Plantation Community Association
Plantation Community Association
Company Registration No. SC484583 (Scotland)
Page
- 2 -
Directors
Company Number
Registered Office
Accountants
- 3 -
Chartered Certified Accountants' report to the board of directors on the preparation of the unaudited statutory accounts of
Plantation Community Association
for the year ended 31 December 2021
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Plantation Community Association for the year ended 31 December 2021 as set out on pages 5 - 7 from the Company's accounting records and from information and explanations you have given us.
As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at https://www.accaglobal.com/uk/en/about-us/regulation/rulebook.html
This report is made solely to the Board of Directors of Plantation Community Association , as a body, in accordance with the terms of our engagement letter dated 28 August 2019. Our work has been undertaken solely to prepare for your approval the accounts of Plantation Community Association and state those matters that we have agreed to state to the Board of Directors of Plantation Community Association , as a body, in this report in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at http://www.accaglobal.com/content/dam/ACCA_Global/Technical/fact/technical-factsheet-163.pdf. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Plantation Community Association and its Board of Directors as a body for our work or for this report.
It is your duty to ensure that Plantation Community Association has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and loss of Plantation Community Association . You consider that Plantation Community Association 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 accounts of Plantation Community Association . 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 accounts.
- 4 -
2021
2020
Notes
£
£
Fixed assets
Current assets
Cash at bank and in hand
Net current liabilities
(154,526 )
(166,220 )
Net assets
Capital and reserves
Profit and loss account
Shareholders' funds
The financial statements were approved by the Board of Directors and authorised for issue on 30 September 2022 and were signed on its behalf by
- 5 -
1
Statutory information
2
Compliance with accounting standards
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
Presentation currency
Tangible fixed assets and depreciation
Other tangible fixed assets
4
Tangible fixed assets
Land & buildings
£
Cost or valuation
At cost
At 1 January 2021
At 31 December 2021
Depreciation
At 1 January 2021
Charge for the year
At 31 December 2021
Net book value
At 31 December 2021
At 31 December 2020
5
Creditors: amounts falling due within one year
2021
2020
£
£
Other creditors
Accruals
Deferred income
- 6 -