ACCOUNTS - Final Accounts

ACCOUNTS - Final Accounts

PROLOGIS RFI DIRFT MANAGEMENT COMPANY LIMITED - Company Information

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Caseware UK (AP4) 2016.0.181 2016.0.181 2017-12-312017-12-31The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.truetrueNo description of principal activityfalse2017-01-01 06532015 2017-01-01 2017-12-31 06532015 2017-12-31 06532015 2016-12-31 06532015 c:Director3 2017-01-01 2017-12-31 06532015 d:CurrentFinancialInstruments 2017-12-31 06532015 d:CurrentFinancialInstruments 2016-12-31 06532015 d:CurrentFinancialInstruments d:WithinOneYear 2017-12-31 06532015 d:CurrentFinancialInstruments d:WithinOneYear 2016-12-31 06532015 d:ShareCapital 2017-12-31 06532015 d:ShareCapital 2016-12-31 06532015 c:FRS102 2017-01-01 2017-12-31 06532015 c:AuditExempt-NoAccountantsReport 2017-01-01 2017-12-31 06532015 c:FullAccounts 2017-01-01 2017-12-31 06532015 c:PrivateLimitedCompanyLtd 2017-01-01 2017-12-31 iso4217:GBP

Registered number: 06532015









PROLOGIS RFI DIRFT MANAGEMENT COMPANY LIMITED







UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 31 DECEMBER 2017
 
PROLOGIS RFI DIRFT MANAGEMENT COMPANY LIMITED
REGISTERED NUMBER: 06532015

BALANCE SHEET
AS AT 31 DECEMBER 2017

2017
2016
Note
£
£

  

Current assets
  

Debtors: amounts falling due within one year
 4 
74,637
56,035

Bank account 2
  
15,568
14,638

  
90,205
70,673

Creditors: amounts falling due within one year
 5 
(90,158)
(70,626)

Net current assets
  
 
 
47
 
 
47

Total assets less current liabilities
  
47
47

  

Net assets
  
47
47


Capital and reserves
  

Called up share capital 
  
47
47

  
47
47


The directors consider that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of 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 financial statements.

The financial statements have been prepared 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 financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The Company has opted not to file the statement of comprehensive income in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf on 24 September 2018.




N D M Smith
Director

The notes on pages 2 to 3 form part of these financial statements.

Page 1
 
PROLOGIS RFI DIRFT MANAGEMENT COMPANY LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2017

1.


General information

Prologis RFI Dirft Management Company Limited is a limited liability company incorporated and domiciled in England. The registered office is shown on the Company Information page.

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Section 1A of Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.

The following principal accounting policies have been applied:

 
2.2

Service charge income

Service charge income represents maintenance, management and administration costs recoverable from owners or occupiers of units on the site, exclusive of Value Added Tax. Amounts are charged on quarterly on account and any surplus or deficit are refunded or recharged to the relevant parties.

 
2.3

Debtors

Short term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

 
2.4

Creditors

Short term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.


3.


Employees

The average monthly number of employees, including directors, during the year was 3 (2016 - 3).


4.


Debtors

2017
2016
£
£


Trade debtors
69,590
46,262

Other debtors
31
155

Called up share capital not paid
16
16

Prepayments and accrued income
5,000
9,602

74,637
56,035


Page 2
 
PROLOGIS RFI DIRFT MANAGEMENT COMPANY LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2017

5.


Creditors: Amounts falling due within one year

2017
2016
£
£

Payments received on account
22,805
22,055

Trade creditors
21,310
20,062

Other taxation and social security
4,660
-

Other creditors
23,286
9,392

Accruals and deferred income
18,097
19,117

90,158
70,626





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