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Registered number: 00311238
COOMBE ROADS ASSOCIATION LIMITED
(A Company Limited by Guarantee)
FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025
TWP ACCOUNTING LLP
Chartered Accountants & Statutory Auditors
The Old Rectory
Church Street
Weybridge
Surrey
KT13 8DE
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COOMBE ROADS ASSOCIATION LIMITED
(A Company Limited by Guarantee)
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COMPANY INFORMATION
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Chartered Accountants & Statutory Auditors
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COOMBE ROADS ASSOCIATION LIMITED
(A Company Limited by Guarantee)
REGISTERED NUMBER:00311238
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BALANCE SHEET
AS AT 31 MARCH 2025
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Creditors: amounts falling due within one year
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Total assets less current liabilities
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The financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime and in accordance with the provisions of FRS 102 Section 1A - small entities.
The financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The Company has opted not to file the profit and loss account in accordance with provisions applicable to companies subject to the small companies' regime.
The financial statements were approved and authorised for issue by the board and were signed on its behalf on 3 December 2025.
................................................
Steven Harrison
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The notes on pages 2 to 5 form part of these financial statements.
Page 1
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COOMBE ROADS ASSOCIATION LIMITED
(A Company Limited by Guarantee)
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NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025
Coombe Roads Association Limited is incorporated in England and Wales and limited by guarantee. The principal activity of the company during the year was that of maintenance and management of the roads comprising the Coombe Hill Estate which includes Coombe Hill Road, Beverley Lane, Henley Drive, Coombe Hill Glade and other roads on the estate. The company registration number and address of its registered office can be found on the company information page of these financial statements.
2.Accounting policies
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Basis of preparation of financial statements
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The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Section 1A of Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.
Income represents service charges, and if applicable special levies, invoiced during the year. Income relating to future periods is included in creditors.
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Tangible fixed assets and depreciation
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Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost of fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Land and buildings - not provided
No depreciation is charged in the financial statements as the amount of £3,315 included as land and buildings is entirely made up of freehold land.
Interest income is recognised in the Income and Expenditure account using the effective interest method.
The company exists to provide services on behalf of its Members and does not trade with a view to profit. It is therefore treated as a mutual trading company and tax only is assessable on investment income.
Long term and current asset investments are represented by deposits with financial institutions repayable on predetermined maturity dates.
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Cash and cash equivalents
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Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours.
Short term creditors are measured at transaction price.
Page 2
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COOMBE ROADS ASSOCIATION LIMITED
(A Company Limited by Guarantee)
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NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025
2.Accounting policies (continued)
The Company only enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans from banks and other third parties, loans to related parties and investments in ordinary shares.
All income with the exception of special levies, and expenditure is exclusive of VAT.
Page 3
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COOMBE ROADS ASSOCIATION LIMITED
(A Company Limited by Guarantee)
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NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025
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Other fixed asset investments
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Current asset investments
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Cash and cash equivalents
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Page 4
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COOMBE ROADS ASSOCIATION LIMITED
(A Company Limited by Guarantee)
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NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025
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Creditors: Amounts falling due within one year
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Taxation and social security
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Service charge fund
The service charge fund represents cumulative surplus and deficit.
The company is a private company limited by guarantee and consequently does not have share capital. Each of the members is liable to contribute an amount not exceeding £1 towards the assets of the company in the event of liquidation.
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Related party transactions
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Each director pays service charges to the company and where applicable directors will also pay special levies for any building work carried out on their properties. The amounts are in the normal course of business.
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Post balance sheet events
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Following the year end, the company agreed a settlement with its former managing agent, resulting in a receipt of £25,000 in August 2025. As negotiations were ongoing and the outcome was uncertain at 31 March 2025, this is treated as a non-adjusting event under FRS 102 Section 32. No adjustment has been made to the financial statements.
The auditor's report on the financial statements for the year ended 31 March 2025 was unqualified.
The audit report was signed on 4 December 2025 by Jay Gill FCCA (Senior Statutory Auditor) on behalf of TWP Accounting LLP.
This report is made solely to the Company's members, as a body, in accordance with Chapter 3 of Part 16 of the Companies Act 2006. Our audit work has been undertaken so that we might state to the Company's members those matters we are required to state to them in an Auditor's Report and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the Company and the Company's members, as a body, for our audit work, for this report, or for the opinions we have formed.
Page 5
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COOMBE ROADS ASSOCIATION LIMITED
(A Company Limited by Guarantee)
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Page 6
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