The directors present their annual report and financial statements for the year ended 31 December 2025.

The principal activity of the company is to act as the service manager of the flats known as 53 Palace Garden Terrace, London W8 4SB on a non profit basis. The whole of the service and management expenses are recoverable from the lessees in accordance with the terms of their respective lease.

On 21 December 2023, the company acquired the freehold interest in the property known as 53 Palace Gardens Terrace for £94,575. The purchase was funded by contributions from the leaseholders. At this time, leases were extended and the value of the freehold property and the shareholders loans have been reduced accordingly.

The directors who held office during the year and up to the date of signature of the financial statements were as follows:

This report has been prepared in accordance with the provisions applicable to companies entitled to the small companies' exemption.

The average number of persons, including directors, employed by the company during the year was as follows:

53 Palace Gardens Terrace Limited is a private company limited by shares incorporated in England and Wales. The registered office is The Studio, 16 Cavaye Place, London, SW10 9PT.

For the year ended 31 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 in accordance with the micro-entity provisions and in accordance with FRS 105 'The Financial Reporting Standard applicable to the Micro-entities Regime' and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

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