FERRING MARINE RESIDENTS ASSOCIATION LIMITED(THE)

Company limited by guarantee

Company Registration Number:
00931398 (England and Wales)

Unaudited statutory accounts for the year ended 31 December 2021

Period of accounts

Start date: 1 January 2021

End date: 31 December 2021

FERRING MARINE RESIDENTS ASSOCIATION LIMITED(THE)

Contents of the Financial Statements

for the Period Ended 31 December 2021

Directors report
Profit and loss
Balance sheet
Additional notes
Balance sheet notes

FERRING MARINE RESIDENTS ASSOCIATION LIMITED(THE)

Directors' report period ended 31 December 2021

The directors present their report with the financial statements of the company for the period ended 31 December 2021

Principal activities of the company

The company does not trade but is the owner of the freehold land surrounding the blocks of flats and garages known as Ferring Marine, Ferring, West Sussex and is concerned solely with the maintenance and upkeep of the land and the main structure and exterior of the flats and garages.The company has no share capital and is limited by guarantee. The liability of the 12 members is limited to a guarantee not exceeding £15 per member.



Directors

The directors shown below have held office during the whole of the period from
1 January 2021 to 31 December 2021

Dr J E Esberey
Mr E P MacKenna
Mrs L Mayo-Smith
Mr MJ Shrimpton
Mrs R S Shrimpton
Mr K Smith


The director shown below has held office during the period of
2 October 2021 to 31 December 2021

Mr M Phillips


Secretary Mr E P MacKenna

The above report has been prepared in accordance with the special provisions in part 15 of the Companies Act 2006

This report was approved by the board of directors on
30 April 2022

And signed on behalf of the board by:
Name: Mr E P MacKenna
Status: Secretary

FERRING MARINE RESIDENTS ASSOCIATION LIMITED(THE)

Profit And Loss Account

for the Period Ended 31 December 2021

2021 2020


£

£
Turnover: 21,000 21,000
Cost of sales: ( 29,854 ) ( 11,377 )
Gross profit(or loss): (8,854) 9,623
Other operating income: 200 200
Operating profit(or loss): (8,654) 9,823
Interest receivable and similar income: 4 39
Profit(or loss) before tax: (8,650) 9,862
Profit(or loss) for the financial year: (8,650) 9,862

FERRING MARINE RESIDENTS ASSOCIATION LIMITED(THE)

Balance sheet

As at 31 December 2021

Notes 2021 2020


£

£
Current assets
Debtors: 3 875 0
Cash at bank and in hand: 55,738 67,882
Total current assets: 56,613 67,882
Prepayments and accrued income: 35 40
Creditors: amounts falling due within one year: 4 ( 3,216 ) ( 3,216 )
Net current assets (liabilities): 53,432 64,706
Total assets less current liabilities: 53,432 64,706
Accruals and deferred income: ( 4,375 ) ( 7,000 )
Total net assets (liabilities): 49,057 57,706
Members' funds
Profit and loss account: 49,057 57,706
Total members' funds: 49,057 57,706

The notes form part of these financial statements

FERRING MARINE RESIDENTS ASSOCIATION LIMITED(THE)

Balance sheet statements

For the year ending 31 December 2021 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

This report was approved by the board of directors on 30 April 2022
and signed on behalf of the board by:

Name: Mr E P MacKenna
Status: Director

The notes form part of these financial statements

FERRING MARINE RESIDENTS ASSOCIATION LIMITED(THE)

Notes to the Financial Statements

for the Period Ended 31 December 2021

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

FERRING MARINE RESIDENTS ASSOCIATION LIMITED(THE)

Notes to the Financial Statements

for the Period Ended 31 December 2021

  • 2. Employees

    2021 2020
    Average number of employees during the period 0 0

FERRING MARINE RESIDENTS ASSOCIATION LIMITED(THE)

Notes to the Financial Statements

for the Period Ended 31 December 2021

3. Debtors

2021 2020
£ £
Other debtors 875 0
Total 875 0

FERRING MARINE RESIDENTS ASSOCIATION LIMITED(THE)

Notes to the Financial Statements

for the Period Ended 31 December 2021

4. Creditors: amounts falling due within one year note

2021 2020
£ £
Other creditors 3,216 3,216
Total 3,216 3,216