Company registration number: 03984612
Annual report and unaudited financial statements
for the year ended 31 March 2026
for
Lynwood Road Residents Association Limited
(limited by guarantee)
Pages for filing with the Registrar
Company registration number: 03984612
Lynwood Road Residents Association Limited
(limited by guarantee)
Balance sheet
as at 31 March 2026
2026 2025
£ £ £ £
Current assets
Debtors 154 166
Cash at bank and in hand 162,048 150,996
162,202 151,162
Creditors: amounts falling due within one year
(6,036) (2,892)
Net current assets 156,166 148,270
NET ASSETS 156,166 148,270
Reserves
Other reserves 156,166 148,270
TOTAL RESERVES 156,166 148,270
The company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies for the year ended 31 March 2026.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities to comply with the Companies Act 2006 in respect to accounting records and the preparation of financial statements.
The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
In accordance with Section 444 of the Companies Act 2006, the Income and expenditure account has not been delivered to the Registrar.
These financial statements were approved by the Board of directors and authorised for issue on 6 August 2026 and signed on its behalf by:
Mr N Filby, Director
6 August 2026
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Lynwood Road Residents Association Limited
(limited by guarantee)
Notes to the financial statements
for the year ended 31 March 2026
1 Company information
Lynwood Road Residents Association Limited is a private company registered in England and Wales. Its registered number is 03984612. The company is limited by guarantee. Its registered office is Fountain House, 2 Kingston Road, New Malden, Surrey, KT3 3LR.
2 Accounting policies
Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” including the provisions of Section 1A “Small Entities” and the Companies Act 2006. The financial statements have been prepared under the historic cost convention.
Going concern
In preparing these financial statements, the directors have assessed whether there are any material uncertainties related to events or conditions that cast significant doubt upon the company’s ability to continue as a going concern. In making this assessment, the directors take into account all available information about the future which is at least 12 months from the date that the financial statements are authorised for issue.
The directors consider that the company has adequate resources to continue in business for the foreseeable future and that it is appropriate to adopt the going concern basis in preparing the financial statements.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, Value Added Tax and other sales taxes.
Financial instruments
A financial asset or a financial liability is recognised only when the company becomes party to the contractual provisions of the instrument.
Taxation
Taxation for the year comprises current taxation. Tax is recognised in the Income and expenditure account, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.
Current taxation assets and liabilities are not discounted.
Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.
3 Average number of employees
During the year the average number of employees was Nil (2025 - Nil).
2
Lynwood Road Residents Association Limited
(limited by guarantee)
Notes to the financial statements - continued
for the year ended 31 March 2026
4 Rent charges
Any deficit or surplus arising where the actual expenditure does not equal the budgeted expenditure is reflected in the accounts as an increase or decrease in the provisions for future maintenance and repairs.
5 Taxation
The company is a mutually trading enterprise and any surplus or deficit arising as a result of the difference between the rent charges levied (based on budgeted costs) and actual costs incurred do not fall within the scope of corporation tax. Tax is levied on investment income only.
6 Provisions
Provisions have been established and are recognised in respect of the obligations the company has to maintain the common areas of the Lynwood Road estate. Provisions are shown as reserves on the balance sheet.
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