ACCOUNTS - Final Accounts preparation

THE WARREN (RADLETT) LIMITED - Company Information

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Registered number: 11418759

THE WARREN (RADLETT) LIMITED

UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 30 JUNE 2020

THE WARREN (RADLETT) LIMITED

REGISTERED NUMBER: 11418759

BALANCE SHEET

AS AT 30 JUNE 2020

		2020		2019
Note		£		£


Current assets
Debtors		2,500		-
Cash at bank and in hand	3	5,078		51,489
		7,578		51,489
Creditors: amounts falling due within one year	4	-		(342)
Net current assets			7,578		51,147
Total assets less current liabilities			7,578		51,147

Net assets			7,578		51,147

Capital and reserves
Reserve fund	7,578	51,147
	7,578	51,147

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THE WARREN (RADLETT) LIMITED

REGISTERED NUMBER: 11418759

BALANCE SHEET (CONTINUED)

AS AT 30 JUNE 2020

The directors consider that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime and in accordance with the provisions of FRS 102 Section 1A - small entities.

The financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The Company has opted not to file the statement of comprehensive income in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf on 1 March 2021.

Stephen Michael Garbutta

Director

The notes on pages 3 to 4 form part of these financial statements.

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THE WARREN (RADLETT) LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 JUNE 2020

1.	General information

The Warren (Radlrtt) Limited is a private company, limited by guarantee without share capital and is incorporated in England and Wales. The registered office is 2 The Warren, Radlett, Hertfordshire, WD7 7DX. The financial statements are presented in Sterling, which is the functional currency of the company.

2.Accounting policies

2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Section 1A of Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.

The following principal accounting policies have been applied:

2.2

Income

Income represents Resident Contributions Received.

2.3

Debtors

Short term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

2.4

Cash and cash equivalents

Cash is represented by deposits with financial institutions.

3.	Cash and cash equivalents
		2020	2019
		£	£

Cash at bank and in hand	5,078	51,489
	5,078	51,489

4.	Creditors: Amounts falling due within one year
		2020	2019
		£	£

Other creditors	-	342
	-	342

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THE WARREN (RADLETT) LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 JUNE 2020


5.	Reserves

Surplus bfwd: 51,147
Deficit for the year (43,569)
Surplus cfwdt at 30 June 2020: 7,578
The reserve has been established to meet the cost of acquiring and maintaining the road.

6.	Company status

The company is a private company limited by guarantee and consequently does not have share capital. There are 23 members each of whose liability in any winding up of the company may not exceed £1. All members of the company are residents of The Warren.

7.	Companies Act 2006

In certain circumstances these financial statements do not use the terminology laid down by the Companies Act 2006. However, such departures give a better understanding of the results and fulfil the requirements to show a true and fair view.

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