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Company registration number:
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05666714
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27 Lexham Gardens Limited
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Balance sheet - continued
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as at 31 December 2025
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3
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Guarantees and other financial commitments
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CONTRACTUAL COMMITMENTS. The company contracts with third parties in its own name for the supply of services to the property for maintenance of the common parts in accordance with the terms of the lease. There were no non-cancellable contractual commitments as at 31st December 2024 Basis of preparing the financial statements Tangible fixed assets and depreciation Depreciation is provided at rates calculated to write off the cost less residual value of each asset over its expected useful life, as follows: Land and buildings Nil The company acquired the freehold interest of 27, Lexham Gardens Limited London W8 5JJ in order to best protect the interests of the lessees. The directors do not consider it appropriate to depreciate the property Deferred taxation The company is a non-profit making organisation and under present legislation will only be liable for tax on its investment income received. In the opinion of the directors the company will have no deferred tax liabilities. Going concern All expenditure incurred in the management of 27, Lexham Gardens Limited London W8 5JJ is recoverable from the lessees under the terms of their leases. The accounts are therefore prepared on a going concern basis. Transactions with directors All the directors are lessees and pay service charges in accordance with their leases. Accounting convention These financial statements have been prepared in compliance with the Financial Reporting Standard 105, The Financial Reporting Standard applicable to the Micro-entities Regime (July 2015) issued by the Financial Reporting Council. The company was dormant throughout the current year and previous year. Analysis of the tax charge No liability to UK corporation tax arose on ordinary activities for the year ended 31 December 2024 nor for the year ended 31 December 2023
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The company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies for the year ended 31 December 2025.
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The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
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2
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