REGISTERED NUMBER: |
Unaudited Financial Statements for the Year Ended 31 March 2024 |
for |
KINGS LODGE (FINCHLEY) RTM |
COMPANY LIMITED |
REGISTERED NUMBER: |
Unaudited Financial Statements for the Year Ended 31 March 2024 |
for |
KINGS LODGE (FINCHLEY) RTM |
COMPANY LIMITED |
KINGS LODGE (FINCHLEY) RTM (Registered number: 08695524) |
COMPANY LIMITED |
Contents of the Financial Statements |
for the Year Ended 31 MARCH 2024 |
Page |
Company Information | 1 |
Balance Sheet | 2 |
Notes to the Financial Statements | 3 |
KINGS LODGE (FINCHLEY) RTM |
COMPANY LIMITED |
Company Information |
for the Year Ended 31 MARCH 2024 |
DIRECTORS: |
REGISTERED OFFICE: |
REGISTERED NUMBER: |
ACCOUNTANTS: |
Chartered Accountants |
Suite 2C, Brosnan House |
175 Darkes Lane |
Potters Bar |
Hertfordshire |
EN6 1BW |
KINGS LODGE (FINCHLEY) RTM (Registered number: 08695524) |
COMPANY LIMITED |
Balance Sheet |
31 MARCH 2024 |
31.3.24 | 31.3.23 |
Notes | £ | £ | £ | £ |
FIXED ASSETS |
Tangible assets | 4 |
CURRENT ASSETS |
Debtors | 5 |
Cash at bank and in hand |
CREDITORS |
Amounts falling due within one year | 6 |
NET CURRENT ASSETS |
TOTAL ASSETS LESS CURRENT LIABILITIES |
RESERVES |
Sinking fund for future |
maintenance | 7 |
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 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 Board of Directors and authorised for issue on |
KINGS LODGE (FINCHLEY) RTM (Registered number: 08695524) |
COMPANY LIMITED |
Notes to the Financial Statements |
for the Year Ended 31 MARCH 2024 |
1. | STATUTORY INFORMATION |
KINGS LODGE (FINCHLEY) RTM is a |
2. | ACCOUNTING POLICIES |
Basis of preparing the financial statements |
Income |
Income represents service charges receivable from the tenants. |
Tangible fixed assets |
Fixtures, fittings & equipment | - |
Pension costs and other post-retirement benefits |
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate. |
Reserves |
Any surplus or deficit for the period is to be transferred to the reserve of Sinking Fund For Future Maintenance. |
3. | EMPLOYEES AND DIRECTORS |
The average number of employees during the year was |
4. | TANGIBLE FIXED ASSETS |
Fixtures, |
fittings |
& equipment |
£ |
COST |
At 1 April 2023 |
Additions |
At 31 March 2024 |
DEPRECIATION |
At 1 April 2023 |
Charge for year |
At 31 March 2024 |
NET BOOK VALUE |
At 31 March 2024 |
At 31 March 2023 |
KINGS LODGE (FINCHLEY) RTM (Registered number: 08695524) |
COMPANY LIMITED |
Notes to the Financial Statements - continued |
for the Year Ended 31 MARCH 2024 |
5. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
31.3.24 | 31.3.23 |
£ | £ |
Debtors |
Other debtors |
Prepayments |
6. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
31.3.24 | 31.3.23 |
£ | £ |
Tax |
Social security and other taxes |
Service charges received |
in advance |
Accrued expenses |
7. | RESERVES |
Income | Sinking |
and | fund for |
expenditure | future |
account | maintenance | Totals |
£ | £ | £ |
At 1 April 2023 | 141,971 |
Deficit for the year | ( |
) | ( |
) |
Transfer of deficit for the |
period to the sinking fund |
reserve | 12,362 | (12,362 | ) | - |
At 31 March 2024 | 129,609 |
8. | LIMITED BY GUARANTEE |
The company is limited by guarantee. The liability of each member is limited to £1, being the amount that each member undertakes to contribute to the assets of the company in the event of its being wound up while he is a member or within one year after he ceases to be a member. |