Oak Hill Park Mews (Management) Limited - Accounts to registrar (filleted) - small 18.1

REGISTERED NUMBER: 03973773 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JULY 2017

FOR

OAK HILL PARK MEWS (MANAGEMENT) LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mr R. Farr

Mr R. Aronson

Mr A. Lugg

Mr R. Newman

SECRETARY:

The Heathgate Group Limited

REGISTERED OFFICE:

The Heathgate Group Limited

105 Heath Street

London

NW3 6SS

REGISTERED NUMBER:

03973773 (England and Wales)

ACCOUNTANTS:

Harford Michaels Kaye Limited

Chartered Certified Accountants

250 Hendon Way

London

NW4 3NL

FIXED ASSETS

Tangible assets

3

9,463

9,463

CURRENT ASSETS

Debtors

4

1,797

7,588

Cash at bank

9,273

11,083

11,070

18,671

CREDITORS

Amounts falling due within one year

5

(9,663

)

(17,264

)

NET CURRENT ASSETS

1,407

1,407

TOTAL ASSETS LESS CURRENT LIABILITIES

10,870

10,870

CREDITORS

Amounts falling due after more than one year

6

(10,862

)

(10,862

)

NET ASSETS

8

8

CAPITAL AND RESERVES

Called up share capital

8

8

SHAREHOLDERS' FUNDS

8

8

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 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 and delivered in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

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 23 April 2018 and were signed on its behalf by:

Mr R. Newman - Director

1.	STATUTORY INFORMATION

Oak Hill Park Mews (Management) Limited 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.

Turnover

Turnover consists of amounts receivable from the owners of the houses to cover the expenditure related to the

administration of the communual parts of the property at Oak Hill Park Mews, London, NW3 7LH.

Tangible fixed assets

No depreciation is provided on freehold land.

Financial instruments

The company only enters into basic financial instruments that result in the recognition of financial assets or

liabilities like trade debtors, other debtors, trade creditors and other creditors, loans from banks or other third

parties and loans to/from related parties.

Debt instruments that constitute a financing transaction are initially measured at fair value of future payments and

subsequently at amortised cost using the effective interest method. Debt instruments which are payable or

receivable within one year such as trade debtors or trade creditors are measured, initially and subsequently at the

undiscounted amount of the cash or other consideration expected to be paid or received.

Financial assets that are measured at cost and amortised cost are assessed at the end of each reporting period for

objective evidence of impairment. If objective evidence of impairment is found, an impairment loss is recognised

in the profit & loss account.

3.	TANGIBLE FIXED ASSETS

Land and

buildings

£

COST

At 1 August 2016

and 31 July 2017

9,463

NET BOOK VALUE

At 31 July 2017

9,463

At 31 July 2016

9,463

4.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2017

2016

£

£

Amounts payable by house owners: service charge arrears

-

5,370

Prepayments and accrued income

1,797

2,218

1,797

7,588

5.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2017

2016

£

£

Amounts payable re: excess of income over expenses

7,261

14,914

Directors' current accounts

25

25

Accruals and deferred income

2,377

2,325

9,663

17,264

6.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2017

2016

£

£

Amounts due to house owners

10,862

10,862

The loans are interest free and are repayable in more than 5 years.

7.	RELATED PARTY DISCLOSURES

As at the balance sheet date, Mr R. Farr was owed £25 by the company (2016 - £25).

8.	FIRST YEAR ADOPTION

Transition to FRS 102

This is the first year that the company has presented its results under FRS 102. The last Financial Statements

under old UK GAAP were for the year ended 31 July 2016. The date of transition to FRS 102 was 1 August

2015. There were no transitional adjustments resulting from the first time adoption of FRS 102.