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

For the financial year ended 24 June 2026 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.

46 Ennismore Gardens Limited is a private company limited by guarantee incorporated in England and Wales. The registered office is 3rd Floor, The Bloomsbury Building, 10 Bloomsbury Way, Holborn, WC1A 2SL.

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. The principal accounting policies adopted are set out below.

Income and expenses are included in the financial statements as they become receivable or due.

Expenses include VAT where applicable as the company cannot reclaim it.

On 24 June 2025 a long-term supply agreement was entered into with EDF Energy for the supply of electricity. This has fixed the price of electricity until 30 June 2028. Electricity is paid by direct debit.

The company only has financial instruments which are classified as basic financial instruments.

Short-term debtors and creditors are measured at the settlement value. Any losses from impairment are recognised in profit and loss.

As the Company does not carry on a business for the purpose of making a profit it is exempt from Corporation Tax on its ordinary activities.  However, it is liable for Corporation Tax on investment income and any chargeable gains arising.

46 Ennismore Gardens, London SW7

On 4 July 1972 the Company acquired, at nil cost, a ninety-nine year lease of the common parts of 46 Ennismore Gardens. Subsequently, the freehold of the property was acquired.

On 15 June 2022 a new 35 year lease was agreed with UK Powernetworks for the use of a chamber at the front of the building that is part of the freehold. This lease expires on 25 December 2053 and the rent payable is increased in line with RPI every 5 years.

Directors are responsible for notifying UKPN the new rent amount payable, with the next rent review due on 25 December 2028.

Building Insurance

46 Ennismore Gardens Limited is responsible for insuring the building. The reinstatement costs for rebuilding were last professionally assessed for insurance purposes on 14 January 2026. This assessed that the building should be insured for £6,330,240. The building insurance is index linked and the present declared value for building insurance is £6,330,240. With inflation protection the insured value is £7,279,776. In addition, the declared value for the communal area contents insurance is £41,500. The cover is due for renewal on 1 November. Leaseholders are responsible for their respective windows and skylights.

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

The company is limited by guarantee, not having a share capital and consequently the liability of members is limited, subject to an undertaking by each member to contribute to the net assets or liabilities of the company on winding up such amounts as may be required not exceeding £1.

At the reporting end date the company had contracted with tenants for the following minimum lease payments: