| 87 Holmdene Avenue Company Limited |
| Registered number: |
04391981 |
| Balance Sheet |
| as at 31 March 2025 |
|
| Notes |
|
|
2025 |
|
|
2024 |
| £ |
£ |
| Fixed assets |
| Tangible assets |
3 |
|
|
4,675 |
|
|
4,675 |
|
| Current assets |
| Debtors |
4 |
|
260 |
|
|
2,504 |
| Cash at bank and in hand |
|
|
2,639 |
|
|
1,392 |
|
|
|
2,899 |
|
|
3,896 |
|
| Creditors: amounts falling due within one year |
5 |
|
(2,899) |
|
|
(3,896) |
|
| Net current assets |
|
|
|
- |
|
|
- |
|
| Net assets |
|
|
|
4,675 |
|
|
4,675 |
|
|
|
|
|
|
|
|
| Capital and reserves |
| Called up share capital |
|
|
|
3 |
|
|
3 |
| Profit and loss account |
|
|
|
4,672 |
|
|
4,672 |
|
| Shareholders' funds |
|
|
|
4,675 |
|
|
4,675 |
|
|
|
|
|
|
|
|
| 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. |
|
|
|
|
| R. Allen |
| Director |
| Approved by the board on 30 October 2025 |
|
| 87 Holmdene Avenue Company Limited |
| Notes to the Accounts |
| for the year ended 31 March 2025 |
|
|
| 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). |
|
Maintenance costs are met from equal service charges to the three lessees. The Maintenance Fund is kept at a level sufficient to meet the estimated cost of all recurring cyclical expenditure. The fund balance isheld on behalf of the lessees who bear the cost of the company's expenditure. |
|
|
Tangible fixed assets |
|
Tangible fixed assets are measured at cost and are not depreciated. |
|
|
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. |
|
|
| 2 |
Employees |
2025 |
|
2024 |
| Number |
Number |
|
|
Average number of persons employed by the company |
- |
|
- |
|
|
|
|
|
|
|
|
|
|
| 3 |
Tangible fixed assets |
|
|
|
|
|
|
|
|
Land and buildings |
| £ |
|
Cost |
|
At 1 April 2024 |
4,675 |
|
At 31 March 2025 |
4,675 |
|
|
|
|
|
|
|
|
|
|
Net book value |
|
At 31 March 2025 |
4,675 |
|
At 31 March 2024 |
4,675 |
|
|
| 4 |
Debtors |
2025 |
|
2024 |
| £ |
£ |
|
|
Service charges |
132 |
|
2,402 |
|
Other debtors |
128 |
|
102 |
|
|
|
|
|
|
260 |
|
2,504 |
|
|
|
|
|
|
|
|
|
|
The service charges are due from the following properties: |
|
Flat 1 |
|
|
|
|
42 |
|
42 |
|
Flat 2 |
|
|
|
|
0 |
|
-275 |
|
Flat 3 |
|
|
|
|
90 |
|
2,635 |
|
|
|
|
|
|
132 |
|
2,402 |
|
|
|
|
|
|
|
|
| 5 |
Creditors: amounts falling due within one year |
2025 |
|
2024 |
| £ |
£ |
|
|
Loan from leasholder Flat 2 |
- |
|
935 |
|
Balance held on behalf of lessees |
2,498 |
|
2,559 |
|
Other creditors |
401 |
|
402 |
|
|
|
|
|
|
2,899 |
|
3,896 |
|
|
|
|
|
|
|
|
|
|
| 6 |
Related party transactions |
|
|
The Directors of the company are lessees of flats in 87 Holmdene Avenue and therefore share in the service charges payable to the company. These charges are at the same amounts and on the same terms as all lessees. |
|
The shareholders have extended the lease on the property to 999 years during the year to 31 March 2025. |
|
| 7 |
Other information |
|
|
87 Holmdene Avenue Company Limited is a private company limited by shares and incorporated in England. Its registered office is: |
|
87 Holmdene Avenue |
|
Herne Hill |
|
London |
|
SE24 9LD |