IRIS Accounts Production v25.2.0.378 02459558 Board of Directors 1.4.24 31.3.25 31.3.25 0 0 false true false false true false iso4217:GBP iso4217:USD iso4217:EUR xbrli:shares xbrli:pure utr:tonnes utr:kWh 02459558 2024-03-31 02459558 2025-03-31 02459558 2024-04-01 2025-03-31 02459558 2023-03-31 02459558 2023-04-01 2024-03-31 02459558 2024-03-31 02459558 ns15:EnglandWales 2024-04-01 2025-03-31 02459558 ns14:PoundSterling 2024-04-01 2025-03-31 02459558 ns10:Director1 2024-04-01 2025-03-31 02459558 ns10:CompanyLimitedByGuarantee 2024-04-01 2025-03-31 02459558 ns10:SmallEntities 2024-04-01 2025-03-31 02459558 ns10:AuditExempt-NoAccountantsReport 2024-04-01 2025-03-31 02459558 ns10:SmallCompaniesRegimeForDirectorsReport 2024-04-01 2025-03-31 02459558 ns10:SmallCompaniesRegimeForAccounts 2024-04-01 2025-03-31 02459558 ns10:FullAccounts 2024-04-01 2025-03-31 02459558 ns5:CurrentFinancialInstruments 2025-03-31 02459558 ns5:CurrentFinancialInstruments 2024-03-31 02459558 ns5:RevaluationReserve 2025-03-31 02459558 ns5:RevaluationReserve 2024-03-31 02459558 ns5:FurtherSpecificReserve1ComponentTotalEquity 2025-03-31 02459558 ns5:FurtherSpecificReserve1ComponentTotalEquity 2024-03-31 02459558 ns5:RetainedEarningsAccumulatedLosses 2025-03-31 02459558 ns5:RetainedEarningsAccumulatedLosses 2024-03-31 02459558 ns10:RegisteredOffice 2024-04-01 2025-03-31 02459558 ns5:LandBuildings 2024-04-01 2025-03-31 02459558 ns5:LandBuildings 2024-03-31 02459558 ns5:LandBuildings 2025-03-31 02459558 ns5:LandBuildings 2024-03-31 02459558 ns5:WithinOneYear ns5:CurrentFinancialInstruments 2025-03-31 02459558 ns5:WithinOneYear ns5:CurrentFinancialInstruments 2024-03-31 02459558 ns5:RevaluationReserve 2024-03-31

REGISTERED NUMBER: 02459558 (England and Wales)

| BIDWELL HOUSE MANAGEMENT COMPANY LIMITED |

| UNAUDITED FINANCIAL STATEMENTS |

| FOR THE YEAR ENDED 31 MARCH 2025 |

BIDWELL HOUSE MANAGEMENT COMPANY LIMITED (REGISTERED NUMBER: 02459558)

CONTENTS OF THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

Page |

Balance Sheet | 1 |

Notes to the Financial Statements | 2 |

BIDWELL HOUSE MANAGEMENT COMPANY LIMITED (REGISTERED NUMBER: 02459558)

BALANCE SHEET

31 MARCH 2025

| 2025 | 2024 |

| Notes | £ | £ | £ | £ |

FIXED ASSETS

Tangible assets | 4 | 9,295 |  | 9,295 |  |

CURRENT ASSETS

Debtors | 5 | 2,762 |  | 1,580 |  |

Cash at bank | 41,191 |  | 40,193 |  |

43,953 |  | 41,773 |  |

CREDITORS

Amounts falling due within one year | 6 | 4,073 |  | 5,511 |  |

NET CURRENT ASSETS | 39,880 |  | 36,262 |  |

TOTAL ASSETS LESS CURRENT LIABILITIES | 49,175 |  | 45,557 |  |

RESERVES

Members deposit reserve | 7 | 1,000 |  | 1,000 |  |

Redecoration reserve | 582 |  | 582 |  |

Income and expenditure account | 47,593 |  | 43,975 |  |

MEMBERS' FUNDS | 49,175 |  | 45,557 |  |

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 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 surplus or deficit 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 Profit and Loss Account has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 1 October 2025 and were signed on its behalf by:

R Rudland - Director

BIDWELL HOUSE MANAGEMENT COMPANY LIMITED (REGISTERED NUMBER: 02459558)

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

1. | STATUTORY INFORMATION

| Bidwell House Management Company Limited is a private company, limited by guarantee , registered in England and Wales. The company's registered number and registered office address are as below:

| Registered number: | 02459558

| Registered office: | c/o Leysbrook

| Devonshire Busines Centre

| Works Road

| Letchworth Garden City

| Herts

| SG6 1GJ

| The presentation currency of the financial statements is the Pound Sterling (£).

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.

| Significant judgements and estimates

| The preparation of the financial statements requires management to make judgements, estimates and assumptions that affect the amounts reported for assets and liabilities as at the balance sheet date and the amounts reported for revenues and expenses during the year. However, the nature of estimation means that actual outcomes could differ from those estimates. In the Director's opinion, there are no significant judgements or key sources of estimation uncertainty.

| Service charge income

| Service charges recoverable - income from the residents/tenants that is recoverable under their purchase agreement/lease is accounted for on an accruals basis. Over/under accruals from previous periods are dealt with in the following year in the profit and loss account.

| 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 | - | not provided

| Depreciation is not provided on freehold land because, in the opinion of the directors', the realisable value is higher than the book value and the residual value of the property will be at least equal to the book value.

| Financial instruments

| The company only enters into basic financial instruments that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans from banks and other third parties, loans to related parties and investments in non-puttable ordinary shares.

| Financial assets that are measured at cost and amortised cost are assessed at the end of each reporting period for objective evidence of impairment. If objective evidence of impairment is found, an impairment loss is recognised in the Profit and Loss Account.

| Financial assets and liabilities are offset and the net amount reported in the Balance Sheet when there is an enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

BIDWELL HOUSE MANAGEMENT COMPANY LIMITED (REGISTERED NUMBER: 02459558)

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 31 MARCH 2025

2. | ACCOUNTING POLICIES - continued

| Taxation

| Taxation for the year comprises current and deferred tax. Tax is recognised in the Profit and Loss Account, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

| Current or deferred taxation assets and liabilities are not discounted.

| Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

| Deferred tax

| Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

| Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

| 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.

3. | EMPLOYEES AND DIRECTORS

| The average number of employees during the year was NIL (2024 - NIL).

4. | TANGIBLE FIXED ASSETS

| Freehold

| land

£ |

| COST

| At 1 April 2024

| and 31 March 2025 | 9,295 |  |

| NET BOOK VALUE

| At 31 March 2025 | 9,295 |  |

| At 31 March 2024 | 9,295 |  |

5. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |

2025 | 2024 |

£ | £ |

| Trade debtors | 1,847 |  | 70 |  |

| Other debtors | 915 |  | 1,510 |  |

2,762 |  | 1,580 |  |

6. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |

2025 | 2024 |

£ | £ |

| Trade creditors | 3,259 |  | 1,541 |  |

| Other creditors | 814 |  | 3,970 |  |

4,073 |  | 5,511 |  |

BIDWELL HOUSE MANAGEMENT COMPANY LIMITED (REGISTERED NUMBER: 02459558)

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 31 MARCH 2025

7. | RESERVES

| Members

| deposit

| reserve

£ |

| At 1 April 2024

| and 31 March 2025 | 1,000 |  |

8. | CONTROLLING PARTY

| The company is owned equally by its twenty members. There is no controlling party.

9. | LIMITED BY GUARANTEE

| The company is limited by guarantee and therefore has no share capital.