REGISTERED NUMBER: 00953076 (England and Wales)

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

FOR

PIRAMAX MANAGEMENT COMPANY LIMITED

(LIMITED BY GUARANTEE)

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

Mrs Y Dean

Ms E Meyerson

Dr R Shahapure

Mrs S Sacu

SECRETARY:

Ms P H Brearey

REGISTERED OFFICE:

6 Kingsley Court

1 Palmerston Road

Wood Green

London

N22 8RQ

REGISTERED NUMBER:

00953076 (England and Wales)

ACCOUNTANTS:

Gary J Cansick & Co

Chartered Accountants

Janelle House

6 Hartham Lane

Hertford

Hertfordshire

SG14 1QN

CURRENT ASSETS

Debtors

4

4,845

4,733

Cash at bank

22,133

22,430

26,978

27,163

CREDITORS

Amounts falling due within one year

5

1,525

962

NET CURRENT ASSETS

25,453

26,201

TOTAL ASSETS LESS CURRENT LIABILITIES

25,453

26,201

RESERVES

Redecoration reserve

6

17,570

16,130

Retained earnings

6

7,883

10,071

MEMBERS' FUNDS

25,453

26,201

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 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 12 September 2025 and were signed on its behalf by:

Ms E Meyerson - Director

Mrs Y Dean - Director

1.	STATUTORY INFORMATION

Piramax Management Company Limited is a private company, limited by guarantee , 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 service charges receivable from residents. For the purpose of these accounts, the contribution to redecoration reserve is treated as separate from service charges;

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 4 (2024 - 4 ) .

4.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Other debtors

4,845

4,733

5.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Trade creditors

810

642

Other creditors

715

320

1,525

962

6.

RESERVES

Retained

Redecoration

earnings

reserve

Totals

£

£

£

At 1 April 2024

10,071

16,130

26,201

Deficit for the year

(2,188

)

(2,188

)

Contributions from residents

-

1,440

1,440

At 31 March 2025

7,883

17,570

25,453