REGISTERED NUMBER: 00996967 (England and Wales)

RUTHKAY LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 OCTOBER 2025

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

3

to

6

DIRECTOR:

M J Alcock

SECRETARY:

B Alcock

REGISTERED OFFICE:

60A North Street

Crowland

Peterborough

Cambridgeshire

PE6 0EF

REGISTERED NUMBER:

00996967 (England and Wales)

ACCOUNTANTS:

Duncan & Toplis Limited

14 All Saints Street

Stamford

Lincolnshire

PE9 2PA

FIXED ASSETS

Tangible assets

4

1,132,482

1,160,511

CURRENT ASSETS

Stocks

453,706

540,277

Debtors

5

103,492

65,414

Cash at bank and in hand

691,520

497,683

1,248,718

1,103,374

CREDITORS

Amounts falling due within one year

6

456,805

489,453

NET CURRENT ASSETS

791,913

613,921

TOTAL ASSETS LESS CURRENT LIABILITIES

1,924,395

1,774,432

CREDITORS

Amounts falling due after more than one year

7

(102,910

)

(109,756

)

PROVISIONS FOR LIABILITIES

(59,380

)

(59,380

)

NET ASSETS

1,762,105

1,605,296

CAPITAL AND RESERVES

Called up share capital

9

2

2

Other reserves

10

315,749

315,749

Retained earnings

1,446,354

1,289,545

SHAREHOLDERS' FUNDS

1,762,105

1,605,296

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 October 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

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 Profit and loss account has not been delivered.

The financial statements were approved and authorised for issue by the director and authorised for issue on 29 April 2026 and were signed by:

M J Alcock - Director

1.	STATUTORY INFORMATION

Ruthkay 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.

Turnover

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

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Land and buildings

-

25% on cost and 5% on cost

Plant and machinery etc

-

33% on cost, 25% on reducing balance and 5% on cost

No depreciation has been provided on the freehold investment property.

Stocks

Stocks are valued at the lower of cost and fair value less costs to complete and sell, after making due allowance for obsolete and slow moving items.

Financial instruments

The company has chosen to adopt the FRS 102A in respect of financial instruments.

Basic financial assets, including trade and other debtors and cash and bank balances are initially recognised at transaction price, unless the arrangement constitute a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest.

At the end of each reporting period, financial assets measured at amortised cost are assessed for objective evidence of impairment. If an asset is impaired, the impairment loss is the difference between the carrying amount and the present value of the estimated cash flows discounted at the asset's original effective interest rate. The impairment loss is recognised in the income statement.

Debt instruments are subsequently carried at amortised cost, using the effective interest rate method.

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Profit and loss account, 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 statement of financial position date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

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 the profit and loss account in the period to which they relate.

Investment property

Investment properties are measured at fair value at each reporting date with changes in fair value recognised in the income statement and the revaluation reserve. No depreciation is provided in respect of investment properties.

The aggregate surplus on re-measurement of investment properties, net of associated deferred tax, is transferred to a separate non-distributable revaluation reserve in order to assist with the identification of profits available for distribution.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 9 (2024 - 9 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

Land and

machinery

buildings

etc

Totals

£

£

£

COST OR VALUATION

At 1 November 2024

1,085,136

403,237

1,488,373

Additions

-

923

923

At 31 October 2025

1,085,136

404,160

1,489,296

DEPRECIATION

At 1 November 2024

59,371

268,491

327,862

Charge for year

10,830

18,122

28,952

At 31 October 2025

70,201

286,613

356,814

NET BOOK VALUE

At 31 October 2025

1,014,935

117,547

1,132,482

At 31 October 2024

1,025,765

134,746

1,160,511

Cost or valuation at 31 October 2025 is represented by:

Plant and

Land and

machinery

buildings

etc

Totals

£

£

£

Valuation in 2022

373,438

-

373,438

Cost

711,698

404,160

1,115,858

1,085,136

404,160

1,489,296

In the opinion of the director at 31 October 2025 the open market value of the investment properties was not significantly different to this valuation.

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

59,741

18,542

Other debtors

43,751

46,872

103,492

65,414

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade creditors

82,578

54,611

Taxation and social security

15,746

35,178

Other creditors

358,481

399,664

456,805

489,453

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Other creditors

102,910

109,756

Amounts falling due in more than five years:

Repayable by instalments

Other loans more 5yrs instal

78,652

88,621

8.	SECURED DEBTS

The following secured debts are included within creditors:

2025

2024

£

£

Other loans

108,975

115,040

Loans are secured upon land that is personally owned by the director. Hire purchase creditors are secured on the assets to which they relate.

9.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2025

2024

value:

£

£

2

Ordinary

£1

2

2

10.

RESERVES

Other

reserves

£

At 1 November 2024

and 31 October 2025

315,749

The aggregate surplus on re-measurement of investment properties, net of associated deferred tax, is transferred to a separate non-distributable revaluation reserve in order to assist with the identification of profits available for distribution.

11.	OTHER FINANCIAL COMMITMENTS

At the balance sheet date the company had operating lease commitments over the remaining life of the leases totalling £50,924 (2024: £61,460).