COMPANY REGISTRATION NUMBER:
01233779
|
Oakhurst Flats Management (Beckenham) Limited |
|
|
Oakhurst Flats Management (Beckenham) Limited |
|
|
Statement of Financial Position |
|
25 December 2025
Fixed assets
|
Tangible assets |
5 |
7,800 |
7,800 |
|
|
|
|
Current assets
|
Debtors |
6 |
15,982 |
14,171 |
|
Cash at bank and in hand |
191,183 |
175,830 |
|
--------- |
--------- |
|
207,165 |
190,001 |
|
|
|
|
|
Creditors: amounts falling due within one year |
7 |
6,346 |
17,173 |
|
--------- |
--------- |
|
Net current assets |
200,819 |
172,828 |
|
--------- |
--------- |
|
Total assets less current liabilities |
208,619 |
180,628 |
|
--------- |
--------- |
|
Net assets |
208,619 |
180,628 |
|
--------- |
--------- |
|
|
|
|
Capital and reserves
|
Called up share capital |
78 |
78 |
|
Capital redemption reserve |
9,131 |
7,800 |
|
Other reserves |
82,159 |
67,159 |
|
General Reserve Fund |
117,251 |
105,591 |
|
--------- |
--------- |
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Shareholders funds |
208,619 |
180,628 |
|
--------- |
--------- |
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|
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These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
In accordance with section 444 of the Companies Act 2006, the statement of comprehensive income has not been delivered.
For the year ending 25 December 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors' responsibilities:
-
The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476
;
-
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements
.
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Oakhurst Flats Management (Beckenham) Limited |
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Statement of Financial Position (continued) |
|
25 December 2025
These financial statements were approved by the
board of directors
and authorised for issue on
13 June 2026
, and are signed on behalf of the board by:
Company registration number:
01233779
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Oakhurst Flats Management (Beckenham) Limited |
|
|
Notes to the Financial Statements |
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Year ended 25 December 2025
1.
General information
The company is a private company limited by shares, registered in England and Wales. The address of the registered office is Bourne House, 475 Godstone Road, Whyteleafe, Surrey, CR3 0BL.
2.
Statement of compliance
These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.
3.
Accounting policies
Basis of preparation
The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.
The financial statements are prepared in sterling, which is the functional currency of the entity.
Income tax
The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in profit or loss, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. In this case, tax is recognised in other comprehensive income or directly in equity, respectively. Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.
Deferred tax is recognised in respect of all timing differences at the reporting date. Unrelieved tax losses and other deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date that are expected to apply to the reversal of the timing difference.
Tangible assets
Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses.
Impairment of fixed assets
A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date.
Financial instruments
A financial asset or a financial liability is recognised only when the entity becomes a party to the contractual provisions of the instrument. Debt instruments are subsequently measured at amortised cost.
4.
Bank account
Service charge money was held in trust at Barclays Bank Plc under the title Property Maintenance & Management Services Ltd designated client account RE: Oakhurst Flat Management (Beckenham) Ltd.
5.
Tangible assets
|
Freehold property |
|
£ |
|
Cost |
|
|
At 26 December 2024 and 25 December 2025 |
7,800 |
|
------- |
|
Depreciation |
|
|
At 26 December 2024 and 25 December 2025 |
– |
|
------- |
|
Carrying amount |
|
|
At 25 December 2025 |
7,800 |
|
------- |
|
At 25 December 2024 |
7,800 |
|
------- |
|
|
6.
Debtors
|
2025 |
2024 |
|
£ |
£ |
|
Trade debtors |
6,267 |
3,425 |
|
Other debtors |
9,715 |
10,746 |
|
-------- |
-------- |
|
15,982 |
14,171 |
|
-------- |
-------- |
|
|
|
7.
Creditors:
amounts falling due within one year
|
2025 |
2024 |
|
£ |
£ |
|
Trade creditors |
847 |
10,406 |
|
Other creditors |
5,499 |
6,767 |
|
------- |
-------- |
|
6,346 |
17,173 |
|
------- |
-------- |
|
|
|
8.
General reserve fund
£
As at 26 December 2024
105,591
Transfer from income and expenditure account
11,451
Surplus for the period for residential lessees
209
As at 25 December 2025
117,251
The General Fund has been established to meet the cost of large, non-regular repair and maintenance work which is expected to arise in the future on behalf of the residential lessees. The present level of this fund may prove insufficient given the uncertainty as to when such costs may arise.
Any shortfall in this fund resulting from expenditure incurred will be charged to the Income and Expenditure account in that year.
9.
Other reserves
Roof Reserve Fund
£
As at 26 December 2024
67,159
Transfer from income and expenditure account
15,000
As at 25 December 2025
82,159
The Roof Reserve Fund has been established to meet the cost of large, non-regular repair and maintenance work which is expected to arise in the future in respect of roof repairs. The present level of this fund may prove insufficient given the uncertainty as to when such costs may arise. Any shortfall in this fund resulting from expenditure incurred will be charged to the Income and Expenditure account in that year.
10.
Summary of costs as required by section 21(5) landlord and
tenant act 1985.
a) Costs charged in the accounts in respect of which no demand for payment was received by the landlord within the service charge period but provision has been made amounted to £30,503.
b) Costs charged in the accounts in respect of which a demand for payment was so received but no payment was made by the landlord within the service charge period amounted to £847.
c) Costs charged in the accounts in respect of which a demand for payment was so received and payment was made by the landlord within the service charge period amounted to £41,099.
Total expenditure incurred within the period totals £72,449.