| Rushbrooke Park Ltd |
| Registered number: |
00466900 |
| Statement of Financial Position |
| as at 30 June 2019 |
|
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| Notes |
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2019 |
|
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|
2018 |
| £ |
£ |
| Fixed assets |
| Tangible assets |
2 |
|
|
|
1,315,875 |
|
|
|
1,306,500 |
| Creditors: amounts falling due within one year |
| 3 |
|
(55,374) |
|
|
|
(55,374) |
|
| Net current liabilities |
(55,374) |
|
|
|
(55,374) |
|
| Net assets |
1,260,501 |
|
|
|
1,251,126 |
|
|
|
|
|
|
|
|
|
|
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|
|
|
| Capital and reserves |
| Called up share capital |
148,100 |
|
|
|
148,100 |
| Capital redemption reserve |
900,000 |
|
|
|
900,000 |
| Fair value reserve |
4 |
|
|
|
364,501 |
|
|
|
355,126 |
| Profit and loss account |
(152,100) |
|
|
|
(152,100) |
|
| Shareholders' funds |
1,260,501 |
|
|
|
1,251,126 |
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| The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006. |
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| The members have not required the company to obtain an audit in accordance with section 476 of the Act. |
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| 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. |
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| The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The statement of income and retained earnings has not been delivered to the Registrar of Companies. |
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| Mrs A M Goldsmith |
| Director |
| Approved by the board on 12 November 2019 |
|
| Rushbrooke Park Ltd |
|
| Notes to the Accounts |
| for the year ended 30 June 2019 |
|
|
| 1 |
Accounting policies |
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|
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). |
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Tangible fixed assets |
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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: |
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|
Freehold land and buildings |
Directors' valuation |
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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. |
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| 2 |
Tangible fixed assets |
|
|
Land and buildings |
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|
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|
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|
|
|
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Total |
| £ |
£ |
|
Cost |
|
At 1 July 2018 |
1,306,500 |
|
1,306,500 |
|
Surplus on revaluation |
9,375 |
|
9,375 |
|
|
At 30 June 2019 |
1,315,875 |
|
1,315,875 |
|
|
|
|
|
|
|
|
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Depreciation |
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At 30 June 2019 |
- |
|
- |
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|
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|
|
|
|
|
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Net book value |
|
At 30 June 2019 |
1,315,875 |
|
1,315,875 |
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|
|
|
|
|
|
|
|
|
|
|
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|
At 30 June 2018 |
1,306,500 |
|
1,306,500 |
|
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|
|
|
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|
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|
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|
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Freehold land and buildings: |
2019 |
|
2018 |
| £ |
£ |
|
|
Historical cost |
951,374 |
|
951,374 |
|
Cumulative depreciation based on historical cost |
- |
|
- |
|
|
|
|
|
|
|
|
|
|
|
|
951,374 |
|
951,374 |
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The land and buildings were valued by the Directors as at 30 June 2019. |
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| 3 |
Creditors: amounts falling due within one year |
2019 |
|
2018 |
| £ |
£ |
|
|
Other creditors |
55,374 |
|
55,374 |
|
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|
|
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|
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| 4 |
Fair value reserve |
2019 |
|
2018 |
| £ |
£ |
|
|
At 1 July 2018 |
355,126 |
|
342,376 |
|
Gain on revaluation of land and buildings |
9,375 |
|
12,750 |
|
|
At 30 June 2019 |
364,501 |
|
355,126 |
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| 5 |
Controlling party |
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The ultimate controlling parties are the trustees of the Lady Teresa Rothschild 1985 Grandchildren's Settlement. The trustees own 100% of the issued share capital of K & A Estates Ltd which, in turn, owns 100% of the issued share capital of Rushbrooke Park Ltd. |
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| 6 |
Other information |
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Rushbrooke Park Ltd is a private company limited by shares and incorporated in England. Its registered office is: |
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|
Baythorne Hall |
|
Baythorne End |
|
Halstead |
|
Essex |
|
CO9 4AH |
