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COMPANY REGISTRATION NUMBER: 01067125

LUNESDALE COURT RESIDENTS' ASSOCIATION LIMITED

Company Limited by Guarantee

FILLETED UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED

31 May 2025

LUNESDALE COURT RESIDENTS' ASSOCIATION LIMITED

COMPANY LIMITED BY GUARANTEE

STATEMENT OF FINANCIAL POSITION

31 May 2025

| 2025 | 2024
Note | £ | £ | £

CURRENT ASSETS

Debtors | 5 | 3,090 |  | 2,211
Cash at bank and in hand | 17,589 |  | 23,018
| --------- |  | ---------
|  | 20,679 | 25,229
|  | --------- | ---------

CREDITORS: amounts falling due within one year | 6 |  | 20,679 | 25,229
|  | --------- | ---------

These financial statements have been prepared and delivered 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'.
In accordance with section 444 of the Companies Act 2006, the statement of comprehensive income has not been delivered.
For the year ending 31st May 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 17 February 2026 , and are signed on behalf of the board by:

Mrs L Brown |
Director |

Company registration number: 01067125

LUNESDALE COURT RESIDENTS' ASSOCIATION LIMITED

COMPANY LIMITED BY GUARANTEE

NOTES TO THE FINANCIAL STATEMENTS

YEAR ENDED 31st MAY 2025
1. GENERAL INFORMATION
The company is a private company limited by guarantee, registered in England and Wales. The address of the registered office is C/O Parkinson Property, Third Floor Reception Office, Bridge Square Apartments, Lancaster, LA1 1BB.
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.
Revenue recognition
Turnover represents service charges receivable from the residents.
Income tax
The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in profit or loss, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. In this case, tax is recognised in other comprehensive income or directly in equity, respectively. Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.
Deferred tax is recognised in respect of all timing differences at the reporting date. Unrelieved tax losses and other deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date that are expected to apply to the reversal of the timing difference.
4. COMPANY LIMITED BY GUARANTEE
The company is limited by guarantee having no share capital. In the event of the company being wound up each member is limited to an amount not exceeding £25.
5. DEBTORS

| 2025 | 2024
| £ | £

Prepayments and accrued income | 77 | –
Service charge arrears | 3,013 | 2,211
| -------- | --------
| 3,090 | 2,211
| -------- | --------

6. CREDITORS: amounts falling due within one year

| 2025 | 2024
| £ | £

Service charges in advance | 3,028 | 2,301
Accruals and deferred income | 818 | 787
Corporation tax | 120 | 61
Other creditors | 16,713 | 22,080
| --------- | ---------
| 20,679 | 25,229
| --------- | ---------

Other creditors relates to the money held by the company on behalf of the property owners of Lunesdale Court Residents' Association Limited.
7. RELATED PARTY TRANSACTIONS
No transactions with related parties were undertaken such as are required to be disclosed under FRS 102.