J.Ruddock Limited - Accounts to registrar (filleted) - small 18.2
J.Ruddock Limited - Accounts to registrar (filleted) - small 18.2
| REGISTERED NUMBER: |
| Unaudited Financial Statements for the Year Ended 31 January 2022 |
| for |
| J.Ruddock Limited |
| J.Ruddock Limited (Registered number: 00148409) |
| Contents of the Financial Statements |
| for the Year Ended 31 January 2022 |
| Page |
| Company Information | 1 |
| Balance Sheet | 2 |
| Notes to the Financial Statements | 4 |
| J.Ruddock Limited |
| Company Information |
| for the Year Ended 31 January 2022 |
| DIRECTORS: |
| REGISTERED OFFICE: |
| REGISTERED NUMBER: |
| BANKERS: |
| 8 Guildhall Street |
| Lincoln |
| LN1 1TT |
| J.Ruddock Limited (Registered number: 00148409) |
| Balance Sheet |
| 31 January 2022 |
| 31.1.22 | 31.1.21 |
| Notes | £ | £ | £ | £ |
| FIXED ASSETS |
| Tangible assets | 4 |
| Investments | 5 |
| Investment property | 6 |
| CURRENT ASSETS |
| Debtors | 7 |
| Cash at bank |
| CREDITORS |
| Amounts falling due within one year | 8 |
| NET CURRENT LIABILITIES | ( |
) | ( |
) |
| TOTAL ASSETS LESS CURRENT LIABILITIES |
| CAPITAL AND RESERVES |
| Called up share capital |
| Revaluation reserve | 9 |
| Other reserves | 9 |
| Retained earnings | 9 | ( |
) |
| The directors acknowledge their 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. |
| J.Ruddock Limited (Registered number: 00148409) |
| Balance Sheet - continued |
| 31 January 2022 |
| In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered. |
| The financial statements were approved by the Board of Directors and authorised for issue on |
| J.Ruddock Limited (Registered number: 00148409) |
| Notes to the Financial Statements |
| for the Year Ended 31 January 2022 |
| 1. | STATUTORY INFORMATION |
| J.Ruddock Limited is a |
| The presentation currency of the financial statements is the Pound Sterling (£). |
| 2. | ACCOUNTING POLICIES |
| Basis of preparing the financial statements |
| Tangible fixed assets |
| Improvements to property | - |
| Fixtures and fittings | - |
| Investment property |
| Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss. |
| 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. |
| Hire purchase and leasing commitments |
| Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease. |
| Investments |
| Investments held as fixed assets are shown at historic cost. |
| 3. | EMPLOYEES AND DIRECTORS |
| The average number of employees during the year was NIL (2021 - NIL). |
| J.Ruddock Limited (Registered number: 00148409) |
| Notes to the Financial Statements - continued |
| for the Year Ended 31 January 2022 |
| 4. | TANGIBLE FIXED ASSETS |
| Improvements | Fixtures |
| to | and |
| property | fittings | Totals |
| £ | £ | £ |
| COST |
| At 1 February 2021 |
| Disposals | ( |
) | ( |
) | ( |
) |
| At 31 January 2022 |
| DEPRECIATION |
| At 1 February 2021 |
| Charge for year |
| Eliminated on disposal | ( |
) | ( |
) | ( |
) |
| At 31 January 2022 |
| NET BOOK VALUE |
| At 31 January 2022 |
| At 31 January 2021 |
| 5. | FIXED ASSET INVESTMENTS |
| Listed | Unlisted |
| investments | investments | Totals |
| £ | £ | £ |
| COST |
| At 1 February 2021 |
| and 31 January 2022 | 25,826 |
| NET BOOK VALUE |
| At 31 January 2022 | 25,826 |
| At 31 January 2021 | 25,826 |
| 6. | INVESTMENT PROPERTY |
| Total |
| £ |
| FAIR VALUE |
| At 1 February 2021 |
| Revaluations | 463,500 |
| At 31 January 2022 |
| NET BOOK VALUE |
| At 31 January 2022 |
| At 31 January 2021 |
| The valuations were made by the director, on an open market value for existing use basis. |
| J.Ruddock Limited (Registered number: 00148409) |
| Notes to the Financial Statements - continued |
| for the Year Ended 31 January 2022 |
| 6. | INVESTMENT PROPERTY - continued |
| Fair value at 31 January 2022 is represented by: |
| £ |
| Valuation in 2004 | 75,024 |
| Valuation in 2010 | 159,566 |
| Valuation in 2013 | 114,000 |
| Valuation in 2015 | 165,500 |
| Valuation in 2022 | 463,500 |
| Cost | 133,410 |
| 1,111,000 |
| 7. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 31.1.22 | 31.1.21 |
| £ | £ |
| Other debtors |
| 8. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 31.1.22 | 31.1.21 |
| £ | £ |
| Taxation and social security |
| Other creditors |
| 9. | RESERVES |
| Retained | Revaluation | Other |
| earnings | reserve | reserves | Totals |
| £ | £ | £ | £ |
| At 1 February 2021 | ( |
) | 485,334 |
| Profit for the year |
| Purchase of own shares | (86,360 | ) | - | - | (86,360 | ) |
| At 31 January 2022 | 735,021 |
| On the 5th February 2021, the company repurchased 371 of the £1 ordinary issued shares in the company for total consideration of £86,800. The 371 ordinary shares are now being held as treasury shares. |
| 10. | RELATED PARTY DISCLOSURES |
| 31.1.22 | 31.1.21 |
| £ | £ |
| Rent charged by connected family trusts in the year | - | 26,417 |
| Rent owing to connected family trusts at the balance sheet date | 98,421 | 98,421 |
| Amount owing to related parties | 287,000 | 287,000 |
| The related parties consist of companies in which the director also has an interest. |
| 11. | ULTIMATE CONTROLLING PARTY |
| Mr J R H Ruddock is the ultimate controlling party. |