Silverfin false false 30/04/2024 19/04/2023 30/04/2024 Dr A Mohammed 19/04/2023 04 January 2025 The principal activity of the Company during the financial year was residential care home. The company was incorporated on 19 April 2023 and commenced to trade on 8 September 2023. 14813476 2024-04-30 14813476 bus:Director1 2024-04-30 14813476 core:CurrentFinancialInstruments 2024-04-30 14813476 core:ShareCapital 2024-04-30 14813476 core:RetainedEarningsAccumulatedLosses 2024-04-30 14813476 2023-04-19 2024-04-30 14813476 bus:FilletedAccounts 2023-04-19 2024-04-30 14813476 bus:SmallEntities 2023-04-19 2024-04-30 14813476 bus:AuditExemptWithAccountantsReport 2023-04-19 2024-04-30 14813476 bus:PrivateLimitedCompanyLtd 2023-04-19 2024-04-30 14813476 bus:Director1 2023-04-19 2024-04-30 iso4217:GBP xbrli:pure

Company No: 14813476 (England and Wales)

RUBY LODGE LIMITED

Unaudited Financial Statements
For the financial period from 19 April 2023 to 30 April 2024
Pages for filing with the registrar

RUBY LODGE LIMITED

Unaudited Financial Statements

For the financial period from 19 April 2023 to 30 April 2024

Contents

RUBY LODGE LIMITED

BALANCE SHEET

As at 30 April 2024
RUBY LODGE LIMITED

BALANCE SHEET (continued)

As at 30 April 2024
Note 30.04.2024
£
Current assets
Cash at bank and in hand 105,567
105,567
Creditors: amounts falling due within one year 3 ( 134,361)
Net current liabilities (28,794)
Total assets less current liabilities (28,794)
Net liabilities ( 28,794)
Capital and reserves
Called-up share capital 100
Profit and loss account ( 28,894 )
Total shareholder's deficit ( 28,794)

For the financial period ending 30 April 2024 the Company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

The financial statements of Ruby Lodge Limited (registered number: 14813476) were approved and authorised for issue by the Director on 04 January 2025. They were signed on its behalf by:

Dr A Mohammed
Director
RUBY LODGE LIMITED

NOTES TO THE FINANCIAL STATEMENTS

For the financial period from 19 April 2023 to 30 April 2024
RUBY LODGE LIMITED

NOTES TO THE FINANCIAL STATEMENTS

For the financial period from 19 April 2023 to 30 April 2024
1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial period, unless otherwise stated.

General information and basis of accounting

Ruby Lodge Limited (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the Company's registered office is Unit A, 82 James Carter Road, Mildenhall, IP28 7DE, United Kingdom.

The financial statements have been prepared under the historical cost convention, modified to include certain items at fair value, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.

The financial statements are presented in pounds sterling which is the functional currency of the Company and rounded to the nearest £.

Going concern

The director has assessed the Balance Sheet and likely future cash flows at the date of approving these financial statements. The director notes that the business has net liabilities of £28,794. The Company is supported through loans from the Parent Company. The director has received assurances that the loan facilities will continue to be available for at least 12 months from the date of signing these financial statements and the Parent Company will continue to support the Company. After making enquiries, the director believes that any foreseeable debts can be met for at least 12 months from the date of signing these financial statements. Accordingly, they continue to adopt the going concern basis in preparing the financial statements.

Reporting period length

A company's first accounts covering the period from incorporation on 19 April 2023 to 30 April 2024.

Taxation

Current tax
Current tax is provided at amounts expected to be paid (or recoverable) using the tax rates and laws that have been enacted or substantively enacted at the Balance Sheet date.

Impairment of assets

Assets, other than those measured at fair value, are assessed for indicators of impairment at each Balance Sheet date. If there is objective evidence of impairment, an impairment loss is recognised in the Profit and Loss Account as described below.

Cash and cash equivalents

Cash and cash equivalents are basic financial assets and include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in creditors: amounts falling due within one year.

Trade and other creditors

Trade and other creditors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest rate method, unless the effect of discounting would be immaterial, in which case they are stated at cost.

2. Employees

Period from
19.04.2023 to
30.04.2024
Number
Monthly average number of persons employed by the Company during the period, including the director 1

3. Creditors: amounts falling due within one year

30.04.2024
£
Amounts owed to Group undertakings 113,151
Other creditors 21,210
134,361

4. Related party transactions

Transactions with the entity's director

30.04.2024
£
Amounts owed to director 20,010

The loan from the director is unsecured, provided interest free and repayable on demand.

The company has taken advantage of the exemption in FRS 102 35.1AC “Related Party Disclosures” from disclosing transactions with other members of the group.