18 & 18a Rodway Road Residents Assoc Ltd - Accounts to registrar (filleted) - small 18.2
18 & 18a Rodway Road Residents Assoc Ltd - Accounts to registrar (filleted) - small 18.2
REGISTERED NUMBER: |
Unaudited Financial Statements |
for the Year Ended 31 March 2020 |
for |
18 & 18A RODWAY ROAD RESIDENTS |
ASSOCIATION LIMITED |
18 & 18A RODWAY ROAD RESIDENTS |
ASSOCIATION LIMITED (REGISTERED NUMBER: 04337796) |
Contents of the Financial Statements |
for the year ended 31 March 2020 |
Page |
Company Information | 1 |
Chartered Accountants' Report | 2 |
Statement of Financial Position | 3 |
Notes to the Financial Statements | 5 |
18 & 18A RODWAY ROAD RESIDENTS |
ASSOCIATION LIMITED |
Company Information |
for the year ended 31 March 2020 |
Director: |
Secretary: |
Registered office: |
Registered number: |
Accountants: |
Chartered Accountants |
Northside House |
69 Tweedy Road |
Bromley |
Kent |
BR1 3WA |
Chartered Accountants' Report to the Director |
on the Unaudited Financial Statements of |
18 & 18a Rodway Road Residents |
Association Limited |
The following reproduces the text of the report prepared for the director in respect of the company's annual |
unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to |
file a Statement of Financial Position. Readers are cautioned that the Income Statement and certain other |
primary statements and the Report of the Director are not required to be filed with the Registrar of Companies. |
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the |
financial statements of 18 & 18a Rodway Road Residents Association Limited for the year ended 31 March 2020 |
which comprise the Income Statement, Other Comprehensive Income, Statement of Financial Position, Statement of |
Changes in Equity and the related notes from the company's accounting records and from information and |
explanations you have given us. |
As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance. |
This report is made solely to the director of 18 & 18a Rodway Road Residents Association Limited in accordance with the terms of our engagement letter dated 23 August 2012. Our work has been undertaken solely to prepare for your approval the financial statements of 18 & 18a Rodway Road Residents Association Limited and state those matters that we have agreed to state to the director of 18 & 18a Rodway Road Residents Association Limited in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than 18 & 18a Rodway Road Residents Association Limited and its director for our work or for this report. |
It is your duty to ensure that 18 & 18a Rodway Road Residents Association Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of 18 & 18a Rodway Road Residents Association Limited. You consider that 18 & 18a Rodway Road Residents Association Limited is exempt from the statutory audit requirement for the year. |
We have not been instructed to carry out an audit or a review of the financial statements of 18 & 18a Rodway Road Residents Association Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements. |
Chartered Accountants |
Northside House |
69 Tweedy Road |
Bromley |
Kent |
BR1 3WA |
18 & 18A RODWAY ROAD RESIDENTS |
ASSOCIATION LIMITED (REGISTERED NUMBER: 04337796) |
Statement of Financial Position |
31 March 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 |
Creditors |
Amounts falling due after more than one year |
7 |
Net assets |
Capital and reserves |
Called up share capital | 8 |
Retained earnings |
Shareholders' funds |
The director acknowledges her 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. |
18 & 18A RODWAY ROAD RESIDENTS |
ASSOCIATION LIMITED (REGISTERED NUMBER: 04337796) |
Statement of Financial Position - continued |
31 March 2020 |
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered. |
The financial statements were approved by the director and authorised for issue on |
18 & 18A RODWAY ROAD RESIDENTS |
ASSOCIATION LIMITED (REGISTERED NUMBER: 04337796) |
Notes to the Financial Statements |
for the year ended 31 March 2020 |
1. | Statutory information |
18 & 18a Rodway Road Residents Association Limited is a |
England and 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 |
Key source of estimation, uncertainty and judgement |
The preparation of financial statements in conformity with generally accepted accounting practice requires |
management to make estimates and judgement that affect the reported amounts of assets and liabilities as well |
as the disclosure of contingent assets and liabilities at the balance sheet date and the reported amounts of |
revenues and expenses during the reporting period. |
There is estimation uncertainty in calculating depreciation. A full line by line review of fixed assets is carried |
out by management regularly. Whilst every attempt is made to ensure that the depreciation policy is as accurate |
as possible, there remains a risk that the policy does not match the useful life of the assets. |
There is estimation uncertainty in calculating deferred tax. A full line by line review of deferred tax is carried |
out by management regularly. Whilst every attempt is made to ensure that the deferred tax is accurate as |
possible, there remains a risk that the provisions do not match the actual tax liability when asset is disposed |
off. |
There is estimation uncertainty in calculating bad debt provisions. A full line by line review of trade debtors is |
carried out at the end of each month. Whilst every attempt is made to ensure that the bad debt provisions are as |
accurate as possible, there remains a risk that the provisions do not match the level of debts which ultimately |
prove to be uncollectable. |
Turnover |
Turnover represents amounts receivable for service charges. |
Tangible fixed assets |
Tangible fixed assets other than freehold land are stated at cost less depreciation. Depreciation is provided at |
rates calculated to write off the cost less estimated residual value of each asset over its expected useful life. |
3. | Employees and directors |
The average number of employees during the year was NIL (2019 - NIL). |
18 & 18A RODWAY ROAD RESIDENTS |
ASSOCIATION LIMITED (REGISTERED NUMBER: 04337796) |
Notes to the Financial Statements - continued |
for the year ended 31 March 2020 |
4. | Tangible fixed assets |
Freehold |
property |
£ |
Cost |
At 1 April 2019 |
and 31 March 2020 |
Net book value |
At 31 March 2020 |
At 31 March 2019 |
5. | Debtors: amounts falling due within one year |
2020 | 2019 |
£ | £ |
Other debtors |
6. | Creditors: amounts falling due within one year |
2020 | 2019 |
£ | £ |
Other creditors |
7. | Creditors: amounts falling due after more than one year |
2020 | 2019 |
£ | £ |
Freehold tenants contribution |
8. | Called up share capital |
Allotted, issued and fully paid: |
Number: | Class: | Nominal | 2020 | 2019 |
value: | £ | £ |
Ordinary | £1 | 5 | 5 |