Accounts filed on 31-12-2023

Accounts filed on 31-12-2023

HOMECASTLE RESIDENTS COMPANY LIMITED - Company Information

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02566781falseholding the freehold of 17 and 19 Roxborough Park, Harrow, Middlesex and maintaining and managing the property on behalf of the lessees2023-01-012023-12-31http://www.companieshouse.gov.uk/2022-12-31http://www.companieshouse.gov.uk/cd:CompanySecretary12023-01-012023-12-31http://www.companieshouse.gov.uk/pt:ShareCapital2022-12-31http://www.companieshouse.gov.uk/cd:Director12023-01-012023-12-31http://www.companieshouse.gov.uk/pt:ShareCapital2023-12-31http://www.companieshouse.gov.uk/cd:Director22023-01-012023-12-31http://www.companieshouse.gov.uk/cd:OrdinaryShareClass12023-01-012023-12-31http://www.companieshouse.gov.uk/cd:RegisteredOffice2023-01-012023-12-31http://www.companieshouse.gov.uk/cd:AuditExemptWithAccountantsReport2023-01-012023-12-31http://www.companieshouse.gov.uk/pt:CurrentFinancialInstruments2023-12-31http://www.companieshouse.gov.uk/pt:CurrentFinancialInstruments2022-12-31http://www.companieshouse.gov.uk/2022-01-012022-12-31http://www.companieshouse.gov.uk/2023-01-012023-12-31http://www.companieshouse.gov.uk/2022-12-31http://www.companieshouse.gov.uk/cd:FRS1022023-01-012023-12-31http://www.companieshouse.gov.uk/2023-12-31http://www.companieshouse.gov.uk/cd:FullAccounts2023-01-012023-12-31http://www.companieshouse.gov.uk/pt:LandBuildings2022-12-31http://www.companieshouse.gov.uk/cd:PrivateLimitedCompanyLtd2023-01-012023-12-31http://www.companieshouse.gov.uk/pt:LandBuildings2023-12-31iso4217:GBPxbrli:sharesxbrli:pure
Registered number: 02566781
HOMECASTLE RESIDENTS COMPANY LIMITED
REPORT AND ACCOUNTS
FOR THE YEAR ENDED 31 DECEMBER 2023
Prepared By:
Reed-Ransted
Chartered Accountants
2 Burhill Grove
Pinner
Middlesex
HA5 3DW
HOMECASTLE RESIDENTS COMPANY LIMITED
ACCOUNTS
FOR THE YEAR ENDED 31 DECEMBER 2023
DIRECTORS
I King
Ms N Bains
SECRETARY
Stephen J Woodward Limited
REGISTERED OFFICE
The Old Fire Station
90 High Street
Harrow on the Hill
Middlesex
HA1 3LP
COMPANY DETAILS
Private company limited by shares registered in EW - England and Wales, registered number 02566781
ACCOUNTANTS
Reed-Ransted
Chartered Accountants
2 Burhill Grove
Pinner
Middlesex
HA5 3DW
HOMECASTLE RESIDENTS COMPANY LIMITED
ACCOUNTS
FOR THEYEARENDED31 DECEMBER 2023
CONTENTS
Page
Directors' Report3
Accountants' Report4
Statement Of Comprehensive Income5
Balance Sheet6
Notes To The Accounts7
The following do not form part of the statutory financial statements:
Trading And Profit And Loss Account-
Profit And Loss Account Summaries-
HOMECASTLE RESIDENTS COMPANY LIMITED
DIRECTORS' REPORT
FOR THEYEARENDED31 December 2023
The directors present their report and accounts for theyearended31 December 2023
DIRECTORS
The directors who served during theyearwere as follows:
I King
Ms N Bains
STATEMENT OF DIRECTORS RESPONSIBILITIES
The directors are responsible for preparing the Directors' Report and the financial statements in accordance with applicable law and regulation.
Company law requires the directors to prepare financial statements for each financial year. Under that law the directors have elected to prepare the financial statements in accordance with United Kingdom Generally Accepted Accounting Practice (United Kingdom Accounting Standards and applicable law). Under company law the directors must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the company and of the profit or loss of the company for that period. In preparing these financial statements the directors are required to:
- Select suitable accounting policies and then apply them consistently;
- Make judgements and accounting estimates that are reasonable and prudent;
- Prepare the financial statements on the going concern basis unless it is inappropriate to presume that the company will continue in business.
The directors are responsible for keeping adequate accounting records that disclose with reasonable accuracy at any time the financial position of the company and enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
The report of the directors has been prepared in accordance with the special provisions within Part 15 of the Companies Act 2006.
This report was approved by the board on7 February 2024
Stephen J Woodward Limited
Secretary
HOMECASTLE RESIDENTS COMPANY LIMITED
ACCOUNTANTS' REPORT TO THE BOARD OF DIRECTORS ON THE UNAUDITED ACCOUNTS
OF HOMECASTLE RESIDENTS COMPANY LIMITED, FOR THE YEAR ENDED 31 DECEMBER 2023
In order to assist you to fulfill your duties under the Companies Act 2006, we have prepared for your approval the accounts of Homecastle Residents Company Limited for the year ended 31 December 2023 as set out on pages 5 to (1) from the company's accounting records and from information and explanations you have given us.
As a practising member of the Institute of Chartered Accountants in England & Wales, we are subject to its ethical and other professional requirements which are detailed on their website.
This report is made solely to the Board of Directors of Homecastle Residents Company Limited, as a body, in accordance with the terms of our engagement letter. Our work has been undertaken solely to prepare for your approval the accounts of Homecastle Residents Company Limited and state those matters that we have agreed to state to the Board of Directors of Homecastle Residents Company Limited, as a body, in this report, in accordance with the requirements of the Institute of Chartered Accountants in England & Wales as detailed on their website. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Homecastle Residents Company Limited and its Board of Directors as a body for our work or for this report.
It is your duty to ensure that Homecastle Residents Company Limited has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profitability of Homecastle Residents Company Limited. You consider that Homecastle Residents Company Limited is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the accounts of Homecastle Residents Company Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.
Reed-Ransted
Chartered Accountants
2 Burhill Grove
Pinner
Middlesex
HA5 3DW
7 February 2024
HOMECASTLE RESIDENTS COMPANY LIMITED
STATEMENT OF COMPREHENSIVE INCOME
FOR THEYEARENDED31 December 2023
Notes20232022
££
TURNOVER18,65022,339
GROSS PROFIT18,65022,339
Administrative expenses(19,562)(18,020)
OPERATING (LOSS) / PROFIT(912)4,319
Interest receivable and similar income20320
(LOSS) / PROFIT ON ORDINARY ACTIVITIES BEFORE TAXATION(709)4,339
(LOSS) / PROFIT ON ORDINARY ACTIVITIES AFTER TAXATION(709)4,339
HOMECASTLE RESIDENTS COMPANY LIMITED
BALANCE SHEET AT31 December 2023
Registered number: 02566781
20232022
Notes££
FIXED ASSETS
Tangible assets310,22710,227
CURRENT ASSETS
Debtors1,14010,680
Cash at bank and in hand18,11524,619
19,25535,299
CREDITORS: Amounts falling due within one year41,86217,197
NET CURRENT ASSETS17,39318,102
TOTAL ASSETS LESS CURRENT LIABILITIES27,62028,329
CAPITAL AND RESERVES
Called up share capital51212
Profit and loss account627,60828,317
SHAREHOLDERS' FUNDS27,62028,329
For the year ending 31 December 2023 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.
Approved by the board on7 February 2024and signed on their behalf by
.............................
I King
Director
HOMECASTLE RESIDENTS COMPANY LIMITED
NOTES TO THE ACCOUNTS
FOR THE YEAR ENDED 31 DECEMBER 2023
1. ACCOUNTING POLICIES
1a. Basis Of Accounting FRS
The accounts have been prepared under the historical cost convention.
The accounts have been prepared in accordance with FRS102 - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.
1b. Investment Properties
The investment property is the freehold of the block. Investment properties are included in the financial statements at cost as it is considered that it would be of no value to the members to show open market value. No depreciation is provided on such property.
1c. Turnover
Turnover represents service charges levied to property owners.
2. EMPLOYEES
20232022
No.No.
Average number of employees/officers22
3. TANGIBLE FIXED ASSETS
Investment
PropertyTotal
££
Cost
At 1 January 202310,22710,227
At 31 December 202310,22710,227
Depreciation
At 31 December 2023--
Net Book Amounts
At 31 December 202310,22710,227
At 31 December 202210,22710,227
HOMECASTLE RESIDENTS COMPANY LIMITED
4. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
20232022
££
Trade creditors-2,009
Other creditors1,02514,000
Accruals8371,188
1,86217,197
5. SHARE CAPITAL 20232022
££
Allotted, issued and fully paid:
12 Ordinary shares of £1 each1212
1212
6. PROFIT AND LOSS RESERVE 20232022
££
Opening balance28,31723,978
(Loss) / Profit for the year(709)4,339
27,60828,317
7. RECONCILIATION OF MOVEMENTS IN SHAREHOLDERS' FUNDS 20232022
££
Opening shareholders' funds28,32923,990
(Loss) / Profit for the year(709)4,339
Closing shareholders' funds27,62028,329
8. CONTROLLING PARTY
There is no one controlling party, the company being controlled by its 12 equal shareholders.