Beechworth Residents Association Limited Filleted accounts for Companies House (small and micro)
Beechworth Residents Association Limited Filleted accounts for Companies House (small and micro)
COMPANY REGISTRATION NUMBER:
01175839
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For the year ended |
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Statement of Financial Position |
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2022 |
2021 |
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Note |
£ |
£ |
£ |
Current assets
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Debtors |
5 |
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Cash at bank and in hand |
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Creditors: amounts falling due within one year |
6 |
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Net current assets |
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Total assets less current liabilities |
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Net assets |
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Capital and reserves
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Called up share capital |
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Other reserves |
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Shareholders funds |
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In accordance with section 444 of the Companies Act 2006, the statement of comprehensive income has not been delivered.
Directors' responsibilities:
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The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476
;
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The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements
.
These financial statements were approved by the
board of directors
and authorised for issue on
1 March 2023
, and are signed on behalf of the board by:
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Director |
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Company registration number:
01175839
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Notes to the Financial Statements |
Year ended 30 September 2022
1.
General information
The company is a private company limited by shares, registered in England and Wales. The address of the registered office is Hyde House, The Hyde, Edgware Road, London, NW9 6LH.
2.
Statement of compliance
3.
Accounting policies
Basis of preparation
Disclosure exemptions
The entity satisfies the criteria of being a qualifying entity as defined in FRS 102. Its financial statements are consolidated into the financial statements of (enter name of group financial statements) which can be obtained from (enter detail). As such, advantage has been taken of the following disclosure exemptions available under paragraph 1.12 of FRS 102: (a) Disclosures in respect of each class of share capital have not been presented. (b) No cash flow statement has been presented for the company.
Judgements and key sources of estimation uncertainty
The preparation of the financial statements requires management to make judgements, estimates and assumptions that affect the amounts reported. These estimates and judgements are continually reviewed and are based on experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances.
Revenue recognition
Income tax
The company is a non profit making enterprise and any surplus or deficit arising as a result of the difference between service charges levied and costs do not fall within the scope of corporation tax. Taxation is payable on investment income only.
Financial instruments
A financial asset or a financial liability is recognised only when the entity becomes a party to the contractual provisions of the instrument. 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.
4.
Employee numbers
The average number of persons employed by the company during the year amounted to
1
(2021:
1
).
5.
Debtors
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2022 |
2021 |
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£ |
£ |
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Trade debtors |
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Other debtors |
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6.
Creditors:
amounts falling due within one year
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2022 |
2021 |
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£ |
£ |
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Trade creditors |
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Other creditors |
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