Company Registration No. 12046740 (England and Wales)
Rude Health Ltd
Unaudited accounts
for the year ended 30 June 2023
Rude Health Ltd
Unaudited accounts
Contents
Rude Health Ltd
Company Information
for the year ended 30 June 2023
Director
Steven Michel Zoghob
Company Number
12046740 (England and Wales)
Registered Office
C/O Lime Advisory
Embassy Offices
Stanwell Road
Penarth
CF64 2AA
United Kingdom
Rude Health Ltd
Statement of financial position
as at 30 June 2023
Intangible assets
12,500
17,500
Tangible assets
22,528
35,839
Cash at bank and in hand
1,391
8,412
Creditors: amounts falling due within one year
(155,562)
(89,863)
Net current liabilities
(69,044)
(74,773)
Total assets less current liabilities
(34,016)
(21,434)
Creditors: amounts falling due after more than one year
(50,595)
(64,532)
Net liabilities
(84,611)
(85,966)
Called up share capital
1
1
Profit and loss account
(84,612)
(85,967)
Shareholders' funds
(84,611)
(85,966)
For the year ending 30 June 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 his 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 14 March 2024 and were signed on its behalf by
Steven Michel Zoghob
Director
Company Registration No. 12046740
Rude Health Ltd
Notes to the Accounts
for the year ended 30 June 2023
Rude Health Ltd is a private company, limited by shares, registered in England and Wales, registration number 12046740. The registered office is C/O Lime Advisory, Embassy Offices, Stanwell Road, Penarth, CF64 2AA, 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.
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.
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:
Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged against profit on a straight line basis over the lease term.
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.
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
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.
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.
At 30 June 2023 the company had net liabilities of £84,611. However the company received financial support from the director and shareholder of the company, and continues to meet liabilities as they fall due. Therefore the going concern basis is considered appropriate.
Rude Health Ltd
Notes to the Accounts
for the year ended 30 June 2023
4
Intangible fixed assets
Goodwill
5
Tangible fixed assets
Plant & machinery
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 July 2022
11,287
54,934
1,666
67,887
At 30 June 2023
11,620
54,934
1,666
68,220
At 1 July 2022
1,316
30,288
444
32,048
Charge for the year
2,324
10,987
333
13,644
At 30 June 2023
3,640
41,275
777
45,692
At 30 June 2023
7,980
13,659
889
22,528
At 30 June 2022
9,971
24,646
1,222
35,839
Amounts falling due within one year
Amounts due from group undertakings etc.
85,082
-
Accrued income and prepayments
45
2,567
Rude Health Ltd
Notes to the Accounts
for the year ended 30 June 2023
7
Creditors: amounts falling due within one year
2023
2022
Bank loans and overdrafts
5,589
6,870
Obligations under finance leases and hire purchase contracts
7,935
7,935
Trade creditors
16,848
23,624
Amounts owed to group undertakings and other participating interests
-
4,905
Taxes and social security
41,693
32,857
Loans from directors
21,155
-
8
Creditors: amounts falling due after more than one year
2023
2022
Obligations under finance leases and hire purchase contracts
18,014
25,984
9
Average number of employees
During the year the average number of employees was 2 (2022: 6).