Ruskin House Company Services Limited Accounts

RUSKIN HOUSE COMPANY SERVICES LTD - Company Information






Ruskin House Company Services Limited

	Company No. 03562310
		Information for Filing with The Registrar
		31 March 2019

at	31 March 2019
Company No.		03562310	Notes	2019	2018
				£	£
Fixed assets

	Tangible assets		3	489	652


				489	652
Current assets

	Debtors		4	22,004	17,480

	Cash at bank and in hand			15,573	6,958
				37,577	24,438
Creditors: Amount falling due within one year			5	(12,734)	(5,267)
Net current assets				24,843	19,171
Total assets less current liabilities				25,332	19,823




Net assets				25,332	19,823

Capital and reserves
	Called up share capital			1,250	1,250



	Profit and loss account		6	24,082	18,573

Total equity				25,332	19,823



These accounts have been prepared in accordance with the special provisions applicable to companies subject to the small companies regime of the Companies Act 2006.

For the year ended 31 March 2019 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.



As permitted by section 444 (5A)of the Companies Act 2006 the directors have not delivered to the Registrar a copy of the company's profit and loss account.

Approved by the board on 22 October 2019
And signed on its behalf by:
N.D. Gore
Director

for the year ended 31 March 2019

Accounting policies

Basis of preparation

The accounts have been prepared 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) and the Companies Act 2006 . There were no material departures from that standard.

The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets and in accordance with the accounting policies set out below.

The accounts are presented in Sterling, which is the functional currency of the company.

Turnover

Turnover is measured at the fair value of the consideration received or receivable. Turnover is reduced for estimated customer returns, rebates and other similar allowances.

Tangible fixed assets and depreciation

Tangible fixed assets held for the company's own use are stated at cost less accumulated depreciation and accumulated impairment losses.

At each balance sheet date, the company reviews the carrying amount of its tangible fixed assets to determine whether there is any indication that any items have suffered an impairment loss. If any such indication exists, the recoverable amount of an asset is estimated in order to determine the extent of the impairment loss.

Depreciation is provided at the following annual rates in order to write off the cost or valuation less the estimated residual value of each asset over its estimated useful life:

Furniture, fittings and equipment

20% Reducing balance

Taxation

Income tax expense represents the sum of the tax currently payable and deferred tax.

The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the profit and loss account because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The Company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.

Trade and other debtors

Trade and other debtors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest method, less impairment losses for bad and doubtful debts.

Trade and other creditors

Short term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

2	Employees
			2019	2018
			Number	Number
		The average number of persons employed during the year :	1	1

3	Tangible fixed assets
			Fixtures, fittings and equipment	Total
			£	£
		Cost or revaluation
		At 1 April 2018	816	816




		At 31 March 2019	816	816
		Depreciation
		At 1 April 2018	164	164
		Charge for the year	163	163



		At 31 March 2019	327	327
		Net book values
		At 31 March 2019	489	489
		At 31 March 2018	652	652

4	Debtors
			2019	2018
			£	£
		Trade debtors	20,754	16,230





		Other debtors	1,250	1,250

			22,004	17,480

5	Creditors:
		amounts falling due within one year
			2019	2018
			£	£






		Corporation tax	3,793	3,046
		Other taxes and social security	1,325	1,065
		Loans from directors	7,617	1,157

		Accruals and deferred income	(1)	(1)
			12,734	5,267

Reserves

Profit and loss account - includes all current and prior period retained profits and losses.

7	Dividends
			2019	2018
			£	£
		Dividends for the period:
		Dividends paid in the period	10,500	23,500

			10,500	23,500

		Dividends by type:

		Equity dividends	10,500	23,500
			10,500	23,500

Additional information

Its registered number is:

03562310

Ruskin House

40-41 Museum Street

Holborn

London

WC1A 1LT