Beechcroft Close Management Limited Filleted accounts for Companies House (small and micro)

COMPANY REGISTRATION NUMBER: 04908790

Beechcroft Close Management Limited

Filleted Unaudited Financial Statements

24 March 2025

Beechcroft Close Management Limited

Statement of Financial Position

24 March 2025

	2025	2024
Note	£	£

Current assets

Debtors	6	39,996	50,795
Cash at bank and in hand		59,906	27,985
		---------	---------
		99,902	78,780

Creditors: amounts falling due within one year	7	3,920	11,454
		---------	---------
Net current assets		95,982	67,326
		---------	---------
Total assets less current liabilities		95,982	67,326
		---------	---------
Net assets		95,982	67,326
		---------	---------

Capital and reserves

Called up share capital	50	50
General Reserve Fund	95,932	67,276
	---------	---------
Shareholders funds	95,982	67,326
	---------	---------

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

In accordance with section 444 of the Companies Act 2006, the statement of comprehensive income has not been delivered.

For the year ending 24 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 year in question in accordance with section 476 ;

- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .

Beechcroft Close Management Limited

Statement of Financial Position (continued)

24 March 2025

These financial statements were approved by the board of directors and authorised for issue on 11 December 2025 , and are signed on behalf of the board by:

Mr D Lee Company Secretary

Company registration number: 04908790

Beechcroft Close Management Limited

Notes to the Financial Statements

Year ended 24 March 2025

1. General information

The company is a private company limited by shares, registered in England and Wales. The address of the registered office is Bourne House, 475 Godstone Road, Whyteleafe, Surrey, CR3 0BL.

2. Statement of compliance

These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.

3. Accounting policies

Basis of preparation

The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.

The financial statements are prepared in sterling, which is the functional currency of the entity.

Income tax

The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in profit or loss, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. In this case, tax is recognised in other comprehensive income or directly in equity, respectively. Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.

Deferred tax is recognised in respect of all timing differences at the reporting date. Unrelieved tax losses and other deferred tax assets are recognised 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 that are expected to apply to the reversal of the timing difference.

Financial instruments

A financial asset or a financial liability is recognised only when the entity becomes a party to the contractual provisions of the instrument. Debt instruments are subsequently measured at amortised cost.

4. Bank account

Service charge money was held in trust at Barclays Bank Plc under the title Property Maintenance & Management Services Ltd designated client account RE: Beechcroft Close Management Ltd.

5. Particulars of employees

The average number of persons employed by the company during the year amounted to Nil (2024: Nil).

6. Debtors

	2025	2024
	£	£
Trade debtors	28,752	35,490
Other debtors	11,244	15,305
	---------	---------
	39,996	50,795
	---------	---------

7. Creditors: amounts falling due within one year

	2025	2024
	£	£
Trade creditors	–	8,635
Corporation tax	147	–
Other creditors	3,773	2,819
	-------	---------
	3,920	11,454
	-------	---------

8. General reserve fund

£

As at 24 March 2024 67,276

Transfer from the Income and Expenditure account 40,000

Deficit for the year for residential lessees (2,102)

General Reserve Fund expenditure during the year (9,214)

Prior year surplus refunded ( 28)

As at 23 March 2025 95,932

The General Fund has been established to meet the cost of large, non-regular repair and maintenance work which is expected to arise in the future on behalf of the residential lessees. The present level of this fund may prove insufficient given the uncertainty as to when such costs may arise.

Any shortfall in this fund resulting from expenditure incurred will be charged to the Income and Expenditure account in that year.

9. Summary of costs as required by section 21(5) landlord and

tenant act 1985.

a) Costs charged in the accounts in respect of which no demand for payment was received by the landlord within the service charge period but provision has been made amounted to £42,288.

b) Costs charged in the accounts in respect of which a demand for payment was so received but no payment was made by the landlord within the service charge period amounted to £Nil.

c) Costs charged in the accounts in respect of which a demand for payment was so received and payment was made by the landlord within the service charge period amounted to £100,703.

Total expenditure incurred within the period totals £142,991.