Micro-entity Accounts - LANDMARK PROPERTY MANAGEMENT UK LTD

LANDMARK PROPERTY MANAGEMENT UK LTD - Company Information

05701777 LANDMARK PROPERTY MANAGEMENT UK LTD 2017-02-28 false 2016-02-29 2017-02-28 true 05701777 2016-02-29 2017-02-28 05701777 2017-02-28 05701777 2016-02-28 05701777 uk-gaap-cd-bus:Director1 2016-02-29 2017-02-28 05701777 uk-gaap-cd-bus:Director2 2016-02-29 2017-02-28 05701777 uk-gaap-cd-bus:AllEntityOfficers 2016-02-29 2017-02-28 iso4217:GBP shares

Registered Number 05701777

LANDMARK PROPERTY MANAGEMENT UK LTD

Micro-entity Accounts

28 February 2017

LANDMARK PROPERTY MANAGEMENT UK LTD Registered Number 05701777

Micro-entity Balance Sheet as at 28 February 2017

	Notes	2017	2016
		£	£
Fixed assets
Tangible assets	1	14,839	13,665
		14,839	13,665
Current assets
Debtors		111,453	104,530
Cash at bank and in hand		10,384	6,611
		121,837	111,141
Creditors: amounts falling due within one year		(94,143)	(85,400)
Net current assets (liabilities)		27,694	25,741
Total assets less current liabilities		42,533	39,406
Total net assets (liabilities)		42,533	39,406
Capital and reserves
Called up share capital		1	1
Profit and loss account		42,532	39,405
Shareholders' funds		42,533	39,406

For the year ending 28 February 2017 the company was entitled to exemption 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 directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared in accordance with the micro-entity provisions and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

Approved by the Board on 14 November 2017

And signed on their behalf by:
MS U D MEHTA, Director

LANDMARK PROPERTY MANAGEMENT UK LTD Registered Number 05701777

Notes to the Micro-entity Accounts for the period ended 28 February 2017

1Tangible fixed assets

	£
Cost
At 29 February 2016	45,578
Additions	6,137
Disposals	-
Revaluations	-
Transfers	-
At 28 February 2017	51,715
Depreciation
At 29 February 2016	31,913
Charge for the year	4,963
On disposals	-
At 28 February 2017	36,876
Net book values
At 28 February 2017	14,839
At 28 February 2016	13,665

2Accounting Policies

Turnover policy
Revenue recognition
Turnover is measured at the fair value of the consideration received or receivable for goods
supplied and services rendered, net of discounts and Value Added Tax.
Revenue from the sale of goods is recognised when the significant risks and rewards of
ownership have transferred to the buyer (usually on despatch of the goods); the amount of
revenue can be measured reliably; it is probable that the associated economic benefits will flow to
the entity; and the costs incurred or to be incurred in respect of the transactions can be measured
reliably.

Tangible assets depreciation policy
Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual
value, over the useful economic life of that asset as follows:
Fixtures & Fittings - 25% reducing balance

Valuation information and policy
Impairment of fixed assets
A review for indicators of impairment is carried out at each reporting date, with the recoverable
amount being estimated where such indicators exist. Where the carrying value exceeds the
recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for
possible reversal at each reporting date.
For the purposes of impairment testing, when it is not possible to estimate the recoverable
amount of an individual asset, an estimate is made of the recoverable amount of the cashgenerating
unit to which the asset belongs. The cash-generating unit is the smallest identifiable
group of assets that includes the asset and generates cash inflows that largely independent of the
cash inflows from other assets or groups of assets.
For impairment testing of goodwill, the goodwill acquired in a business combination is, from the
acquisition date, allocated to each of the cash-generating units that are expected to benefit from
the synergies of the combination, irrespective of whether other assets or liabilities of the company
are assigned to those units.
Defined contribution plans
Contributions to defined contribution plans are recognised as an expense in the period in which
the related service is provided. Prepaid contributions are recognised as an asset to the extent
that the prepayment will lead to a reduction in future payments or a cash refund.
When contributions are not expected to be settled wholly within 12 months of the end of the
reporting date in which the employees render the related service, the liability is measured on a
discounted present value basis. The unwinding of the discount is recognised as a finance cost in
profit or loss in the period in which it arises.