REGISTERED NUMBER: 03267340 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31ST MARCH 2025

FOR

1 & 2 CLIFTON TERRACE MANAGEMENT LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

Mrs A O'Donnell

L McMenemy

Ms L Hamilton

Mrs B R Babb

SECRETARY:

Ms L Hamilton

REGISTERED OFFICE:

1 Lansdowne Avenue

Winchester

Hampshire

SO23 9TL

REGISTERED NUMBER:

03267340 (England and Wales)

ACCOUNTANTS:

Martin and Company

25 St Thomas Street

Winchester

Hampshire

SO23 9HJ

FIXED ASSETS

Tangible assets

4

5,098

5,098

CURRENT ASSETS

Debtors

5

1,633

2,473

Cash at bank

5,674

2,041

7,307

4,514

CREDITORS

Amounts falling due within one year

6

840

780

NET CURRENT ASSETS

6,467

3,734

TOTAL ASSETS LESS CURRENT LIABILITIES

11,565

8,832

CAPITAL AND RESERVES

Called up share capital

6

6

Share premium

75

75

Retained earnings

11,484

8,751

SHAREHOLDERS' FUNDS

11,565

8,832

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st March 2025 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 12th December 2025 and were signed on its behalf by:

Ms L Hamilton - Director

1.	STATUTORY INFORMATION

1 & 2 Clifton Terrace Management 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.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets

Depreciation has not been provided on freehold land and buildings as the directors consider that the residual value is not less than cost.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

3.	EMPLOYEES AND DIRECTORS

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

4.	TANGIBLE FIXED ASSETS

Land and

buildings

£

COST

At 1st April 2024

and 31st March 2025

5,098

NET BOOK VALUE

At 31st March 2025

5,098

At 31st March 2024

5,098

The value of non-depreciable assets amounts to £5,098 (2022: £5,098).

5.

DEBTORS

2025

2024

£

£

Amounts falling due within one year:

Other debtors

133

973

2025

2024

£

£

Amounts falling due after more than one year:

Other debtors

1,500

1,500

Aggregate amounts

1,633

2,473

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Accrued expenses

840

780