Duntshill Mill Management Ltd - Limited company accounts 17.3

Duntshill Mill Management Ltd - Limited company accounts 17.3

DUNTSHILL MILL MANAGEMENT LIMITED - Company Information

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IRIS Accounts Production v17.3.0.1062 02992280 Board of Directors 1.4.16 31.3.17 31.3.17 the management and maintenance of the housing development known as Duntshill Mill, 21 Riverdale Drive, London. false true false false true false Ordinary 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pure029922802016-03-31029922802017-03-31029922802016-04-012017-03-31029922802015-03-31029922802015-04-012016-03-31029922802016-03-3102992280ns15:EnglandWales2016-04-012017-03-3102992280ns14:PoundSterling2016-04-012017-03-3102992280ns10:Director12016-04-012017-03-3102992280ns10:PrivateLimitedCompanyLtd2016-04-012017-03-3102992280ns10:SmallEntities2016-04-012017-03-3102992280ns10:AuditExemptWithAccountantsReport2016-04-012017-03-3102992280ns10:SmallCompaniesRegimeForDirectorsReport2016-04-012017-03-3102992280ns10:SmallCompaniesRegimeForAccounts2016-04-012017-03-3102992280ns10:FullAccounts2016-04-012017-03-3102992280ns10:OrdinaryShareClass12016-04-012017-03-3102992280ns10:Director22016-04-012017-03-3102992280ns10:RegisteredOffice2016-04-012017-03-3102992280ns5:CurrentFinancialInstruments2017-03-3102992280ns5:CurrentFinancialInstruments2016-03-3102992280ns5:ShareCapital2017-03-3102992280ns5:ShareCapital2016-03-3102992280ns5:CurrentFinancialInstrumentsns5:WithinOneYear2017-03-3102992280ns5:CurrentFinancialInstrumentsns5:WithinOneYear2016-03-3102992280ns10:OrdinaryShareClass12017-03-3102992280ns5:RetainedEarningsAccumulatedLosses2016-04-012017-03-3102992280ns5:RetainedEarningsAccumulatedLosses2017-03-31


REGISTERED NUMBER: 02992280 (England and Wales)















REPORT OF THE DIRECTORS AND

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST MARCH 2017

FOR

DUNTSHILL MILL MANAGEMENT LTD
DUNTSHILL MILL MANAGEMENT LTD (REGISTERED NUMBER: 02992280)






CONTENTS OF THE FINANCIAL STATEMENTS
for the Year Ended 31st March 2017




Page

Company Information 1

Report of the Directors 2

Income Statement 3

Balance Sheet 4

Notes to the Financial Statements 5


DUNTSHILL MILL MANAGEMENT LTD

COMPANY INFORMATION
for the Year Ended 31st March 2017







DIRECTORS: Dr K Baig
E Drage





REGISTERED OFFICE: Ossington Chambers
6-8 Castle Gate
Newark
Nottinghamshire
NG24 1AX





REGISTERED NUMBER: 02992280 (England and Wales)





ACCOUNTANTS: Stephenson Nuttall & Co
Chartered Accountants
Ossington Chambers
6-8 Castle Gate
Newark
Nottinghamshire
NG24 1AX
Page 1
DUNTSHILL MILL MANAGEMENT LTD (REGISTERED NUMBER: 02992280)

REPORT OF THE DIRECTORS
for the Year Ended 31st March 2017

The directors present their report with the financial statements of the company for the year ended 31st March 2017.

DIRECTORS
The directors shown below have held office during the whole of the period from 1st April 2016 to the date of this report.

Dr K Baig
E Drage

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:





Dr K Baig - Director


20th December 2017

Page 2
DUNTSHILL MILL MANAGEMENT LTD (REGISTERED NUMBER: 02992280)

INCOME STATEMENT
for the Year Ended 31st March 2017

31/3/17 31/3/16
Notes £    £   

INCOME 8,726 18,402

Service charge expenditure 7,914 17,443
OPERATING PROFIT and
PROFIT BEFORE TAXATION 812 959

Tax on profit - -
PROFIT FOR THE FINANCIAL YEAR 812 959

The notes form part of these financial statements

Page 3
DUNTSHILL MILL MANAGEMENT LTD (REGISTERED NUMBER: 02992280)

BALANCE SHEET
31st March 2017

31/3/17 31/3/16
Notes £    £   
CURRENT ASSETS
Debtors 4 13,253 7,566

CREDITORS
Amounts falling due within one year 5 13,241 7,554
NET CURRENT ASSETS 12 12
TOTAL ASSETS LESS CURRENT
LIABILITIES
12
12

CAPITAL AND RESERVES
Called up share capital 6 12 12
SHAREHOLDERS' FUNDS 12 12

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st March 2017.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st March 2017 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.

The financial statements were approved by the Board of Directors on 20th December 2017 and were signed on its behalf
by:





Dr K Baig - Director


The notes form part of these financial statements

Page 4
DUNTSHILL MILL MANAGEMENT LTD (REGISTERED NUMBER: 02992280)

NOTES TO THE FINANCIAL STATEMENTS
for the Year Ended 31st March 2017

1. STATUTORY INFORMATION

Duntshill Mill Management Ltd is a private company, limited by shares , registered in England and Wales. The
company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A "Small Entities" of Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Income
During the year the company received monies from lessees, as agent, in respect of service charges and associated
income, which are held on trust and do not constitute turnover.

Presentation of the income statement
The presentation of the Income Statement on page 3 has been modified from the prescribed format for Company
accounts in order to provide more information to the lessees and other parties who may be interested in the
expenditure incurred in the management of the property.

3. LIABILITY OF MEMBERS

The liability of members is limited to £1 each.

4. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31/3/17 31/3/16
£    £   
Debtors - 5,827
Other debtors 153 64
Bank balances held by managing agent 5,526 894
Prepayments 7,574 781
13,253 7,566

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31/3/17 31/3/16
£    £   
Trade creditors 11,964 -
Service Charge Account 748 -
External redecoration - 3,200
Carpet replacement - 2,627
Accrued expenses 529 1,727
13,241 7,554

6. CALLED UP SHARE CAPITAL


Allotted, issued and fully paid:
Number: Class: Nominal 31/3/17 31/3/16
value: £    £   
12 Ordinary £1 12 12

Page 5 continued...
DUNTSHILL MILL MANAGEMENT LTD (REGISTERED NUMBER: 02992280)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 31st March 2017

7. RESERVES
Retained
earnings
£   

Profit for the year 812
Transfer (to)/from Service Charge
account
(812
)
At 31st March 2017 -

8. CONTINGENT LIABILITIES

The company had no contingent liabilities at 31st March 2017 (2016 - None)

9. FIRST YEAR ADOPTION

These financial statements are the first which the company has prepared in accordance with the provisions of
Financial Reporting Standard 102 (FRS 102), including those of Section 1A relating to "Small Entities". The
transition to FRS 102 has had no effect on any item included within the opening balance sheet of the comparative
period at 1st April 2015, the income statement for the comparative period ended 31st March 2016 or the closing
balance sheet of the comparative period at 31st March 2016.


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