127 Drakefield Road Limited

	Page
Balance Sheet	1
Notes to the Financial Statements	2

Registered number: 15193164

		31 October 2025		31 October 2024
	Notes	£	£	£	£
TOTAL ASSETS LESS CURRENT LIABILITIES			-		-

NET ASSETS			-		-

MEMBERS' FUNDS			-		-

For the year ending 31 October 2025 the company was entitled to exemption from audit under section 480 of the Companies Act 2006 relating to dormant companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Income and Expenditure Account.

On behalf of the board

Hallam Edward Gwilym Lewis

Director

28 July 2026

The notes on page 2 form part of these financial statements.

1. General Information

127 Drakefield Road Limited is a private company, limited by guarantee, incorporated in England & Wales, registered number 15193164 . The registered office is 127 Drakefield Road, London, SW17 8RS.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 4 (2024: 4)

4. Company limited by guarantee

The company is limited by guarantee and has no share capital.

The directors have each guaranteed £1, amounting to a total of £4, payable only in the event of the company’s liquidation for the payment of the company’s debts and liabilities.

5. Off-Balance Sheet Arrangements

The company holds a freehold property on behalf of its leaseholders under an implied trust arrangement. The company does not have beneficial ownership of the property.

The company receives variable service charge contributions from the leaseholders flats within 127 Drakefield Road pursuant to the service charge provisions in each leaseholder's 999-year lease. These contributions are calculated as a fair and reasonable proportion of actual costs incurred in maintaining and insuring the building and setting aside reserves for future repairs.

Under section 42 of the Landlord and Tenant Act 1987, all service charge contributions and the accumulated sinking fund are held by the company on statutory trust for the contributing leaseholders. The trust fund balance, held in a bank account in the company's name, is not beneficially owned by the company and is therefore not recognised in these financial statements. A separate set of service charge accounts is prepared annually.

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