Rubix Construction (UK) Ltd - Abbreviated accounts 16.3

REGISTERED NUMBER: 07849109 (England and Wales)

ABBREVIATED UNAUDITED ACCOUNTS FOR THE YEAR ENDED 30 NOVEMBER 2016

FOR

RUBIX CONSTRUCTION (UK) LTD

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTOR:

D Easton

REGISTERED OFFICE:

2 Upperton Gardens

Eastbourne

East Sussex

BN21 2AH

REGISTERED NUMBER:

07849109 (England and Wales)

ACCOUNTANTS:

OBC The Accountants Ltd

2 Upperton Gardens

Eastbourne

East Sussex

BN21 2AH

FIXED ASSETS

Tangible assets

2

2,889

2,219

CURRENT ASSETS

Debtors

18,096

43,313

Cash at bank

47,280

13,890

65,376

57,203

CREDITORS

Amounts falling due within one year

55,406

83,353

NET CURRENT ASSETS/(LIABILITIES)

9,970

(26,150

)

TOTAL ASSETS LESS CURRENT
LIABILITIES

12,859

(23,931

)

CAPITAL AND RESERVES

Called up share capital

3

200

Profit and loss account

12,659

(24,131

)

SHAREHOLDERS' FUNDS

12,859

(23,931

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 November 2016.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 November 2016 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 abbreviated accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.

The financial statements were approved by the director on 21 August 2017 and were signed by:

D Easton - Director

1.	ACCOUNTING POLICIES

Accounting convention

The financial statements have been prepared under the historical cost convention and in accordance

with the Financial Reporting Standard for Smaller Entities (effective January 2015).

Turnover

Turnover represents net invoiced sales of goods, excluding value added tax.

Tangible fixed assets

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

Fixtures and fittings

-

25% on reducing balance

Computer equipment

-

33.33% on cost

Deferred tax

Deferred tax is provided in full in respect of taxation deferred by timing differences between the

treatment of certain items for taxation and accounting purposes. The deferred tax balance has not been

discounted.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the

company's pension scheme are charged to the profit and loss account in the period to which they

relate.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 December 2015

7,404

Additions

2,220

At 30 November 2016

9,624

DEPRECIATION

At 1 December 2015

5,185

Charge for year

1,550

At 30 November 2016

6,735

NET BOOK VALUE

At 30 November 2016

2,889

At 30 November 2015

2,219

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2016

2015

value:

as restated

£

100

Ordinary

£1

100

Ordinary B

£1

100

200

4.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 30 November 2016

and 30 November 2015:

2016

2015

as restated

£

D Easton

Balance outstanding at start of year

(2,897

)

-

Amounts advanced

45,495

40,126

Amounts repaid

(43,061

)

(43,023

)

Balance outstanding at end of year

(463

)

(2,897

)