RUBY MOON DESIGN COMMUNITY INTEREST COMPANY

Company limited by guarantee

Company Registration Number:
07442776 (England and Wales)

Unaudited statutory accounts for the year ended 30 November 2023

Period of accounts

Start date: 1 December 2022

End date: 30 November 2023

RUBY MOON DESIGN COMMUNITY INTEREST COMPANY

Contents of the Financial Statements

for the Period Ended 30 November 2023

Balance sheet
Additional notes
Balance sheet notes
Community Interest Report

RUBY MOON DESIGN COMMUNITY INTEREST COMPANY

Balance sheet

As at 30 November 2023

Notes 2023 2022


£

£
Fixed assets
Intangible assets:   0 0
Tangible assets: 3 350 107
Investments:   0 0
Total fixed assets: 350 107
Current assets
Stocks: 4 5,930 7,313
Debtors:   0 0
Cash at bank and in hand: 1,720 667
Investments:   0 0
Total current assets: 7,650 7,980
Prepayments and accrued income: 0 0
Creditors: amounts falling due within one year: 5 ( 26,383 ) ( 25,586 )
Net current assets (liabilities): (18,733) (17,606)
Total assets less current liabilities: (18,383) ( 17,499)
Creditors: amounts falling due after more than one year: 6 ( 30,702 ) ( 32,222 )
Provision for liabilities: 0 0
Accruals and deferred income: 0 0
Total net assets (liabilities): (49,085) (49,721)
Members' funds
Profit and loss account: (49,085) ( 49,721)
Total members' funds: ( 49,085) (49,721)

The notes form part of these financial statements

RUBY MOON DESIGN COMMUNITY INTEREST COMPANY

Balance sheet statements

For the year ending 30 November 2023 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.

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

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

This report was approved by the board of directors on 10 August 2024
and signed on behalf of the board by:

Name: Ms Jo-Anne Godden
Status: Director

The notes form part of these financial statements

RUBY MOON DESIGN COMMUNITY INTEREST COMPANY

Notes to the Financial Statements

for the Period Ended 30 November 2023

  • 1. Accounting policies

    Basis of measurement and preparation

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

    Turnover policy

    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 is reduced for estimated customer returns, rebates and other similar allowances. Sale of goods Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods. Rendering of services 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. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.

    Tangible fixed assets depreciation policy

    Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives.

    Other accounting policies

    Stocks and Work in Progress Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses. Foreign Currencies Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate ruling on the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.

RUBY MOON DESIGN COMMUNITY INTEREST COMPANY

Notes to the Financial Statements

for the Period Ended 30 November 2023

  • 2. Employees

    2023 2022
    Average number of employees during the period 1 1

RUBY MOON DESIGN COMMUNITY INTEREST COMPANY

Notes to the Financial Statements

for the Period Ended 30 November 2023

3. Tangible assets

Land & buildings Plant & machinery Fixtures & fittings Office equipment Motor vehicles Total
Cost £ £ £ £ £ £
At 1 December 2022 1,191 1,191
Additions 525 525
Disposals
Revaluations
Transfers
At 30 November 2023 1,716 1,716
Depreciation
At 1 December 2022 1,084 1,084
Charge for year 282 282
On disposals
Other adjustments
At 30 November 2023 1,366 1,366
Net book value
At 30 November 2023 350 350
At 30 November 2022 107 107

RUBY MOON DESIGN COMMUNITY INTEREST COMPANY

Notes to the Financial Statements

for the Period Ended 30 November 2023

4. Stocks

2023 2022
£ £
Stocks 5,930 7,313
Payments on account 0 0
Total 5,930 7,313

RUBY MOON DESIGN COMMUNITY INTEREST COMPANY

Notes to the Financial Statements

for the Period Ended 30 November 2023

5. Creditors: amounts falling due within one year note

2023 2022
£ £
Bank loans and overdrafts 1,484 1,480
Amounts due under finance leases and hire purchase contracts 0 0
Trade creditors 2,523 1,730
Taxation and social security 0 0
Accruals and deferred income 263 263
Other creditors 22,113 22,113
Total 26,383 25,586

RUBY MOON DESIGN COMMUNITY INTEREST COMPANY

Notes to the Financial Statements

for the Period Ended 30 November 2023

6. Creditors: amounts falling due after more than one year note

2023 2022
£ £
Bank loans and overdrafts 3,702 5,222
Other creditors 27,000 27,000
Total 30,702 32,222

COMMUNITY INTEREST ANNUAL REPORT

RUBY MOON DESIGN COMMUNITY INTEREST COMPANY

Company Number: 07442776 (England and Wales)

Year Ending: 30 November 2023

Company activities and impact

RubyMoon Design CIC continued to sell a swimwear collection and with the proceeds of the sales made loans to women entreprenuers via lendwithcare.org The loans provide women living areas of poverty with captital to start a business and provide an income for themselves and their families. During this accounting period new loans were made to 26 new individuals and the value of the loans was £15 per loan. Total value of new loans was £390 but the monies repaid from existing loans made the year before was re-invested and remains invested. Additionally £21.14 was donated to Lend with Care. For full information see http://www.lendwithcare.org/profile/index/850

Consultation with stakeholders

Meetings held on Oct 10th 2023 and March 28th 2023 to discuss progress.

Directors' remuneration

No remuneration was received

Transfer of assets

No transfer of assets other than for full consideration

This report was approved by the board of directors on
10 August 2024

And signed on behalf of the board by:
Name: Ms Jo-Anne Godden
Status: Director