Ringlestone Consultancy Limited - Abbreviated accounts 16.1

REGISTERED NUMBER: 08525613 (England and Wales)

RINGLESTONE CONSULTANCY LIMITED

ABBREVIATED UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MAY 2016

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTORS:

P J P Johnson

Mrs K R Johnson

REGISTERED OFFICE:

19/21 Swan Street

West Malling

Kent

ME19 6JU

REGISTERED NUMBER:

08525613 (England and Wales)

ACCOUNTANTS:

Perrys Accountants Limited

Chartered Accountants

3 Roberts Mews

Orpington

Kent

BR6 0JP

FIXED ASSETS

Tangible assets

2

600

-

CURRENT ASSETS

Debtors

3

17,352

18,912

Cash at bank

93,956

49,606

111,308

68,518

CREDITORS

Amounts falling due within one year

35,438

26,552

NET CURRENT ASSETS

75,870

41,966

TOTAL ASSETS LESS CURRENT
LIABILITIES

76,470

41,966

CAPITAL AND RESERVES

Called up share capital

4

100

Profit and loss account

76,370

41,866

SHAREHOLDERS' FUNDS

76,470

41,966

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 May 2016.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 2016 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 25 August 2016 and were signed on its
behalf by:

P J P Johnson - Director

1.	ACCOUNTING POLICIES

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.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Computer equipment

-

Straight line over 3 years

2.	TANGIBLE FIXED ASSETS

Total

£

COST

Additions

900

At 31 May 2016

900

DEPRECIATION

Charge for year

300

At 31 May 2016

300

NET BOOK VALUE

At 31 May 2016

600

3.

DEBTORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR

The aggregate total of debtors falling due after more than one year is £ 2,167 (2015 - £ 3,602 )

4.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2016

2015

value:

£

80

Ordinary A

£1

80

20

Ordinary B

£1

20

100

5.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

At the balance sheet date, there was a directors loan account balance of £11,788. This is included

within other creditors.