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REGISTERED NUMBER: 07820755 (England and Wales)















R CUBED INVESTMENTS LTD

Unaudited Financial Statements for the Year Ended 31 March 2024






R CUBED INVESTMENTS LTD (REGISTERED NUMBER: 07820755)






Contents of the Financial Statements
for the Year Ended 31 March 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


R CUBED INVESTMENTS LTD

Company Information
for the Year Ended 31 March 2024







DIRECTORS: R S Dhot
R L Gangotra





SECRETARY: R L Gangotra





REGISTERED OFFICE: 64 Great Hampton Street
Hockley
Birmingham
West Midlands
B18 6EL





REGISTERED NUMBER: 07820755 (England and Wales)





ACCOUNTANTS: Michael Dufty Partnership Limited
59-61 Charlotte Street
St Pauls Square
Birmingham
West Midlands
B3 1PX

R CUBED INVESTMENTS LTD (REGISTERED NUMBER: 07820755)

Balance Sheet
31 March 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Investments 4 9,073 9,073
Investment property 5 - 550,654
9,073 559,727

CURRENT ASSETS
Stocks 568,200 -
Debtors 6 117,840 18,233
Cash at bank 1,382 55,345
687,422 73,578
CREDITORS
Amounts falling due within one year 7 508,211 410,568
NET CURRENT ASSETS/(LIABILITIES) 179,211 (336,990 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

188,284

222,737

PROVISIONS FOR LIABILITIES 58,229 58,229
NET ASSETS 130,055 164,508

CAPITAL AND RESERVES
Called up share capital 2 2
Retained earnings 130,053 164,506
130,055 164,508

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2024 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.

R CUBED INVESTMENTS LTD (REGISTERED NUMBER: 07820755)

Balance Sheet - continued
31 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 Board of Directors and authorised for issue on 2 December 2024 and were signed on its behalf by:





R L Gangotra - Director


R CUBED INVESTMENTS LTD (REGISTERED NUMBER: 07820755)

Notes to the Financial Statements
for the Year Ended 31 March 2024

1. STATUTORY INFORMATION

R Cubed Investments Ltd 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.

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

Investments in subsidiaries
Investments in subsidiary undertakings are recognised at cost.

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.

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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.

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 2 (2023 - 2 ) .

R CUBED INVESTMENTS LTD (REGISTERED NUMBER: 07820755)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2024

4. FIXED ASSET INVESTMENTS
Shares in
group
undertakings
£   
COST
At 1 April 2023
and 31 March 2024 9,073
NET BOOK VALUE
At 31 March 2024 9,073
At 31 March 2023 9,073

5. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 April 2023 550,654
Reclassification/transfer (550,654 )
At 31 March 2024 -
NET BOOK VALUE
At 31 March 2024 -
At 31 March 2023 550,654

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Amounts owed by group undertakings 115,840 -
Other debtors 2,000 18,233
117,840 18,233

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade creditors 4,623 44,196
Amounts owed to group undertakings 120,955 24,388
Taxation and social security 4,100 2,451
Other creditors 378,533 339,533
508,211 410,568

8. ULTIMATE CONTROLLING PARTY

The company is controlled by the directors by virtue of their shareholdings in the company.