Park House Residents Association Limited - Accounts to registrar (filleted) - small 18.2
Park House Residents Association Limited - Accounts to registrar (filleted) - small 18.2
| REGISTERED NUMBER: |
| Park House Residents Association Limited |
| Unaudited Financial Statements for the Year Ended 29 February 2020 |
| Park House Residents Association Limited (Registered number: 02994344) |
| Contents of the Financial Statements |
| for the Year Ended 29 February 2020 |
| Page |
| Company Information | 1 |
| Statement of Financial Position | 2 |
| Notes to the Financial Statements | 3 |
| Park House Residents Association Limited |
| Company Information |
| for the Year Ended 29 February 2020 |
| DIRECTORS: |
| REGISTERED OFFICE: |
| BUSINESS ADDRESS: |
| REGISTERED NUMBER: |
| ACCOUNTANTS: |
| Chartered Accountants |
| 5 London Road |
| Rainham |
| Gillingham |
| Kent |
| ME8 7RG |
| Park House Residents Association Limited (Registered number: 02994344) |
| Statement of Financial Position |
| 29 February 2020 |
| 2020 | 2019 |
| Notes | £ | £ | £ | £ |
| FIXED ASSETS |
| Tangible assets | 4 |
| CURRENT ASSETS |
| Debtors | 5 |
| Cash at bank |
| CREDITORS |
| Amounts falling due within one year | 6 |
| NET CURRENT ASSETS |
| TOTAL ASSETS LESS CURRENT LIABILITIES |
| CAPITAL AND RESERVES |
| Called up share capital |
| Share premium |
| Retained earnings |
| SHAREHOLDERS' FUNDS |
| 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. |
| In accordance with Section 444 of the Companies Act 2006, the Statement of Income and Retained Earnings has not been delivered. |
| The financial statements were approved by the Board of Directors and authorised for issue on were signed on its behalf by: |
| Park House Residents Association Limited (Registered number: 02994344) |
| Notes to the Financial Statements |
| for the Year Ended 29 February 2020 |
| 1. | STATUTORY INFORMATION |
| Park House Residents Association Limited is a |
| Wales. The company's registered number and registered office address can be found on the Company |
| Information page. |
| The presentation currency of the financial statements is the Pound Sterling (£). |
| 2. | ACCOUNTING POLICIES |
| Basis of preparing the financial statements |
| Income recognition |
| Turnover represents service charges, contributions to sinking funds and other income. |
| Tangible fixed assets |
| Tangible fixed assets represent freehold land and buildings and are stated at cost less accumulated |
| depreciation. Depreciation has been calculated to write off the cost over its expected useful life. |
| Financial instruments |
| The Company enters into basic financial instruments that result in the recognition of financial assets and |
| liabilities like trade and other accounts receivable and payable, loans to and from banks, other third parties |
| and related parties. |
| Basic financial instruments are recognised at amortised cost, with changes recognised in profit or loss. |
| Taxation |
| Tax for the year arises on interest only. Tax is recognised in the Statement of Income and Retained Earnings, |
| except to the extent that it relates to items recognised in other comprehensive income or directly in equity. |
| Any current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted |
| by the statement of financial position date. |
| 3. | EMPLOYEES AND DIRECTORS |
| The average number of employees during the year was NIL (2019 - NIL). |
| Park House Residents Association Limited (Registered number: 02994344) |
| Notes to the Financial Statements - continued |
| for the Year Ended 29 February 2020 |
| 4. | TANGIBLE FIXED ASSETS |
| Land and |
| buildings |
| £ |
| COST |
| At 1 March 2019 |
| and 29 February 2020 |
| DEPRECIATION |
| At 1 March 2019 |
| Charge for year |
| At 29 February 2020 |
| NET BOOK VALUE |
| At 29 February 2020 |
| At 28 February 2019 |
| 5. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 2020 | 2019 |
| £ | £ |
| Trade debtors |
| 6. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 2020 | 2019 |
| £ | £ |
| Trade creditors |
| Taxation and social security |
| Other creditors |