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REGISTERED NUMBER: 11897195 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025

FOR

RUTLAND COUNTRY PROPERTIES LIMITED

RUTLAND COUNTRY PROPERTIES LIMITED (REGISTERED NUMBER: 11897195)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


RUTLAND COUNTRY PROPERTIES LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 MARCH 2025







DIRECTORS: J M G von Draczek
Mrs I Toth von Draczek





REGISTERED OFFICE: Wheelers
27-29 Old Market
Wisbech
Cambridgeshire
PE13 1NE





REGISTERED NUMBER: 11897195 (England and Wales)





ACCOUNTANTS: Wheelers
Chartered Accountants & Tax Consultants
27-29 Old Market
Wisbech
Cambridgeshire
PE13 1NE

RUTLAND COUNTRY PROPERTIES LIMITED (REGISTERED NUMBER: 11897195)

BALANCE SHEET
31 MARCH 2025

31.3.25 31.3.24
Notes £    £    £   
FIXED ASSETS
Intangible assets 4 - -
Tangible assets 5 99,103 113,126
Investment property 6 165,000 155,000
264,103 268,126

CURRENT ASSETS
Debtors 7 36,788 48,656
Cash at bank 43,682 9,899
80,470 58,555
CREDITORS
Amounts falling due within one year 8 143,244 220,031
NET CURRENT LIABILITIES (62,774 ) (161,476 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

201,329

106,650

CREDITORS
Amounts falling due after more than one
year

9

(155,492

)

(172,264

)

PROVISIONS FOR LIABILITIES (20,569 ) (15,612 )
NET ASSETS/(LIABILITIES) 25,268 (81,226 )

CAPITAL AND RESERVES
Called up share capital 100 100
Fair value reserve 12 25,706 19,662
Retained earnings (538 ) (100,988 )
25,268 (81,226 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 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.

RUTLAND COUNTRY PROPERTIES LIMITED (REGISTERED NUMBER: 11897195)

BALANCE SHEET - continued
31 MARCH 2025


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 21 May 2025 and were signed on its behalf by:





J M G von Draczek - Director


RUTLAND COUNTRY PROPERTIES LIMITED (REGISTERED NUMBER: 11897195)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025

1. STATUTORY INFORMATION

Rutland Country Properties 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.

At the balance sheet date the company had net current liabilities of £62,774 by virtue of its current liabilities exceeding its current assets. The directors are confident that the going concern basis for the preparation of the financial statements is appropriate, and have confirmed their continuing support for the company in writing.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2019, has now been fully amortised.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Long leasehold - over term of the lease
Fixtures and fittings - 15% on reducing balance
Computer equipment - 25% on reducing balance

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.

RUTLAND COUNTRY PROPERTIES LIMITED (REGISTERED NUMBER: 11897195)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2025

2. ACCOUNTING POLICIES - continued

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2024 - 4 ) .

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 April 2024
and 31 March 2025 78,170
AMORTISATION
At 1 April 2024
and 31 March 2025 78,170
NET BOOK VALUE
At 31 March 2025 -
At 31 March 2024 -

5. TANGIBLE FIXED ASSETS
Fixtures
Long and Motor Computer
leasehold fittings vehicles equipment Totals
£    £    £    £    £   
COST
At 1 April 2024 97,307 35,612 - 8,553 141,472
Additions - - 1,000 - 1,000
Disposals - - (1,000 ) - (1,000 )
At 31 March 2025 97,307 35,612 - 8,553 141,472
DEPRECIATION
At 1 April 2024 15,852 9,938 - 2,556 28,346
Charge for year 8,673 3,851 - 1,499 14,023
At 31 March 2025 24,525 13,789 - 4,055 42,369
NET BOOK VALUE
At 31 March 2025 72,782 21,823 - 4,498 99,103
At 31 March 2024 81,455 25,674 - 5,997 113,126

RUTLAND COUNTRY PROPERTIES LIMITED (REGISTERED NUMBER: 11897195)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2025

6. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 April 2024 155,000
Revaluations 10,000
At 31 March 2025 165,000
NET BOOK VALUE
At 31 March 2025 165,000
At 31 March 2024 155,000

Fair value at 31 March 2025 is represented by:
£   
Valuation in 2025 34,274
Cost 130,726
165,000

Investment property was valued on an open market basis on 31 March 2025 by the directors.

7. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.25 31.3.24
£    £   
Trade debtors 30,888 42,756
Other debtors 5,900 5,900
36,788 48,656

8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.25 31.3.24
£    £   
Bank loans and overdrafts 16,249 14,223
Trade creditors 3,212 20,722
Taxation and social security 54,984 29,748
Other creditors 68,799 155,338
143,244 220,031

9. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.3.25 31.3.24
£    £   
Bank loans 155,492 172,264

Amounts falling due in more than five years:

Repayable by instalments
Bank loans more 5 yr by instal 91,216 100,409

RUTLAND COUNTRY PROPERTIES LIMITED (REGISTERED NUMBER: 11897195)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2025

10. LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:
31.3.25 31.3.24
£    £   
Within one year 23,600 23,600
Between one and five years 94,400 94,400
In more than five years 76,700 100,300
194,700 218,300

11. SECURED DEBTS

The following secured debts are included within creditors:

31.3.25 31.3.24
£    £   
Other loans 50,918 115,000
Bank loans 105,166 107,788
156,084 222,788

J M G von Draczek and Mrs I Toth von Draczek have provided personal security in relation to the other loans.

Also, there is a fixed and floating charge over all property or undertaking of the company in favour of National Westminster Bank PLC.

12. RESERVES
Fair
value
reserve
£   
At 1 April 2024 19,662
Reclassification 6,044

At 31 March 2025 25,706

13. OTHER FINANCIAL COMMITMENTS

The company has other financial commitments as follows:
31.3.2531.3.24
££
Within one year-1,280
Between one and five years--
-1,280

RUTLAND COUNTRY PROPERTIES LIMITED (REGISTERED NUMBER: 11897195)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2025

14. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 31 March 2025 and 31 March 2024:

31.3.25 31.3.24
£    £   
J M G von Draczek and Mrs I Toth von Draczek
Balance outstanding at start of year - -
Amounts advanced 2,959 -
Amounts repaid (2,959 ) -
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year - -

15. RELATED PARTY DISCLOSURES

At the balance sheet date, the company owes an interest free loan to a shareholder. The balance of this loan at the year end was £6,000 (2024 - £12,000).