REGISTERED NUMBER: 02404303 (England and Wales)

Financial Statements

for the Year Ended 31 December 2024

for

Chalfont Flats Residents' Association

(Lingfield) Limited

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

3

to

4

DIRECTORS:

Ms P A Abel

Mrs L Moultrie

D M Creton

SECRETARY:

P K A Baker

REGISTERED OFFICE:

92 High Street

East Grinstead

West Sussex

RH19 3DF

REGISTERED NUMBER:

02404303 (England and Wales)

ACCOUNTANTS:

Henry Reeves & Co Limited

Chartered Certified Accountants

5 West Court

Enterprise Road

Maidstone

Kent

ME15 6JD

FIXED ASSETS

Tangible assets

4

1,800

1,800

CURRENT ASSETS

Debtors

5

-

200

Cash at bank

5,814

4,682

5,814

4,882

CREDITORS

Amounts falling due within one year

6

3,095

2,748

NET CURRENT ASSETS

2,719

2,134

TOTAL ASSETS LESS CURRENT LIABILITIES

4,519

3,934

RESERVES

Income and expenditure account

4,519

3,934

4,519

3,934

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 surplus or deficit 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 Income Statement has not been delivered.

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

D M Creton - Director

1.	STATUTORY INFORMATION

Chalfont Flats Residents' Association (Lingfield) Limited is a private company, limited by guarantee , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

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, net of any discounts and value added taxes. Turnover includes rental and service charge income.

Turnover in respect of rental and service charge income is recognised in the period which it relates to.

Depreciation

No depreciation is provided on the freehold property as the property is fully maintained with an economic life and residual value such that any depreciation would be immaterial.

Taxation

The company is exempt from the liability to pay corporation tax.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2023 - NIL).

4.	TANGIBLE FIXED ASSETS

Freehold

property

£

COST

At 1 January 2024

and 31 December 2024

1,800

NET BOOK VALUE

At 31 December 2024

1,800

At 31 December 2023

1,800

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Trade debtors

-

200

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Accruals and deferred income

3,095

2,748

7.	SHARE CAPITAL

The company does not have any share capital. The company is limited by guarantee of the members to a maximum of £1 each.