Waters Edge Residents Association (Sandside) Limited |
Notes to the Accounts |
for the year ended 31 March 2024 |
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1 |
Accounting policies |
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Basis of preparation |
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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. |
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Service charges collected are held on trust for the purpose of meeting the relevant costs in relation to the property in accordance with the provisions of Section 42 of the Landlord and Tenant Act 1987 and the company acts as trustee in this capacity. |
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The Service charges collected and relevant costs relating to the service charges are not included in the company accounts. Information relating to the service charges is dealt with as a separate statement of account. |
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Taxation |
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No liability to Corporation tax arose in the year ending 31st March 2024 nor in the year ending 31st March 2023 |
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2 |
Employees |
2024 |
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2023 |
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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Cost |
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At 1 April 2023 |
2,000 |
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At 31 March 2024 |
2,000 |
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Depreciation |
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At 31 March 2024 |
- |
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Net book value |
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At 31 March 2024 |
2,000 |
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At 31 March 2023 |
2,000 |
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Included in land and buildings is freehold land of £2000 which is not depreciated. The company also owns the freehold land and forecourt upon which the Waters Edge flats are built. This freehold was aquired at no cost to the company |
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4 |
Other information |
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Waters Edge Residents Association (Sandside) Limited is a private company limited by guarantee and incorporated in England. Its registered office is: |
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29 St Annes Road West |
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Lytham St Annes |
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Lancs |
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FY8 1SB |