354 Management Ltd - Filleted accounts

Registered number

10309490

(Registered In Enagland & Wales)

354 Management Ltd

Filleted Accounts

31 January 2026

354 Management Ltd
Registered number:		10309490
Balance Sheet
as at 31 January 2026

Notes			2026			2025
£				£
Fixed assets
Tangible assets	3		4,625,337			4,928,598

Current assets
Debtors	4	433,607			445,795
Investments held as current assets	5	750			750
Cash at bank and in hand		8,440			10,248
		442,797			456,793

Creditors: amounts falling due within one year	6	(88,179)			(109,001)

Net current assets			354,618			347,792

Total assets less current liabilities			4,979,955			5,276,390

Creditors: amounts falling due after more than one year	7		(4,593,478)			(4,757,479)



Net assets			386,477			518,911

Capital and reserves
Called up share capital			100			100
Revaluation reserve	8		918,700			918,700
Profit and loss account			(532,323)			(399,889)

Shareholders' funds			386,477			518,911

The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.



Mr Bharat Shah
Director
Approved by the board on 29 October 2026

354 Management Ltd
Notes to the Accounts
for the year ended 31 January 2026


1	Accounting policies

	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).

	Turnover
	Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.

	Tangible fixed assets
	Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:

	Plant and machinery			18% reducing balance

	Debtors
	Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

	Creditors
	Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

	Taxation
	A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.


2	Employees					2026		2025
Number							Number

	Average number of persons employed by the company					1		1


3	Tangible fixed assets
		Land and buildings		Plant and machinery etc		Motor vehicles		Total
£			£		£		£
	Cost
	At 1 February 2025	4,623,390		5,439		450,376		5,079,205
	Disposals	-		-		(450,376)		(450,376)
	At 31 January 2026	4,623,390		5,439		-		4,628,829

	Depreciation
	At 1 February 2025	-		3,064		147,543		150,607
	Charge for the year	-		428		-		428
	On disposals	-		-		(147,543)		(147,543)
	At 31 January 2026	-		3,492		-		3,492

	Net book value
	At 31 January 2026	4,623,390		1,947		-		4,625,337
	At 31 January 2025	4,623,390		2,375		302,833		4,928,598


4	Debtors					2026		2025
£							£

	Associated Companies					433,607		445,795


5	Investments held as current assets					2026		2025
£							£
	Fair value
	Unlisted investments					750		750



6	Creditors: amounts falling due within one year					2026		2025
£							£

	Associated Company Loan account					87,929		89,283
	Taxation and social security costs					-		19,467
	Other creditors					250		251
						88,179		109,001


7	Creditors: amounts falling due after one year					2026		2025
£							£

	Bank loans					3,441,296		3,327,237
	Obligations under finance lease and hire purchase contracts					-		287,792
	Trade creditors					13,151		17,971
	Directors Loan account					1,139,031		1,124,479
						4,593,478		4,757,479


8	Revaluation reserve					2026		2025
£							£

	At 1 February 2025					918,700		918,700

	At 31 January 2026					918,700		918,700


9	Other information

	354 Management Ltd is a private company limited by shares and incorporated in England. Its registered office is:
	83 Lavender Hill
	London
	SW11 5QL