Althorpe Grove Freehold Limited - Accounts to registrar (filleted)

REGISTERED NUMBER: 04286948 (England and Wales)

Unaudited Financial Statements

For The Year Ended 31 March 2025

for

ALTHORPE GROVE FREEHOLD LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

L R S E Sinclair

C R Dawnay

L A Hemmings

B T Richmond

A J Stead

J E P Larkin

N A Young

Ms E K Rees

REGISTERED OFFICE:

Unit 16

Northfields Prospect Business Centre

Putney Bridge Road

London

SW18 1PE

REGISTERED NUMBER:

04286948 (England and Wales)

ACCOUNTANTS:

LBCo Ltd

T/A Lees-Buckley & Co

16 Northfields Prospect

Putney Bridge Road

London

SW18 1PE

FIXED ASSETS

Investment property

4

19,036

CURRENT ASSETS

Debtors

5

413,697

406,581

CREDITORS

Amounts falling due within one year

6

107,488

86,655

NET CURRENT ASSETS

306,209

319,926

TOTAL ASSETS LESS CURRENT
LIABILITIES

325,245

338,962

PROVISIONS FOR LIABILITIES

7

257,306

271,023

NET ASSETS

67,939

CAPITAL AND RESERVES

Called up share capital

8

85

Share premium

9

3,249

Other reserves

9

76,400

Retained earnings

9

(11,795

)

(11,795

)

SHAREHOLDERS' FUNDS

67,939

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 January 2026 and were signed on its behalf by:

A J Stead - Director

1.	STATUTORY INFORMATION

Althorpe Grove 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

The financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and the 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, with the exception that the freehold land and buildings have been stated at cost and have not been measured at fair value.

Investment property

Investment property is shown at book value. (Note 6)

3.	EMPLOYEES AND DIRECTORS

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

4.	INVESTMENT PROPERTY

Total

£

COST

At 1 April 2024

and 31 March 2025

19,036

NET BOOK VALUE

At 31 March 2025

19,036

At 31 March 2024

19,036

The company owns the freehold of the Althorpe Grove Estate, London SW11 which is stated at cost.

In the opinion of the directors, whilst fair value at 31st March 2025 was substantially in excess of cost, the expense of carrying out a valuation would have been out of proportion to any possible value to members.

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

Lessee arrears

40,407

41,411

Monies held by managing agents

- service charge

320,062

311,554

Monies held by managing agents

- company

48,902

44,294

Sundry debtors and prepayments

4,326

9,322

413,697

406,581

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

Payments on account

41,089

40,538

Lessee account balances

28,717

6,831

Sundry creditors

550

20,550

Trade Creditors

5,034

933

Income tax

854

675

Corporation Tax

-

391

Other creditors

2,500

1,238

Accrued expenses

28,744

15,499

107,488

86,655

7.	PROVISIONS FOR LIABILITIES

Service Charge Reserves:

165-199

Althorpe

Battersea

39-49

13-20

Grove

1-20

1-32

21-38

Church

Sunbury

Althorpe

External

Sunbury

Granfield

Sunbury

Road

Lane

Mews

Areas

Lane

Street

Lane

£

Brought forward

36,443

20,815

16,947

85,867

60,200

35,053

15,698

Interest received
net of tax

0

3,068

0

Transfer
to/(from) reserve

3,068

(369

)

2,163

18,242

(40,086

)

(3,155

)

3,352

39,511

20,446

19,110

107,177

20,114

31,898

19,050

Service Charge Reserves Summary:

31.3.25

31.3.24

Total

£

Brought forward

271,023

252,552

Interest received net of tax

3,068

2,352

Transfer to profit and loss account

0

Transfer (from)/To service charge funds

(16,785

)

16,119

257,306

271,023

The managed mansion blocks reserves are held on behalf of the respective flats in each block.

The external area reserve is held on behalf of the 111 contributors to the external areas service charges.

8.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.3.25

31.3.24

value:

£

85

Ordinary

£1

85

9.

RESERVES

Retained

Share

Other

earnings

premium

reserves

Totals

£

At 1 April 2024

(11,795

)

3,249

76,400

67,854

Profit for the year

-

At 31 March 2025

(11,795

)

3,249

76,400

67,854