REGISTERED NUMBER: 01378681 (England)

Unaudited Financial Statements

For The Year Ended 31 December 2024

for

THIRTY TWO BOLTON GARDENS RESIDENTS

ASSOCIATION LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

C E Dickson

A M Mcintyre

K E Rosen

A Swift

C D Knapp

REGISTERED OFFICE:

Unit 16

Northfields Prospect Business Centre

Putney Bridge Road

London

SW18 1PE

REGISTERED NUMBER:

01378681 (England)

ACCOUNTANTS:

LBCo Ltd

T/A Lees-Buckley & Co

16 Northfields Prospect

Putney Bridge Road

London

SW18 1PE

FIXED ASSETS

Investment property

4

14

14

CURRENT ASSETS

Debtors

5

230,751

185,674

CREDITORS

Amounts falling due within one year

6

229,435

184,358

NET CURRENT ASSETS

1,316

1,316

TOTAL ASSETS LESS CURRENT LIABILITIES

1,330

1,330

CREDITORS

Amounts falling due after more than one year

7

1,316

1,316

NET ASSETS

14

14

CAPITAL AND RESERVES

Called up share capital

8

14

14

SHAREHOLDERS' FUNDS

14

14

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2024 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 19 December 2025 and were signed on its behalf by:

K E Rosen - Director

1.	STATUTORY INFORMATION

Thirty Two Bolton Gardens Residents Association Limited is a private company, limited by shares , registered in England. 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.

Service Charge Balances

The company is trustee for the service charge of its freehold property and related expenditure is commissioned in its own (company) name. Accordingly, and whilst service charge income and expenditure have been excluded from the Profit and Loss Account, related assets and liabilities are recorded in the Balance Sheet with movement therein shown in notes to the financial statements.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2023 - NIL).

4.	INVESTMENT PROPERTY

Total

£

COST

At 1 January 2024

and 31 December 2024

14

NET BOOK VALUE

At 31 December 2024

14

At 31 December 2023

14

The company owns the freehold reversion of 32 and 33 Bolton Gardens, London SW5 subject to long leases granted to all flats. In the opinion of the directors at 31st December 2024 there was no material difference between the book and fair value of the property.

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.24

31.12.23

£

£

Lessee arrears

5,776

980

Other debtors

5,109

1,959

Funds held by managing agents

213,814

177,480

Prepayments

6,052

5,255

230,751

185,674

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.24

31.12.23

£

£

Lessee account balances

15,508

27,760

Service charge surplus/

company expenses balance

due (Note 3)

11,010

6,665

Trade creditors

2,189

3,266

Service charge reserve fund

(Note 11)

180,021

140,021

Other creditors

3,650

3,572

Accrued expenses

17,057

3,074

229,435

184,358

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.12.24

31.12.23

£

£

Members' loans to fund freehold purchase

1,316

1,316

Repayable at the discretion of the directors to the shareholders at the time of repayment.

8.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.12.24

31.12.23

value:

£

£

14

Ordinary

£1

14

14

9.	SERVICE CHARGE RESERVE FUND

31.12.24

31.12.23

£

£

Balance at 01.01.24

140,021

115,021

Reserve demanded in the year

40,000

25000

Balance at 31.12.24

180,021

140,,021