1 March 2022 false No description of principal activity Taxfiler 2023.8 12484624business:PrivateLimitedCompanyLtd2022-03-012023-02-28 124846242022-02-28 124846242022-03-012023-02-28 12484624business:AuditExempt-NoAccountantsReport2022-03-012023-02-28 12484624business:FilletedAccounts2022-03-012023-02-28 124846242023-02-28 12484624business:Director12022-03-012023-02-28 12484624business:RegisteredOffice2022-03-012023-02-28 124846242022-02-28 12484624core:WithinOneYear2023-02-28 12484624core:WithinOneYear2022-02-28 12484624core:AfterOneYear2023-02-28 12484624core:AfterOneYear2022-02-28 12484624core:ShareCapitalcore:PreviouslyStatedAmount2023-02-28 12484624core:ShareCapitalcore:PreviouslyStatedAmount2022-02-28 12484624core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-02-28 12484624core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2022-02-28 12484624core:PreviouslyStatedAmount2023-02-28 12484624core:PreviouslyStatedAmount2022-02-28 12484624business:SmallEntities2022-03-012023-02-28 12484624countries:EnglandWales2022-03-012023-02-28 12484624core:ComputerEquipment2022-03-012023-02-28 12484624core:ComputerEquipment2022-02-28 12484624core:ComputerEquipment2023-02-28 124846242021-03-012022-02-28 iso4217:GBP xbrli:pure
Company Registration No. 12484624 (England and Wales)
Joe Ruby Properties Limited Unaudited accounts for the year ended 28 February 2023
Joe Ruby Properties Limited Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
- 2 -
Joe Ruby Properties Limited Company Information for the year ended 28 February 2023
Director
Paula Alexandra Stead
Company Number
12484624 (England and Wales)
Registered Office
29a Holderness Road Hull HU8 7NA England
- 3 -
Joe Ruby Properties Limited Statement of financial position as at 28 February 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
4
799 
- 
Investment property
5
644,685 
448,235 
645,484 
448,235 
Current assets
Debtors
6
4,503 
- 
Cash at bank and in hand
31,576 
13,429 
36,079 
13,429 
Creditors: amounts falling due within one year
7
(216,367)
(137,860)
Net current liabilities
(180,288)
(124,431)
Total assets less current liabilities
465,196 
323,804 
Creditors: amounts falling due after more than one year
8
(448,389)
(309,963)
Net assets
16,807 
13,841 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
16,707 
13,741 
Shareholders' funds
16,807 
13,841 
For the year ending 28 February 2023 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 director acknowledges his 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 and authorised for issue on 14 September 2023 and were signed on its behalf by
Paula Alexandra Stead Director Company Registration No. 12484624
- 4 -
Joe Ruby Properties Limited Notes to the Accounts for the year ended 28 February 2023
1
Statutory information
Joe Ruby Properties Limited is a private company, limited by shares, registered in England and Wales, registration number 12484624. The registered office is 29a Holderness Road, Hull, HU8 7NA, England.
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 remained unchanged from the previous year, and also 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:
Computer equipment
20% on cost
4
Tangible fixed assets
Computer equipment 
£ 
Cost or valuation
At cost 
At 1 March 2022
- 
Additions
999 
At 28 February 2023
999 
Depreciation
Charge for the year
200 
At 28 February 2023
200 
Net book value
At 28 February 2023
799 
5
Investment property
2023 
£ 
Fair value at 1 March 2022
448,235 
Additions
196,450 
At 28 February 2023
644,685 
- 5 -
Joe Ruby Properties Limited Notes to the Accounts for the year ended 28 February 2023
6
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
VAT
705 
- 
Trade debtors
1,500 
- 
Other debtors
2,298 
- 
4,503 
- 
7
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Bank loans and overdrafts
8,278 
8,278 
Taxes and social security
507 
2,753 
Other creditors
76,600 
- 
Loans from directors
130,142 
125,989 
Accruals
840 
840 
216,367 
137,860 
8
Creditors: amounts falling due after more than one year
2023 
2022 
£ 
£ 
Bank loans
448,389 
309,963 
9
Average number of employees
During the year the average number of employees was 1 (2022: 1).
- 6 -