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REGISTERED NUMBER: 01297951 (England and Wales)











UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 SEPTEMBER 2024

FOR

RAMBLEBANK MANAGEMENT CO. LIMITED

RAMBLEBANK MANAGEMENT CO. LIMITED (REGISTERED NUMBER: 01297951)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2024










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


RAMBLEBANK MANAGEMENT CO. LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 30 SEPTEMBER 2024







DIRECTORS: J W Cush
G Morgan
A Hermanowski





REGISTERED OFFICE: Penns Cottage
Horsham Road
Steyning
BN44 3LJ





REGISTERED NUMBER: 01297951 (England and Wales)





ACCOUNTANTS: Galloways Accounting (Horsham) Limited
Ridgeland House
15 Carfax
Horsham
West Sussex
RH12 1DY

RAMBLEBANK MANAGEMENT CO. LIMITED (REGISTERED NUMBER: 01297951)

BALANCE SHEET
30 SEPTEMBER 2024

2024 2023
Notes £    £   
CURRENT ASSETS
Debtors 3 (825 ) 1,354
Cash at bank 3,537 11,945
2,712 13,299
CREDITORS
Amounts falling due within one year 4 (1,520 ) (7,951 )
NET CURRENT ASSETS 1,192 5,348
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,192

5,348

CAPITAL AND RESERVES
Called up share capital 18 18
Major works reserve 100 2,112
Retained earnings 1,074 3,218
SHAREHOLDERS' FUNDS 1,192 5,348

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 2024 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 applicable to companies subject to the small companies regime.

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 and authorised for issue on 15 April 2025 and were signed on its behalf by:





G Morgan - Director


RAMBLEBANK MANAGEMENT CO. LIMITED (REGISTERED NUMBER: 01297951)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2024


1. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

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 Tech03/11. 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.

Turnover
Turnover represents service charges payable towards the management of property known as Ramblebank Management Company, Horsham, West Sussex.

2. EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2023 - NIL).

3. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors (825 ) 1,115
Prepayments and accrued income - 239
(825 ) 1,354

4. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade creditors 442 5,610
Accrued expenses 1,078 2,341
1,520 7,951

5. REPAIRS AND MAINTENANCE

£

Flood light 118
Door entry annual check 267
Gutter clean/repairs 2,083
Vertical tiling 1,035
Door repairs 120
Parking sign 72
Survey 144
Aerial 361
Damp repairs 595
4,795

RAMBLEBANK MANAGEMENT CO. LIMITED (REGISTERED NUMBER: 01297951)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 SEPTEMBER 2024


6. RESERVES

Retained Major TOTALS
earnings works reserve


At 30 September 2023 3,218 2,112 5,330
Profit for the year 1,196 1,196
Transfer to cyclical maintenance (3,500 ) 3,500 -
Major works - external decoration (5,512 ) (5,512 )
At 30 September 2024 914 100 1,014