REGISTERED NUMBER: |
Unaudited Financial Statements for the Year Ended 30 April 2017 |
for |
A.G. Rutter Limited |
REGISTERED NUMBER: |
Unaudited Financial Statements for the Year Ended 30 April 2017 |
for |
A.G. Rutter Limited |
A.G. Rutter Limited (Registered number: 02644078) |
Contents of the Financial Statements |
for the Year Ended 30 April 2017 |
Page |
Company Information | 1 |
Balance Sheet | 2 |
Notes to the Financial Statements | 4 |
Report of the Accountants | 7 |
A.G. Rutter Limited |
Company Information |
for the Year Ended 30 April 2017 |
DIRECTOR: |
REGISTERED OFFICE: |
REGISTERED NUMBER: |
ACCOUNTANTS: |
24 Picton House |
Hussar Court |
Waterlooville |
Hampshire |
PO7 7SQ |
A.G. Rutter Limited (Registered number: 02644078) |
Balance Sheet |
30 April 2017 |
30.4.17 | 30.4.16 |
Notes | £ | £ | £ | £ |
FIXED ASSETS |
Tangible assets | 4 |
CURRENT ASSETS |
Stocks | 5 |
Debtors | 6 |
Cash at bank and in hand |
CREDITORS |
Amounts falling due within one year | 7 |
NET CURRENT ASSETS |
TOTAL ASSETS LESS CURRENT LIABILITIES |
CREDITORS |
Amounts falling due after more than one year |
8 |
( |
) |
( |
) |
PROVISIONS FOR LIABILITIES | ( |
) | ( |
) |
NET ASSETS |
CAPITAL AND RESERVES |
Called up share capital |
Share premium |
Retained earnings |
SHAREHOLDERS' FUNDS |
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. |
A.G. Rutter Limited (Registered number: 02644078) |
Balance Sheet - continued |
30 April 2017 |
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered. |
The financial statements were approved by the director on |
A.G. Rutter Limited (Registered number: 02644078) |
Notes to the Financial Statements |
for the Year Ended 30 April 2017 |
1. | STATUTORY INFORMATION |
A.G. Rutter Limited is a |
registered number and registered office address can be found on the Company Information page. |
2. | ACCOUNTING POLICIES |
Basis of preparing the financial statements |
First time adoption of FRS 102 |
These financial statements are the first financial statements of A.G. Rutter Limited prepared in accordance with |
Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of |
Ireland' (FRS 102). The financial statements of A.G. Rutter Limited for the year ended 30 April 2016 were |
prepared in accordance with previous UK GAAP. |
Some of the FRS 102 recognition, measurement, presentation and disclosure requirements and accounting policy |
choices differ from previous UK GAAP. Consequently, the directors have amended certain accounting policies |
to comply with FRS 102. The directors have also taken advantage of certain exemptions from the requirements |
of FRS 102 permitted by FRS 102 Chapter 35 'Transition to this FRS'. |
Monetary amounts in these financial statements are rounded to the nearest whole £1, except where otherwise |
indicated. |
Turnover |
Turnover represents net invoiced sales of services, excluding value added tax. |
Tangible fixed assets |
Plant and machinery | - |
Fixtures and fittings | - |
Motor vehicles | - |
Stocks |
Work in progress is valued at the lower of cost and net realisable value. |
Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in |
bringing stocks to their present location and condition. |
Hire purchase and leasing commitments |
Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held |
under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases |
are depreciated over their estimated useful lives or the lease term, whichever is the shorter. |
The interest element of these obligations is charged to profit or loss over the relevant period. The capital element |
of the future payments is treated as a liability. |
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 |
A.G. Rutter Limited (Registered number: 02644078) |
Notes to the Financial Statements - continued |
for the Year Ended 30 April 2017 |
4. | TANGIBLE FIXED ASSETS |
Fixtures |
Plant and | and | Motor |
machinery | fittings | vehicles | Totals |
£ | £ | £ | £ |
COST |
At 1 May 2016 |
Additions |
At 30 April 2017 |
DEPRECIATION |
At 1 May 2016 |
Charge for year |
At 30 April 2017 |
NET BOOK VALUE |
At 30 April 2017 |
At 30 April 2016 |
Fixed assets, included in the above, which are held under hire purchase contracts are as follows: |
Motor |
vehicles |
£ |
COST |
At 1 May 2016 |
and 30 April 2017 |
DEPRECIATION |
At 1 May 2016 |
Charge for year |
At 30 April 2017 |
NET BOOK VALUE |
At 30 April 2017 |
At 30 April 2016 |
5. | STOCKS |
30.4.17 | 30.4.16 |
£ | £ |
Work-in-progress |
6. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
30.4.17 | 30.4.16 |
£ | £ |
Trade debtors |
Amounts owed by group undertakings |
Other debtors |
A.G. Rutter Limited (Registered number: 02644078) |
Notes to the Financial Statements - continued |
for the Year Ended 30 April 2017 |
7. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
30.4.17 | 30.4.16 |
£ | £ |
Hire purchase contracts |
Trade creditors |
Taxation and social security |
Other creditors |
8. | CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR |
30.4.17 | 30.4.16 |
£ | £ |
Hire purchase contracts |
9. | ULTIMATE CONTROLLING PARTY |
The ultimate controlling party is Mr A G Rutter (director). |
10. | FIRST YEAR ADOPTION |
The company transitioned to FRS 102 from previously extant UK GAAP as at 1 May 2016. |
There has been no impact on the equity of the company or the profit previously reported as a result of the |
transition. |
A.G. Rutter Limited |
Report of the Accountants to the Director of |
A.G. Rutter Limited |
The following reproduces the text of the report prepared for the director in respect of the company's annual |
unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file |
a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the |
Report of the Director are not required to be filed with the Registrar of Companies. |
As described on the Balance Sheet you are responsible for the preparation of the financial statements for the year ended 30 April 2017 set out on pages three to ten and you consider that the company is exempt from an audit. |
In accordance with your instructions, we have compiled these unaudited financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and information and explanations supplied to us. |
24 Picton House |
Hussar Court |
Waterlooville |
Hampshire |
PO7 7SQ |
Date: ............................................. |