REGISTERED NUMBER: 01591489 (England and Wales)

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31ST DECEMBER 2025

FOR

UNIVERSITY CLOSE MANAGEMENT LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

A Hackett

M Popplewell

R Segalov

SECRETARY:

D I Tunstall

REGISTERED OFFICE:

1 University Close

Bushey

Hertfordshire

WD23 3AL

REGISTERED NUMBER:

01591489 (England and Wales)

ACCOUNTANTS:

Sproull & Co.

Chartered Accountants

First Floor, Jebsen House

53-61 High Street

Ruislip

Middlesex

HA4 7BD

FIXED ASSETS

Tangible assets

4

8,056

900

CURRENT ASSETS

Debtors

5

1,989

1,966

Cash at bank and in hand

13,343

22,708

15,332

24,674

CREDITORS

Amounts falling due within one year

6

1,096

1,043

NET CURRENT ASSETS

14,236

23,631

TOTAL ASSETS LESS CURRENT LIABILITIES

22,292

24,531

RESERVES

Income and expenditure account

22,292

24,531

22,292

24,531

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31st 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 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 4th June 2026 and were signed on its behalf by:

M Popplewell - Director

1.	STATUTORY INFORMATION

University Close Management 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 service charges receivable from property owners, as per the Income and Expenditure note below.

Tangible fixed assets

Land and buildings are shown at cost less any accumulated depreciation and any accumulated impairment losses.

Land and buildings are depreciated over their estimated useful economic life after taking the residual value of the assets into consideration. The directors consider the residual value of the company's land and buildings to be in excess of the original cost and consequently no depreciation is provided.

The residual value of the company's assets and whether the value has been impaired are considered by thedirectors on an annual basis.

Income and expenditure

The company has no income or expenditure in its own right, with all transactions in the year being related to the maintenance of the communal parts of the property known as University Close. Service charges collected are held on trust for the purpose of meeting the relevant costs in relation to the properties.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2024 - 3 ) .

4.	TANGIBLE FIXED ASSETS

Land and

buildings

£

COST

At 1st January 2025

900

Additions

7,156

At 31st December 2025

8,056

NET BOOK VALUE

At 31st December 2025

8,056

At 31st December 2024

900

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Other debtors

1,989

1,966

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Other creditors

1,096

1,043