REGISTERED NUMBER: 04746860 (England and Wales)

REPORT OF THE DIRECTORS AND

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2025

FOR

HERMITAGE COURT (THATCHAM) MANAGEMENT

COMPANY LIMITED

Page

Company Information

1

Report of the Directors

2

Statement of Income and Retained Earnings

3

Statement of Financial Position

4

Notes to the Financial Statements

5

DIRECTORS:

P. Hay

P. J. Jackson

REGISTERED OFFICE:

Henwick Properties

3 High Street

Thatcham

Berks

RG19 3JG

REGISTERED NUMBER:

04746860 (England and Wales)

ACCOUNTANTS:

C B Heslop & Company Limited

Chartered Accountants

1 High Street

Thatcham

Berks

RG19 3JG

The directors present their report with the financial statements of the company for the year ended 31 December 2025.

PRINCIPAL ACTIVITY

The principal activity of the company in the year under review was that of management and administration, on a non profit making basis, on the communal areas relating to the development on behalf of the property owners, lessees or tenants.

DIRECTORS

The directors shown below have held office during the whole of the period from 1 January 2025 to the date of this report.

P. Hay

P. J. Jackson

Other changes in directors holding office are as follows:

V Godson - resigned 20 October 2025

This report has been prepared in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

ON BEHALF OF THE BOARD:

P. J. Jackson - Director

19 May 2026

TURNOVER

101,305

61,317

Administrative expenses

104,454

58,777

OPERATING (DEFICIT)/SURPLUS and

(DEFICIT)/SURPLUS BEFORE TAXATION

(3,149

)

2,540

Tax on (deficit)/surplus

-

-

(DEFICIT)/SURPLUS FOR THE FINANCIAL YEAR

(3,149

)

2,540

RETAINED EARNINGS AT END OF YEAR

(3,149

)

2,540

CURRENT ASSETS

Debtors

4

8,911

11,913

Cash at bank

8,118

10,559

17,029

22,472

CREDITORS

Amounts falling due within one year

5

660

2,954

NET CURRENT ASSETS

16,369

19,518

TOTAL ASSETS LESS CURRENT LIABILITIES

16,369

19,518

RESERVES

Reserve fund for major works

6

16,369

19,518

16,369

19,518

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 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 in accordance with the provisions applicable to companies subject to the small companies regime.

The financial statements were approved by the Board of Directors and authorised for issue on 19 May 2026 and were signed on its behalf by:

P. J. Jackson - Director

1.	STATUTORY INFORMATION

Hermitage Court (Thatcham) 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.

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 Maintenance Charges Receivable in respect of communal expenditure in the ordinary course of business. Value added tax is not charged thereon.

3.	EMPLOYEES AND DIRECTORS

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

4.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.25

31.12.24

£

£

Trade debtors

8,911

6,298

Other debtors

-

5,615

8,911

11,913

5.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.25

31.12.24

£

£

Other creditors

660

2,954

6.

RESERVES

Income

Reserve

and

fund for

expenditure

major

account

works

Totals

£

£

£

At 1 January 2025

-

19,518

19,518

Deficit for the year

(3,149

)

(3,149

)

Surplus/deficit to reserves

3,149

-

3,149

Expenditure during the year

-

(3,149

)

(3,149

)

At 31 December 2025

-

16,369

16,369

7.	RELATED PARTY DISCLOSURES

The company derives its income from its members and incurs all expenses on behalf of and for the ultimate benefit of those members. All transactions are therefore considered to be related party transactions.

8.	LIMITATION OF LIABILITY

The Company is limited by Guarantee.

Every member of the Company undertakes to contribute to the assets of the Company in the event of the same being wound up while he or she is a member, or within one year after he or she ceases to be a member,for the payment of the debts and liabilities of the Company, for the costs and expenses of winding up and for the adjustment of the rights of the contributories amongst themselves. Such amount as may be required not exceeding one pound.