Riverside Mill Estate Management Limited - Limited company accounts 18.2

REGISTERED NUMBER: 02905096 (England and Wales)

REPORT OF THE DIRECTORS AND

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST DECEMBER 2018

FOR

RIVERSIDE MILL ESTATE MANAGEMENT LIMITED

Page

Company Information

1

Report of the Directors

2

Income Statement

3

Balance Sheet

4

Notes to the Financial Statements

5

DIRECTORS:

Miss S MacDowell

B Bristow

Ms K Timm

SECRETARY:

Grace Miller & Co Ltd

REGISTERED OFFICE:

84 Coombe Road

New Malden

KT3 4QS

REGISTERED NUMBER:

02905096 (England and Wales)

ACCOUNTANTS:

Stephenson Nuttall & Co

Chartered Accountants

Ossington Chambers

6-8 Castle Gate

Newark

Nottinghamshire

NG24 1AX

The directors present their report with the financial statements of the company for the year ended 31st December 2018.

PRINCIPAL ACTIVITY

The principal activity of the company in the year under review was that of the management of the roads and amenity areas at

Knaresborough Drive and Riverdale Drive, London SW18

DIRECTORS

The directors shown below have held office during the whole of the period from 1st January 2018 to the date of this report.

Miss S MacDowell

B Bristow

Other changes in directors holding office are as follows:

K Lovely - resigned 17th February 2018

R Keymer - resigned 29th April 2018

Ms K Timm - appointed 1st May 2018

This report has been prepared in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

ON BEHALF OF THE BOARD:

Miss S MacDowell - Director

30th June 2019

INCOME

37,690

37,356

Service Charge Expenditure

37,803

30,363

OPERATING (LOSS)/PROFIT

(113

)

6,993

Interest receivable and similar income

113

19

PROFIT BEFORE TAXATION

-

7,012

Tax on profit

3

-

4

PROFIT FOR THE FINANCIAL YEAR

-

7,008

CURRENT ASSETS

Debtors

4

79,228

91,265

CREDITORS

Amounts falling due within one year

5

79,036

91,201

NET CURRENT ASSETS

192

64

TOTAL ASSETS LESS CURRENT
LIABILITIES

192

64

CAPITAL AND RESERVES

Called up share capital

6

192

64

SHAREHOLDERS' FUNDS

192

64

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31st December 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 in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

The financial statements were approved by the Board of Directors on 14th July 2019 and were signed on its behalf by:

Miss S MacDowell - Director

1.	STATUTORY INFORMATION

Riverside Mill Estate 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.

Income

During the year the company received from lessees, as agent, monies relating to service charges and associated income,

which are held on trust.

3.

TAXATION

Analysis of the tax charge

The tax charge on the profit for the year was as follows:

31/12/18

31/12/17

£

Current tax:

UK corporation tax

-

4

Tax on profit

-

4

4.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31/12/18

31/12/17

£

Trade debtors

-

5,723

Other debtors

128

480

Balances held by

Managing Agent

78,805

84,650

Prepayments

295

412

79,228

91,265

5.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31/12/18

31/12/17

£

Trade creditors

24

1,548

Service Charge Surplus

39,090

Reserve Fund

37,007

49,021

Accrued expenses

2,915

1,542

79,036

91,201

6.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31/12/18

31/12/17

value:

£

64

Ordinary A

£1

64

128

Ordinary B

£1

128

-

192

64

7.

RESERVES

Retained

earnings

£

Profit for the year

-

At 31st December 2018

-