Company Registration No. 09995598 (England and Wales)
RMIFD Limited
Unaudited accounts
for the year ended 31 March 2023
RMIFD Limited
Unaudited accounts
Contents
RMIFD Limited
Company Information
for the year ended 31 March 2023
Company Number
09995598 (England and Wales)
Registered Office
1 Stable Court Business Centre
Water Lane Tarbock Green
Liverpool
Merseyside
L35 1RD
Accountants
Invictus Accountancy Services Limited
1 Stable Court Business Centre
Water Lane Farm Tarbock Green
Liverpool
Merseyside
L35 1RD
RMIFD Limited
Statement of financial position
as at 31 March 2023
Tangible assets
3,307
2,220
Cash at bank and in hand
12,711
36,895
Creditors: amounts falling due within one year
(27,888)
(22,563)
Net current (liabilities)/assets
(14,577)
14,932
Net (liabilities)/assets
(11,270)
17,152
Called up share capital
1,000
1,000
Profit and loss account
(12,270)
16,152
Shareholders' funds
(11,270)
17,152
For the year ending 31 March 2023 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 director acknowledges his 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 and authorised for issue on 19 October 2023 and were signed on its behalf by
Mr R Morris
Director
Company Registration No. 09995598
RMIFD Limited
Notes to the Accounts
for the year ended 31 March 2023
RMIFD Limited is a private company, limited by shares, registered in England and Wales, registration number 09995598. The registered office is 1 Stable Court Business Centre, Water Lane Tarbock Green, Liverpool, Merseyside, L35 1RD.
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.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Fixtures & fittings
25% on reducing balance
Computer equipment
15% on reducing balance
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. 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.
4
Tangible fixed assets
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 April 2022
2,154
1,985
4,139
At 31 March 2023
2,154
3,655
5,809
At 1 April 2022
1,372
547
1,919
Charge for the year
117
466
583
At 31 March 2023
1,489
1,013
2,502
At 31 March 2023
665
2,642
3,307
At 31 March 2022
782
1,438
2,220
RMIFD Limited
Notes to the Accounts
for the year ended 31 March 2023
Amounts falling due within one year
6
Creditors: amounts falling due within one year
2023
2022
Taxes and social security
-
1,242
Loans from directors
27,360
20,793
7
Average number of employees
During the year the average number of employees was 2 (2022: 2).