REGISTERED NUMBER: |
REPORT OF THE DIRECTOR AND |
UNAUDITED FINANCIAL STATEMENTS |
FOR THE YEAR ENDED 30TH JUNE 2024 |
FOR |
SYON COURT RESIDENTS ASSOCIATION LIMITED |
REGISTERED NUMBER: |
REPORT OF THE DIRECTOR AND |
UNAUDITED FINANCIAL STATEMENTS |
FOR THE YEAR ENDED 30TH JUNE 2024 |
FOR |
SYON COURT RESIDENTS ASSOCIATION LIMITED |
SYON COURT RESIDENTS ASSOCIATION LIMITED (REGISTERED NUMBER: 05897679) |
CONTENTS OF THE FINANCIAL STATEMENTS |
FOR THE YEAR ENDED 30TH JUNE 2024 |
Page |
Company Information | 1 |
Report of the Director | 2 |
Income Statement | 3 |
Balance Sheet | 4 |
Notes to the Financial Statements | 5 |
SYON COURT RESIDENTS ASSOCIATION LIMITED |
COMPANY INFORMATION |
FOR THE YEAR ENDED 30TH JUNE 2024 |
DIRECTOR: |
SECRETARY: |
REGISTERED OFFICE: |
REGISTERED NUMBER: |
ACCOUNTANTS: |
Chartered Accountants |
Sutherland House |
1759 London Road |
Leigh on Sea |
Essex |
SS9 2RZ |
SYON COURT RESIDENTS ASSOCIATION LIMITED (REGISTERED NUMBER: 05897679) |
REPORT OF THE DIRECTOR |
FOR THE YEAR ENDED 30TH JUNE 2024 |
The director presents his report with the financial statements of the company for the year ended 30th June 2024. |
PRINCIPAL ACTIVITY |
The principal activity of the company in the year under review was that of the administration of variable service charges as agents of the statutory trust for the residents Garden House, 31 The Avenue, Wanstead, London E11 2EE. |
In accordance with guidance contained in ICAEW publication Tech 3/11 and FRC UITF publication 92 (withdrawn) the company have recorded transactions where it may be deemed to have been acting as a principal or undisclosed agent to purchase goods and services on behalf of the service charge. |
Balances in the financial statements relate solely to amounts due to or from the service charge. |
Lessees can obtain the full set of information about service charges in separately prepared service charge accounts. |
DIRECTORS |
Other changes in directors holding office are as follows: |
This report has been prepared in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies. |
ON BEHALF OF THE BOARD: |
SYON COURT RESIDENTS ASSOCIATION LIMITED (REGISTERED NUMBER: 05897679) |
INCOME STATEMENT |
FOR THE YEAR ENDED 30TH JUNE 2024 |
2024 | 2023 |
£ | £ |
TURNOVER |
Administrative expenses |
(20,355 | ) | (22,921 | ) |
Other operating income |
OPERATING SURPLUS and |
SURPLUS BEFORE TAXATION |
Tax on surplus |
SURPLUS FOR THE FINANCIAL YEAR |
SYON COURT RESIDENTS ASSOCIATION LIMITED (REGISTERED NUMBER: 05897679) |
BALANCE SHEET |
30TH JUNE 2024 |
2024 | 2023 |
Notes | £ | £ |
CURRENT ASSETS |
Debtors | 5 |
CREDITORS |
Amounts falling due within one year | 6 |
TOTAL ASSETS LESS CURRENT LIABILITIES |
RESERVES | - | - |
The director acknowledges his 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 were approved by the director and authorised for issue on |
SYON COURT RESIDENTS ASSOCIATION LIMITED (REGISTERED NUMBER: 05897679) |
NOTES TO THE FINANCIAL STATEMENTS |
FOR THE YEAR ENDED 30TH JUNE 2024 |
1. | STATUTORY INFORMATION |
Syon Court Residents Association Limited is a |
2. | ACCOUNTING POLICIES |
Basis of preparing the financial statements |
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. |
3. | EMPLOYEES AND DIRECTORS |
The average number of employees during the year was NIL (2023 - NIL). |
4. | SERVICE CHARGE BALANCES |
Service Charge funds were held in trust at Barclays bank. |
At the balance sheet date the balance was £16,018(2023 £17,634) |
Unpaid service charges £2,424 (2023 £666) |
5. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
2024 | 2023 |
£ | £ |
Other debtors |
6. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
2024 | 2023 |
£ | £ |
Trade creditors |
Other creditors |