Heatheridge Residents Association - Accounts to registrar (filleted) - small 22.3

REGISTERED NUMBER: 02501907 (England and Wales)

Heatheridge Residents Association

Limited

Unaudited Financial Statements for the Year Ended 30 June 2022

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

3

Director:

C A W Dockerty

Secretary:

Abbeystone Management Limited

Registered office:

Maulak Chambers, The Centre

High Street

Halstead

Essex

CO9 2AJ

Registered number:

02501907 (England and Wales)

Accountants:

Fairhead Bradford

5 Queen Street

Great Yarmouth

Norfolk

NR30 2QP

Current assets

Debtors

4

4,356

1,431

Cash at bank

11,387

13,366

15,743

14,797

Creditors

Amounts falling due within one year

5

4,347

1,986

Net current assets

11,396

12,811

Total assets less current liabilities

11,396

12,811

Capital and reserves

Called up share capital

10

10

Sinking fund

12,000

12,000

Retained earnings

(614

)

801

Shareholders' funds

11,396

12,811

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 director acknowledges his 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.

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

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 29 March 2023 and were signed by:

C A W Dockerty - Director

1.	Statutory information

Heatheridge Residents Association Limited is a private company, limited by shares , registered in 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

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 comprises ground rents service charges receivable excluding value added tax.

Financial instruments

Basic financial instruments are initially recognised at the transaction price, unless the arrangement constitutes a financing transaction, where it is recognised at the present value of the future payments discounted at a market rate of interest for a similar debt instrument. Debt instruments are subsequently measured at amortised cost.

3.	Employees and directors

The average number of employees during the year was 1 (2021 - 1 ) .

4.

Debtors: amounts falling due within one year

30/6/22

30/6/21

£

£

Other debtors

4,356

1,431

Included in other debtors are amounts due from residents of £3,654 ( 2021 - £746)

5.

Creditors: amounts falling due within one year

30/6/22

30/6/21

£

£

Trade creditors

1,556

-

Other creditors

2,791

1,986

4,347

1,986

Included in other creditors are the following amounts:-

Historic directors loan account £377 ( 2021 - £377 )

Amounts owed to residents £ 146 ( 2021 - £Nil)