Bramwoods Residents Association Limited Filleted accounts for Companies House (small and micro)

COMPANY REGISTRATION NUMBER: 01259913

Bramwoods Residents Association Limited

Filleted Unaudited Financial Statements

31 March 2025

Bramwoods Residents Association Limited

Statement of Financial Position

31 March 2025

	2025		2024
Note	£	£	£

Current assets

Debtors	6	4,584	4,014
Cash at bank and in hand		64,793	44,637
		--------	--------
		69,377	48,651

Creditors: amounts falling due within one year	7	3,607		2,946
		--------		--------
Net current assets			65,770	45,705
			--------	--------
Total assets less current liabilities			65,770	45,705
			--------	--------
Net assets			65,770	45,705
			--------	--------

Capital and reserves

Called up share capital	8	30	30
Repair and redecoration reserve		65,740	45,675
		--------	--------
Shareholders funds		65,770	45,705
		--------	--------

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 income statement has not been delivered.

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 24 November 2025 , and are signed on behalf of the board by:

S Parr	P Mears
Director	Director

Company registration number: 01259913

Bramwoods 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 Goldlay House, Parkway, Chelmsford, Essex, CM2 7PR.

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

The turnover as shown in the income and expenditure account represents maintenance charges receivable from residents.

Tangible assets

Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses. An increase in the carrying amount of an asset as a result of a revaluation, is recognised in other comprehensive income and accumulated in equity, except to the extent it reverses a revaluation decrease of the same asset previously recognised in profit or loss. A decrease in the carrying amount of an asset as a result of revaluation, is recognised in other comprehensive income to the extent of any previously recognised revaluation increase accumulated in equity in respect of that asset. Where a revaluation decrease exceeds the accumulated revaluation gains accumulated in equity in respect of that asset, the excess shall be recognised in profit or loss.

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:

	Plant and Machinery	-	15% straight line

Impairment of fixed assets

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.

Financial instruments

Financial instruments are classified and accounted for, according to the substance of the contractual arrangement, as either financial assets, financial liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.

4. Average number of employees

The average number of employees during the year was 5 (2024: 5) which consisted of the directors only.

5. Tangible assets

	Equipment	Total
	£	£
Cost
At 1 April 2024 and 31 March 2025	849	849
	----	----
Depreciation
At 1 April 2024 and 31 March 2025	849	849
	----	----
Carrying amount
At 31 March 2025	–	–
	----	----
At 31 March 2024	–	–
	----	----

6. Debtors

	2025	2024
	£	£
Trade debtors	865	465
Prepayments and accrued income	3,719	3,549
	-------	-------
	4,584	4,014
	-------	-------

7. Creditors: amounts falling due within one year

	2025	2024
	£	£
Trade creditors	2,755	2,130
Accruals and deferred income	852	816
	-------	-------
	3,607	2,946
	-------	-------

8. Called up share capital

Authorised share capital

	2025		2024
	No.	£	No.	£
Ordinary shares of £ 1 each	30	30	30	30
	----	----	----	----

Issued, called up and fully paid

	2025		2024
	No.	£	No.	£
Ordinary shares of £ 1 each	30	30	30	30
	----	----	----	----

9. Related party transactions

The company conducted transactions of £111 (2024: £520) with two directors in the year.