Ringbourne Management Limited - Filleted accounts

Registered number

03517565

Ringbourne Management Limited

Filleted Accounts

31 March 2025

Ringbourne Management Limited
Registered number:		03517565
Balance Sheet
as at 31 March 2025

Notes			2025			2024
£				£
Fixed assets
Tangible assets	3		320,293			320,391
Investments	4		870			870
			321,163			321,261

Current assets
Stocks		1,117			1,117
Debtors	5	338,200			348,200
Cash at bank and in hand		2,418			14,829
		341,735			364,146

Creditors: amounts falling due within one year	6	(126,321)			(124,401)

Net current assets			215,414			239,745

Total assets less current liabilities			536,577			561,006

Creditors: amounts falling due after more than one year	7		(5,567)			(9,340)



Net assets			531,010			551,666

Capital and reserves
Called up share capital			10			10
Revaluation reserve	9		177,319			177,319
Profit and loss account			353,681			374,337

Shareholder's funds			531,010			551,666

The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The member has not required the company to obtain an audit in accordance with section 476 of the Act.
The director acknowledges his 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 and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.


Mr Andrew James Davey
Director
Approved by the board on 16 December 2025

Ringbourne Management Limited
Notes to the Accounts
for the year ended 31 March 2025


1	Accounting policies

	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).

	Turnover
	Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.

	Tangible fixed assets
	Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:

	Plant and machinery:
	computer equipment			33% straight line
	mobile telephone			50% straight line
	equipment			25% reducing balance
	Fixtures and fittings			25% reducing balance

	Investments
	Investments in subsidiaries, associates and joint ventures are measured at cost less any accumulated impairment losses. Listed investments are measured at fair value. Unlisted investments are measured at fair value unless the value cannot be measured reliably, in which case they are measured at cost less any accumulated impairment losses. Changes in fair value are included in the profit and loss account.

	Stocks
	Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first in first out method. The carrying amount of stock sold is recognised as an expense in the period in which the related revenue is recognised.

	Debtors
	Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

	Creditors
	Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

	Taxation
	A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

	Provisions
	Provisions (ie liabilities of uncertain timing or amount) are recognised when there is an obligation at the reporting date as a result of a past event, it is probable that economic benefit will be transferred to settle the obligation and the amount of the obligation can be estimated reliably.

	Pensions
	Contributions to defined contribution plans are expensed in the period to which they relate.


2	Employees					2025		2024
Number							Number

	Average number of persons employed by the company					1		1


3	Tangible fixed assets
		Land and buildings		Plant and machinery etc		Fixtures and fittings		Total
£			£		£		£
	Cost
	At 1 April 2024	320,000		37,188		10,245		367,433
	At 31 March 2025	320,000		37,188		10,245		367,433

	Depreciation
	At 1 April 2024	-		36,871		10,171		47,042
	Charge for the year	-		32		66		98
	At 31 March 2025	-		36,903		10,237		47,140

	Net book value
	At 31 March 2025	320,000		285		8		320,293
	At 31 March 2024	320,000		317		74		320,391


	Freehold land and buildings:					2025		2024
£							£
	Historical cost					142,681		142,681
	Cumulative depreciation based on historical cost					-		-
						142,681		142,681


4	Investments

Other
investments
£
	Cost
	At 1 April 2024							870

	At 31 March 2025							870

	Historical cost
	At 1 April 2024							870
	At 31 March 2025							870



5	Debtors					2025		2024
£							£

	Other debtors					338,200		348,200


6	Creditors: amounts falling due within one year					2025		2024
£							£

	Taxation and social security costs					5,189		5,189
	Other creditors					121,132		119,212
						126,321		124,401


7	Creditors: amounts falling due after one year					2025		2024
£							£

	Bank loans					5,567		9,340


8	Loans					2025		2024
£							£
	Creditors include:

	Secured bank loans					5,567		9,340


9	Revaluation reserve					2025		2024
£							£

	At 1 April 2024					177,319		177,319

	At 31 March 2025					177,319		177,319


10	Other information

	Ringbourne Management Limited is a private company limited by shares and incorporated in England. Its registered office is:
	21 Fitzharding Road
	Ham Green
	Bristol
	North Somerset
	BS20 0EH