J Ruddock Limited - Accounts to registrar (filleted) - small 18.2

J Ruddock Limited - Accounts to registrar (filleted) - small 18.2

J.RUDDOCK LIMITED - Company Information

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REGISTERED NUMBER: 00148409 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 January 2019

for

J Ruddock Limited
J Ruddock Limited (Registered number: 00148409)






Contents of the Financial Statements
for the Year Ended 31 January 2019




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


J Ruddock Limited

Company Information
for the Year Ended 31 January 2019







DIRECTOR: J R H Ruddock



REGISTERED OFFICE: 287 High Street
LINCOLN
Lincolnshire
LN2 1AW



REGISTERED NUMBER: 00148409 (England and Wales)



BANKERS: Yorkshire Bank Plc
8 Guildhall Street
Lincoln
LN1 1TT
Page 1
J Ruddock Limited (Registered number: 00148409)

Balance Sheet
31 January 2019

31.1.19 31.1.18
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 157,502 175,002
Investments 5 31,301 31,301
Investment property 6 647,500 647,500
836,303 853,803

CURRENT ASSETS
Debtors 7 7,078 7,837
Cash at bank and in hand 49,408 80,844
56,486 88,681
CREDITORS
Amounts falling due within one year 8 347,644 369,577
NET CURRENT LIABILITIES (291,158 ) (280,896 )
TOTAL ASSETS LESS CURRENT
LIABILITIES
545,145
572,907

CAPITAL AND RESERVES
Called up share capital 1,160 1,160
Revaluation reserve 9 514,090 514,090
Other reserves 452 452
Retained earnings 29,443 57,205
545,145 572,907

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2019.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2019 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 notes form part of these financial statements

Page 2 continued...
J Ruddock Limited (Registered number: 00148409)

Balance Sheet - continued
31 January 2019


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 director on 15 October 2019 and were signed by:





J R H Ruddock - Director


The notes form part of these financial statements

Page 3
J Ruddock Limited (Registered number: 00148409)

Notes to the Financial Statements
for the Year Ended 31 January 2019

1. STATUTORY INFORMATION

J Ruddock Limited is a private company, limited by shares , registered in England and Wales. The
company's registered number and registered office address can be found on the Company Information
page.

2. 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.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Improvements to property - 10% on reducing balance
Fixtures and fittings - at variable rates on reducing balance

Investment property
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from
changes in fair value is recognised in profit or loss.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement,
except to the extent that it relates to items recognised in other comprehensive income or directly in
equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been
enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at
the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods
different from those in which they are recognised in financial statements. Deferred tax is measured
using tax rates and laws that have been enacted or substantively enacted by the year end and that are
expected to apply to the reversal of the timing difference.

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.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period
of the lease.

Page 4 continued...
J Ruddock Limited (Registered number: 00148409)

Notes to the Financial Statements - continued
for the Year Ended 31 January 2019

2. ACCOUNTING POLICIES - continued

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the
company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2018 - NIL ) .

4. TANGIBLE FIXED ASSETS
Improvements Fixtures
to and
property fittings Totals
£    £    £   
COST
At 1 February 2018
and 31 January 2019 341,141 325,812 666,953
DEPRECIATION
At 1 February 2018 166,139 325,812 491,951
Charge for year 17,500 - 17,500
At 31 January 2019 183,639 325,812 509,451
NET BOOK VALUE
At 31 January 2019 157,502 - 157,502
At 31 January 2018 175,002 - 175,002

5. FIXED ASSET INVESTMENTS
Listed Unlisted
investments investments Totals
£    £    £   
COST
At 1 February 2018
and 31 January 2019 17,301 14,000 31,301
NET BOOK VALUE
At 31 January 2019 17,301 14,000 31,301
At 31 January 2018 17,301 14,000 31,301

Page 5 continued...
J Ruddock Limited (Registered number: 00148409)

Notes to the Financial Statements - continued
for the Year Ended 31 January 2019

6. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 February 2018
and 31 January 2019 647,500
NET BOOK VALUE
At 31 January 2019 647,500
At 31 January 2018 647,500

The valuations were made by the director, on an open market value for existing use basis.

7. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.1.19 31.1.18
£    £   
Other debtors 7,078 7,837

8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.1.19 31.1.18
£    £   
Trade creditors - 2,742
Taxation and social security 17,647 11,341
Other creditors 329,997 355,494
347,644 369,577

9. RESERVES
Revaluation
reserve
£   
At 1 February 2018
and 31 January 2019 514,090

10. RELATED PARTY DISCLOSURES

31.1.1931.1.18
£   £   
Rent paid to connected family trusts38,16390,000
Amount owing to related parties287,000307,000

The related parties consist of companies in which the director also has an interest.

11. ULTIMATE CONTROLLING PARTY

Mr J R H Ruddock is the ultimate controlling party.

Page 6