REGISTERED NUMBER: 05392092 (England and Wales)

158-168 Old Road Crayford (Even Nos.)

Management Co. Limited

Unaudited Financial Statements for the Year Ended 31 March 2025

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

3

DIRECTORS:

N Jaye

Ms L R McDermott

SECRETARY:

P Gonzalez Nunez

REGISTERED OFFICE:

158 Old Road

Crayford

Bexley

Kent

DA1 4DY

REGISTERED NUMBER:

05392092 (England and Wales)

ACCOUNTANTS:

Aggarwal & Co

Chartered Accountants

5 London Road

Rainham

Gillingham

Kent

ME8 7RG

FIXED ASSETS

Tangible assets

4

19,347

23,216

CURRENT ASSETS

Cash at bank

11,284

3,565

CREDITORS

Amounts falling due within one year

5

1,198

763

NET CURRENT ASSETS

10,086

2,802

TOTAL ASSETS LESS CURRENT LIABILITIES

29,433

26,018

CAPITAL AND RESERVES

Called up share capital

3

3

Capital reserve

3,101

-

Retained earnings

26,329

26,015

SHAREHOLDERS' FUNDS

29,433

26,018

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 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 11 December 2025 and were signed on its behalf by:

N Jaye - Director

1.	STATUTORY INFORMATION

158-168 Old Road Crayford (Even Nos.) Management Co. 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.

The presentation currency of the financial statements is the Pound Sterling (£).

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.

Income recognition

Turnover represents management charges and ground rents receivable.

Tangible fixed assets

The company owns the freehold to a number of dwellings that are leased to the residents under long-term leases. No depreciation is provided in respect of the company's freehold interest in the buildings.

Financial instruments

The Company enters into basic financial instruments that result in the recognition of financial assets and liabilities like trade and other accounts receivable and payable, loans from banks and other third parties and loans to related parties.

Basic financial instruments are recognised at amortised cost.

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 1 April 2024

23,216

Disposals

(3,869

)

At 31 March 2025

19,347

NET BOOK VALUE

At 31 March 2025

19,347

At 31 March 2024

23,216

5.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Taxation and social security

390

-

Other creditors

808

763

1,198

763

6.	LEASE EXTENSION PREMIUM

During the year the company, in its capacity as freeholder of the property, granted a lease extension to an existing leaseholder. A premium of £7,360 was received in consideration for the extension of the lease term.

The receipt has been treated as a capital transaction arising from the disposal of part of the company’s freehold reversionary interest. Due to the company's non-profit-distributing status, the premium has been credited directly to the Capital Reserve and does not form part of the company’s operating activities or service charge income.

Costs directly attributable to the transaction have been set against the premium in arriving at the chargeable gain for corporation tax purposes.

The funds will be applied for the long-term benefit of the property and its leaseholders, including capital maintenance and future major works.