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REGISTERED NUMBER: 05321033 (England and Wales)















Financial Statements for the Year Ended 30 September 2024

for

Aldersbrook Residents Association
Ltd
Aldersbrook Residents Association
Ltd (Registered number: 05321033)






Contents of the Financial Statements
for the Year Ended 30 September 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


Aldersbrook Residents Association
Ltd

Company Information
for the Year Ended 30 September 2024







DIRECTORS: J Marshall
Mr B Vadgama
Mrs T Fryer
I Hembra





REGISTERED OFFICE: Brook House
62 Crown Street
Brentwood
Essex
CM14 4BJ





REGISTERED NUMBER: 05321033 (England and Wales)





ACCOUNTANTS: Maurice Lake & Co Limited
Accountants and
Taxation Consultants
Maulak Chambers
The Centre
High Street
Halstead
Essex
CO9 2AJ
Page 1
Aldersbrook Residents Association
Ltd (Registered number: 05321033)

Balance Sheet
30 September 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Investment property 4 80,040 80,040

CURRENT ASSETS
Debtors 5 540 -
Cash at bank 5,000 20,208
5,540 20,208
CREDITORS
Amounts falling due within one year 6 630 843
NET CURRENT ASSETS 4,910 19,365
TOTAL ASSETS LESS CURRENT
LIABILITIES
84,950
99,405

CAPITAL AND RESERVES
Called up share capital 120 120
Other reserves 81,390 81,390
Retained earnings 3,440 17,895
84,950 99,405

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 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 profit or loss 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 28 November 2024 and were signed on its behalf by:




Mr B Vadgama - Director


The notes form part of these financial statements

Page 2
Aldersbrook Residents Association
Ltd (Registered number: 05321033)

Notes to the Financial Statements
for the Year Ended 30 September 2024

1. STATUTORY INFORMATION

Aldersbrook Residents Association Ltd is a private company, limited by shares , 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.

Turnover
Turnover represents service charges to tenants to cover expenses for the general maintenance of 21 and 23 Aldersbrook Road. The income is recognised on the invoice date.

Investment property
Investment property, which is held to earn rentals and/or for capital appreciation, is initially recognised at cost, which includes the purchase cost and any directly attributable expenditure. Subsequently it is measured at fair value at the reporting end date. The surplus or deficit on revaluation is recognised in profit or loss.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2023 - NIL).

4. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 October 2023
and 30 September 2024 80,040
NET BOOK VALUE
At 30 September 2024 80,040
At 30 September 2023 80,040

The investment property comprises freehold properties located at 21 & 23 Aldersbrook Road, London, E12 5HH. The Directors believe that the fair value of the properties has not changed in the year.

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Other debtors 540 -

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Other creditors 630 843

Page 3