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GORDON PLACE MANAGEMENT COMPANY LIMITED
REGISTERED NUMBER: 02626373
BALANCE SHEET
AS AT 31 JULY 2025
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Debtors: amounts falling due within one year
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Creditors: amounts falling due within one year
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Total assets less current liabilities
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For the period ended 31 July 2025 the Company was entitled to exemption from audit under section 480 of the Companies Act 2006.
Members have not required the Company to obtain an audit for the period in question in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.
The Company's financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.
The financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The Company has opted not to file the profit and loss account in accordance with provisions applicable to companies subject to the small companies' regime.
The financial statements were approved and authorised for issue by the board and were signed on its behalf on 30 June 2026.
The notes on pages 2 to 3 form part of these financial statements.
Page 1
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GORDON PLACE MANAGEMENT COMPANY LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 JULY 2025
The company is a private company limited by shares and was incorporated in England and Wales. The
registered office address of the business is: Park House, 803 London Road, Westcliff On Sea, Essex, SS0 9SY.
2.Accounting policies
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Basis of preparation of financial statements
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The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.
The preparation of financial statements in compliance with FRS 102 requires the use of certain critical accounting estimates. It also requires management to exercise judgment in applying the Company's accounting policies.
Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.
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Prepayments and accrued income
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Creditors: Amounts falling due within one year
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Accruals and deferred income
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Page 2
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GORDON PLACE MANAGEMENT COMPANY LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 JULY 2025
This company acts as a trustee and holds service charge monies in trust under Section 42 Landlord and
Tenant Act 1987 on behalf of the residents of the property which it manages. The amount of service
charge monies held at the year end totals £202,242 (2024: £152,444). This amount is not shown on the
balance sheet of these financial statements as the money is not an asset of the company.
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Restatement of comparative figures
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Accounting policies have been adopted to ensure consistency of financial statement preparation with ICAEW Guidance TECH 03/11 Residential Service Charge Accounts. Comparatives have been restated the effect is:
Fixed assets: Prior year £96. Restated as £0
Current assets: Prior year £102. Restated as £16,114
Creditors amounts falling due within one year: Prior year £6,360. Restated as £16,012
Capital and reserves: Prior year £6,162. Restated as £102
Page 3
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