REGISTERED NUMBER: |
UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 APRIL 2024 |
FOR |
16 GRANGE ROAD RESIDENTS ASSOCIATION |
LIMITED |
REGISTERED NUMBER: |
UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 APRIL 2024 |
FOR |
16 GRANGE ROAD RESIDENTS ASSOCIATION |
LIMITED |
16 GRANGE ROAD RESIDENTS ASSOCIATION |
LIMITED (REGISTERED NUMBER: 02710058) |
CONTENTS OF THE FINANCIAL STATEMENTS |
for the Year Ended 30 April 2024 |
Page |
Company Information | 1 |
Balance Sheet | 2 |
Notes to the Financial Statements | 3 |
16 GRANGE ROAD RESIDENTS ASSOCIATION |
LIMITED |
COMPANY INFORMATION |
for the Year Ended 30 April 2024 |
DIRECTORS: |
SECRETARY: |
REGISTERED OFFICE: |
REGISTERED NUMBER: |
ACCOUNTANTS: |
Chartered Accountants |
35 Coombe Road |
Kingston Upon Thames |
SURREY |
KT2 7BA |
16 GRANGE ROAD RESIDENTS ASSOCIATION |
LIMITED (REGISTERED NUMBER: 02710058) |
BALANCE SHEET |
30 April 2024 |
2024 | 2023 |
Notes | £ | £ | £ | £ |
FIXED ASSETS |
Tangible assets | 4 |
CURRENT ASSETS |
Debtors | 5 |
Cash at bank |
CREDITORS |
Amounts falling due within one year | 6 |
NET CURRENT ASSETS |
TOTAL ASSETS LESS CURRENT LIABILITIES |
RESERVES |
Income and expenditure account |
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. |
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 |
16 GRANGE ROAD RESIDENTS ASSOCIATION |
LIMITED (REGISTERED NUMBER: 02710058) |
NOTES TO THE FINANCIAL STATEMENTS |
for the Year Ended 30 April 2024 |
1. | STATUTORY INFORMATION |
16 GRANGE ROAD RESIDENTS ASSOCIATION LIMITED is a |
2. | ACCOUNTING POLICIES |
Basis of preparing the financial statements |
Turnover |
Represents service charge receivable by the company from the residents of Flats A-C at 16 Grange Road, Chiswick. |
Service charge contributions is £200.00 per Flat per month. |
Tangible fixed assets |
No depreciation has been provided in the accounts on freehold properties. |
3. | EMPLOYEES AND DIRECTORS |
The average number of employees during the year was |
4. | TANGIBLE FIXED ASSETS |
Land and |
buildings |
£ |
COST |
At 1 May 2023 |
and 30 April 2024 |
NET BOOK VALUE |
At 30 April 2024 |
At 30 April 2023 |
5. | DEBTORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR |
2024 | 2023 |
£ | £ |
Service charge contribution |
due from Flat A |
6. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
2024 | 2023 |
£ | £ |
Other creditors |
16 GRANGE ROAD RESIDENTS ASSOCIATION |
LIMITED (REGISTERED NUMBER: 02710058) |
NOTES TO THE FINANCIAL STATEMENTS - continued |
for the Year Ended 30 April 2024 |
6. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR - continued |
The following sums included in creditors above were due to the following director/shareholder/leaseholder: |
(i) £3,253 (2022: £3,253) - R Bixby (Flat A) |
7. | DIRECTORS' ADVANCES, CREDITS AND GUARANTEES |
During the year, the following transactions with directors/leaseholders took place: |
(i) Mr Bixby (Flat A) paid from his own private funds, the company's Building insurance |
premium of £2,297.46 . This amount was repaid back to him on the 1st September 2023. |
(ii) The amount of £3,253 owed to Mr Bixby as at 30 April 2022 year end, still remains outstanding at 30 April 2023 year end. (note 7) |
(iii) Service contributions due from all directors/leaseholders were all received on time by the company. |
8. | ULTIMATE CONTROLLING PARTY |
The directors are the ultimate controlling parties. |
9. | SHARE CAPITAL |
The company is limited by Guarantee and does not have a share capital. |