Ruby Group Ltd

Contents

Statement of Financial Position	1
Notes to the Unaudited Financial Statements	2 to 6

Ruby Group Ltd

(Registration number: 13562415)
Statement of Financial Position as at 31 August 2025

	Note	2025 £	2024 £
Fixed assets
Tangible assets	4	357,731	357,865
Current assets
Debtors	5	2,500	2,438
Cash at bank and in hand		2,326	1,489
		4,826	3,927
Creditors: Amounts falling due within one year	6	(331,263)	(339,551)
Net current liabilities		(326,437)	(335,624)
Total assets less current liabilities		31,294	22,241
Provisions for liabilities		(2,907)	(2,907)
Net assets		28,387	19,334
Capital and reserves
Called up share capital		100	100
Profit and loss account		28,287	19,234
Shareholders' funds		28,387	19,334

For the financial year ending 31 August 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

•	The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and
•	The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Statement of Comprehensive Income.

Approved and authorised by the Board on 23 April 2026 and signed on its behalf by:
 

Dr Kevin McEwan Director

Ruby Group Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 August 2025

1	General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
67 Kings Road
Harrow
HA2 9JG

Principal activity

The principal activity of the company is property investment.

2	Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

The financial statements are prepared in sterling which is the functional currency of the entity.

Going concern

The financial statements have been prepared on a going concern basis.

Ruby Group Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 August 2025 (continued)

2	Accounting policies (continued)

Judgements and key sources of estimation uncertainty

The preparation of the financial statements requires management to make judgements, estimates and assumptions that affect the amounts reported. These estimates and judgements are continually reviewed and are based on experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances.

Accounting estimates and assumptions are made concerning the future and, by their nature, will rarely equal the related actual outcome.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of value added tax, returns, rebates and discounts.

The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

Tax

The tax expense for the period comprises current and deferred tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

Deferred tax is recognised in respect of all timing differences between taxable profits and profits reported in the financial statements.

Unrelieved tax losses and other deferred tax assets are recognised when it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used.

Tangible assets

Tangible assets are stated in the statement of financial position at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Ruby Group Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 August 2025 (continued)

2	Accounting policies (continued)

Asset class	Depreciation method and rate
Investment property	No depreciation is applied to investment properties.
Fixtures and fittings	15% straight line

Impairment

A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date.

Investment property

Investment property is measured initially at cost, which includes purchase price and any directly
attributable expenditure. Investment property is revalued to its fair value at each reporting date and any changes in fair value are recognised in profit or loss.

Cash and cash equivalents

Cash and cash equivalents comprise cash at bank and in hand, demand deposits with banks, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value. In the statement of financial position, bank overdrafts are shown within borrowing or current liabilities.

Financial instruments

Recognition and measurement
A financial asset or a financial liability is recognised only when the company becomes party to the contractual provisions of the instrument.

Basic financial instruments are initially recognised at the transaction price, unless the arrangement constitutes a financing transaction, where it is recognised at the present value of the future payments discounted at a market rate of interest for a similar debt instrument.

3	Staff numbers

The average number of persons employed by the company (including directors) during the year, was 3 (2024 - 3).

Ruby Group Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 August 2025 (continued)

4	Tangible assets

	Land and buildings £	Long leasehold land and buildings £	Fixtures and fittings £	Total £
Cost or valuation
At 1 September 2024	190,000	165,000	4,093	359,093
Additions	-	-	564	564
At 31 August 2025	190,000	165,000	4,657	359,657
Depreciation
At 1 September 2024	-	-	1,228	1,228
Charge for the year	-	-	698	698
At 31 August 2025	-	-	1,926	1,926
Carrying amount
At 31 August 2025	190,000	165,000	2,731	357,731
At 31 August 2024	190,000	165,000	2,865	357,865

Included within the net book value of land and buildings above is £190,000 (2024 - £190,000) in respect of freehold land and buildings and £165,000 (2024 - £165,000) in respect of long leasehold land and buildings.
 

Revaluation

The fair value of the company's investment properties was revalued on 31 August 2025. An independent valuer was not involved.
The properties were valued by the directors based on current market conditions..
Had this class of asset been measured on a historical cost basis, the carrying amount would have been £343,373 (2024 - £343,373).

5

Debtors

	2025 £	2024 £
Other debtors	2,500	2,438
	2,500	2,438

Ruby Group Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 August 2025 (continued)

6

Creditors

Creditors: amounts falling due within one year

	2025 £	2024 £
Due within one year
Taxation and social security	2,535	1,879
Accruals and deferred income	1,197	1,134
Other creditors	327,531	336,538
	331,263	339,551

7

Reserves

Profit and loss account:

This reserve records retained earnings and accumulated losses.

Included within the profit and loss account is non-distributable reserves totalling £11,627.

8	Related party transactions

Transactions with directors

During the year the directors entered into the following interest free advances and credits with the company:

2025	At 1 September 2024 £	Advances to director £	Repayments by director £	At 31 August 2025 £
Directors	(334,100)	(3,681)	12,750	(325,031)

2024	At 1 September 2023 £	Advances to director £	Repayments by director £	At 31 August 2024 £
Directors	(344,317)	(1,483)	11,700	(334,100)