Micro-entity Accounts - RIBBONWOOD HILLS MANAGEMENT (NO.1) CO. LTD.
Micro-entity Accounts - RIBBONWOOD HILLS MANAGEMENT (NO.1) CO. LTD.
Registered Number
Micro-entity Accounts
31 May 2019
RIBBONWOOD HILLS MANAGEMENT (NO.1) CO. LTD. Registered Number 03556988
Micro-entity Balance Sheet as at 31 May 2019
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| Prepayments and accrued income |
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| Creditors: amounts falling due within one year |
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| Net current assets (liabilities) |
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| Total assets less current liabilities |
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| Total net assets (liabilities) |
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| Capital and reserves |
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For the year ending 31 May 2019 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies. -
The members have not required the company to obtain an audit in accordance with section 476 of the 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 accounts. -
The accounts have been prepared in accordance with the micro-entity provisions and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
Approved by the Board on
And signed on their behalf by:
Footnotes:
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Advances and credits
1 Accounting Policy
Basis of measurement and preparation of accounts
The accounts have been prepared under the historical cost convention and in accordance with Section 228 of, and Schedule 4 to, the Companies Act 2006
Service charges are credited to the profit and loss account in the period to which they are levied. Service charge demands, and reminders as necessary, are sent to lessees. Unpaid demands are put in the hands of solicitors, whose charges, together with interest for the Company's account, are collected from the debtors.
The Company is a non-profit making enterprise and surpluses or deficits arising as a result of differences between service charges levied and costs do not fall within the scope of Corporation Tax. Taxation is payable on investment income only.
No emoluments were paid to the Directors during the year and the Company had no employees.
2. Prepayments and accrued income
For 2019 the Flat 6 Service Charge for December 2018 was still outstanding at the end of the 2019 financial year.
3. Creditors
For 2018 the Creditors total consists of £810 for outstanding gardening invoices that were unpaid in the 2018 financial year together with Flat 3 Service Charge for June 2019 being paid in advance during the 2018 financial year.