2023-11-01 SC068237 2024-10-31 SC068237 2023-11-01 2024-10-31 SC068237 2023-10-31 SC068237 2022-11-01 2023-10-31 SC068237 uk-core:WithinOneYear 2023-10-31 SC068237 uk-core:WithinOneYear 2024-10-31 SC068237 uk-core:ShareCapital 2024-10-31 SC068237 uk-core:ShareCapital 2023-10-31 SC068237 uk-core:RetainedEarningsAccumulatedLosses 2024-10-31 SC068237 uk-core:RetainedEarningsAccumulatedLosses 2023-10-31 SC068237 uk-bus:Director1 2023-11-01 2024-10-31 SC068237 uk-core:FurnitureFittings 2023-11-01 2024-10-31 SC068237 uk-core:FurnitureFittings 2023-10-31 SC068237 uk-core:Buildings 2023-10-31 SC068237 uk-core:Buildings 2024-10-31 SC068237 uk-core:FurnitureFittings 2024-10-31 SC068237 uk-core:Buildings 2023-11-01 2024-10-31 SC068237 uk-core:CostValuation 2023-10-31 SC068237 uk-core:CostValuation uk-core:Non-currentFinancialInstruments 2023-10-31 SC068237 uk-core:AdditionsToInvestments 2024-10-31 SC068237 uk-core:AdditionsToInvestments uk-core:Non-currentFinancialInstruments 2024-10-31 SC068237 uk-core:DisposalsRepaymentsInvestments 2024-10-31 SC068237 uk-core:DisposalsRepaymentsInvestments uk-core:Non-currentFinancialInstruments 2024-10-31 SC068237 uk-core:RevaluationsIncreaseDecreaseInInvestments 2024-10-31 SC068237 uk-core:RevaluationsIncreaseDecreaseInInvestments uk-core:Non-currentFinancialInstruments 2024-10-31 SC068237 uk-core:CostValuation uk-core:Non-currentFinancialInstruments 2024-10-31 SC068237 uk-core:CostValuation 2024-10-31 SC068237 uk-core:Non-currentFinancialInstruments 2024-10-31 SC068237 uk-core:Non-currentFinancialInstruments 2023-10-31 SC068237 uk-core:WithinOneYear 2023-11-01 2024-10-31 SC068237 3 uk-bus:Director2 2023-11-01 2024-10-31 SC068237 3 uk-bus:Director2 2024-10-31 SC068237 3 uk-bus:Director2 2023-10-31 iso4217:GBP xbrli:pure SC068237 uk-bus:AuditExemptWithAccountantsReport 2023-11-01 2024-10-31 SC068237 uk-bus:FRS102 2023-11-01 2024-10-31 SC068237 uk-bus:FilletedAccounts 2023-11-01 2024-10-31 SC068237 uk-bus:PrivateLimitedCompanyLtd 2023-11-01 2024-10-31
Rutherford Morison Limited
Registered Number:SC068237
For the year ended 31 October 2024
Scotland
Unaudited Financial Statements
2
For the year ended 31 October 2024
Rutherford Morison Limited
Contents Page
1
Statement of Financial Position
2 to 4
Notes to the Financial Statements
3
Registered Number :
SC068237
As at 31 October 2024
Rutherford Morison Limited
Statement of Financial Position
£
£
2023
2024
Notes
Fixed assets
Property, plant and equipment
210,320
210,547
2
Financial assets
830,179
863,954
3
1,074,274
1,040,726
Current assets
Trade and other receivables
24,423
126
4
62,031
Cash and cash equivalents
170,266
170,392
86,454
Trade and other payables: amounts falling due within one
year
(900)
(2,498)
5
85,554
167,894
Net current assets
Total assets less current liabilities
1,242,168
1,126,280
1,242,168
Net assets
1,126,280
Capital and reserves
Called up share capital
18,000
18,000
Retained earnings
1,224,168
1,108,280
1,242,168
1,126,280
Shareholders' funds
For the year ended 31 October 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 of its financial statements for the year ended 31 October 2024 in accordance with Section 476 of the Companies Act 2006
The directors acknowledge their responsibilities for:a) ensuring that the company keeps proper 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 Section
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.
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.
The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
Mrs K E M Gordon Director
These financial statements were approved and authorised for issue by the Board on 01 June 2025 and were signed by:
The notes form part of these financial statements
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4
For the year ended 31 October 2024
Rutherford Morison Limited
Notes to the Financial Statements
Statutory Information
Rutherford Morison Limited is a private limited company, limited by shares, domiciled in Scotland, registration number
SC068237.
Registered address:
Craigforth Cottage Chapel Green
Earlsferry
Leven
Fife
KY9 1AD
The presentation currency is £ sterling.
1. Accounting policies
Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A of Financial
Reporting Standard 102 ''The Financial Reporting Standard applicable in the UK and Republic of Ireland'' and the
Companies Act 2006. The financial statements have been prepared under the historical costs convention as
modified by the revaluation of certain assets.
Revenue recognition
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax or other similar sales taxes.
Property, plant and equipment
Property, plant and equipment, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:
15% Straight line
Furniture and Fittings
Investment property
The directors have considered the value of investment properties and are of the opinion that the properties are included at a fair market value at the balance sheet date.
Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme for the benefit of its directors/and employees. Contributions payable are charged to the profit and loss account in the period in which they are payable.
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5
For the year ended 31 October 2024
Rutherford Morison Limited
Notes to the Financial Statements Continued
2. Property, plant and equipment
Total
Furniture and
Fittings
Land and
Buildings
£
£
£
Cost or
valuation
At 01 November 2023
215,323
5,323
210,000
At 31 October 2024
210,000
5,323
215,323
Provision for depreciation and impairment
At 01 November 2023
4,776
4,776
-
Charge for year
227
227
-
At 31 October 2024
5,003
5,003
-
At 31 October 2024
Net book value
210,000
320
210,320
At 31 October 2023
210,000
547
210,547
3. Investments held as fixed assets
Other investments
Total
At 01 November 2023
830,179
830,179
Cost
£
£
131,073
131,073
Additions
Disposals/Repayments
(195,159)
(195,159)
97,861
97,861
Revaluations
At 31 October 2024
863,954
863,954
At 31 October 2024
Net book value
863,954
863,954
At 01 November 2023
830,179
830,179
4. Trade and other receivables
2023
2024
£
£
Other debtors
126
24,423
Short-term debtors are measured at fair value at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and measured subsequently at amortised cost using the effective interest method, less any impairment.
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6
For the year ended 31 October 2024
Rutherford Morison Limited
Notes to the Financial Statements Continued
5. Trade and other payables: amounts falling due within one year
2023
2024
£
£
Taxation and social security
893
-
Other creditors
1,605
900
2,498
900
Short-term creditors are measured at the transaction price. Other financial laibilities, 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.
6. Directors advances and guarantees
At 01/11/2023
Repaid
At 31/10/2024
£
£
£
Ms G L R Morison
Short Term Loan
-
25,000
25,000
-
25,000
25,000
7. Average number of persons employed
During the year the average number of employees was 2 (2023 : 2)
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