ALBURY PLACE RESIDENTS ASSOCIATION LIMITED |
Registered number: |
03099455 |
Directors' Report |
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The directors present their report and accounts for the year ended 30 September 2023. |
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Principal activities |
The company's principal activity during the year continued to be solely as Landlord and Managing Agents for land and premises at Albury Place, Albury Road, Merstham, Redhill, Surrey, RH1 3HP |
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Directors |
The following persons served as directors during the year: |
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P G Bridges |
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R R Bushby |
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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. |
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This report was approved by the board on 9 April 2024 and signed on its behalf. |
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P G Bridges |
Director |
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ALBURY PLACE RESIDENTS ASSOCIATION LIMITED |
Registered number: |
03099455 |
Balance Sheet |
as at 30 September 2023 |
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Notes |
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|
2023 |
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|
2022 |
£ |
£ |
Fixed Assets |
Tangible assets |
3 |
|
|
4 |
|
|
4 |
|
Current Assets |
Debtors |
4 |
|
195 |
|
|
247 |
Cash at Bank and In Hand |
|
|
14,292 |
|
|
14,493 |
|
|
|
14,487 |
|
|
14,740 |
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Creditors: Amounts Falling Due Within One Year |
5 |
|
(1,221) |
|
|
(586) |
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Net Current Assets |
|
|
|
13,266 |
|
|
14,154 |
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Net Assets |
|
|
|
13,270 |
|
|
14,158 |
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|
|
|
|
|
|
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Capital and Reserves |
Accumulated Fund |
|
|
|
13,270 |
|
|
14,158 |
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Accumulated Fund |
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|
|
13,270 |
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|
14,158 |
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|
|
|
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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 member has 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 income & expenditure account has not been delivered to the Registrar of Companies. |
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R R Bushby |
Director |
Approved by the board on 9 April 2024 |
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ALBURY PLACE RESIDENTS ASSOCIATION LIMITED |
Notes to the Accounts |
for the year ended 30 September 2023 |
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1 |
Accounting policies |
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Basis of preparation |
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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). |
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Turnover - Transfer from Accumulated Fund |
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The Company does not trade and so does not have a Trading Turnover. An amount is transferred from the Accumulated Fund sufficient to cover expenditure for the year. |
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Tangible fixed assets |
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Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows: |
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Fixtures, fittings, tools and equipment |
25% Reducing Balance |
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2 |
Employees |
2023 |
|
2022 |
Number |
Number |
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Average number of persons employed by the company |
- |
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- |
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3 |
Tangible fixed assets |
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Land and buildings |
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Plant and machinery etc |
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Total |
£ |
£ |
£ |
|
Cost |
|
At 1 October 2022 |
1 |
|
507 |
|
508 |
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At 30 September 2023 |
1 |
|
507 |
|
508 |
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|
|
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|
|
|
|
|
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Depreciation |
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At 1 October 2022 |
- |
|
504 |
|
504 |
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At 30 September 2023 |
- |
|
504 |
|
504 |
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|
|
|
|
|
|
|
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Net book value |
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At 30 September 2023 |
1 |
|
3 |
|
4 |
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At 30 September 2022 |
1 |
|
3 |
|
4 |
|
|
4 |
Debtors |
2023 |
|
2022 |
£ |
£ |
|
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Sundry Debtors & Prepayments |
195 |
|
247 |
|
|
|
|
|
|
|
|
|
|
5 |
Creditors: amounts falling due within one year |
2023 |
|
2022 |
£ |
£ |
|
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Sundry Creditors & Accruals |
1,221 |
|
586 |
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|
|
|
|
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|
|
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6 |
Accumulated Fund |
2023 |
|
2022 |
£ |
£ |
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Fund balance brought forward |
14,158 |
|
14,319 |
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Maintenance Monies due this year |
3,600 |
|
3,600 |
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Transfer to Income & Expenditure Account |
(4,488) |
|
(3,761) |
|
|
|
|
|
|
|
13,270 |
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14,158 |
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7 |
Other information |
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ALBURY PLACE RESIDENTS ASSOCIATION LIMITED is a private company limited by guarantee and incorporated in England. Its registered office is: |
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Station House |
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Station Road |
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Betchworth |
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Surrey |
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RH3 7BZ |