Asha House Management Company Ltd - Accounts to registrar (filleted)

REGISTERED NUMBER: 06222618 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST AUGUST 2025

FOR

ASHA HOUSE MANAGEMENT COMPANY LTD

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

B S Smith-Hilliard

REGISTERED OFFICE:

Asha House

63 Woodgate

Loughborough

Leicestershire

LE11 2TZ

REGISTERED NUMBER:

06222618 (England and Wales)

ACCOUNTANTS:

Stephenson Nuttall & Co

Chartered Accountants

Ossington Chambers

6-8 Castle Gate

Newark

Nottinghamshire

NG24 1AX

CURRENT ASSETS

Debtors

4

3,640

26,451

Cash at bank

270,384

314,560

274,024

341,011

CREDITORS

Amounts falling due within one year

5

274,024

333,202

NET CURRENT ASSETS

-

7,809

TOTAL ASSETS LESS CURRENT
LIABILITIES

-

7,809

CREDITORS

Amounts falling due after more than one year

6

-

7,809

NET LIABILITIES

-

RESERVES

-

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st August 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st August 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

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 5th May 2026 and were signed by:

B S Smith-Hilliard - Director

1.	STATUTORY INFORMATION

Asha House Management Company Ltd 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.

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 service charge contributions receivable in the period.

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.

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.

Presentation of the income statement

The presentation of the Income Statement has been modified from the prescribed format for company accounts in order to provide more information to leaseholders and other parties who may be interested in the expenditure incurred in the management of the property.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 8 (2024 - 8 ) .

4.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31/8/25

31/8/24

£

Other debtors

250

475

Tax

-

22,796

Prepayments

3,390

3,180

3,640

26,451

5.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31/8/25

31/8/24

£

Bank loans and overdrafts

7,910

10,411

Trade creditors

5,411

2,399

Tax

822

1,153

Other creditors

15,353

13,805

Service Charge Surplus

85,598

120,708

Deferred income

147,312

172,368

Accrued expenses

11,618

12,358

274,024

333,202

6.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31/8/25

31/8/24

£

Bank loans

-

7,809

7.

RESERVES

Income

and

expenditure

account

£

Deficit for the year

(35,110

)

Transfer to Service Charge Surplus

35,110

At 31st August 2025

-

8.	RELATED PARTY DISCLOSURES

During the year, the company was charged management fees of £89,500 (2024 - £84,500) by Birkin Homes Ltd. Mr B S Smith-Hilliard is the sole director and sole shareholder of Birkin Homes Ltd.

9.	LIMIT OF MEMBERS LIABILITY

The liability of the members of the company is limited by guarantee to £1 each.