| REGISTERED NUMBER: |
| Unaudited Financial Statements |
| for the Year Ended 12 December 2024 |
| for |
| Peaknine Residents Association Limited |
| REGISTERED NUMBER: |
| Unaudited Financial Statements |
| for the Year Ended 12 December 2024 |
| for |
| Peaknine Residents Association Limited |
| Peaknine Residents Association Limited (Registered number: 01815959) |
| Contents of the Financial Statements |
| for the Year Ended 12 December 2024 |
| Page |
| Balance Sheet | 1 |
| Notes to the Financial Statements | 2 |
| Peaknine Residents Association Limited (Registered number: 01815959) |
| Balance Sheet |
| 12 December 2024 |
| 2024 | 2023 |
| Notes | £ | £ |
| CURRENT ASSETS |
| Debtors | 4 |
| Cash at bank |
| CREDITORS |
| Amounts falling due within one year | 5 |
| NET CURRENT ASSETS |
| TOTAL ASSETS LESS CURRENT LIABILITIES |
| CAPITAL AND RESERVES |
| Called up share capital |
| Other reserves |
| Retained earnings |
| 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 were approved by the Board of Directors and authorised for issue on |
| Peaknine Residents Association Limited (Registered number: 01815959) |
| Notes to the Financial Statements |
| for the Year Ended 12 December 2024 |
| 1. | STATUTORY INFORMATION |
| Peaknine Residents Association Limited is a |
| Registered number: |
| Registered office: |
| The presentation currency of the financial statements is the Pound Sterling (£). |
| 2. | ACCOUNTING POLICIES |
| Basis of preparing the financial statements |
| Turnover |
| Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. |
| Taxation |
| The tax expense represents the sum of the tax currently payable and deferred tax. |
| Current tax |
| The tax currently payable is based on taxable income that includes external garage rents net of expenses and bank interest received |
| 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 |
| £ | £ |
| Trade debtors |
| Other debtors |
| 5. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 2024 | 2023 |
| £ | £ |
| Trade creditors |
| Taxation and social security |
| Other creditors |
| 6. | RELATED PARTY TRANSACTIONS |
| The directors are leaseholders and like all other leaseholders have to pay a service charge this amounted to £1,027 per flat (2023 £984). |
| Peaknine Residents Association Limited (Registered number: 01815959) |
| Notes to the Financial Statements - continued |
| for the Year Ended 12 December 2024 |
| 7. | INSURANCE DECLARATION |
| If buildings insurance is provided under a block policy managed by Stuarts Ltd t/a Fords Residential Management, it may, in return, receive a commission for administering the policy and managing renewals and claims. |