Association of Property Buyers (National) Limited 08836447 false 2023-02-01 2024-01-31 2024-01-31 The principal activity of the company is during the year was to promote, protect and co-ordinate the professional interests of property buyers and the integrity of its members. Digita Accounts Production Advanced 6.30.9574.0 true 08836447 2023-02-01 2024-01-31 08836447 2024-01-31 08836447 core:CurrentFinancialInstruments core:WithinOneYear 2024-01-31 08836447 bus:SmallEntities 2023-02-01 2024-01-31 08836447 bus:AuditExemptWithAccountantsReport 2023-02-01 2024-01-31 08836447 bus:FullAccounts 2023-02-01 2024-01-31 08836447 bus:SmallCompaniesRegimeForAccounts 2023-02-01 2024-01-31 08836447 bus:RegisteredOffice 2023-02-01 2024-01-31 08836447 bus:Director1 2023-02-01 2024-01-31 08836447 bus:CompanyLimitedByGuarantee 2023-02-01 2024-01-31 08836447 countries:EnglandWales 2023-02-01 2024-01-31 08836447 2022-02-01 2023-01-31 08836447 2023-01-31 08836447 core:CurrentFinancialInstruments core:WithinOneYear 2023-01-31 iso4217:GBP xbrli:pure

Registration number: 08836447

Association of Property Buyers (National) Limited

(A company limited by guarantee)

Annual Report and Unaudited Financial Statements

for the year ended 31 January 2024

 

Association of Property Buyers (National) Limited

Contents

Statement of Financial Position

1

Notes to the Unaudited Financial Statements

2 to 3

 

Association of Property Buyers (National) Limited

(Registration number: 08836447)
Statement of Financial Position
31 January 2024

Note

2024
£

2023
£

Current assets

 

Cash at bank and in hand

 

919

1,342

Creditors: Amounts falling due within one year

4

(14,302)

(6,720)

Net liabilities

 

(13,383)

(5,378)

Reserves

 

Retained earnings

(13,383)

(5,378)

Deficit

 

(13,383)

(5,378)

For the financial year ending 31 January 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 his 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 director has not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the director on 21 October 2024
 

.........................................
J Rolande
Director

 

Association of Property Buyers (National) Limited

Notes to the Unaudited Financial Statements
for the year ended 31 January 2024

1

General information

The company is a company limited by guarantee, incorporated in England and Wales, and consequently does not have share capital. Each of the members is liable to contribute an amount not exceeding £1 towards the assets of the company in the event of liquidation.

The address of its registered office is:
Wiston House
1 Wiston Avenue
Worthing
West Sussex
BN14 7QL
England

The principal place of business is:
38 Goring Road
Worthing
West Sussex
BN12 4AD
England

These financial statements were authorised for issue by the director on 21 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.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

 

Association of Property Buyers (National) Limited

Notes to the Unaudited Financial Statements
for the year ended 31 January 2024

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

3

Staff numbers

The average number of persons employed by the company (including the director) during the year, was 1 (2023 - 1).

4

Creditors

Creditors: amounts falling due within one year

2024
£

2023
£

Due within one year

Accruals and deferred income

252

270

Other creditors

14,050

6,450

14,302

6,720