The Old Mill (Lymm) Management Company L - Accounts to registrar (filleted) - small 18.1

Unaudited Financial Statements

for the Year Ended 31st December 2017

for

The Old Mill (Lymm) Management Company

Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

Chartered Accountants' Report

5

DIRECTORS:

W Laidlaw

J H Leaver

R Kitching

J Hurst

SECRETARY:

Stuarts Limited

REGISTERED OFFICE:

7 Ambassador Place

Stockport Road

Altrincham

Cheshire

WA15 8DB

REGISTERED NUMBER:

03711055 (England and Wales)

ACCOUNTANTS:

Allen Mills Howard & Co

Chartered Accountants

Lewis House

56 Manchester Road

Altrincham

Cheshire

WA14 4PJ

CURRENT ASSETS

Debtors

3

2,172

2,042

Cash at bank

11,323

9,518

13,495

11,560

CREDITORS

Amounts falling due within one year

4

1,586

1,605

NET CURRENT ASSETS

11,909

9,955

TOTAL ASSETS LESS CURRENT LIABILITIES

11,909

9,955

CAPITAL AND RESERVES

Called up share capital

5

18

18

Retained earnings

6

11,891

9,937

SHAREHOLDERS' FUNDS

11,909

9,955

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31st December 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 1st July 2018 and were signed on its behalf by:

J H Leaver - Director

W Laidlaw - Director

1.	STATUTORY INFORMATION

The Old Mill (Lymm) Management Company 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 represents service charges receivable by the company.

Taxation

The company is a non trading company and is exempt from corporation tax.

3.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2017

2016

£

£

Service charges in arrears

274

204

Prepayments

1,898

1,838

2,172

2,042

4.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2017

2016

£

£

Service charges in advance

621

672

Accrued expenses

965

933

1,586

1,605

5.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2017

2016

value:

£

£

18

Ordinary

1

18

18

6.

RESERVES

Retained

earnings

£

At 1st January 2017

9,937

Profit for the year

1,954

At 31st December 2017

11,891

7.	RELATED PARTY DISCLOSURES

The turnover of £19,800 (2016: £18,720) is made up of the service charges payable by the shareholders. The

residents are the shareholders in the company and four of the shareholders are directors.

The following reproduces the text of the report prepared for the directors in respect of the company's annual

unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file

a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the

Report of the Directors are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the

financial statements of The Old Mill (Lymm) Management Company Limited for the year ended 31st December 2017

which comprise the Income Statement, Balance Sheet and the related notes from the company's accounting records and

from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the Board of Directors of The Old Mill (Lymm) Management Company Limited, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of The Old Mill (Lymm) Management Company Limited and state those matters that we have agreed to state to the Board of Directors of The Old Mill (Lymm) Management Company Limited, as a body, in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than The Old Mill (Lymm) Management Company Limited and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that The Old Mill (Lymm) Management Company Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of The Old Mill (Lymm) Management Company Limited. You consider that The Old Mill (Lymm) Management Company Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of The Old Mill (Lymm) Management Company Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

Allen Mills Howard & Co

Chartered Accountants

Lewis House

56 Manchester Road

Altrincham

Cheshire

WA14 4PJ

3rd July 2018