Contents of the Financial Statements

for the Period Ended 31 March 2025

Directors report
Profit and loss
Balance sheet
Additional notes
Balance sheet notes

Directors' report period ended 31 March 2025

The directors present their report with the financial statements of the company for the period ended 31 March 2025

Directors

The directors shown below have held office during the whole of the period from
1 April 2024 to 31 March 2025

S G Winram
T O B Swain
Ms A Jenkins

The above report has been prepared in accordance with the special provisions in part 15 of the Companies Act 2006

This report was approved by the board of directors on
1 December 2025

And signed on behalf of the board by:
Name: S G Winram
Status: Director

Profit And Loss Account

for the Period Ended 31 March 2025

	2025	2024
	£	£
Turnover:	519	455
Cost of sales:	0	0
Gross profit(or loss):	519	455
Distribution costs:	0	0
Administrative expenses:	( 395 )	( 335 )
Other operating income:	0	0
Operating profit(or loss):	124	120
Interest receivable and similar income:	56	36
Interest payable and similar charges:	0	0
Profit(or loss) before tax:	180	156
Tax:	( 34 )	( 29 )
Profit(or loss) for the financial year:	146	127

Balance sheet

As at 31 March 2025

	Notes	2025	2024
		£	£
Called up share capital not paid:		0	0
Fixed assets
Intangible assets:		0	0
Tangible assets:	3	19,216	19,216
Investments:		0	0
Total fixed assets:		19,216	19,216
Current assets
Stocks:		0	0
Debtors:	4	1,358	1,358
Cash at bank and in hand:		4,243	4,078
Investments:		0	0
Total current assets:		5,601	5,436
Prepayments and accrued income:		0	0
Creditors: amounts falling due within one year:	5	( 3,522 )	( 3,503 )
Net current assets (liabilities):		2,079	1,933
Total assets less current liabilities:		21,295	21,149
Creditors: amounts falling due after more than one year:	6	( 19,988 )	( 19,988 )
Provision for liabilities:		0	0
Accruals and deferred income:		0	0
Total net assets (liabilities):		1,307	1,161
Capital and reserves
Called up share capital:		20	20
Share premium account:		0	0
Other reserves:		0	0
Profit and loss account:		1,287	1,141
Total Shareholders' funds:		1,307	1,161

The notes form part of these financial statements

Balance sheet statements

For the year ending 31 March 2025 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The notes form part of these financial statements

Notes to the Financial Statements

for the Period Ended 31 March 2025

• 1. Accounting policies

  Basis of measurement and preparation

  These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

  Turnover policy

  Turnover is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover relates to the collection of ground rents and sundry income.

  Tangible fixed assets depreciation policy

  The directors have not provided depreciation on the company’s freehold property and are taking advantage of the true and fair override, departing from the prescribed treatment in S17 of FRS 102, which requires all tangible fixed assets to be depreciated over their estimated economic lives. This is necessary to give a true and fair view as the value of the freehold is in excess of the book cost of the land and buildings included in these financial statements. Freehold Leasehold property is stated at historic cost and the directors do not consider it appropriate to provide for depreciation as noted above.

  Other accounting policies

  Basis of preparation of financial statements Critical accounting estimates and areas of judgement Going concern Financial instruments Cash and cash equivalents Creditors Taxation

Notes to the Financial Statements

for the Period Ended 31 March 2025

• 2. Employees

  	2025	2024
  Average number of employees during the period	3	3