Ramblebank Management Co. Limited - Abbreviated accounts 16.1

REGISTERED NUMBER: 01297951 (England and Wales)

ABBREVIATED UNAUDITED ACCOUNTS FOR THE YEAR ENDED 30 SEPTEMBER 2015

FOR

RAMBLEBANK MANAGEMENT CO. LIMITED

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTORS:

J W Cush

Mrs R L Evans

Mrs R Humphrey

G Morgan

SECRETARY:

E J W Jenkinson

REGISTERED OFFICE:

c/o Whitford Estates

45 Penfold Way

Steyning

West Sussex

BN44 3PG

REGISTERED NUMBER:

01297951 (England and Wales)

ACCOUNTANTS:

D A CLARK & CO. LTD.

Bailey House

4-10 Barttelot Road

Horsham

West Sussex

RH12 1DQ

CURRENT ASSETS

Debtors

970

1,221

Cash at bank

3,063

5,585

4,033

6,806

CREDITORS

Amounts falling due within one year

2,407

2,075

NET CURRENT ASSETS

1,626

4,731

TOTAL ASSETS LESS CURRENT
LIABILITIES

1,626

4,731

CAPITAL AND RESERVES

Called up share capital

2

18

Major works reserve

1,141

5,641

Profit and loss account

467

(928

)

SHAREHOLDERS' FUNDS

1,626

4,731

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2015.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 2015 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 abbreviated accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.

The financial statements were approved by the Board of Directors on 18 May 2016 and were signed on its behalf by:

G Morgan - Director

1.	ACCOUNTING POLICIES

Basis of preparing the financial statements

The accounts have been prepared as the financial statements for the resident management company acting as

principal for all transactions during the year. Because of this, transactions entered into have been recognised in

the profit and loss report, as per guidance from ICAEW under UITF 92 and previous legislation. The cash

balance held by the company is being held on trust for the lessees in accordance with the Landlords and Tenants

Act 1987, and is not an asset of the company.

Accounting convention

The financial statements have been prepared under the historical cost convention and in accordance with the

Financial Reporting Standard for Smaller Entities (effective January 2015).

Turnover

Turnover represents net invoiced sales of services, excluding value added tax.

Turnover represents the net service charges due to the company.

2.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

30.9.15

30.9.14

value:

£

18

Ordinary

£1

18

3.	BREAKDOWN OF EXPENSE ACCOUNTS

Gardening expenses include the following items:

Goddards - pathways £1,854

Girlforce - additional planting £1,920

Girlforce - lawn scarifying lawns £ 637

Building repairs include the following items:

Sherlock & Neal - door repairs £1,876

Sundry expenses include the following items:

Meeting venue £ 35

Land registry documents £ 6

Annual return £ 13

Benches £ 437