IRIS Accounts Production v24.3.0.553 13854880 Board of Directors 1.4.23 31.3.24 31.3.24 false true false false true false Ordinary 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh138548802023-03-31138548802024-03-31138548802023-04-012024-03-31138548802022-01-17138548802022-01-182023-03-31138548802023-03-3113854880ns15:EnglandWales2023-04-012024-03-3113854880ns14:PoundSterling2023-04-012024-03-3113854880ns10:Director12023-04-012024-03-3113854880ns10:PrivateLimitedCompanyLtd2023-04-012024-03-3113854880ns10:SmallEntities2023-04-012024-03-3113854880ns10:AuditExempt-NoAccountantsReport2023-04-012024-03-3113854880ns10:SmallCompaniesRegimeForDirectorsReport2023-04-012024-03-3113854880ns10:SmallCompaniesRegimeForAccounts2023-04-012024-03-3113854880ns10:FullAccounts2023-04-012024-03-3113854880ns10:OrdinaryShareClass12023-04-012024-03-3113854880ns10:Director22023-04-012024-03-3113854880ns10:Director32023-04-012024-03-3113854880ns10:RegisteredOffice2023-04-012024-03-3113854880ns5:CurrentFinancialInstruments2024-03-3113854880ns5:CurrentFinancialInstruments2023-03-3113854880ns5:ShareCapital2024-03-3113854880ns5:ShareCapital2023-03-3113854880ns5:RetainedEarningsAccumulatedLosses2024-03-3113854880ns5:RetainedEarningsAccumulatedLosses2023-03-3113854880ns5:CurrentFinancialInstrumentsns5:WithinOneYear2024-03-3113854880ns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-03-3113854880ns10:OrdinaryShareClass12024-03-31
REGISTERED NUMBER: 13854880 (England and Wales)









UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2024

FOR

RUBIX ESTATES LTD

RUBIX ESTATES LTD (REGISTERED NUMBER: 13854880)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


RUBIX ESTATES LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 31 MARCH 2024







DIRECTORS: M S Deol
R Deol
G S Moore





REGISTERED OFFICE: The Roastery
13-14 Sydney Street
Brighton
East Sussex
BN1 4EN





REGISTERED NUMBER: 13854880 (England and Wales)





ACCOUNTANTS: Hartley Fowler LLP
Chartered Accountants
Pavilion View
19 New Road
Brighton
East Sussex
BN1 1EY

RUBIX ESTATES LTD (REGISTERED NUMBER: 13854880)

BALANCE SHEET
31 MARCH 2024

2024 2023
Notes £    £   
CURRENT ASSETS
Debtors 4 1,230 3,000
Cash at bank 37,046 943
38,276 3,943
CREDITORS
Amounts falling due within one year 5 85,319 48,600
NET CURRENT LIABILITIES (47,043 ) (44,657 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

(47,043

)

(44,657

)

CAPITAL AND RESERVES
Called up share capital 6 100 100
Retained earnings (47,143 ) (44,757 )
SHAREHOLDERS' FUNDS (47,043 ) (44,657 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 10 October 2024 and were signed on its behalf by:





M S Deol - Director


RUBIX ESTATES LTD (REGISTERED NUMBER: 13854880)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024


1. STATUTORY INFORMATION

Rubix Estates Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

The presentation currency of the financial statements is the Pound Sterling (£).


2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

The accounts have been prepared using the going concern basis. The company relies on the support of the directors, whom have indicated that they will continue to support the activities of the company for the forseeable future.

Turnover
Revenue is measured at the fair value of the consideration received or receivable. Revenue represents net invoiced commissions, excluding value added tax. Revenue is recognised when commissions are invoiced.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

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.

Debtors and creditors receivable/payable within one year
Debtors and creditors with no stated interest rate and receivables or payables within one year are recorded at transaction price. Any losses arising from impairment are recognised in the profit and loss account in other administrative expenses.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2023 - 3 ) .

RUBIX ESTATES LTD (REGISTERED NUMBER: 13854880)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2024


4. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors - 3,000
Other debtors 1,230 -
1,230 3,000

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade creditors 6,574 600
Directors' current accounts 76,900 46,800
Accrued expenses 1,845 1,200
85,319 48,600

6. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £    £   
100 Ordinary £1 100 100