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REGISTERED NUMBER: 03612118 (England and Wales)




UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 AUGUST 2024

FOR

WESTBROOK COURT
RESIDENTS ASSOCIATION LIMITED

WESTBROOK COURT
RESIDENTS ASSOCIATION LIMITED (REGISTERED NUMBER: 03612118)






CONTENTS OF THE FINANCIAL STATEMENTS
for the year ended 31 August 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


WESTBROOK COURT
RESIDENTS ASSOCIATION LIMITED

COMPANY INFORMATION
for the year ended 31 August 2024







DIRECTORS: Mrs J R Mallier
Mrs C L McGonigle
R Turner
Mrs P M Hill
V E Hooley
A Thomas





SECRETARY: P A McGonigle





REGISTERED OFFICE: 16 Sutherland Avenue
Coventry
West Midlands
CV5 7RB





REGISTERED NUMBER: 03612118 (England and Wales)





ACCOUNTANTS: LDP Luckmans
1110 Elliott Court
Coventry Business Park
Herald Avenue
Coventry
West Midlands
CV5 6UB

WESTBROOK COURT
RESIDENTS ASSOCIATION LIMITED (REGISTERED NUMBER: 03612118)

BALANCE SHEET
31 August 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 597 704

CURRENT ASSETS
Debtors 5 6,833 5,934
Cash at bank 100,141 122,969
106,974 128,903
CREDITORS
Amounts falling due within one year 6 1,600 2,641
NET CURRENT ASSETS 105,374 126,262
TOTAL ASSETS LESS CURRENT
LIABILITIES

105,971

126,966

RESERVES
Sinking fund 100,000 100,000
Income and expenditure account 5,971 26,966
105,971 126,966

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 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 1 November 2024 and were signed on its behalf by:





R Turner - Director


WESTBROOK COURT
RESIDENTS ASSOCIATION LIMITED (REGISTERED NUMBER: 03612118)

NOTES TO THE FINANCIAL STATEMENTS
for the year ended 31 August 2024

1. STATUTORY INFORMATION

Westbrook Court Residents Association 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.

The presentation currency of the financial statements is the Pound Sterling (£).


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 maintenance charges due from the 40 flats.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Fixtures and fittings - 25% on reducing balance

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at 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 recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

3. EMPLOYEES AND DIRECTORS

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

WESTBROOK COURT
RESIDENTS ASSOCIATION LIMITED (REGISTERED NUMBER: 03612118)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the year ended 31 August 2024

4. TANGIBLE FIXED ASSETS
Fixtures
and Computer
fittings equipment Totals
£    £    £   
COST
At 1 September 2023
and 31 August 2024 4,548 700 5,248
DEPRECIATION
At 1 September 2023 4,535 9 4,544
Charge for year 3 104 107
At 31 August 2024 4,538 113 4,651
NET BOOK VALUE
At 31 August 2024 10 587 597
At 31 August 2023 13 691 704

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 1,300 200
Prepayments 5,533 5,734
6,833 5,934

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Accruals and deferred income 600 400
Accrued expenses 1,000 2,241
1,600 2,641