REGISTERED NUMBER: 08008797 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2024

FOR

ROSEMARY GARDENS MORTLAKE

(FREEHOLD) LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

A Coumidis

V Morris

A Chandler

REGISTERED OFFICE:

1 Rushmills

Northampton

Northamptonshire

NN4 7YB

REGISTERED NUMBER:

08008797 (England and Wales)

ACCOUNTANTS:

TC Group

Baird House

Seebeck Place

Knowlhill

Milton Keynes

Buckinghamshire

MK5 8FR

FIXED ASSETS

Tangible assets

4

286,645

286,645

CURRENT ASSETS

Debtors

5

230

61

Cash at bank

27,192

27,013

27,422

27,074

CREDITORS

Amounts falling due within one year

6

6,071

5,384

NET CURRENT ASSETS

21,351

21,690

TOTAL ASSETS LESS CURRENT LIABILITIES

307,996

308,335

CREDITORS

Amounts falling due after more than one year

7

110,145

110,145

NET ASSETS

197,851

198,190

CAPITAL AND RESERVES

Called up share capital

8

39

39

Owners contributions

9

201,462

201,462

Retained earnings

9

(3,650

)

(3,311

)

SHAREHOLDERS' FUNDS

197,851

198,190

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 30 December 2025 and were signed on its behalf by:

A Coumidis - Director

1.	STATUTORY INFORMATION

Rosemary Gardens Mortlake (Freehold) 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 represents ground rent received from non-participating leaseholders.

Tangible fixed assets

All fixed assets are initially recorded at cost.

In preparation of the introduction of Financial Reporting Standard 102, a revaluation of freehold property was undertaken. The company has chosen to elect this valuation of freehold property as deemed cost on transition to FRS102.

Depreciation is not provided on freehold property which is not in accordance with the requirements of FRS 102. The departure is on the grounds that the depreciation charge and related accumulated depreciation balance are not material, owing to a long estimated useful life and high residual value.

3.	EMPLOYEES AND DIRECTORS

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

4.	TANGIBLE FIXED ASSETS

Land and

buildings

£

COST

At 1 January 2024

and 31 December 2024

286,645

NET BOOK VALUE

At 31 December 2024

286,645

At 31 December 2023

286,645

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Ground rent debtors

160

60

Other debtors

1

1

Prepayments and accrued income

69

-

230

61

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Other creditors

5,542

4,951

Accruals and deferred income

-

120

Accrued expenses

349

333

No description

180

(20

)

6,071

5,384

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2024

2023

£

£

Service charge reserves loan

110,145

110,145

Amounts falling due in more than five years:

Repayable otherwise than by instalments

Service charge reserves loan

110,145

110,145

The balance seen relates to a loan received from the service charge reserve fund for Rosemary Gardens Mortlake (Management).

The loan will be repaid from the proceeds of the remaining flats who are expected to participate in the freehold ownership in future years.

8.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2024

2023

value:

£

£

38

Ordinary

£1

39

39

9.

RESERVES

Retained

Owners

earnings

contributions

Totals

£

£

£

At 1 January 2024

(3,311

)

201,462

198,151

Deficit for the year

(339

)

-

(339

)

At 31 December 2024

(3,650

)

201,462

197,812