IRIS Accounts Production v25.1.4.42 01815959 Board of Directors 13.12.23 12.12.24 12.12.24 0 0 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh018159592023-12-12018159592024-12-12018159592023-12-132024-12-12018159592022-12-12018159592022-12-132023-12-12018159592023-12-1201815959ns15:EnglandWales2023-12-132024-12-1201815959ns14:PoundSterling2023-12-132024-12-1201815959ns10:Director12023-12-132024-12-1201815959ns10:PrivateLimitedCompanyLtd2023-12-132024-12-1201815959ns10:SmallEntities2023-12-132024-12-1201815959ns10:AuditExempt-NoAccountantsReport2023-12-132024-12-1201815959ns10:SmallCompaniesRegimeForDirectorsReport2023-12-132024-12-1201815959ns10:SmallCompaniesRegimeForAccounts2023-12-132024-12-1201815959ns10:FullAccounts2023-12-132024-12-1201815959ns5:CurrentFinancialInstruments2024-12-1201815959ns5:CurrentFinancialInstruments2023-12-1201815959ns5:ShareCapital2024-12-1201815959ns5:ShareCapital2023-12-1201815959ns5:FurtherSpecificReserve1ComponentTotalEquity2024-12-1201815959ns5:FurtherSpecificReserve1ComponentTotalEquity2023-12-1201815959ns5:RetainedEarningsAccumulatedLosses2024-12-1201815959ns5:RetainedEarningsAccumulatedLosses2023-12-1201815959ns10:RegisteredOffice2023-12-132024-12-1201815959ns5:WithinOneYearns5:CurrentFinancialInstruments2024-12-1201815959ns5:WithinOneYearns5:CurrentFinancialInstruments2023-12-12
REGISTERED NUMBER: 01815959 (England and Wales)














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 14,926 11,207
Cash at bank 139,781 143,571
154,707 154,778
CREDITORS
Amounts falling due within one year 5 10,566 12,283
NET CURRENT ASSETS 144,141 142,495
TOTAL ASSETS LESS CURRENT LIABILITIES 144,141 142,495

CAPITAL AND RESERVES
Called up share capital 73 73
Other reserves 144,068 68,390
Retained earnings - 74,032
144,141 142,495

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 12 December 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 12 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 2 August 2025 and were signed on its behalf by:





Ms J C Collins - Director


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 private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

Registered number: 01815959

Registered office: C/o Ford's Residential Management
Stuart's House, 7 Ambassador Place
Stockport Road
Altrincham
Cheshire
WA15 8DB

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 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 10,611 7,027
Other debtors 4,315 4,180
14,926 11,207

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade creditors 3,558 4,637
Taxation and social security 1,797 1,653
Other creditors 5,211 5,993
10,566 12,283

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.