IRIS Accounts Production v24.3.2.46 11775240 Board of Directors 1.2.24 31.1.25 31.1.25 false true false false true false Ordinary 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh117752402024-01-31117752402025-01-31117752402024-02-012025-01-31117752402023-01-31117752402023-02-012024-01-31117752402024-01-3111775240ns15:EnglandWales2024-02-012025-01-3111775240ns14:PoundSterling2024-02-012025-01-3111775240ns10:Director12024-02-012025-01-3111775240ns10:PrivateLimitedCompanyLtd2024-02-012025-01-3111775240ns10:SmallEntities2024-02-012025-01-3111775240ns10:AuditExempt-NoAccountantsReport2024-02-012025-01-3111775240ns10:SmallCompaniesRegimeForDirectorsReport2024-02-012025-01-3111775240ns10:SmallCompaniesRegimeForAccounts2024-02-012025-01-3111775240ns10:FullAccounts2024-02-012025-01-3111775240ns10:OrdinaryShareClass12024-02-012025-01-3111775240ns10:Director22024-02-012025-01-3111775240ns10:Director32024-02-012025-01-3111775240ns10:Director42024-02-012025-01-3111775240ns10:RegisteredOffice2024-02-012025-01-3111775240ns5:CurrentFinancialInstruments2025-01-3111775240ns5:CurrentFinancialInstruments2024-01-3111775240ns5:ShareCapital2025-01-3111775240ns5:ShareCapital2024-01-3111775240ns5:RetainedEarningsAccumulatedLosses2025-01-3111775240ns5:RetainedEarningsAccumulatedLosses2024-01-3111775240ns5:PlantMachinery2024-02-012025-01-3111775240ns5:ComputerEquipment2024-02-012025-01-3111775240ns5:PlantMachinery2024-01-3111775240ns5:ComputerEquipment2024-01-3111775240ns5:PlantMachinery2025-01-3111775240ns5:ComputerEquipment2025-01-3111775240ns5:PlantMachinery2024-01-3111775240ns5:ComputerEquipment2024-01-3111775240ns5:WithinOneYearns5:CurrentFinancialInstruments2025-01-3111775240ns5:WithinOneYearns5:CurrentFinancialInstruments2024-01-3111775240ns5:DeferredTaxation2024-01-3111775240ns5:DeferredTaxation2024-02-012025-01-3111775240ns5:DeferredTaxation2025-01-3111775240ns10:OrdinaryShareClass12025-01-3111775240ns5:RetainedEarningsAccumulatedLosses2024-01-3111775240ns5:RetainedEarningsAccumulatedLosses2024-02-012025-01-31
REGISTERED NUMBER: 11775240 (England and Wales)









Unaudited Financial Statements

for the Year Ended 31 January 2025

for

RBIB Ltd

RBIB Ltd (Registered number: 11775240)






Contents of the Financial Statements
for the Year Ended 31 January 2025




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


RBIB Ltd

Company Information
for the Year Ended 31 January 2025







DIRECTORS: B R Baines
J Burgess
A A Mimoglu
Ms P Sathyan





REGISTERED OFFICE: 45 Market Square
Bicester
OX26 6AJ





REGISTERED NUMBER: 11775240 (England and Wales)





ACCOUNTANTS: Nichols & Co ( Accountancy ) Limited
Chartered Accountants
Unit 7
Mulberry Place
Pinnell Road
Eltham
London
SE9 6AR

RBIB Ltd (Registered number: 11775240)

Balance Sheet
31 January 2025

31.1.25 31.1.24
Notes £ £
FIXED ASSETS
Tangible assets 4 1,789 2,116

CURRENT ASSETS
Debtors 5 40,503 40,727
Cash at bank 70,615 75,953
111,118 116,680
CREDITORS
Amounts falling due within one year 6 (83,333 ) (83,650 )
NET CURRENT ASSETS 27,785 33,030
TOTAL ASSETS LESS CURRENT
LIABILITIES

29,574

35,146

PROVISIONS FOR LIABILITIES 7 (447 ) (529 )
NET ASSETS 29,127 34,617

CAPITAL AND RESERVES
Called up share capital 8 100 100
Retained earnings 9 29,027 34,517
SHAREHOLDERS' FUNDS 29,127 34,617

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2025 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.

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 28 February 2025 and were signed on its behalf by:



J Burgess - Director


RBIB Ltd (Registered number: 11775240)

Notes to the Financial Statements
for the Year Ended 31 January 2025

1. STATUTORY INFORMATION

RBIB 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.

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.
Plant and machinery - 25% on reducing balance
Computer equipment - 25% on reducing balance

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.

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 5 (2024 - 5 ) .

RBIB Ltd (Registered number: 11775240)

Notes to the Financial Statements - continued
for the Year Ended 31 January 2025

4. TANGIBLE FIXED ASSETS
Plant and Computer
machinery equipment Totals
£ £ £
COST
At 1 February 2024 1,308 2,676 3,984
Additions 269 - 269
At 31 January 2025 1,577 2,676 4,253
DEPRECIATION
At 1 February 2024 697 1,171 1,868
Charge for year 220 376 596
At 31 January 2025 917 1,547 2,464
NET BOOK VALUE
At 31 January 2025 660 1,129 1,789
At 31 January 2024 611 1,505 2,116

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.1.25 31.1.24
£ £
Other debtors 50 50
Prepayments and accrued income 40,453 40,677
40,503 40,727

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.1.25 31.1.24
£ £
Corporation tax 57,904 59,874
Social security and other taxes 9,389 8,299
Pension control 257 290
Directors' current accounts 1,757 441
Accrued expenses 14,026 14,746
83,333 83,650

7. PROVISIONS FOR LIABILITIES
31.1.25 31.1.24
£ £
Deferred tax 447 529

Deferred tax
£
Balance at 1 February 2024 529
Provided during year (82 )
Balance at 31 January 2025 447

RBIB Ltd (Registered number: 11775240)

Notes to the Financial Statements - continued
for the Year Ended 31 January 2025

8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.1.25 31.1.24
value: £ £
100 Ordinary £1 100 100

9. RESERVES
Retained
earnings
£

At 1 February 2024 34,517
Profit for the year 174,510
Dividends (180,000 )
At 31 January 2025 29,027

10. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

At the year end, the company owed Mr J Burgess £1,758 (2024 - £441). This loan is interest free and is repayable on demand.

11. ULTIMATE CONTROLLING PARTY

The company is controlled by its directors.