2 false false false false false false false false false false true false false false false false false No description of principal activity 2022-02-01 Sage Accounts Production Advanced 2023 - FRS102_2023 xbrli:pure xbrli:shares iso4217:GBP 09372924 2022-02-01 2023-01-31 09372924 2023-01-31 09372924 2022-01-31 09372924 2021-02-01 2022-01-31 09372924 2022-01-31 09372924 2021-01-31 09372924 core:PlantMachinery 2022-02-01 2023-01-31 09372924 core:FurnitureFittings 2022-02-01 2023-01-31 09372924 bus:LeadAgentIfApplicable 2022-02-01 2023-01-31 09372924 bus:Director1 2022-02-01 2023-01-31 09372924 core:WithinOneYear 2023-01-31 09372924 core:WithinOneYear 2022-01-31 09372924 core:ShareCapital 2023-01-31 09372924 core:ShareCapital 2022-01-31 09372924 core:RetainedEarningsAccumulatedLosses 2023-01-31 09372924 core:RetainedEarningsAccumulatedLosses 2022-01-31 09372924 bus:SmallEntities 2022-02-01 2023-01-31 09372924 bus:AuditExemptWithAccountantsReport 2022-02-01 2023-01-31 09372924 bus:SmallCompaniesRegimeForAccounts 2022-02-01 2023-01-31 09372924 bus:PrivateLimitedCompanyLtd 2022-02-01 2023-01-31 09372924 bus:AbridgedAccounts 2022-02-01 2023-01-31
STATEMENT OF CONSENT TO PREPARE ABRIDGED FINANCIAL STATEMENTS
All of the members of RMT Building Services Design Limited have consented to the preparation of the abridged statement of income and retained earnings and the abridged statement of financial position for the year ending 31 January 2023 in accordance with Section 444(2A) of the Companies Act 2006.
COMPANY REGISTRATION NUMBER: 09372924
RMT BUILDING SERVICES DESIGN LIMITED
FILLETED UNAUDITED ABRIDGED FINANCIAL STATEMENTS
FOR THE YEAR ENDED
31 January 2023
RMT BUILDING SERVICES DESIGN LIMITED
REPORT TO THE BOARD OF DIRECTORS ON THE PREPARATION OF THE UNAUDITED STATUTORY ABRIDGED FINANCIAL STATEMENTS OF RMT BUILDING SERVICES DESIGN LIMITED
YEAR ENDED 31 JANUARY 2023
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the abridged financial statements of RMT Building Services Design Limited for the year ended 31 January 2023, which comprise the abridged statement of financial position and the related notes from the company's accounting records and from information and explanations you have given us. As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at www.accaglobal.com/en/member/professional-standards/rules-standards/acca-rulebook.html. Our work has been undertaken in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at www.accaglobal.com/content/dam/ACCA_Global/Technical/fact/technical-factsheet-163.pdf.
LANGARD LIFFORD HALL LIMITED Accountants and Registered Auditors
Lifford Hall Lifford Lane Kings Norton Birmingham B30 3JN
29 September 2023
RMT BUILDING SERVICES DESIGN LIMITED
ABRIDGED STATEMENT OF FINANCIAL POSITION
31 January 2023
2023
2022
Note
£
£
£
£
Fixed assets
Tangible assets
5
42
230
Current assets
Debtors
4,003
4,060
Cash at bank and in hand
137,401
141,574
------------
------------
141,404
145,634
Creditors: amounts falling due within one year
58,973
42,432
------------
------------
Net current assets
82,431
103,202
------------
------------
Total assets less current liabilities
82,473
103,432
------------
------------
Capital and reserves
Called up share capital
2
2
Profit and loss account
82,471
103,430
------------
------------
Shareholders funds
82,473
103,432
------------
------------
These abridged financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
In accordance with section 444 of the Companies Act 2006, the abridged statement of income and retained earnings has not been delivered.
For the year ending 31 January 2023 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 abridged financial statements for the year in question in accordance with section 476 ;
- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of abridged financial statements .
RMT BUILDING SERVICES DESIGN LIMITED
ABRIDGED STATEMENT OF FINANCIAL POSITION (continued)
31 January 2023
These abridged financial statements were approved by the board of directors and authorised for issue on 29 September 2023 , and are signed on behalf of the board by:
R M Tunnicliffe
Director
Company registration number: 09372924
RMT BUILDING SERVICES DESIGN LIMITED
NOTES TO THE ABRIDGED FINANCIAL STATEMENTS
YEAR ENDED 31 JANUARY 2023
1. General information
The company is a private company limited by shares, registered in England and Wales. The address of the registered office is Millbridge Barn, Brockencote, Chaddesley Corbett, Kidderminster, DY10 4PR, Worcestershire.
2. Statement of compliance
These abridged financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.
3. Accounting policies
Basis of preparation
The abridged financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.
The abridged financial statements are prepared in sterling, which is the functional currency of the entity.
Revenue recognition
Turnover is measured at the fair value of the consideration received or receivable and represents amounts receivable for goods supplied and services rendered, stated net of discounts and of Value Added Tax.
Income tax
The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in profit or loss, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. In this case, tax is recognised in other comprehensive income or directly in equity, respectively.
Tangible assets
Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses.
Depreciation
Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:
Plant & Machinery
-
33% straight line
Fixtures & Fittings
-
25% reducing balance
Impairment of fixed assets
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.
Financial instruments
Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the entity after deducting all of its financial liabilities.
4. Employee numbers
The average number of persons employed by the company during the year amounted to 2 (2022: 2 ).
5. Tangible assets
£
Cost
At 1 February 2022 and 31 January 2023
1,596
------------
Depreciation
At 1 February 2022
1,366
Charge for the year
188
------------
At 31 January 2023
1,554
------------
Carrying amount
At 31 January 2023
42
------------
At 31 January 2022
230
------------
6. Directors' advances, credits and guarantees
Amounts owing to the director at the balance sheet date are included in creditors and amounted to £55,870 (2022 - £35,857).