Company Registration No. 02963712 (England and Wales)
74 South Terrace Resident Association Limited
Unaudited accounts
for the year ended 31 December 2024
74 South Terrace Resident Association Limited
Unaudited accounts
Contents
74 South Terrace Resident Association Limited
Company Information
for the year ended 31 December 2024
Company Number
02963712 (England and Wales)
Registered Office
74a South Terrace
Littlehampton
West Sussex
BN17 5LQ
England
Accountants
Clark & Deen Taxpro Limited
Benson House, Suite D
98-104 Lombard Street
Birmingham
West Midlands
B12 0QR
74 South Terrace Resident Association Limited
Statement of financial position
as at 31 December 2024
Tangible assets
10,413
10,413
Cash at bank and in hand
1,179
1,163
Creditors: amounts falling due within one year
(470)
(470)
Net current assets
709
693
Called up share capital
7
7
Share premium
10,000
10,000
Profit and loss account
1,115
1,099
Shareholders' funds
11,122
11,106
For the year ending 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 in accordance with section 476 of the Companies Act 2006.
The director acknowledges her responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 9 July 2025 and were signed on its behalf by
Mrs P Caplin
Director
Company Registration No. 02963712
74 South Terrace Resident Association Limited
Notes to the Accounts
for the year ended 31 December 2024
74 South Terrace Resident Association Limited is a private company, limited by shares, registered in England and Wales, registration number 02963712. The registered office is 74a South Terrace, Littlehampton, West Sussex, BN17 5LQ, England.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
4
Tangible fixed assets
Land & buildings
At 31 December 2024
10,413
At 31 December 2024
10,413
At 31 December 2023
10,413
5
Creditors: amounts falling due within one year
2024
2023
6
Average number of employees
During the year the average number of employees was 0 (2023: 0).