Cherry Garden Lane Residents Association Ltd
Registered number: 07906456
Balance Sheet
as at 30 June 2025
Notes 2025 2024
£ £
Current assets
Debtors 3 408 1,188
Cash at bank and in hand 4,047 3,276
4,455 4,464
Creditors: amounts falling due within one year 4 (2,509) (3,164)
Net current assets 1,946 1,300
Net assets 1,946 1,300
Capital and reserves
Reserve fund for major works 1,400 1,300
Income and expenditure account 546 -
Participators' funds 1,946 1,300
The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The director acknowledges her responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The income and expenditure account has not been delivered to the Registrar of Companies.
H Beat
Director
Approved by the board on 10 November 2025
Cherry Garden Lane Residents Association Ltd
Notes to the Accounts
for the year ended 30 June 2025
1 Accounting policies
Basis of preparation
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).
Turnover
Turnover represents maintenance charges receivable in respect of communal expenditure in the ordinary course of business. Value Added Tax is not charged thereon.
Debtors
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.
Creditors
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.
2 Employees 2025 2024
Number Number
Average number of persons employed by the company - -
3 Debtors 2025 2024
£ £
Maintenance charges in arrears 88 710
Other debtors 320 478
408 1,188
4 Creditors: amounts falling due within one year 2025 2024
£ £
Other creditors 1,535 2,875
Maintenance charges in advance 974 289
2,509 3,164
5 Related party transactions
During the year, the client engaged the managing agent or one of its affiliated companies listed below to supply additional services:
Management Secretaries Limited
6 Controlling party
The director does not consider there to be an ultimate controlling party.
7 Other information
Cherry Garden Lane Residents Association Ltd is a private company limited by guarantee and incorporated in England. Its registered office is:
Saxon House
6A St Andrews Street
Hertford
Hertfordshire
SG14 1JA
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