Fulwood Court Residents Association (Harrow) Limited |
Registered number: |
00819210 |
Balance Sheet |
as at 30 June 2024 |
|
Notes |
|
|
2024 |
|
|
2023 |
£ |
£ |
Fixed assets |
Tangible assets |
3 |
|
|
1,997 |
|
|
1,997 |
|
Current assets |
Debtors |
4 |
|
42 |
|
|
42 |
Cash at bank and in hand |
|
|
12,522 |
|
|
3,819 |
|
|
|
12,564 |
|
|
3,861 |
|
Creditors: amounts falling due within one year |
5 |
|
(2,299) |
|
|
(2,115) |
|
Net current assets |
|
|
|
10,265 |
|
|
1,746 |
|
Net assets |
|
|
|
12,262 |
|
|
3,743 |
|
|
|
|
|
|
|
|
Capital and reserves |
Surplus / (Deficit) Account |
|
|
|
12,262 |
|
|
3,743 |
|
Shareholders' funds |
|
|
|
12,262 |
|
|
3,743 |
|
|
|
|
|
|
|
|
The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006. |
The members have not required the company to obtain an audit in accordance with section 476 of the Act. |
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts. |
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies. |
|
|
|
|
Minesh Natwarlal Joshi |
Director |
Approved by the board on 19 February 2025 |
|
Fulwood Court Residents Association (Harrow) Limited |
Notes to the Accounts |
for the year ended 30 June 2024 |
|
|
1 |
Accounting policies |
|
|
Basis of preparation |
|
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard). |
|
|
Turnover |
|
Turnover is measured at the fair value of the consideration received or receivable. Turnover includes revenue earned from the rendering of services. |
|
|
Tangible fixed assets |
|
Fixed asset investments are shown at cost. No Depreciation has been provided for Freehold Land and Buildings. |
|
|
Debtors |
|
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts. |
|
|
Creditors |
|
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method. |
|
|
Taxation |
|
No Liability to United Kingdom Corporation Tax should arise on the trading results disclosed by these Accounts, due to the Company being treated by HM Revenue and Customs as being of a Mutual Trading type. |
|
|
2 |
Employees |
2024 |
|
2023 |
Number |
Number |
|
|
Average number of persons employed by the company |
3 |
|
3 |
|
|
|
|
|
|
|
|
|
|
3 |
Tangible fixed assets |
|
|
|
|
|
|
|
|
Land and buildings |
£ |
|
Cost |
|
At 1 July 2023 |
1,997 |
|
At 30 June 2024 |
1,997 |
|
|
|
|
|
|
|
|
|
|
Depreciation |
|
At 30 June 2024 |
- |
|
|
|
|
|
|
|
|
|
|
Net book value |
|
At 30 June 2024 |
1,997 |
|
At 30 June 2023 |
1,997 |
|
|
4 |
Debtors |
2024 |
|
2023 |
£ |
£ |
|
|
Trade debtors |
42 |
|
42 |
|
|
|
|
|
|
|
|
|
|
5 |
Creditors: amounts falling due within one year |
2024 |
|
2023 |
£ |
£ |
|
|
Trade creditors |
2,299 |
|
2,115 |
|
|
|
|
|
|
|
|
|
|
6 |
Controlling party |
|
|
With the Company having no share capital and being limited by Guarantee, there is no controlling party whatsoever. |
|
23 |
Limitation by guarantee |
|
|
The Company is limited by guarantee. The liability of its members is limited to the extent of £1 per member in the event of the company going into liquidation. |
|
|
|
7 |
Other information |
|
|
Fulwood Court Residents Association (Harrow) Limited is a private company limited by shares and incorporated in England. Its registered office is: |
|
Laxmi House |
|
2-B Draycott Avenue |
|
Kenton,Harrow |
|
Middlesex |
|
HA3 0BU |