REGISTERED NUMBER: 07506619 (England and Wales)

Unaudited Financial Statements for the Year Ended 30 June 2025

for

WHITEGATE CLOSE

(MANAGEMENT COMPANY) LIMITED

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

3

DIRECTOR:

P G Budgen

REGISTERED OFFICE:

Mereworth

Shipley Bridge Lane

Copthorne

West Sussex

RH10 3JL

REGISTERED NUMBER:

07506619 (England and Wales)

CURRENT ASSETS

Debtors

4

58

58

Cash at bank

14,131

13,072

14,189

13,130

CREDITORS

Amounts falling due within one year

5

(590

)

(665

)

NET CURRENT ASSETS

13,599

12,465

TOTAL ASSETS LESS CURRENT LIABILITIES

13,599

12,465

CAPITAL AND RESERVES

Called up share capital

16

16

Retained earnings

13,583

12,449

13,599

12,465

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 27 October 2025 and were signed by:

P G Budgen - Director

1.	STATUTORY INFORMATION

Whitegate Close (Management Company) Limited 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 contributions received from the lessees during the year to cover current and future maintenance of the property known as Whitegate Close.

Taxation

The company is a non-profit making enterprise. HMRC have confirmed that corporation tax liability arises only on bank interest received.

Debtors and creditors receivable / payable within one year

Debtors and creditors with no stated interest rate and receivables or payables within one year are recorded at transaction price. Any losses arising from impairment are recognised in the profit and loss account in other administrative expenses.

3.	EMPLOYEES AND DIRECTORS

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

4.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Other debtors

58

58

5.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Payments on account

50

48

Trade creditors

-

117

Other creditors

540

500

590

665

6.	RELATED PARTY DISCLOSURES

During the year the company paid £186 (2024: £0) and £1,580 (2024: £0) in respect of services for the management of this company's activities to Alfred Budgen Limited and Paul Budgen Associates LLP respectively, both of which P G Budgen is a director and a shareholder.

7.	ULTIMATE CONTROLLING PARTY

The company is jointly controlled by the directors.