Company Registration No. 09846243 (England and Wales)
Rubyz Cabaret Ltd
Unaudited accounts
for the year ended 31 October 2022
Rubyz Cabaret Ltd
Unaudited accounts
Contents
Rubyz Cabaret Ltd
Company Information
for the year ended 31 October 2022
Directors
P L Stewart
Mrs H C Stewart
Company Number
09846243 (England and Wales)
Registered Office
131 Chessel Crescent
Southampton
England
SO19 4BT
Rubyz Cabaret Ltd
Statement of financial position
as at 31 October 2022
Tangible assets
3,263
1,345
Creditors: amounts falling due within one year
(32,476)
(35,310)
Net current assets
21,166
16,764
Total assets less current liabilities
24,429
18,109
Creditors: amounts falling due after more than one year
(13,882)
(15,994)
Provisions for liabilities
Called up share capital
60
60
Profit and loss account
10,209
2,055
Shareholders' funds
10,269
2,115
For the year ending 31 October 2022 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
P L Stewart
Director
Company Registration No. 09846243
Rubyz Cabaret Ltd
Notes to the Accounts
for the year ended 31 October 2022
Rubyz Cabaret Ltd is a private company, limited by shares, registered in England and Wales, registration number 09846243. The registered office is 131 Chessel Crescent, Southampton, England, SO19 4BT.
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.
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
50% on cost and 33% on cost
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws.
Deferred tax assets and liabilities are not discounted.
Recovery and Restart Grant Funds: the accrual model has been used to recognise the grant on a systematic basis over the periods in which the related staff costs are incurred.
Business Interruption Payment (BIP) under the Bounce Back Loan Scheme: The BIP is payable in respect of the loan interest for the first 12 months, together with any related fees. The accrual model has been used to recognise the income on a systematic basis over the periods in which the related finance costs are incurred. The company has also benefited from the UK government's provision of security for 100% of the loan.
Rubyz Cabaret Ltd
Notes to the Accounts
for the year ended 31 October 2022
4
Tangible fixed assets
Plant & machinery
Amounts falling due within one year
Other debtors
51,232
48,880
6
Creditors: amounts falling due within one year
2022
2021
Bank loans and overdrafts
8,199
5,339
Taxes and social security
13,192
12,738
Other creditors
9,355
15,293
7
Creditors: amounts falling due after more than one year
2022
2021
Rubyz Cabaret Ltd
Notes to the Accounts
for the year ended 31 October 2022
Brought
Forward
Advance/
credit
Repaid
Carried
Forward
Loan to director
21,850
20,758
19,500
23,108
Loan to director
21,851
20,758
19,500
23,109
43,701
41,516
39,000
46,217
9
Average number of employees
During the year the average number of employees was 0 (2021: 0).