REGISTERED NUMBER: |
Ruby Cornerstone LLP |
Unaudited Financial Statements |
for the Period 9 February 2023 to 31 March 2024 |
REGISTERED NUMBER: |
Ruby Cornerstone LLP |
Unaudited Financial Statements |
for the Period 9 February 2023 to 31 March 2024 |
Ruby Cornerstone LLP (Registered number: OC445760) |
Contents of the Financial Statements |
for the Period 9 February 2023 to 31 March 2024 |
Page |
Balance Sheet | 1 |
Notes to the Financial Statements | 4 |
Ruby Cornerstone LLP (Registered number: OC445760) |
Balance Sheet |
31 March 2024 |
Notes | £ | £ |
FIXED ASSETS |
Investment property | 4 |
CURRENT ASSETS |
Debtors |
Cash at bank |
NET CURRENT ASSETS |
TOTAL ASSETS LESS CURRENT LIABILITIES |
CREDITORS |
Amounts falling due after more than one year |
5 |
NET ASSETS ATTRIBUTABLE TO MEMBERS |
227,670 |
Ruby Cornerstone LLP (Registered number: OC445760) |
Balance Sheet - continued |
31 March 2024 |
Notes | £ | £ |
LOANS AND OTHER DEBTS DUE TO MEMBERS |
- |
MEMBERS' OTHER INTERESTS |
Capital accounts | 227,670 |
227,670 |
TOTAL MEMBERS' INTERESTS |
Members' other interests | 227,670 |
Amounts due from members | (8,584 | ) |
219,086 |
The members acknowledge their responsibilities for: |
(a) | ensuring that the LLP keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 as applied to LLPs by the Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008 and |
(b) | preparing financial statements which give a true and fair view of the state of affairs of the LLP 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 as applied to LLPs by the Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008 relating to financial statements, so far as applicable to the LLP. |
Ruby Cornerstone LLP (Registered number: OC445760) |
Balance Sheet - continued |
31 March 2024 |
In accordance with Section 444 of the Companies Act 2006 as applied to LLPs by the Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008, the Income Statement has not been delivered. |
The financial statements were approved by the members of the LLP and authorised for issue on |
Ruby Cornerstone LLP (Registered number: OC445760) |
Notes to the Financial Statements |
for the Period 9 February 2023 to 31 March 2024 |
1. | STATUTORY INFORMATION |
Ruby Cornerstone LLP is registered in England and Wales. The LLP's registered number and registered office address are as below: |
Registered number: |
Registered office: |
2. | ACCOUNTING POLICIES |
Basis of preparing the financial statements |
Turnover |
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. |
Investment property |
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss. |
3. | EMPLOYEE INFORMATION |
The average number of employees during the period was |
4. | INVESTMENT PROPERTY |
Total |
£ |
FAIR VALUE |
Additions |
Revaluations | ( |
) |
At 31 March 2024 |
NET BOOK VALUE |
At 31 March 2024 |
Ruby Cornerstone LLP (Registered number: OC445760) |
Notes to the Financial Statements - continued |
for the Period 9 February 2023 to 31 March 2024 |
4. | INVESTMENT PROPERTY - continued |
Fair value at 31 March 2024 is represented by: |
£ |
Valuation in 2024 | (5,000 | ) |
Cost | 405,000 |
400,000 |
If the investment property had not been revalued it would have been included at the following historical cost: |
£ |
Cost | 405,000 |
The investment property was valued on an open market basis on 31 March 2024 by the partners . |
5. | CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR |
£ |
Other creditors |