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Registration number: 04865907

Garden House Flats Management Limited

Annual Report and Unaudited Filleted Financial Statements

for the Year Ended 31 December 2025

 

Garden House Flats Management Limited

Contents

Company Information

1

Balance Sheet

2

Notes to the Unaudited Financial Statements

3 to 5

 

Garden House Flats Management Limited

Company Information

Directors

Mr Clive John Topliss

Ms Moira Livingstone Millar

Company secretary

DMG Property Management Ltd

Registered office

Suite 7 Aspect House Pattenden Lane
Marden
Tonbridge
Kent
England
TN12 9QL

Bankers

NatWest Maidstone
3 High Street
Maidstone
Kent
ME14 1HJ

Barclays Bank Sevenoaks
80 High Street
Sevenoaks
Kent
TN13 1LR

Accountants

Manningtons 8 High Street
Heathfield
East Sussex
TN21 8LS

 

Garden House Flats Management Limited

(Registration number: 04865907)
Balance Sheet as at 31 December 2025

Note

2025
£

2024
£

Current assets

 

Debtors

4

45,238

30,106

Cash at bank and in hand

 

12,068

11,991

 

57,306

42,097

Creditors: Amounts falling due within one year

5

(6,357)

(4,717)

Net assets

 

50,949

37,380

Capital and reserves

 

Called up share capital

24

24

Retained earnings

50,925

37,356

Shareholders' funds

 

50,949

37,380

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.

Directors' responsibilities:

•

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and

•

The directors acknowledge their 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 and delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the Board on 30 September 2026 and signed on its behalf by:
 

.........................................
Mr Clive John Topliss
Director

 

Garden House Flats Management Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2025

1

General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
Suite 7 Aspect House Pattenden Lane
Marden
Tonbridge
Kent
TN12 9QL
England

2

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.

The presentation currency of the financial statements is the Pound Sterling (£).

Revenue recognition

Service charges 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. Service charges is shown net of sales/value added tax, returns, rebates and discounts.

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.

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.

 

Garden House Flats Management Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2025

Service charge arrears

Service charge arrears are amounts due from customers for merchandise sold or services performed in the ordinary course of business.

Service charge arrears are recognised at the transaction price, less provision for impairment. A provision for the impairment of service charge arrears is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

Service charges paid in advance

Service charges paid in advance are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Service charges paid in advance are recognised at the transaction price.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

3

Staff numbers

The average number of persons employed by the company (including directors) during the year, was 0 (2024 - 0).

 

Garden House Flats Management Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2025

4

Debtors

2025
£

2024
£

Service charge arrears

2,175

1,424

Prepayments

10,259

9,903

Other debtors

32,804

18,779

45,238

30,106

Other debtors includes the sum of £32,804 (2024 - £18,413) held in the name of the company in client accounts of the appointed agent for the leaseholders.

Also included within other debtors are invoice debtors of £nil (2024 - £366).
 

5

Creditors

Creditors: amounts falling due within one year

2025
£

2024
£

Due within one year

Service charges paid in advance

979

3,590

Accruals and deferred income

341

331

Other creditors

5,037

796

6,357

4,717