SUBY GROUP LTD

Company Registration Number:
11423256 (England and Wales)

Unaudited abridged accounts for the year ended 30 June 2024

Period of accounts

Start date: 01 July 2023

End date: 30 June 2024

SUBY GROUP LTD

Contents of the Financial Statements

for the Period Ended 30 June 2024

Balance sheet
Notes

SUBY GROUP LTD

Balance sheet

As at 30 June 2024


Notes

2024

2023


£

£
Called up share capital not paid: 10,000 10,000
Fixed assets
Intangible assets: 3 10,000 25,000
Tangible assets: 4 10,000 10,000
Investments: 5 1,401,500 130,000
Total fixed assets: 1,421,500 165,000
Current assets
Stocks: 130,000 485,000
Debtors:   365,067 420,000
Cash at bank and in hand: 350,000 371,789
Investments: 6 350,000 725,000
Total current assets: 1,195,067 2,001,789
Creditors: amounts falling due within one year:   (200,000) (150,000)
Net current assets (liabilities): 995,067 1,851,789
Total assets less current liabilities: 2,426,567 2,026,789
Creditors: amounts falling due after more than one year:   (125,000) (70,000)
Provision for liabilities: (30,000) (20,000)
Total net assets (liabilities): 2,271,567 1,936,789
Capital and reserves
Called up share capital: 500,000 500,000
Share premium account: 250,000 220,000
Revaluation reserve:7200,000150,000
Other reserves: 50,000 50,000
Profit and loss account: 1,271,567 1,016,789
Shareholders funds: 2,271,567 1,936,789

The notes form part of these financial statements

SUBY GROUP LTD

Balance sheet statements

For the year ending 30 June 2024 the company was entitled to exemption 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.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 05 November 2024
and signed on behalf of the board by:

Name: OLASUBOMI ABORISADE
Status: Director

The notes form part of these financial statements

SUBY GROUP LTD

Notes to the Financial Statements

for the Period Ended 30 June 2024

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

SUBY GROUP LTD

Notes to the Financial Statements

for the Period Ended 30 June 2024

2. Employees

2024 2023
Average number of employees during the period 5 3

SUBY GROUP LTD

Notes to the Financial Statements

for the Period Ended 30 June 2024

3. Intangible Assets

Total
Cost £
At 01 July 2023 25,000
Additions 0
Disposals (15,000)
Revaluations 0
Transfers 0
At 30 June 2024 10,000
Amortisation
At 01 July 2023 0
At 30 June 2024 0
Net book value
At 30 June 2024 10,000
At 30 June 2023 25,000

SUBY GROUP LTD

Notes to the Financial Statements

for the Period Ended 30 June 2024

4. Tangible Assets

Total
Cost £
At 01 July 2023 10,000
At 30 June 2024 10,000
Net book value
At 30 June 2024 10,000
At 30 June 2023 10,000

SUBY GROUP LTD

Notes to the Financial Statements

for the Period Ended 30 June 2024

5. Fixed investments

These are fixed deposits for terms over a 1 year

SUBY GROUP LTD

Notes to the Financial Statements

for the Period Ended 30 June 2024

6. Current investments

fixed deposit savings account within 1 year

SUBY GROUP LTD

Notes to the Financial Statements

for the Period Ended 30 June 2024

7. Revaluation reserve

2024
£
Balance at 01 July 2023 150,000
Surplus or deficit after revaluation 50,000
Balance at 30 June 2024 200,000