Oakdene Residents Association Limited - Accounts to registrar - small 17.2

REGISTERED NUMBER: 02587862 (England and Wales)

Financial Statements for the Year Ended 30 June 2017

for

Oakdene (St Mary's Road)

Residents Association Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

G Taylor

M Bennett

SECRETARY:

G Taylor

REGISTERED OFFICE:

27 St Mary's Road

Ditton Hill

Surrey

KT6 5EU

REGISTERED NUMBER:

02587862 (England and Wales)

FIXED ASSETS

Tangible assets

3

3,000

3,000

CURRENT ASSETS

Debtors

4

120

120

Prepayments and accrued income

425

408

Cash at bank

19,129

15,402

19,674

15,930

CREDITORS

Amounts falling due within one year

5

(605

)

(626

)

NET CURRENT ASSETS

19,069

15,304

TOTAL ASSETS LESS CURRENT LIABILITIES

22,069

18,304

CAPITAL AND RESERVES

Called up share capital

3,000

3,000

Retained earnings

19,069

15,304

SHAREHOLDERS' FUNDS

22,069

18,304

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2017.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 2017 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 of Part 15 of the Companies Act 2006 relating to small companies.

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 on 15 December 2017 and were signed on its behalf by:

G Taylor - Director

M Bennett - Director

1.	STATUTORY INFORMATION

Oakdene (St Mary's Road) 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 the provisions of Section 1A "Small Entities" of Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover

Turnover represents amounts receivable from tenants during the year.

Taxation status

The company is a mutual trading company as its turnover is all derived from members' contributions

towards the maintenance of the property. Any surplus arising from this is therefore exempt from

corporation tax. The company's non mutual income such as bank interest is however subject to

taxation.

3.	TANGIBLE FIXED ASSETS

Land and

buildings

£

COST

At 1 July 2016

and 30 June 2017

3,000

NET BOOK VALUE

At 30 June 2017

3,000

At 30 June 2016

3,000

4.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2017

2016

£

£

Trade debtors

120

120

5.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2017

2016

£

£

Other creditors

605

626