RUBY EQUITY CO LIMITED

Company Registration Number:
14140274 (England and Wales)

Unaudited abridged accounts for the year ended 30 June 2024

Period of accounts

Start date: 01 July 2023

End date: 30 June 2024

RUBY EQUITY CO LIMITED

Contents of the Financial Statements

for the Period Ended 30 June 2024

Balance sheet
Notes

RUBY EQUITY CO LIMITED

Balance sheet

As at 30 June 2024


Notes

2024

13 months to 30 June 2023


£

£
Fixed assets
Intangible assets: 3 2,099,403 2,341,000
Tangible assets: 4 60,332 12,934
Total fixed assets: 2,159,735 2,353,934
Current assets
Stocks: 28,483,448 16,169,056
Debtors: 5 640,513 763,405
Cash at bank and in hand: 2,305,989 795,718
Total current assets: 31,429,950 17,728,179
Creditors: amounts falling due within one year: 6 (537,943) (439,301)
Net current assets (liabilities): 30,892,007 17,288,878
Total assets less current liabilities: 33,051,742 19,642,812
Creditors: amounts falling due after more than one year: 7 (21,853,311) (6,285,644)
Provision for liabilities: (1,958,782) (1,958,782)
Total net assets (liabilities): 9,239,649 11,398,386
Capital and reserves
Called up share capital: 1 1
Share premium account: 12,500,000 12,500,000
Other reserves: (1,101,615)
Profit and loss account: (2,158,737) (1,101,615)
Shareholders funds: 9,239,649 11,398,386

The notes form part of these financial statements

RUBY EQUITY CO LIMITED

Balance sheet statements

For the year ending 30 June 2024 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.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

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

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

This report was approved by the board of directors on 20 December 2024
and signed on behalf of the board by:

Name: Richard Hunt
Status: Director

The notes form part of these financial statements

RUBY EQUITY CO LIMITED

Notes to the Financial Statements

for the Period Ended 30 June 2024

1. Accounting policies

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

RUBY EQUITY CO LIMITED

Notes to the Financial Statements

for the Period Ended 30 June 2024

2. Employees

2024 13 months to 30 June 2023
Average number of employees during the period 40 37

RUBY EQUITY CO LIMITED

Notes to the Financial Statements

for the Period Ended 30 June 2024

3. Intangible Assets

Total
Cost £
At 01 July 2023 2,601,110
Additions 21,083
At 30 June 2024 2,622,193
Amortisation
At 01 July 2023 260,110
Charge for year 262,680
At 30 June 2024 522,790
Net book value
At 30 June 2024 2,099,403
At 30 June 2023 2,341,000

RUBY EQUITY CO LIMITED

Notes to the Financial Statements

for the Period Ended 30 June 2024

4. Tangible Assets

Total
Cost £
At 01 July 2023 57,724
Additions 57,058
At 30 June 2024 114,782
Depreciation
At 01 July 2023 44,790
Charge for year 9,660
At 30 June 2024 54,450
Net book value
At 30 June 2024 60,332
At 30 June 2023 12,934

RUBY EQUITY CO LIMITED

Notes to the Financial Statements

for the Period Ended 30 June 2024

5. Debtors

2024 13 months to 30 June 2023
££
Debtors due after more than one year: 640,513 0

RUBY EQUITY CO LIMITED

Notes to the Financial Statements

for the Period Ended 30 June 2024

6. Creditors: amounts falling due within one year note

9. Creditors: Amounts falling due within one year Group Company Group Company 2024 2024 2023 2023 £ £ £ £ Trade creditors 81,292 - 12,136 - Amounts owed to group - 80,250 - 40,000 Corporation tax - 168 - Other taxation & social security 92,327 - 45,278 - Other creditors 5,351 - 9,934 - Accruals and deferred income 358,972 - 371,785 - 537,943 80,250 439,301 40,000

RUBY EQUITY CO LIMITED

Notes to the Financial Statements

for the Period Ended 30 June 2024

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

10. Creditors: Amounts falling due after more than one year Group Group 2024 2023 £ £ Amounts owed to group undertakings 21,853,311 6,285,644 21,853,311 6,285,644 Included in amounts owed to group undertakings is an unsecured intercompany loan of £21,751,211 (2023: £6,183,776). This accrues interest at 12.5% per annum and will be capitalised on each 12 month anniversary of the date of the agreement if not paid. At the year end £2,149,343 (2023: £333,776) of interest had been accrued and is included in the above.