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REGISTERED NUMBER: 04419315 (England and Wales)















FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024

FOR

Locata (Housing Services) Limited

Locata (Housing Services) Limited (Registered number: 04419315)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


Locata (Housing Services) Limited

COMPANY INFORMATION
FOR THE YEAR ENDED 31 MARCH 2024







DIRECTORS: L Coaker
W J S Dempsey
Ms R Leigh
R M Sturley
M G D Traynor
H Osinaike
Mrs J Hagan
L Mcknight
Mrs R Mcfarlane
Mrs Campbell
S R C Jefford
Ms N S Graham





SECRETARY: P J Riley





REGISTERED OFFICE: 3 Bunhill Row
London
EC1Y 8YZ





REGISTERED NUMBER: 04419315 (England and Wales)





ACCOUNTANTS: Jones & Co
Sherwood House
41 Queens Road
Farnborough
Hants
GU14 6JP

Locata (Housing Services) Limited (Registered number: 04419315)

BALANCE SHEET
31 MARCH 2024

31.3.24 31.3.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 13,165 9,955

CURRENT ASSETS
Debtors 5 1,179,759 924,953
Cash at bank and in hand 134,615 183,138
1,314,374 1,108,091
CREDITORS
Amounts falling due within one year 6 656,658 457,551
NET CURRENT ASSETS 657,716 650,540
TOTAL ASSETS LESS CURRENT
LIABILITIES

670,881

660,495

RESERVES
Income and expenditure account 670,881 660,495
670,881 660,495

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its surplus or deficit for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 20 September 2024 and were signed on its behalf by:





R M Sturley - Director


Locata (Housing Services) Limited (Registered number: 04419315)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

1. STATUTORY INFORMATION

Locata (Housing Services) Limited is a private company, limited by guarantee , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover represents contributions from members and non-members for choice based lettings IT services provided. Invoices for these services are raised on an annual or quarterly basis and all income is recognised in the period in which it is earned.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Office equipment - 20% on reducing balance

Taxation
Taxation for the year comprises current tax recognised as the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is not recognised in respect of any timing differences that have originated but not reversed at the balance sheet date since the amount is not considered to be material.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to surplus or deficit on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 11 (2023 - 11 ) .

4. TANGIBLE FIXED ASSETS
Office
equipment
£   
COST
At 1 April 2023 51,739
Additions 6,502
At 31 March 2024 58,241
DEPRECIATION
At 1 April 2023 41,784
Charge for year 3,292
At 31 March 2024 45,076
NET BOOK VALUE
At 31 March 2024 13,165
At 31 March 2023 9,955

Locata (Housing Services) Limited (Registered number: 04419315)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2024

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.3.23
£    £   
Trade debtors 933,370 846,852
Other debtors 246,389 78,101
1,179,759 924,953

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.3.23
£    £   
Trade creditors 577,370 371,758
Taxation and social security 19,095 26,148
Other creditors 60,193 59,645
656,658 457,551