Deans Farm Management Company Ltd - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 03004595 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2019

FOR

DEANS FARM

MANAGEMENT COMPANY LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

L G Humphreys-Evans

P W Hunter

A Neal

D H Jeffries

S Wearing

R Hanson-James

S J Turner

SECRETARY:

L G Humphreys-Evans

REGISTERED OFFICE:

32 Deans Farm

The Causeway

Caversham

Reading

Berkshire

RG4 5JZ

REGISTERED NUMBER:

03004595 (England and Wales)

CURRENT ASSETS

Debtors

4

290

367

Cash at bank

37,633

29,954

37,923

30,321

CREDITORS

Amounts falling due within one year

5

5,436

1,899

NET CURRENT ASSETS

32,487

28,422

TOTAL ASSETS LESS CURRENT LIABILITIES

32,487

28,422

CAPITAL AND RESERVES

Called up share capital

1,751

1,751

Property and maintenance fund

30,736

26,671

SHAREHOLDERS' FUNDS

32,487

28,422

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2019.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 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 Income and expenditure account has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 1 June 2020 and were signed on its behalf by:

D H Jeffries - Director

1.	STATUTORY INFORMATION

Deans Farm Management Company 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 the account rent charges receivable in the year for thirty-five properties, in the sum

of £414 per property.

Tax status

The company is afforded a non profit making status for corporation tax purposes and as such no

taxation provision is applicable on accounting surpluses. The company is liable to corporation tax on

its interest received.

Property and maintenance fund

The excess of contributions from residents for the maintenance of the property over the actual

expenditure in any year is carried forward as a reserve for future major repair work.

3.	EMPLOYEES AND DIRECTORS

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

4.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.19

31.12.18

£

£

Trade debtors

290

367

5.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.19

31.12.18

£

£

Other creditors

5,436

1,899

6.	CONTINGENT LIABILITIES

The company has an ongoing liability, relating to the upkeep of the communal areas of the estate

known as Deans Farm, which cannot be quantified.