Company Registration No. 07099053 (England and Wales)
Daisy's Property Management Limited
Unaudited accounts
for the year ended 31 December 2016
Daisy's Property Management Limited
Unaudited accounts
Contents
Daisy's Property Management Limited
Company Information
for the year ended 31 December 2016
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 2016
Inventories
2,606,483
2,256,250
Cash at bank and in hand
2,337
-
Creditors: amounts falling due within one year
(1,445,144)
(1,435,867)
Net current assets
1,163,676
820,383
Total assets less current liabilities
1,164,061
821,619
Creditors: amounts falling due after more than one year
(1,265,519)
(876,032)
Net liabilities
(101,458)
(54,413)
Called up share capital
100
100
Profit and loss account
(101,558)
(54,513)
Shareholders' funds
(101,458)
(54,413)
For the year ending 31 December 2016 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.
Approved by the Board on 11 September 2017.
Zahoor Ahmed
Director
Company Registration No. 07099053
Daisy's Property Management Limited
Notes to the Accounts
for the year ended 31 December 2016
Daisy's Property Management Limited is a private company, limited by shares, registered in England and Wales, registration number 07099053. The registered office and principal place of business 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.
These financial statements for the year ended 31 December 2016 are the first financial statements that comply with FRS 102 Section 1A Small Entities. The date of transition is 1 January 2015.
The transition to FRS 102 Section 1A Small Entities has resulted in a small number of changes in accounting policies to those used previously.
The nature of these changes and their impact on opening equity and profit for the comparative period are explained in the notes below.
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
20% per anum
Daisy's Property Management Limited
Notes to the Accounts
for the year ended 31 December 2016
4
Tangible fixed assets
Plant & machinery
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At 1 January 2016
3,516
740
4,256
At 31 December 2016
3,516
740
4,256
At 1 January 2016
2,388
632
3,020
Charge for the year
703
148
851
At 31 December 2016
3,091
780
3,871
At 31 December 2016
425
(40)
385
At 31 December 2015
1,128
108
1,236
Finished goods
2,606,483
2,256,250
6
Creditors: amounts falling due within one year
2016
2015
Bank loans and overdrafts
1,358,497
1,396,755
Trade creditors
56,037
15,948
Taxes and social security
-
397
Other creditors
7,944
22,767
7
Creditors: amounts falling due after more than one year
2016
2015
Other creditors
757,558
876,032
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100
100
9
Average number of employees
During the year the average number of employees was 0 (2015: 0).
