Abbreviated Company Accounts - J.W. RUDDOCK & SONS LIMITED

Abbreviated Company Accounts - J.W. RUDDOCK & SONS LIMITED

J.W. RUDDOCK & SONS LIMITED - Company Information

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Registered Number 02686386

J.W. RUDDOCK & SONS LIMITED

Abbreviated Accounts

30 September 2014

J.W. RUDDOCK & SONS LIMITED Registered Number 02686386

Abbreviated Balance Sheet as at 30 September 2014

Notes 2014 2013
£ £
Fixed assets
Tangible assets 2 787,252 874,801
787,252 874,801
Current assets
Stocks 273,292 260,285
Debtors 511,098 502,807
Cash at bank and in hand 3,513 491
787,903 763,583
Creditors: amounts falling due within one year (491,459) (531,222)
Net current assets (liabilities) 296,444 232,361
Total assets less current liabilities 1,083,696 1,107,162
Creditors: amounts falling due after more than one year (812,758) (914,991)
Total net assets (liabilities) 270,938 192,171
Capital and reserves
Called up share capital 1,500,000 1,500,000
Profit and loss account (1,229,062) (1,307,829)
Shareholders' funds 270,938 192,171
  • For the year ending 30 September 2014 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 9 December 2014

And signed on their behalf by:
J R H Ruddock, Director

J.W. RUDDOCK & SONS LIMITED Registered Number 02686386

Notes to the Abbreviated Accounts for the period ended 30 September 2014

1Accounting Policies

Basis of measurement and preparation of accounts
The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities effective April 2008.

Turnover policy
The turnover shown in the profit and loss account represents amounts invoiced during the year, exclusive of Value Added Tax.

Tangible assets depreciation policy
Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value, over the useful economic life of that asset as follows:

Leasehold Property - over the life of the lease
Plant & Machinery - 10%/20% straight line
Fixtures & Fittings - 10% straight line
Motor Vehicles - 25% straight line

Other accounting policies
Ultimate Parent Company

The ultimate parent company is Ruddocks 1884 Limited which is incorporated in the United Kingdon. Company number 00362398, registered office: 286 High Street, Lincoln, LN2 1AL

2Tangible fixed assets
£
Cost
At 1 October 2013 1,471,085
Additions 39,929
Disposals (23,629)
Revaluations -
Transfers -
At 30 September 2014 1,487,385
Depreciation
At 1 October 2013 596,284
Charge for the year 124,312
On disposals (20,463)
At 30 September 2014 700,133
Net book values
At 30 September 2014 787,252
At 30 September 2013 874,801