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Company Registration No. 13782714 (England and Wales)
Ruigen Limited Unaudited accounts for the year ended 31 December 2023
Ruigen Limited Unaudited accounts Contents
Page
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Ruigen Limited Company Information for the year ended 31 December 2023
Directors
Dr. Leong Kit Gan Dr. Nellie Mei Liz Chee
Company Number
13782714 (England and Wales)
Registered Office
29 Shepherd Road Shinfield Reading RG2 9SR England
Accountants
Anthony Daniel Associates Ltd 10 Julian Place London E14 3AT
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Ruigen Limited Statement of financial position as at 31 December 2023
2023 
2022 
Notes
£ 
£ 
Called up share capital not paid
2 
2 
Fixed assets
Tangible assets
47,449 
40,642 
Current assets
Debtors
23,000 
3,500 
Cash at bank and in hand
3,872 
7,794 
26,872 
11,294 
Creditors: amounts falling due within one year
5,401 
6,840 
Net current assets
32,273 
18,134 
Total assets less current liabilities
79,724 
58,778 
Creditors: amounts falling due after more than one year
(28,618)
(25,521)
Net assets
51,106 
33,257 
Capital and reserves
Called up share capital
2 
2 
Profit and loss account
51,104 
33,255 
Shareholders' funds
51,106 
33,257 
For the year ending 31 December 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 12 September 2024 and were signed on its behalf by
Dr. Nellie Mei Liz Chee Director Company Registration No. 13782714
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Ruigen Limited Notes to the Accounts for the year ended 31 December 2023
1
Statutory information
Ruigen Limited is a private company, limited by shares, registered in England and Wales, registration number 13782714. The registered office is 29 Shepherd Road, Shinfield, Reading, RG2 9SR, England.
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.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.
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
20% on cost
Motor vehicles
20% on cost
Deferred taxation
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws. Deferred tax assets and liabilities are not discounted.
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Ruigen Limited Notes to the Accounts for the year ended 31 December 2023
4
Tangible fixed assets
Plant & machinery 
Motor vehicles 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 January 2023
7,583 
35,000 
42,583 
Additions
- 
45,990 
45,990 
Disposals
- 
(35,000)
(35,000)
At 31 December 2023
7,583 
45,990 
53,573 
Depreciation
At 1 January 2023
774 
1,167 
1,941 
Charge for the year
1,517 
6,749 
8,266 
On disposals
- 
(4,083)
(4,083)
At 31 December 2023
2,291 
3,833 
6,124 
Net book value
At 31 December 2023
5,292 
42,157 
47,449 
At 31 December 2022
6,809 
33,833 
40,642 
5
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
Trade debtors
- 
1,400 
Accrued income and prepayments
- 
2,100 
Other debtors
23,000 
- 
23,000 
3,500 
6
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Bank loans and overdrafts
9,668 
8,750 
Trade creditors
210 
1,558 
Taxes and social security
2,988 
- 
Loans from directors
(19,321)
(18,181)
Accruals
1,054 
1,033 
(5,401)
(6,840)
7
Creditors: amounts falling due after more than one year
2023 
2022 
£ 
£ 
Bank loans
28,618 
25,521 
8
Share capital
2023 
2022 
£ 
£ 
Allotted, called up and fully paid:
2 Ordinary shares of £1 each
2 
2 
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Ruigen Limited Notes to the Accounts for the year ended 31 December 2023
9
Average number of employees
During the year the average number of employees was 2 (2022: 2).
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