Company Registration No. 02141374 (England and Wales)
RUARK ACOUSTICS LIMITED
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024
PAGES FOR FILING WITH REGISTRAR
RUARK ACOUSTICS LIMITED
CONTENTS
Page
Balance sheet
1
Statement of changes in equity
2
Notes to the financial statements
3
RUARK ACOUSTICS LIMITED
BALANCE SHEET
AS AT 31 DECEMBER 2024
31 December 2024
- 1 -
2024
2023
Notes
£
£
£
£
Fixed assets
Investments
3
200
200
Current assets
Debtors
4
179,473
181,664
Creditors: amounts falling due within one year
5
(179,473)
(181,664)
Net current assets
-
0
-
0
Net assets
200
200
Capital and reserves
Called up share capital
200
200

For the financial year ended 31 December 2024 the company was entitled to exemption from audit under section 480 of the Companies Act 2006 relating to dormant companies.

The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

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

The directors of the company have elected not to include a copy of the profit and loss account within the financial statements.true

The financial statements were approved by the board of directors and authorised for issue on 22 April 2025 and are signed on its behalf by:
AB O'Rourke
Director
Company registration number 02141374 (England and Wales)
RUARK ACOUSTICS LIMITED
STATEMENT OF CHANGES IN EQUITY
FOR THE YEAR ENDED 31 DECEMBER 2024
- 2 -
Share capital
Profit and loss reserves
Total
Notes
£
£
£
Balance at 1 January 2023
200
-
0
200
Year ended 31 December 2023:
Profit and total comprehensive income
-
217,794
217,794
Dividends
-
(217,794)
(217,794)
Balance at 31 December 2023
200
-
0
200
Year ended 31 December 2024:
Profit and total comprehensive income
-
215,229
215,229
Dividends
-
(215,229)
(215,229)
Balance at 31 December 2024
200
-
0
200
RUARK ACOUSTICS LIMITED
STATEMENT OF CHANGES IN EQUITY (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2024
- 3 -
1
Judgements and key sources of estimation uncertainty

In the application of the company’s accounting policies, the directors are required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and 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 revised where the revision affects only that period, or in the period of the revision and future periods where the revision affects both current and future periods.

2
Employees

The average monthly number of persons (including directors) employed by the company during the year was:

2024
2023
Number
Number
Total
-
0
-
0
3
Fixed asset investments
2024
2023
£
£
Shares in group undertakings and participating interests
200
200
4
Debtors
2024
2023
Amounts falling due within one year:
£
£
Amounts owed by group undertakings
179,473
181,664
5
Creditors: amounts falling due within one year
2024
2023
£
£
Other creditors
179,473
181,664
6
Share-based payment transactions

On 12 October 2022, an Enterprise Management Incentive (EMI) share option scheme was established. This will give key management the option to acquire a total of 17.5% of the company's ordinary share capital.

 

The option will be exercisable only in the event of the sale of the company to a third part purchaser within ten years of the scheme inception, subject to the employees still being employed by the company at the point of sale.

 

At the time of exercise of the option, 35 shares will be sold to management for £908 per share, a total sum of £31,777 will therefore be due from these employees.

2024-12-312024-01-01falsefalsetrue22 April 2025CCH SoftwareCCH Accounts Production 2025.100No description of principal activityAB O'RourkeNS AdamsNS Adams021413742024-01-012024-12-31021413742024-12-31021413742023-12-3102141374core:CurrentFinancialInstrumentscore:WithinOneYear2024-12-3102141374core:CurrentFinancialInstrumentscore:WithinOneYear2023-12-3102141374core:ShareCapital2024-12-3102141374core:ShareCapital2023-12-3102141374core:ShareCapital2022-12-3102141374core:RetainedEarningsAccumulatedLosses2022-12-3102141374core:RetainedEarningsAccumulatedLosses2023-12-3102141374core:RetainedEarningsAccumulatedLosses2024-12-3102141374bus:Director12024-01-012024-12-3102141374core:RetainedEarningsAccumulatedLosses2023-01-012023-12-31021413742023-01-012023-12-3102141374core:RetainedEarningsAccumulatedLosses2024-01-012024-12-3102141374core:CurrentFinancialInstruments2023-12-3102141374core:CurrentFinancialInstruments2024-12-3102141374bus:EntityNoLongerTradingButTradedInPast2024-01-012024-12-3102141374bus:PrivateLimitedCompanyLtd2024-01-012024-12-3102141374bus:FRS1022024-01-012024-12-3102141374bus:AuditExemptWithAccountantsReport2024-01-012024-12-3102141374bus:Director22024-01-012024-12-3102141374bus:CompanySecretary12024-01-012024-12-3102141374bus:SmallCompaniesRegimeForAccounts2024-01-012024-12-3102141374bus:FullAccounts2024-01-012024-12-31xbrli:purexbrli:sharesiso4217:GBP