PTP Accounts Production v25.1.0.734 01042814 Board of Directors 1.1.24 31.12.24 31.12.24 0 0 false true false false true false Ordinary 10.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh010428142023-12-31010428142024-12-31010428142024-01-012024-12-31010428142022-12-31010428142023-01-012023-12-31010428142023-12-3101042814ns15:EnglandWales2024-01-012024-12-3101042814ns14:PoundSterling2024-01-012024-12-3101042814ns10:Director12024-01-012024-12-3101042814ns10:PrivateLimitedCompanyLtd2024-01-012024-12-3101042814ns10:SmallEntities2024-01-012024-12-3101042814ns10:AuditExempt-NoAccountantsReport2024-01-012024-12-3101042814ns10:SmallCompaniesRegimeForDirectorsReport2024-01-012024-12-3101042814ns10:SmallCompaniesRegimeForAccounts2024-01-012024-12-3101042814ns10:FullAccounts2024-01-012024-12-3101042814ns10:OrdinaryShareClass12024-01-012024-12-3101042814ns10:Director22024-01-012024-12-3101042814ns10:Director32024-01-012024-12-3101042814ns10:RegisteredOffice2024-01-012024-12-3101042814ns5:ShareCapital2024-12-3101042814ns5:ShareCapital2023-12-3101042814ns5:WithinOneYearns5:CurrentFinancialInstruments2024-12-3101042814ns5:WithinOneYearns5:CurrentFinancialInstruments2023-12-3101042814ns10:OrdinaryShareClass12024-12-31
REGISTERED NUMBER: 01042814 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 December 2024

for

Lockesley Square (Surbiton) Residents
Association Limited

Lockesley Square (Surbiton) Residents
Association Limited (Registered number: 01042814)






Contents of the Financial Statements
for the Year Ended 31 December 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


Lockesley Square (Surbiton) Residents
Association Limited

Company Information
for the Year Ended 31 December 2024







DIRECTORS: S Mebrahtu
R Griffiths
G Asmutis





REGISTERED OFFICE: First Floor
23 Victoria Road
Surbiton
Surrey
KT6 4JZ





REGISTERED NUMBER: 01042814 (England and Wales)






Lockesley Square (Surbiton) Residents
Association Limited (Registered number: 01042814)

Balance Sheet
31 December 2024

31.12.24 31.12.23
Notes £    £   
FIXED ASSETS
Tangible assets 4 - -

CURRENT ASSETS
Debtors 5 420 420
TOTAL ASSETS LESS CURRENT
LIABILITIES

420

420

CAPITAL AND RESERVES
Called up share capital 6 420 420
SHAREHOLDERS' FUNDS 420 420

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

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 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 23 June 2025 and were signed on its behalf by:





S Mebrahtu - Director


Lockesley Square (Surbiton) Residents
Association Limited (Registered number: 01042814)

Notes to the Financial Statements
for the Year Ended 31 December 2024

1. STATUTORY INFORMATION

Lockesley Square (Surbiton) Residents Association Limited 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 relates to Ground Rents receivable from the 8 remaining lessees (who have not extended their leases) under the terms of the Head Lease which are in turn paid as a Head Rent to the Freeholder.

Accounting for service charges
The adoption of the TECH 03/11 Accounting for Service Charges published jointly by ICAEW, ARMA and RICS has resulted in the following policy:

The company is responsible for the management of 1-42 Lockesley Square, Lovelace Gardens, Surbiton, Surrey and collects service charges from lessees in order to fund expenditure incurred in the management of the property. These service charge funds are held in trust for the lessees as required by the Landlord and Tenant Act 1987. Transactions relating to the management of the property are reported separately to the lessees and are excluded from the company's financial statements.

3. EMPLOYEES AND DIRECTORS

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

4. TANGIBLE FIXED ASSETS

The company holds the Head Lease (subject to 42 Under Leases) on Lockesley Square, Lovelace Gardens, Surbiton, Surrey KT6 6RT under title deed number SGL143106.

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.24 31.12.23
£    £   
Other debtors 420 420

This relates to the balance owed from the Service Charge account.

Lockesley Square (Surbiton) Residents
Association Limited (Registered number: 01042814)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2024

6. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.12.24 31.12.23
value: £    £   
42 Ordinary £10 420 420

7. RELATED PARTY DISCLOSURES

In common with other members, each director is a lessee of Lockesley Square, Lovelace Gardens, Surbiton, Surrey and contributor to the running costs of the company (if any).