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REGISTERED NUMBER: OC445760 (England and Wales)















Ruby Cornerstone LLP

Unaudited Financial Statements for the Year Ended 31 March 2025






Ruby Cornerstone LLP (Registered number: OC445760)






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




Page

Balance Sheet 1

Notes to the Financial Statements 4


Ruby Cornerstone LLP (Registered number: OC445760)

Balance Sheet
31 March 2025

2025 2024
Notes £    £    £    £   
FIXED ASSETS
Investment property 4 417,688 400,000

CURRENT ASSETS
Debtors 5 8,120 8,584
Cash at bank 1,738 4,704
9,858 13,288
CREDITORS
Amounts falling due within one year 6 36 -
NET CURRENT ASSETS 9,822 13,288
TOTAL ASSETS LESS CURRENT
LIABILITIES

427,510

413,288

CREDITORS
Amounts falling due after more than
one year

7

184,986

185,618
NET ASSETS ATTRIBUTABLE TO
MEMBERS

242,524

227,670

Ruby Cornerstone LLP (Registered number: OC445760)

Balance Sheet - continued
31 March 2025

2025 2024
Notes £    £    £    £   
LOANS AND OTHER DEBTS DUE TO
MEMBERS

8

14,854

-

MEMBERS' OTHER INTERESTS
Capital accounts 227,670 227,670
242,524 227,670

TOTAL MEMBERS' INTERESTS
Loans and other debts due to
members

8

14,854

-
Members' other interests 227,670 227,670
Amounts due from members 5 - (8,584 )
242,524 219,086

The LLP is entitled to exemption from audit under Section 477 of the Companies Act 2006 as applied to LLPs by the Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008 for the year ended 31 March 2025.

The members acknowledge their responsibilities for:
(a)ensuring that the LLP keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 as applied to LLPs by the Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the LLP 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 as applied to LLPs by the Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008 relating to financial statements, so far as applicable to the LLP.

Ruby Cornerstone LLP (Registered number: OC445760)

Balance Sheet - continued
31 March 2025


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

In accordance with Section 444 of the Companies Act 2006 as applied to LLPs by the Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008, the Income Statement has not been delivered.

The financial statements were approved by the members of the LLP and authorised for issue on 4 August 2025 and were signed by:




Mr O L Oladunni - Designated member




Mrs J R C Oladunni - Designated member


Ruby Cornerstone LLP (Registered number: OC445760)

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

1. STATUTORY INFORMATION

Ruby Cornerstone LLP is registered in England and Wales. The LLP's registered number and registered office address are as below:

Registered number: OC445760

Registered office: Suite 16 Enterprise House
Telford Road
Bicester
Oxon
OX26 4LD

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 requirements of the Statement of Recommended Practice, Accounting by Limited Liability Partnerships. The financial statements have been prepared under the historical cost convention as modified by the revaluation of certain assets.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Investment property
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

Financial instruments
Basic financial instruments are recognised at amortised cost, except for investments in non convertible preference preference and non-puttable ordinary shares which are measured at fair value, with changes recognised in profit or loss. Derivative financial instruments are initially recorded at cost and thereafter at fair value with changes recognised in profit or loss.

3. EMPLOYEE INFORMATION

The average number of employees during the year was 2 (2024 - 2 ) .

Ruby Cornerstone LLP (Registered number: OC445760)

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

4. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 April 2024 400,000
Revaluations 17,688
At 31 March 2025 417,688
NET BOOK VALUE
At 31 March 2025 417,688
At 31 March 2024 400,000

Fair value at 31 March 2025 is represented by:
£   
Valuation in 2024 (5,000 )
Valuation in 2025 17,688
Cost 405,000
417,688

If the investment property had not been revalued it would have been included at the following historical cost:

2025 2024
£    £   
Cost 405,000 405,000

The investment property was valued on an open market basis on 31 March 2025 by the partners .

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2024
£    £   
Other debtors 8,120 8,584

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2024
£    £   
Other creditors 36 -

Ruby Cornerstone LLP (Registered number: OC445760)

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

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN
ONE YEAR
2025 2024
£    £   
Other creditors 184,986 185,618

8. LOANS AND OTHER DEBTS DUE TO MEMBERS

In the event of a winding up, the amounts included in 'Loans and other debts due to members' will rank equally with unsecured creditors.