1 February 2022 false No description of principal activity Taxfiler 2023.10 09408649business:PrivateLimitedCompanyLtd2022-02-012023-01-31 094086492022-01-31 094086492022-02-012023-01-31 09408649business:AuditExemptWithAccountantsReport2022-02-012023-01-31 09408649business:FilletedAccounts2022-02-012023-01-31 094086492023-01-31 09408649business:Director12022-02-012023-01-31 09408649business:Director22022-02-012023-01-31 09408649business:RegisteredOffice2022-02-012023-01-31 094086492022-01-31 09408649core:WithinOneYear2023-01-31 09408649core:WithinOneYear2022-01-31 09408649core:ShareCapitalcore:PreviouslyStatedAmount2023-01-31 09408649core:ShareCapitalcore:PreviouslyStatedAmount2022-01-31 09408649core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-01-31 09408649core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2022-01-31 09408649core:PreviouslyStatedAmount2023-01-31 09408649core:PreviouslyStatedAmount2022-01-31 09408649business:SmallEntities2022-02-012023-01-31 09408649countries:EnglandWales2022-02-012023-01-31 09408649core:PlantMachinery2022-02-012023-01-31 09408649core:FurnitureFittings2022-02-012023-01-31 09408649core:ComputerEquipment2022-02-012023-01-31 09408649core:PlantMachinery2022-01-31 09408649core:FurnitureFittings2022-01-31 09408649core:ComputerEquipment2022-01-31 09408649core:PlantMachinery2023-01-31 09408649core:FurnitureFittings2023-01-31 09408649core:ComputerEquipment2023-01-31 094086492021-02-012022-01-31 iso4217:GBP xbrli:pure
Company Registration No. 09408649 (England and Wales)
Rugremedy UK Ltd Unaudited accounts for the year ended 31 January 2023
Rugremedy UK Ltd Unaudited accounts Contents
Page
- 2 -
Rugremedy UK Ltd Company Information for the year ended 31 January 2023
Directors
Mr R J Aigin Mrs L R Aigin
Company Number
09408649 (England and Wales)
Registered Office
Churchill House 137-139 Brent Street London NW4 4DJ
Accountants
Clearfin Accountants Limited Churchill House 137-139 Brent Street London NW4 4DJ
- 3 -
Rugremedy UK Ltd Statement of financial position as at 31 January 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
2,410 
1,657 
Current assets
Inventories
11,912 
3,215 
Debtors
5,994 
6,283 
Cash at bank and in hand
204,581 
243,315 
222,487 
252,813 
Creditors: amounts falling due within one year
(39,098)
(48,132)
Net current assets
183,389 
204,681 
Net assets
185,799 
206,338 
Capital and reserves
Called up share capital
2 
2 
Profit and loss account
185,797 
206,336 
Shareholders' funds
185,799 
206,338 
For the year ending 31 January 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 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 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 of Directors and authorised for issue on 31 October 2023 and were signed on its behalf by
Mr R J Aigin Director Company Registration No. 09408649
- 4 -
Rugremedy UK Ltd Notes to the Accounts for the year ended 31 January 2023
1
Statutory information
Rugremedy UK Ltd is a private company, limited by shares, registered in England and Wales, registration number 09408649. The registered office is Churchill House, 137-139 Brent Street, London, NW4 4DJ.
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% reducing balance
Fixtures & fittings
25% reducing balance
Computer equipment
25% reducing balance
Inventories
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell. In respect of work in progress and finished goods, cost includes a relevant proportion of overheads according to the stage of manufacturing/completion.
- 5 -
Rugremedy UK Ltd Notes to the Accounts for the year ended 31 January 2023
4
Tangible fixed assets
Plant & machinery 
Fixtures & fittings 
Computer equipment 
Total 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At 1 February 2022
1,765 
3,528 
623 
5,916 
Additions
1,180 
377 
- 
1,557 
At 31 January 2023
2,945 
3,905 
623 
7,473 
Depreciation
At 1 February 2022
1,360 
2,626 
273 
4,259 
Charge for the year
396 
320 
88 
804 
At 31 January 2023
1,756 
2,946 
361 
5,063 
Net book value
At 31 January 2023
1,189 
959 
262 
2,410 
At 31 January 2022
405 
902 
350 
1,657 
5
Inventories
2023 
2022 
£ 
£ 
Finished goods
11,912 
3,215 
11,912 
3,215 
6
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
Trade debtors
3,558 
4,691 
Accrued income and prepayments
2,436 
1,592 
5,994 
6,283 
7
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
VAT
2,819 
4,805 
Trade creditors
3,099 
1,279 
Taxes and social security
7,563 
16,391 
Other creditors
90 
83 
Loans from directors
24,327 
24,374 
Accruals
1,200 
1,200 
39,098 
48,132 
8
Average number of employees
During the year the average number of employees was 4 (2022: 4).
- 6 -