Westmead Residents Association Limited - Accounts to registrar (filleted) - small 23.1.5

REGISTERED NUMBER: 02653679 (England and Wales)

Unaudited Financial Statements

for the Year Ended

24 June 2023

for

Westmead Residents Association Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

Mr C A Stevens

Ms K Chamberlain

REGISTERED OFFICE:

155 Whyteladyes Lane

Cookham

Maidenhead

Berkshire

SL6 9LF

REGISTERED NUMBER:

02653679 (England and Wales)

ACCOUNTANTS:

Jacksons Accountants (Ascot) Limited

The Old Bakehouse

Course Road

Ascot

Berkshire

SL5 7HL

CURRENT ASSETS

Debtors

4

1,133

802

Cash at bank and in hand

35,256

29,834

36,389

30,636

CREDITORS

Amounts falling due within one year

5

515

300

NET CURRENT ASSETS

35,874

30,336

TOTAL ASSETS LESS CURRENT LIABILITIES

35,874

30,336

CAPITAL AND RESERVES

Called up share capital

451

451

Other reserves

6,547

6,547

Retained earnings

28,876

23,338

SHAREHOLDERS' FUNDS

35,874

30,336

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 24 June 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 24 June 2023 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 24 July 2023 and were signed on its behalf by:

Mr C A Stevens - Director

1.	STATUTORY INFORMATION

Westmead 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.

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 levied on residents based on budgeted expenditure for the year. This company is not registered for VAT.

Taxation

The company is a non-profit making enterprise and surpluses or deficits arising as a result of differences between service charges levied (based on estimated costs) and actual costs incurred do not fall within the scope of corporation tax. Tax is payable on investment income only.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2022 - NIL).

4.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

24.6.23

24.6.22

£

£

Service charges due

250

-

Prepayments

883

802

1,133

802

5.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

24.6.23

24.6.22

£

£

Accrued expenses

515

300