The Knoll Management Limited - Abbreviated accounts 16.3

REGISTERED NUMBER: 02216789 (England and Wales)

ABBREVIATED UNAUDITED ACCOUNTS

FOR THE YEAR ENDED 30TH JUNE 2016

FOR

THE KNOLL MANAGEMENT LIMITED

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTORS:

D N James

A W Rodgers

SECRETARY:

D N James

REGISTERED OFFICE:

9 High Street

Woburn Sands

MILTON KEYNES

Buckinghamshire

MK17 8RF

REGISTERED NUMBER:

02216789 (England and Wales)

ACCOUNTANTS:

Camfield Chapman Lowe

9 High Street

Woburn Sands

Milton Keynes

MK17 8RF

CURRENT ASSETS

Debtors

16,610

10,770

Cash at bank

48,554

37,794

65,164

48,564

CREDITORS

Amounts falling due within one year

7,797

4,531

NET CURRENT ASSETS

57,367

44,033

TOTAL ASSETS LESS CURRENT
LIABILITIES

57,367

44,033

CAPITAL AND RESERVES

Called up share capital

2

190

Profit and loss account

57,177

43,843

SHAREHOLDERS' FUNDS

57,367

44,033

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30th June 2016.

The members have not required the company to obtain an audit of its financial statements for the year ended 30th June 2016 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 abbreviated accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.

The financial statements were approved by the Board of Directors on 31st March 2017 and were signed on its behalf by:

A W Rodgers - Director

D N James - 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).

Maintenance fund

The reserves (see note 7) consist of a maintenance fund that is budgeted by the company, to equalise annually the

cost to the property owners of anticipated cyclical maintenance of the property, particularly where this

expenditure occurs less frequently than annually. The budget is calculated to cover routine costs as well as large

non-regular repair and maintenance work, where these costs can be reasonably forseen and quantified The

present level of the fund is sufficient to meet budgeted expenditure in the forthcoming year without being

significantly reduced by the year end.

Service charges

Service charge monies received are held in trust at Cater Allen Private Bank under the title The Knoll

Management Limited.

2.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2016

2015

value:

£

19

Ordinary

£10

190