Caseware UK (AP4) 2023.0.135 2023.0.135 2025-01-312025-01-31The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.2024-02-01falseNo description of principal activity33truetrue 09941787 2024-02-01 2025-01-31 09941787 2023-02-01 2024-01-31 09941787 2025-01-31 09941787 2024-01-31 09941787 c:Director1 2024-02-01 2025-01-31 09941787 d:MotorVehicles 2024-02-01 2025-01-31 09941787 d:MotorVehicles 2025-01-31 09941787 d:MotorVehicles 2024-01-31 09941787 d:MotorVehicles d:OwnedOrFreeholdAssets 2024-02-01 2025-01-31 09941787 d:OfficeEquipment 2024-02-01 2025-01-31 09941787 d:OfficeEquipment 2025-01-31 09941787 d:OfficeEquipment 2024-01-31 09941787 d:OfficeEquipment d:OwnedOrFreeholdAssets 2024-02-01 2025-01-31 09941787 d:ComputerEquipment 2024-02-01 2025-01-31 09941787 d:ComputerEquipment 2025-01-31 09941787 d:ComputerEquipment 2024-01-31 09941787 d:ComputerEquipment d:OwnedOrFreeholdAssets 2024-02-01 2025-01-31 09941787 d:OwnedOrFreeholdAssets 2024-02-01 2025-01-31 09941787 d:CurrentFinancialInstruments 2025-01-31 09941787 d:CurrentFinancialInstruments 2024-01-31 09941787 d:CurrentFinancialInstruments d:WithinOneYear 2025-01-31 09941787 d:CurrentFinancialInstruments d:WithinOneYear 2024-01-31 09941787 d:ShareCapital 2025-01-31 09941787 d:ShareCapital 2024-01-31 09941787 d:RetainedEarningsAccumulatedLosses 2025-01-31 09941787 d:RetainedEarningsAccumulatedLosses 2024-01-31 09941787 c:FRS102 2024-02-01 2025-01-31 09941787 c:AuditExemptWithAccountantsReport 2024-02-01 2025-01-31 09941787 c:FullAccounts 2024-02-01 2025-01-31 09941787 c:PrivateLimitedCompanyLtd 2024-02-01 2025-01-31 09941787 2 2024-02-01 2025-01-31 09941787 6 2024-02-01 2025-01-31 09941787 e:PoundSterling 2024-02-01 2025-01-31 iso4217:GBP xbrli:pure

Registered number: 09941787










RUBICON ASSET CONSULTANTS LIMITED








UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 31 JANUARY 2025

 
RUBICON ASSET CONSULTANTS LIMITED
 

CONTENTS



Page
Accountants' Report
 
 
1
Balance Sheet
 
 
2
Notes to the Financial Statements
 
 
3 - 6


 
RUBICON ASSET CONSULTANTS LIMITED
 
  
CHARTERED ACCOUNTANTS' REPORT TO THE DIRECTOR ON THE PREPARATION OF THE UNAUDITED STATUTORY FINANCIAL STATEMENTS OF RUBICON ASSET CONSULTANTS LIMITED
FOR THE YEAR ENDED 31 JANUARY 2025

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Rubicon Asset Consultants Limited for the year ended 31 January 2025 which comprise  the 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 Institute of Chartered Accountants in England and Wales (ICAEW)we are subject to its ethical and other professional requirements which are detailed at https://www.icaew.com /regulation.

This report is made solely to the director of Rubicon Asset Consultants Limited in accordance with the terms of our engagement letter. Our work has been undertaken solely to prepare for your approval the financial statements of Rubicon Asset Consultants Limited and state those matters that we have agreed to state to the director of Rubicon Asset Consultants Limited in this report in accordance with ICAEW Technical Release TECH07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Rubicon Asset Consultants Limited and its director for our work or for this report. 

It is your duty to ensure that Rubicon Asset Consultants 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 Rubicon Asset Consultants Limited. You consider that Rubicon Asset Consultants Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or review of the financial statements of Rubicon Asset Consultants 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.

  


BAGINSKY COHEN
CHARTERED ACCOUNTANTS
930 HIGH ROAD
LONDON
N12 9RT
18 March 2025
Page 1

 
RUBICON ASSET CONSULTANTS LIMITED
REGISTERED NUMBER: 09941787

BALANCE SHEET
AS AT 31 JANUARY 2025

2025
2025
2024
2024
Note
£
£
£
£

FIXED ASSETS
  

Tangible assets
 4 
15,152
18,991

Investments
 5 
53,750
53,750

  
68,902
72,741

CURRENT ASSETS
  

Debtors: amounts falling due within one year
 6 
839,034
664,156

Cash at bank and in hand
 7 
547,755
486,025

  
1,386,789
1,150,181

Creditors: amounts falling due within one year
 8 
(238,825)
(293,138)

NET CURRENT ASSETS
  
 
 
1,147,964
 
 
857,043

  

NET ASSETS
  
1,216,866
929,784


CAPITAL AND RESERVES
  

Called up share capital 
  
100
100

Profit and loss account
  
1,216,766
929,684

  
1,216,866
929,784


The director considers that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime and in accordance with the provisions of FRS 102 Section 1A - small entities.

The financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The Company has opted not to file the statement of comprehensive income in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf on 18 March 2025.



R M BERELOWITZ
Director

Page 2

 
RUBICON ASSET CONSULTANTS LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2025

1.ACCOUNTING POLICIES

 
1.1

BASIS OF PREPARATION OF FINANCIAL STATEMENTS

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The preparation of financial statements in compliance with FRS 102 requires the use of certain critical accounting estimates. It also requires management to exercise judgment in applying the Company's accounting policies (see note 2).

The following principal accounting policies have been applied:

  
1.2

REVENUE

Revenue is recognised to the extent that it is probable that the economic benefits will flow to the Company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

 
1.3

OPERATING LEASES: THE COMPANY AS LESSEE

Rentals paid under operating leases are charged to profit or loss on a straight-line basis over the lease term.

 
1.4

INTEREST INCOME

Interest income is recognised in profit or loss using the effective interest method.

 
1.5

PENSIONS

DEFINED CONTRIBUTION PENSION PLAN

The Company operates a defined contribution plan for its employees. A defined contribution plan is a pension plan under which the Company pays fixed contributions into a separate entity. Once the contributions have been paid the Company has no further payment obligations.

The contributions are recognised as an expense in profit or loss when they fall due. Amounts not paid are shown in accruals as a liability in the Balance Sheet. The assets of the plan are held separately from the Company in independently administered funds.

 
1.6

TAXATION

Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the balance sheet date in the countries where the Company operates and generates income.

Page 3

 
RUBICON ASSET CONSULTANTS LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2025

1.ACCOUNTING POLICIES (CONTINUED)

 
1.7

TANGIBLE FIXED ASSETS

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, using the straight-line and reducing balance methods.

Depreciation is provided on the following basis:

Motor vehicles
-
25%
Reducing balance
Office equipment
-
25%
Straight line
Computer equipment
-
25%
Straight line

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss.

 
1.8

VALUATION OF INVESTMENTS

Investments in unlisted Company shares, whose market value can be reliably determined, are remeasured to market value at each balance sheet date. Gains and losses on remeasurement are recognised in the Statement of Comprehensive Income for the period. Where market value cannot be reliably determined, such investments are stated at historic cost less impairment.

 
1.9

DEBTORS

Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

 
1.10

CASH AND CASH EQUIVALENTS

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

 
1.11

CREDITORS

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

 
1.12

DIVIDENDS

Equity dividends are recognised when they become legally payable. Interim equity dividends are recognised when paid. Final equity dividends are recognised when approved by the shareholders at an annual general meeting.

Page 4

 
RUBICON ASSET CONSULTANTS LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2025

2.



JUDGMENTS IN APPLYING ACCOUNTING POLICIES AND KEY SOURCES OF ESTIMATION UNCERTAINTY

In the application of the company's accounting policies, which are described in note 1, management is required to make judgments, estimates and assumptions about the carrying value of assets and liabilities that are not readily apparent from other factors that are considered to be relevant. Actual results may differ from these estimates.
The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revise affects only that period or in the period of the revision and future periods if the revision affects both current and future periods.  


3.


EMPLOYEES

The average monthly number of employees, including directors, during the year was 3 (2024 - 3).


4.


TANGIBLE FIXED ASSETS





Motor vehicles
Office equipment
Computer equipment
Total

£
£
£
£



COST OR VALUATION


At 1 February 2024
28,711
10,055
4,280
43,046



At 31 January 2025

28,711
10,055
4,280
43,046



DEPRECIATION


At 1 February 2024
16,599
4,966
2,490
24,055


Charge for the year on owned assets
3,028
-
811
3,839



At 31 January 2025

19,627
4,966
3,301
27,894



NET BOOK VALUE



At 31 January 2025
9,084
5,089
979
15,152



At 31 January 2024
12,112
5,089
1,790
18,991

Page 5

 
RUBICON ASSET CONSULTANTS LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2025

5.


FIXED ASSET INVESTMENTS





Unlisted investments

£



COST OR VALUATION


At 1 February 2024
53,750



At 31 January 2025
53,750




6.


DEBTORS

2025
2024
£
£


Trade debtors
12,000
203,504

Loans receivable
808,366
404,783

Prepayments and accrued income
18,668
55,869

839,034
664,156



7.


CASH AND CASH EQUIVALENTS

2025
2024
£
£

Cash at bank and in hand
547,755
486,025



8.


CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025
2024
£
£

Corporation tax
217,003
284,410

Other taxation and social security
14,694
5,175

Other creditors
793
1,268

Accruals and deferred income
6,335
2,285

238,825
293,138



9.


PENSION COMMITMENTS

The Company operates a defined contributions pension scheme. The assets of the scheme are held separately from those of the Company in an independently administered fund. Contributions totalling £nil (2024 - £nil) were payable to the fund at the balance sheet date and are included in creditors


Page 6