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Company Registration No. 14628569 (England and Wales)
Terminus Management Ltd Unaudited accounts for the year ended 31 January 2025
Terminus Management Ltd Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
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Terminus Management Ltd Company Information for the year ended 31 January 2025
Director
Richard Voke
Company Number
14628569 (England and Wales)
Registered Office
21 Cranhurst Road London NW2 4LJ England
Accountants
Cornerstone Accountancy Ltd 23 Summers Lane North Finchley London N12 0PE
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Terminus Management Ltd Statement of financial position as at 31 January 2025
2025 
2024 
Notes
£ 
£ 
Fixed assets
Tangible assets
4
25,334 
32,038 
Investment property
5
559,900 
559,900 
585,234 
591,938 
Current assets
Cash at bank and in hand
5,978 
- 
Creditors: amounts falling due within one year
6
(244,058)
(231,355)
Net current liabilities
(238,080)
(231,355)
Total assets less current liabilities
347,154 
360,583 
Creditors: amounts falling due after more than one year
7
(399,995)
(399,995)
Net liabilities
(52,841)
(39,412)
Capital and reserves
Profit and loss account
(52,841)
(39,412)
Shareholders' funds
(52,841)
(39,412)
For the year ending 31 January 2025 the company was entitled to exemption from audit 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 director acknowledges his 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 1 December 2025 and were signed on its behalf by
Richard Voke Director Company Registration No. 14628569
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Terminus Management Ltd Notes to the Accounts for the year ended 31 January 2025
1
Statutory information
Terminus Management Ltd is a private company, limited by shares, registered in England and Wales, registration number 14628569. The registered office is 21 Cranhurst Road, London, NW2 4LJ, England.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Fixtures & fittings
20% straight line
4
Tangible fixed assets
Fixtures & fittings 
£ 
Cost or valuation
At cost 
At 1 February 2024
40,047 
Additions
1,350 
At 31 January 2025
41,397 
Depreciation
At 1 February 2024
8,009 
Charge for the year
8,054 
At 31 January 2025
16,063 
Net book value
At 31 January 2025
25,334 
At 31 January 2024
32,038 
5
Investment property
2025 
£ 
Fair value at 1 February 2024
559,900 
At 31 January 2025
559,900 
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Terminus Management Ltd Notes to the Accounts for the year ended 31 January 2025
6
Creditors: amounts falling due within one year
2025 
2024 
£ 
£ 
Other creditors
104,900 
104,900 
Loans from directors
139,158 
126,455 
244,058 
231,355 
7
Creditors: amounts falling due after more than one year
2025 
2024 
£ 
£ 
Bank loans
399,995 
399,995 
An outstanding loan of £399,995 was due to The Mortgage Lender Ltd. The loan is secured against the Company's freehold interest in a property in Selborne Gardens, London NW4.
8
Average number of employees
During the year the average number of employees was 1 (2024: 1).
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