1st Connaught Park Residents Association Limited 01961713 false 2023-04-01 2024-03-31 2024-03-31 The principal activity of the company is Maintenance of common ground at Kemp Court, Bagshot, Surrey Digita Accounts Production Advanced 6.30.9574.0 true 01961713 2023-04-01 2024-03-31 01961713 2024-03-31 01961713 core:RetainedEarningsAccumulatedLosses 2024-03-31 01961713 core:ShareCapital 2024-03-31 01961713 core:CurrentFinancialInstruments 2024-03-31 01961713 core:CurrentFinancialInstruments core:WithinOneYear 2024-03-31 01961713 core:LandBuildings core:OwnedOrFreeholdAssets 2024-03-31 01961713 bus:SmallEntities 2023-04-01 2024-03-31 01961713 bus:AuditExemptWithAccountantsReport 2023-04-01 2024-03-31 01961713 bus:FullAccounts 2023-04-01 2024-03-31 01961713 bus:SmallCompaniesRegimeForAccounts 2023-04-01 2024-03-31 01961713 bus:RegisteredOffice 2023-04-01 2024-03-31 01961713 bus:Director1 2023-04-01 2024-03-31 01961713 bus:PrivateLimitedCompanyLtd 2023-04-01 2024-03-31 01961713 core:LandBuildings 2023-04-01 2024-03-31 01961713 countries:EnglandWales 2023-04-01 2024-03-31 01961713 2023-03-31 01961713 core:LandBuildings core:OwnedOrFreeholdAssets 2023-03-31 01961713 2022-04-01 2023-03-31 01961713 2023-03-31 01961713 core:RetainedEarningsAccumulatedLosses 2023-03-31 01961713 core:ShareCapital 2023-03-31 01961713 core:CurrentFinancialInstruments 2023-03-31 01961713 core:CurrentFinancialInstruments core:WithinOneYear 2023-03-31 01961713 core:LandBuildings core:OwnedOrFreeholdAssets 2023-03-31 iso4217:GBP xbrli:pure

Registration number: 01961713

1st Connaught Park Residents Association Limited

Annual Report and Unaudited Financial Statements- Companies house filing

for the Year Ended 31 March 2024

 

1st Connaught Park Residents Association Limited

(Registration number: 01961713)
Statement of Financial Position as at 31 March 2024

Note

2024
£

2023
£

Fixed assets

 

Tangible assets

4

9

9

Current assets

 

Debtors

5

985

528

Cash at bank and in hand

 

2,631

2,904

 

3,616

3,432

Creditors: Amounts falling due within one year

6

(592)

(971)

Net current assets

 

3,024

2,461

Net assets

 

3,033

2,470

Capital and reserves

 

Called up share capital

9

9

Income and expenditure account

3,024

2,461

Shareholders' funds

 

3,033

2,470

For the financial year ending 31 March 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and

The director acknowledges her responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime and the option not to file the Income Statement has been taken.

Approved and authorised by the director on 24 September 2024
 

.........................................
Mrs C A Robson
Director

 

1st Connaught Park Residents Association Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2024

1

General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is: Knoll House, Knoll Road, Camberley, Surrey, GU15 3SY. United Kingdom.

2

Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

The financial statements are prepared in sterling, which is the functional currency of the entity.

Revenue recognition

Turnover represents the amount of maintenance contributions receivable in the year and is wholly derived within the UK.

Tangible assets

Tangible assets are stated in the statement of financial position at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class

Depreciation method and rate

Freehold property

not depreciated as the carrying value represents the reversionary interest in the freehold land

Maintenance debtors

Short term debtors are measured at transaction price, less any impairment.

Cash and cash equivalents

Cash is represented by cash in hand and bank deposits.

Other creditors

Short term creditors are measured at the transaction price.

 

1st Connaught Park Residents Association Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2024

Financial instruments

The Company only enters into basic financial instruments transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans from banks and other third parties and loans to related parties.

3

Staff numbers

The average number of persons employed by the company (including the director) during the year, was 0 (2023 - 0).

Due to the nature of the company’s activities there were no employees in the current or previous year.

4

Tangible assets

Land and buildings
£

Total
£

Cost or valuation

At 1 April 2023

9

9

At 31 March 2024

9

9

Carrying amount

At 31 March 2024

9

9

At 31 March 2023

9

9

5

Debtors

2024
£

2023
£

Maintenance debtors

804

348

Prepayments

181

180

985

528

6

Creditors

Creditors: amounts falling due within one year

2024
£

2023
£

Accruals and deferred income

592

971