Rhodewood Management Limited 31/08/2025 iXBRL

Company registration number: 05899787

Rhodewood Management Limited

Unaudited filleted financial statements

31 August 2025

Rhodewood Management Limited

Contents

Directors and other information

Accountants report

Statement of financial position

Notes to the financial statements

Rhodewood Management Limited

Directors and other information


Directors	C Maddox
	G Herbert
	R Hemmant-Low	(Appointed 28 July 2025)
	J Nettleship	(Appointed 28 July 2025)


Company number	05899787


Registered office	Birt & Co Lock House
	St Julian Street
	Tenby
	Pembrokshire
	SA70 7AS


Accountants	Morgan Hemp
	103-104 Walter Road
	Swansea
	SA1 5QF

Rhodewood Management Limited

Report to the board of directors on the preparation of the

unaudited statutory financial statements of Rhodewood Management Limited

Year ended 31 August 2025

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Rhodewood Management Limited for the year ended 31 August 2025 which comprise the statement of financial position and related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Association of Chartered Certified Accountants , we are subject to its ethical and other professional requirements which are detailed at http://www.accaglobal.com/en/member/ professional-standards/ rules-standards/acca-rulebook.html.

This report is made solely to the board of directors of Rhodewood Management Limited, as a body, in accordance with the terms of our engagement letter. Our work has been undertaken solely to prepare for your approval the financial statements of Rhodewood Management Limited and state those matters that we have agreed to state to the board of directors of Rhodewood Management Limited as a body, in this report in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at http://www.accaglobal.com/content/dam/ACCA_Global /Technical/fact/technical-factsheet-163.pdf. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Rhodewood Management Limited and its board of directors as a body for our work or for this report.

It is your duty to ensure that Rhodewood Management Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and loss of Rhodewood Management Limited. You consider that Rhodewood Management Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Rhodewood Management Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

Morgan Hemp

Chartered Certified Accountants

103-104 Walter Road

Swansea

SA1 5QF

4 August 2026

Rhodewood Management Limited

Statement of financial position

31 August 2025

		2025		2024
	Note	£	£	£	£

Current assets
Debtors	4	23,189		44,105
Cash at bank and in hand		140,970		136,858
		_______		_______
		164,159		180,963
Creditors: amounts falling due
within one year	5	( 1,201)		( 11,847)
		_______		_______
Net current assets			162,958		169,116
			_______		_______
Total assets less current liabilities			162,958		169,116

			_______		_______
Net assets			162,958		169,116
			_______		_______

Capital and reserves
Called up share capital			36		36
Surplus and deficit account			162,922		169,080
Reserve Fund Account £140,125	6
Surplus on Service Charge Account - £22,797
			_______		_______
Shareholders funds			162,958		169,116
			_______		_______

For the year ending 31 August 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors responsibilities:

- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476;

- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

In accordance with section 444 of the Companies Act 2006, the income statement has not been delivered.

These financial statements were approved by the board of directors and authorised for issue on 04 August 2026 , and are signed on behalf of the board by:

C Maddox

Director

Company registration number: 05899787

Rhodewood Management Limited

Notes to the financial statements

Year ended 31 August 2025

1. General information

Breakdown of Cash at Bank: RF Account - £140,125.48 SC Account - £844.75

2. Statement of compliance

These financial statements have been prepared in compliance with the provisions of FRS 102, Section 1A, 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

3. Accounting policies

Basis of preparation

Turnover is measured at the fair value of the consideration recieved or recievable.

Taxation

The company is a non profit entity and is not required under current legistation to account for corporation tax.

The company has been advised that it was deemed necessary to treat Rhodewood Management Limited as if it were a Trust for Income Tax purposes. Subsequently, the company has been required to pay Income tax on interest earned in the 24/25 tax year.

4. Debtors

	2025	2024
	£	£
Trade debtors	14,213	35,991
Prepayments	8,976	8,114
	_______	_______
	23,189	44,105
	_______	_______

5. Creditors: amounts falling due within one year

	2025	2024
	£	£
Social security and other taxes	301	540
Other creditors	900	11,307
	_______	_______
	1,201	11,847
	_______	_______

6. Reconciliation of Reserve Fund

Opening Balance of Reserve Fund as at 01/09/2024 £136,387

Fees raised for Reserve Fund £19,500

Expenses Paid using Reserve Funds

Professional Fees - B-Hive (£1,872)

Repairs - Arboreal Tree Services/Davd Banfield/Leak Detection (£1,700)

Light and Heat - SSE (£6,394)

Bank charges (£20)

Telephone (£100)

Funds Transferred to SC Account (Borrowed) (£10,000)

SC Paid into RF account in error transferred to SC account (£1,234)

Bank Interest Received £1,840

Opening Debtors ( Just RF) £5,038

Closing Debtors ( Just RF) (£1,319)

Closing Balance of Reserve Fund as at 31/08/2025 £140,125

7. Post year end events

The Directors are pleased to report that subsequent to the Company's year end, the amount of £9, 971 being the full debt outstanding at that time, was recovered as part of the completion of sale of that respective owner's property. Legal costs amounting to £2,800 had previously been incurred as part of that recovery process. The Directors expect that sufficient funds will be available in the service charge account during the next financial year to enable the repayment of £10,000 of the sums previously borrowed from the reserve fund.