IRIS Accounts Production v25.2.0.378 02128819 Board of Directors 1.4.24 31.3.25 31.3.25 false true false false true false iso4217:GBP iso4217:USD iso4217:EUR xbrli:shares xbrli:pure utr:tonnes utr:kWh 02128819 2024-03-31 02128819 2025-03-31 02128819 2024-04-01 2025-03-31 02128819 2023-03-31 02128819 2023-04-01 2024-03-31 02128819 2024-03-31 02128819 ns15:EnglandWales 2024-04-01 2025-03-31 02128819 ns14:PoundSterling 2024-04-01 2025-03-31 02128819 ns10:Director1 2024-04-01 2025-03-31 02128819 ns10:CompanyLimitedByGuarantee 2024-04-01 2025-03-31 02128819 ns10:SmallEntities 2024-04-01 2025-03-31 02128819 ns10:AuditExempt-NoAccountantsReport 2024-04-01 2025-03-31 02128819 ns10:SmallCompaniesRegimeForDirectorsReport 2024-04-01 2025-03-31 02128819 ns10:SmallCompaniesRegimeForAccounts 2024-04-01 2025-03-31 02128819 ns10:FullAccounts 2024-04-01 2025-03-31 02128819 ns10:Director2 2024-04-01 2025-03-31 02128819 ns10:Director3 2024-04-01 2025-03-31 02128819 ns10:Director4 2024-04-01 2025-03-31 02128819 ns10:CompanySecretary1 2024-04-01 2025-03-31 02128819 ns10:RegisteredOffice 2024-04-01 2025-03-31 02128819 ns5:CurrentFinancialInstruments 2025-03-31 02128819 ns5:CurrentFinancialInstruments 2024-03-31 02128819 ns5:Non-currentFinancialInstruments 2025-03-31 02128819 ns5:Non-currentFinancialInstruments 2024-03-31 02128819 ns5:CostValuation ns5:UnlistedNon-exchangeTraded 2024-03-31 02128819 ns5:UnlistedNon-exchangeTraded 2025-03-31 02128819 ns5:UnlistedNon-exchangeTraded 2024-03-31 02128819 ns5:WithinOneYear ns5:CurrentFinancialInstruments 2025-03-31 02128819 ns5:WithinOneYear ns5:CurrentFinancialInstruments 2024-03-31 02128819 ns5:Non-currentFinancialInstruments 2024-04-01 2025-03-31

REGISTERED NUMBER: 02128819 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 March 2025

for

SAXON COURT MANAGEMENT COMPANY LIMITED

SAXON COURT MANAGEMENT COMPANY LIMITED (REGISTERED NUMBER: 02128819)

Contents of the Financial Statements

for the Year Ended 31 March 2025

Page |

Company Information | 1 |

Balance Sheet | 2 |

Notes to the Financial Statements | 4 |

SAXON COURT MANAGEMENT COMPANY LIMITED

Company Information

for the Year Ended 31 March 2025

| DIRECTORS: | I A Campbell

| E W Kemble

| R G S Maclean

| Ms A L Mcewan

| SECRETARY: | Hive Company Secretarial Services Limited

| REGISTERED OFFICE: | 338 London Road

| Portsmouth

| Hampshire

| PO2 9JY

| REGISTERED NUMBER: | 02128819 (England and Wales)

| ACCOUNTANTS: | MDJ Services Limited

| Haines & Co Accountants

| Carlton House

| 28-29 Carlton Terrace

| Portslade

| Brighton

| BN41 1UR

SAXON COURT MANAGEMENT COMPANY LIMITED (REGISTERED NUMBER: 02128819)

Balance Sheet

31 March 2025

| 31.3.25 | 31.3.24 |

| Notes | £ | £ | £ | £ |

FIXED ASSETS

Investments | 4 | 5,025 |  | 5,025 |  |

CURRENT ASSETS

Stocks | 1,450 |  | 1,450 |  |

Debtors | 5 | 58,077 |  | 45,825 |  |

Cash at bank and in hand | 448,499 |  | 377,291 |  |

508,026 |  | 424,566 |  |

CREDITORS

Amounts falling due within one year | 6 | 49,362 |  | 45,748 |  |

NET CURRENT ASSETS | 458,664 |  | 378,818 |  |

TOTAL ASSETS LESS CURRENT LIABILITIES | 463,689 |  | 383,843 |  |

CREDITORS

Amounts falling due after more than one year | 7 | 463,689 |  | 383,843 |  |

NET LIABILITIES | - |  | - |  |

RESERVES

- |  | - |  |

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 surplus or deficit 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.

SAXON COURT MANAGEMENT COMPANY LIMITED (REGISTERED NUMBER: 02128819)

Balance Sheet - continued

31 March 2025

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 25 February 2026 and were signed on its behalf by:

R G S Maclean - Director

SAXON COURT MANAGEMENT COMPANY LIMITED (REGISTERED NUMBER: 02128819)

Notes to the Financial Statements

for the Year Ended 31 March 2025

1. | STATUTORY INFORMATION

| Saxon Court Management Company Limited is a private company, limited by guarantee , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

| The presentation currency of the financial statements is the Pound Sterling (£).

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 is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

| Stocks

| Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

| 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.

| Hire purchase and leasing commitments

| Rentals paid under operating leases are charged to surplus or deficit on a straight line basis over the period of the lease.

| Pension costs and other post-retirement benefits

| The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. | EMPLOYEES AND DIRECTORS

| The average number of employees during the year was 14 (2024 - 14 ) .

SAXON COURT MANAGEMENT COMPANY LIMITED (REGISTERED NUMBER: 02128819)

Notes to the Financial Statements - continued

for the Year Ended 31 March 2025

4. | FIXED ASSET INVESTMENTS

| Unlisted

| investments

£ |

| COST

| At 1 April 2024

| and 31 March 2025 | 5,025 |  |

| NET BOOK VALUE

| At 31 March 2025 | 5,025 |  |

| At 31 March 2024 | 5,025 |  |

| Investment consists of 3,750 ordinary shares in Retirement Security Ltd, cost £Nil (2023 - £Nil). The directors do not consider that there is any change to the valuation at the balance sheet date.

5. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |

| 31.3.25 |  | 31.3.24

£ | £ |

| Trade debtors | 44,716 |  | 44,249 |  |

| Other debtors | 13,361 |  | 1,576 |  |

58,077 |  | 45,825 |  |

6. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |

| 31.3.25 |  | 31.3.24

£ | £ |

| Trade creditors | 27,040 |  | 11,246 |  |

| Taxation and social security | 4,226 |  | 5,356 |  |

| Other creditors | 18,096 |  | 29,146 |  |

49,362 |  | 45,748 |  |

7. | CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR |

| 31.3.25 |  | 31.3.24

£ | £ |

| Other creditors | 463,689 |  | 383,843 |  |

SAXON COURT MANAGEMENT COMPANY LIMITED (REGISTERED NUMBER: 02128819)

Notes to the Financial Statements - continued

for the Year Ended 31 March 2025

7. | CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR - continued

|  | 31.3.25 |  |  | 31.3.24 |  |

| Funds for future maintenance |  | £ |  |  | £ |  |

| Fund brought forward |  | 371,891 |  |  | 298,664 |  |

| Expenditure in year deducted from the maintenance reserve |  | (9,981 | ) |  | (6,853 | ) |

| Net surpluses transferred to the maintenance reserve |  | 55,928 |  |  | 80,080 |  |

| Fund carried forward |  | 417,838 |  |  | 371,891 |  |

|  | 31.3.25 |  |  | 31.3.24 |  |

| Surplus/Deficit reserve fund |  | £ |  |  | £ |  |

| Fund brought forward |  | 11,952 |  |  | (12,670 | ) |

| Net surplus / (deficit) transferred |  | 33,899 |  |  | 24,622 |  |

| Fund carried forward |  | 45,851 |  |  | 11,952 |  |

| Total other creditors |  | 463,689 |  |  | 383,843 |  |

8. | FINANCIAL COMMITMENTS, GUARANTEES AND CONTINGENT LIABILITIES

| The company has contingent liabilities to be covered by the funds held on behalf of the lessees for future maintenance of buildings, for external decoration and the periodic replacement of the furniture and fittings in communal areas.

9. | DIRECTORS' TRANSACTIONS

| All of the directors are owners of properties within Saxon Court Management Company Limited. They are charged with normal service charges and also for any additional services they may require from time to time, at exactly the same rate as other owners. Any amounts due to the company from the directors at 31 March 2025 have been paid since that date.

10. | MEMBERS' LIABILITY

| The company is limited by guarantee, not having a share capital and consequently the liability of members is limited, subject to an undertaking by each member to contribute to the net assets or liabilities of the company on winding up such amounts as may be required not exceeding £1.