Registered number
13303473
Reuben Arthur Homes Ltd
Filleted Accounts
31 March 2024
Reuben Arthur Homes Ltd
Registered number: 13303473
Balance Sheet
as at 31 March 2024
Notes 2024 2023
£ £
Fixed assets
Tangible assets 3 467 317
Current assets
Stocks 650,000 650,000
Cash at bank and in hand 28,513 15,033
678,513 665,033
Creditors: amounts falling due within one year 4 (813,107) (661,591)
Net current (liabilities)/assets (134,594) 3,442
Net (liabilities)/assets (134,127) 3,759
Capital and reserves
Called up share capital 1 1
Profit and loss account (134,128) 3,758
Shareholders' funds (134,127) 3,759
The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their 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.
K Roper
Director
Approved by the board on 24 September 2024
Reuben Arthur Homes Ltd
Notes to the Accounts
for the year ended 31 March 2024
1 Accounting policies
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 sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. 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.
Debtors
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.
Creditors
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.
Taxation
A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. 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, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. 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.
2 Employees 2024 2023
Number Number
Average number of persons employed by the company 2 0
3 Tangible fixed assets
Plant and machinery etc
£
Cost
At 1 April 2023 317
Additions 150
At 31 March 2024 467
Depreciation
At 31 March 2024 -
Net book value
At 31 March 2024 467
At 31 March 2023 317
4 Creditors: amounts falling due within one year 2024 2023
£ £
Bank loans and overdrafts - 219
Trade creditors 20,305 48,125
Taxation and social security costs 51,485 13,669
Other creditors 741,317 599,578
813,107 661,591
5 Other information
Reuben Arthur Homes Ltd is a private company limited by shares and incorporated in England. Its registered office is: 3-5 Alton Business Centre, Valley Lane, Ipswich, IP9 2AX
Reuben Arthur Homes Ltd 13303473 false 2023-04-01 2024-03-31 2024-03-31 VT Final Accounts April 2024 K Roper No description of principal activity 13303473 2022-04-01 2023-03-31 13303473 core:WithinOneYear 2023-03-31 13303473 core:ShareCapital 2023-03-31 13303473 core:RetainedEarningsAccumulatedLosses 2023-03-31 13303473 2023-04-01 2024-03-31 13303473 bus:PrivateLimitedCompanyLtd 2023-04-01 2024-03-31 13303473 bus:AuditExempt-NoAccountantsReport 2023-04-01 2024-03-31 13303473 bus:Director40 2023-04-01 2024-03-31 13303473 1 2023-04-01 2024-03-31 13303473 2 2023-04-01 2024-03-31 13303473 core:PlantMachinery 2023-04-01 2024-03-31 13303473 countries:England 2023-04-01 2024-03-31 13303473 bus:FRS102 2023-04-01 2024-03-31 13303473 bus:FilletedAccounts 2023-04-01 2024-03-31 13303473 2024-03-31 13303473 core:WithinOneYear 2024-03-31 13303473 core:ShareCapital 2024-03-31 13303473 core:RetainedEarningsAccumulatedLosses 2024-03-31 13303473 core:PlantMachinery 2024-03-31 13303473 2023-03-31 13303473 core:PlantMachinery 2023-03-31 iso4217:GBP xbrli:pure