Colborne Close (Iver) Management Company Limited

	Page
Balance Sheet	1
Notes to the Financial Statements	2—3

Registered number: 10103573

		2025		2024
	Notes	£	£	£	£
CURRENT ASSETS
Debtors	4	623		426
Cash at bank and in hand		10,886		6,786

		11,509		7,212
Creditors: Amounts Falling Due Within One Year	5	(1,928 )		(3,082 )

NET CURRENT ASSETS (LIABILITIES)			9,581		4,130

TOTAL ASSETS LESS CURRENT LIABILITIES			9,581		4,130

NET ASSETS			9,581		4,130

RESERVES
Reserve fund for major works			4,428		2,782
Income and Expenditure Account			5,153		1,348

MEMBERS' FUNDS			9,581		4,130

For the year ending 31 December 2025 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 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

Mr G E Atkins-Creed

Director

2nd September 2026

The notes on pages 2 to 3 form part of these financial statements.

1. General Information

Colborne Close (Iver) Management Company Limited is a private company, limited by guarantee, incorporated in England & Wales, registered number 10103573 . The registered office is Saxon House, St. Andrew Street, Hertford, SG14 1JA.

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 is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes maintenance charges charged to transferees for the purpose of maintaining the development in accordance with the transfer document.

3. Average Number of Employees

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

4. Debtors

	2025	2024
	£	£
Due within one year
Service charges in arrears	194	25
Other debtors	429	401

	623	426

5. Creditors: Amounts Falling Due Within One Year

	2025	2024
	£	£
Service charges in advance	211	388
Other creditors	1,717	2,694

	1,928	3,082

6. Reserves

	Reserve fund for major works	Income and Expenditure Account
	£	£
As at 1 January 2025	2,782	1,348
Profit for the year and total comprehensive income	-	3,805

Movements in major works reserve	(354)	-
Transfer to/from Income & Expenditure Account	2,000	-

As at 31 December 2025	4,428	5,153

Funds were utilised during the period on a tree survey (£354)

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Colborne Close (Iver) Management Company Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 December 2025

7. Related Party Transactions

During the year. the client engaged the managing agent or one of its affiliated company's listed below to supply additional services:

Management Secretaries Limited

Fused Electric Services Limited

8. 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.

9. Ultimate Controlling Party

The directors do not consider there to be an ultimate controlling party.

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