ACCOUNTS - Final Accounts

ACCOUNTS - Final Accounts

DIRFT CENTRAL MANAGEMENT LIMITED - Company Information

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Caseware UK (AP4) 2022.0.179 2022.0.179 2022-12-312022-12-31falseNo description of principal activityThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.2022-01-0122truetrue 03012120 2022-01-01 2022-12-31 03012120 2021-01-01 2021-12-31 03012120 2022-12-31 03012120 2021-12-31 03012120 c:Director3 2022-01-01 2022-12-31 03012120 d:CurrentFinancialInstruments 2022-12-31 03012120 d:CurrentFinancialInstruments 2021-12-31 03012120 d:CurrentFinancialInstruments d:WithinOneYear 2022-12-31 03012120 d:CurrentFinancialInstruments d:WithinOneYear 2021-12-31 03012120 c:FRS102 2022-01-01 2022-12-31 03012120 c:AuditExempt-NoAccountantsReport 2022-01-01 2022-12-31 03012120 c:FullAccounts 2022-01-01 2022-12-31 03012120 c:PrivateLimitedCompanyLtd 2022-01-01 2022-12-31 iso4217:GBP xbrli:pure

Registered number: 03012120










DIRFT CENTRAL MANAGEMENT LIMITED








UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 31 DECEMBER 2022
 
DIRFT CENTRAL MANAGEMENT LIMITED
REGISTERED NUMBER: 03012120

BALANCE SHEET
AS AT 31 DECEMBER 2022

2022
2021
Note
£
£

  

Current assets
  

Debtors: amounts falling due within one year
 4 
26,623
34,009

Cash at bank and in hand
  
13,378
8,214

  
40,001
42,223

Creditors: amounts falling due within one year
 5 
(40,001)
(42,223)

Net current assets
  
 
 
-
 
 
-

Total assets less current liabilities
  
-
-

  

Net assets
  
-
-


Capital and reserves
  

  
-
-


The Directors consider that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The Directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared 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 financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The Company has opted not to file the statement of comprehensive income in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf by: 




N D M Smith
Director

Date: 26 September 2023

The notes on pages 2 to 3 form part of these financial statements.

Page 1
 
DIRFT CENTRAL MANAGEMENT LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2022

1.


General information

DIRFT Central Management Limited is a limited liability company incorporated and domiciled in England, The registered office is Prologis House, Bylthe Gate, Blythe Valley Park, Solihull, B90 8AH. 
The financial statements are prepared in Sterling (£) which is the functional currency of the company. The financial statements are for the year ended 31 December 2022 (2021: year ended 31 December 2021).

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Section 1A of Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.

The preparation of financial statements in compliance with FRS 102 requires the use of certain critical accounting estimates. It also requires management to exercise judgment in applying the Company's accounting policies.

The following principal accounting policies have been applied:

 
2.2

Service charge income

Service charge income represents costs incurred in respect of the year which are recoverable from the owners or occupiers of the site, exclusive of Value Added Tax. Amounts are charged quarterly on account and any surplus or deficit is credited or charged to the same parties, resulting in no profit or loss for the company.

 
2.3

Debtors

Short term debtors are measured at transaction price.

 
2.4

Creditors

Short term creditors are measured at the transaction price.


3.


Employees

The average monthly number of employees, including directors, during the year was 2 (2021: 2).

Page 2
 
DIRFT CENTRAL MANAGEMENT LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2022

4.


Debtors

2022
2021
£
£


Trade debtors
16,332
23,967

Other debtors
6,571
4,184

Prepayments and accrued income
3,720
5,858

26,623
34,009



5.


Creditors: Amounts falling due within one year

2022
2021
£
£

Payments received on account
22,317
22,252

Trade creditors
554
3,600

Other creditors
12,875
8,719

Accruals and deferred income
4,255
7,652

40,001
42,223



6.


Controlling party

By virtue of the voting rights attaching to the A Ordinary share under the Articles of Association, the company is temporarily controlled by Daventry International Rail Freight Terminal Limited.
In accordance with the Articles of Association and the objects of the company, no shareholder can receive any dividend. The holding of the A Ordinary share is considered to be in a fiduciary capacity on behalf of the parties with an interest in the site throughout the period when the commercial units are held for sale, and therefore the company is not considered to be a subsidiary company held with a view to profit.
The immediate parent undertaking of Daventry International Rail Freight Terminal Limited is ProLogis (STP) Limited, incorporated in England and Wales.  The accounts of ProLogis (STP) Limited can be obtained from Prologis House, Blythe Gate, Blythe Valley Park, Solihull, England, B90 8AH
The ultimate controlling party is ProLogis, a Real Estate Investment Trust incorporated in Maryland, USA.

Page 3