Lower Mill Estate Homeowners Association Limited 30/09/2025 iXBRL

Company registration number: 12033054

Lower Mill Estate Homeowners Association Limited

Company limited by guarantee

Unaudited filleted financial statements

30 September 2025

Lower Mill Estate Homeowners Association Limited

Company limited by guarantee

Contents

Directors and other information

Accountants report

Statement of financial position

Notes to the financial statements

Lower Mill Estate Homeowners Association Limited

Company limited by guarantee

Directors and other information


	Directors	Stuart Lammin
		Andrew Mortimer
		Graham Valentine
		Reginald Pressney


	Company number	12033054


	Registered office	Ruralink Ltd
		Farm 491, Alliston Centre
		Stroud Road
		GL7 6JN


	Accountants	Hicks and Company
		Chartered Accountants
		Vaughan Chambers
		Vaughan Road
		Harpenden
		AL5 4EE

Lower Mill Estate Homeowners Association Limited

Company limited by guarantee

Chartered accountants report to the board of directors on the preparation of the

unaudited statutory financial statements of Lower Mill Estate Homeowners Association Limited

Year ended 30 September 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 Lower Mill Estate Homeowners Association Limited for the year ended 30 September 2025 which comprise the statement of financial position and 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 http://www.icaew.com /en/members/regulations-standards-and-guidance/.

This report is made solely to the board of directors of Lower Mill Estate Homeowners Association Limited, as a body, in accordance with the terms of our engagement letter dated 4 October 2025. Our work has been undertaken solely to prepare for your approval the financial statements of Lower Mill Estate Homeowners Association Limited and state those matters that we have agreed to state to the board of directors of Lower Mill Estate Homeowners Association Limited as a body, in this report in accordance with ICAEW Technical Release 07/16 AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Lower Mill Estate Homeowners Association Limited and its board of directors as a body for our work or for this report.

It is your duty to ensure that Lower Mill Estate Homeowners Association Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and loss of Lower Mill Estate Homeowners Association Limited. You consider that Lower Mill Estate Homeowners Association Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Lower Mill Estate Homeowners Association Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

Hicks and Company

Chartered Accountants

Vaughan Chambers

Vaughan Road

Harpenden

AL5 4EE

5 May 2026

Lower Mill Estate Homeowners Association Limited

Company limited by guarantee

Statement of financial position

30 September 2025

		2025		2024
	Note	£	£	£	£

Fixed assets
Tangible assets	5	1		358
		_______		_______
			1		358

Current assets
Cash at bank and in hand		54,670		58,550
		_______		_______
		54,670		58,550
Creditors: amounts falling due
within one year	6	( 1,048)		( 1,088)
		_______		_______
Net current assets			53,622		57,462
			_______		_______
Total assets less current liabilities			53,623		57,820

			_______		_______
Net assets			53,623		57,820
			_______		_______

Capital and reserves
Profit and loss account			53,623		57,820
			_______		_______
Members funds			53,623		57,820
			_______		_______

For the year ending 30 September 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 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 income and retained earnings has not been delivered.

These financial statements were approved by the board of directors and authorised for issue on 05 May 2026 , and are signed on behalf of the board by:

Stuart Lammin

Director

Company registration number: 12033054

Lower Mill Estate Homeowners Association Limited

Company limited by guarantee

Notes to the financial statements

Year ended 30 September 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 Ruralink Ltd, Farm 491, Alliston Centre, Stroud Road, GL7 6JN.

2. Statement of compliance

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

Turnover

Turnover is measured at the fair value of consideration received or receivable and represents subscriptions received from members and income from events organised by the company.

Taxation

The company is a non-profit making organisation and is therefore not liable to corporation tax.

Tangible assets

Tangible assets are initially recorded at cost, and is subsequently stated at cost less any accumulated depreciation and any accumulated impairment losses.

Depreciation

Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:


Computer equipment	-	33 %	straight line

If there is an indication that there has been a significant change in depreciation rate, useful life or residual value of tangible assets, the depreciation is revised prospectively to reflect the new estimates.

Impairment

A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date. When it is not possible to estimate the recoverable amount of an individual asset, an estimate is made of the recoverable amount of the cash-generating unit to which the asset belongs. The cash-generating unit is the smallest identifiable group of assets that includes the asset and generates cash inflows that are largely independent of the cash inflows from other assets or groups of assets.

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.Debt instruments are subsequently measured at amortised cost.

4. Limited by guarantee

The liability of each member is limited to a contribution of £1, in the event of the company being wound up while he or she is a member, or within one year after he or she ceases to be a member, towards the payment of debts and liabilities of the company contracted before he or she ceased to be a member and the payment of costs and expenses of the winding up. At the year end there were over 300 members (2024: 185).

5. Tangible assets

	Computer equipment	Total
	£	£
Cost
At 1 October 2024 and 30 September 2025	1,429	1,429
	_______	_______
Depreciation
At 1 October 2024	1,071	1,071
Charge for the year	357	357
	_______	_______
At 30 September 2025	1,428	1,428
	_______	_______
Carrying amount
At 30 September 2025	1	1
	_______	_______
At 30 September 2024	358	358
	_______	_______

6. Creditors: amounts falling due within one year

	2025	2024
	£	£
Other creditors	1,048	1,088
	_______	_______