The Beeches Residents Company Limited 02960971 false 2023-06-25 2024-06-24 2024-06-24 The principal activity of the company is the management and maintenance of the common parts of 27 flats known as The Beeches at Halsey Road Watford Herts Digita Accounts Production Advanced 6.30.9574.0 true true 02960971 2023-06-25 2024-06-24 02960971 2024-06-24 02960971 bus:OrdinaryShareClass1 2024-06-24 02960971 bus:PreferenceShareClass1 2024-06-24 02960971 core:CurrentFinancialInstruments 2024-06-24 02960971 core:CurrentFinancialInstruments core:WithinOneYear 2024-06-24 02960971 bus:SmallEntities 2023-06-25 2024-06-24 02960971 bus:AuditExemptWithAccountantsReport 2023-06-25 2024-06-24 02960971 bus:FilletedAccounts 2023-06-25 2024-06-24 02960971 bus:SmallCompaniesRegimeForAccounts 2023-06-25 2024-06-24 02960971 bus:RegisteredOffice 2023-06-25 2024-06-24 02960971 bus:Director3 2023-06-25 2024-06-24 02960971 bus:OrdinaryShareClass1 2023-06-25 2024-06-24 02960971 bus:PreferenceShareClass1 2023-06-25 2024-06-24 02960971 bus:PrivateLimitedCompanyLtd 2023-06-25 2024-06-24 02960971 countries:England 2023-06-25 2024-06-24 02960971 2022-06-25 2023-06-24 02960971 2023-06-24 02960971 bus:OrdinaryShareClass1 2023-06-24 02960971 bus:PreferenceShareClass1 2023-06-24 02960971 core:CurrentFinancialInstruments 2023-06-24 02960971 core:CurrentFinancialInstruments core:WithinOneYear 2023-06-24 iso4217:GBP xbrli:pure xbrli:shares

Registration number: 02960971

The Beeches Residents Company Limited

Unaudited Filleted Financial Statements

for the Year Ended 24 June 2024

 

The Beeches Residents Company Limited

Contents

Balance Sheet

1

Notes to the Unaudited Financial Statements

2 to 3

 

The Beeches Residents Company Limited

(Registration number: 02960971)
Balance Sheet as at 24 June 2024

Note

2024
£

2023
£

Current assets

 

Debtors

4

15,158

17,887

Cash at bank and in hand

 

64,814

79,850

 

79,972

97,737

Creditors: Amounts falling due within one year

5

(29,934)

(29,845)

Net assets

 

50,038

67,892

Capital and reserves

 

Called up share capital

6

1,351

1,351

Other reserves

48,687

66,541

Shareholders' funds

 

50,038

67,892

For the financial year ending 24 June 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' 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 directors acknowledge their 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 special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the Board on 16 October 2024 and signed on its behalf by:
 

.........................................
D M Crouch
Director

 

The Beeches Residents Company Limited

Notes to the Unaudited Financial Statements for the Year Ended 24 June 2024

1

General information

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

The address of its registered office is:
3rd Floor
166 College Road
Harrow
Middlesex
HA1 1BH
England

These financial statements were authorised for issue by the Board on 16 October 2024.

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.

Going concern

The financial statements have been prepared on a going concern basis.

Revenue recognition

Turnover represents amounts chargeable in respect of the sale of goods and services to customers.

3

Staff numbers

The average number of persons employed by the company (including directors) during the year, was 2 (2023 - 2).

 

The Beeches Residents Company Limited

Notes to the Unaudited Financial Statements for the Year Ended 24 June 2024

4

Debtors

Current

2024
£

2023
£

Trade debtors

9,540

10,800

Prepayments

5,618

7,087

 

15,158

17,887

5

Creditors

Creditors: amounts falling due within one year

2024
£

2023
£

Due within one year

Trade creditors

-

103

Accruals and deferred income

25,272

25,080

Other creditors

4,662

4,662

29,934

29,845

6

Share capital

Allotted, called up and fully paid shares

2024

2023

No.

£

No.

£

Ordinary shares of £50 each

27

1,350

27

1,350

Founder shares of £0.20 each

5

1

5

1

32

1,351

32

1,351

7

Reserves

The Other Reserve has been established to meet the cost of large, non-regular repair and maintenance work.