Company Registration No. 04812152 (England and Wales)
THE POLEHAMPTONS
RESIDENTS LIMITED
ANNUAL REPORT AND UNAUDITED
FINANCIAL STATEMENTS
FOR THE YEAR ENDED
30 JUNE 2024
PAGES FOR FILING WITH REGISTRAR
TWP Accounting LLP
Chartered Accountants
The Old Rectory
Church Street
Weybridge
Surrey
KT13 8DE
THE POLEHAMPTONS RESIDENTS LIMITED
CONTENTS
Page
Balance sheet
1
Notes to the financial statements
2 - 3
THE POLEHAMPTONS RESIDENTS LIMITED
Company Registration No. 04812152
BALANCE SHEET
- 1 -
2024
2023
Notes
£
£
£
£
Current assets
Debtors
3
805
1,218
Cash at bank and in hand
1,034
226
1,839
1,444
Creditors: amounts falling due within one year
4
(1,140)
(1,330)
Net current assets
699
114
Capital and reserves
Called up share capital
6
6
Profit and loss reserves
693
108
Total equity
699
114
The director of the company has elected not to include a copy of the profit and loss account within the financial statements.true
For the financial year ended 30 June 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The director acknowledges her responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.
The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.
These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The financial statements were approved and signed by the director and authorised for issue on 7 September 2024
G Handley
Director
THE POLEHAMPTONS RESIDENTS LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2024
- 2 -
1
Accounting policies
Company information
The Polehamptons Residents Limited is a private company limited by shares incorporated in England and Wales. The registered office is The Old Rectory, Church Street, Weybridge, Surrey, KT13 8DE.
1.1
Accounting convention
These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.
The financial statements are prepared in sterling, which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £.
The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below.
1.2
Turnover
Turnover represents amounts receivable for the management and maintenance of the common parts of the freehold managed by the company.
1.3
Cash at bank and in hand
Cash at bank and in hand are basic financial assets and include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.
2
Employees
The average monthly number of persons (including directors) employed by the company during the year was:
2024
2023
Number
Number
Total
1
1
3
Debtors
2024
2023
Amounts falling due within one year:
£
£
Other debtors
805
1,218
THE POLEHAMPTONS RESIDENTS LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 JUNE 2024
- 3 -
4
Creditors: amounts falling due within one year
2024
2023
£
£
Other creditors
1,140
1,330
1,140
1,330
5
Share deposits
The company is limited by guarantee without a share capital, with the liability of members upon winding up being limited to £1.
The share deposits represent an initial £1 contribution to the company form each member/flat owner which includes the directors.
6
Related party transactions
At the balance sheet date the company owed £nil (2023 - £310) to G Handley, a director.