IRIS Accounts Production v23.2.0.158 00148409 Board of Directors 1.2.22 31.1.23 31.1.23 0 0 false true false false true false Fair value model iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh001484092022-01-31001484092023-01-31001484092022-02-012023-01-31001484092021-01-31001484092021-02-012022-01-31001484092022-01-3100148409ns10:Originalns15:EnglandWales2022-02-012023-01-3100148409ns14:PoundSterlingns10:Original2022-02-012023-01-3100148409ns10:Originalns10:Director12022-02-012023-01-3100148409ns10:Original2022-02-012023-01-3100148409ns10:Original2023-01-3100148409ns10:Originalns10:PrivateLimitedCompanyLtd2022-02-012023-01-3100148409ns10:Originalns10:SmallEntities2022-02-012023-01-3100148409ns10:Originalns10:AuditExempt-NoAccountantsReport2022-02-012023-01-3100148409ns10:Originalns10:SmallCompaniesRegimeForDirectorsReport2022-02-012023-01-3100148409ns10:SmallCompaniesRegimeForAccountsns10:Original2022-02-012023-01-3100148409ns10:Originalns10:FullAccounts2022-02-012023-01-3100148409ns10:Original2021-02-012022-01-3100148409ns10:Originalns10:Director22022-02-012023-01-3100148409ns10:Originalns10:RegisteredOffice2022-02-012023-01-3100148409ns10:Original2022-01-3100148409ns10:Originalns5:CurrentFinancialInstruments2023-01-3100148409ns10:Originalns5:CurrentFinancialInstruments2022-01-3100148409ns5:ShareCapitalns10:Original2023-01-3100148409ns5:ShareCapitalns10:Original2022-01-3100148409ns10:Originalns5:RevaluationReserve2023-01-3100148409ns10:Originalns5:RevaluationReserve2022-01-3100148409ns10:Originalns5:FurtherSpecificReserve1ComponentTotalEquity2023-01-3100148409ns10:Originalns5:FurtherSpecificReserve1ComponentTotalEquity2022-01-3100148409ns10:Originalns5:RetainedEarningsAccumulatedLosses2023-01-3100148409ns10:Originalns5:RetainedEarningsAccumulatedLosses2022-01-3100148409ns10:Originalns5:ListedExchangeTradedns5:CostValuation2022-01-3100148409ns10:Originalns5:UnlistedNon-exchangeTradedns5:CostValuation2022-01-3100148409ns10:Originalns5:ListedExchangeTraded2023-01-3100148409ns10:Originalns5:UnlistedNon-exchangeTraded2023-01-3100148409ns10:Originalns5:ListedExchangeTraded2022-01-3100148409ns10:Originalns5:UnlistedNon-exchangeTraded2022-01-3100148409ns10:Original2022-01-3100148409ns10:Originalns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-01-3100148409ns10:Originalns5:CurrentFinancialInstrumentsns5:WithinOneYear2022-01-31
REGISTERED NUMBER: 00148409 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 January 2023

for

J.Ruddock Limited

J.Ruddock Limited (Registered number: 00148409)






Contents of the Financial Statements
for the Year Ended 31 January 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


J.Ruddock Limited

Company Information
for the Year Ended 31 January 2023







DIRECTORS: J R H Ruddock
Mrs C Ruddock



REGISTERED OFFICE: The Hall
Far End
Boothby Graffoe
Lincoln
Lincolnshire
LN5 0LG



REGISTERED NUMBER: 00148409 (England and Wales)



BANKERS: Yorkshire Bank Plc
8 Guildhall Street
Lincoln
LN1 1TT

J.Ruddock Limited (Registered number: 00148409)

Balance Sheet
31 January 2023

31.1.23 31.1.22
Notes £    £    £    £   
FIXED ASSETS
Investments 4 25,826 25,826
Investment property 5 1,111,000 1,111,000
1,136,826 1,136,826

CURRENT ASSETS
Debtors 6 3,619 5,907
Cash at bank 34,431 21,805
38,050 27,712
CREDITORS
Amounts falling due within one year 7 430,061 428,357
NET CURRENT LIABILITIES (392,011 ) (400,645 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

744,815

736,181

CAPITAL AND RESERVES
Called up share capital 1,160 1,160
Revaluation reserve 514,090 514,090
Other reserves 452 452
Retained earnings 229,113 220,479
744,815 736,181

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2023 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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.

J.Ruddock Limited (Registered number: 00148409)

Balance Sheet - continued
31 January 2023


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 12 October 2023 and were signed on its behalf by:





J R H Ruddock - Director


J.Ruddock Limited (Registered number: 00148409)

Notes to the Financial Statements
for the Year Ended 31 January 2023

1. STATUTORY INFORMATION

J.Ruddock Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

The presentation currency of the financial statements is the Pound Sterling (£).


2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention as modified by the revaluation of certain assets.

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

Investment property
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

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

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Investments
Investments held as fixed assets are shown at historic cost.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2022 - NIL).

J.Ruddock Limited (Registered number: 00148409)

Notes to the Financial Statements - continued
for the Year Ended 31 January 2023

4. FIXED ASSET INVESTMENTS
Listed Unlisted
investments investments Totals
£    £    £   
COST
At 1 February 2022
and 31 January 2023 11,826 14,000 25,826
NET BOOK VALUE
At 31 January 2023 11,826 14,000 25,826
At 31 January 2022 11,826 14,000 25,826

5. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 February 2022
and 31 January 2023 1,111,000
NET BOOK VALUE
At 31 January 2023 1,111,000
At 31 January 2022 1,111,000

The valuations were made by the director, on an open market value for existing use basis.

Fair value at 31 January 2023 is represented by:
£   
Valuation in 2004 75,024
Valuation in 2010 159,566
Valuation in 2013 114,000
Valuation in 2015 165,500
Valuation in 2022 463,500
Cost 133,410
1,111,000

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.1.23 31.1.22
£    £   
Other debtors 3,619 5,907

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.1.23 31.1.22
£    £   
Other creditors 430,061 428,357

J.Ruddock Limited (Registered number: 00148409)

Notes to the Financial Statements - continued
for the Year Ended 31 January 2023

8. RELATED PARTY DISCLOSURES

31.1.23 31.1.22
£ £
Rent owing to connected family trusts at the balance sheet date 98,361 98,361
Amount owing to related parties 287,000 287,000

The related parties consist of companies in which the director also has an interest.

9. ULTIMATE CONTROLLING PARTY

Mr J R H Ruddock is the ultimate controlling party.