1 June 2022 false No description of principal activity Taxfiler 2023.9 10185786business:PrivateLimitedCompanyLtd2022-06-012023-05-31 101857862022-05-31 101857862022-06-012023-05-31 10185786business:AuditExemptWithAccountantsReport2022-06-012023-05-31 10185786business:FilletedAccounts2022-06-012023-05-31 101857862023-05-31 10185786business:Director12022-06-012023-05-31 10185786business:RegisteredOffice2022-06-012023-05-31 101857862022-05-31 10185786core:WithinOneYear2023-05-31 10185786core:WithinOneYear2022-05-31 10185786core:AfterOneYear2023-05-31 10185786core:AfterOneYear2022-05-31 10185786core:ShareCapitalcore:PreviouslyStatedAmount2023-05-31 10185786core:ShareCapitalcore:PreviouslyStatedAmount2022-05-31 10185786core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-05-31 10185786core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2022-05-31 10185786core:PreviouslyStatedAmount2023-05-31 10185786core:PreviouslyStatedAmount2022-05-31 10185786business:SmallEntities2022-06-012023-05-31 10185786countries:EnglandWales2022-06-012023-05-31 10185786core:PlantMachinery2022-06-012023-05-31 10185786core:MotorVehicles2022-06-012023-05-31 10185786core:FurnitureFittings2022-06-012023-05-31 10185786core:Goodwill2022-05-31 10185786core:Goodwill2023-05-31 10185786core:Goodwill2022-06-012023-05-31 10185786core:PlantMachinery2022-05-31 10185786core:MotorVehicles2022-05-31 10185786core:FurnitureFittings2022-05-31 10185786core:ComputerEquipment2022-05-31 10185786core:ComputerEquipment2022-06-012023-05-31 10185786core:PlantMachinery2023-05-31 10185786core:MotorVehicles2023-05-31 10185786core:FurnitureFittings2023-05-31 10185786core:ComputerEquipment2023-05-31 10185786business:OrdinaryShareClass12022-06-012023-05-31 10185786business:OrdinaryShareClass12021-06-012022-05-31 101857862021-06-012022-05-31 iso4217:GBP xbrli:shares xbrli:pure
Company Registration No. 10185786 (England and Wales)
Ruby Lane Limited Amended unaudited accounts for the year ended 31 May 2023
Ruby Lane Limited Amended unaudited accounts Contents
Page
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Ruby Lane Limited Company Information for the year ended 31 May 2023
Director
Serena Jebb
Company Number
10185786 (England and Wales)
Registered Office
40 WESTMORLAND AVENUE AYLESBURY BUCKS HP21 7HW UNITED KINGDOM
Accountants
CS Scott Accounting LLP Suite 1, Hardy House Northbridge Road Berkhamsted Hertfordshire HP4 1EF
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Ruby Lane Limited Statement of financial position as at 31 May 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Intangible assets
- 
12,000 
Tangible assets
18,736 
22,465 
18,736 
34,465 
Current assets
Inventories
15,300 
15,300 
Debtors
12,914 
14,109 
Cash at bank and in hand
123,626 
120,405 
151,840 
149,814 
Creditors: amounts falling due within one year
(78,802)
(71,923)
Net current assets
73,038 
77,891 
Total assets less current liabilities
91,774 
112,356 
Creditors: amounts falling due after more than one year
(42,748)
(82,748)
Net assets
49,026 
29,608 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
48,926 
29,508 
Shareholders' funds
49,026 
29,608 
For the year ending 31 May 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 her 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 31 October 2023 and were signed on its behalf by
Serena Jebb Director Company Registration No. 10185786
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Ruby Lane Limited Notes to the Accounts for the year ended 31 May 2023
1
Statutory information
Ruby Lane Limited is a private company, limited by shares, registered in England and Wales, registration number 10185786. The registered office is 40 WESTMORLAND AVENUE, AYLESBURY, BUCKS, HP21 7HW, UNITED KINGDOM.
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.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
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:
Plant & machinery
25% on reducing balance
Motor vehicles
25% on reducing balance
Fixtures & fittings
3 years
Intangible fixed assets
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
Leased assets
Assets held under finance leases and hire purchase contracts are capitalised and depreciated over their useful lives. The corresponding lease or hire purchase obligation is treated in the balance sheet as a liability. The interest element of rental obligations is charged to the profit and loss account over the period of the lease at a constant proportion of the outstanding balance of capital repayments.
Pension costs
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
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Ruby Lane Limited Notes to the Accounts for the year ended 31 May 2023
4
Intangible fixed assets
Goodwill 
£ 
Cost
At 1 June 2022
119,999 
At 31 May 2023
119,999 
Amortisation
At 1 June 2022
107,999 
Charge for the year
12,000 
At 31 May 2023
119,999 
Net book value
At 31 May 2023
- 
At 31 May 2022
12,000 
5
Tangible fixed assets
Plant & machinery 
Motor vehicles 
Fixtures & fittings 
Computer equipment 
Total 
£ 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At cost 
At 1 June 2022
44,564 
29,201 
333 
513 
74,611 
Additions
1,824 
- 
- 
928 
2,752 
At 31 May 2023
46,388 
29,201 
333 
1,441 
77,363 
Depreciation
At 1 June 2022
33,598 
18,165 
333 
50 
52,146 
Charge for the year
3,507 
2,759 
- 
215 
6,481 
At 31 May 2023
37,105 
20,924 
333 
265 
58,627 
Net book value
At 31 May 2023
9,283 
8,277 
- 
1,176 
18,736 
At 31 May 2022
10,966 
11,036 
- 
463 
22,465 
6
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
Trade debtors
6,273 
8,138 
Accrued income and prepayments
3,641 
5,971 
Other debtors
3,000 
- 
12,914 
14,109 
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Ruby Lane Limited Notes to the Accounts for the year ended 31 May 2023
7
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Bank loans and overdrafts
850 
- 
VAT
21,718 
31,163 
Trade creditors
27,269 
11,794 
Taxes and social security
16,671 
15,473 
Other creditors
12,300 
13,549 
Loans from directors
(6)
(56)
78,802 
71,923 
8
Creditors: amounts falling due after more than one year
2023 
2022 
£ 
£ 
Other creditors
42,748 
82,748 
9
Share capital
2023 
2022 
£ 
£ 
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100 
100 
10
Average number of employees
During the year the average number of employees was 22 (2022: 22).
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