Caseware UK (AP4) 2023.0.135 2023.0.135 2024-08-312024-08-31falsetrue2023-09-01falseNo description of principal activity44trueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 09724466 2023-09-01 2024-08-31 09724466 2022-09-01 2023-08-31 09724466 2024-08-31 09724466 2023-08-31 09724466 2022-09-01 09724466 c:Director1 2023-09-01 2024-08-31 09724466 c:Director2 2023-09-01 2024-08-31 09724466 d:Buildings d:LongLeaseholdAssets 2023-09-01 2024-08-31 09724466 d:Buildings d:LongLeaseholdAssets 2024-08-31 09724466 d:Buildings d:LongLeaseholdAssets 2023-08-31 09724466 d:MotorVehicles 2023-09-01 2024-08-31 09724466 d:MotorVehicles 2024-08-31 09724466 d:MotorVehicles 2023-08-31 09724466 d:MotorVehicles d:OwnedOrFreeholdAssets 2023-09-01 2024-08-31 09724466 d:OfficeEquipment 2023-09-01 2024-08-31 09724466 d:OfficeEquipment 2024-08-31 09724466 d:OfficeEquipment 2023-08-31 09724466 d:OfficeEquipment d:OwnedOrFreeholdAssets 2023-09-01 2024-08-31 09724466 d:OwnedOrFreeholdAssets 2023-09-01 2024-08-31 09724466 d:CurrentFinancialInstruments 2024-08-31 09724466 d:CurrentFinancialInstruments 2023-08-31 09724466 d:CurrentFinancialInstruments d:WithinOneYear 2024-08-31 09724466 d:CurrentFinancialInstruments d:WithinOneYear 2023-08-31 09724466 d:ShareCapital 2023-09-01 2024-08-31 09724466 d:ShareCapital 2024-08-31 09724466 d:ShareCapital 2022-09-01 2023-08-31 09724466 d:ShareCapital 2023-08-31 09724466 d:ShareCapital 2022-09-01 09724466 d:OtherMiscellaneousReserve 2023-09-01 2024-08-31 09724466 d:OtherMiscellaneousReserve 2024-08-31 09724466 d:OtherMiscellaneousReserve 2022-09-01 2023-08-31 09724466 d:OtherMiscellaneousReserve 2023-08-31 09724466 d:OtherMiscellaneousReserve 2022-09-01 09724466 d:RetainedEarningsAccumulatedLosses 2023-09-01 2024-08-31 09724466 d:RetainedEarningsAccumulatedLosses 2024-08-31 09724466 d:RetainedEarningsAccumulatedLosses 2022-09-01 2023-08-31 09724466 d:RetainedEarningsAccumulatedLosses 2023-08-31 09724466 d:RetainedEarningsAccumulatedLosses 2022-09-01 09724466 c:FRS102 2023-09-01 2024-08-31 09724466 c:AuditExempt-NoAccountantsReport 2023-09-01 2024-08-31 09724466 c:FullAccounts 2023-09-01 2024-08-31 09724466 c:PrivateLimitedCompanyLtd 2023-09-01 2024-08-31 09724466 2 2023-09-01 2024-08-31 09724466 6 2023-09-01 2024-08-31 09724466 e:PoundSterling 2023-09-01 2024-08-31 iso4217:GBP xbrli:pure

Registered number: 09724466










RUTHERFORD PROPERTY LIMITED








UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 31 AUGUST 2024

 
RUTHERFORD PROPERTY LIMITED
REGISTERED NUMBER: 09724466

BALANCE SHEET
AS AT 31 AUGUST 2024

2024
2023
Note
£
£

Fixed assets
  

Tangible assets
 4 
78,670
92,708

Investments
 5 
1,567,536
923,940

  
1,646,206
1,016,648

Current assets
  

Debtors: amounts falling due within one year
 6 
591,610
62,779

Cash at bank and in hand
 8 
1,089,196
1,457,836

  
1,680,806
1,520,615

Creditors: amounts falling due within one year
 9 
(208,514)
(111,570)

Net current assets
  
 
 
1,472,292
 
 
1,409,045

Total assets less current liabilities
  
3,118,498
2,425,693

  

Net assets
  
3,118,498
2,425,693


Capital and reserves
  

Called up share capital 
  
100
100

Other reserves
 10 
55,020
(53,948)

Profit and loss account
 10 
3,063,378
2,479,541

  
3,118,498
2,425,693


The directors consider that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime and in accordance with the provisions of FRS 102 Section 1A - small entities.

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

The Company has opted not to file the statement of comprehensive income in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf on 24 January 2025.




J H Moody
E A Moody
Director
Director

Page 1

 
RUTHERFORD PROPERTY LIMITED
REGISTERED NUMBER: 09724466

BALANCE SHEET (CONTINUED)
AS AT 31 AUGUST 2024

The notes on pages 5 to 9 form part of these financial statements.

Page 2

 
RUTHERFORD PROPERTY LIMITED
 

STATEMENT OF CHANGES IN EQUITY
FOR THE YEAR ENDED 31 AUGUST 2024


Called up share capital
Other reserves
Profit and loss account
Total equity

£
£
£
£

At 1 September 2023
100
(53,948)
2,479,541
2,425,693


Comprehensive income for the year

Profit for the year

-
-
700,805
700,805


Other comprehensive income for the year
-
-
-
-


Total comprehensive income for the year
-
-
700,805
700,805


Contributions by and distributions to owners

Dividends: Equity capital
-
-
(8,000)
(8,000)

Transfer to/from profit and loss account
-
108,968
(108,968)
-


Total transactions with owners
-
108,968
(116,968)
(8,000)


At 31 August 2024
100
55,020
3,063,378
3,118,498


The notes on pages 5 to 9 form part of these financial statements.

Page 3

 
RUTHERFORD PROPERTY LIMITED
 

STATEMENT OF CHANGES IN EQUITY
FOR THE YEAR ENDED 31 AUGUST 2023


Called up share capital
Other reserves
Profit and loss account
Total equity

£
£
£
£

At 1 September 2022
100
(40,989)
2,075,523
2,034,634


Comprehensive income for the year

Profit for the year

-
-
419,224
419,224


Other comprehensive income for the year
-
-
-
-


Total comprehensive income for the year
-
-
419,224
419,224


Contributions by and distributions to owners

Dividends: Equity capital
-
-
(28,165)
(28,165)

Transfer to/from profit and loss account
-
(12,959)
12,959
-


Total transactions with owners
-
(12,959)
(15,206)
(28,165)


At 31 August 2023
100
(53,948)
2,479,541
2,425,693


The notes on pages 5 to 9 form part of these financial statements.

Page 4

 
RUTHERFORD PROPERTY LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2024

1.


General information

Rutherford Properties Limited is a private company limited by shares and incorporated in England. Its registered office is Kingsridge House, 601 London Road, Westcliff-on-sea, SS0 9PE.

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The following principal accounting policies have been applied:

 
2.2

Revenue

Revenue is recognised to the extent that it is probable that the economic benefits will flow to the Company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before revenue is recognised:

Rendering of services

Revenue from a contract to provide services is recognised in the period in which the services are provided in accordance with the stage of completion of the contract when all of the following conditions are satisfied:
the amount of revenue can be measured reliably;
it is probable that the Company will receive the consideration due under the contract;
the stage of completion of the contract at the end of the reporting period can be measured reliably; and
the costs incurred and the costs to complete the contract can be measured reliably.

 
2.3

Interest income

Interest income is recognised in profit or loss using the effective interest method.

 
2.4

Pensions

Defined contribution pension plan

The Company operates a defined contribution plan for its employees. A defined contribution plan is a pension plan under which the Company pays fixed contributions into a separate entity. Once the contributions have been paid the Company has no further payment obligations.

The contributions are recognised as an expense in profit or loss when they fall due. Amounts not paid are shown in accruals as a liability in the Balance sheet. The assets of the plan are held separately from the Company in independently administered funds.

Page 5

 
RUTHERFORD PROPERTY LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2024

2.Accounting policies (continued)

 
2.5

Taxation

Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the balance sheet date in the countries where the Company operates and generates income.


 
2.6

Tangible fixed assets

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, as detailed below:.

Depreciation is provided on the following basis:

Long-term leasehold property
-
10 years straight line
Motor vehicles
-
20%
Reducing balance
Office equipment
-
25%
Reducing balance

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss.

 
2.7

Valuation of investments

Investments in listed company shares are remeasured to market value at each balance sheet date. Gains and losses on remeasurement are recognised in profit or loss for the period.

 
2.8

Associates and joint ventures

Associates and Joint Ventures are held at cost less impairment.

 
2.9

Debtors

Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

 
2.10

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

Page 6

 
RUTHERFORD PROPERTY LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2024

2.Accounting policies (continued)

 
2.11

Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

 
2.12

Dividends

Equity dividends are recognised when they become legally payable. Interim equity dividends are recognised when paid. Final equity dividends are recognised when approved by the shareholders at an annual general meeting.


3.


Employees

The average monthly number of employees, including directors, during the year was 4 (2023 - 4).


4.


Tangible fixed assets





Long-term leasehold property
Motor vehicles
Office equipment
Total

£
£
£
£



Cost or valuation


At 1 September 2023
88,000
36,979
7,840
132,819


Additions
-
-
2,167
2,167



At 31 August 2024

88,000
36,979
10,007
134,986



Depreciation


At 1 September 2023
30,800
3,082
6,229
40,111


Charge for the year on owned assets
8,800
6,779
626
16,205



At 31 August 2024

39,600
9,861
6,855
56,316



Net book value



At 31 August 2024
48,400
27,118
3,152
78,670



At 31 August 2023
57,200
33,897
1,611
92,708

Page 7

 
RUTHERFORD PROPERTY LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2024

5.


Fixed asset investments





Investments in associates
Listed investments
Total

£
£
£



Cost or valuation


At 1 September 2023
70,100
853,840
923,940


Additions
5,800
540,000
545,800


Disposals
-
(127,165)
(127,165)


Revaluations
-
224,961
224,961



At 31 August 2024
75,900
1,491,636
1,567,536





6.


Debtors

2024
2023
£
£


Trade debtors
57,740
57,740

Amounts owed by group undertakings
528,712
-

Other debtors
5,039
5,039

Prepayments and accrued income
119
-

591,610
62,779



7.


Current asset investments





8.


Cash and cash equivalents

2024
2023
£
£

Cash at bank and in hand
1,089,196
1,457,836

1,089,196
1,457,836


Page 8

 
RUTHERFORD PROPERTY LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2024

9.


Creditors: Amounts falling due within one year

2024
2023
£
£

Trade creditors
112
112

Amounts owed to associates
50
50

Corporation tax
206,068
109,548

Other taxation and social security
52
70

Other creditors
262
-

Accruals and deferred income
1,970
1,790

208,514
111,570



10.


Reserves

Other reserves

Other reserves contains the movements in fair value and the associated deferred tax on the listed investments held by the company at the year end. This is a non-distributable reserve.


11.


Pension commitments

The Company operates a defined contributions pension scheme. The assets of the scheme are held separately from those of the Company  in an independently administered fund. The pension cost charge represents contributions payable by the Company  to the fund and amounted to £35,000 (2023 - £35,000)


12.


Related party transactions

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