Registered number
04399242
ROSEMARY COURT RESIDENTS ASSOCIATION (BITTERNE) LIMITED
Filleted Accounts
31 March 2024
ROSEMARY COURT RESIDENTS ASSOCIATION (BITTERNE) LIMITED
Registered number: 04399242
Balance Sheet
as at 31 March 2024
Notes 2024 2023
£ £
Fixed assets
Tangible assets 3 20,888 20,888
Current assets
Debtors 4 2,803 3,286
Cash at bank and in hand 6,166 6,306
8,969 9,592
Creditors: amounts falling due within one year 5 (659) (767)
Net current assets 8,310 8,825
Net assets 29,198 29,713
Capital and reserves
Called up share capital 16 16
Share premium 20,000 20,000
Profit and loss account 9,182 9,697
Shareholders' funds 29,198 29,713
The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
N Rendell
Director
Approved by the board on 29 August 2024
ROSEMARY COURT RESIDENTS ASSOCIATION (BITTERNE) LIMITED
Notes to the Accounts
for the year ended 31 March 2024
1 Accounting policies
Basis of preparation
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).
Turnover
Turnover represents Service Charges levied on the residents to fund the ongoing maintenance of the the property, the company is not registered for value added tax.
Debtors
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.
Creditors
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.
2 Employees 2024 2023
Number Number
Average number of persons employed by the company 1 1
3 Tangible fixed assets
Land and buildings
£
Cost
At 1 April 2023 20,888
At 31 March 2024 20,888
Depreciation
At 31 March 2024 -
Net book value
At 31 March 2024 20,888
At 31 March 2023 20,888
4 Debtors 2024 2023
£ £
Trade debtors - 564
Prepayments 2,803 2,722
2,803 3,286
5 Creditors: amounts falling due within one year 2024 2023
£ £
Other creditors 659 767
6 Other information
ROSEMARY COURT RESIDENTS ASSOCIATION (BITTERNE) LIMITED is a private company limited by shares and incorporated in England. Its registered office is:
Tree Tops, Richmond Close,
Chandlers Ford. SO53 5RA
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