REUBEN DIGITAL LIMITED

REUBEN DIGITAL LIMITED - Company Information

2021-03-012022-03-312022-03-31false09997942REUBEN DIGITAL LIMITED2022-06-29iso4217:GBPxbrli:pure099979422021-03-01099979422022-03-31099979422021-03-012022-03-31099979422020-03-01099979422021-02-28099979422020-03-012021-02-2809997942bus:SmallEntities2021-03-012022-03-3109997942bus:AuditExempt-NoAccountantsReport2021-03-012022-03-3109997942bus:AbridgedAccounts2021-03-012022-03-3109997942bus:PrivateLimitedCompanyLtd2021-03-012022-03-3109997942core:WithinOneYear2022-03-3109997942core:AfterOneYear2022-03-3109997942core:WithinOneYear2021-02-2809997942core:AfterOneYear2021-02-2809997942core:ShareCapital2022-03-3109997942core:SharePremium2022-03-3109997942core:RevaluationReserve2022-03-3109997942core:OtherReservesSubtotal2022-03-3109997942core:RetainedEarningsAccumulatedLosses2022-03-3109997942core:ShareCapital2021-02-2809997942core:SharePremium2021-02-2809997942core:RevaluationReserve2021-02-2809997942core:OtherReservesSubtotal2021-02-2809997942core:RetainedEarningsAccumulatedLosses2021-02-2809997942core:LandBuildings2022-03-3109997942core:PlantMachinery2022-03-3109997942core:Vehicles2022-03-3109997942core:FurnitureFittings2022-03-3109997942core:OfficeEquipment2022-03-3109997942core:NetGoodwill2022-03-3109997942core:IntangibleAssetsOtherThanGoodwill2022-03-3109997942core:ListedExchangeTraded2022-03-3109997942core:UnlistedNon-exchangeTraded2022-03-3109997942core:LandBuildings2021-02-2809997942core:PlantMachinery2021-02-2809997942core:Vehicles2021-02-2809997942core:FurnitureFittings2021-02-2809997942core:OfficeEquipment2021-02-2809997942core:NetGoodwill2021-02-2809997942core:IntangibleAssetsOtherThanGoodwill2021-02-2809997942core:ListedExchangeTraded2021-02-2809997942core:UnlistedNon-exchangeTraded2021-02-2809997942core:LandBuildings2021-03-012022-03-3109997942core:PlantMachinery2021-03-012022-03-3109997942core:Vehicles2021-03-012022-03-3109997942core:FurnitureFittings2021-03-012022-03-3109997942core:OfficeEquipment2021-03-012022-03-3109997942core:NetGoodwill2021-03-012022-03-3109997942core:IntangibleAssetsOtherThanGoodwill2021-03-012022-03-3109997942core:ListedExchangeTraded2021-03-012022-03-3109997942core:UnlistedNon-exchangeTraded2021-03-012022-03-3109997942core:MoreThanFiveYears2021-03-012022-03-3109997942core:Non-currentFinancialInstruments2022-03-3109997942core:Non-currentFinancialInstruments2021-02-2809997942dpl:CostSales2021-03-012022-03-3109997942dpl:DistributionCosts2021-03-012022-03-3109997942dpl:AdministrativeExpenses2021-03-012022-03-3109997942core:LandBuildings2021-03-012022-03-3109997942core:PlantMachinery2021-03-012022-03-3109997942core:Vehicles2021-03-012022-03-3109997942core:FurnitureFittings2021-03-012022-03-3109997942core:OfficeEquipment2021-03-012022-03-3109997942core:NetGoodwill2021-03-012022-03-3109997942core:IntangibleAssetsOtherThanGoodwill2021-03-012022-03-3109997942dpl:GroupUndertakings2021-03-012022-03-3109997942dpl:ParticipatingInterests2021-03-012022-03-3109997942dpl:GroupUndertakingscore:ListedExchangeTraded2021-03-012022-03-3109997942core:ListedExchangeTraded2021-03-012022-03-3109997942dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2021-03-012022-03-3109997942core:UnlistedNon-exchangeTraded2021-03-012022-03-3109997942dpl:CostSales2020-03-012021-02-2809997942dpl:DistributionCosts2020-03-012021-02-2809997942dpl:AdministrativeExpenses2020-03-012021-02-2809997942core:LandBuildings2020-03-012021-02-2809997942core:PlantMachinery2020-03-012021-02-2809997942core:Vehicles2020-03-012021-02-2809997942core:FurnitureFittings2020-03-012021-02-2809997942core:OfficeEquipment2020-03-012021-02-2809997942core:NetGoodwill2020-03-012021-02-2809997942core:IntangibleAssetsOtherThanGoodwill2020-03-012021-02-2809997942dpl:GroupUndertakings2020-03-012021-02-2809997942dpl:ParticipatingInterests2020-03-012021-02-2809997942dpl:GroupUndertakingscore:ListedExchangeTraded2020-03-012021-02-2809997942core:ListedExchangeTraded2020-03-012021-02-2809997942dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2020-03-012021-02-2809997942core:UnlistedNon-exchangeTraded2020-03-012021-02-2809997942core:NetGoodwill2022-03-3109997942core:IntangibleAssetsOtherThanGoodwill2022-03-3109997942core:LandBuildings2022-03-3109997942core:PlantMachinery2022-03-3109997942core:Vehicles2022-03-3109997942core:FurnitureFittings2022-03-3109997942core:OfficeEquipment2022-03-3109997942core:AfterOneYear2022-03-3109997942core:WithinOneYear2022-03-3109997942core:ListedExchangeTraded2022-03-3109997942core:UnlistedNon-exchangeTraded2022-03-3109997942core:ShareCapital2022-03-3109997942core:SharePremium2022-03-3109997942core:RevaluationReserve2022-03-3109997942core:OtherReservesSubtotal2022-03-3109997942core:RetainedEarningsAccumulatedLosses2022-03-3109997942core:NetGoodwill2021-02-2809997942core:IntangibleAssetsOtherThanGoodwill2021-02-2809997942core:LandBuildings2021-02-2809997942core:PlantMachinery2021-02-2809997942core:Vehicles2021-02-2809997942core:FurnitureFittings2021-02-2809997942core:OfficeEquipment2021-02-2809997942core:AfterOneYear2021-02-2809997942core:WithinOneYear2021-02-2809997942core:Listed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Registered Number
09997942
(England and Wales)

Unaudited Financial Statements for the Period ended
31 March 2022

REUBEN DIGITAL LIMITED

Company Information
for the period from 1 March 2021 to 31 March 2022


Directors	STEPHENS, Raymond


Registered Address	3 Swindon Street
	Highworth
	Swindon
	SN6 7AH


Registered Number	09997942 (England and Wales)

REUBEN DIGITAL LIMITED

Balance Sheet as at
31 March 2022

	Notes	31 Mar 2022		28 Feb 2021
		£	£	£	£
Fixed assets
Intangible assets	6		2,675		3,000
Tangible assets	7		1,878		-
			4,553		3,000
Current assets
Debtors	10	151,353		158,691
Cash at bank and on hand		15,221		6,874
		166,574		165,565
Creditors amounts falling due within one year		(76,729)		(51,196)
Net current assets (liabilities)			89,845		114,369
Total assets less current liabilities			94,398		117,369
Provisions for liabilities			(357)		-
Net assets			94,041		117,369
Capital and reserves
Called up share capital			1		1
Profit and loss account			94,040		117,368
Shareholders' funds			94,041		117,369

The company was entitled to exemption from audit for this reporting period under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The Director acknowledges their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime. The directors have chosen to not file a copy of the company’s profit and loss account.
The members have agreed to the preparation of abridged accounts for this accounting period in accordance with section 444(2A).

The financial statements were approved and authorised for issue by the Director on 29 June 2022, and are signed on its behalf by:

STEPHENS, Raymond
Director
Registered Company No. 09997942

REUBEN DIGITAL LIMITED

Notes to the Financial Statements
for the period ended 31 March 2022

1.	Statutory information
	The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2.	Compliance with applicable reporting framework
	The financial statements have been prepared in compliance with FRS 102 Section 1A as it applies to the financial statements for the period and there were no material departures from the reporting standard.

3.	Principal activities
	The principal activity of the company during the period was the design and hosting of software solutions

4.	Accounting policies

	Property, plant and equipment policy
	Tangible fixed assets are stated at cost or valuation less depreciation. Depreciation is provided on all tangible fixed assets as follows:


		Straight line (years)
	Office Equipment	5

	Intangible assets policy
	Intangible assets are stated at cost less amortisation

	Revenue recognition policy
	Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.

Revenue recognition policy

Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.

	Taxation policy
	Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.

	Deferred tax policy
	Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. 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. Current and deferred tax assets and liabilities are not discounted.

Deferred tax policy

Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. 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. Current and deferred tax assets and liabilities are not discounted.

	Foreign currency translation and operations policy
	Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.

Foreign currency translation and operations policy

Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.

	Employee benefits policy
	Contributions to defined contribution plans are expensed in the period to which they relate.

5.	Employee information


		2022		2021
	Average number of employees during the year	11		8

6.	Intangible assets

		Total
		£
	Cost or valuation
	At 01 March 21	3,000
	At 31 March 22	3,000
	Amortisation and impairment
	Charge for year	325
	At 31 March 22	325
	Net book value
	At 31 March 22	2,675
	At 28 February 21	3,000

7.	Property, plant and equipment

		Total
		£
	Cost or valuation
	Additions	2,282
	At 31 March 22	2,282
	Depreciation and impairment
	Charge for year	404
	At 31 March 22	404
	Net book value
	At 31 March 22	1,878
	At 28 February 21	-

8.	Directors benefits

	Brought forward	Amount advanced	Amount repaid	Carried forward
	£	£	£	£
STEPHENS, Raymond	0	45,436	22,718	22,718
Directors loan advanced
	0	45,436	22,718	22,718

9.	Dividends proposed and payable

	2022	2021
	£	£
Dividends Paid	22,718	-
Total	22,718	-

10.	Debtors

	2022	2021
	£	£
Trade debtors / trade receivables	68,574	99,856
Amounts owed by associates and joint ventures / participating interests	44,398	48,650
Other debtors	22,718	-
Prepayments and accrued income	15,663	10,185
Total	151,353	158,691


	Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.