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Registered number: 09495690
Kilnwood Open Space Management Company Limited
Directors' Report and
Financial Statements
For The Year Ended 31 March 2026
Contents
Page
Company Information 1
Directors' Report 2
Accountant's Report 3
Income and Expenditure Account 4
Balance Sheet 5
Notes to the Financial Statements 6—7
Page 1
Company Information
Director Mr D T Edwards
Company Number 09495690
Registered Office 53 Bampton Street
Tiverton
Devon
EX16 6AL
Accountants SMV Associates Ltd
4 Cedar Court
Tiverton Business Park
Tiverton
Devon
EX16 6GT
Page 1
Page 2
Directors' Report
The directors present their report and the financial statements for the year ended 31 March 2026.
Principal Activity
The company's principal activity continues to be the management of the open space in the Vicarage Hill residential area in Newton Abbot
Directors
The directors who held office during the year were as follows:
Mr M P Smith Resigned 30/03/2026
Mr T A Sleath Resigned 30/03/2026
Mr D J Marsh Resigned 30/03/2026
Mr K D Hunter Resigned 30/03/2026
Ms J M Gregson Resigned 16/03/2026
Mr J J Dowler Resigned 16/03/2026
Mr I D Cullen Resigned 30/03/2026
Mr G J Cleave Resigned 16/03/2026
Mr D T Edwards Appointed 30/03/2026
Mr D T Edwards Resigned 27/05/2025
Small Company Rules
This report has been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.
On behalf of the board
Mr D T Edwards
Director
1 September 2026
Page 2
Page 3
Accountant's Report
Report to the directors on the preparation of the unaudited statutory accounts of Kilnwood Open Space Management Company Limited For The Year Ended 31 March 2026
To assist you to fulfil your duties under the Companies Act 2006, I have prepared for your approval the accounts of Kilnwood Open Space Management Company Limited which comprise the Income and Expenditure Account, the Balance Sheet and the related notes, from the company’s accounting records and from information and explanations you have given us.
As a practising member of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at http://www.accaglobal.com/en/member/professional-standards/rules-standards/acca-rulebook.html.
This report is made to the directors of Kilnwood Open Space Management Company Limited , as a body, in accordance with the terms of our engagement letter. Our work has been undertaken solely to prepare for your approval the accounts of Kilnwood Open Space Management Company Limited and state those matters that we have agreed to state to the directors of Kilnwood Open Space Management Company Limited , as a body, in this report in accordance with the Association of Chartered Certified Accountants as detailed at http://www.accaglobal.com/content/dam/ACCA_Global/Technical/fact/technical-factsheet-163.pdf. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Kilnwood Open Space Management Company Limited and its directors as a body for our work or for this report.
It is your duty to ensure that Kilnwood Open Space Management Company Limited has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit or loss of Kilnwood Open Space Management Company Limited . You consider that Kilnwood Open Space Management Company Limited is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the accounts of Kilnwood Open Space Management Company Limited . For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the financial statements.
1 September 2026
SMV Associates Ltd
4 Cedar Court
Tiverton Business Park
Tiverton
Devon
EX16 6GT
Page 3
Page 4
Income and Expenditure Account
2026 2025
Notes £ £
TURNOVER 5,418 5,385
GROSS SURPLUS 5,418 5,385
Administrative expenses (7,183 ) (4,882 )
OPERATING (DEFICIT)/SURPLUS (1,765 ) 503
Other interest receivable and similar income 26 40
(DEFICIT)/SURPLUS FOR THE FINANCIAL YEAR (1,739 ) 543
The notes on pages 6 to 7 form part of these financial statements.
Page 4
Page 5
Balance Sheet
2026 2025
Notes £ £ £ £
CURRENT ASSETS
Debtors 4 749 720
Cash at bank and in hand 451 2,493
1,200 3,213
Creditors: Amounts Falling Due Within One Year 5 (2,716 ) (2,990 )
NET CURRENT ASSETS (LIABILITIES) (1,516 ) 223
TOTAL ASSETS LESS CURRENT LIABILITIES (1,516 ) 223
NET (LIABILITIES)/ASSETS (1,516 ) 223
Income and Expenditure Account (1,516 ) 223
MEMBERS' FUNDS (1,516) 223
For the year ending 31 March 2026 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small 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 in accordance with the provisions applicable to companies subject to the small companies regime.
On behalf of the board
Mr D T Edwards
Director
1 September 2026
The notes on pages 6 to 7 form part of these financial statements.
Page 5
Page 6
Notes to the Financial Statements
1. General Information
Kilnwood Open Space Management Company Limited is a private company, limited by guarantee, incorporated in England & Wales, registered number 09495690 . The registered office is 53 Bampton Street, Tiverton, Devon, EX16 6AL.
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.
2.2. Turnover
Turnover consists of fees and charges received from residents of the properties surrounding the open spaces.
2.3. Taxation
There is no corporation tax liability as the company's business consists of the management, on a non profit making basis, of the open spaces for the owners of the surrounding properties.
3. Average Number of Employees
Average number of employees, including directors, during the year was: NIL (2025: NIL)
- -
4. Debtors
2026 2025
£ £
Due within one year
Trade debtors 92 63
Other debtors 657 657
749 720
5. Creditors: Amounts Falling Due Within One Year
2026 2025
£ £
Trade creditors 132 133
Other creditors 44 377
Accruals and deferred income 2,540 2,480
2,716 2,990
Page 6
Page 7
6. Company limited by guarantee
The company is limited by guarantee and has no share capital.
Every member of the company undertakes to contribute to the assets of the company, in the event of a winding up, such an amount as may be required not exceeding £1.
Page 7