Company Registration No. 07099053 (England and Wales)
Daisy's Property Management Limited
Unaudited accounts
for the year ended 31 December 2019
Daisy's Property Management Limited
Unaudited accounts
Contents
Daisy's Property Management Limited
Company Information
for the year ended 31 December 2019
Company Number
07099053 (England and Wales)
Registered Office
84 Quicks Road
London
SW19 1EX
Daisy's Property Management Limited
Statement of financial position
as at 31 December 2019
Inventories
5,172,044
4,560,051
Cash at bank and in hand
47,074
5,761
Creditors: amounts falling due within one year
(1,236,071)
(2,029,548)
Net current assets
3,983,746
2,542,414
Total assets less current liabilities
3,983,746
2,542,414
Creditors: amounts falling due after more than one year
(4,077,581)
(2,711,164)
Net liabilities
(93,835)
(168,750)
Called up share capital
100
100
Profit and loss account
(93,935)
(168,850)
Shareholders' funds
(93,835)
(168,750)
For the year ending 31 December 2019 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 26 December 2020 and were signed on its behalf by
Zahoor Ahmed
Director
Company Registration No. 07099053
Daisy's Property Management Limited
Notes to the Accounts
for the year ended 31 December 2019
Daisy's Property Management Limited is a private company, limited by shares, registered in England and Wales, registration number 07099053. The registered office is 84 Quicks Road, London, SW19 1EX.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover represents the value, net of VAT and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
Tangible fixed assets policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Fixtures & fittings
20% per anum
Computer equipment
25% per anum
4
Tangible fixed assets
Plant & machinery
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At 1 January 2019
3,516
740
4,256
At 31 December 2019
3,516
740
4,256
At 1 January 2019
3,516
740
4,256
At 31 December 2019
3,516
740
4,256
Finished goods
5,172,044
4,560,051
Daisy's Property Management Limited
Notes to the Accounts
for the year ended 31 December 2019
7
Creditors: amounts falling due within one year
2019
2018
Bank loans and overdrafts
1,223,398
1,937,558
Trade creditors
(17,668)
14,916
Taxes and social security
-
7,077
Other creditors
30,685
32,247
8
Creditors: amounts falling due after more than one year
2019
2018
Bank loans
3,154,967
1,832,708
Other creditors
922,614
878,456
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100
100
10
Average number of employees
During the year the average number of employees was 0 (2018: 0).
