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REGISTERED NUMBER: 01145015 (England and Wales)















REPORT OF THE DIRECTORS AND

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2024

FOR

HOLLY LODGE RESIDENTS ASSOCIATION
LIMITED

HOLLY LODGE RESIDENTS ASSOCIATION
LIMITED (REGISTERED NUMBER: 01145015)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2024




Page

Report of the Directors 1

Balance Sheet 2

Notes to the Financial Statements 3


HOLLY LODGE RESIDENTS ASSOCIATION
LIMITED (REGISTERED NUMBER: 01145015)

REPORT OF THE DIRECTORS
FOR THE YEAR ENDED 30 SEPTEMBER 2024

The directors present their report with the financial statements of the company for the year ended 30 September 2024.

PRINCIPAL ACTIVITY
The principal activity of the company in the year under review was that of the management of the property known as Farrer Court, Cambridge Park, Twickenham, Middlesex.

DIRECTORS
The directors shown below have held office during the whole of the period from 1 October 2023 to the date of this report.

A H Brookes
J W Thexton
A Sabharwal
M C Nulsen
S J Hughes
J D Bullett
S C Dutreux

Other changes in directors holding office are as follows:

C A R Staveley - resigned 10 September 2024
A French - appointed 10 September 2024

This report has been prepared in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

ON BEHALF OF THE BOARD:





J D Bullett - Secretary


1 June 2025

HOLLY LODGE RESIDENTS ASSOCIATION
LIMITED (REGISTERED NUMBER: 01145015)

BALANCE SHEET
30 SEPTEMBER 2024

2024 2023
Notes £    £   
CURRENT ASSETS
Debtors 4 4,092 2,484
Cash at bank 87,900 69,148
91,992 71,632
CREDITORS
Amounts falling due within one year 5 960 779
NET CURRENT ASSETS 91,032 70,853
TOTAL ASSETS LESS CURRENT
LIABILITIES

91,032

70,853

CAPITAL AND RESERVES
Called up share capital 6 45 45
Sinking fund 7 80,296 66,368
Retained earnings 7 10,691 4,440
SHAREHOLDERS' FUNDS 91,032 70,853

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 1 June 2025 and were signed on its behalf by:





S J Hughes - Director


HOLLY LODGE RESIDENTS ASSOCIATION
LIMITED (REGISTERED NUMBER: 01145015)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2024

1. STATUTORY INFORMATION

Holly Lodge Residents Association Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

Registered number: 01145015

Registered office: 6 Farrer Court
23 Cambridge Park
Twickenham
Middlesex
TW1 2LB

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.

The financial statements have been prepared on a going concern basis.

Turnover
Turnover is services charges, ground rents and other income received from the residents.

Sinking fund
A sinking fund was established in 2018 so that provision is made for long term repairs and improvements to Farrer Court. Services charges have been increased in the year so that amounts can be transferred to the fund. The fund is held in a separate bank account.

3. EMPLOYEES AND DIRECTORS

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

4. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Service charges & ground rent
in arrears - 20
Prepayments 4,092 2,464
4,092 2,484

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade creditors 599 601
Corporation Tax payable 288 139
Other creditors 73 39
960 779

HOLLY LODGE RESIDENTS ASSOCIATION
LIMITED (REGISTERED NUMBER: 01145015)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 SEPTEMBER 2024

6. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £    £   
9 Ordinary 5.00 45 45

7. RESERVES
Retained Sinking
earnings fund Totals
£    £    £   

At 1 October 2023 4,440 66,368 70,808
Profit for the year 20,179 20,179
Transfers to Sinking fund (23,120 ) 23,120 -
Transfers from Sinking fund 9,192 (9,192 ) -
At 30 September 2024 10,691 80,296 90,987

During the year transfers into the sinking fund were £23,120 (2023 £13,860) and transfers out were £9,192 (2023 £Nil).