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REGISTERED NUMBER: 12028089 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MAY 2023

FOR

RUBICON CAPITAL EF LIMITED

RUBICON CAPITAL EF LIMITED (REGISTERED NUMBER: 12028089)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MAY 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


RUBICON CAPITAL EF LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 MAY 2023







DIRECTORS: K A Chastney
G A Tagg
Rubicon Capital Limited





REGISTERED OFFICE: 39-40 St. James's Place
London
SW1A 1NS





REGISTERED NUMBER: 12028089 (England and Wales)





ACCOUNTANTS: Gordon Wood Scott & Partners Limited
Chartered Accountants
Dean House
94 Whiteladies Road
Clifton
Bristol
BS8 2QX

RUBICON CAPITAL EF LIMITED (REGISTERED NUMBER: 12028089)

BALANCE SHEET
31 MAY 2023

31.5.23 31.5.22
Notes £    £   
FIXED ASSETS
Tangible assets 4 7,977 -
Investments 5 50 50
8,027 50

CURRENT ASSETS
Debtors 6 343,773 23,412,319
Cash at bank 31,989 242,606
375,762 23,654,925
CREDITORS
Amounts falling due within one year 7 (209,775 ) (15,247,183 )
NET CURRENT ASSETS 165,987 8,407,742
TOTAL ASSETS LESS CURRENT
LIABILITIES

174,014

8,407,792

CREDITORS
Amounts falling due after more than one
year

8

-

(7,409,866

)
NET ASSETS 174,014 997,926

CAPITAL AND RESERVES
Called up share capital 10 100 100
Retained earnings 173,914 997,826
SHAREHOLDERS' FUNDS 174,014 997,926

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 May 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 2023 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.

RUBICON CAPITAL EF LIMITED (REGISTERED NUMBER: 12028089)

BALANCE SHEET - continued
31 MAY 2023


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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 18 November 2024 and were signed on its behalf by:





K A Chastney - Director


RUBICON CAPITAL EF LIMITED (REGISTERED NUMBER: 12028089)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MAY 2023

1. STATUTORY INFORMATION

Rubicon Capital EF Limited 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 use of the going concern basis of accounting is appropriate because there are no material uncertainties related to events or conditions that may cast significant doubt about the ability of the company to continue as a going concern.

Turnover
Turnover represents fees and interest receivable for the period.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Investments in associates
Investments in associate undertakings are recognised at cost.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2022 - NIL).

RUBICON CAPITAL EF LIMITED (REGISTERED NUMBER: 12028089)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MAY 2023

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
Additions 7,977
At 31 May 2023 7,977
NET BOOK VALUE
At 31 May 2023 7,977

5. FIXED ASSET INVESTMENTS
Interest
in
associate
£   
COST
At 1 June 2022
and 31 May 2023 50
NET BOOK VALUE
At 31 May 2023 50
At 31 May 2022 50

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.5.23 31.5.22
£    £   
Amounts owed by group undertakings 13,840 -
Other debtors 329,933 23,412,319
343,773 23,412,319

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.5.23 31.5.22
£    £   
Amounts owed to group undertakings - 6,938
Taxation and social security 34,773 265,831
Other creditors 175,002 14,974,414
209,775 15,247,183

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.5.23 31.5.22
£    £   
Other creditors - 7,409,866

RUBICON CAPITAL EF LIMITED (REGISTERED NUMBER: 12028089)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MAY 2023

9. SECURED DEBTS

The following secured debts are included within creditors:

31.5.23 31.5.22
£    £   
Other loans - 18,062,780

The loans are secured by fixed charges over the assets of the company and also over the security which the company has itself taken against loans which it has issued to borrowers.

10. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.5.23 31.5.22
value: £    £   
100 Ordinary 1 100 100