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REGISTERED NUMBER: 09102528 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 OCTOBER 2024

FOR

RUMA SALONS LIMITED

RUMA SALONS LIMITED (REGISTERED NUMBER: 09102528)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2024










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


RUMA SALONS LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 OCTOBER 2024







DIRECTOR: Mr T A Darling





REGISTERED OFFICE: Murrills House
48 East Street
Portchester
Fareham
Hampshire
PO16 9XS





BUSINESS ADDRESS: Beaufort House
Hamble Lane
Bursledon
Southampton
Hampshire
SO31 8BR





REGISTERED NUMBER: 09102528 (England and Wales)





ACCOUNTANTS: BK Plus Limited
Chartered Certified Accountants
Murrills House
48 East Street
Portchester
Fareham
Hampshire
PO16 9XS

RUMA SALONS LIMITED (REGISTERED NUMBER: 09102528)

BALANCE SHEET
31 OCTOBER 2024

2024 2023
Notes £    £    £   
FIXED ASSETS
Intangible assets 4 2,355 2,944
Tangible assets 5 66,567 81,912
68,922 84,856

CURRENT ASSETS
Stocks 5,000 5,000
Debtors 6 82,674 60,123
87,674 65,123
CREDITORS
Amounts falling due within one year 7 79,599 80,504
NET CURRENT ASSETS/(LIABILITIES) 8,075 (15,381 )
TOTAL ASSETS LESS CURRENT LIABILITIES 76,997 69,475

CREDITORS
Amounts falling due after more than one year 8 477,958 472,377
NET LIABILITIES (400,961 ) (402,902 )

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings (401,061 ) (403,002 )
SHAREHOLDERS' FUNDS (400,961 ) (402,902 )

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 October 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

RUMA SALONS LIMITED (REGISTERED NUMBER: 09102528)

BALANCE SHEET - continued
31 OCTOBER 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 director and authorised for issue on 21 February 2025 and were signed by:





Mr T A Darling - Director


RUMA SALONS LIMITED (REGISTERED NUMBER: 09102528)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2024


1. STATUTORY INFORMATION

Ruma Salons Limited 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.

At the year end the company had an overdrawn balance sheet. The director has agreed to provide financial support to the company for the foreseeable future and for at least twelve months from the date of signing the accounts and therefore the accounts have been prepared on the going concern basis.

Turnover
Turnover represents sales of services net of VAT.

Intangible assets
Intangible assets are initially measured at cost and are subsequently amortised at 20% reducing balance basis.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Short leasehold - 10% on cost
Plant and machinery - 15% on reducing balance
Fixtures and fittings - 15% on reducing balance

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.


RUMA SALONS LIMITED (REGISTERED NUMBER: 09102528)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 OCTOBER 2024


2. ACCOUNTING POLICIES - continued
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 (2023 - 5 ) .

4. INTANGIBLE FIXED ASSETS
Other
intangible
assets
£   
COST
At 1 November 2023
and 31 October 2024 7,700
AMORTISATION
At 1 November 2023 4,756
Charge for year 589
At 31 October 2024 5,345
NET BOOK VALUE
At 31 October 2024 2,355
At 31 October 2023 2,944

RUMA SALONS LIMITED (REGISTERED NUMBER: 09102528)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 OCTOBER 2024


5. TANGIBLE FIXED ASSETS
Fixtures
Short Plant and and
leasehold machinery fittings Totals
£    £    £    £   
COST
At 1 November 2023
and 31 October 2024 38,240 7,176 257,259 302,675
DEPRECIATION
At 1 November 2023 33,135 1,991 185,637 220,763
Charge for year 3,824 778 10,743 15,345
At 31 October 2024 36,959 2,769 196,380 236,108
NET BOOK VALUE
At 31 October 2024 1,281 4,407 60,879 66,567
At 31 October 2023 5,105 5,185 71,622 81,912

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Other debtors 82,674 60,123

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts 18,928 16,264
Taxation and social security 8,589 11,749
Other creditors 52,082 52,491
79,599 80,504

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2024 2023
£    £   
Other creditors 477,958 472,377

RUMA SALONS LIMITED (REGISTERED NUMBER: 09102528)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 OCTOBER 2024


9. SECURED DEBTS

The following secured debts are included within creditors:

2024 2023
£    £   
Bank overdraft 18,928 -

Bank overdrafts are secured over the assets of the company.