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

For the financial year ended 31 March 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 and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

Talbot Villa Limited is a private company limited by shares incorporated in England and Wales. The registered office is 37 Leyland Road, Lee, London, UK, SE12 8DS.

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.

At the time of approving the financial statements, the directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. For this reason the directors continue to adopt the going concern basis of accounting in preparing the financial statements.

Turnover comprises the service charges levied on the residents of Talbot Villa.

The company owns the freehold land at 37 Leyland Road, Lee, London. The directors do not consider it appropriate or practicable to revalue the freehold land.

The freehold property is not shown at fair value, a departure from FRS 102.

No liability to Corporation Tax arises from the mutual trading of the company.

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

All shareholders and directors are owners of the flats within Talbot Villa and pay service charges to the company for the management and maintenance of the building.