Registered Number
Micro-entity Accounts
30 September 2025
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| £ | £ | ||
| Called up share capital not paid |
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| Fixed Assets |
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| Current Assets |
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| Prepayments and accrued income |
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| Creditors: amounts falling due within one year |
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| Net current assets (liabilities) |
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| Total assets less current liabilities |
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| Creditors: amounts falling due after more than one year |
(
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| Provisions for liabilities |
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| Accruals and deferred income |
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| Total net assets (liabilities) |
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| Capital and reserves |
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Approved by the Board on
And signed on their behalf by:
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| Average number of employees during the period |
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2Accounting Policies
Basis of measurement and preparation of accounts
The accounts show the cost of the purchase of the freehold. Re-valuation is not relevant as the freehold will not be sold in the foreseeable future.
Other accounting policies
The company’s business consists of the management on a non-profit basis of a building made up of two flats for the benefit of the leasehold owners. The only persons having an interest in the property under management own the shares in the company (each of the two shares is held by the current leaseholders of the flats and must be transferred when the flats are sold). The company does not pay any dividend or make any other distribution of profit. The long-term liability showing reflects the fact that were the company to be cease to exist any assets it holds would be shared between the two shareholders (also the flat holders at that time). HMRC has confirmed on this basis the company is covered by its statement of 25 August 2006 clarifying the position on the treatment of taxing surpluses arising in clubs and unincorporated organisations (including property management companies) and therefore treated as dormant.