Registration number:
for the Year Ended
Chartered Accountants
Registration number:
for the Year Ended
Chartered Accountants
Locks Lane Management Company Limited
Contents
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Company Information |
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Director's Report |
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Accountants' Report |
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Profit and Loss Account |
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Balance Sheet |
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Statement of Changes in Equity |
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Notes to the Unaudited Financial Statements |
Locks Lane Management Company Limited
Company Information
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Director |
J O Rainback |
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Company secretary |
Coco Property Group Limited |
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Registered office |
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Accountants |
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Locks Lane Management Company Limited
Director's Report
for the Year Ended 31 December 2025
The director presents his report and the financial statements for the year ended 31 December 2025.
Director of the company
The director who held office during the year was as follows:
Principal activity
The principal activity of the company is the provision of property management services.
The company owns the freehold reversion of the premises at Locks Lane, Stratton, Dorchester, Dorset subject to 999 year leases on 12 leasehold properties.
Small companies provision statement
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.
Approved by the
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Chartered Accountants' Report to the Director on the Preparation of the Unaudited Statutory Accounts of
Locks Lane Management Company Limited
for the Year Ended 31 December 2025
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Locks Lane Management Company Limited for the year ended 31 December 2025 as set out on pages 4 to 8 from the company's accounting records and from information and explanations you have given us.
As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at
http://www.icaew.com/regulation.
This report is made solely to the of Director of Locks Lane Management Company Limited, in accordance with the terms of our engagement letter dated 5 September 2024. Our work has been undertaken solely to prepare for your approval the accounts of Locks Lane Management Company Limited and state those matters that we have agreed to state to the Director of Locks Lane Management Company Limited, in this report in accordance with ICAEW Technical Release 07/16 AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Locks Lane Management Company Limited and its Director for our work or for this report.
It is your duty to ensure that Locks Lane 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 of Locks Lane Management Company Limited. You consider that Locks Lane 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 Locks Lane 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 statutory accounts.
Chartered Accountants
34 High East Street
Dorchester
Dorset
DT1 1HA
Locks Lane Management Company Limited
Profit and Loss Account
for the Year Ended 31 December 2025
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2025 |
2024 |
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Turnover |
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Administrative expenses |
( |
( |
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Operating surplus |
4,069 |
4,066 |
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Surplus before tax |
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Taxation |
- |
- |
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Surplus for the financial year |
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The above results were derived from continuing operations.
The company has no recognised gains or losses for the year other than the results above.
Locks Lane Management Company Limited
(Registration number: 1259867)
Balance Sheet as at 31 December 2025
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Note |
2025 |
2024 |
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£ |
£ |
£ |
£ |
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Current assets |
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Debtors |
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Cash at bank and in hand |
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Creditors: Amounts falling due within one year |
( |
( |
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Net assets |
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Reserves |
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Depreciation fund |
21,843 |
17,774 |
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Profit and loss account |
- |
- |
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21,843 |
17,774 |
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For the financial 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.
Director's responsibilities:
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The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts. |
These financial statements have 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.
Approved and authorised by the
Director
Locks Lane Management Company Limited
Statement of Changes in Equity
for the Year Ended 31 December 2025
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Depreciation fund |
Profit and loss account |
Total |
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At 1 January 2025 |
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- |
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Surplus for the year |
- |
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Transfers |
4,069 |
(4,069) |
- |
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At 31 December 2025 |
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- |
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Depreciation fund |
Profit and loss account |
Total |
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At 1 January 2024 |
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- |
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Surplus for the year |
- |
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Transfers |
4,066 |
(4,066) |
- |
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At 31 December 2024 |
17,774 |
- |
17,774 |
Locks Lane Management Company Limited
Notes to the Unaudited Financial Statements
for the Year Ended 31 December 2025
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General information |
The company is a company limited by guarantee, incorporated in England and Wales, and consequently does not have share capital. Each of the members is liable to contribute an amount not exceeding £1 towards the assets of the company in the event of liquidation.
The address of its registered office is:
England
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Accounting policies |
Summary of significant accounting policies and key accounting estimates
The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.
Statement of compliance
These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).
Basis of preparation
These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.
Revenue recognition
Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the Company’s activities.
The Company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the Company's activities.
Tangible assets
Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment loses.
The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.
The freehold reversion of Locks Lane Management Company Limited was acquired at nil cost, so is not shown on the balance sheet.
Cash and cash equivalents
Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.
Locks Lane Management Company Limited
Notes to the Unaudited Financial Statements
for the Year Ended 31 December 2025
Trade debtors
Trade debtors are amounts due from residents for services performed in the ordinary course of business.
Trade creditors
Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business.
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Staff numbers |
The average number of persons employed by the company during the year, was 0 (2024 - 0). The average number of directors on the board during the year was
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Debtors |
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2025 |
2024 |
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Amounts due from lessees |
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Prepayments |
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Creditors |
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2025 |
2024 |
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Due within one year |
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Amounts received in advance from lessees |
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Accruals |
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Other creditors |
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