| Lattiford Management Company Limited |
| Registered number: |
04777092 |
| Balance Sheet |
| as at 31 December 2025 |
|
| Notes |
|
|
2025 |
|
|
2024 |
| £ |
£ |
| Fixed assets |
| Tangible assets |
3 |
|
|
48,750 |
|
|
48,750 |
|
| Current assets |
| Debtors |
4 |
|
470 |
|
|
627 |
| Cash at bank and in hand |
|
|
21,415 |
|
|
18,127 |
|
|
|
21,885 |
|
|
18,754 |
|
| Creditors: amounts falling due within one year |
5 |
|
(1,941) |
|
|
(2,091) |
|
| Net current assets |
|
|
|
19,944 |
|
|
16,663 |
|
| Total assets less current liabilities |
|
|
|
68,694 |
|
|
65,413 |
|
| Creditors: amounts falling due after more than one year |
6 |
|
|
(16,054) |
|
|
(12,779) |
|
|
|
| Net assets |
|
|
|
52,640 |
|
|
52,634 |
|
|
|
|
|
|
|
|
| Capital and reserves |
| Called up share capital |
|
|
|
14 |
|
|
14 |
| Capital Redemption Reserve |
7 |
|
|
45,500 |
|
|
45,500 |
| Profit and loss account |
|
|
|
7,126 |
|
|
7,120 |
|
| Shareholders' funds |
|
|
|
52,640 |
|
|
52,634 |
|
|
|
|
|
|
|
|
| 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 profit and loss account has not been delivered to the Registrar of Companies. |
|
|
|
|
| Mr W J Wood |
| Director |
| Approved by the board on 5 August 2026 |
|
| Lattiford Management Company Limited |
| Notes to the Accounts |
| for the year ended 31 December 2025 |
|
|
| 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). |
|
|
Turnover |
|
Income represents flat and estate service charges received from the residents |
|
|
Intangible fixed assets |
|
Intangible fixed assets are measured at cost less accumulative amortisation and any accumulative impairment losses. |
|
|
Tangible fixed assets |
|
During the year ended 31st May 2005 the company acquired the freehold of the apartments and common areas at Lattiford Estate from the developer at no cost. The apartments are held on 999 year leases by some of the directors and shareholders. In view of the length of these leases it is considered that the current value of the freehold is negligible. On 15th September 2006 this freehold was transferred to Lattiford House and Court (Management) Limited at nil consideration. The retained land was purchased in June 2006 for £48,750 including costs. |
|
|
| 2 |
Employees |
2025 |
|
2024 |
| Number |
Number |
|
|
Average number of persons employed by the company |
0 |
|
0 |
|
|
|
|
|
|
|
|
|
|
| 3 |
Tangible fixed assets |
|
|
|
|
|
|
|
|
Land and buildings |
| £ |
|
Cost |
|
At 1 January 2025 |
48,750 |
|
At 31 December 2025 |
48,750 |
|
|
|
|
|
|
|
|
|
|
Depreciation |
|
At 31 December 2025 |
- |
|
|
|
|
|
|
|
|
|
|
Net book value |
|
At 31 December 2025 |
48,750 |
|
At 31 December 2024 |
48,750 |
|
|
| 4 |
Debtors |
2025 |
|
2024 |
| £ |
£ |
|
|
Other debtors |
470 |
|
627 |
|
|
|
|
|
|
|
|
|
|
| 5 |
Creditors: amounts falling due within one year |
2025 |
|
2024 |
| £ |
£ |
|
|
Accruals |
1,941 |
|
2,091 |
|
|
|
|
|
|
|
|
|
|
| 6 |
Creditors: amounts falling due after one year |
2025 |
|
2024 |
| £ |
£ |
|
|
Sinking fund |
16,054 |
|
12,779 |
|
Sinking fund |
|
This balance represents the cumulative balance held in the bank |
|
accounts which has been allocated to the Sinking fund. |
|
|
| 7 |
Capital Redemption Reserve |
2025 |
|
2024 |
| £ |
£ |
|
|
At 1 January 2025 |
45,500 |
|
45,500 |
|
|
At 31 December 2025 |
45,500 |
|
45,500 |
|
|
|
|
|
|
|
|
|
|
| 8 |
Other information |
|
|
Lattiford Management Company Limited is a private company limited by shares and incorporated in England. Its registered office is: |
|
North Lodge |
|
South Horrington |
|
Wells |
|
Somerset |
|
BA5 3DZ |