Macniven & Cameron (Maidstone) Limited - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 05856315 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2018

FOR

MACNIVEN & CAMERON (MAIDSTONE) LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

H F Moss

REGISTERED OFFICE:

Sterling House

27 Hatchlands Road

Redhill

Surrey

RH1 6RW

REGISTERED NUMBER:

05856315 (England and Wales)

ACCOUNTANTS:

GBJ Financial Limited

Sterling House

27 Hatchlands Road

Redhill

Surrey

RH1 6RW

FIXED ASSETS

Investment property

4

409,500

409,500

CURRENT ASSETS

Debtors

5

2,093

5,693

Cash at bank

6,704

6,261

8,797

11,954

CREDITORS

Amounts falling due within one year

6

634,493

658,156

NET CURRENT LIABILITIES

(625,696

)

(646,202

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(216,196

)

(236,702

)

CAPITAL AND RESERVES

Called up share capital

7

1

1

Retained earnings

8

(216,197

)

(236,703

)

SHAREHOLDERS' FUNDS

(216,196

)

(236,702

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2018.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2018 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 director on 10 May 2019 and were signed by:

H F Moss - Director

1.	STATUTORY INFORMATION

Macniven & Cameron (Maidstone) 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 rent receivable and property income net of VAT.

Investment property

Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from

changes in fair value is recognised in profit or loss.

Going concern

The financial statements have been prepared on a going concern basis as the parent company has

confirmed that it will continue to support Macniven & Cameron (Maidstone) Limited in order that it can

meet its liabilities as they fall due and continue to trade in the foreseeable future.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2017 - 1 ) .

4.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 January 2018

and 31 December 2018

409,500

NET BOOK VALUE

At 31 December 2018

409,500

At 31 December 2017

409,500

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2018

2017

£

£

Trade debtors

2,093

5,693

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2018

2017

£

£

Amounts owed to group undertakings

626,556

651,056

Taxation and social security

889

444

Other creditors

7,048

6,656

634,493

658,156

7.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2018

2017

value:

£

£

1

Ordinary

£1

1

1

8.

RESERVES

Retained

earnings

£

At 1 January 2018

(236,703

)

Profit for the year

20,506

At 31 December 2018

(216,197

)

9.	RELATED PARTY DISCLOSURES

The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102

'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related

party transactions with wholly owned subsidiaries within the group.

10.

CONTROL

The company's immediate parent undertaking is Twineham Property Holdings Limited, a company

incorporated in England and Wales.