Company registration number: 00328513
Unaudited financial statements
for the year ended 31 March 2025
for
Studd Hill Residents Association Ltd
(limited by guarantee)
Pages for filing with the Registrar
Company registration number: 00328513
Studd Hill Residents Association Ltd
(limited by guarantee)
Balance sheet
as at 31 March 2025
2025 2024
Note £ £ £ £
Fixed assets
Tangible assets 4 75,297 75,415
75,297 75,415
Current assets
Stocks 1,636 1,666
Investments 49,788 -
Cash at bank and in hand 81,920 115,766
133,344 117,432
Creditors: amounts falling due within one
year 		(764) (1,052)
Net current assets 132,580 116,380
Total assets less current liabilities 207,877 191,795
NET ASSETS 207,877 191,795
Reserves
Income and expenditure account 207,877 191,795
TOTAL RESERVES 207,877 191,795
The company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies for the year ended 31 March 2025.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities to comply with the Companies Act 2006 in respect to accounting records and the preparation of financial statements.
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Company registration number: 00328513
Studd Hill Residents Association Ltd
(limited by guarantee)
Balance sheet - continued
as at 31 March 2025
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 and expenditure account has not been delivered to the Registrar.
These financial statements were approved by the Board of directors and authorised for issue on 20 October 2025 and signed on its behalf by:
Mr M Shaw, Director
20 October 2025
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Studd Hill Residents Association Ltd
(limited by guarantee)
Notes to the financial statements
for the year ended 31 March 2025
1 Company information
Studd Hill Residents Association Ltd is a private company registered in England and Wales. Its registered number is 00328513. The company is limited by guarantee. Its registered office is 46 Daimler Avenue, Herne Bay, Kent, CT6 8AG.
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 historic cost convention.
Presentation currency
The company's financial statements are presented in sterling.
Going concern
In preparing these financial statements, the directors have assessed whether there are any material uncertainties related to events or conditions that cast significant doubt upon the company's ability to continue as a going concern. In making this assessment, the directors take into account all available information about the future which is at least 12 months from the date that the financial statements are authorised for issue.
The directors consider that the company has adequate resources to continue in business for the foreseeable future and that it is appropriate to adopt the going concern basis in 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.
Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.
Land and buildings:
Freehold property - Not depreciated
Plant and machinery etc.:
Plant and machinery - 15% reducing balance
Computer equipment - 15% reducing balance
Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.
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Studd Hill Residents Association Ltd
(limited by guarantee)
Notes to the financial statements - continued
for the year ended 31 March 2025
2 Accounting policies - continued
Financial instruments
The company enters into basic financial instruments that result in the recognition of financial assets and liabilities like trade and other accounts receivable and payable, loans from banks and other third parties and loans to related parties.

Basic financial instruments are recognised at amortised cost with changes recognised in profit or loss.
Taxation
Taxation for the year comprises current taxation. Tax is recognised in the Income and expenditure account, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.
Current taxation assets and liabilities are not discounted.
Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.
3 Average number of employees
During the year the average number of employees was Nil (2024 - Nil).
4 Tangible fixed assets
Land and
buildings 		Plant and
machinery
etc. 		Totals
£ £ £
Cost
At 1 April 2024 71,431 19,924 91,355
Additions - 564 564
At 31 March 2025 71,431 20,488 91,919
Depreciation
At 1 April 2024 - 15,940 15,940
Charge for year - 682 682
At 31 March 2025 - 16,622 16,622
Net book value
At 31 March 2025 71,431 3,866 75,297
At 31 March 2024 71,431 3,984 75,415
5 Financial instruments
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Studd Hill Residents Association Ltd
(limited by guarantee)
Notes to the financial statements - continued
for the year ended 31 March 2025
5 Financial instruments - continued
The company has invested the sum of £50,000 with St James Place, over the course of the investment the value has decreased to £49,788. In order to protects the interests of the company, the directors have stated that this amount will be reinvested elsewhere and because of this, the amount investment has been classified as a current asset investment.
6 Members' liability
Members' liability is restricted to the sum of £1 per member in the event of a winding up.
7 Company limited by guarantee
The company is limited by guarantee and has no shares.
8 Controlling party
The company is controlled by a committee of members who are also the directors of the company.
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