Company Registration No. 12209842 (England and Wales)
RUBIK BUILD LIMITED
Unaudited accounts
for the year ended 31 August 2023
RUBIK BUILD LIMITED
Unaudited accounts
Contents
RUBIK BUILD LIMITED
Company Information
for the year ended 31 August 2023
Director
ROMEO RUMENOV BLAGOEV
Company Number
12209842 (England and Wales)
Registered Office
1 BRAEMAR ROAD
BRENTFORD
TW8 0NR
UNITED KINGDOM
RUBIK BUILD LIMITED
Statement of financial position
as at 31 August 2023
Cash at bank and in hand
22
14
Creditors: amounts falling due within one year
(672)
(2,460)
Net current assets
1,012
688
Total assets less current liabilities
1,012
688
Creditors: amounts falling due after more than one year
(629)
-
Called up share capital
100
100
Profit and loss account
283
588
Shareholders' funds
383
688
For the year ending 31 August 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 30 August 2024 and were signed on its behalf by
ROMEO RUMENOV BLAGOEV
Director
Company Registration No. 12209842
RUBIK BUILD LIMITED
Notes to the Accounts
for the year ended 31 August 2023
RUBIK BUILD LIMITED is a private company, limited by shares, registered in England and Wales, registration number 12209842. The registered office is 1 BRAEMAR ROAD, BRENTFORD, TW8 0NR, 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.
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.
Government grants in relation to staff'wages are credited to the profit and loss account over the current period, whereas those in relation to expenditure are credited when the expenditure is charged to profit and loss.
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell. In respect of work in progress and finished goods, cost includes a relevant proportion of overheads according to the stage of manufacturing/completion.
Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rates of exchange ruling at the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
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.
RUBIK BUILD LIMITED
Notes to the Accounts
for the year ended 31 August 2023
Amounts falling due within one year
Accrued income and prepayments
949
150
5
Creditors: amounts falling due within one year
2023
2022
Taxes and social security
-
792
6
Creditors: amounts falling due after more than one year
2023
2022
Taxes and social security
629
-
7
Average number of employees
During the year the average number of employees was 2 (2022: 2).