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REGISTERED NUMBER: 02035610 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024

FOR

MILLSIDE PLACE RESIDENTS ASSOCIATION
(ISLEWORTH) LIMITED

MILLSIDE PLACE RESIDENTS ASSOCIATION
(ISLEWORTH) LIMITED (REGISTERED NUMBER: 02035610)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024




Page

Balance Sheet 1

Notes to the Financial Statements 2


MILLSIDE PLACE RESIDENTS ASSOCIATION
(ISLEWORTH) LIMITED (REGISTERED NUMBER: 02035610)

BALANCE SHEET
31 MARCH 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 353 392

CURRENT ASSETS
Debtors 5 708 333
Cash at bank and in hand 98,224 103,820
98,932 104,153
CREDITORS
Amounts falling due within one year 6 98,965 104,225
NET CURRENT LIABILITIES (33 ) (72 )
TOTAL ASSETS LESS CURRENT LIABILITIES 320 320

CAPITAL AND RESERVES
Called up share capital 7 320 320
SHAREHOLDERS' FUNDS 320 320

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2024 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 25 July 2024 and were signed on its behalf by:





Mr T B Hazell - Director


MILLSIDE PLACE RESIDENTS ASSOCIATION
(ISLEWORTH) LIMITED (REGISTERED NUMBER: 02035610)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

1. STATUTORY INFORMATION

Millside Place Residents Association (Isleworth) Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

Registered number: 02035610

Registered office: Ingram House
6 Meridian Way
Norwich
NR7 0TA

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.

The financial statements are presented in sterling, which is the functional currency of the company.

Turnover
Turnover represent service charges receivable.

Tangible assets
Tangible assets are recorded at cost less accumulated depreciation. Depreciation is calculated so as to write off the cost of fixed assets, less their estimated residual values, over the expected useful economic lives of the assets concerned. The principal annual rates used for this purpose are as follows:-

Fixtures & Fittings 10% reducing balance
Equipment 10% reducing balance

Members funds
Any surplus or deficit arising at the year end is transferred to members funds which are carried forward within other creditors at the balance sheet date.

3. AVERAGE NUMBER OF EMPLOYEES

The average number of employees during the year was NIL (2023 - NIL).

4. TANGIBLE ASSETS
Plant and
machinery
etc
£   
COST
At 1 April 2023
and 31 March 2024 10,385
DEPRECIATION
At 1 April 2023 9,993
Charge for year 39
At 31 March 2024 10,032
NET BOOK VALUE
At 31 March 2024 353
At 31 March 2023 392

MILLSIDE PLACE RESIDENTS ASSOCIATION
(ISLEWORTH) LIMITED (REGISTERED NUMBER: 02035610)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2024

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 430 80
Other debtors 278 253
708 333

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

20242023
££
Members funds 90,46494,947
Accruals and deferred income 8,5019,278
98,965 104,225

7. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £    £   
32 Ordinary £10 320 320

8. RESERVES
Retained
earnings
£   

Deficit for the year (4,484 )
Transfer to members funds 4,484
At 31 March 2024 -

9. RELATED PARTY DISCLOSURES

Members funds are carried forward for use in future maintenance of communal property. As at 31 March 2024 members funds, included within other creditors amounted to £90,464 (2023 - £94,947).

10. ULTIMATE CONTROLLING PARTY

The members of the company are the individual property owners and their liability is limited to contribution of £10. There is no controlling party.