| Courtland Property Management Ltd |
| Registered number: |
04015954 |
| Balance Sheet |
| as at 30 September 2025 |
|
| Notes |
|
|
2025 |
|
|
2024 |
| £ |
£ |
| Fixed assets |
| Tangible assets |
3 |
|
|
319,093 |
|
|
319,093 |
|
| Current assets |
| Debtors |
4 |
|
11,863 |
|
|
11,294 |
| Cash at bank and in hand |
|
|
190,293 |
|
|
205,687 |
|
|
|
202,156 |
|
|
216,981 |
|
| Creditors: amounts falling due within one year |
5 |
|
(7,975) |
|
|
(6,808) |
|
| Net current assets |
|
|
|
194,181 |
|
|
210,173 |
|
| Net assets |
|
|
|
513,274 |
|
|
529,266 |
|
|
|
|
|
|
|
|
| Capital and reserves |
| Called up share capital |
6 |
|
|
72 |
|
|
72 |
| Share premium |
7 |
|
|
352,576 |
|
|
352,576 |
| Other reserves |
8 |
|
|
26,183 |
|
|
26,183 |
| General reserves |
9 |
|
|
134,443 |
|
|
150,435 |
|
| Total reserves |
|
|
|
513,274 |
|
|
529,266 |
|
|
|
|
|
|
|
|
|
| The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006. |
| The members have not required the company to obtain an audit in accordance with section 476 of the Act. |
| The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts. |
| The accounts have been prepared in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies. |
|
|
|
| D P Whitehead |
| Director |
| Approved by the board on 4 June 2026 |
|
| Courtland Property Management Ltd |
| Notes to the Accounts |
| for the year ended 30 September 2025 |
|
| 1 |
Accounting policies |
|
|
Basis of preparation |
|
The accounts have been prepared in accordance with the provisions of the lease and have been prepared on the accruals basis. |
|
|
Income |
|
Income represents the value, of service charges due from residents during the period. Where residents pay in advance these advance charges are shown under creditors. Where residents are late paying the service charges these are shown as debtors. |
|
|
Service charge bank account |
|
All service charge monies are kept in a designated bank account with NatWest Bank. |
|
|
Financial Reporting |
|
The company holds the service charges on trust on behalf of the residents. The directors deal with the day to day management of the company. Consequently, the company does not report the service charge income as part of its own income and expenditure, but accounts for it separately. The company submits its own dormant accounts showing no activity. |
|
|
General Reserve |
|
The Directors make provision each year for the general dilapidations of the common parts by transfer to the capital reserve. In due course the dilapidations will require remedial works and this prudent approach is made to ensure sufficient funds are available to meet the liability as it arises. |
|
|
|
| 2 |
Employees |
2025 |
|
2024 |
| Number |
Number |
|
|
Average number of persons employed by the company |
- |
|
- |
|
|
|
|
|
|
|
|
|
|
|
|
| 3 |
Tangible fixed assets |
|
|
|
|
|
|
|
|
Freehold property |
| £ |
|
Cost |
|
At 1 October 2024 |
319,093 |
|
At 30 September 2025 |
319,093 |
|
|
|
|
|
|
|
|
|
|
Depreciation |
|
At 30 September 2025 |
- |
|
|
|
|
|
|
|
|
|
|
Net book value |
|
At 30 September 2025 |
319,093 |
|
At 30 September 2024 |
319,093 |
|
|
|
|
|
|
|
|
|
|
| 4 |
Debtors |
2025 |
|
2024 |
| £ |
£ |
|
|
Service charges in arrears |
1,184 |
|
792 |
|
Prepayments |
|
|
|
|
10,679 |
|
10,502 |
|
|
|
|
|
|
11,863 |
|
11,294 |
|
|
|
|
|
|
|
|
|
|
| 5 |
Creditors: amounts falling due within one year |
2025 |
|
2024 |
| £ |
£ |
|
|
Trade creditors |
1,242 |
|
127 |
|
Service charges paid in advance |
|
2,412 |
|
2,311 |
|
Accruals |
4,075 |
|
4,075 |
|
Corporation tax |
246 |
|
295 |
|
|
|
|
|
|
7,975 |
|
6,808 |
|
|
|
|
|
|
|
|
|
|
| 6 |
Share capital |
Nominal |
|
2025 |
|
2025 |
|
2024 |
| value |
Number |
£ |
£ |
|
Allotted, called up and fully paid: |
|
Preferential shares |
£1 each |
|
72 |
|
72 |
|
72 |
|
|
|
|
|
|
|
|
|
|
| 7 |
Share premium |
2025 |
| £ |
|
|
At 1 October 2024 |
352,576 |
|
|
At 30 September 2025 |
352,576 |
|
|
|
|
|
|
|
|
| 8 |
Revaluation reserve |
2025 |
| £ |
|
|
At 1 October 2024 |
26,183 |
|
|
At 30 September 2025 |
26,183 |
|
|
|
|
|
|
|
|
| 9 |
General reserves |
2025 |
| £ |
|
|
At 1 October 2024 |
150,435 |
|
Surplus of income over expenditure for year |
(15,992) |
|
At 30 September 2025 |
134,443 |
|
|
|
|
|
|
|