7,715)
Reserves
Profit and loss account		( 6,790 )		( 7,715 )
Total reserves		( 6,790)		( 7,715)

For the financial year ending 31 December 2024 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 financial statements for the financial year in accordance with section 476;
• The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements; and
• These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime and a copy of the Statement of Comprehensive Income has not been delivered.

The financial statements of Woburn House Property Management Company Limited (registered number: 05658826) were approved and authorised for issue by the Board of Directors on 23 September 2025. They were signed on its behalf by:

Mr Osric Powell Director

1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial year and to the preceding financial year, unless otherwise stated.

General information and basis of accounting

Woburn House Property Management Company Limited (the Company) is a private company, limited by guarantee, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the Company's registered office is 16 Bugbrooke Road, Nether Heyford, Northamptonshire, NN3 7LT, United Kingdom.

The financial statements have been prepared under the historical cost convention, modified to include certain items at fair value, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.

The financial statements are presented in pounds sterling which is the functional currency of the Company and rounded to the nearest £.

Going concern

Notwithstanding that the company made a profit of £925 (2023: £374 loss) and has net liabilities of £6,790 (2023: £7,715) at the balance sheet date the financial statements have been prepared on a going concern basis. The directors have agreed to continue to provide the funds to support the business in operating for the forseeable future and for a period of at least 12 months from the date of approval of the financial statements.

Cash and cash equivalents

Cash and cash equivalents are basic financial assets and include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in creditors: amounts falling due within one year.

Trade and other creditors

Trade and other creditors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest rate method, unless the effect of discounting would be immaterial, in which case they are stated at cost.

Financial instruments

The Company has elected to apply the provisions of Section 11 “Basic Financial Instruments” of FRS 102 to all of its financial instruments.

2. Employees

	2024		2023
	Number		Number
Monthly average number of persons employed by the Company during the year, including directors	2		2

3. Creditors: amounts falling due within one year

	2024		2023
	£		£
Accruals	799		726
Other creditors	7,742		7,742
	8,541		8,468

4. Liability of members

The members of the Woburn House Property Management Company Limited have undertaken to contribute a sum not exceeding £1 each to meet the liabilities of the Company if it should be wound up.

5. Related party transactions

Transactions with the entity's directors

	2024		2023
	£		£
Owed to director	7,742		7,154

The company maintains a loan account with the director Osric Powell, which is included within 'other creditors'

6. Investment Property

The company owns the freehold interest in Woburn House properties which are subject to long leases and is considered to have nil value.

7. Company Status

The company is a private company limited by guarantee and consequently does not have share capital. Every member of the Company undertakes to contribute such amount as may be required, not exceeding £1 to the assets of the Company in the event of the Company being wound up while he is a member, or within one year after he ceases to be a member, for payment of the debts and liabilities of the Company contracted before he ceases to be a member, and of the costs, charges, and expenses of winding up the Company, and for the adjustment of the rights of the contributions among themselves.

8. Ultimate controlling party

The company is under the control of the Directors Nigel McFarland and Osric Powell.