Ruffles & Barnes Media Ltd |
Registered number: |
07336514 |
Balance Sheet |
as at 31 August 2023 |
|
Notes |
|
|
2023 |
|
|
2022 |
£ |
£ |
Fixed assets |
Tangible assets |
4 |
|
|
2,968 |
|
|
3,492 |
|
Current assets |
Work inprogress |
|
|
21,140 |
|
|
- |
Debtors |
5 |
|
44,582 |
|
|
22,197 |
Cash at bank and in hand |
|
|
200 |
|
|
1,270 |
|
|
|
65,922 |
|
|
23,467 |
|
Creditors: amounts falling due within one year |
6 |
|
(68,107) |
|
|
(25,348) |
|
Net current liabilities |
|
|
|
(2,185) |
|
|
(1,881) |
|
Total assets less current liabilities |
|
|
|
783 |
|
|
1,611 |
|
|
Provisions for liabilities |
|
|
|
(563) |
|
|
(663) |
|
|
Net assets |
|
|
|
220 |
|
|
948 |
|
|
|
|
|
|
|
|
Capital and reserves |
Called up share capital |
|
|
|
56 |
|
|
56 |
Profit and loss account |
|
|
|
164 |
|
|
892 |
|
Shareholder's funds |
|
|
|
220 |
|
|
948 |
|
|
|
|
|
|
|
|
The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006. |
The member has not required the company to obtain an audit in accordance with section 476 of the Act. |
The director acknowledges her responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts. |
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies. |
|
|
|
|
H L Rudd |
Director |
Approved by the board on 8 February 2024 |
|
Ruffles & Barnes Media Ltd |
Notes to the Accounts |
for the year ended 31 August 2023 |
|
|
1 |
Accounting policies |
|
|
Basis of preparation |
|
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard). |
|
|
Turnover |
|
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. |
|
|
Intangible fixed assets |
|
Intangible fixed assets are measured at cost less accumulative amortisation and any accumulative impairment losses. |
|
|
Tangible fixed assets |
|
Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets at the following rates: |
|
|
Plant and machinery |
over 4 years |
|
|
Debtors |
|
Short term debtors are measured at transaction price (which is the invoice price), less any impairment losses for bad and doubtful debts. |
|
|
Creditors |
|
Short term creditors are measured at transaction price (which is the invoice price). |
|
|
Taxation |
|
A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference. Current and deferred tax assets and liabilities are not discounted. |
|
|
Provisions |
|
Provisions (ie liabilities of uncertain timing or amount) are recognised when there is an obligation at the reporting date as a result of a past event, it is probable that economic benefit will be transferred to settle the obligation and the amount of the obligation can be estimated reliably. |
|
|
Pensions |
|
Contributions to defined contribution plans are expensed in the period to which they relate. |
|
|
2 |
Employees |
2023 |
|
2022 |
Number |
Number |
|
|
Average number of persons employed by the company |
1 |
|
1 |
|
|
|
|
|
|
|
|
|
|
3 |
Intangible fixed assets |
£ |
|
Goodwill: |
|
|
Cost |
|
At 1 September 2022 |
2,000 |
|
At 31 August 2023 |
2,000 |
|
|
|
|
|
|
|
|
|
|
Amortisation |
|
At 1 September 2022 |
2,000 |
|
At 31 August 2023 |
2,000 |
|
|
|
|
|
|
|
|
|
|
Net book value |
|
At 31 August 2023 |
- |
|
|
|
|
|
|
|
|
|
|
|
4 |
Tangible fixed assets |
|
|
|
|
|
|
|
|
Plant and machinery etc |
£ |
|
Cost |
|
At 1 September 2022 |
57,886 |
|
At 31 August 2023 |
57,886 |
|
|
|
|
|
|
|
|
|
|
Depreciation |
|
At 1 September 2022 |
54,394 |
|
Charge for the year |
524 |
|
At 31 August 2023 |
54,918 |
|
|
|
|
|
|
|
|
|
|
Net book value |
|
At 31 August 2023 |
2,968 |
|
At 31 August 2022 |
3,492 |
|
|
5 |
Debtors |
2023 |
|
2022 |
£ |
£ |
|
|
Trade debtors |
25,816 |
|
10,800 |
|
Taxation and social security costs |
|
11,956 |
|
8,127 |
|
Other debtors |
6,810 |
|
3,270 |
|
|
|
|
|
|
44,582 |
|
22,197 |
|
|
|
|
|
|
|
|
|
|
6 |
Creditors: amounts falling due within one year |
2023 |
|
2022 |
£ |
£ |
|
|
Trade creditors |
61,248 |
|
23,807 |
|
Amounts owed to group undertakings and undertakings in which the company has a participating interest |
|
3,874 |
|
- |
|
Taxation and social security costs |
2,978 |
|
- |
|
Other creditors |
7 |
|
1,541 |
|
|
|
|
|
|
68,107 |
|
25,348 |
|
|
|
|
|
|
|
|
|
|
7 |
Loans to directors |
|
Description and conditions |
B/fwd |
Paid |
Repaid |
C/fwd |
£ |
£ |
£ |
£ |
|
H L Rudd |
|
Directors loan account |
7 |
|
- |
|
- |
|
7 |
|
|
|
7 |
|
- |
|
- |
|
7 |
|
|
|
|
|
|
|
|
|
|
8 |
Controlling party |
|
|
The company is controlled by Prominent PR Ltd, and is a wholly owned subsidiary. |
|
|
9 |
Other information |
|
|
Ruffles & Barnes Media Ltd is a private company limited by shares and incorporated in England. Its registered office is: |
|
4 High Street |
|
Stanley |
|
Co Durham |
|
DH9 0DQ |