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Company Registration No. 05272750 (England and Wales)
Gibbs Street Residents Association Limited Unaudited accounts for the year ended 31 October 2025
Gibbs Street Residents Association Limited Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
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Gibbs Street Residents Association Limited Company Information for the year ended 31 October 2025
Director
Richard Whitter
Secretary
Richard Whitter
Company Number
05272750 (England and Wales)
Registered Office
15a Gibbs Street Wolverhampton West Midlands WV6 0RE England
Accountants
Nellys Accountants Ltd 71 Woodland Avenue Tettenhall Wood Wolverhampton West Midlands WV6 8ND
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Gibbs Street Residents Association Limited Statement of financial position as at 31 October 2025
2025
2024
Notes
£
£
Current assets
Cash at bank and in hand
2,835
2,947
Creditors: amounts falling due within one year
4
(312)
(300)
Net current assets
2,523
2,647
Net assets
2,523
2,647
Reserves
5
Profit and loss account
2,523
2,647
Members' funds
2,523
2,647
For the year ending 31 October 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered 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 profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 18 March 2026 and were signed on its behalf by
Richard Whitter Director Company Registration No. 05272750
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Gibbs Street Residents Association Limited Notes to the Accounts for the year ended 31 October 2025
1
Statutory information
Gibbs Street Residents Association Limited is a private company, limited by guarantee, registered in England and Wales, registration number 05272750. The registered office is 15a Gibbs Street, Wolverhampton, West Midlands, WV6 0RE, England.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
4
Creditors: amounts falling due within one year
2025
2024
£
£
Accruals
312
300
5
Company limited by guarantee
The company is limited by guarantee and has no share capital. Every member of the company undertakes to contribute to the assets of the company, in the event of a winding up, such an amount as may be required not exceeding £1.
6
Average number of employees
During the year the average number of employees was 0 (2024: 0).
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