2024-01-01 02642402 2024-12-31 02642402 2024-01-01 2024-12-31 02642402 2023-12-31 02642402 2023-01-01 2023-12-31 02642402 uk-core:WithinOneYear 2023-12-31 02642402 uk-core:WithinOneYear 2024-12-31 02642402 uk-core:ShareCapital 2024-12-31 02642402 uk-core:ShareCapital 2023-12-31 02642402 uk-core:RetainedEarningsAccumulatedLosses 2024-12-31 02642402 uk-core:RetainedEarningsAccumulatedLosses 2023-12-31 02642402 uk-bus:Director1 2024-01-01 2024-12-31 iso4217:GBP xbrli:pure 02642402 uk-bus:AuditExemptWithAccountantsReport 2024-01-01 2024-12-31 02642402 uk-bus:FRS102 2024-01-01 2024-12-31 02642402 uk-bus:FilletedAccounts 2024-01-01 2024-12-31 02642402 uk-bus:PrivateLimitedCompanyLtd 2024-01-01 2024-12-31
Cloverfield Number 2 Residents Association Limited
Registered Number:02642402
For the year ended 31 December 2024
England and Wales
Unaudited Financial Statements
2
For the year ended 31 December 2024
Cloverfield Number 2 Residents Association Limited
Contents Page
1
Statement of Financial Position
2 to 3
Notes to the Financial Statements
3
Registered Number :
02642402
As at 31 December 2024
Cloverfield Number 2 Residents Association Limited
Statement of Financial Position
£
£
2023
2024
Notes
Current assets
Trade and other receivables
4,681
(1,145)
2
8,156
Cash and cash equivalents
9,952
8,807
12,837
Trade and other payables: amounts falling due within
one year
(7,268)
(565)
3
5,569
8,242
Net current assets
Total assets less current liabilities
8,242
5,569
8,242
Net assets
5,569
Capital and reserves
Called up share capital
20
20
Retained earnings
8,222
5,549
8,242
5,569
Shareholders' funds
For the year ended 31 December 2024 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 of its financial statements for the year ended 31 December 2024 in accordance with Section 476 of the Companies Act 2006
The director acknowledges his responsibilities for:a) ensuring that the company keeps proper 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 Section 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.
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.
The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
Mr Paul Andrew Bedford Director
These financial statements were approved and authorised for issue by the Board on 24 February 2025 and were signed by:
The notes form part of these financial statements
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4
For the year ended 31 December 2024
Cloverfield Number 2 Residents Association Limited
Notes to the Financial Statements
Statutory Information
Cloverfield Number 2 Residents Association Limited is a private limited company, limited by shares,
domiciled in England and Wales, registration number 02642402.
Registered address:
C/O Thetford Block Management Ltd
8 Grass Yard
Kimbolton
Huntingdon
PE28 0HQ
The presentation currency is £ sterling.
1. Accounting policies
Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A of
Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic
of Ireland' and the Companies Act 2006. The financial statements have been prepared under the
historical costs convention as modified by the revaluation of certain assets.
Revenue recognition
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.
2. Trade and other receivables
2023
2024
£
£
Trade debtors
(1,145)
4,681
3. Trade and other payables: amounts falling due within one year
2023
2024
£
£
Trade creditors
1
4,564
Other creditors
564
2,704
565
7,268
4. Related party transactions
The whole of the turnover of the company is with related parties as it represents either service charges or
other income in respect of properties at Thistle Close, Thetford. Each member holds a leasehold interest
in the freehold owned by the management company for which no payment is received
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5
For the year ended 31 December 2024
Cloverfield Number 2 Residents Association Limited
Notes to the Financial Statements Continued
5. Average number of persons employed
During the year the average number of employees was 0
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