REGISTERED NUMBER: 03424680 (England and Wales)

THE WELLS MANAGEMENT COMPANY LIMITED

Unaudited Financial Statements

for the Year Ended 31 August 2025

Page

Company Information

1

Balance Sheet

2

to

3

Notes to the Financial Statements

4

to

5

Director:

Mr J Socha

Secretary:

Orchard Block Management Services Ltd

Registered office:

Artisans' House

7 Queensbridge

Northampton

Northamptonshire

NN4 7BF

Registered number:

03424680 (England and Wales)

FIXED ASSETS

Tangible assets

4

3,907

3,907

CURRENT ASSETS

Debtors

5

3,734

3,734

NET CURRENT ASSETS

3,734

3,734

TOTAL ASSETS LESS CURRENT LIABILITIES

7,641

7,641

CAPITAL AND RESERVES

Called up share capital

22

22

Share premium

6

7,678

7,678

Retained earnings

6

(59

)

(59

)

SHAREHOLDERS' FUNDS

7,641

7,641

The company is entitled to exemption from audit under Section 480 of the Companies Act 2006 for the year ended 31 August 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 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 7 November 2025 and were signed by:

Mr J Socha - Director

1.	STATUTORY INFORMATION

The Wells 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.

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.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery etc

-

20% on reducing balance

Debtors and creditors receivable / payable within one year

Debtors and creditors with no stated interest rate and receivable or payable within one year are recorded at transaction price. Any losses arising from impairment are recognised in the income and expenditure account.

Service charge accounts

The company is the headlessor of The Wells and as such acts as a trustee of the statutory trust in respect of service charge monies collected for the maintenance of The Wells. Income and expenditure arising as a result of these transactions is shown in separate service charge accounts for the property including any cash balances held and do not form part of the annual accounts of the company and are not filed at Companies House.

3.	EMPLOYEES AND DIRECTORS

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

4.	TANGIBLE FIXED ASSETS

Plant and

Land and

machinery

buildings

etc

Totals

£

£

£

Cost

At 1 September 2024

and 31 August 2025

3,907

2,109

6,016

Depreciation

At 1 September 2024

and 31 August 2025

-

2,109

2,109

Net book value

At 31 August 2025

3,907

-

3,907

At 31 August 2024

3,907

-

3,907

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Balances held at managing

agents designated account

3,734

3,734

3,734

3,734

6.

RESERVES

Retained

Share

earnings

premium

Totals

£

£

£

At 1 September 2024

(59

)

7,678

7,619

Profit for the year

-

-

At 31 August 2025

(59

)

7,678

7,619