Rushbrooke Park Ltd - Period Ending 2021-06-30
Rushbrooke Park Ltd - Period Ending 2021-06-30
Registration number:
Rushbrooke Park Ltd
for the
Year Ended 30 June 2021
Rushbrooke Park Ltd
(Registration number: 00466900)
Contents
Balance Sheet |
|
Notes to the Unaudited Financial Statements |
Rushbrooke Park Ltd
(Registration number: 00466900)
Balance Sheet as at 30 June 2021
Note |
2021 |
2020 |
|
Fixed assets |
|||
Tangible assets |
- |
|
|
Current assets |
|||
Debtors |
|
- |
|
Creditors: Amounts falling due within one year |
- |
( |
|
Net current assets/(liabilities) |
|
( |
|
Total assets less current liabilities |
|
|
|
Provisions for liabilities |
- |
( |
|
Net assets |
|
|
|
Capital and reserves |
|||
Called up share capital |
148,100 |
148,100 |
|
Capital redemption reserve |
900,000 |
900,000 |
|
Revaluation reserve |
- |
919,038 |
|
Profit and loss account |
- |
(152,100) |
|
Shareholders' funds |
1,048,100 |
1,815,038 |
For the financial year ending 30 June 2021 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors' responsibilities:
• |
|
• |
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts. |
Rushbrooke Park Ltd
(Registration number: 00466900)
Balance Sheet as at 30 June 2021
These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.
These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime and the option not to file the Profit and Loss Account has been taken.
Approved and authorised by the
.........................................
Director
Rushbrooke Park Ltd
(Registration number: 00466900)
Notes to the Unaudited Financial Statements for the Year Ended 30 June 2021
General information |
The company is a private company limited by share capital, incorporated in England.
The address of its registered office is:
These financial statements were authorised for issue by the
Accounting policies |
Summary of significant accounting policies and key accounting estimates
The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.
Statement of compliance
These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A - 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006.
Basis of preparation
These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.
Tax
The tax expense for the period comprises current tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.
The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.
Tangible assets
Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.
The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.
Depreciation
Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:
Rushbrooke Park Ltd
(Registration number: 00466900)
Notes to the Unaudited Financial Statements for the Year Ended 30 June 2021
Asset class |
Depreciation method and rate |
Freehold land and buildings |
Directors' valuation |
Trade debtors
Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.
Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.
Trade creditors
Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.
Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.
Share capital
Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.
Dividends
Dividend distribution to the company’s shareholders is recognised as a liability in the financial statements in the reporting period in which the dividends are declared.
Staff numbers |
The average number of persons employed by the company (including directors) during the year, was
Rushbrooke Park Ltd
(Registration number: 00466900)
Notes to the Unaudited Financial Statements for the Year Ended 30 June 2021
Tangible assets |
Land and buildings |
Total |
|
Cost or valuation |
||
At 1 July 2020 |
|
|
Revaluations |
( |
( |
Additions |
|
|
Disposals |
( |
( |
At 30 June 2021 |
- |
- |
Depreciation |
||
Carrying amount |
||
At 30 June 2021 |
- |
- |
At 30 June 2020 |
|
|
Included within the net book value of land and buildings above is £Nil (2020 - £2,000,000) in respect of freehold land and buildings.
Debtors |
Note |
2021 |
2020 |
|
Amounts owed by group undertakings and undertakings in which the company has a participating interest |
|
- |
|
|
- |
The directors have reviewed trade debtors for impairment and consider the impairment losses to be provided for the year are £Nil (2020 - £Nil)
All amounts are due within one year.
Rushbrooke Park Ltd
(Registration number: 00466900)
Notes to the Unaudited Financial Statements for the Year Ended 30 June 2021
Creditors |
Creditors: amounts falling due within one year
Note |
2021 |
2020 |
|
Due within one year |
|||
Amounts owed to group undertakings and undertakings in which the company has a participating interest |
- |
|
Share capital |
Reserves |
The changes to each component of equity resulting from items of other comprehensive income for the current year were as follows:
Revaluation reserve |
Total |
|
Surplus/(deficit) on property, plant and equipment revaluation |
( |
( |
The changes to each component of equity resulting from items of other comprehensive income for the prior year were as follows:
Revaluation reserve |
Total |
|
Surplus/(deficit) on property, plant and equipment revaluation |
|
|
Dividends |
2021 |
2020 |
|||
£ |
£ |
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