Rudge and Holloway Ltd 09184778 false 2022-09-01 2023-08-31 2023-08-31 The principal activity of the company is development of building projects. Digita Accounts Production Advanced 6.30.9574.0 true 09184778 2022-09-01 2023-08-31 09184778 2023-08-31 09184778 core:RetainedEarningsAccumulatedLosses 2023-08-31 09184778 core:ShareCapital 2023-08-31 09184778 core:CurrentFinancialInstruments core:WithinOneYear 2023-08-31 09184778 bus:SmallEntities 2022-09-01 2023-08-31 09184778 bus:AuditExemptWithAccountantsReport 2022-09-01 2023-08-31 09184778 bus:FullAccounts 2022-09-01 2023-08-31 09184778 bus:SmallCompaniesRegimeForAccounts 2022-09-01 2023-08-31 09184778 bus:RegisteredOffice 2022-09-01 2023-08-31 09184778 bus:Director1 2022-09-01 2023-08-31 09184778 bus:Director1 4 2022-09-01 2023-08-31 09184778 bus:Director2 2022-09-01 2023-08-31 09184778 bus:Director2 2 2022-09-01 2023-08-31 09184778 bus:Director3 2022-09-01 2023-08-31 09184778 bus:Director3 3 2022-09-01 2023-08-31 09184778 bus:Director4 2022-09-01 2023-08-31 09184778 bus:Director4 1 2022-09-01 2023-08-31 09184778 bus:PrivateLimitedCompanyLtd 2022-09-01 2023-08-31 09184778 countries:EnglandWales 2022-09-01 2023-08-31 09184778 2022-08-31 09184778 2021-09-01 2022-08-31 09184778 2022-08-31 09184778 core:RetainedEarningsAccumulatedLosses 2022-08-31 09184778 core:ShareCapital 2022-08-31 09184778 core:CurrentFinancialInstruments core:WithinOneYear 2022-08-31 iso4217:GBP xbrli:pure

Registration number: 09184778

Rudge and Holloway Ltd

Annual Report and Unaudited Filleted Abridged Financial Statements

for the Year Ended 31 August 2023

 

Rudge and Holloway Ltd

Contents

Abridged Balance Sheet

1

Notes to the Unaudited Abridged Financial Statements

2 to 3

 

Rudge and Holloway Ltd

(Registration number: 09184778)
Abridged Balance Sheet as at 31 August 2023

Note

2023
£

2022
£

Fixed assets

 

Tangible assets

4

-

16,834

Current assets

 

Debtors

30,368

10,678

Cash at bank and in hand

 

637

4,197

 

31,005

14,875

Creditors: Amounts falling due within one year

(26,789)

(15,004)

Net current assets/(liabilities)

 

4,216

(129)

Net assets

 

4,216

16,705

Capital and reserves

 

Called up share capital

100

100

Profit and loss account

4,116

16,605

Total equity

 

4,216

16,705

For the financial year ending 31 August 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

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.

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime and the option not to file the Profit and Loss Account has been taken.

All of the Company’s members have consented to the preparation of an Abridged Balance Sheet in accordance with Section 444(2A) of the Companies Act 2006.

Approved and authorised by the Board on 18 April 2024 and signed on its behalf by:
 

Mr M Rudge
Director

Mrs H Holloway
Director

Mr K N Holloway
Director

Mrs E Rudge
Director

     
 

Rudge and Holloway Ltd

Notes to the Unaudited Abridged Financial Statements for the Year Ended 31 August 2023

1

General information

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

The address of its registered office is:
Park Farm
Stretton en le Field
Swadlincote
Derbyshire
DE12 8AB

These financial statements were authorised for issue by the Board on 18 April 2024.

2

Accounting policies

Statement of compliance

These abridged financial statements were prepared in accordance with Financial Reporting Standard 102 Section 1A 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006.

Basis of preparation

These abridged 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.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

The company recognises revenue when the amount of revenue can be reliably measured, it is probable the future economic benefits will flow into the entity, and specific criteria have been met for each of the company activities.

Tax

The tax expense for the period comprises current and deferred 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 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.

Deferred tax is recognised on temporary differences arising between the tax bases of assets and liabilities and their carrying amounts in the financial statements and on unused tax losses or tax credits in the company. Deferred income tax is determined using tax rates and laws that have been enacted or substantively enacted by the reporting date.

The carrying amount of deferred tax assets are reviewed at each reporting date and a valuation allowance is set up against deferred tax assets so that the net carrying amount equals the highest amount that is more likely than not to be recovered based on current or future taxable profit.

Tangible assets

Tangible assets are stated in the statement of financial position at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

3

Staff numbers

The average number of persons employed by the company (including directors) during the year, was 4 (2022 - 4).

 

Rudge and Holloway Ltd

Notes to the Unaudited Abridged Financial Statements for the Year Ended 31 August 2023

4

Tangible assets

Total
£

Cost or valuation

At 1 September 2022

16,834

Disposals

(16,834)

At 31 August 2023

-

Depreciation

Carrying amount

At 31 August 2023

-

At 31 August 2022

16,834

5

Related party transactions

Advances to directors


Mrs H Holloway

During the period Mrs H Holloway went overdrawn on their director's loan account. The maximum overdrawn balance during the year was £4,735 (2022 - £Nil). At the year end the amount outstanding from Mrs H Holloway was £4,735 (2022 - £). Interest has been charged at the commercial rate.


Mr K N Holloway

During the period Mr K N Holloway went overdrawn on their director's loan account. The maximum overdrawn balance during the year was £4,735 (2022 - £Nil). At the year end the amount outstanding from Mr K N Holloway was £4,735 (2022 - £). Interest has been charged at the commercial rate.


Mrs E Rudge

During the period Mrs E Rudge went overdrawn on their director's loan account. The maximum overdrawn balance during the year was £4,735 (2022 - £Nil). At the year end the amount outstanding from Mrs E Rudge was £4,735 (2022 - £). Interest has been charged at the commercial rate.


Mr M Rudge

During the period Mr M Rudge went overdrawn on their director's loan account. The maximum overdrawn balance during the year was £4,735 (2022 - £Nil). At the year end the amount outstanding from Mr M Rudge was £4,735 (2022 - £). Interest has been charged at the commercial rate.