Registration number:
The Mayesbrook Gardens (Barking) No.3 Residents Company Limited
for the Year Ended 31 December 2024
The Mayesbrook Gardens (Barking) No.3 Residents Company Limited
Contents
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Company Information |
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Accountants' Report |
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Balance Sheet |
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Notes to the Unaudited Financial Statements |
The Mayesbrook Gardens (Barking) No.3 Residents Company Limited
Company Information
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Director |
L K Adams |
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Company secretary |
SWA (UK) Limited |
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Registered office |
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Accountants |
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Chartered Certified Accountants' Report to the Director on the Preparation of the Unaudited Statutory Accounts of
The Mayesbrook Gardens (Barking) No.3 Residents Company Limited
for the Year Ended 31 December 2024
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of The Mayesbrook Gardens (Barking) No.3 Residents Company Limited for the year ended 31 December 2024 as set out on pages 4 to 6 from the company's accounting records and from information and explanations you have given us.
As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at https://www.accaglobal.com/gb/en/member/standards/rules-and-standards/rulebook.html.
This report is made solely to the Board of Directors of The Mayesbrook Gardens (Barking) No.3 Residents Company Limited, as a body, in accordance with the terms of our engagement letter dated 14 June 2016. Our work has been undertaken solely to prepare for your approval the accounts of The Mayesbrook Gardens (Barking) No.3 Residents Company Limited and state those matters that we have agreed to state to the Board of Directors of The Mayesbrook Gardens (Barking) No.3 Residents Company Limited, as a body, in this report in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at http://www.accaglobal.com/gb/en/technical-activities/technical-resources-search/2009/
october/factsheet-163-audit-exempt-companies.html. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than The Mayesbrook Gardens (Barking) No.3 Residents Company Limited and its Board of Directors as a body for our work or for this report.
It is your duty to ensure that The Mayesbrook Gardens (Barking) No.3 Residents Company Limited has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit of The Mayesbrook Gardens (Barking) No.3 Residents Company Limited. You consider that The Mayesbrook Gardens (Barking) No.3 Residents Company Limited is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the accounts of The Mayesbrook Gardens (Barking) No.3 Residents Company Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.
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Chartered Certified Accountants
South Street
Bishop Stortford
Hertfordshire
CM23 3AR
Chartered Certified Accountants' Report to the Director on the Preparation of the Unaudited Statutory Accounts of
The Mayesbrook Gardens (Barking) No.3 Residents Company Limited
for the Year Ended 31 December 2024
We have examined the service charge account set out on the following page.
Respective Responsibilities of the Managing Agent and Auditors
Under the Landlord and Tenant Act 1985 the managing agent is responsible for the preparation of a service charge account in respect of the costs in respect of The Mayesbrook Gardens (Barking) No 3 Residents Company Limited.
It is our responsibility to form an independent opinion, based on our examination, on the service charge account and to report our opinion to you.
Basis of Opinion
We planned and performed our examination so far as to obtain all the information and explanations which we considered necessary in order to provide us with sufficient evidence to give reasonable assurance that the service charge account is a fair summary of the costs relating to The Mayesbrook Gardens (Barking) No 3 Residents Company Limited and is sufficient supported by accounts, receipts and other documents of SWA (UK) Ltd (Managing Agent).
Opinion
In our opinion the service charge account presents a fair summary of the costs for the year ended 31 December 2024, is sufficiently supported by accounts, receipts and other documents of SWA (UK) Ltd, and has been prepared in accordance with Section 21(5) of the Landlord and Tenant Act 1985.
Mansell & Co.
5 Ducketts Wharf
South Street
Bishop’s Stortford
Herts
CM23 3AR
Date: ……………………………
The Mayesbrook Gardens (Barking) No.3 Residents Company Limited
(Registration number: 02611632)
Balance Sheet as at 31 December 2024
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Note |
2024 |
2023 |
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Current assets |
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Debtors |
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Cash at bank and in hand |
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Creditors: Amounts falling due within one year |
( |
( |
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Net assets |
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Capital and reserves |
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Called up share capital |
150 |
150 |
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Share premium reserve |
750 |
750 |
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Shareholders' funds |
16,394 |
16,037 |
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Total equity |
17,294 |
16,937 |
For the financial 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.
Director's responsibilities:
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The director acknowledges her responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts. |
Approved and authorised by the
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The Mayesbrook Gardens (Barking) No.3 Residents Company Limited
Notes to the Unaudited Financial Statements for the Year Ended 31 December 2024
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General information |
The company is a private company limited by share capital, incorporated in England and Wales.
The address of its registered office is:
England
These financial statements were authorised for issue by the
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Accounting policies |
Summary of significant accounting policies and key accounting estimates
The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.
Statement of compliance
These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).
Basis of preparation
These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.
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Staff numbers |
The average number of persons employed by the company (including the director) during the year, was
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Debtors |
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Current |
2024 |
2023 |
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Service charges in arrears |
3,747 |
4,395 |
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The Mayesbrook Gardens (Barking) No.3 Residents Company Limited
Notes to the Unaudited Financial Statements for the Year Ended 31 December 2024
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Creditors |
Creditors: amounts falling due within one year
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2024 |
2023 |
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Due within one year |
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Service charges in advance |
1,862 |
3,399 |
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Creditors |
737 |
847 |
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Accruals and deferred income |
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Share capital |
Allotted, called up and fully paid shares
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2024 |
2023 |
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No. |
£ |
No. |
£ |
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Ordinary of £5 each |
30 |
150 |
30 |
150 |