THE_RESIDENTS_ASSOCIATION - Accounts

The directors present their annual report and financial statements for the year ended 23 June 2017.

The principal activity of the Company is to hold the freehold reversionary interest of 10 Sussex Square, Brighton.

The Company is limited by shares with share capital of 3,240 Ordinary £1 shares issued, allotted and fully paid.

The day to day management and maintenance of the freehold property is delegated to a managing agent to perform.

In accordance with Tech Guidance 03/11 released by ICAEW in conjunction with ARMA and RICS Service Charge income and expenditure is recorded in separate annual Service Charge Accounts.

The Company does not trade and generates no income from ground rents.

The directors who held office during the year and up to the date of signature of the financial statements were as follows:

This report has been prepared in accordance with the provisions applicable to companies entitled to the small companies' exemption.

The Residents Association of Ten Sussex Square Limited is a private company limited by shares incorporated in England and Wales. The registered office is 7 Gildredge Road, Eastbourne, East Sussex, BN21 4RB.

The directors of the company have elected not to include a copy of the profit and loss account within the financial statements.

For the year ended 23 June 2017 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.

The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.

These financial statements have been prepared in accordance with the micro-entity provisions and in accordance with FRS 105: The Financial Reporting Standard applicable to the Micro-entities Regime and delivered in accordance with the provisions applicable to companies subject to the small companies’ regime.