Company Registration No. 01878231 (England and Wales)
RUTON MANAGEMENT LIMITED
Unaudited accounts
for the year ended 31 March 2020
RUTON MANAGEMENT LIMITED
Unaudited accounts
Contents
RUTON MANAGEMENT LIMITED
Company Information
for the year ended 31 March 2020
Director
Patrick FitzSimons
Company Number
01878231 (England and Wales)
Registered Office
HILL HOUSE
NELL HILL
HANNINGTON
SN6 7RT
UNITED KINGDOM
Accountants
Philip Gurnhill Accountants
FIRST FLOOR 6 GLOUCESTER STREET
MALMESBURY
Wiltshire
SN16 0AA
RUTON MANAGEMENT LIMITED
Statement of financial position
as at 31 March 2020
Tangible assets
712,726
715,898
Cash at bank and in hand
39,108
16,113
Creditors: amounts falling due within one year
(184,642)
(179,735)
Net current liabilities
(81,135)
(103,778)
Total assets less current liabilities
631,592
612,121
Creditors: amounts falling due after more than one year
(248,965)
(255,798)
Provisions for liabilities
Deferred tax
(107,801)
(107,801)
Net assets
274,826
248,522
Called up share capital
4
4
Revaluation reserve
182,040
182,040
Profit and loss account
92,782
66,478
Shareholders' funds
274,826
248,522
For the year ending 31 March 2020 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 director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 22 December 2020 and were signed on its behalf by
Patrick FitzSimons
Director
Company Registration No. 01878231
RUTON MANAGEMENT LIMITED
Notes to the Accounts
for the year ended 31 March 2020
RUTON MANAGEMENT LIMITED is a private company, limited by shares, registered in England and Wales, registration number 01878231. The registered office is HILL HOUSE, NELL HILL, HANNINGTON, SN6 7RT, UNITED KINGDOM.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
These financial statements for the year ended 31 March 2020 are the first financial statements that comply with FRS 102 Section 1A Small Entities. The date of transition is 1 April 2018.
The transition to FRS 102 Section 1A Small Entities has resulted in a small number of changes in accounting policies to those used previously.
The nature of these changes and their impact on opening equity and profit for the comparative period are explained in the notes below.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
4
Tangible fixed assets
Land & buildings
Motor vehicles
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 April 2019
700,000
19,898
4,459
724,357
At 31 March 2020
700,000
19,898
5,287
725,185
At 1 April 2019
-
4,000
4,459
8,459
Charge for the year
-
4,000
-
4,000
At 31 March 2020
-
8,000
4,459
12,459
At 31 March 2020
700,000
11,898
828
712,726
At 31 March 2019
700,000
15,898
-
715,898
RUTON MANAGEMENT LIMITED
Notes to the Accounts
for the year ended 31 March 2020
5
Investments
Other investments
Valuation at 1 April 2019
1
Valuation at 31 March 2020
1
Other debtors
59,244
59,844
7
Creditors: amounts falling due within one year
2020
2019
Bank loans and overdrafts
9,744
9,744
Trade creditors
6,544
6,544
Taxes and social security
7,852
6,551
Other creditors
43,555
43,555
Loans from directors
112,763
109,157
8
Creditors: amounts falling due after more than one year
2020
2019
Bank loans
248,965
255,798
9
Average number of employees
During the year the average number of employees was 1 (2019: 1).
