Acorah Software Products - Accounts Production 16.3.350 false true 30 November 2023 1 December 2022 false 1 December 2023 30 November 2024 30 November 2024 08810108 Mr M R Usman Mrs R Usman Sana & Sons Limited true iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 08810108 2023-11-30 08810108 2024-11-30 08810108 2023-12-01 2024-11-30 08810108 frs-core:CurrentFinancialInstruments 2024-11-30 08810108 frs-core:FurnitureFittings 2024-11-30 08810108 frs-core:FurnitureFittings 2023-12-01 2024-11-30 08810108 frs-core:FurnitureFittings 2023-11-30 08810108 frs-core:InvestmentPropertyIncludedWithinPPE 2024-11-30 08810108 frs-core:InvestmentPropertyIncludedWithinPPE 2023-12-01 2024-11-30 08810108 frs-core:InvestmentPropertyIncludedWithinPPE 2023-11-30 08810108 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2023-12-01 2024-11-30 08810108 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2024-11-30 08810108 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2023-12-01 2024-11-30 08810108 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2023-11-30 08810108 frs-core:MotorVehicles 2024-11-30 08810108 frs-core:MotorVehicles 2023-12-01 2024-11-30 08810108 frs-core:MotorVehicles 2023-11-30 08810108 frs-core:SharePremium 2024-11-30 08810108 frs-core:ShareCapital 2024-11-30 08810108 frs-core:RetainedEarningsAccumulatedLosses 2024-11-30 08810108 frs-bus:PrivateLimitedCompanyLtd 2023-12-01 2024-11-30 08810108 frs-bus:FilletedAccounts 2023-12-01 2024-11-30 08810108 frs-bus:SmallEntities 2023-12-01 2024-11-30 08810108 frs-bus:AuditExempt-NoAccountantsReport 2023-12-01 2024-11-30 08810108 frs-bus:SmallCompaniesRegimeForAccounts 2023-12-01 2024-11-30 08810108 frs-bus:OrdinaryShareClass1 2023-12-01 2024-11-30 08810108 frs-bus:OrdinaryShareClass1 2024-11-30 08810108 1 2023-12-01 2024-11-30 08810108 frs-core:FurtherSpecificReserve1ComponentTotalEquity 2023-11-30 08810108 frs-core:FurtherSpecificReserve1ComponentTotalEquity 2024-11-30 08810108 frs-core:CostValuation 2023-11-30 08810108 frs-core:CostValuation 2024-11-30 08810108 frs-core:ProvisionsForImpairmentInvestments 2023-11-30 08810108 frs-core:ProvisionsForImpairmentInvestments 2024-11-30 08810108 frs-bus:Director1 2023-12-01 2024-11-30 08810108 frs-bus:Director2 2023-12-01 2024-11-30 08810108 frs-core:CurrentFinancialInstruments 9 2024-11-30 08810108 frs-countries:EnglandWales 2023-12-01 2024-11-30 08810108 2022-11-30 08810108 2023-11-30 08810108 2022-12-01 2023-11-30 08810108 frs-core:CurrentFinancialInstruments 2023-11-30 08810108 frs-core:SharePremium 2023-11-30 08810108 frs-core:ShareCapital 2023-11-30 08810108 frs-core:RetainedEarningsAccumulatedLosses 2023-11-30 08810108 frs-bus:OrdinaryShareClass1 2022-12-01 2023-11-30 08810108 frs-core:FurtherSpecificReserve1ComponentTotalEquity 2023-11-30 08810108 frs-core:CurrentFinancialInstruments 9 2023-11-30
Registered number: 08810108
RUBISAN HOTELS LONDON LIMITED
Unaudited Financial Statements
For The Year Ended 30 November 2024
SKZ Chartered Certified Accountants
Chartered Certified Accountants
Unit 1,Kataria Point,
1 Riches Road,
Ilford
Essex
IG1 1JH
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 08810108
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 4,911,473 3,378,521
Investments 5 8,040,313 8,040,313
12,951,786 11,418,834
CURRENT ASSETS
Debtors 6 82,333 8,122
Cash at bank and in hand 1,015 51,880
83,348 60,002
Creditors: Amounts Falling Due Within One Year 7 (6,522,937 ) (4,975,549 )
NET CURRENT ASSETS (LIABILITIES) (6,439,589 ) (4,915,547 )
TOTAL ASSETS LESS CURRENT LIABILITIES 6,512,197 6,503,287
NET ASSETS 6,512,197 6,503,287
CAPITAL AND RESERVES
Called up share capital 9 522 522
Share premium account 3,174,500 3,174,500
Fair value reserve 10 68,679 68,679
Profit and Loss Account 3,268,496 3,259,586
SHAREHOLDERS' FUNDS 6,512,197 6,503,287
Page 1
Page 2
For the year ending 30 November 2024 the company was entitled to exemption from audit 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.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
Mr M R Usman
Director
Mrs R Usman
Director
15/03/2025
The notes on pages 3 to 5 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
RUBISAN HOTELS LONDON LIMITED is a private company, limited by shares, incorporated in England & Wales, registered number 08810108 . The registered office is 124 Upton Park Road, Forest Gate, London, E7 8LB.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. Turnover
Turnover comprises the rental income from the properties.
2.3. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Freehold Not provided
Leasehold Straight line over term of the lease
Improvement to properties Straight line over 10 years
Fixtures & Fittings 25% on reducing balance
Freehold Property
The director considers the expected economic useful life of the freehold property to be in excess of 50 years therefore depreciation is not provided.
2.4. Investment Properties
Investment properties shall not be subject to periodic charges for depreciation except for properties held on lease, which shall be depreciated at least over the period when the unexpired term is 20 years or less. Investment properties shall be included in the balance sheet at their market value.

In accordance with the FRS 102, investment property whose fair value can be measured reliably without undue cost or effort shall be measured at fair value at each reproting date with changes in fair value recognised in profit and loss account. No depreciation is provided in respect of investment properties.
2.5. Taxation
Income tax expense represents the sum of the tax currently payable and deferred tax.
The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other year and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.

3. Average Number of Employees
Average number of employees, including directors, during the year was: 4 (2023: NIL)
4 -
Page 3
Page 4
4. Tangible Assets
Land & Property
Freehold Investment Properties Improvement to properties Fixtures & Fittings Total
£ £ £ £ £
Cost
As at 1 December 2023 2,616,972 750,000 24,950 1,588 3,393,510
Additions 1,535,487 - - - 1,535,487
As at 30 November 2024 4,152,459 750,000 24,950 1,588 4,928,997
Depreciation
As at 1 December 2023 - - 13,560 1,429 14,989
Provided during the period - - 2,495 40 2,535
As at 30 November 2024 - - 16,055 1,469 17,524
Net Book Value
As at 30 November 2024 4,152,459 750,000 8,895 119 4,911,473
As at 1 December 2023 2,616,972 750,000 11,390 159 3,378,521
5. Investments
Subsidiaries
£
Cost
As at 1 December 2023 8,040,313
As at 30 November 2024 8,040,313
Provision
As at 1 December 2023 -
As at 30 November 2024 -
Net Book Value
As at 30 November 2024 8,040,313
As at 1 December 2023 8,040,313
6. Debtors
2024 2023
£ £
Due within one year
Prepayments and accrued income - 8,122
Other debtors 82,333 -
82,333 8,122
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7. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Other loans 1,500,000 750,000
Corporation tax - 747
Other taxes and social security 1,287 -
Net wages 4,747 -
Interest Payable 15,224 -
Directors' loan accounts 2,033,004 1,567,204
Amounts owed to group undertakings 2,968,675 2,657,598
6,522,937 4,975,549
8. Secured Creditors
Of the creditors the following amounts are secured.
9. Share Capital
2024 2023
Allotted, called up and fully paid £ £
522 Ordinary Shares of £ 1 each 522 522
10. Reserves
Fair Value Reserve
£
As at 1 December 2023 68,679
As at 30 November 2024 68,679
11. Related Party Transactions
12. Ultimate Controlling Party
The company's ultimate controlling party is Sana & Sons Limited by virtue of his ownership of 100% of the issued share capital in the company.
Page 5