Registered number
00645475
5 Palmeira Avenue (Residents) Association Ltd
Report and Accounts
29 September 2023
5 Palmeira Avenue (Residents) Association Ltd
Company Information
Directors
P J Llewellyn (Chairman)
H Sampson
S McCoy (Appointed 21/02/23)
Secretary
P J Llewellyn
Accountants
Albion Accounting and Taxation Services Ltd
35 Roman Avenue
Angmering
Littlehampton
West Sussex
BN16 4GH
Managing Agents
Priors
61 Lansdowne Place
Hove
East Sussex
BN3 1FL
Registered office
35 Roman Avenue
Angmering
Littlehampton
West Sussex
BN16 4GH
Registered number
00645475
5 Palmeira Avenue (Residents) Association Ltd
Registered number: 00645475
Directors' Report
The directors present their report and accounts for the year ended 29 September 2023.
Principal activities
The company's principal activity during the year continued to be that of a non profit making residents association.
Directors
The following persons served as directors during the year:
P J Llewellyn (Chairman)
H Sampson
S McCoy (Appointed 21/02/23)
Small company provisions
This report has been prepared in accordance with the provisions in Part 15 of the Companies Act 2006 applicable to companies subject to the small companies regime.
This report was approved by the board on 10 October 2023 and signed on its behalf.
P J Llewellyn
Director
5 Palmeira Avenue (Residents) Association Ltd
Accountants' Report
Accountants' report to the directors of
5 Palmeira Avenue (Residents) Association Ltd
You consider that the company is exempt from an audit for the year ended 29 September 2023. You have acknowledged, on the balance sheet, your responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts. These responsibilities include preparing accounts that give a true and fair view of the state of affairs of the company at the end of the financial year and of its profit or loss for the financial year.
In accordance with your instructions, we have prepared the accounts which comprise the Profit and Loss Account, the Balance Sheet and the related notes from the accounting records of the company and on the basis of information and explanations you have given to us.
We have not carried out an audit or any other review, and consequently we do not express any opinion on these accounts.
Albion Accounting and Taxation Services Ltd
Chartered Certified Accountants
35 Roman Avenue
Angmering
Littlehampton
West Sussex
BN16 4GH
10 October 2023
5 Palmeira Avenue (Residents) Association Ltd
Profit and Loss Account
for the year ended 29 September 2023
2023 2022
£ £
Administrative expenses (490) (440)
Other operating income 490 440
Operating profit - -
Profit on ordinary activities before taxation - -
Tax on profit on ordinary activities - -
Profit for the financial year - -
5 Palmeira Avenue (Residents) Association Ltd
Registered number: 00645475
Balance Sheet
as at 29 September 2023
Notes 2023 2022
£ £
Current assets
Debtors 3 100 100
Net current assets 100 100
Net assets 100 100
Capital and reserves
Called up share capital 100 100
Shareholders' funds 100 100
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.
P J Llewellyn
Director
Approved by the board on 10 October 2023
5 Palmeira Avenue (Residents) Association Ltd
Notes to the Accounts
for the year ended 29 September 2023
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).
The Company was dormant throughout the current year and the previous year and all incidental
expenses are paid by the shareholders via the maintenance account in their maintenance account
proportions.
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 2023 2022
Number Number
Average number of persons employed by the company 3 3
3 Debtors 2023 2022
£ £
Other debtors 100 100
4 Other information
5 Palmeira Avenue (Residents) Association Ltd is a private company limited by shares and incorporated in England. Its registered office is:
35 Roman Avenue
Angmering
Littlehampton
West Sussex
BN16 4GH
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