Company registration number 02195563 (England and Wales)
ALBANY GARDENS MANAGEMENT COMPANY LIMITED
FINANCIAL STATEMENTS
FOR THE YEAR ENDED 25 DECEMBER 2025
PAGES FOR FILING WITH REGISTRAR
ALBANY GARDENS MANAGEMENT COMPANY LIMITED
CONTENTS
Page
Balance sheet
1
Notes to the financial statements
2 - 3
ALBANY GARDENS MANAGEMENT COMPANY LIMITED
BALANCE SHEET
AS AT
25 DECEMBER 2025
25 December 2025
- 1 -
2025
2024
Notes
£
£
£
£
Fixed assets
Property, plant and equipment
3
1
1
Current assets
Debtors
4
22,829
22,012
Cash at bank and in hand
103,162
72,524
125,991
94,536
Creditors: amounts falling due within one year
5
(64,096)
(67,208)
Net current assets
61,895
27,328
Net assets
61,896
27,329
Capital and reserves
Called up share capital
51
51
Property maintenance reserve fund
61,845
27,278
Total equity
61,896
27,329

The directors of the company have elected not to include a copy of the profit and loss account within the financial statements.true

For the financial year ended 25 December 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.

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

The financial statements were approved by the board of directors and authorised for issue on 30 June 2026 and are signed on its behalf by:
Mrs E D Broome
Director
Company Registration No. 02195563
ALBANY GARDENS MANAGEMENT COMPANY LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 25 DECEMBER 2025
- 2 -
1
Accounting policies
Company information

Albany Gardens Management Company Limited is a private company limited by shares incorporated in England and Wales. The registered office is Kwb, First Floor Lancaster House, 67 Newhall Street, Birmingham, United Kingdom, B3 1NQ.

1.1
Accounting convention

These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The financial statements are prepared in sterling, which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £.

The financial statements have been prepared under the historical cost convention, [modified to include the revaluation of freehold properties and to include investment properties and certain financial instruments at fair value]. The principal accounting policies adopted are set out below.

1.2
Income

Service charges receivable represent amounts due to the company from the provision of services, which fall within the company's ordinary activities. The company is not registered for value added tax.

1.3

Residents contributions

Residents contributions are credited to the members balances account from which transfers of service charges are made in accordance with the accounting policy above

 

1.4
Tangible fixed assets

Since the freehold interest in land is shown at a notional value, no depreciation for the year is charged.

2
Employees

The average monthly number of persons (including directors) employed by the company during the year was:

2025
2024
Number
Number
Total
0
0
ALBANY GARDENS MANAGEMENT COMPANY LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 25 DECEMBER 2025
- 3 -
3
Tangible fixed assets
Land and buildings
£
Cost
At 26 December 2024 and 25 December 2025
14,500
Depreciation and impairment
At 26 December 2024 and 25 December 2025
14,499
Carrying amount
At 25 December 2025
1
At 25 December 2024
1
4
Debtors
2025
2024
Amounts falling due within one year:
£
£
Trade debtors
18,646
20,694
Other debtors
4,183
1,318
22,829
22,012
5
Creditors: amounts falling due within one year
2025
2024
£
£
Corporation tax
166
-
0
Service charges in advance
58,892
62,796
Accruals and deferred income
5,038
4,412
64,096
67,208
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