2023-09-01 2024-08-31 10404784 Rutland House 1 Limited false 10404784 2023-09-01 2024-08-31 10404784 uk-bus:Director1 2023-09-01 2024-08-31 10404784 uk-bus:AuditExempt-NoAccountantsReport 2023-09-01 2024-08-31 10404784 uk-bus:SmallEntities 2023-09-01 2024-08-31 10404784 uk-bus:FullAccounts 2023-09-01 2024-08-31 10404784 uk-bus:PrivateLimitedCompanyLtd 2023-09-01 2024-08-31 10404784 2023-09-01 10404784 2024-08-31 10404784 2023-08-31 xbrli:pure iso4217:GBP 10404784 2022-09-01 2023-08-31
Company Registration Number : 10404784 (England and Wales)
10404784
This company is a private limited company
This company sells stuff to other companies
The company was trading for the entire period
Full Accounts
2024-08-31
false
Rutland House 1 Limited
The accounts were prepared in accordance with FRS102A
The accounts have been audited
2023-09-01
Rutland House 1 Limited
Unaudited filleted financial statements
For the year ended 31 August 2024
Rutland House 1 Limited
Contents
For the year ended 31 August 2024

CONTENTS PAGE
Company Information 3
Statement of Financial Position 4
Notes to the Financial Statements 5 - 6


Rutland House 1 Limited
Company Information
For the year ended 31 August 2024

Company registration number 10404784 (England and Wales)
Directors Parthasarathy Srinivasa Commandur
Ranganathan Rajagopalan
Sainath Srinivasan
Pavithra Venkatesh
Registered office address Ash House
1 Deerswood
Maidenhead
United Kingdom
SL6 8XF
Accountant DNS Associates
Chartered Accountants
382 Kenton Road
Harrow, Middlesex
United Kingdom
HA3 8DP
Rutland House 1 Limited
Statement of Financial Position
For the year ended 31 August 2024

2024 2023
Notes £ £
Fixed assets
Investment Property 300,000 310,000
6 300,000 310,000
Current assets
Debtors: Amounts falling due after more than one year 872 -
872 -
Current liabilities
Creditors: Amounts falling due within one year (131,326) (127,316)
(131,326) (127,316)
Net current (liabilities)/assets (130,454) (127,316)
Total assets less current liabilities 169,546 182,684
Non-current liabilities
Creditors: Amounts falling due after more than one year (182,700) (182,700)
Provisions for liabilities - (1,028)
Net (liabilities)/assets (13,154) (1,044)
Capital and reserves
Called up share capital 2 2
Retained earnings (13,156) (1,046)
Shareholder's funds (13,154) (1,044)
For the year ended 31 August 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006.
The directors have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibility for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the special provisions of the Companies Act 2006 applicable to companies subject to the small companies' regime and in accordance with FRS 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" Section 1A.
The profit and loss account has not been delivered to the Registrar of Companies in accordance with the special provisions applicable to companies subject to the small entities regime. All the members of the company have consented to the drawing up of the abridged balance sheet.
  • For the year ended 31 August 2024 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 in accordance with section 476 of the Companies Act 2006.
  • The directors acknowledge their responsibility for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
  • These accounts 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 profit and loss account has not been delivered to the Registrar of Companies.
Approved by the Board on 16 May 2025
.............................
Parthasarathy Srinivasa Commandur (Director)
Company registration number: 10404784
/* == Copy of Frs105 Balance Sheet for XML COntent ============================================================ */
Balance sheet at 2024-08-31 31 August 2024
2024 2023
£ £
Fixed Assets 300,000 310,000
Creditors: amounts falling due within one year (131,326) (127,316)
Net current assets/(liabilities) (131,326) (127,316)
Total assets less current liabilities 168,674 182,684
CREDITORS: Amounts falling due more than one year (182,700) (182,700)
Provisions for liabilities 872 (1,028)
Net Assets/(liabilities) (13,154) (1,044)
Capital and Reserves (13,154) (1,044)
For the year ending 31/08/2024 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. For the year ending 31-08-2024 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit for the year in accordance with section 476.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts. The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the small companies provisions and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
Approved by the board of directors on 16 May 2025 2025-05-16 and signed on behalf of the board,
.............................
Parthasarathy Srinivasa Commandur
Director
Company registration number: 10404784
Rutland House 1 Limited
Notes to the Financial Statements
For the year ended 31 August 2024

(1) General Information
The company is a private company limited by shares and is registered in England and Wales. The address of the registered office is Ash House, 1 Deerswood, Maidenhead, United Kingdom, SL6 8XF.

(2) Statement of compliance
These individual financial statements have been prepared in accordance with FRS 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" Section 1A and Companies Act 2006, as applicable to companies subject to the small companies' regime.

(3) Significant Accounting Policies
Basis of Preparation
The financial statements have been prepared on the historical cost basis and in accordance with the Companies Act 2006. The presentation and functional currency of the company is pounds sterling. The financial statements are presented in pound units (£) unless stated otherwise.
Rental income
Rental income from operating leases are recognised on a straight-line basis over the term of the relevant lease. Rental Income is included within other income from fixed assets.
Borrowing costs
All borrowing related costs are included within the statement of income in the period in which they are incurred using the effective interest method.
Financial instruments
The company only enters into basic financial instruments transactions that result in the recognition of financial assets and liabilities like trade and other debtors, cash and cash equivalents, trade and other payables, and loans and borrowings.

Financial assets and financial liabilities are recognised when the company becomes a party to the contractual provisions of the instruments. Financial assets and financial liabilities are initially measured at fair value.
Loans and borrowings
These are initially recognised at fair value, based upon the nominal amount outstanding. Subsequent to initial recognition, they are recorded at amortised cost. Borrowing costs arising on bank borrowings are expensed as incurred within financial expense using the effective interest method.
Effective interest method
The effective interest method is a method of calculating the amortised cost of a financial liability and of allocating interest expense over the relevant period. The effective interest rate is the rate that exactly discounts estimated future cash payments (including all fees and points paid or received that form an integral part of the effective interest rate, transaction costs and other premiums or discounts) through the expected life of the financial liability, or where appropriate a shorter period, to the net carrying amount on initial recognition.
Taxation
Taxation expense represents the aggregate amount of current tax and deferred tax recognised in the reporting period.
Deferred Tax
A deferred tax asset or liability is recognised for tax recoverable or payable in future periods in respect of transactions and events recognised in the financial statements of current and previous periods.

Deferred tax arises from timing differences that are differences between taxable profits and total comprehensive income as stated in the financial statements. Timing differences result from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in the financial statements.

Deferred tax is recognised on all timing differences at the reporting date apart from certain exceptions. Unrelieved tax losses and other deferred tax assets are only recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Deferred tax liabilities and assets are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period.
Investments
Investment properties are included in the financial statements at open market value. No depreciation is provided on such property in compliance with the Financial Reporting Standard for Smaller Entities. This departure from Companies Act requirements is necessary to show a true and fair view.

(4) Employees
During the year, the average number of employees including director was 0 (2023 : 0).

(5) Related party transactions
We Nest Holdings Limited is related party by the virtue of having same shareholder. The balance owes to this relating party was £65,848 as on 31/08/2024. (2023: £59,460)

(6) Fixed assets
Investments
Property
£
Cost
As at 01 September 2023310,000
Revaluation(10,000)
As at 31 August 2024300,000
Depreciation/Amortisation
As at 31 August 2024-
Net book value
As at 31 August 2024300,000
As at 31 August 2023310,000

(7) Mortgage (Creditors > 1 Year)
The mortgage is secured by the properly known as 9, Rutland House, 57-59 South Street, EPSOM, KT18 7PR.

(8) Investment Properties Revaluation
These financial statements for the year ended 31st August 2024 are the financial statements of the company prepared in accordance with FRS 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland".

The property is being measured at fair value under FRS 102 and fair value gains and losses are reported in profit or loss.

FRS 102 also requires deferred tax to be accounted for on assets that are subject to revaluation. Consequently, deferred tax of £1,900 was recognised at 31st August 2024 to reflect the provisions of FRS 102.

The loss on revaluation at 31st August 2024 has been reported in profit or loss and the effect on profit for the yearended 31st August 2024 is decrease in the profit for the amount £8,100 is after deferred tax.