IRIS Accounts Production v24.2.0.383 01760643 Board of Directors 29.9.22 28.9.23 28.9.23 0 0 false true false false true false Fair value model 0 0 Ordinary 10.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh017606432022-09-28017606432023-09-28017606432022-09-292023-09-28017606432021-09-28017606432021-09-292022-09-28017606432022-09-2801760643ns15:EnglandWales2022-09-292023-09-2801760643ns14:PoundSterling2022-09-292023-09-2801760643ns10:Director12022-09-292023-09-2801760643ns10:PrivateLimitedCompanyLtd2022-09-292023-09-2801760643ns10:SmallEntities2022-09-292023-09-2801760643ns10:AuditExemptWithAccountantsReport2022-09-292023-09-2801760643ns10:SmallCompaniesRegimeForDirectorsReport2022-09-292023-09-2801760643ns10:SmallCompaniesRegimeForAccounts2022-09-292023-09-2801760643ns10:FullAccounts2022-09-292023-09-2801760643ns10:OrdinaryShareClass12022-09-292023-09-2801760643ns10:Director22022-09-292023-09-2801760643ns10:RegisteredOffice2022-09-292023-09-2801760643ns5:ShareCapital2023-09-2801760643ns5:ShareCapital2022-09-2801760643ns5:RevaluationReserve2023-09-2801760643ns5:RevaluationReserve2022-09-2801760643ns5:DeferredTaxation2022-09-2801760643ns5:DeferredTaxation2023-09-2801760643ns10:OrdinaryShareClass12023-09-2801760643ns5:RetainedEarningsAccumulatedLosses2022-09-2801760643ns5:RevaluationReserve2022-09-2801760643ns5:RetainedEarningsAccumulatedLosses2022-09-292023-09-2801760643ns5:RetainedEarningsAccumulatedLosses2023-09-28
REGISTERED NUMBER: 01760643 (England)















Report of the Directors and

Unaudited Financial Statements

For The Year Ended 28 September 2023

for

1 RUTLAND GATE LIMITED

1 RUTLAND GATE LIMITED (REGISTERED NUMBER: 01760643)






Contents of the Financial Statements
For The Year Ended 28 September 2023




Page

Company Information 1

Report of the Directors 2

Income Statement 3

Balance Sheet 4

Notes to the Financial Statements 5


1 RUTLAND GATE LIMITED

Company Information
For The Year Ended 28 September 2023







DIRECTORS: R S F Hart
A J Garman





REGISTERED OFFICE: Unit 16
Northfields Prospect Business Centre
Putney Bridge Road
London
SW18 1PE





REGISTERED NUMBER: 01760643 (England)





ACCOUNTANTS: LBCo Ltd
T/A Lees-Buckley & Co
16 Northfields Prospect
Putney Bridge Road
London
SW18 1PE

1 RUTLAND GATE LIMITED (REGISTERED NUMBER: 01760643)

Report of the Directors
For The Year Ended 28 September 2023

The directors present their report with the financial statements of the company for the year ended 28 September 2023.

PRINCIPAL ACTIVITY
The company owns the freehold reversionary interest in 1 Rutland Gate, London SW7 and during the year acted as the trustee of the service charge of the property.

DIRECTORS
The directors shown below have held office during the whole of the period from 29 September 2022 to the date of this report.

R S F Hart
A J Garman

This report has been prepared in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

ON BEHALF OF THE BOARD:





R S F Hart - Director


26 September 2024

1 RUTLAND GATE LIMITED (REGISTERED NUMBER: 01760643)

Income Statement
For The Year Ended 28 September 2023

28.9.23 28.9.22
as restated
Notes £    £   

TURNOVER 1,000 1,000

Administrative Expenses (2,693 ) (1,889 )
(1,693 ) (889 )

Other operating income 1,693 889
OPERATING PROFIT and
PROFIT BEFORE TAXATION - -

Tax on profit - -
PROFIT FOR THE FINANCIAL YEAR - -

1 RUTLAND GATE LIMITED (REGISTERED NUMBER: 01760643)

Balance Sheet
28 September 2023

28.9.23 28.9.22
as restated
Notes £    £    £    £   
FIXED ASSETS
Investment property 5 5,000 5,000

CURRENT ASSETS
Debtors 6 140 140
NET CURRENT ASSETS 140 140
TOTAL ASSETS LESS CURRENT
LIABILITIES

5,140

5,140

PROVISIONS FOR LIABILITIES 7 950 950
NET ASSETS 4,190 4,190

CAPITAL AND RESERVES
Called up share capital 8 140 140
Non distributable reserve 9 4,050 4,050
SHAREHOLDERS' FUNDS 4,190 4,190

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28 September 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 28 September 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.

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

The financial statements were approved by the Board of Directors and authorised for issue on 26 September 2024 and were signed on its behalf by:





R S F Hart - Director


1 RUTLAND GATE LIMITED (REGISTERED NUMBER: 01760643)

Notes to the Financial Statements
For The Year Ended 28 September 2023

1. STATUTORY INFORMATION

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

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.

Service Charge Balances
The service charge assets and liabilities of 1 Rutland Gate, London SW7, of which the company is trustee, have in previous years been included as equal and opposite entries in the company's balance sheet and notes. These have now been excluded in both the current year and comparative figures in accordance with ICAEW Technical Release 3/11.

Turnover
Turnover represents rental income for the year.

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

3. EMPLOYEES AND DIRECTORS

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

4. PRIOR YEAR ADJUSTMENT

As restated - see Note 2

5. INVESTMENT PROPERTY

The company owns the freehold reversionary interest in 1 Rutland Gate, London SW7, subject to long leases granted to the members of the company, which is stated at valuation.

In the opinion of the directors at the balance sheet date there was no material difference between the book and fair value of the property.

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
28.9.23 28.9.22
as restated
£    £   
Funds held by managing agents 140 140

7. PROVISIONS FOR LIABILITIES
28.9.23 28.9.22
as restated
£    £   
Deferred tax 950 950

1 RUTLAND GATE LIMITED (REGISTERED NUMBER: 01760643)

Notes to the Financial Statements - continued
For The Year Ended 28 September 2023

7. PROVISIONS FOR LIABILITIES - continued

Deferred
tax
£   
Balance at 29 September 2022 950
Balance at 28 September 2023 950

8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 28.9.23 28.9.22
value: as restated
£    £   
14 Ordinary £10 140 140

9. RESERVES
Non
Retained distributable
earnings reserve Totals
£    £    £   

At 29 September 2022 - 4,050 4,050
Profit for the year - -
At 28 September 2023 - 4,050 4,050