Rushbrooke Park Ltd - Period Ending 2022-06-30

Rushbrooke Park Ltd
(Registration number: 00466900)

Contents

Directors' Report	1
Accountants' Report	2
Balance Sheet	3
Notes to the Unaudited Financial Statements	4 to 6

Rushbrooke Park Ltd
(Registration number: 00466900)

Directors' Report for the Year Ended 30 June 2022

The directors present their report and the financial statements for the year ended 30 June 2022.

Directors of the company

The directors who held office during the year were as follows:

Mrs Alice Miranda Goldsmith

Ms Kate Rothschild

Small companies provision statement

This report has 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.

Approved and authorised by the Board on 17 November 2022 and signed on its behalf by:
 

......................................... Mrs Alice Miranda Goldsmith Director

Chartered Certified Accountants' Report to the Board of Directors on the Preparation of the Unaudited Statutory Accounts of Rushbrooke Park Ltd
for the Year Ended 30 June 2022

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Rushbrooke Park Ltd for the year ended 30 June 2022 as set out on pages 3 to 6 from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at:
https://www.accaglobal.com/gb/en/member/standards/rules-and-standards/rulebook.html.

This report is made solely to the Board of Directors of Rushbrooke Park Ltd, as a body, in accordance with the terms of our engagement letter. Our work has been undertaken solely to prepare for your approval the accounts of Rushbrooke Park Ltd and state those matters that we have agreed to state to the Board of Directors of Rushbrooke Park Ltd, as a body, in this report in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at:
http://www.accaglobal.com/gb/en/technical-activities/technical-resources-search/2009/october/factsheet-
163-audit-exempt-companies.html. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Rushbrooke Park Ltd and its Board of Directors as a body for our work or for this report.

It is your duty to ensure that Rushbrooke Park Ltd has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and results of Rushbrooke Park Ltd. You consider that Rushbrooke Park Ltd is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the accounts of Rushbrooke Park Ltd. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.

......................................

Evolve Tax & Accountancy LLP
Chartered Certified Accountants
Baythorne Hall
Baythorne End
Halstead
Essex
CO9 4AH

17 November 2022

Rushbrooke Park Ltd
(Registration number: 00466900)

Balance Sheet as at 30 June 2022

	Note	2022 £	2021 £
Current assets
Debtors	5	100	1,048,100
Capital and Reserves
Called up share capital	6	100	148,100
Capital redemption reserve		-	900,000
Shareholders' funds		100	1,048,100

For the financial year ending 30 June 2022 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

•	The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and
•	The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

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.

Approved and authorised by the Board on 17 November 2022 and signed on its behalf by:
 

......................................... Mrs Alice Miranda Goldsmith Director

Rushbrooke Park Ltd
(Registration number: 00466900)

Notes to the Unaudited Financial Statements for the Year Ended 30 June 2022

1	General information

The company is a private company limited by share capital, incorporated in England.

The address of its registered office is:
Baythorne Hall
Baythorne End
Halstead
Essex
CO9 4AH

These financial statements were authorised for issue by the Board on 17 November 2022.

2	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

The financial statements have been prepared under the historical cost convention and in accordance with FRS 105 'The Financial Reporting Standard applicable to the Micro-entities Regime'.

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 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 2022

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.

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.

3	Staff numbers

The average number of persons employed by the company (including directors) during the year, was 2 (2021 - 2).

4	Tangible Assets

Cost or valuation

Depreciation

Carrying amount

At 30 June 2022

Included within the net book value of land and buildings above is £Nil (2021 - £Nil) in respect of freehold land and buildings.
 

5

Debtors

The directors have reviewed trade debtors for impairment and consider the impairment losses to be provided for the year are £Nil (2021 - £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 2022

Current	Note	2022 £	2021 £
Amounts owed by related parties		100	1,048,100

6	Share capital

Allotted, called up and fully paid shares

	2022		2021
	No.	£	No.	£
Ordinary shares of £1 each	100	100	148,100	148,100

7

Reserves

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	(919,038)	(919,038)

8

Dividends

		2022		2021
		£		£
Final dividend of £Nil (2021 - £Nil) per ordinary share		-		-
Interim dividend of £1,048,000.00 (2021 - £743,355.00) per ordinary share		1,048,000		743,355
		1,048,000		743,355