REGISTERED NUMBER: 04768241 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 July 2025

for

LEGGATTS PARK MANAGEMENT LIMITED

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

3

Directors:

Mr M A Mcinerney

Mrs E McInerney

Registered office:

3rd Floor

86-90 Paul Street

London

EC2A 4NE

Registered number:

04768241 (England and Wales)

Accountants:

Cooper Parry Advisory Limited

Broadwalk House, 5th Floor

5 Appold Street

Broadgate

London

EC2A 2AG

Fixed assets

Tangible assets

4

6,150

2,277

Current assets

Debtors

5

9,745

3,770

Cash at bank

59,328

37,928

69,073

41,698

Creditors

Amounts falling due within one year

6

74,722

43,474

Net current liabilities

(5,649

)

(1,776

)

Total assets less current liabilities

501

501

Capital and reserves

Called up share capital

7

501

501

Shareholders' funds

501

501

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 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 Profit and Loss Account has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 10 June 2026 and were signed on its behalf by:

Mr M A Mcinerney - Director

1.	Statutory information

Leggatts Park Management 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.

The presentation currency of the financial statements is the Pound Sterling (£).

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.

Service charges due from tenants

This represents the services charges due from tenants in respect of the properties, due from the owners for the year.

Financial instruments

Financial assets and financial liabilities are recognised in the balance sheet when the company becomes a party to the contractual provisions of the instrument.

Trade and other debtors and creditors are classified as basic financial instruments and measured at initial recognition at transaction price. Debtors and creditors are subsequently measured at amortised cost using the effective interest rate method. A provision is established when there is objective evidence that the company will not be able to collect all amounts due.

Cash and cash equivalents are classified as basic financial instruments and comprise cash in hand and at bank and bank overdrafts.

Financial liabilities and equity instruments issued by the company are classified in accordance with the substance of the contractual arrangements entered into and the definitions of a financial liability and an equity instrument. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities. Equity instruments issued by the company are recorded at the proceeds received, net of direct issue costs.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Profit and Loss Account, 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 statement of financial position date.

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.

Depreciation

No depreciation has been provided on the Gatehouse or communal land, in view of the nominal cost. Depreciation at 25%, on a straight line basis, has been provided on the lawnmowers etc.

3.	Employees and directors

The average number of employees during the year was 2 (2024 - 2 ) .

4.	Tangible fixed assets

Fixtures

Plant and

and

machinery

fittings

Totals

£

£

£

Cost

At 1 August 2024

19,687

7,131

26,818

Additions

5,871

-

5,871

At 31 July 2025

25,558

7,131

32,689

Depreciation

At 1 August 2024

18,309

6,232

24,541

Charge for year

1,099

899

1,998

At 31 July 2025

19,408

7,131

26,539

Net book value

At 31 July 2025

6,150

-

6,150

At 31 July 2024

1,378

899

2,277

5.

Debtors: amounts falling due within one year

2025

2024

£

£

Trade debtors

5,000

-

Prepayments and accrued income

4,745

3,770

9,745

3,770

6.

Creditors: amounts falling due within one year

2025

2024

£

£

Amount due to residents

3,685

7,989

Sundry Creditors

15,405

5,563

Tax

141

141

Social security and other taxes

1,579

786

Pension payable

139

139

Other creditors

50,000

25,000

Accrued expenses

3,773

3,856

74,722

43,474

Other creditors of £50,000 (2024: £25,000) is the reserve fund established to provide funds in order to contribute to the cost of major works which are expected to arise in the future.

7.	Called up share capital

Allotted, issued and fully paid:

Number:

Class:

Nominal

2025

2024

value:

£

£

5

Ordinary

100

500

500

5

Founder

0.20

1

1

501

501

The founder shareholders have a non-equity interest since, on a winding-up, they are not entitled to any share of the surplus assets of the company. These belong exclusively to the ordinary shareholders. However, until the "ultimate date", which was defined as one year after the last property had been sold, only the founder shareholders were entitled to receive notice of, attend or vote at any General Meeting of the company. The ultimate date passed on the 9th December 2006.

8.	Contingent liabilities

The company has contingent liabilities in that the Communal Area and the Gate House, including any other communal parts of the site, lighting of the accessways and any installations on the site, the walls, fences or other boundary features of the same and any structure or apparatus thereon, must be maintained, repaired, renewed as necessary, decorated, landscaped, cultivated and cleansed, re-equipped and reinstated, as necessary. It must also effect property owners and occupiers and Public Liability insurance as appropriate.

9.	Related party transactions and control