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Company Registration No. 10754142 (England and Wales)
RUBY EVENT MANAGEMENT LTD Unaudited accounts for the year ended 31 March 2023
RUBY EVENT MANAGEMENT LTD Unaudited accounts Contents
Page
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RUBY EVENT MANAGEMENT LTD Company Information for the year ended 31 March 2023
Director
ZOE HUGHES
Company Number
10754142 (England and Wales)
Registered Office
286 COODEN DRIVE BEXHILL-ON-SEA EAST SUSSEX TN39 3AB
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RUBY EVENT MANAGEMENT LTD Statement of financial position as at 31 March 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
1,932 
1,193 
Current assets
Inventories
66,145 
- 
Debtors
311,669 
10,542 
Cash at bank and in hand
265,308 
134,579 
643,122 
145,121 
Creditors: amounts falling due within one year
(447,965)
(69,027)
Net current assets
195,157 
76,094 
Net assets
197,089 
77,287 
Capital and reserves
Called up share capital
1 
1 
Profit and loss account
197,088 
77,286 
Shareholders' funds
197,089 
77,287 
For the year ending 31 March 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 28 November 2023 and were signed on its behalf by
ZOE HUGHES Director Company Registration No. 10754142
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RUBY EVENT MANAGEMENT LTD Notes to the Accounts for the year ended 31 March 2023
1
Statutory information
RUBY EVENT MANAGEMENT LTD is a private company, limited by shares, registered in England and Wales, registration number 10754142. The registered office is 286 COODEN DRIVE, BEXHILL-ON-SEA, EAST SUSSEX, TN39 3AB.
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
These financial statements for the year ended 31 March 2023 are the first financial statements that comply with FRS 102 Section 1A Small Entities. The date of transition is 1 April 2021. The transition to FRS 102 Section 1A Small Entities has resulted in a small number of changes in accounting policies to those used previously. The nature of these changes and their impact on opening equity and profit for the comparative period are explained in the notes below.
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 pounds 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:
Plant & machinery
25%
Fixtures & fittings
25%
Computer equipment
25%
Inventories
Work-in-progress represents the value of work done in respect of future events and is calculated by reference to the expected profit on those events and the proportion of time expended on those events as at the end of the financial year.
Turnover
Turnover represents fees earned during the financial year on current and future events and includes the value of work-in-progress at the end of the financial year.
Government grants
Government grants in relation to tangible fixed assets are credited to profit and loss account over the useful lives of the related assets, whereas those in relation to expenditure are credited when the expenditure is charged to profit and loss.
Corporation tax
Corporation tax is computed at the rates prevailing during the financial year and includes a provision for deferred taxation on any timing differences expected to reverse in due course.
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RUBY EVENT MANAGEMENT LTD Notes to the Accounts for the year ended 31 March 2023
4
Tangible fixed assets
Plant & machinery 
Fixtures & fittings 
Computer equipment 
Total 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At 1 April 2022
365 
100 
1,490 
1,955 
Additions
1,171 
- 
- 
1,171 
At 31 March 2023
1,536 
100 
1,490 
3,126 
Depreciation
At 1 April 2022
213 
93 
456 
762 
Charge for the year
108 
7 
317 
432 
At 31 March 2023
321 
100 
773 
1,194 
Net book value
At 31 March 2023
1,215 
- 
717 
1,932 
At 31 March 2022
152 
7 
1,034 
1,193 
5
Inventories
2023 
2022 
£ 
£ 
Work in progress
66,145 
- 
66,145 
- 
6
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
Trade debtors
304,115 
5,715 
Accrued income and prepayments
6,974 
3,164 
Other debtors
580 
1,663 
311,669 
10,542 
7
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
VAT
53,547 
911 
Trade creditors
8,202 
178 
Taxes and social security
35,101 
- 
Loans from directors
89,561 
56,473 
Accruals
26,774 
11,465 
Deferred income
234,780 
- 
447,965 
69,027 
8
Share capital
2023 
2022 
£ 
£ 
Allotted, called up and fully paid:
1 Ordinary shares of £1 each
1 
1 
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RUBY EVENT MANAGEMENT LTD Notes to the Accounts for the year ended 31 March 2023
9
Average number of employees
During the year the average number of employees was 1 (2022: 1).
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