Company Registration No. 11109647 (England and Wales)
THE ROMANTIC NOVELISTS' ASSOCIATION
Unaudited accounts
for the year ended 31 December 2023
THE ROMANTIC NOVELISTS' ASSOCIATION
Unaudited accounts
Contents
THE ROMANTIC NOVELISTS' ASSOCIATION
Company Information
for the year ended 31 December 2023
Directors
SUSAN TRACEY MERRITT
JEAN WOOLMER
ANDREA DAVIES
ANNETTE HANNAH
SHARON ELIZABETH IBBOTSON
SEANA CATHERINE TALBOT
KATIE EMMA GINGER
MARIA BERNADETTE WILSON
CATHERINE LINDA WISEMAN
Secretary
ALISON CLARE GRUGEON
Company Number
11109647 (England and Wales)
Registered Office
111 WOLSEY DRIVE
KINGSTON
SURREY
KT2 5DR
UK
Accountants
C M MITCHELL ACCOUNTANCY LTD
111 WOLSEY DRIVE
KINGSTON UPON THAMES
SURREY
KT2 5DR
THE ROMANTIC NOVELISTS' ASSOCIATION
Statement of financial position
as at 31 December 2023
Cash at bank and in hand
72,546
135,310
Creditors: amounts falling due within one year
(35,738)
(48,631)
Net current assets
40,578
98,790
Profit and loss account
41,036
99,498
Members' funds
41,036
99,498
For the year ending 31 December 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 10 August 2024 and were signed on its behalf by
JEAN WOOLMER
Director
Company Registration No. 11109647
THE ROMANTIC NOVELISTS' ASSOCIATION
Notes to the Accounts
for the year ended 31 December 2023
THE ROMANTIC NOVELISTS' ASSOCIATION is a private company, limited by guarantee, registered in England and Wales, registration number 11109647. The registered office is 111 WOLSEY DRIVE, KINGSTON, SURREY, KT2 5DR, UK.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The Romantic Novelists' Association Limited is a private company limited by guarantee incorporated in England and Wales.
The financial statements have been prepared under the historical cost convention, and presented in £ sterling.
The directors continue to consider the effects of the Covid-19 outbreak, which caused some disruption to the company's operations during the previous year. This year, however, most of the usual in-person events have been reinstated safely and successfully. The directors are confident that the company has adequate resources to continue as a going concern for a period of at least twelve months from the date of approval of these financial statements. The directors have therefore continued to adopt the going concern basis in these financial statements.
Income and expenses are included in the financial statements as they become receivable or due. Expenses include VAT where applicable as the company is not registered for VAT.
The company's main membership income and related expenses are exempt from corporation tax, being a company not carrying on a business for the purposes of making a profit. A small proportion of income relates to non-member activites and as such is subject to taxation.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Fixtures and fittings over 3 years
THE ROMANTIC NOVELISTS' ASSOCIATION
Notes to the Accounts
for the year ended 31 December 2023
4
Tangible fixed assets
Fixtures & fittings
Amounts falling due within one year
Trade debtors
3,770
12,111
6
Creditors: amounts falling due within one year
2023
2022
Taxes and social security
389
2,632
Deferred income
26,208
45,857
7
Company limited by guarantee
The company is limited by guarantee and has no share capital.
Every member of the company undertakes to contribute to the assets of the company, in the event of a winding up, such an amount as may be required not exceeding £1.
8
Post balance sheet events
Catherine Wiseman was officially appointed as Director in January 2024 and is considered a full member of the Board that presents this year's accounts.
9
Average number of employees
During the year the average number of employees was 1 (2022: 1).