The Knoll Management Limited - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 02216789 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30TH JUNE 2019

FOR

THE KNOLL MANAGEMENT LIMITED

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

3

DIRECTORS:

D N James

A W Rodgers

SECRETARY:

D N James

REGISTERED OFFICE:

9 High Street

Woburn Sands

MILTON KEYNES

Buckinghamshire

MK17 8RF

REGISTERED NUMBER:

02216789 (England and Wales)

ACCOUNTANTS:

Camfield Chapman Lowe

9 High Street

Woburn Sands

Milton Keynes

MK17 8RF

CURRENT ASSETS

Debtors

4

52,312

30,518

Cash at bank

39,891

138,279

92,203

168,797

CREDITORS

Amounts falling due within one year

5

19,314

113,154

NET CURRENT ASSETS

72,889

55,643

TOTAL ASSETS LESS CURRENT LIABILITIES

72,889

55,643

CAPITAL AND RESERVES

Called up share capital

190

190

Retained earnings

6

72,699

55,453

SHAREHOLDERS' FUNDS

72,889

55,643

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30th June 2019.

The members have not required the company to obtain an audit of its financial statements for the year ended 30th June 2019 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 applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors on 17th March 2020 and were signed on its behalf by:

A W Rodgers - Director

D N James - Director

1.	STATUTORY INFORMATION

The Knoll 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.

Maintenance fund

The reserves (see note 5) consist of a maintenance fund that is budgeted by the company, to equalise annually the

cost to the property owners of anticipated cyclical maintenance of the property, particularly where this

expenditure occurs less frequently than annually. The budget is calculated to cover routine costs as well as large

non-regular repair and maintenance work, where these costs can be reasonably forseen and quantified The

present level of the fund is sufficient to meet budgeted expenditure in the forthcoming year without being

significantly reduced by the year end.

Service charges

Service charge monies received are held in trust at Cater Allen Private Bank under the title The Knoll

Management Limited.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2018 - 2 ) .

4.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2019

2018

£

£

Other debtors

52,312

30,518

5.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2019

2018

£

£

Other creditors

19,314

113,154

6.

RESERVES

2019

2018

£

£

Maintenance fund at 1st July 2018

55,453

57,981

Transfer to/(from) Income & Expenditure Account

17,246

(2,528

)

Maintenance fund at 30th June 2019

72,699

55,453

7.	OTHER FINANCIAL COMMITMENTS

There are no capital and other financial commitments and no contingent liabilities at 30th June 2019.

8.	RELATED PARTY DISCLOSURES