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REGISTERED NUMBER: 06126160 (England and Wales)















RUFFINO LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 26 MARCH 2024






RUFFINO LIMITED (REGISTERED NUMBER: 06126160)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 26 MARCH 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4

Chartered Certified Accountants' Report 7

RUFFINO LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 26 MARCH 2024







DIRECTOR: M A True





REGISTERED OFFICE: Purfleet Truck Wash
Beacon Hill Industrial Estate,
Botany Way
Purfleet
Essex
RM19 1SR





REGISTERED NUMBER: 06126160 (England and Wales)





ACCOUNTANTS: Spurling Cannon
King Arthur’s Court
Maidstone Road
Charing
Kent
TN27 0JS

RUFFINO LIMITED (REGISTERED NUMBER: 06126160)

BALANCE SHEET
26 MARCH 2024

2024 2023
Notes £    £   
FIXED ASSETS
Tangible assets 4 4,731,939 3,873,654
Investments 5 441,602 384,623
5,173,541 4,258,277

CURRENT ASSETS
Debtors 6 252,701 161,189
Cash at bank 58,635 25,850
311,336 187,039
CREDITORS
Amounts falling due within one year 7 (2,214,003 ) (1,376,209 )
NET CURRENT LIABILITIES (1,902,667 ) (1,189,170 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

3,270,874

3,069,107

CREDITORS
Amounts falling due after more than one
year

8

(592,714

)

(618,769

)
NET ASSETS 2,678,160 2,450,338

CAPITAL AND RESERVES
Called up share capital 2 2
Retained earnings 2,678,158 2,450,336
2,678,160 2,450,338

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 26 March 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 26 March 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

RUFFINO LIMITED (REGISTERED NUMBER: 06126160)

BALANCE SHEET - continued
26 MARCH 2024


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 director and authorised for issue on 12 November 2024 and were signed by:





M A True - Director


RUFFINO LIMITED (REGISTERED NUMBER: 06126160)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 26 MARCH 2024

1. STATUTORY INFORMATION

Ruffino 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.

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.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Freehold property - nil
Plant and machinery - 20% on reducing balance
Fixture & Fittings - 20% on reducing balance
Motor vehicles - 25% on reducing balance
Computer equipment - 33% on reducing balance

Depreciation for Freehold property has been provided at nil due to the property appreciating in value

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.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 7 (2023 - 7 ) .

RUFFINO LIMITED (REGISTERED NUMBER: 06126160)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 26 MARCH 2024

4. TANGIBLE FIXED ASSETS
Freehold Plant and Fixture &
property machinery Fittings
£    £    £   
COST
At 27 March 2023 3,273,146 344,538 207,269
Additions 724,397 72,328 53,116
At 26 March 2024 3,997,543 416,866 260,385
DEPRECIATION
At 27 March 2023 - 99,508 77,363
Charge for year - 63,472 36,604
At 26 March 2024 - 162,980 113,967
NET BOOK VALUE
At 26 March 2024 3,997,543 253,886 146,418
At 26 March 2023 3,273,146 245,030 129,906

Motor Computer
vehicles equipment Totals
£    £    £   
COST
At 27 March 2023 312,383 5,202 4,142,538
Additions 164,949 537 1,015,327
At 26 March 2024 477,332 5,739 5,157,865
DEPRECIATION
At 27 March 2023 88,970 3,043 268,884
Charge for year 55,853 1,113 157,042
At 26 March 2024 144,823 4,156 425,926
NET BOOK VALUE
At 26 March 2024 332,509 1,583 4,731,939
At 26 March 2023 223,413 2,159 3,873,654

RUFFINO LIMITED (REGISTERED NUMBER: 06126160)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 26 MARCH 2024

5. FIXED ASSET INVESTMENTS
Other
investments
£   
COST
At 27 March 2023 384,623
Additions 105,000
Disposals (48,021 )
At 26 March 2024 441,602
NET BOOK VALUE
At 26 March 2024 441,602
At 26 March 2023 384,623

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 252,701 153,078
VAT - 8,111
252,701 161,189

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts 48,805 56,560
Hire purchase contracts 93,256 79,602
Trade creditors 1,038,962 292,460
Amounts owed to group undertakings 413,375 176,500
Corporation Tax 44,767 273,370
Social security and other taxes 36,734 44,627
VAT 17,643 -
Sundry creditors 3,831 2,312
Directors' current accounts 509,508 439,967
Accrued expenses 7,122 10,811
2,214,003 1,376,209

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2024 2023
£    £   
Mortgage 1-5 years 494,959 536,010
Hire purchase contracts 97,755 82,759
592,714 618,769

CHARTERED CERTIFIED ACCOUNTANTS' REPORT TO THE DIRECTOR
ON THE UNAUDITED FINANCIAL STATEMENTS OF
RUFFINO LIMITED

The following reproduces the text of the report prepared for the director in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Director are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Ruffino Limited for the year ended 26 March 2024 which comprise the Income Statement, Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at http://www.accaglobal.com/rulebook.

This report is made solely to the director of Ruffino Limited in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Ruffino Limited and state those matters that we have agreed to state to the director of Ruffino Limited in this report in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at http://www.accaglobal.com/factsheet163. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and its director for our work or for this report.

It is your duty to ensure that Ruffino Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Ruffino Limited. You consider that Ruffino Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Ruffino Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.






Spurling Cannon
King Arthur’s Court
Maidstone Road
Charing
Kent
TN27 0JS


12 November 2024