Registration number:
Fairways (Camberley) Residents Management Company Limited
for the Period from 1 January 2024 to 30 September 2024
Fairways (Camberley) Residents Management Company Limited
(Registration number: 07506691)
Statement of Financial Position as at 30 September 2024
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2024 |
2023 |
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Fixed assets |
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Tangible assets |
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Capital and reserves |
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Other reserves |
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Shareholders' funds |
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For the financial period ending 30 September 2024 the company was entitled to exemption from audit under section 480 of the Companies Act 2006 relating to dormant companies.
Directors' responsibilities:
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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.
Approved and authorised by the
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Fairways (Camberley) Residents Management Company Limited
Notes to the Unaudited Financial Statements for the Period from 1 January 2024 to 30 September 2024
General information |
The company is a private company limited by share capital, incorporated in England and Wales.
The address of its registered office is:
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.
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 Land |
0% |
Fairways (Camberley) Residents Management Company Limited
Notes to the Unaudited Financial Statements for the Period from 1 January 2024 to 30 September 2024
Tangible assets |
Freehold Land |
Total |
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Cost or valuation |
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At 1 January 2024 |
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At 30 September 2024 |
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Depreciation |
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Carrying amount |
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At 30 September 2024 |
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At 31 December 2023 |
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Included within the net book value above is £10 (2023 - £10) in respect of freehold land. The compay owns the freehold of the common parts of Kensington Drive,Prior Road, Camberley for the benefit of the residents from time to time. It is stated at a nominal value of £1 per house..
Staff numbers |
The average number of persons employed by the company (including directors) during the period, was