West End Mews Management Company Limited - Limited company accounts 17.3

REGISTERED NUMBER: 04784242 (England and Wales)

REPORT OF THE DIRECTORS AND

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30TH JUNE 2017

FOR

WEST END MEWS MANAGEMENT COMPANY LIMITED

Page

Company Information

1

Report of the Directors

2

Income Statement

3

Balance Sheet

4

Notes to the Financial Statements

5

DIRECTORS:

A J Clark MBE

G Gent

SECRETARY:

Town & City Secretaries Ltd

REGISTERED OFFICE:

2nd Floor

North Point

Faverdale

Darlington

Co. Durham

DL3 0PH

REGISTERED NUMBER:

04784242 (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 30th June 2017.

DIRECTORS

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

A J Clark MBE

G Gent

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:

A J Clark MBE - Director

19th February 2018

INCOME

9,678

8,499

Service charge expenditure

9,323

9,385

OPERATING SURPLUS/(DEFICIT)

355

(886

)

Interest receivable and similar income

2

4

SURPLUS/(DEFICIT) BEFORE TAXATION

357

(882

)

Tax on surplus/(deficit)

-

1

SURPLUS/(DEFICIT) FOR THE FINANCIAL YEAR

357

(883

)

CURRENT ASSETS

Debtors

3

6,708

5,246

CREDITORS

Amounts falling due within one year

4

6,708

5,246

TOTAL ASSETS LESS CURRENT LIABILITIES

-

-

RESERVES

-

-

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

The members have not required the company to obtain an audit of its financial statements for the year ended 30th June 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 surplus or deficit 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 19th February 2018 and were signed on its behalf by:

A J Clark MBE - Director

1.	STATUTORY INFORMATION

West End Mews Management Company Limited is a private company, limited by guarantee , 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, relating to 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 lessees and other parties who may be interested in the

expenditure incurred in the management of the property.

3.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30/6/17

30/6/16

£

£

Trade debtors

810

843

Other debtors

5,898

4,403

6,708

5,246

4.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30/6/17

30/6/16

£

£

Trade creditors

1,935

1,614

Other creditors

4,773

3,632

6,708

5,246

5.	CONTINGENT LIABILITIES

The company had no contingent liabilities for the year ended 30th June 2017 (2016 - none).

6.	CAPITAL COMMITMENTS

30/6/17

30/6/16

£

£

Contracted but not provided for in the

financial statements

-

-

7.	LIMIT OF MEMBERS LIABILITY

The Company is limited by guarantee and the liability of its members is limited to £1 each.

8.	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 July 2015, the income statement for the comparative period ended 30th June 2016 or the closing

balance sheet of the comparative period at 30th June 2016.