REGISTERED NUMBER: 02064317 (England and Wales)

QUEENS ROAD (BLOCK B)

MANAGEMENT COMPANY LIMITED

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31ST MARCH 2025

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

B.A. Millan

SECRETARY:

Maison Residential Limited

REGISTERED OFFICE:

22, Courtland Avenue,

North Chingford,

London,

E4 6DU

REGISTERED NUMBER:

02064317 (England and Wales)

ACCOUNTANTS:

Cobbin Floyd Ltd

t/as Findlay Wetherfield Scott & Co.

Chartered Accountants

137, Station Road

Chingford,

London

E4 6AG

MANAGING AGENTS:

Maison Residential Limited

22 Courtland Avenue,

North Chingford,

London,

E4 6DU

CURRENT ASSETS

Debtors

4

879

326

Cash at bank

13,997

14,775

14,876

15,101

CREDITORS

Amounts falling due within one year

5

(10,676

)

(10,901

)

NET CURRENT ASSETS

4,200

4,200

TOTAL ASSETS LESS CURRENT LIABILITIES

4,200

4,200

CREDITORS

Amounts falling due after more than one year

6

(4,200

)

(4,200

)

NET LIABILITIES

-

-

CAPITAL AND RESERVES

Called up share capital

21

21

Retained earnings

(21

)

(21

)

SHAREHOLDERS' FUNDS

-

-

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 director acknowledges her 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 director and authorised for issue on 22nd May 2025 and were signed by:

B.A. Millan - Director

1.	STATUTORY INFORMATION

Queens Road (Block B) 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.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax

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

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

3.	EMPLOYEES AND DIRECTORS

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

4.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Owed by lessees for

service charges levied

879

326

879

326

5.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Excess received from lessees

for service charges levied

4,666

2,855

Held by company

in Trust for lessees

4,017

6,384

Accrued expenses

1,993

1,662

10,676

10,901

6.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Deposits due to lessees

4,200

4,200

The deposits received from the lessees are due to be refunded on either the original lease expiry date of 7th November 2085 or any later expiry date, if the original lease has been extended.

7.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

As each director is also a lessee of the property, service charges and interest were levied on normal commercial terms. The service charges due by each director and the balances due either to, or by, the lessee as at the year end date are as shown below.

2025

2024

£

£

B.A. Millan

Services charges, etc.

854

854

Balance due to (by) the lessee at the year end date

-

-

Service charges and supplementary service charges shown above only relate to the period each individual was a director. None of these transactions are with the company directly but they are with the company acting as agent on behalf of the lessees.

8.	RELATED PARTY DISCLOSURES

There is no overall controlling party. Each lessee owns 1 ordinary issued share in the company.