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REGISTERED NUMBER: 00926215 (England and Wales)















OAKLEIGH RESIDENTS ASSOCIATION LIMITED

Unaudited Financial Statements for the Year Ended 30 June 2023






OAKLEIGH RESIDENTS ASSOCIATION LIMITED (REGISTERED NUMBER: 00926215)






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




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


OAKLEIGH RESIDENTS ASSOCIATION LIMITED

Company Information
for the year ended 30 June 2023







DIRECTORS: D G Lewsey
Ms C F Griffin
Ms S Ashley
J Williamson
G Dallas
M W Osborn





REGISTERED OFFICE: Flat 12 Oakleigh
St Martin's Avenue
Epsom
Surrey
KT18 5HR





REGISTERED NUMBER: 00926215 (England and Wales)





ACCOUNTANTS: Tudor John Limited
Nightingale House
46-48 East Street
Epsom
Surrey
KT17 1HQ

OAKLEIGH RESIDENTS ASSOCIATION LIMITED (REGISTERED NUMBER: 00926215)

Balance Sheet
30 June 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 4,253 4,400

CURRENT ASSETS
Debtors 5 3,761 2,374
Cash at bank 25,731 31,525
29,492 33,899
CREDITORS
Amounts falling due within one year 6 2,260 1,570
NET CURRENT ASSETS 27,232 32,329
TOTAL ASSETS LESS CURRENT
LIABILITIES

31,485

36,729

PROVISIONS FOR LIABILITIES 29,778 35,022
NET ASSETS 1,707 1,707

RESERVES
Income and expenditure account 1,707 1,707
1,707 1,707

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

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 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 surplus or deficit 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.

OAKLEIGH RESIDENTS ASSOCIATION LIMITED (REGISTERED NUMBER: 00926215)

Balance Sheet - continued
30 June 2023


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

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 15 March 2024 and were signed on its behalf by:





Ms C F Griffin - Director


OAKLEIGH RESIDENTS ASSOCIATION LIMITED (REGISTERED NUMBER: 00926215)

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

1. STATUTORY INFORMATION

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

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 represents service charges receivable from residents, less rebates. Any excess of service charges received over related expenditure is transferred to a provision for future repairs, which is released in years where there is a deficit.

TANGIBLE FIXED ASSETS
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Land and buildings - 2% on cost

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 balance sheet date.

DEFERRED TAX
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet 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.

3. EMPLOYEES AND DIRECTORS

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

OAKLEIGH RESIDENTS ASSOCIATION LIMITED (REGISTERED NUMBER: 00926215)

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

4. TANGIBLE FIXED ASSETS
Land and
buildings
£   
COST
At 1 July 2022
and 30 June 2023 7,332
DEPRECIATION
At 1 July 2022 2,932
Charge for year 147
At 30 June 2023 3,079
NET BOOK VALUE
At 30 June 2023 4,253
At 30 June 2022 4,400

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Other debtors 3,761 2,374

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Other creditors 2,260 1,570