The directors of the company have elected not to include a copy of the profit and loss account within the financial statements.true

For the financial year ended 25 December 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

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.

The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.

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

Albany Gardens Management Company Limited is a private company limited by shares incorporated in England and Wales. The registered office is C/O KWB, First Floor Lancaster House, 67 Newhall Street, Birmingham, United Kingdom, B3 1NQ.

These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The financial statements are prepared in sterling, which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £.

The financial statements have been prepared under the historical cost convention, [modified to include the revaluation of freehold properties and to include investment properties and certain financial instruments at fair value]. The principal accounting policies adopted are set out below.

Service charges receivable represent amounts due to the company from the provision of services, which fall within the company's ordinary activities. The company is not registered for value added tax.

Residents contributions

Residents contributions are credited to the members balances account from which transfers of service charges are made in accordance with the accounting policy above

Since the freehold interest in land is shown at a notional value, no depreciation for the year is charged.

The average monthly number of persons (including directors) employed by the company during the year was: