| Larkspur Court Management Limited |
| Registered number: |
01145361 |
| Directors' Report |
|
| The directors present their report and accounts for the year ended 31 March 2025. |
|
| Principal Activity |
| The company's principal activity during the year continued to be that of residential management of the properties at 48 Beddington Gardens, Wallington, Surrey, on a non-profit basis. |
|
| Directors |
| The following persons served as directors of the company during the year: |
|
|
M Kanaparampil |
|
C Lorho |
|
M Martin |
|
A McCreddie |
|
L Newman |
|
D Pronczuk |
|
| Small Company Provisions |
| This report has been prepared in accordance with the provisions in Part 15 of the Companies Act 2006 applicable to companies subject to the small companies regime. |
|
| This report was approved by the board on 1 December 2025 and signed by its order. |
|
|
|
|
| _____________________ |
| R N Harris |
| Secretary |
|
| Larkspur Court Management Limited |
|
| Report to the directors on the preparation of the unaudited statutory accounts of Larkspur Court Management Limited For the Year Ended 31 March 2025 |
| In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Larkspur Court Management Limited For the Year Ended 31 March 2025 which comprise of the Profit and Loss Account, the Balance Sheet, the Statement of Changes in Equity and the related notes from the company’s accounting records and from information and explanations you have given us. |
As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at
http://rulebook.accaglobal.com/ |
| Our work has been undertaken in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at http://www.accaglobal.com/factsheet163. |
|
| N J Ruse and Associates |
| Chartered Certified Accountants |
| Eagle House, Cranleigh Close |
| Sanderstead |
| South Croydon |
| CR2 9LH |
|
| 1 December 2025 |
|
| Larkspur Court Management Limited |
| Registered number: |
01145361 |
| Balance Sheet |
| as at 31 March 2025 |
|
| Notes |
|
|
2025 |
|
|
2024 |
| £ |
£ |
| Fixed Assets |
| Tangible Assets |
3 |
|
|
5,041 |
|
|
5,306 |
|
| Current Assets |
| Debtors |
4 |
|
8,800 |
|
|
4,500 |
| Bank and Cash |
|
|
117,399 |
|
|
108,175 |
|
|
|
126,199 |
|
|
112,675 |
|
| Creditors: amounts falling Due Within One Year |
5 |
|
(909) |
|
|
(1,099) |
|
| Net Current Assets |
|
|
|
125,290 |
|
|
111,576 |
|
| Net Assets |
|
|
|
130,331 |
|
|
116,882 |
|
|
|
|
|
|
|
|
| Capital and Reserves |
| Called Up Share Capital |
|
|
|
240 |
|
|
240 |
| Roof Repair Reserve |
6 |
|
|
77,741 |
|
|
84,461 |
| General Reserve |
|
|
|
52,350 |
|
|
32,181 |
|
| Shareholders' Funds |
|
|
|
130,331 |
|
|
116,882 |
|
|
|
|
|
|
|
|
| The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006. |
| The members have not required the company to obtain an audit in accordance with section 476 of the Act. |
| The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts. |
| The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies. |
|
|
|
| ____________________ |
| A McCreddie |
| Director |
| Approved by the board on 1 December 2025 |
|
| Larkspur Court Management Limited |
| Notes to the Accounts |
| For the Year Ended 31 March 2025 |
|
|
| 1 |
Accounting Policies |
|
|
Basis of Preparation |
|
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard). |
|
|
Turnover |
|
Turnover or sales are the services charges receivable in the year and this includes the amounts collected and transferred to the roof repair reserve |
|
|
Tangible Fixed Assets |
|
Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows: |
|
|
Fire Doors |
5% straight line |
|
Entry Phone |
5% straight line |
|
Equipment |
10% straight line |
|
|
|
Debtors |
|
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts. |
|
|
Creditors |
|
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method. |
|
|
Taxation |
|
A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted. |
|
| 2 |
Employees |
2025 |
|
2024 |
| Number |
Number |
|
|
Average number of persons employed by the company |
0 |
|
0 |
|
|
|
|
|
|
|
|
|
|
| 3 |
Tangible Fixed Assets |
|
|
Fire Door |
|
Entry Phone |
|
Equipment |
|
Total |
| £ |
£ |
£ |
£ |
|
Cost |
|
At 1 April 2024 |
7,165 |
|
4,068 |
|
5,050 |
|
16,283 |
|
At 31 March 2025 |
7,165 |
|
4,068 |
|
5,050 |
|
16,283 |
|
|
|
|
|
|
|
|
|
|
Depreciation |
|
At 1 April 2024 |
3,600 |
|
2,327 |
|
5,050 |
|
10,977 |
|
Charge for the year |
178 |
|
87 |
|
- |
|
265 |
|
At 31 March 2025 |
3,778 |
|
2,414 |
|
5,050 |
|
11,242 |
|
|
|
|
|
|
|
|
|
|
Net Book Values |
|
At 31 March 2025 |
3,387 |
|
1,654 |
|
- |
|
5,041 |
|
At 31 March 2024 |
3,565 |
|
1,741 |
|
- |
|
5,306 |
|
|
| 4 |
Debtors |
2025 |
|
2024 |
| £ |
£ |
|
|
Other Debtors |
8,800 |
|
4,500 |
|
|
|
|
|
|
|
|
|
|
| 5 |
Creditors: Due Within One Year |
2025 |
|
2024 |
| £ |
£ |
|
|
Corporation Tax |
321 |
|
111 |
|
Other Creditors |
588 |
|
988 |
|
|
|
|
|
|
909 |
|
1,099 |
|
|
|
|
|
|
|
|
|
|
| 6 |
Roof Repair Reserve |
2025 |
|
2024 |
| £ |
£ |
|
|
At 1 April 2024 |
84,461 |
|
67,661 |
|
Transfer (to)/from Profit and Loss Account |
(6,720) |
|
16,800 |
|
|
|
|
|
|
- |
|
- |
|
|
At 31 March 2025 |
77,741 |
|
84,461 |
|
|
|
|
|
|
|
|
|
|
| 7 |
Other information |
|
|
Larkspur Court Management Limited is a private company limited by shares and incorporated in England. Its registered office is: |
|
12 Clyde Road |
|
Wallington |
|
Surrey |
|
SM6 8PZ |
|
| Larkspur Court Management Limited |
| Income and Expenditure Account |
| For the Year Ended 31 March 2025 |
|
This page does not form part of the statutory accounts |
|
|
2025 |
|
2024 |
| Income |
£ |
£ |
| Service Charges |
19,200 |
|
19,200 |
| Roof Sinking Fund |
16,800 |
|
16,800 |
| Correction to Service Charges |
400 |
| Turnover per Accounts |
36,400 |
|
36,000 |
|
|
|
|
|
| Expenditure |
| Premises Costs |
|
Ground Maintenance and Cleaning |
4,710 |
|
4,222 |
|
Window Cleaning |
1,050 |
|
875 |
|
Communal Lighting |
2,041 |
|
(37) |
|
Repairs and Maintenance |
2,497 |
|
2,161 |
|
|
10,298 |
|
7,221 |
| General Admin Costs |
|
Insurance |
517 |
|
540 |
|
Depreciation |
265 |
|
280 |
|
Companies House Fee |
34 |
|
13 |
|
Sundry Expenses |
- |
|
60 |
|
|
816 |
|
893 |
| Legal and Professional Fees |
|
Accountancy fees |
588 |
|
588 |
|
Emergency Lights and Alarm Tests |
623 |
|
994 |
|
Managing Agents Fees |
4,800 |
|
4,800 |
|
Roof Surveyor Fees |
6,720 |
|
- |
|
|
12,731 |
|
6,382 |
|
|
|
|
|
|
Total Admin Expenditure |
23,845 |
|
14,496 |
|
|
|
|
|
|
Add: Bank Interest |
1,104 |
|
587 |
|
|
Net Surplus/(Deficit) for the Year |
13,659 |
|
22,091 |
|
|
|
|
|
|
Less: Tax |
(210) |
|
(111) |
|
|
Retained Surplus |
13,449 |
|
21,980 |
|
|
Transfer (to)/from Roof Repair Reserve |
6,720 |
|
(16,800) |
|
|
Transfer to the General Reserve |
(20,169) |
|
(5,180) |
|
|
|
- |
|
- |
|
|
|
|
|