Ventnor Flats Association Limited - Accounts to registrar (filleted) - small 22.3

REGISTERED NUMBER: 01729841 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE PERIOD 26 APRIL 2021 TO 30 APRIL 2022

FOR

VENTNOR FLATS ASSOCIATION LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

J M Parsons

Mrs B J Robinson

SECRETARY:

J M Parsons

REGISTERED OFFICE:

40 Bank Street

Sheffield

S1 2DS

REGISTERED NUMBER:

01729841 (England and Wales)

ACCOUNTANTS:

Hollis and Co Limited

Chartered Accountants

35 Wilkinson Street

Sheffield

South Yorkshire

S10 2GB

CURRENT ASSETS

Debtors

4

53,501

53,501

Cash at bank

983

983

54,484

54,484

CREDITORS

Amounts falling due within one year

5

272

4,702

NET CURRENT ASSETS

54,212

49,782

TOTAL ASSETS LESS CURRENT LIABILITIES

54,212

49,782

CREDITORS

Amounts falling due after more than one year

6

5,499

5,499

NET ASSETS

48,713

44,283

CAPITAL AND RESERVES

Called up share capital

37

37

Retained earnings

48,676

44,246

SHAREHOLDERS' FUNDS

48,713

44,283

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

The members have not required the company to obtain an audit of its financial statements for the period ended 30 April 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 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 Board of Directors and authorised for issue on 21 April 2023 and were signed on its behalf by:

J M Parsons - Director

1.	STATUTORY INFORMATION

Ventnor Flats 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 is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

3.	EMPLOYEES AND DIRECTORS

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

4.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2022

2021

£

£

Trade debtors

53,140

53,140

Other debtors

361

361

53,501

53,501

5.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2022

2021

£

£

Bank loans and overdrafts

272

272

Trade creditors

-

3,283

Other creditors

-

1,147

272

4,702

6.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2022

2021

£

£

Bank loans

5,499

5,499

Amounts falling due in more than five years:

Repayable by instalments

Bank loans more 5 yr by instal

912

912