REGISTERED NUMBER: |
UNAUDITED FINANCIAL STATEMENTS |
FOR THE YEAR ENDED 31 MARCH 2024 |
FOR |
MARINESIDE (RESIDENTS' ASSOCIATION) |
LIMITED |
REGISTERED NUMBER: |
UNAUDITED FINANCIAL STATEMENTS |
FOR THE YEAR ENDED 31 MARCH 2024 |
FOR |
MARINESIDE (RESIDENTS' ASSOCIATION) |
LIMITED |
MARINESIDE (RESIDENTS' ASSOCIATION) |
LIMITED (REGISTERED NUMBER: 01013284) |
CONTENTS OF THE FINANCIAL STATEMENTS |
FOR THE YEAR ENDED 31 MARCH 2024 |
Page |
Balance Sheet | 1 |
MARINESIDE (RESIDENTS' ASSOCIATION) |
LIMITED (REGISTERED NUMBER: 01013284) |
BALANCE SHEET |
31 MARCH 2024 |
2024 | 2023 |
£ | £ | £ | £ |
FIXED ASSETS |
CURRENT ASSETS |
PREPAYMENTS AND ACCRUED INCOME |
CREDITORS |
Amounts falling due within one year | ( |
) | ( |
) |
NET CURRENT ASSETS |
TOTAL ASSETS LESS CURRENT LIABILITIES |
ACCRUALS AND DEFERRED INCOME |
NET ASSETS |
CAPITAL AND RESERVES |
NOTES TO THE FINANCIAL STATEMENTS |
1. | STATUTORY INFORMATION |
Marineside (Residents' Association) Limited is a |
Registered number: |
Registered office: |
The presentational currency of the financial statements is Pound Sterling (£) which is rounded to the nearest Pound (£). |
2. | AVERAGE NUMBER OF EMPLOYEES |
The average number of employees during the year was NIL (2023 - NIL). |
3. | DIRECTORS' ADVANCES, CREDITS AND GUARANTEES |
The directors, as owners of property on the Marineside Estate, are required by the Articles to be shareholders of the company and, as such, they are bound to pay the amount of the annual Management Expenses invoice payable by every shareholder. |
4. | MANAGING AGENTS INCOME |
During the year KTS Estate Management Limited, the managing agents, received income from Marineside (Residents' Association) Limited of £4,758 (2023: £4,758) as well as income from insurance commission of £12 (2023: £38). |
MARINESIDE (RESIDENTS' ASSOCIATION) |
LIMITED (REGISTERED NUMBER: 01013284) |
BALANCE SHEET - continued |
31 MARCH 2024 |
NOTES TO THE FINANCIAL STATEMENTS |
5. | BANK ACCOUNT |
Funds are held in client accounts administered by KTS Estate Management Limited. |
Account type: KTS Clients. |
Nature: Interest bearing current accounts. |
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 profit or loss 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 Board of Directors and authorised for issue on |