Oakenshaw Court Residents Association Limited Company accounts

COMPANY REGISTRATION NUMBER: 00647086

Oakenshaw Court Residents Association Limited

Unaudited Financial Statements

31 March 2025

Oakenshaw Court Residents Association Limited

Financial Statements

Year ended 31 March 2025

Contents	Page

Directors' report	1

Chartered accountant's report to the board of directors on the preparation of the unaudited statutory financial statements	2

Statement of income and retained earnings	3

Statement of financial position	4

Notes to the financial statements	5

Oakenshaw Court Residents Association Limited

Directors' Report

Year ended 31 March 2025

The directors present their report and the unaudited financial statements of the company for the year ended 31 March 2025 .

Directors

The directors who served the company during the year were as follows:

Ms K Hall
Mr G Marr
Miss J Kennedy
Mr J E Duddy
Mr R Tyler

Small company provisions

This report has been prepared in accordance with the provisions applicable to companies entitled to the small companies exemption.

This report was approved by the board of directors on 1 November 2025 and signed on behalf of the board by:

Mr R D S Heald

Company Secretary

Registered office:

69 Victoria Road

Surbiton

Surrey

United Kingdom

KT6 4NX

Oakenshaw Court Residents Association Limited

Chartered Accountant's Report to the Board of Directors on the Preparation of the Unaudited Statutory Financial Statements of Oakenshaw Court Residents Association Limited

Year ended 31 March 2025

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Oakenshaw Court Residents Association Limited for the year ended 31 March 2025, which comprise the statement of income and retained earnings, statement of financial position and the related notes from the company's accounting records and from information and explanations you have given us. As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at www.icaew.com/en/membership/regulations-standards-and-guidance. Our work has been undertaken in accordance with ICAEW Technical Release 07/16 AAF as detailed at www.icaew.com/compilation.

SHERIDAN BROOKS LIMITED Chartered accountants

176 Brighton Road Coulsdon Surrey CR5 2NF

1 November 2025

Oakenshaw Court Residents Association Limited

Statement of Income and Retained Earnings

Year ended 31 March 2025

	2025	2024
Note	£	£
Turnover	74,976	89,707

	--------	--------
Gross profit	74,976	89,707

Administrative expenses	89,769	86,696
	--------	--------
Operating (loss)/profit	( 14,793)	3,011

Other interest receivable and similar income	165	260
	--------	--------
(Loss)/profit before taxation	( 14,628)	3,271

Tax on (loss)/profit	–	–
	--------	-------
(Loss)/profit for the financial year and total comprehensive income	( 14,628)	3,271
	--------	-------

Retained earnings at the start of the year	27,852	24,581
	--------	--------
Retained earnings at the end of the year	13,224	27,852
	--------	--------

All the activities of the company are from continuing operations.

Oakenshaw Court Residents Association Limited

Statement of Financial Position

31 March 2025

	2025		2024
Note	£	£	£

Current assets

Debtors	5	17,423	20,251
Cash at bank and in hand		9,594	22,074
		--------	--------
		27,017	42,325

Creditors: amounts falling due within one year	6	13,433		14,113
		--------		--------
Net current assets			13,584	28,212
			--------	--------
Total assets less current liabilities			13,584	28,212
			--------	--------
Net assets			13,584	28,212
			--------	--------

Capital and reserves

Called up share capital	360	360
Profit and loss account	13,224	27,852
	--------	--------
Shareholders funds	13,584	28,212
	--------	--------

These financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

For the year ending 31 March 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476 ;

- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .

These financial statements were approved by the board of directors and authorised for issue on 1 November 2025 , and are signed on behalf of the board by:

Mr G Marr
Director

Company registration number: 00647086

Oakenshaw Court Residents Association Limited

Notes to the Financial Statements

Year ended 31 March 2025

1. General information

The company is a private company limited by shares, registered in England and Wales. The address of the registered office is 69 Victoria Road, Surbiton, Surrey, KT6 4NX, United Kingdom.

2. Statement of compliance

These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.

3. Accounting policies

Basis of preparation

The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.

The financial statements are prepared in sterling, which is the functional currency of the entity.

Judgements and key sources of estimation uncertainty

The preparation of the financial statements requires management to make judgements, estimates and assumptions that affect the amounts reported. These estimates and judgements are continually reviewed and are based on experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances.

Revenue recognition

Turnover represents maintenance contributions receivable from members.

Financial instruments

A financial asset or a financial liability is recognised only when the entity becomes a party to the contractual provisions of the instrument. Basic financial instruments are initially recognised at the transaction price, unless the arrangement constitutes a financing transaction, where it is recognised at the present value of the future payments discounted at a market rate of interest for a similar debt instrument.

4. Employee costs

The number of employees employed by the company during the year was nil (2024 - Nil).

5. Debtors

	2025	2024
	£	£
Trade debtors	4,955	7,753
Prepayments	12,468	12,498
	--------	--------
	17,423	20,251
	--------	--------

Trade debtors represent members' contributions outstanding at the year end.

6. Creditors: amounts falling due within one year

	2025	2024
	£	£
Trade creditors	944	64
Accruals	1,302	1,242
Insurance premium loan	10,752	12,699
Other creditors	435	108
	--------	--------
	13,433	14,113
	--------	--------