SPINNEY LANE WOODCOTE MGMT CO LTD

Registered number

13026459

Filleted Accounts

31 December 2024

SPINNEY LANE WOODCOTE MGMT CO LTD
Registered number:		13026459
Balance Sheet
as at 31 December 2024

Notes			2024			2023
£				£
Fixed assets
Tangible assets	3		1,041,006			915,029

Creditors: amounts falling due within one year	4	(725,326)			(646,114)

Net current liabilities			(725,326)			(646,114)

Total assets less current liabilities			315,680			268,915

Creditors: amounts falling due after more than one year	5		(418,804)			(418,760)



Net liabilities			(103,124)			(149,845)

Capital and reserves
Called up share capital			100			100
Revaluation reserve	6		196,456			86,670
Profit and loss account			(299,680)			(236,615)

Shareholders' funds			(103,124)			(149,845)

The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.




Mr B Alsen
Director
Approved by the board on 29 September 2025

SPINNEY LANE WOODCOTE MGMT CO LTD
Notes to the Accounts
for the period from 1 December 2023 to 31 December 2024


1	Accounting policies

	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).

	Turnover
	Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.

	Tangible fixed assets
	In accordance with the Statement of Standard Accounting Practice no 19 , investment properties are to be valued at their open market value at the balance sheet date. Any surplus on revaluation is transferred to the investment property revaluation reserve. Any deficit is deducted from the investment property revaluation reserve, except for permanent diminutions in value which are charged to the profit and loss account

	Debtors
	Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

	Creditors
	Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

	Taxation
	A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.


2	Employees	2024		2023
Number			Number

	Average number of persons employed by the company	1		1


3	Tangible fixed assets
				Land and buildings
£
	Cost
	At 1 December 2023			915,029
	Additions			16,191
	Surplus on revaluation			109,786
	At 31 December 2024			1,041,006

	Depreciation
	At 31 December 2024			-

	Net book value
	At 31 December 2024			1,041,006
	At 30 November 2023			915,029


4	Creditors: amounts falling due within one year	2024		2023
£			£

	Other creditors	725,326		646,114


5	Creditors: amounts falling due after one year	2024		2023
£			£

	Bank loans	418,804		418,760


6	Revaluation reserve	2024		2023
£			£

	At 1 December 2023	86,670		-
	Gain on revaluation of land and buildings	109,786		86,670

	At 31 December 2024	196,456		86,670


7	Controlling party

	The company is under the control under of Mr B Alsen, the managing director and majoprity shareholder.


8	Other information

	SPINNEY LANE WOODCOTE MGMT CO LTD is a private company limited by shares and incorporated in England. Its registered office is:
	39 Grove Lane
	London
	England
	SE5 8SP