IRIS Accounts Production v23.3.1.45 01944537 Board of Directors 1.10.22 30.9.23 30.9.23 0 0 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh019445372022-09-30019445372023-09-30019445372022-10-012023-09-30019445372021-09-30019445372021-10-012022-09-30019445372022-09-3001944537ns10:Originalns15:EnglandWales2022-10-012023-09-3001944537ns14:PoundSterlingns10:Original2022-10-012023-09-3001944537ns10:Originalns10:Director12022-10-012023-09-3001944537ns10:Original2022-10-012023-09-3001944537ns10:Original2023-09-3001944537ns10:Originalns10:PrivateLimitedCompanyLtd2022-10-012023-09-3001944537ns10:Originalns10:SmallEntities2022-10-012023-09-3001944537ns10:Originalns10:AuditExempt-NoAccountantsReport2022-10-012023-09-3001944537ns10:Originalns10:SmallCompaniesRegimeForDirectorsReport2022-10-012023-09-3001944537ns10:SmallCompaniesRegimeForAccountsns10:Original2022-10-012023-09-3001944537ns10:Originalns10:AbridgedAccounts2022-10-012023-09-3001944537ns10:Original2021-10-012022-09-3001944537ns10:Originalns10:Director22022-10-012023-09-3001944537ns10:CompanySecretary1ns10:Original2022-10-012023-09-3001944537ns10:Originalns10:RegisteredOffice2022-10-012023-09-3001944537ns10:Original2022-09-3001944537ns10:Originalns5:CurrentFinancialInstruments2023-09-3001944537ns10:Originalns5:CurrentFinancialInstruments2022-09-3001944537ns5:ShareCapitalns10:Original2023-09-3001944537ns5:ShareCapitalns10:Original2022-09-3001944537ns10:Originalns5:RetainedEarningsAccumulatedLosses2023-09-3001944537ns10:Originalns5:RetainedEarningsAccumulatedLosses2022-09-30
REGISTERED NUMBER: 01944537 (England and Wales)














Report of the Directors and

Unaudited Financial Statements

for the Year Ended 30 September 2023

for

Oak Close Residents Association Limited

Oak Close Residents Association Limited (Registered number: 01944537)






Contents of the Financial Statements
for the year ended 30 September 2023




Page

Company Information 1

Report of the Directors 2

Abridged Statement of Financial Position 3

Notes to the Financial Statements 5


Oak Close Residents Association Limited

Company Information
for the year ended 30 September 2023







DIRECTORS: B Maistre
D Woolley





SECRETARY: PM Services (London) Limited





REGISTERED OFFICE: Stanley House
49 Datrford Road
Sevenoaks
Kent
TN13 3TE





REGISTERED NUMBER: 01944537 (England and Wales)





ACCOUNTANTS: ah partnership
Chartered Accountants
Stanley House
49 Dartford Road
Sevenoaks
Kent
TN13 3TE

Oak Close Residents Association Limited (Registered number: 01944537)

Report of the Directors
for the year ended 30 September 2023

The directors present their report with the financial statements of the company for the year ended 30 September 2023.

DIRECTORS
The directors shown below have held office during the whole of the period from 1 October 2022 to the date of this report.

B Maistre
D Woolley

This report has been prepared in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

ON BEHALF OF THE BOARD:





B Maistre - Director


20 February 2024

Oak Close Residents Association Limited (Registered number: 01944537)

Abridged Statement of Financial Position
30 September 2023

2023 2022
£    £   
CURRENT ASSETS
Debtors 2,255 2,303
Cash at bank 9,293 8,851
11,548 11,154
CREDITORS
Amounts falling due within one year 1,173 1,216
NET CURRENT ASSETS 10,375 9,938
TOTAL ASSETS LESS CURRENT
LIABILITIES

10,375

9,938

CAPITAL AND RESERVES
Called up share capital 8 8
Retained earnings 10,367 9,930
SHAREHOLDERS' FUNDS 10,375 9,938

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 2023 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

Oak Close Residents Association Limited (Registered number: 01944537)

Abridged Statement of Financial Position - continued
30 September 2023


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

All the members have consented to the preparation of an abridged Statement of Financial Position for the year ended 30 September 2023 in accordance with Section 444(2A) of the Companies Act 2006.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 20 February 2024 and were signed on its behalf by:





B Maistre - Director


Oak Close Residents Association Limited (Registered number: 01944537)

Notes to the Financial Statements
for the year ended 30 September 2023

1. STATUTORY INFORMATION

Oak Close Residents Association Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

The presentation currency of the financial statements is the Pound Sterling (£).


2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the statement of financial position date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

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.

Service charges
The company derives it's income from the collection of service charge demands issued to the leaseholders of the property. It then expends these funds on the maintenance and running costs of the property.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2022 - NIL).

Oak Close Residents Association Limited (Registered number: 01944537)

Notes to the Financial Statements - continued
for the year ended 30 September 2023

4. ULTIMATE CONTROLLING PARTY

During the year the company was under the control of the board of directors.