Hursley Court Residents Association Ltd - Limited company accounts 22.3

REGISTERED NUMBER: 00791968 (England and Wales)

REPORT OF THE DIRECTORS AND

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 JUNE 2022

FOR

HURSLEY COURT RESIDENTS ASSOCIATION

LIMITED

Page

Company Information

1

Report of the Directors

2

Income Statement

3

Balance Sheet

4

Notes to the Financial Statements

5

DIRECTORS:

J H Wong

O T H Frost

N Sisodiya

SECRETARY:

M R Dungworth

REGISTERED OFFICE:

1 Spring Cottage, St Leonards Road

Surbiton

Surrey

KT6 4DF

REGISTERED NUMBER:

00791968 (England and Wales)

ACCOUNTANTS:

Collards

Chartered Accountants

5-9 Eden Street

Kingston-upon-Thames

Surrey

KT1 1BQ

The directors present their report with the financial statements of the company for the year ended 30 June 2022.

DIRECTORS

The directors shown below have held office during the whole of the period from 1 July 2021 to the date of this report.

J H Wong

O T H Frost

N Sisodiya

The directors are all members of the company, each having guaranteed payment of £1 to the company in the event of the company's liquidation.

This report has been prepared in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

ON BEHALF OF THE BOARD:

O T H Frost - Director

13 October 2022

TURNOVER

16,572

Administrative expenses

15,089

12,611

OPERATING SURPLUS and

SURPLUS BEFORE TAXATION

1,483

3,961

Tax on surplus

-

SURPLUS FOR THE FINANCIAL YEAR

1,483

3,961

FIXED ASSETS

Tangible assets

4

1

CURRENT ASSETS

Debtors

5

2,662

1,539

Cash at bank

15,215

13,798

17,877

15,337

CREDITORS

Amounts falling due within one year

6

2,134

1,077

NET CURRENT ASSETS

15,743

14,260

TOTAL ASSETS LESS CURRENT
LIABILITIES

15,744

14,261

RESERVES

Income and expenditure account

15,744

14,261

MEMBERS' FUNDS

15,744

14,261

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2022.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 2022 in accordance with Section 476 of the Companies Act 2006.

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 surplus or deficit 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.

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

The financial statements were approved by the Board of Directors and authorised for issue on 13 October 2022 and were signed on its behalf by:

O T H Frost - Director

1.	STATUTORY INFORMATION

Hursley Court Residents Association Limited is a private company, limited by guarantee , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover

Turnover represents service charges collected from the leaseholders plus additional recharges.

Tangible fixed assets

The company holds the title to the freehold property. This property is managed for the mutual benefit of all leaseholders.

3.

EMPLOYEES

The average number of employees during the year was NIL (2021 - NIL).

4.	TANGIBLE FIXED ASSETS

Freehold

property

£

COST

At 1 July 2021

and 30 June 2022

1

NET BOOK VALUE

At 30 June 2022

1

At 30 June 2021

1

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2022

2021

£

Service charges receivable

2,662

1,539

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2022

2021

£

Accounts payable

-

333

Payments received in advance

1,587

197

Accrued expenses

547

2,134

1,077