REGISTERED NUMBER: 04980927 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 28 FEBRUARY 2025

FOR

DOWN STREET MANAGEMENT LTD

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

G Haiat

A J P Gaur

REGISTERED OFFICE:

50 Seymour Street

London

W1H 7JG

REGISTERED NUMBER:

04980927 (England and Wales)

ACCOUNTANTS:

Orcom Civvals Limited

Accountants

50 Seymour Street

London

W1H 7JG

FIXED ASSETS

Tangible assets

4

41,785

40,460

CURRENT ASSETS

Debtors

5

653

446

Cash at bank and in hand

216,805

169,909

217,458

170,355

CREDITORS

Amounts falling due within one year

6

(54,381

)

(100,353

)

NET CURRENT ASSETS

163,077

70,002

TOTAL ASSETS LESS CURRENT LIABILITIES

204,862

110,462

CREDITORS

Amounts falling due after more than one year

7

(27,283

)

(32,552

)

NET ASSETS

177,579

77,910

CAPITAL AND RESERVES

Called up share capital

2

2

Retained earnings

8

177,577

77,908

SHAREHOLDERS' FUNDS

177,579

77,910

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28 February 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 28 February 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 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 9 October 2025 and were signed on its behalf by:

A J P Gaur - Director

1.	STATUTORY INFORMATION

Down Street Management Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

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.

Turnover

Turnover represents the net invoiced rental charge excluding value added tax.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery

-

25% on reducing balance

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, 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.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 6 (2024 - 6 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

Plant and

and

Computer

machinery

fittings

equipment

Totals

£

£

£

£

COST

At 1 March 2024

136,794

192,008

5,829

334,631

Additions

-

10,774

4,479

15,253

At 28 February 2025

136,794

202,782

10,308

349,884

DEPRECIATION

At 1 March 2024

134,937

154,976

4,258

294,171

Charge for year

464

11,952

1,512

13,928

At 28 February 2025

135,401

166,928

5,770

308,099

NET BOOK VALUE

At 28 February 2025

1,393

35,854

4,538

41,785

At 29 February 2024

1,857

37,032

1,571

40,460

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Other debtors

446

446

Directors' current accounts

207

-

653

446

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Tax

35,955

32,461

Social security and other taxes

2,401

2,269

VAT

1,826

14,373

Other creditors

2,382

1,854

Loans

-

8,000

Wages control

2,113

-

Directors' current accounts

240

-

Directors' loan accounts

-

31,682

Accrued expenses

9,464

9,714

54,381

100,353

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Bank loans - 2-5 years

27,283

32,552

8.

RESERVES

Retained

earnings

£

At 1 March 2024

77,908

Profit for the year

114,669

Dividends

(15,000

)

At 28 February 2025

177,577