REGISTERED NUMBER: 01794429 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 JUNE 2025

FOR

STUART CLOSE MANAGEMENT COMPANY LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

R G Baker

Mrs A Bagg

P R Meakins

K R Davies

D D W Banks

Ms T Beament

C Broadbent

SECRETARY:

REGISTERED OFFICE:

1 Sheffield Road

Southborough

Tunbridge Wells

Kent

TN4 0PD

REGISTERED NUMBER:

01794429 (England and Wales)

ACCOUNTANTS:

Raymond Benn & Co Limited

Chartered Certified Accountants

Sheffield Stables

1 Sheffield Road

Southborough, Tunbridge Wells

Kent

TN4 0PD

FIXED ASSETS

Tangible assets

4

27

35

CURRENT ASSETS

Debtors

5

27,446

22,399

Cash at bank

17,420

20,007

44,866

42,406

CREDITORS

Amounts falling due within one year

6

(1,251

)

(1,200

)

NET CURRENT ASSETS

43,615

41,206

TOTAL ASSETS LESS CURRENT LIABILITIES

43,642

41,241

CAPITAL AND RESERVES

Called up share capital

103

103

Retained earnings

43,539

41,138

SHAREHOLDERS' FUNDS

43,642

41,241

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 25 June 2026 and were signed on its behalf by:

Mrs A Bagg - Director

1.	STATUTORY INFORMATION

Stuart Close Management Company 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.

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 contributions receivable from freehold and leasehold property owners on the estate managed by the company.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery etc

-

25% on reducing balance

3.	EMPLOYEES AND DIRECTORS

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

4.	TANGIBLE FIXED ASSETS

Computer

equipment

£

COST

At 1 July 2024

and 30 June 2025

628

DEPRECIATION

At 1 July 2024

593

Charge for year

8

At 30 June 2025

601

NET BOOK VALUE

At 30 June 2025

27

At 30 June 2024

35

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Maintenance contributions due

20,995

16,910

Other debtors

6,451

5,489

27,446

22,399

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade creditors

1

-

Accrued expenses

1,250

1,200

1,251

1,200

7.	TANGIBLE FIXED ASSETS

The company owns the freehold reversion in four properties, acquired at no cost, all of which are subject to 999 year leases dated between 1 March 1984 and 31 July 1998 at peppercorn rents.

It also owns the freehold interest in various small areas of land held for the common use of the residents of the estate. These are maintained out of contributions charged to the property owners.