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Company Registration No. 15578695 (England and Wales)
Ruthode Properties Limited Unaudited accounts for the period from 20 March 2024 to 31 March 2025
Ruthode Properties Limited Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
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Ruthode Properties Limited Company Information for the period from 20 March 2024 to 31 March 2025
Directors
Olufunke Ruth ODEJIMI Olusegun Oladapo ODEJIMI
Company Number
15578695 (England and Wales)
Accountants
Johnson Olanrewaju High Glory Associates London House, Suite 1, Thames road. Slade Green. Dartford Dartford, Kent DA1 14SL
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Ruthode Properties Limited Statement of financial position as at 31 March 2025
2025
Notes
£
Fixed assets
Tangible assets
4
194,000
Net current assets
-
Total assets less current liabilities
194,000
Creditors: amounts falling due after more than one year
5
(204,951)
Net liabilities
(10,951)
Capital and reserves
Called up share capital
6
100
Profit and loss account
(11,051)
Shareholders' funds
(10,951)
For the period ending 31 March 2025 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 responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered 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.
The financial statements were approved by the Board of Directors and authorised for issue on 20 December 2025 and were signed on its behalf by
Olufunke Ruth ODEJIMI Director Company Registration No. 15578695
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Ruthode Properties Limited Notes to the Accounts for the period from 20 March 2024 to 31 March 2025
1
Statutory information
Ruthode Properties Limited is a private company, limited by shares, registered in England and Wales, registration number 15578695.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Land & buildings
1% Depreciation provision to made every year
4
Tangible fixed assets
Land & buildings
£
Cost or valuation
At cost
At 20 March 2024
-
Additions
194,000
At 31 March 2025
194,000
Depreciation
At 31 March 2025
-
Net book value
At 31 March 2025
194,000
5
Creditors: amounts falling due after more than one year
2025
£
Bank loans
151,500
Amounts owed to group undertakings and other participating interests
37,500
Other creditors
10,951
Loans from directors
5,000
204,951
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Ruthode Properties Limited Notes to the Accounts for the period from 20 March 2024 to 31 March 2025
6
Share capital
2025
£
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100
7
Average number of employees
During the period the average number of employees was 2.
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