Company Registration No. SC484583 (Scotland)
Plantation Community Association
Unaudited accounts
for the year ended 31 December 2023
Plantation Community Association
Unaudited accounts
Contents
Plantation Community Association
Company Information
for the year ended 31 December 2023
Directors
B Watson
A McPhail
J Joshua
J Macmillan
C McLeish
Company Number
SC484583 (Scotland)
Registered Office
An Drochaid
Claggan Road
Fort William
PH33 6PH
Accountants
Sarah Kennedy
Nevis Accountancy Services Limited
Office 6, An Drochaid, Claggan Road
Claggan, Fort William
Inverness-shire
PH33 6PH
Chartered Certified Accountants' report to the board of directors on the preparation of the unaudited statutory accounts of
Plantation Community Association
for the year ended 31 December 2023
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of
Plantation Community Association for the year ended
31 December 2023 as set out on pages
5 -
7 from the Company's accounting records and from information and explanations you have given us.
As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at https://www.accaglobal.com/uk/en/about-us/regulation/rulebook.html
This report is made solely to the Board of Directors of Plantation Community Association, as a body, in accordance with the terms of our engagement letter dated 28 August 2019. Our work has been undertaken solely to prepare for your approval the accounts of Plantation Community Association and state those matters that we have agreed to state to the Board of Directors of Plantation Community Association, as a body, in this report in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at http://www.accaglobal.com/content/dam/ACCA_Global/Technical/fact/technical-factsheet-163.pdf. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Plantation Community Association and its Board of Directors as a body for our work or for this report.
It is your duty to ensure that Plantation Community Association has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit of Plantation Community Association. You consider that Plantation Community Association is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the accounts of Plantation Community Association. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.
Sarah Kennedy
Chartered Certified Accountants
Nevis Accountancy Services Limited
Office 6, An Drochaid, Claggan Road
Claggan, Fort William
Inverness-shire
PH33 6PH
8 February 2025
Plantation Community Association
Statement of financial position
as at 31 December 2023
Tangible assets
131,015
142,925
Cash at bank and in hand
8,277
5,792
Creditors: amounts falling due within one year
(136,456)
(148,340)
Net current liabilities
(128,179)
(142,548)
Profit and loss account
2,836
377
For the year ending 31 December 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 8 February 2025 and were signed on its behalf by
A McPhail
Director
Company Registration No. SC484583
Plantation Community Association
Notes to the Accounts
for the year ended 31 December 2023
Plantation Community Association is a private company, limited by guarantee, registered in Scotland, registration number SC484583. The registered office is An Drochaid, Claggan Road, Fort William, PH33 6PH.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Other tangible fixed assets
20 years
4
Tangible fixed assets
Land & buildings
At 31 December 2023
238,205
Charge for the year
11,910
At 31 December 2023
107,190
At 31 December 2023
131,015
At 31 December 2022
142,925
5
Creditors: amounts falling due within one year
2023
2022
Taxes and social security
154
-
Other creditors
5,000
5,000
Deferred income
131,014
142,924
Plantation Community Association
Notes to the Accounts
for the year ended 31 December 2023
6
Company limited by guarantee
The company is limited by guarantee and has no share capital.
Every member of the company undertakes to contribute to the assets of the company, in the event of a winding up, such an amount as may be required not exceeding £1.
7
Average number of employees
During the year the average number of employees was 0 (2022: 0).