ACCOUNTS - Final Accounts preparation

The net book value of land and buildings may be further analysed as follows:

Registered number: 03481567

RUMEX LIMITED

UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE PERIOD ENDED 31 MARCH 2025


RUMEX LIMITED REGISTERED NUMBER:03481567

BALANCE SHEET

AS AT 31 MARCH 2025

	31 March	31 December
	2025	2023
Note	£	£

Fixed assets
Tangible assets	4		-		1,243,861
			-		1,243,861
Current assets
Debtors	5	13,333		36,758
Cash at bank and in hand		1,683		37,561
		15,016		74,319
Creditors: amounts falling due within one year	6	(9,148)		(1,363,421)
Net current assets/(liabilities)			5,868		(1,289,102)
Total assets less current liabilities			5,868		(45,241)
Creditors: amounts falling due after more than one year	7		(5,866)		(16,592)

Net assets/(liabilities)			2		(61,833)

Capital and reserves
Called up share capital	2	2
Profit and loss account	-	(61,835)
	2	(61,833)

Page 1


RUMEX LIMITED REGISTERED NUMBER:03481567

BALANCE SHEET (CONTINUED)

AS AT 31 MARCH 2025

The director considers that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the period in question in accordance with section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime and in accordance with the provisions of FRS 102 Section 1A - small entities.

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

The Company has opted not to file the profit and loss account in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf on 8 December 2025.

___________________________

Mrs Mary Daly

Director

Page 2


RUMEX LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE PERIOD ENDED 31 MARCH 2025

1.	General information

Rumex Limited is a private company, limited by shares, incorporated in England and Wales. The registered office is 170 Golders Green Road, London, NW11 8BB

2.Accounting policies

2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Section 1A of Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.

The following principal accounting policies have been applied:

2.2

Turnover

Turnover is recognised at the fair value of the consideration received or receivable for services provided in the normal course of business, and is shown net of VAT and other related taxes. The fair value of consideration takes into account trade discount, settlement discount and volume rebates.

2.3

Finance costs

Finance costs are charged to profit or loss over the term of the debt using the effective interest method so that 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.

2.4

Borrowing costs

All borrowing costs are recognised in profit or loss in the period in which they are incurred.

2.5

Tangible fixed assets

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, on a reducing balance basis.

Depreciation is provided on the following basis:

Short-term leasehold property	-
Plant and machinery	-	25%	reducing balance
Fixtures and fittings	-	15%	reducing balance

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss.

Page 3


RUMEX LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE PERIOD ENDED 31 MARCH 2025

Employees

The average monthly number of employees, including directors, during the period was 1 (2023 - 3).

4.	Tangible fixed assets

	Short-term leasehold property	Plant and machinery	Total
	£	£	£

At 1 January 2024	1,239,714	52,753	1,292,467
Disposals	(1,239,714)	(52,753)	(1,292,467)
At 31 March 2025	-	-	-

At 1 January 2024	-	48,606	48,606
Disposals	-	(48,606)	(48,606)
At 31 March 2025	-	-	-
Net book value
At 31 March 2025	-	-	-
At 31 December 2023	1,239,714	4,147	1,243,861

Short leasehold	-	1,239,714
	-	1,239,714

Page 4


RUMEX LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE PERIOD ENDED 31 MARCH 2025

Debtors

					31 March	31 December
					2025	2023
					£	£


Amounts owed by related undertaking	10,302	-
Other debtors	3,031	36,758
	13,333	36,758

Bank loans	9,148	9,148
Trade creditors	-	13,629
Amounts owed to related undertaking	-	1,066,966
Other creditors	-	267,678
Accruals	-	6,000
	9,148	1,363,421

Bank loans	5,866	16,592
	5,866	16,592

8.	Post balance sheet events

Due to major refurbishment works, the company did not trade for the period ended 31 March 2025.

9.	Controlling party

Mary Daly owns 100% of the issued share capital of the company and is therefore the ultimate controller of the company.

Page 5