Slotlink Property Management Limited - Limited company accounts 17.3

REGISTERED NUMBER: 02244208 (England and Wales)

Report of the Directors and

Unaudited Financial Statements for the Year Ended 30 April 2017

for

Slotlink Property Management Limited

Page

Company Information

1

Report of the Directors

2

Income Statement

3

Balance Sheet

4

Notes to the Financial Statements

5

DIRECTORS:

R Poulter

F Cornelli

SECRETARY:

REGISTERED OFFICE:

7 St. Augustines Road

Ramsgate

Kent

CT12 9PQ

REGISTERED NUMBER:

02244208 (England and Wales)

ACCOUNTANTS:

Adlam Accountancy Services

22 Grange Road

Ramsgate

Kent

CT11 9LR

The directors present their report with the financial statements of the company for the year ended 30 April 2017.

DIRECTORS

The directors set out in the table below have held office during the whole of

the period from 1 May 2016 to the date of this report unless otherwise stated.

Other changes in directors holding office are as follows:

Ms. S. Knight - resigned 2.2.17

The beneficial interests of the directors holding office at 30 April 2017 in the

shares of the company, according to the register of directors' interests, were

as follows:

30.4.17

1.5.16

Ordinary shares of Ordinary each

R Poulter

1

F Cornelli

2

1

These directors did not hold any non-beneficial interests in the shares of the

company.

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:

R Poulter - Director

12 January 2018

TURNOVER

1,524

1,275

Administrative expenses

1,570

1,605

OPERATING LOSS and

LOSS BEFORE TAXATION

(46

)

(330

)

Tax on loss

-

LOSS FOR THE FINANCIAL YEAR

(46

)

(330

)

CURRENT ASSETS

Cash at bank

666

367

CREDITORS

Amounts falling due within one
year

4

1,033

688

NET CURRENT LIABILITIES

(367

)

(321

)

TOTAL ASSETS LESS CURRENT
LIABILITIES

(367

)

(321

)

CAPITAL AND RESERVES

Called up share capital

3

Retained earnings

(370

)

(324

)

SHAREHOLDERS' FUNDS

(367

)

(321

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2017.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 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
12 January 2018 and were signed on its behalf by:

R Poulter - Director

1.	STATUTORY INFORMATION

Slotlink Property 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 is measured at the fair value of the consideration received or

receivable, excluding discounts, rebates, value added tax and other sales

taxes.

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.	PROFIT & LOSS ACCOUNT AS AT 30TH APRIL 2017

There is a cumulative debit balance on this account which needs to be

addressed by increasing charges.

This has arisen because of the significant increase in Insurance payments

since January 2016.

4.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.4.17

30.4.16

£

Other creditors

26

13

Fees prepaid

785

453

Accrued expenses

222

1,033

688