The Firs (High Street) Management Company Limited

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—4

Registered number: 09730077

		2025		2024
	Notes	£	£	£	£
CURRENT ASSETS
Debtors	4	7,820		9,604
Cash at bank and in hand		4,782		8,118

		12,602		17,722
Creditors: Amounts Falling Due Within One Year	5	-		(364 )

NET CURRENT ASSETS (LIABILITIES)			12,602		17,358

TOTAL ASSETS LESS CURRENT LIABILITIES			12,602		17,358

NET ASSETS			12,602		17,358

Income and Expenditure Account			12,602		17,358

MEMBERS' FUNDS			12,602		17,358

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The Firs (High Street) Management Company Limited

Balance Sheet (continued)

As At 31 August 2025

For the year ending 31 August 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Income and Expenditure Account.

On behalf of the board

Mr Alexander Mulholland

Director

06/04/2026

The notes on pages 3 to 4 form part of these financial statements.

1. General Information

The Firs (High Street) Management Company Limited is a private company, limited by guarantee, incorporated in England & Wales,

registered number 09730077 .

The registered office is 216 Banbury Road, Oxford, OX2 7BY.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

2.2. Turnover

Turnover represents service charges levied on residents based on budget expenditure for the year.

This company is not registered for VAT.

Residential managment transactions

A statutory trust is imposed over service charge monies received under Section 42 of the Landlord and Tenant

Act 1987 and the company therefore acts as a trustee in this capacity.

As such the closing balance of cash and other assets are held in trust by the company.

2.3. Taxation

The company is a non-profit making enterprise and surpluses or deficits arising as a result of differences between service charges levied (based on estimated costs) and actual costs incurred do not fall within the scope of corporation tax.

Tax is payable on investment income only

3. Average Number of Employees

Average number of employees, including directors, during the year was: NIL (2024: NIL)

4. Debtors

	2025	2024
	£	£
Due within one year
Trade debtors	7,040	8,306
Other debtors	780	1,298

	7,820	9,604

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The Firs (High Street) Management Company Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 August 2025

5. Creditors: Amounts Falling Due Within One Year

	2025	2024
	£	£
Other creditors	-	364

6. Company limited by guarantee

The company is limited by guarantee and has no share capital.

Every member of the company undertakes to contribute to the assets of the company, in the event of a winding up, such an amount as may be required not exceeding £1.

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