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REGISTERED NUMBER: 05802840 (England and Wales)














Unaudited Financial Statements

for the Year Ended 31 December 2024

for

Worsley Point Residents Company Limited

Worsley Point Residents Company Limited (Registered number: 05802840)






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




Page

Balance Sheet 1

Notes to the Financial Statements 2


Worsley Point Residents Company Limited (Registered number: 05802840)

Balance Sheet
31 December 2024

2024 2023
Notes £    £   
CURRENT ASSETS
Debtors 4 10,433 10,863
Cash at bank 5 24,069 6,262
34,502 17,125
CREDITORS
Amounts falling due within one year 6 16,854 5,517
NET CURRENT ASSETS 17,648 11,608
TOTAL ASSETS LESS CURRENT LIABILITIES 17,648 11,608

CAPITAL AND RESERVES
Called up share capital 7 20 20
Retained earnings 8 17,628 11,588
SHAREHOLDERS' FUNDS 17,648 11,608

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 Profit and Loss Account has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 30 July 2025 and were signed on its behalf by:





Mr M Brooks - Director


Worsley Point Residents Company Limited (Registered number: 05802840)

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

1. STATUTORY INFORMATION

Worsley Point Residents Company 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: 05802840

Registered office: C/o Advance Block Management
St Paul's House
3rd Floor, 23 Park Square South
Leeds
LS1 2ND

The presentation currency of the financial statements is the Pound Sterling (£).


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 receivable from the lessees for the year.

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 charge arrears 10,413 6,535
Called up share capital not paid 20 20
Prepayments - 4,308
10,433 10,863

5. CASH AT BANK

Service charge monies were held in trust by the Managing Agent, in accordance with section 42, Landlord and Tenant Act 1987.

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Service charges in advance 640 421
Accrued expenses 16,214 5,096
16,854 5,517

7. CALLED UP SHARE CAPITAL

Allotted and issued:
Number: Class: Nominal 2024 2023
value: £    £   
20 Ordinary shares £1 20 20

Worsley Point Residents Company Limited (Registered number: 05802840)

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

8. RESERVES
Retained
earnings
£   

At 1 January 2024 11,588
Profit for the year 5,553
Prior year expenses adjustment 487
At 31 December 2024 17,628

9. MANAGING AGENT

Oakland Residential Management Company Limited, took over the management of Worsley Point Residents Company Limited on 1 July 2025.
Advance Block Management were the prior agents, to 30 June 2025.