Company Registration No. 11727173 (England and Wales)
RJM LONDON LTD
Unaudited accounts
for the year ended 31 December 2022
RJM LONDON LTD
Unaudited accounts
Contents
RJM LONDON LTD
Company Information
for the year ended 31 December 2022
Directors
Richard Freeman
Arti Syndhya Mehan
Jyoti Mehan
Company Number
11727173 (England and Wales)
Registered Office
12 Hemingford Road
Cheam
Sutton
SM3 8HG
United Kingdom
Accountants
Aidhan and Partners
Simply Accountants Ltd
8 Devonshire Square
London
EC2M 4PL
RJM LONDON LTD
Statement of financial position
as at 31 December 2022
Investment property
820,000
820,000
Cash at bank and in hand
19,052
20,944
Creditors: amounts falling due within one year
(334,765)
(342,765)
Net current liabilities
(315,713)
(321,821)
Total assets less current liabilities
504,287
498,179
Creditors: amounts falling due after more than one year
(481,166)
(481,166)
Provisions for liabilities
Deferred tax
(3,100)
(7,492)
Called up share capital
2
2
Revaluation reserve
31,943
31,943
Profit and loss account
(11,924)
(22,424)
Shareholders' funds
20,021
9,521
For the year ending 31 December 2022 the company was entitled to exemption from audit 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 directors acknowledge 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 and delivered 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 profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 28 September 2023 and were signed on its behalf by
Richard Freeman
Director
Company Registration No. 11727173
RJM LONDON LTD
Notes to the Accounts
for the year ended 31 December 2022
RJM LONDON LTD is a private company, limited by shares, registered in England and Wales, registration number 11727173. The registered office is 12 Hemingford Road, Cheam, Sutton, SM3 8HG, United Kingdom.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover represents rental income from investment properties
Investment property is included at market fair value. Gains are recognised in the income statement. Deferred taxation is provided on these gains at the rate expected to apply when the property is sold.
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws.
Deferred tax assets and liabilities are not discounted.
Fair value at 1 January 2022
820,000
At 31 December 2022
820,000
Investment properties were valued on an open market basis on 31 December 2022 by the directors. If the investment properties had not been valued they would have been included at the historical value of £820,000 ( 2021: £820,000)
5
Creditors: amounts falling due within one year
2022
2021
Loans from directors
333,685
341,685
RJM LONDON LTD
Notes to the Accounts
for the year ended 31 December 2022
6
Creditors: amounts falling due after more than one year
2022
2021
Bank loans
481,166
481,166
Allotted, called up and fully paid:
2 Ordinary shares of £1 each
2
2
8
Average number of employees
During the year the average number of employees was 3 (2021: 3).