Riverside Mill Estate Management Limited - Limited company accounts 20.1

REGISTERED NUMBER: 02905096 (England and Wales)

REPORT OF THE DIRECTORS AND

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST DECEMBER 2019

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

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 2019.

DIRECTORS

The directors shown below have held office during the whole of the period from 1st January 2019 to the date of this report.

Miss S MacDowell

B Bristow

Other changes in directors holding office are as follows:

Ms K Timm ceased to be a director after 31st December 2019 but prior to the date of this report.

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

23rd September 2020

INCOME

49,140

37,690

Service Charge Expenditure

49,276

37,803

OPERATING LOSS

(136

)

(113

)

Interest receivable and similar income

136

113

PROFIT BEFORE TAXATION

-

Tax on profit

4

-

PROFIT FOR THE FINANCIAL YEAR

-

CURRENT ASSETS

Debtors

5

79,271

79,228

CREDITORS

Amounts falling due within one year

6

79,079

79,036

NET CURRENT ASSETS

192

TOTAL ASSETS LESS CURRENT
LIABILITIES

192

CAPITAL AND RESERVES

Called up share capital

7

192

SHAREHOLDERS' FUNDS

192

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31st 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 in accordance with the provisions applicable to companies subject to the small companies regime.

The financial statements were approved by the Board of Directors and authorised for issue on 23rd September 2020 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.	EMPLOYEES AND DIRECTORS

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

31/12/19

31/12/18

£

Directors' remuneration

-

4.

TAXATION

Analysis of the tax charge

No liability to UK corporation tax arose for the year ended 31st December 2019 nor for the year ended

31st December 2018.

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31/12/19

31/12/18

£

Trade debtors

50

-

Other debtors

141

128

Balances held by

Managing Agent

78,773

78,805

Prepayments

307

295

79,271

79,228

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31/12/19

31/12/18

£

Trade creditors

-

24

Service Charge Surplus

-

39,090

Reserve Fund

76,848

37,007

Accrued expenses

2,231

2,915

79,079

79,036

7.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31/12/19

31/12/18

value:

£

64

Ordinary A

£1

64

128

Ordinary B

£1

128

192

8.

RESERVES

Retained

earnings

£

Profit for the year

-

At 31st December 2019

-