Hassocks Lodge Residents Association Ltd - Accounts to registrar (filleted)

REGISTERED NUMBER: 04401301 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 March 2025

for

Hassocks Lodge Residents Association Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

Mrs E J Cheal

C Theroux

Mr G P Killoran

REGISTERED OFFICE:

5

Hassocks Lodge

Keymer Road

Hassocks

West Sussex

BN6 8AT

REGISTERED NUMBER:

04401301 (England and Wales)

FIXED ASSETS

Tangible assets

4

89,714

CURRENT ASSETS

Debtors

5

1,251

4,977

Cash at bank

33,591

30,111

34,842

35,088

CREDITORS

Amounts falling due within one year

6

6,770

8,780

NET CURRENT ASSETS

28,072

26,308

TOTAL ASSETS LESS CURRENT
LIABILITIES

117,786

116,022

CAPITAL AND RESERVES

Called up share capital

20

Share premium

90,680

Retained earnings

27,086

25,322

117,786

116,022

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 6 October 2025 and were signed on its behalf by:

C Theroux - Director

1.	STATUTORY INFORMATION

Hassocks Lodge Residents Association Ltd is a private company, limited by shares , 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

The turnover represents maintenance contributions from the members of the company and other tenants.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2024 - NIL).

4.	TANGIBLE FIXED ASSETS

Land and

buildings

£

COST

At 1 April 2024

and 31 March 2025

89,714

NET BOOK VALUE

At 31 March 2025

89,714

At 31 March 2024

89,714

No depreciation is charged on the company's interest in the freehold property Hassocks Lodge as the value of the freehold is based on the future ground rents receivable. This is a departure from the requirement of the Companies Act 2006 which requires all properties to be depreciated. The directors believe that to depreciate the properties would not give a true and fair view.

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

Trade debtors

1,251

4,977

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

Trade creditors

642

5,148

Other creditors

6,128

3,632

6,770

8,780