2023-01-01 02642402 2023-12-31 02642402 2023-01-01 2023-12-31 02642402 2022-12-31 02642402 2022-01-01 2022-12-31 02642402 uk-core:WithinOneYear 2022-12-31 02642402 uk-core:WithinOneYear 2023-12-31 02642402 uk-core:ShareCapital 2023-12-31 02642402 uk-core:ShareCapital 2022-12-31 02642402 uk-core:RetainedEarningsAccumulatedLosses 2023-12-31 02642402 uk-core:RetainedEarningsAccumulatedLosses 2022-12-31 02642402 uk-bus:Director1 2023-01-01 2023-12-31 iso4217:GBP xbrli:pure 02642402 uk-bus:AuditExemptWithAccountantsReport 2023-01-01 2023-12-31 02642402 uk-bus:FRS102 2023-01-01 2023-12-31 02642402 uk-bus:FilletedAccounts 2023-01-01 2023-12-31 02642402 uk-bus:PrivateLimitedCompanyLtd 2023-01-01 2023-12-31
Cloverfield Number 2 Residents Association Limited
Registered Number:02642402
For the year ended 31 December 2023
England and Wales
Unaudited Financial Statements
2
For the year ended 31 December 2023
Cloverfield Number 2 Residents Association Limited
Contents Page
1
Statement of Financial Position
2 to 3
Notes to the Financial Statements
3
Registered Number :
02642402
As at 31 December 2023
Cloverfield Number 2 Residents Association Limited
Statement of Financial Position
£
£
2022
2023
Notes
Current assets
Trade and other receivables
7,460
4,681
2
6,763
Cash and cash equivalents
8,156
12,837
14,223
Trade and other payables: amounts falling due within
one year
(9,232)
(7,268)
3
4,991
5,569
Net current assets
Total assets less current liabilities
5,569
4,991
5,569
Net assets
4,991
Capital and reserves
Called up share capital
20
20
Retained earnings
5,549
4,971
5,569
4,991
Shareholders' funds
For the year ended 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 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 proper 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 Section 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 have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
Mr Paul Andrew Bedford Director
These financial statements were approved and authorised for issue by the Board on 27 August 2024 and were signed by:
The notes form part of these financial statements
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4
For the year ended 31 December 2023
Cloverfield Number 2 Residents Association Limited
Notes to the Financial Statements
Statutory Information
Cloverfield Number 2 Residents Association Limited is a private limited company, limited by shares,
domiciled in England and Wales, registration number 02642402.
Registered address:
C/O Thetford Block Management Ltd
8 Grass Yard
Kimbolton
Huntingdon
PE28 0HQ
The presentation currency is £ sterling.
1. Accounting policies
Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A 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
costs convention as modified by the revaluation of certain assets.
Revenue recognition
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.
2. Trade and other receivables
2022
2023
£
£
Trade debtors
4,681
7,460
3. Trade and other payables: amounts falling due within one year
2022
2023
£
£
Trade creditors
4,564
5,328
Other creditors
2,704
3,904
7,268
9,232
4. Related party transactions
The whole of the turnover of the company is with related parties as it represents either service charges or
other income in respect of properties at Thistle Close, Thetford. Each member holds a leasehold interest
in the freehold owned by the management company for which no payment is received
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5
For the year ended 31 December 2023
Cloverfield Number 2 Residents Association Limited
Notes to the Financial Statements Continued
5. Average number of persons employed
During the year the average number of employees was 0
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