Company No: 01574129 (England and Wales)

Contents

• Company Information
• Accountants' Report
• Balance Sheet
• Notes to the Financial Statements

Directors	Ms S E Chacko
	S A Joshi
	Ms D B Salomon
	V Sebek

Secretary

S A Joshi

Registered office	59 Compayne Gardens
	Hampstead
	London
	NW6 3DB
	United Kingdom

Company number

01574129 (England and Wales)

Accountant	Kreston Reeves LLP
	2nd Floor
	168 Shoreditch High Street
	London
	E1 6RA

Bankers	National Westminster Bank plc
	102 West End Lane
	West Hampstead
	London
	NW6 2LP

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of 59 Compayne Gardens Limited for the financial year ended 31 March 2025 which comprise the Balance Sheet and the related notes 1 to 7 from the Company’s accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at www.icaew.com/regulation.

It is your duty to ensure that 59 Compayne Gardens Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of 59 Compayne Gardens Limited. You consider that 59 Compayne Gardens Limited is exempt from the statutory audit requirement for the financial year.

We have not been instructed to carry out an audit or a review of the financial statements of 59 Compayne Gardens Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

This report is made solely to the Board of Directors of 59 Compayne Gardens Limited, as a body, in accordance with the terms of our engagement letter dated 05 December 2024. Our work has been undertaken solely to prepare for your approval the financial statements of 59 Compayne Gardens Limited and state those matters that we have agreed to state to the Board of Directors of 59 Compayne Gardens Limited, as a body, in this report in accordance with ICAEW Technical Release 07/16 AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than 59 Compayne Gardens Limited and its Board of Directors as a body for our work or for this report.

Kreston Reeves LLP

2nd Floor
168 Shoreditch High Street
London
E1 6RA

10 December 2025

	Note	2025		2024
		£		£
Fixed assets
Tangible assets	3	4,217		4,217
		4,217		4,217
Current assets
Debtors	4	3,439		5,783
Cash at bank and in hand		9,538		6,351
		12,977		12,134
Creditors: amounts falling due within one year	5	( 1,500)		( 1,250)
Net current assets		11,477		10,884
Total assets less current liabilities		15,694		15,101
Creditors: amounts falling due after more than one year		( 4,217)		( 4,217)
Net assets		11,477		10,884
Capital and reserves
Called-up share capital	6	4		4
Profit and loss account		11,473		10,880
Total shareholders' funds		11,477		10,884

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

Directors' responsibilities:

• The members have not required the Company to obtain an audit of its financial statements for the financial year in accordance with section 476;
• The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements; and
• These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime and a copy of the Profit and Loss Account has not been delivered.

The financial statements of 59 Compayne Gardens Limited (registered number: 01574129) were approved and authorised for issue by the Board of Directors on 10 December 2025. They were signed on its behalf by:

S A Joshi Director

1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial year and to the preceding financial year, unless otherwise stated.

General information and basis of accounting

59 Compayne Gardens Limited (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the Company's registered office is 59 Compayne Gardens, Hampstead, London, NW6 3DB, United Kingdom.

The financial statements have been prepared under the historical cost convention, modified to include the revaluation of freehold properties and to include investment properties and certain items at fair value, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.

The financial statements are presented in pounds sterling which is the functional currency of the Company and rounded to the nearest £.

Turnover

Turnover comprises revenue recognised by the company in respect of the management charges received from the flat owners during the year.

Tangible fixed assets

Tangible fixed assets are stated at cost or valuation, net of depreciation and any provision for impairment. Depreciation is provided on all tangible fixed assets, other than investment property and freehold land, at rates calculated to write off the cost or valuation, less estimated residual value, of each asset on a straight-line or reducing balance basis over its expected useful life, as follows:

Land and buildings

not depreciated

Residual value represents the estimated amount which would currently be obtained from disposal of an asset, after deducting estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life.

The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to profit or loss.

Trade and other debtors

Trade and other debtors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest method less impairment losses for bad and doubtful debts, except where the effect of discounting would be immaterial. In such cases the receivables are stated at cost less impairment losses for bad and doubtful debts.

Cash and cash equivalents

Cash and cash equivalents are basic financial assets and include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in creditors: amounts falling due within one year.

Trade and other creditors

The short term creditors are measured at the transaction price.

2. Employees

	2025		2024
	Number		Number
Monthly average number of persons employed by the Company during the year, including directors	4		4

3. Tangible assets

	Land and buildings		Total
	£		£
Cost
At 01 April 2024	4,217		4,217
At 31 March 2025	4,217		4,217
Accumulated depreciation
At 01 April 2024	0		0
At 31 March 2025	0		0
Net book value
At 31 March 2025	4,217		4,217
At 31 March 2024	4,217		4,217

4. Debtors

	2025		2024
	£		£
Other debtors	3,439		5,783

5. Creditors: amounts falling due within one year

	2025		2024
	£		£
Other creditors	1,500		1,250

6. Called-up share capital

	2025		2024
	£		£
Allotted, called-up and fully-paid
4 Ordinary shares of £ 1.00 each	4		4

7. Ultimate controlling party

The directors are also the shareholders of the company and are therefore considered to control the company.