Riverside Mill Estate Management Limited - Limited company accounts 16.1

REGISTERED NUMBER: 02905096 (England and Wales)

REPORT OF THE DIRECTORS AND

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST DECEMBER 2015

FOR

RIVERSIDE MILL ESTATE MANAGEMENT LIMITED

Page

Company Information

1

Report of the Directors

2

Profit and Loss Account

3

Balance Sheet

4

Notes to the Financial Statements

5

DIRECTORS:

Miss S MacDowell

K Lovely

R Keymer

SECRETARY:

United Company Secretaries Limited

REGISTERED OFFICE:

Unit 9, Astra Centre

Edinburgh Way

Harlow

Essex

CM20 2BN

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 2015.

DIRECTORS

The directors shown below have held office during the whole of the period from 1st January 2015 to the date of this

report.

Miss S MacDowell

K Lovely

Other changes in directors holding office are as follows:

R Keymer was appointed as a director after 31st December 2015 but prior to the date of this report.

Ms A M Jaworowska ceased to be a director after 31st December 2015 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:

K Lovely - Director

15th July 2016

INCOME

38,275

37,740

Service Charge Expenditure

24,193

27,883

OPERATING PROFIT

2

14,082

9,857

Interest receivable and similar income

11

12

PROFIT ON ORDINARY ACTIVITIES
BEFORE TAXATION

14,093

9,869

Tax on profit on ordinary activities

3

2

PROFIT FOR THE FINANCIAL YEAR

14,091

9,867

CURRENT ASSETS

Debtors

4

63,537

47,211

CREDITORS

Amounts falling due within one year

5

63,473

47,147

NET CURRENT ASSETS

64

TOTAL ASSETS LESS CURRENT
LIABILITIES

64

CAPITAL AND RESERVES

Called up share capital

6

64

SHAREHOLDERS' FUNDS

64

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st December 2015.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st December 2015 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 of Part 15 of the Companies Act 2006 relating to small companies and with the Financial Reporting Standard for Smaller Entities (effective January 2015).

The financial statements were approved by the Board of Directors on 15th July 2016 and were signed on its behalf by:

K Lovely - Director

1.	ACCOUNTING POLICIES

Accounting convention

The financial statements have been prepared under the historical cost convention and in accordance with the

Financial Reporting Standard for Smaller Entities (effective January 2015).

Income

During the year the company received from lessees, as agent, monies relating to service charges and associated

income, which are held on trust and do not constitute turnover.

2.	OPERATING PROFIT

The operating profit is stated after charging:

31/12/15

31/12/14

£

Directors' remuneration and other benefits etc

-

3.

TAXATION

Analysis of the tax charge

The tax charge on the profit on ordinary activities for the year was as follows:

31/12/15

31/12/14

£

Current tax:

UK corporation tax

2

Tax on profit on ordinary activities

2

4.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31/12/15

31/12/14

£

Trade debtors

1

9,596

Other debtors

63,536

37,615

63,537

47,211

5.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31/12/15

31/12/14

£

Trade creditors

282

5,968

Other creditors

63,191

41,179

63,473

47,147

6.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31/12/15

31/12/14

value:

£

64

Ordinary

£1

64

7.

RESERVES

Profit

and loss

account

£

Profit for the year

14,091

Transfer (to)/from Service Charge
Account

(14,091

)

At 31st December 2015

-

8.	CONTINGENT LIABILITIES

The company had no contingent liabilities at 31st December 2015 (2014 - Nil).