Woodbarn Residents Association Ltd - Accounts to registrar (filleted) - small 23.2.5

REGISTERED NUMBER: 01808937 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31ST DECEMBER 2023

FOR

THE WOODBARN RESIDENTS ASSOCIATION

LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

Chartered Accountants' Report

6

DIRECTORS:

M J O'Leary

Mrs J E F O'Leary

REGISTERED OFFICE:

Foxwood

15A Longdown Road

Farnham

Surrey

GU10 3JU

REGISTERED NUMBER:

01808937 (England and Wales)

ACCOUNTANTS:

Sowerbutts and Co Ltd

Fiscal House

367 London Road

Camberley

Surrey

GU15 3HQ

FIXED ASSETS

Tangible assets

4

1

2

CURRENT ASSETS

Debtors

5

931

931

Cash at bank

4,899

6,346

5,830

7,277

CREDITORS

Amounts falling due within one year

6

429

411

NET CURRENT ASSETS

5,401

6,866

TOTAL ASSETS LESS CURRENT LIABILITIES

5,402

6,868

RESERVES

Income and expenditure account

5,402

6,868

5,402

6,868

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st December 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st December 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 surplus or deficit 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 7th May 2024 and were signed on its behalf by:

M J O'Leary - Director

Mrs J E F O'Leary - Director

1.	STATUTORY INFORMATION

THE WOODBARN RESIDENTS ASSOCIATION LIMITED is a private company, limited by guarantee , 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

This represents amounts contributed by the members of the Company to cover the costs incurred in

running and maintaining the property "The Woodbarn", Alfred Road, Farnham, Surrey.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery

-

25% on reducing balance

3.	EMPLOYEES AND DIRECTORS

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

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

£

COST

At 1st January 2023

and 31st December 2023

1,662

DEPRECIATION

At 1st January 2023

1,660

Charge for year

1

At 31st December 2023

1,661

NET BOOK VALUE

At 31st December 2023

1

At 31st December 2022

2

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31/12/23

31/12/22

£

£

Other debtors

931

931

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31/12/23

31/12/22

£

£

Trade creditors

(1

)

(1

)

Other creditors

430

412

429

411

7.

CAPITAL

The Company is limited by guarantee, not having a share capital.

The liability of the members is limited. Every Member of the Company undertakes to contribute to the assets of the Company in the event of its being wound up while he is a Member or within one year afterwards for payment of the debts and liabilities of the Company contracted before he ceases to be a Member and the costs, charges and expenses of winding up and for the adjustment of the rights of contributors among themselves such amount as may be required not exceeding £1.

The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of THE WOODBARN RESIDENTS ASSOCIATION LIMITED for the year ended 31st December 2023 which comprise the Income Statement, Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the Board of Directors of THE WOODBARN RESIDENTS ASSOCIATION LIMITED, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of THE WOODBARN RESIDENTS ASSOCIATION LIMITED and state those matters that we have agreed to state to the Board of Directors of THE WOODBARN RESIDENTS ASSOCIATION LIMITED, as a body, in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than THE WOODBARN RESIDENTS ASSOCIATION LIMITED and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that THE WOODBARN RESIDENTS ASSOCIATION LIMITED has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and loss of THE WOODBARN RESIDENTS ASSOCIATION LIMITED. You consider that THE WOODBARN RESIDENTS ASSOCIATION 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 financial statements of THE WOODBARN RESIDENTS ASSOCIATION 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 financial statements.

Sowerbutts and Co Ltd

Fiscal House

367 London Road

Camberley

Surrey

GU15 3HQ

Date: .............................................