The Dales Management Company Limited - Accounts to registrar (filleted) - small 17.3
The Dales Management Company Limited - Accounts to registrar (filleted) - small 17.3
| REGISTERED NUMBER: |
| Financial Statements for the Year Ended 28 February 2017 |
| for |
| The Dales Management Company Limited |
| The Dales Management Company Limited (Registered number: 06512136) |
| Contents of the Financial Statements |
| for the Year Ended 28 February 2017 |
| Page |
| Company Information | 1 |
| Balance Sheet | 2 |
| Notes to the Financial Statements | 3 |
| The Dales Management Company Limited |
| Company Information |
| for the Year Ended 28 February 2017 |
| DIRECTORS: |
| REGISTERED OFFICE: |
| REGISTERED NUMBER: |
| ACCOUNTANTS: |
| 116 Duke Street |
| Liverpool |
| Merseyside |
| L1 5JW |
| The Dales Management Company Limited (Registered number: 06512136) |
| Balance Sheet |
| 28 February 2017 |
| 28.2.17 | 28.2.16 |
| Notes | £ | £ | £ | £ |
| FIXED ASSETS |
| Tangible assets | 4 |
| CURRENT ASSETS |
| Debtors | 5 |
| Cash at bank |
| CREDITORS |
| Amounts falling due within one year | 6 |
| NET CURRENT LIABILITIES | ( |
) | ( |
) |
| TOTAL ASSETS LESS CURRENT LIABILITIES |
| CAPITAL AND RESERVES |
| Called up share capital |
| Retained earnings |
| SHAREHOLDERS' FUNDS |
| 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. |
| In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered. |
| The financial statements were approved by the Board of Directors on by: |
| The Dales Management Company Limited (Registered number: 06512136) |
| Notes to the Financial Statements |
| for the Year Ended 28 February 2017 |
| 1. | STATUTORY INFORMATION |
| The Dales Management Company Limited is a |
| Wales. The company's registered number and registered office address can be found on the Company |
| Information page. |
| The presentation currency of the financial statements is the Pound Sterling (£). |
| 2. | ACCOUNTING POLICIES |
| Basis of preparing the financial statements |
| Turnover |
| Turnover is derived from ordinary activities and represents rental income,exclusive of value added tax and is |
| recognised in the accounts as the service is provided. |
| Tangible fixed assets |
| Land and buildings | - |
| Plant and machinery etc | - |
| Taxation |
| Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to |
| the extent that it relates to items recognised in other comprehensive income or directly in equity. |
| Current or deferred taxation assets and liabilities are not discounted. |
| Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or |
| substantively enacted by the balance sheet date. |
| Deferred tax |
| Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance |
| sheet date. |
| Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from |
| those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that |
| have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the |
| timing difference. |
| Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they |
| will be recovered against the reversal of deferred tax liabilities or other future taxable profits. |
| 3. | EMPLOYEES AND DIRECTORS |
| The average number of employees during the year was |
| The Dales Management Company Limited (Registered number: 06512136) |
| Notes to the Financial Statements - continued |
| for the Year Ended 28 February 2017 |
| 4. | TANGIBLE FIXED ASSETS |
| Plant and |
| Land and | machinery |
| buildings | etc | Totals |
| £ | £ | £ |
| COST |
| At 29 February 2016 |
| Additions |
| At 28 February 2017 |
| DEPRECIATION |
| At 29 February 2016 |
| Charge for year |
| At 28 February 2017 |
| NET BOOK VALUE |
| At 28 February 2017 |
| At 28 February 2016 |
| 5. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 28.2.17 | 28.2.16 |
| £ | £ |
| Amounts owed by associates |
| Other debtors |
| 6. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 28.2.17 | 28.2.16 |
| £ | £ |
| Trade creditors |
| Amounts owed to associates | 41,994 | 36,224 |
| Other creditors |
| 7. | DIRECTORS' ADVANCES, CREDITS AND GUARANTEES |
| Included in creditors is £162,766 (2016 £154,117) due to the director Mr J A Youds |
| 8. | RELATED PARTY DISCLOSURES |
| Included in other creditors is £17,720 (£12,000 2016) due to Castle Lodge Guest House Ltd and £24,224 |
| (£24,224 2016) due from The Cabbage Hall Hospitality Ltd. |
| Included in other debtors is £13,466 (£13,466 2016) due from J & G Property Services Ltd and £5,000 due from |
| Castle Suites Ltd |
| 9. | ULTIMATE CONTROLLING PARTY |
| There is no ultimate controlling party. |