Garlands Management Ltd - Filleted accounts

Registered number

02006593

Garlands Management Ltd

Filleted Accounts

24 March 2026

Garlands Management Ltd
Registered number:		02006593
Balance Sheet
as at 24 March 2026

Notes			2026			2025
£				£
Current assets
Debtors	3	3,217			1,824
Cash at bank and in hand		12,123			75,223
		15,340			77,047

Creditors: amounts falling due within one year	4	(3,881)			(3,632)

Net current assets			11,459			73,415

Net assets			11,459			73,415

Reserves
General reserve			11,459			73,415

			11,459			73,415

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 income and expenditure account has not been delivered to the Registrar of Companies.




J Hammond
Director
Approved by the board on 21 July 2026

Garlands Management Ltd
Notes to the Accounts
for the year ended 24 March 2026


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).

	Income
	This represents the service charges receivable from the leaseholders.

2	Employees	2026		2025
Number			Number

	Average number of persons employed by the company	0		0

3	Debtors	2026		2025
£			£

	Due from leaseholders	1,843		170
	Other debtors	1,374		1,654
		3,217		1,824


4	Creditors: amounts falling due within one year	2026		2025
£			£

	Trade creditors	701		1,169
	Corporation tax	440		-
	Other creditors	2,740		2,463
		3,881		3,632

5	Contingent liabilities

	As the freeholder, The Keepers and Governors of the Possessions, Revenues and Goods of the Free Grammar School of John Lyon insures The Garlands buildings. Copies of the insurance are available annually at the request of the lessees. The school has not recharged the cost of this insurance to the company for some years. It is always possible that at a future date, the company will be called upon to pay the current insurance premium. There is also the possibility, although considered unlikely, that the company will be called upon to pay for past insurance premiums. The directors do not consider it necessary to make a provision for such a possibility.
6	Other information

	Garlands Management Ltd is a private company limited by guarantee and incorporated in England. Its registered office is:
	Congress House suite 3
	First Floor 14 Lyon Road
	Harrow on the Hill
	HA1 2EN