Ruskin Landscapes Limited - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 08472294 (England and Wales)

Unaudited Financial Statements

for the Year Ended 30 April 2019

for

Ruskin Landscapes Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

Chartered Accountants' Report

6

DIRECTOR:

A R Harding

SECRETARY:

J Harding

REGISTERED OFFICE:

Lakeview House

4 Woodbrook Crescent

Billericay

Essex

CM12 0EQ

REGISTERED NUMBER:

08472294 (England and Wales)

ACCOUNTANTS:

Mudd Partners LLP

Chartered Accountants

Lakeview House

4 Woodbrook Crescent

Billericay

Essex

CM12 0EQ

FIXED ASSETS

Tangible assets

3

132,156

132,156

CURRENT ASSETS

Debtors

4

249

249

Cash at bank and in hand

20,173

21,351

20,422

21,600

CREDITORS

Amounts falling due within one year

5

157,068

156,338

NET CURRENT LIABILITIES

(136,646

)

(134,738

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(4,490

)

(2,582

)

CAPITAL AND RESERVES

Called up share capital

6

100

100

Retained earnings

7

(4,590

)

(2,682

)

SHAREHOLDERS' FUNDS

(4,490

)

(2,582

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2019.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 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 financial statements have been prepared and delivered in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

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 9 October 2019 and were signed by:

A R Harding - Director

1.	STATUTORY INFORMATION

Ruskin Landscapes 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.

There was a deficit on the balance sheet of £1,908 (2018: £2,582) and there was a loss in the year of £4,490

(2018: £717). However, most of the long term funding for the company is by way of a director's loan account.

The director has made a commitment not to seek repayment of the loan within the foreseeable future. The

director is confident that the company will trade out of its current position.

Tangible fixed assets

Tangible fixed assets are stated at cost (deemed cost) or valuation less accumulated depreciation and

accumulated impairment losses. Cost includes costs directly attributable to making the asset capable of operating

as intended. Any revaluation gains or losses recognised in other comprehensive income. Revaluations shall be

made with sufficient regularity to ensure that carrying amount does not differ materially from that which would

be determined using fair value at the end of the reporting period.

Financial instruments

Debtors and creditors with no stated interest rate and receivable or payable within one year are recorded at

transaction price. Any losses arising from impairment are recognised in the profit and loss account in other

administrative expenses.

Loans and borrowings are initially recognised at the transaction price including transaction costs. Subsequently,

they are measured at amortised cost using the effective interest rate method, less impairment. If an arrangement

constitutes a finance transaction it is measured at present value.

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.

Going concern

These accounts have been prepared on the going concern basis, following a commitment from the director and

shareholders, that they will continue to financially support the company for at least 12 months from the year end.

3.	TANGIBLE FIXED ASSETS

Freehold

property

£

COST

At 1 May 2018

and 30 April 2019

132,156

NET BOOK VALUE

At 30 April 2019

132,156

At 30 April 2018

132,156

4.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.4.19

30.4.18

£

£

Other debtors

249

249

5.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.4.19

30.4.18

£

£

Trade creditors

248

873

Amounts owed to associates

7,875

7,000

Directors' current accounts

147,985

147,985

Accrued expenses

960

480

157,068

156,338

6.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

30.4.19

30.4.18

value:

£

£

100

Ordinary

£1

100

100

7.

RESERVES

Retained

earnings

£

At 1 May 2018

(2,682

)

Deficit for the year

(1,908

)

At 30 April 2019

(4,590

)

8.	RELATED PARTY DISCLOSURES

The following balances are due from / (to) companies with common directors and shareholders. All loans are

repayable on demand and interest free.

Detail

2019(£

)

2018£

Rural Community Housing Limited

(875

)

-

Deben Holdings Limited

(7,000

)

(7.000

)

Totals

(7,865

)

(7,000

)

9.	GOING CONCERN

Whilst these accounts show a deficit of shareholders' funds at 30 April 2019, the company is financially

supported by the director and creditors. The director considers it necessary and appropriate to prepare the

accounts on a going concern basis.

The following reproduces the text of the report prepared for the director in respect of the company's annual

unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file

a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the

Report of the Director are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the

financial statements of Ruskin Landscapes Limited for the year ended 30 April 2019 which comprise the Income

Statement, Balance Sheet, Statement of Changes in Equity and the related notes from the company's accounting records

and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the director of Ruskin Landscapes Limited in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Ruskin Landscapes Limited and state those matters that we have agreed to state to the director of Ruskin Landscapes Limited in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Ruskin Landscapes Limited and its director for our work or for this report.

It is your duty to ensure that Ruskin Landscapes 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 Ruskin Landscapes Limited. You consider that Ruskin Landscapes 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 Ruskin Landscapes 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.

We draw attention to note 2 of the financial statements stating that the accounts have been compiled on a going concern

basis, notwithstanding that the company has a deficiency of shareholders' funds.

Mudd Partners LLP

Chartered Accountants

Lakeview House

4 Woodbrook Crescent

Billericay

Essex

CM12 0EQ

9 October 2019