Heatherset Close Residents Association (Esher) Ltd
Heatherset Close Residents Association (Esher) Ltd
Registered number: 05069183
Unaudited Financial Statements
For The Year Ended 31 March 2020
Heatherset Close Residents Association (Esher) Ltd
Unaudited Financial Statements
For The Year Ended 31 March 2020
Unaudited Financial Statements
Contents | |
Page | |
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Statement of Financial Position | 1—2 |
Notes to the Financial Statements | 3—4 |
Heatherset Close Residents Association (Esher) Ltd
Statement of Financial Position
As at
31 March 2020
Statement of Financial Position
Registered number:
05069183
For the year ending 31 March 2020 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
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Notes | £ | £ | £ | £ | |
CURRENT ASSETS | |||||
Cash at bank and in hand |
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Creditors: Amounts Falling Due Within One Year | 3 |
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NET CURRENT ASSETS (LIABILITIES) |
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TOTAL ASSETS LESS CURRENT LIABILITIES |
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NET ASSETS |
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CAPITAL AND RESERVES | |||||
Called up share capital | 4 |
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Income Statement |
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SHAREHOLDERS' FUNDS | 1,801 | 1,713 | |||
Page 1
Heatherset Close Residents Association (Esher) Ltd
Statement of Financial Position (continued)
As at
31 March 2020
Directors' responsibilities:
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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 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. - The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Income Statement.
On behalf of the board
Director
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The notes on pages 3 to 4 form part of these financial statements.
Page 2
Heatherset Close Residents Association (Esher) Ltd
Notes to the Financial Statements
For The Year Ended 31 March 2020
Notes to the Financial Statements
1.
Accounting Policies
1.1.
Basis of Preparation of Financial Statements
In these accounts we refer to "surplus and deficit", not "profit or loss" which is the conventional terminology for statutory accounts. We feel it is important to emphasise that the company does not trade and its income is not taxable.
1.2.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and form the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.
Sale of goods
Turnover form the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.
Rendering of services
Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.
2.
Average Number of Employees
Average number of employees, including directors, during the year was 2: NIL (2018: )
3.
Creditors: Amounts Falling Due Within One Year
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Other creditors |
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Accruals and deferred income |
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Directors' loan accounts |
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4.
Share Capital
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Allotted, Called up and fully paid |
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Page 3
Heatherset Close Residents Association (Esher) Ltd
Notes to the Financial Statements (continued)
For The Year Ended 31 March 2020
5.
General Information
Heatherset Close Residents Association (Esher) Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 05069183 . The registered office is 71 Fellows Road, Swiss Cottage, London, NW3 3JY.
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