Duntshill Mill Management Ltd - Limited company accounts 18.2

REGISTERED NUMBER: 02992280 (England and Wales)

REPORT OF THE DIRECTORS AND

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST MARCH 2018

FOR

DUNTSHILL MILL MANAGEMENT LTD

Page

Company Information

1

Report of the Directors

2

Income Statement

3

Balance Sheet

4

Notes to the Financial Statements

5

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

The directors present their report with the financial statements of the company for the year ended 31st March 2018.

DIRECTORS

The directors shown below have held office during the whole of the period from 1st April 2017 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 2018

INCOME

14,420

8,726

Service charge expenditure

14,650

7,914

OPERATING (LOSS)/PROFIT and

(LOSS)/PROFIT BEFORE TAXATION

(230

)

812

Tax on (loss)/profit

-

(LOSS)/PROFIT FOR THE FINANCIAL
YEAR

(230

)

812

CURRENT ASSETS

Debtors

4

8,387

13,253

CREDITORS

Amounts falling due within one year

5

8,375

13,241

NET CURRENT ASSETS

12

TOTAL ASSETS LESS CURRENT
LIABILITIES

12

CAPITAL AND RESERVES

Called up share capital

6

12

SHAREHOLDERS' FUNDS

12

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st March 2018.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st March 2018 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 2018 and were signed on its behalf by:

Dr K Baig - Director

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

31/3/18

31/3/17

£

Debtors

2,466

-

Other debtors

154

153

Bank balances held by managing agent

2,234

5,526

Prepayments

3,533

7,574

8,387

13,253

5.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31/3/18

31/3/17

£

Trade creditors

7,329

11,964

Service Charge Account

518

748

Accrued expenses

528

529

8,375

13,241

6.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31/3/18

31/3/17

value:

£

12

Ordinary

£1

12

7.

RESERVES

Retained

earnings

£

Deficit for the year

(230

)

Transfer (to)/from Service Charge
account

230

At 31st March 2018

-

8.	CONTINGENT LIABILITIES

The company had no contingent liabilities at 31st March 2018 (2017 - None)