Derek Rutherford (Holdings) Limited - Limited company - abbreviated - 11.9

REGISTERED NUMBER: SC156098 (Scotland)

ABBREVIATED UNAUDITED ACCOUNTS FOR THE YEAR ENDED 28 FEBRUARY 2015

FOR

DEREK RUTHERFORD (HOLDINGS) LIMITED

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTOR:

Mrs L Rutherford

SECRETARY:

G Rutherford

REGISTERED OFFICE:

34 Mayfield Gardents

Edinburgh

EH9 2BY

REGISTERED NUMBER:

SC156098 (Scotland)

ACCOUNTANTS:

Fordhams & Co.

Chartered Accountants

Unit 003

Parma House

Clarendon Road

London

N22 6UL

FIXED ASSETS

Tangible assets

2

242,131

242,131

Investment property

3

62,794

62,794

304,925

304,925

CURRENT ASSETS

Debtors

22,434

23,649

Cash at bank

6,019

3,562

28,453

27,211

CREDITORS

Amounts falling due within one year

80,693

82,262

NET CURRENT LIABILITIES

(52,240

)

(55,051

)

TOTAL ASSETS LESS CURRENT LIABILITIES

252,685

249,874

CREDITORS

Amounts falling due after more than one year

21,715

17,802

NET ASSETS

230,970

232,072

CAPITAL AND RESERVES

Called up share capital

4

2

2

Profit and loss account

230,968

232,070

SHAREHOLDERS' FUNDS

230,970

232,072

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28 February 2015.

The members have not required the company to obtain an audit of its financial statements for the year ended 28 February 2015 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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 abbreviated accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.

The financial statements were approved by the director on 17 November 2015 and were signed by:

Mrs L Rutherford - Director

1.	ACCOUNTING POLICIES

Accounting convention

The financial statements have been prepared under the historical cost convention and in accordance with the

Financial Reporting Standard for Smaller Entities (effective April 2008).

Turnover

Turnover represents net invoiced sales of services, excluding value added tax.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Land and buildings

-

2% on cost

Plant and machinery etc

-

25% on cost

Investment property

Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in

market value is transferred to a revaluation reserve.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance

sheet date.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 March 2014

and 28 February 2015

279,861

DEPRECIATION

At 1 March 2014

and 28 February 2015

37,730

NET BOOK VALUE

At 28 February 2015

242,131

At 28 February 2014

242,131

3.	INVESTMENT PROPERTY

Total

£

COST

At 1 March 2014

and 28 February 2015

62,794

NET BOOK VALUE

At 28 February 2015

62,794

At 28 February 2014

62,794

4.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

28.2.15

28.2.14

value:

£

£

2

Ordinary

£1

2

2