REGISTERED NUMBER: 08776839 (England and Wales)

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 28 NOVEMBER 2025

FOR

RUBIX PROPERTIES LTD

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

N J Russell

J R Britnell

REGISTERED OFFICE:

Fulford House

Newbold Terrace

Leamington Spa

Warwickshire

CV32 4EA

REGISTERED NUMBER:

08776839 (England and Wales)

ACCOUNTANTS:

TGFP

Chartered Accountants

Fulford House

Newbold Terrace

Leamington Spa

Warwickshire

CV32 4EA

FIXED ASSETS

Tangible assets

4

6,728

8,971

Investments

5

-

32

Investment property

6

252,037

589,726

258,765

598,729

CURRENT ASSETS

Debtors

7

255,576

91,194

Cash at bank

1,255

3,865

256,831

95,059

CREDITORS

Amounts falling due within one year

8

174,356

127,178

NET CURRENT ASSETS/(LIABILITIES)

82,475

(32,119

)

TOTAL ASSETS LESS CURRENT LIABILITIES

341,240

566,610

CREDITORS

Amounts falling due after more than one year

9

193,010

437,860

NET ASSETS

148,230

128,750

CAPITAL AND RESERVES

Called up and paid share capital

100

100

Retained earnings

148,130

128,650

148,230

128,750

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28 November 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 28 November 2025 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company 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 relating to financial statements, so far as applicable to the company.

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

In accordance with Section 444 of the Companies Act 2006, the Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 3 August 2026 and were signed on its behalf by:

J R Britnell - Director

N J Russell - Director

1.	STATUTORY INFORMATION

Rubix Properties Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

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 Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Preparation of consolidated financial statements

The financial statements contain information about Rubix Properties Ltd as an individual company and do not contain consolidated financial information as the parent of a group. The company is exempt under Section 399(2A) of the Companies Act 2006 from the requirements to prepare consolidated financial statements.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery

-

25% on reducing balance

Investments in associates

Investments in associate undertakings are recognised at cost.

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.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

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

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Financial instruments

Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 5 (2024 - 5 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

£

COST

At 29 November 2024

and 28 November 2025

15,950

DEPRECIATION

At 29 November 2024

6,979

Charge for year

2,243

At 28 November 2025

9,222

NET BOOK VALUE

At 28 November 2025

6,728

At 28 November 2024

8,971

5.	FIXED ASSET INVESTMENTS

Interest

in

associate

£

COST

At 29 November 2024

32

Disposals

(32

)

At 28 November 2025

-

NET BOOK VALUE

At 28 November 2025

-

At 28 November 2024

32

6.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 29 November 2024

589,726

Disposals

(337,689

)

At 28 November 2025

252,037

NET BOOK VALUE

At 28 November 2025

252,037

At 28 November 2024

589,726

7.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

-

288

Other debtors

255,127

90,627

VAT

449

279

255,576

91,194

8.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Hire purchase contracts

-

3,331

Trade creditors

3,507

3,599

Amounts owed to group undertakings

45,500

-

Other creditors

55,240

50,140

Accrued expenses

70,109

70,108

174,356

127,178

9.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Bank loans more 5 yr by instal

193,010

437,860

Amounts falling due in more than five years:

Repayable by instalments

Bank loans more 5 yr by instal

193,010

437,860

10.	SECURED DEBTS

The following secured debts are included within creditors:

2025

2024

£

£

Bank loans

193,010

437,860

Paragon bank holds 2 fixed charges over all assets of the company.