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Company Registration No. 06639408 (England and Wales)
The Rugby Paper Ltd Unaudited accounts for the year ended 31 March 2023
The Rugby Paper Ltd Unaudited accounts Contents
Page
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The Rugby Paper Ltd Company Information for the year ended 31 March 2023
Directors
Mr M D Emery Mr S J Emery Ms S A Hurse
Secretary
Ms S Hurse
Company Number
06639408 (England and Wales)
Registered Office
Albany House Claremont Lane Esher Surrey KT10 9FQ
Accountants
Wellden Turnbull Limited Albany House Claremont Lane Esher Surrey KT10 9FQ
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The Rugby Paper Ltd Statement of financial position as at 31 March 2023
2023 
2022 
Notes
£ 
£ 
Current assets
Debtors
249,175 
77,051 
Cash at bank and in hand
419 
5,170 
249,594 
82,221 
Creditors: amounts falling due within one year
(520,536)
(552,944)
Net current liabilities
(270,942)
(470,723)
Total assets less current liabilities
(270,942)
(470,723)
Creditors: amounts falling due after more than one year
(29,630)
(35,185)
Net liabilities
(300,572)
(505,908)
Capital and reserves
Called up share capital
1,000 
1,000 
Profit and loss account
(301,572)
(506,908)
Shareholders' funds
(300,572)
(505,908)
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 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 1 August 2024 and were signed on its behalf by
Mr S J Emery Director Company Registration No. 06639408
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The Rugby Paper Ltd Notes to the Accounts for the year ended 31 March 2023
1
Statutory information
The Rugby Paper Ltd is a private company, limited by shares, registered in England and Wales, registration number 06639408. The registered office is Albany House, Claremont Lane , Esher, Surrey, KT10 9FQ.
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.
Going concern
The accounts have been prepared on the going concern basis. The directors are of the opinion that the use of the going concern basis is appropriate as they are satisfied that the profitability is improving in the following period, and satisfactory funding arrangements have been put in place.
Turnover
Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company's activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts. The Company recognises revenue when ; The amount of revenue can be relaibly measured; it is probable that future economic benefits will flow to the entity; and specific criteria have been met for each of the company's activities.
Tax
The tax expense for the period comprises current tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income. The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.
Cash and cash equivalents
Cash and cash equivalents comprise cash on hand and call deposits, and other short- term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.
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The Rugby Paper Ltd Notes to the Accounts for the year ended 31 March 2023
Trade Debtors
Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business. Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.
Trade Creditors
Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities. Trade creditors are recognised initially at the transaction price and subsequently measured interest method.
4
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
Trade debtors
5,591 
14,606 
Other debtors
243,584 
62,445 
249,175 
77,051 
5
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Bank loans and overdrafts
11,111 
11,111 
Trade creditors
70,786 
61,341 
Taxes and social security
110 
89 
Other creditors
420,479 
464,046 
Accruals
2,875 
2,125 
Deferred income
15,175 
14,232 
520,536 
552,944 
6
Creditors: amounts falling due after more than one year
2023 
2022 
£ 
£ 
Bank loans
29,630 
35,185 
7
Share capital
2023 
2022 
£ 
£ 
Allotted, called up and fully paid:
1,000 Ordinary shares of £1 each
1,000 
1,000 
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The Rugby Paper Ltd Notes to the Accounts for the year ended 31 March 2023
8
Loans to directors
At the year end, the director owed the company £ 12,613 ( 2022 - £ 12,335). This balance is attracting interest at the official HMRC rate and is repayable on demand.
9
Average number of employees
During the year the average number of employees was 1 (2022: 1).
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