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REGISTERED NUMBER: 08695524 (England and Wales)















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: S Larkin
N Norman
Sister M O Ward
I Easton





REGISTERED OFFICE: Suite 2C, Brosnan House
175 Darkes Lane
Potters Bar
Hertfordshire
EN6 1BW





REGISTERED NUMBER: 08695524 (England and Wales)





ACCOUNTANTS: The Greene Partnership LLP
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 6,691 7,803

CURRENT ASSETS
Debtors 5 43,220 42,946
Cash at bank and in hand 104,870 114,004
148,090 156,950
CREDITORS
Amounts falling due within one year 6 25,172 22,782
NET CURRENT ASSETS 122,918 134,168
TOTAL ASSETS LESS CURRENT
LIABILITIES

129,609

141,971

RESERVES
Sinking fund for future
maintenance 7 129,609 141,971
129,609 141,971

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2024 in accordance with Section 476 of the Companies Act 2006.

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 have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 14 February 2025 and were signed on its behalf by:





Sister M O Ward - Director


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 private company, limited by guarantee , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Income
Income represents service charges receivable from the tenants.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Fixtures, fittings & equipment - 25% on reducing balance

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 3 (2023 - 3 ) .

4. TANGIBLE FIXED ASSETS
Fixtures,
fittings
& equipment
£   
COST
At 1 April 2023 20,100
Additions 1,118
At 31 March 2024 21,218
DEPRECIATION
At 1 April 2023 12,297
Charge for year 2,230
At 31 March 2024 14,527
NET BOOK VALUE
At 31 March 2024 6,691
At 31 March 2023 7,803

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 24,136 36,431
Other debtors 15,100 3,000
Prepayments 3,984 3,515
43,220 42,946

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.3.23
£    £   
Tax 288 72
Social security and other taxes 502 70
Service charges received
in advance 12,484 17,167
Accrued expenses 11,898 5,473
25,172 22,782

7. RESERVES
Income Sinking
and fund for
expenditure future
account maintenance Totals
£    £    £   

At 1 April 2023 - 141,971 141,971
Deficit for the year (12,362 ) (12,362 )
Transfer of deficit for the
period to the sinking fund
reserve 12,362 (12,362 ) -
At 31 March 2024 - 129,609 129,609

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.