IRIS Accounts Production v24.1.4.33 03853342 Board of Directors 1.1.23 31.12.23 31.12.23 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh038533422022-12-31038533422023-12-31038533422023-01-012023-12-31038533422021-12-31038533422022-01-012022-12-31038533422022-12-3103853342ns15:EnglandWales2023-01-012023-12-3103853342ns14:PoundSterling2023-01-012023-12-3103853342ns10:Director12023-01-012023-12-3103853342ns10:PrivateLimitedCompanyLtd2023-01-012023-12-3103853342ns10:SmallEntities2023-01-012023-12-3103853342ns10:AuditExempt-NoAccountantsReport2023-01-012023-12-3103853342ns10:SmallCompaniesRegimeForDirectorsReport2023-01-012023-12-3103853342ns10:SmallCompaniesRegimeForAccounts2023-01-012023-12-3103853342ns10:FullAccounts2023-01-012023-12-3103853342ns10:Director22023-01-012023-12-3103853342ns10:Director32023-01-012023-12-3103853342ns10:Director42023-01-012023-12-3103853342ns10:Director52023-01-012023-12-3103853342ns10:Director62023-01-012023-12-3103853342ns10:Director72023-01-012023-12-3103853342ns10:RegisteredOffice2023-01-012023-12-3103853342ns5:CurrentFinancialInstruments2023-12-3103853342ns5:CurrentFinancialInstruments2022-12-3103853342ns5:RetainedEarningsAccumulatedLosses2023-12-3103853342ns5:RetainedEarningsAccumulatedLosses2022-12-31
REGISTERED NUMBER: 03853342 (England and Wales)









UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2023

FOR

FELDEN HEIGHTS RESIDENTS ASSOCIATION LTD
(A COMPANY LIMITED BY GUARANTEE)

FELDEN HEIGHTS RESIDENTS ASSOCIATION LTD (REGISTERED NUMBER: 03853342)
(A COMPANY LIMITED BY GUARANTEE)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023










Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 3 to 4


FELDEN HEIGHTS RESIDENTS ASSOCIATION LTD
(A COMPANY LIMITED BY GUARANTEE)

COMPANY INFORMATION
FOR THE YEAR ENDED 31 DECEMBER 2023







DIRECTORS: Mrs F K Haddock
Mr V J Kearney
Mrs G E Kearney
Mrs D Stewart
Mr A R Stewart
Mrs V Tasbihgou
Mr H R Tasbihgou





REGISTERED OFFICE: First Floor North
40 Oxford Road
High Wycombe
Buckinghamshire
HP11 2EE





REGISTERED NUMBER: 03853342 (England and Wales)





ACCOUNTANTS: Seymour Taylor Limited
First Floor North
40 Oxford Road
High Wycombe
Buckinghamshire
HP11 2EE

FELDEN HEIGHTS RESIDENTS ASSOCIATION LTD (REGISTERED NUMBER: 03853342)
(A COMPANY LIMITED BY GUARANTEE)

STATEMENT OF FINANCIAL POSITION
31 DECEMBER 2023

2023 2022
Notes £    £   
CURRENT ASSETS
Cash at bank 101 101

CREDITORS
Amounts falling due within one year 4 1,813 1,038
NET CURRENT LIABILITIES (1,712 ) (937 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

(1,712

)

(937

)

RESERVES
Retained earnings (1,712 ) (937 )
(1,712 ) (937 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 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.

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 12 July 2024 and were signed on its behalf by:





Mrs F K Haddock - Director


FELDEN HEIGHTS RESIDENTS ASSOCIATION LTD (REGISTERED NUMBER: 03853342)
(A COMPANY LIMITED BY GUARANTEE)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023


1. STATUTORY INFORMATION

Felden Heights Residents Association Ltd is a private company limited by guarantee and incorporated in England and Wales. The address of the company's registered office is First Floor North, 40 Oxford Road, High Wycombe, Buckinghamshire, HP11 2EE. The registered number is 03853342.

The presentation currency of these financial statements is Sterling (£), being the currency of the primary economic market in which the entity operates (its functional currency). All amounts in these financial statements have been rounded to the nearest pound unless stated otherwise.

The significant accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all years presented unless otherwise stated.

2. ACCOUNTING POLICIES

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

The directors have assessed expected future cashflows, giving due consideration to all relevant factors affecting the company. The directors have considered the potential impact on the company as well as its capital resources and believe that the company has adequate resources in place to continue in operation for at least twelve months from the date of approval of the financial statements. Consequently, the company continues to adopt the going concern basis in preparing these financial statements.

Although at the statement of financial position date the company had net current liabilities and net liabilities amounting to £1,712 (2022: £937), the company is able to rely on the support of the residents. Based on information available at the date of approval and the directors' confirmation of continued support, the company continues to adopt the going concern basis in preparing these financial statements.

Taxation
Tax on the profit or loss 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 directly in equity or other comprehensive income, in which case it is recognised directly in equity or other comprehensive income.

Current tax is the expected tax payable or receivable on the taxable income or loss for the year, using tax rates enacted or substantively enacted at the statement of financial position date, and any adjustment to tax payable in respect of previous years.

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.

FELDEN HEIGHTS RESIDENTS ASSOCIATION LTD (REGISTERED NUMBER: 03853342)
(A COMPANY LIMITED BY GUARANTEE)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 DECEMBER 2023


2. ACCOUNTING POLICIES - continued

Financial instruments
The company has applied the provisions of Section 11 "Basic Financial Instruments" and Section 12 "Other Financial Instrument Issues" of FRS 102 to its financial statements.

Financial instruments are classified and accounted for, according to the substance of the contractual arrangement, as either financial assets, financial liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 7 (2022 - 7 ) .

4. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Other creditors 1,813 1,038