Company registration number 01379918 (England and Wales)
CRAUFURD COURT RESIDENTS' ASSOCIATION LIMITED
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024
PAGES FOR FILING WITH REGISTRAR
CRAUFURD COURT RESIDENTS' ASSOCIATION LIMITED
CONTENTS
Page
Balance sheet
1
Notes to the financial statements
2 - 3
CRAUFURD COURT RESIDENTS' ASSOCIATION LIMITED
BALANCE SHEET
AS AT
31 MARCH 2024
31 March 2024
- 1 -
2024
2023
Notes
£
£
£
£
Current assets
Debtors
3
2,369
706
Cash at bank and in hand
1,319
7,299
3,688
8,005
Creditors: amounts falling due within one year
4
(2,037)
(9,763)
Net current assets/(liabilities)
1,651
(1,758)
Reserves
Income and expenditure account
1,651
(1,758)
Members' funds
1,651
(1,758)
The directors of the company have elected not to include a copy of the income and expenditure account within the financial statements.true
For the financial year ended 31 March 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.
The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.
These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The financial statements were approved by the board of directors and authorised for issue on 18 November 2024 and are signed on its behalf by:
Mr D Mazzanti
Director
Company Registration No. 01379918
CRAUFURD COURT RESIDENTS' ASSOCIATION LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024
- 2 -
1
Accounting policies
Company information
Craufurd Court Residents' Association Limited is a private company limited by guarantee incorporated in England and Wales. The registered office is Wright Property Management Limited, Wrights House, 102 - 104 Hig Street, Great Missenden, Bucks, England, HP16 0BE Swan House, Savill Way, Marlow, Buckinghamshire, United Kingdom, SL7 1UB.
1.1
Accounting convention
These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.
The financial statements are prepared in sterling, which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £.
The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below.
1.2
Income and expenditure
Income comprises maintenance charges and is attributable to one continuing activity, the management and upkeep of the estate known as 'Craufurd Court'.
2
Employees
The average monthly number of persons (including directors) employed by the company during the year was:
2024
2023
Number
Number
Total
3
Debtors
2024
2023
Amounts falling due within one year:
£
£
Service charges due
1,734
706
Other debtors
635
2,369
706
CRAUFURD COURT RESIDENTS' ASSOCIATION LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
- 3 -
4
Creditors: amounts falling due within one year
2024
2023
£
£
Trade creditors
831
Other creditors
2,037
8,932
2,037
9,763
5
Members' liability
The company is operated under the rules of its memorandum and articles of association as adopted on 24 July 1978. It is a company limited by guarantee and therefore has no share capital. Overall management of the company is the responsibility of the director(s) who are elected and / or co-opted under the terms of the memorandum and articles of association.