Minton Estates Management Limited - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 10348267 (England and Wales)

Unaudited Financial Statements for the Year Ended 30 November 2018

for

Minton Estates Management Limited

Page

Company Information

1

Abridged Balance Sheet

2

Notes to the Financial Statements

3

Chartered Accountants' Report

5

DIRECTORS:

A C Simpkin

D P Simpkin

P H Simpkin

SECRETARY:

D P Simpkin

REGISTERED OFFICE:

Suite 307

Eagle Tower

Montpellier Drive

Cheltenham

GL50 1TA

REGISTERED NUMBER:

10348267 (England and Wales)

ACCOUNTANTS:

Langham Walsh

c/o Langham Walsh

BVIC, Central Boulevard,

Blythe Valley Business Park

Solihull

West Midlands

B90 8AJ

CURRENT ASSETS

Debtors

1,042,514

1,830,438

Cash at bank

259,414

100,791

1,301,928

1,931,229

CREDITORS

Amounts falling due within one year

1,479,880

2,036,120

NET CURRENT LIABILITIES

(177,952

)

(104,891

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(177,952

)

(104,891

)

CAPITAL AND RESERVES

Called up share capital

3

3

Retained earnings

(177,955

)

(104,894

)

(177,952

)

(104,891

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 November 2018.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 November 2018 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.

All the members have consented to the preparation of an abridged Income Statement and an abridged Balance Sheet for the year ended 30 November 2018 in accordance with Section 444(2A) of the Companies Act 2006.

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 9 August 2019 and were signed on its behalf by:

P H Simpkin - Director

1.	STATUTORY INFORMATION

Minton Estates Management 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 is measured at the fair value of the consideration received or receivable, excluding discounts, rebates,

value added tax and other sales taxes.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the

extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or

substantively enacted by the balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance

sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from

those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that

have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the

timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will

be recovered against the reversal of deferred tax liabilities or other future taxable profits.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2017 - 3 ) .

4.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the year ended 30 November 2018 and the period

ended 30 November 2017:

30.11.18

30.11.17

£

£

A C Simpkin

Balance outstanding at start of year

64,148

-

Amounts advanced

580

64,148

Amounts repaid

(72,572

)

-

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

(7,844

)

64,148

P H Simpkin

Balance outstanding at start of year

9,514

-

Amounts advanced

20,659

9,514

Amounts repaid

(9,514

)

-

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

20,659

9,514

D P Simpkin

Balance outstanding at start of year

21,704

-

Amounts advanced

26,073

21,704

Amounts repaid

(30,128

)

-

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

17,649

21,704

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 Abridged 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 Minton Estates Management Limited for the year ended 30 November 2018 which comprise the Abridged

Income Statement, Abridged 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 Minton Estates Management 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 Minton Estates Management Limited and state those matters that we have agreed to state to the Board of Directors of Minton Estates Management 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 Minton Estates Management Limited and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that Minton Estates Management 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 profit of Minton Estates Management Limited. You consider that Minton Estates Management 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 Minton Estates Management 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.

Langham Walsh

c/o Langham Walsh

BVIC, Central Boulevard,

Blythe Valley Business Park

Solihull

West Midlands

B90 8AJ

9 August 2019