| 14-16 New Cavendish Street (Management) Limited |
| Registered number: |
03360780 |
| Balance Sheet |
| as at 28 September 2025 |
|
| Notes |
|
|
2025 |
|
|
2024 |
| £ |
£ |
| Fixed assets |
| Tangible assets |
3 |
|
|
4,292 |
|
|
4,412 |
|
| Current assets |
| Debtors |
4 |
|
6,943 |
|
|
6,943 |
|
|
| Net current assets |
|
|
|
6,943 |
|
|
6,943 |
|
| Total assets less current liabilities |
|
|
|
11,235 |
|
|
11,355 |
|
| Creditors: amounts falling due after more than one year |
5 |
|
|
(14,541) |
|
|
(14,541) |
|
|
|
| Net liabilities |
|
|
|
(3,306) |
|
|
(3,186) |
|
|
|
|
|
|
|
|
| Capital and reserves |
| Called up share capital |
|
|
|
4 |
|
|
4 |
| Profit and loss account |
|
|
|
(3,310) |
|
|
(3,190) |
|
| Shareholders' funds |
|
|
|
(3,306) |
|
|
(3,186) |
|
|
|
|
|
|
|
|
| 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 and delivered 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. |
|
|
|
|
| M Bouyoux |
| Director |
| Approved by the board on 23 June 2026 |
|
| 14-16 New Cavendish Street (Management) Limited |
| Notes to the Accounts |
| for the year ended 28 September 2025 |
|
|
| 1 |
Accounting policies |
|
|
Basis of preparation |
|
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard). |
|
|
The company's principal activity during the year continued to be that of providing management services in respect of the property situated at 14-16 New Cavendish Street, London. |
|
|
Turnover |
|
The company did not generate any turnover during the year, nor did it actively trade. However, depreciation of headlease has been charged in the profit and loss account in accordance with applicable accounting standards. |
|
|
Tangible fixed assets |
|
Tangible fixed assets represent the company’s interest in the headlease of the property at 14–16 New Cavendish Street, London. The headlease is stated at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided on a straight-line basis over the remaining term of the lease at a fixed rate of £120 per annum. |
|
|
Debtors |
|
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts. |
|
|
Creditors |
|
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method. |
|
|
| 2 |
Employees |
2025 |
|
2024 |
| Number |
Number |
|
|
Average number of persons employed by the company |
1 |
|
1 |
|
|
|
|
|
|
|
|
|
|
| 3 |
Tangible fixed assets |
|
|
|
|
|
|
|
|
Land and buildings |
| £ |
|
Cost |
|
At 29 September 2024 |
7,602 |
|
At 28 September 2025 |
7,602 |
|
|
|
|
|
|
|
|
|
|
Depreciation |
|
At 29 September 2024 |
3,190 |
|
Charge for the year |
120 |
|
At 28 September 2025 |
3,310 |
|
|
|
|
|
|
|
|
|
|
Net book value |
|
At 28 September 2025 |
4,292 |
|
At 28 September 2024 |
4,412 |
|
The company acquired the headlease of the property at 14–16 New Cavendish Street, London, in 1998. The lease expires in 2061. |
|
|
| 4 |
Debtors |
2025 |
|
2024 |
| £ |
£ |
|
|
Deposit held |
|
|
|
|
5,000 |
|
5,000 |
|
Other debtors |
1,943 |
|
1,943 |
|
|
|
|
|
|
6,943 |
|
6,943 |
|
|
|
|
|
|
|
|
|
|
| 5 |
Creditors: amounts falling due after one year |
2025 |
|
2024 |
| £ |
£ |
|
|
Other creditors |
14,541 |
|
14,541 |
|
|
|
|
|
|
|
|
|
|
£14,541 represents amounts lent to the company by the original directors to assist with the purchase of the headlease of 14–16 New Cavendish Street, the related rent deposit, and payment of the first insurance premium in 1998. The amounts were provided on an unsecured, interest-free basis with no fixed terms of repayment. |
|
|
| 6 |
Other information |
|
|
14-16 New Cavendish Street (Management) Limited is a private company limited by shares and incorporated in England. Its registered office is: |
|
Lps Livingstone |
|
Wenzel House, Olds Approach |
|
Watford |
|
England |
|
WD18 9AB |