Abbreviated Company Accounts - RUFUS INVESTMENTS LIMITED

RUFUS INVESTMENTS LIMITED - Company Information

07756064 RUFUS INVESTMENTS LIMITED 2014-08-31 false 2013-09-01 2014-08-31 true 07756064 2013-09-01 2014-08-31 07756064 2014-08-31 07756064 2013-08-31 07756064 uk-gaap-cd-bus:Director1 2013-09-01 2014-08-31 07756064 uk-gaap-cd-bus:Director2 2013-09-01 2014-08-31 uk-gaap-cd-bus:OrdinaryShareClass1 2013-09-01 2014-08-31 uk-gaap-cd-bus:OrdinaryShareClass1 2014-08-31 uk-gaap-cd-bus:OrdinaryShareClass1 2013-08-31 iso4217:GBP shares

Registered Number 07756064

RUFUS INVESTMENTS LIMITED

Abbreviated Accounts

31 August 2014

RUFUS INVESTMENTS LIMITED Registered Number 07756064

Abbreviated Balance Sheet as at 31 August 2014

	Notes	2014	2013
		£	£
Fixed assets
Investments	2	771,728	771,728
		771,728	771,728
Current assets
Debtors		9,671	20,131
Cash at bank and in hand		2,543	7,857
		12,214	27,988
Creditors: amounts falling due within one year		(272,585)	(256,494)
Net current assets (liabilities)		(260,371)	(228,506)
Total assets less current liabilities		511,357	543,222
Creditors: amounts falling due after more than one year		(532,886)	(542,941)
Total net assets (liabilities)		(21,529)	281
Capital and reserves
Called up share capital	3	1	1
Profit and loss account		(21,530)	280
Shareholders' funds		(21,529)	281

For the year ending 31 August 2014 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.
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 provisions applicable to companies subject to the small companies regime.

Approved by the Board on 27 May 2015

And signed on their behalf by:
A Radley Esq., Director

RUFUS INVESTMENTS LIMITED Registered Number 07756064

Notes to the Abbreviated Accounts for the period ended 31 August 2014

1Accounting Policies

Basis of measurement and preparation of accounts
The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities effective April 2008.

Turnover policy
Turnover for the period represents rents due to the company.

Other accounting policies
Investment Property

This policy represents a departure from statutory accounting principles which require depreciation to be provided on all fixed assets. The directors consider that this policy is necessary in order that the financial statements give a true and fair view because current values and changes in current values are of prime importance rather than the calculation of systematic annual depreciation.
At 31st August 2014 the directors conducted a review of the open market value of the portfolio based on advice provided by the agents who manage the properties on the company's behalf.

Deferred Tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

2Fixed assets Investments
Investment Property

Cost
At 1st September 2013 and 31st August 2014 - Total £771,728

Net Book Value
At 31st August 2013 and 31st August 2014 - Total £771,728

3Called Up Share Capital
Allotted, called up and fully paid:

	2014 £	2013 £
1 Ordinary shares of £1 each	1	1