Rudgate Hall Projects Limited - Period Ending 2016-03-31

Registration number: 03530114

Rudgate Hall Projects Limited

Unaudited Abbreviated Accounts

for the Year Ended 31 March 2016
 

A.P.F. Business Services
1st Floor Deanfield Mills
Asquith Avenue
Morley
West Yorkshire
LS27 9QS

Rudgate Hall Projects Limited
Contents

Accountants' Report 1

Abbreviated Balance Sheet 2

Notes to the Abbreviated Accounts 3 to 4

The following reproduces the text of the accountants' report in respect of the company's annual financial statements, from which the abbreviated accounts (set out on pages 2 to 4) have been prepared.

Accountants' Report to the Board of Directors on the Preparation of the Unaudited Statutory Accounts of
Rudgate Hall Projects Limited
for the Year Ended 31 March 2016

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Rudgate Hall Projects Limited for the year ended 31 March 2016 set out on pages from the company's accounting records and from information and explanations you have given us.

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

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

A.P.F. Business Services
1st Floor Deanfield Mills
Asquith Avenue
Morley
West Yorkshire
LS27 9QS

23 December 2016

Page 1

Rudgate Hall Projects Limited
(Registration number: 03530114)
Abbreviated Balance Sheet at 31 March 2016

		Note			2016 £			2015 £
Fixed assets
Tangible fixed assets					120,859			122,250
Current assets
Debtors					31,359			31,380
Cash at bank and in hand					173			79
					31,532			31,459
Creditors: Amounts falling due within one year					(29,845)			(29,687)
Net current assets					1,687			1,772
Net assets					122,546			124,022
Capital and reserves
Called up share capital		3			2			2
Profit and loss account					122,544			124,020
Shareholders' funds					122,546			124,022

For the year ending 31 March 2016 the company was entitled to exemption 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 directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime .

Approved by the Board on 28 December 2016 and signed on its behalf by:

.........................................
Mr David Venables
Director

The notes on pages 3 to 4 form an integral part of these financial statements.
Page 2

Rudgate Hall Projects Limited
Notes to the Abbreviated Accounts for the Year Ended 31 March 2016
......... continued

1	Accounting policies

Basis of preparation

The full financial statements, from which these abbreviated accounts have been extracted, have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (Effective January 2015).

Turnover

Turnover represents amounts chargeable, net of value added tax, in respect of the sale of goods and services to customers.

Depreciation

Depreciation is provided on tangible fixed assets so as to write off the cost or valuation, less and estimated residual value, over their expected useful life.

Asset class	Depreciation method and rate
Freehold land and buildings	1% straight line basis

Hire purchase and leasing

Rentals payable under operating leases are charged in the profit and loss account on a straight line basis over the lease term.

Financial instruments

Financial instruments are classified and accounted for, according to the substance of the contractual arrangement, as financial assets, financial liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities. Where shares are issued, any component that creates a financial liability of the company is presented as a liability in the balance sheet. The corresponding dividends relating to the liability component are charged as interest expense in the profit and loss account.

Page 3

Rudgate Hall Projects Limited
Notes to the Abbreviated Accounts for the Year Ended 31 March 2016
......... continued

2	Fixed assets

		Tangible assets £			Total £
Cost
At 1 April 2015		139,077			139,077
At 31 March 2016		139,077			139,077
Depreciation
At 1 April 2015		16,827			16,827
Charge for the year		1,391			1,391
At 31 March 2016		18,218			18,218
Net book value
At 31 March 2016		120,859			120,859
At 31 March 2015		122,250			122,250

3	Share capital

Allotted, called up and fully paid shares

	2016						2015
		No.			£			No.			£
Ordinary shares of £1 each		2			2			2			2

Page 4