Shelbourne Place (Freehold) Limited - Accounts to registrar (filleted)

REGISTERED NUMBER: 14059202 (England and Wales)

SHELBOURNE PLACE (FREEHOLD) LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED

31 DECEMBER 2025

Page

Company information

1

Balance sheet

2

Notes to the financial statements

4

Chartered accountants' report

6

DIRECTORS:

Miss E Batteson

Ms A Swift

Ms D Riley

M R Proudfoot

D Gregory

SECRETARY:

Southern Counties Management Limited

REGISTERED OFFICE:

C/o Southern Counties Management Limited

Eden House

Enterprise Way

Edenbridge

Kent

TN8 6HF

REGISTERED NUMBER:

14059202 (England and Wales)

ACCOUNTANTS:

Berringers LLP

Chartered Accountants

Lygon House

50 London Road

Bromley

Kent

BR1 3RA

FIXED ASSETS

Tangible assets

4

319,669

323,089

CURRENT ASSETS

Debtors

5

3,500

2,727

Cash at bank and in hand

109,089

72,998

112,589

75,725

CREDITORS

Amounts falling due within one year

6

3,029

12,753

NET CURRENT ASSETS

109,560

62,972

TOTAL ASSETS LESS CURRENT
LIABILITIES

429,229

386,061

CAPITAL AND RESERVES

Called up share capital

7

27

Sinking Fund

66,587

44,691

Lift Fund

47,199

38,779

Ground Rent Fund

2,805

1,815

Retained earnings

312,611

300,749

SHAREHOLDERS' FUNDS

429,229

386,061

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 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 18 May 2026 and were signed on its behalf by:

Miss E Batteson - Director

1.	STATUTORY INFORMATION

Shelbourne Place (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 is represented by maintenance contributions receivable during the year.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Freehold property

-

not provided

Taxation

The company is treated for corporation tax purposes as being mutually trading and is not liable to UK corporation tax on its trading profits. Investment income and non-mutual trading income is chargeable to corporation tax.

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.

3.	EMPLOYEES AND DIRECTORS

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

4.	TANGIBLE FIXED ASSETS

Freehold

property

£

COST

At 1 January 2025

323,089

Reclassification/transfer

(3,420

)

At 31 December 2025

319,669

NET BOOK VALUE

At 31 December 2025

319,669

At 31 December 2024

323,089

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

Other debtors

3,500

2,727

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

Trade creditors

1,668

7,808

Other creditors

1,361

4,945

3,029

12,753

7.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2025

2024

value:

£

27

Ordinary

£1

27

8.	CASH AT BANK

The bank balance, representing service charge monies received by a residential management company in accordance with the terms of the lease agreement, is held in a statutory trust under Section 42 of the Landlord and Tenant Act 1987. It is not an asset of the company, however, until the overall correct accounting treatment of residential management companies has been finalised under Financial Reporting Exposure Draft 50 (Residential Management Companies' Financial Statements), draft Financial Reporting Council Abstract 1, the directors have decided that it should remain in the balance sheet.

The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance sheet. Readers are cautioned that the Income statement and certain other primary statements and the Report of the directors are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Shelbourne Place (Freehold) Limited for the year ended 31 December 2025 which comprise the Income statement, Balance sheet and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the Board of Directors of Shelbourne Place (Freehold) Limited, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Shelbourne Place (Freehold) Limited and state those matters that we have agreed to state to the Board of Directors of Shelbourne Place (Freehold) Limited, as a body, in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Shelbourne Place (Freehold) Limited and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that Shelbourne Place (Freehold) Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Shelbourne Place (Freehold) Limited. You consider that Shelbourne Place (Freehold) Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Shelbourne Place (Freehold) Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

Berringers LLP

Chartered Accountants

Lygon House

50 London Road

Bromley

Kent

BR1 3RA

18 May 2026