Rural Concepts Construction Limited - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 03589973 (England and Wales)

Unaudited Financial Statements for the Year Ended 30th November 2019

for

RURAL CONCEPTS CONSTRUCTION LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

Roger Henry Tempest

REGISTERED OFFICE:

Estate Office

Broughton Hall

Broughton

Skipton

Yorkshire

BD23 3AE

REGISTERED NUMBER:

03589973 (England and Wales)

BANKERS:

Barclays Bank plc

1st Floor, 3 Hardman Street

Springfileds

Manchester

M3 3HF

CURRENT ASSETS

Stocks

549,200

462,945

Debtors

4

-

19,800,000

Cash at bank

132,363

145,452

681,563

20,408,397

CREDITORS

Amounts falling due within one year

5

481,561

408,395

NET CURRENT ASSETS

200,002

20,000,002

TOTAL ASSETS LESS CURRENT LIABILITIES

200,002

20,000,002

CAPITAL AND RESERVES

Called up share capital

200,002

20,000,002

SHAREHOLDERS' FUNDS

200,002

20,000,002

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

The members have not required the company to obtain an audit of its financial statements for the year ended 30th November 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 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 and authorised for issue on 31st August 2020 and were signed by:

Roger Henry Tempest - Director

1.	STATUTORY INFORMATION

Rural Concepts Construction 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 preparation

These financial statements have been prepared in accordance with FRS 102 "The Financial

Reporting Standard applicable in the UK and Republic of Ireland" ("FRS 102") and the

requirements of the Companies Act 2006 as applicable to companies subject to the small

companies regime. The disclosure requirements of section 1A of FRS 102 have been applied

other than where additional disclosure is required to show a true and fair view.

The financial statements are prepared in sterling, which is the functional currency of the

company. Monetary amounts in these financial statements are rounded to the nearest £.

The company meets its day to day working capital requirements through funds provided by

its related company Rural Concepts Limited which are repayable on demand and are

disclosed as due within one year in the financial statements

On this basis, the director considers it appropriate to prepare the financial statements on

the going concern basis. The financial statements do not include any adjustments that

would result from a withdrawal of the support by Rural Concepts Limited

Stocks

Work in progress is valued at the lower of cost and net realisable value.

Cost is calculated using the first-in, first-out method and includes all purchase, transport,

and handling costs in bringing stocks to their present location and condition.

3.	EMPLOYEES AND DIRECTORS

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

4.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2019

2018

£

£

Amounts owed by group undertakings

-

19,800,000

5.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2019

2018

£

£

Trade creditors

3,000

2,000

Amounts owed to group undertakings

478,561

406,395

481,561

408,395

6.

CONTROL

Rural Concepts Limited is regarded by the director as being the company's ultimate parent

company.

The ultimate controlling party of Rural Concepts Construction Limited is Roger Tempest by

virtue of his 100% shareholding in Rural Concepts Limited.