Company No: 05149099 (England and Wales)

Contents

• Company Information
• Accountants' Report
• Balance Sheet
• Notes to the Financial Statements

Director

R G B Burgoyne

Registered office	Unit 3 Meadowlands
	Slugwash Lane
	Wivelsfield
	RH17 7RQ
	United Kingdom

Company number

05149099 (England and Wales)

Accountant	Kreston Reeves LLP
	9 Donnington Park
	85 Birdham Road
	Chichester
	West Sussex
	PO20 7AJ

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Ruby Properties (Wivelsfield) Ltd for the financial year ended 31 December 2024 which comprise the Balance Sheet and the related notes 1 to 9 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 www.icaew.com/regulation.

It is your duty to ensure that Ruby Properties (Wivelsfield) Ltd 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 Ruby Properties (Wivelsfield) Ltd. You consider that Ruby Properties (Wivelsfield) Ltd is exempt from the statutory audit requirement for the financial year.

We have not been instructed to carry out an audit or a review of the financial statements of Ruby Properties (Wivelsfield) Ltd. 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.

This report is made solely to the Director of Ruby Properties (Wivelsfield) Ltd, as a body, in accordance with the terms of our engagement letter dated 21 October 2021. Our work has been undertaken solely to prepare for your approval the financial statements of Ruby Properties (Wivelsfield) Ltd and state those matters that we have agreed to state to the director of Ruby Properties (Wivelsfield) Ltd, as a body, in this report in accordance with ICAEW Technical Release 07/16 AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Ruby Properties (Wivelsfield) Ltd and its Director as a body for our work or for this report.

Kreston Reeves LLP
Chartered Accountants

9 Donnington Park
85 Birdham Road
Chichester
West Sussex
PO20 7AJ

26 September 2025

	Note	2024		2023
		£		£
Fixed assets
Tangible assets	3	30,579		32,757
		30,579		32,757
Current assets
Debtors	4	87,834		74,937
Cash at bank and in hand		9,483		594
		97,317		75,531
Creditors: amounts falling due within one year	5	( 21,579)		( 46,031)
Net current assets		75,738		29,500
Total assets less current liabilities		106,317		62,257
Creditors: amounts falling due after more than one year	6	( 21,200)		( 4,060)
Provision for liabilities	7	( 2,467)		( 2,278)
Net assets		82,650		55,919
Capital and reserves
Called-up share capital		1		1
Profit and loss account		82,649		55,918
Total shareholder's funds		82,650		55,919

For the financial year ending 31 December 2024 the Company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

• The member has not required the Company to obtain an audit of its financial statements for the financial year in accordance with section 476;
• The director acknowledges their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements; and
• These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime and a copy of the Statement of Income and Retained Earnings has not been delivered.

The financial statements of Ruby Properties (Wivelsfield) Ltd (registered number: 05149099) were approved and authorised for issue by the Director on 24 September 2025. They were signed on its behalf by:

R G B Burgoyne Director

1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial year and to the preceding financial year, unless otherwise stated.

General information and basis of accounting

Ruby Properties (Wivelsfield) Ltd (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the Company's registered office is Unit 3 Meadowlands, Slugwash Lane, Wivelsfield, RH17 7RQ, United Kingdom.

The financial statements have been prepared under the historical cost convention, modified to include the revaluation of freehold properties and to include investment properties and certain items at fair value, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.

The financial statements are presented in pounds sterling which is the functional currency of the Company and rounded to the nearest £.

Turnover

Turnover is stated net of VAT and trade discounts and is recognised when the significant risks and rewards are considered to have been transferred to the buyer. Turnover from the supply of services represents the value of services provided under contracts to the extent that there is a right to consideration and is recorded at the fair value of the consideration received or receivable. Where a contract has only been partially completed at the Balance Sheet date turnover represents the fair value of the service provided to date based on the stage of completion of the contract activity at the Balance Sheet date. Where payments are received from customers in advance of services provided, the amounts are recorded as deferred income and included as part of creditors due within one year.

Interest income

Interest income is recognised when it is probable that the economic benefits will flow to the Company and the amount of revenue can be measured reliably. Interest income is accrued on a time basis, by reference to the principal outstanding at the effective interest rate applicable, which is the rate that exactly discounts estimated future cash receipts through the expected life of the financial asset to that asset's net carrying amount on initial recognition.

Employee benefits

Defined contribution schemes
The Company operates a defined contribution scheme. The amount charged to the Statement of Income and Retained Earnings in respect of pension costs and other post-retirement benefits is the contributions payable in the financial year. Differences between contributions payable in the financial year and contributions actually paid are included as either accruals or prepayments in the Balance Sheet.

Finance costs

Finance costs are charged to the Statement of Income and Retained Earnings over the term of the debt using the effective interest method so the amount charged is at a constant rate on the carrying amount. Issue costs are initially recognised as a reduction in the proceeds of the associated capital instrument.

Taxation

Current tax
Current tax is provided at amounts expected to be paid (or recoverable) using the tax rates and laws that have been enacted or substantively enacted at the Balance Sheet date.

Deferred tax
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the Company's financial statements. Deferred tax is provided in full on timing differences which result in an obligation to pay more or less tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws. Deferred tax assets and liabilities are not discounted.

The carrying amount of deferred tax assets are reviewed at each reporting date and a valuation allowance is set up against deferred tax assets so that the net carrying amount equals the highest amount that is more likely than not to be recovered based on current or future taxable profit.

Tangible fixed assets

Tangible fixed assets are stated at cost or valuation, net of depreciation and any provision for impairment. Depreciation is provided on all tangible fixed assets, other than investment property and freehold land, at rates calculated to write off the cost or valuation, less estimated residual value, of each asset on a straight-line or reducing balance basis over its expected useful life, as follows:

Land and buildings	5 years straight line
Plant and machinery	10 years straight line
Vehicles	5 years straight line
Fixtures and fittings	3 years straight line
Computer equipment	3 years straight line

Residual value represents the estimated amount which would currently be obtained from disposal of an asset, after deducting estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life.

The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to profit or loss.

Trade and other debtors

Trade and other debtors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest method less impairment losses for bad and doubtful debts, except where the effect of discounting would be immaterial. In such cases the receivables are stated at cost less impairment losses for bad and doubtful debts.

Cash and cash equivalents

Cash and cash equivalents are basic financial assets and include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in creditors: amounts falling due within one year.

Trade and other creditors

Trade and other creditors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest rate method, unless the effect of discounting would be immaterial, in which case they are stated at cost.

Financial instruments

Financial assets and financial liabilities are recognised when the Company becomes a party to the contractual provisions of the instrument.

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the Company after deducting all of its liabilities.

Financial assets and liabilities are only offset in the Balance Sheet when, and only when there exists a legally enforceable right to set off the recognised amounts and the Company intends either to settle on a net basis, or to realise the asset and settle the liability simultaneously.

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.

2. Employees

	2024		2023
	Number		Number
Monthly average number of persons employed by the Company during the year, including the director	1		1

3. Tangible assets

	Land and buildings		Plant and machinery		Vehicles		Fixtures and fittings		Computer equipment		Total
	£		£		£		£		£		£
Cost
At 01 January 2024	52,064		19,571		15,000		3,925		3,830		94,390
Additions	0		3,600		0		2,768		0		6,368
At 31 December 2024	52,064		23,171		15,000		6,693		3,830		100,758
Accumulated depreciation
At 01 January 2024	44,552		4,459		6,000		3,560		3,062		61,633
Charge for the financial year	2,373		1,987		3,000		687		499		8,546
At 31 December 2024	46,925		6,446		9,000		4,247		3,561		70,179
Net book value
At 31 December 2024	5,139		16,725		6,000		2,446		269		30,579
At 31 December 2023	7,512		15,112		9,000		365		768		32,757

4. Debtors

	2024		2023
	£		£
Other debtors	87,834		74,937

5. Creditors: amounts falling due within one year

	2024		2023
	£		£
Bank loans	2,860		7,712
Trade creditors	1,020		800
Accruals and deferred income	4,492		1,850
Corporation tax	10,567		33,029
Other creditors	2,640		2,640
	21,579		46,031

6. Creditors: amounts falling due after more than one year

	2024		2023
	£		£
Bank loans and overdrafts	1,200		4,060
Other loans	20,000		0
	21,200		4,060

Bank loans
	2024		2023
	£		£
Between one and two years	1,200		2,860
Between two and five years	0		1,200
After five years	0		0
	1,200		4,060
On demand or within one year	2,860		7,712
	4,060		11,772

7. Deferred tax

	2024		2023
	£		£
At the beginning of financial year	( 2,278)		( 3,351)
(Charged)/credited to the Statement of Income and Retained Earnings	( 189)		1,073
At the end of financial year	( 2,467)		( 2,278)

The deferred taxation balance is made up as follows:

	2024		2023
	£		£
Accelerated capital allowances	( 2,467)		( 2,278)

8. Financial commitments

Pensions

The Company operates a defined contribution pension scheme for the director and employees. The assets of the scheme are held separately from those of the Company in an independently administered fund.

	2024		2023
	£		£
The pension cost charge represents contributions payable by the company to the fund and amounted to	3,114		3,114

9. Related party transactions

Transactions with the entity's director

	2024		2023
	£		£
At the year end the balance due to company was	65,596		55,953

During the year the company provided an additional loan to the director of £9,643. Interest was charged at 2.25% per annum.