REGISTERED NUMBER: 01320224 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025

FOR

CRAWLEY GRANGE RESIDENTS ASSOCIATION LTD

Page

Balance Sheet

1

FIXED ASSETS

3,709

3,928

CURRENT ASSETS

50,831

29,025

CREDITORS

Amounts falling due within one year

(421

)

(421

)

NET CURRENT ASSETS

50,410

28,604

TOTAL ASSETS LESS CURRENT LIABILITIES

54,119

32,532

CAPITAL AND RESERVES

54,119

32,532

NOTES TO THE FINANCIAL STATEMENTS

1.	STATUTORY INFORMATION

Crawley Grange Residents Association Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

Registered number:

01320224

Registered office:

4 Crawley Grange

Pound Lane

North Crawley

Newport Pagnell

Buckinghamshire

MK16 9HL

2.	PRINCIPAL ACCOUNTING POLICIES

Basis of preparing the financial statements

The financial statements are prepared on the basis of income and expenditure arising under the standard terms contained within leaseholder agreements. In the opinion of the directors, the provisions of Section 42 of the Landlord & Tenant Act 1987 do not apply to the company and therefore:

No statutory trust has been imposed on service charges rendered by the company;

The financial statements do not include any adjustments that would arise as a consequence of the existence of such a trust.

Turnover

Service charges receivable represent contributions receivable from members for the year, under the terms of their leasehold agreements. The level of charges is agreed with members each year and any surpluses or deficits arising during the year are taken into account when setting the following years budgets.

Major Works Expenditure

Major works can include expenditure on the maintenance, repair and general improvement of building exteriors and communal resources. The funding for major works is provided by reserve fund contributions which are agreed each year with members. Major works costs are recognised as expenditure in the year in which they are incurred and written-off as repairs and maintenance, unless otherwise agreed by members.

Taxation

The company does not undertake any form of economic or investment activities which should be brought within the scope of corporation tax.

3.	AVERAGE NUMBER OF EMPLOYEES

The average number of employees during the year was NIL (2024 - NIL).

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared in accordance with the micro-entity provisions and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The financial statements were approved by the Board of Directors and authorised for issue on 20 November 2025 and were signed on its behalf by:

Mrs I Allen - Director