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REGISTERED NUMBER: 09305527 (England and Wales)







UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2023

FOR

RM ENGINEERING SOLUTIONS LIMITED

RM ENGINEERING SOLUTIONS LIMITED (REGISTERED NUMBER: 09305527)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


RM ENGINEERING SOLUTIONS LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 MARCH 2023







DIRECTOR: Mr R J Messenger





REGISTERED OFFICE: 38 Yew Tree Close
Launton
Bicester
Oxfordshire
OX26 5AE





REGISTERED NUMBER: 09305527 (England and Wales)





ACCOUNTANTS: Cube Partners Limited
Chartered Accountants
5 Giffard Court
Millbrook Close
Northampton
Northamptonshire
NN5 5JF

RM ENGINEERING SOLUTIONS LIMITED (REGISTERED NUMBER: 09305527)

BALANCE SHEET
31 MARCH 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 3,958 3,906

CURRENT ASSETS
Debtors 5 7,904 250
Cash at bank 21,520 19,011
29,424 19,261
CREDITORS
Amounts falling due within one year 6 17,123 22,274
NET CURRENT ASSETS/(LIABILITIES) 12,301 (3,013 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

16,259

893

PROVISIONS FOR LIABILITIES 990 742
NET ASSETS 15,269 151

CAPITAL AND RESERVES
Called up, fully paid share capital 1 1
Retained earnings 15,268 150
SHAREHOLDERS' FUNDS 15,269 151

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2023 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 financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 23 October 2023 and were signed by:





Mr R J Messenger - Director


RM ENGINEERING SOLUTIONS LIMITED (REGISTERED NUMBER: 09305527)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023

1. STATUTORY INFORMATION

RM Engineering Solutions Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

The presentation currency of the financial statements is the Pound Sterling (£).


2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant & equipment - 25% on reducing balance
Fixtures and fittings - 20% on cost
Computer equipment - 25% on cost

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

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.

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 profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2022 - 1 ) .

RM ENGINEERING SOLUTIONS LIMITED (REGISTERED NUMBER: 09305527)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2023

4. TANGIBLE FIXED ASSETS
Fixtures
Plant & and Computer
equipment fittings equipment Totals
£    £    £    £   
COST
At 1 April 2022 4,829 333 5,343 10,505
Additions - - 2,029 2,029
At 31 March 2023 4,829 333 7,372 12,534
DEPRECIATION
At 1 April 2022 4,056 99 2,444 6,599
Charge for year 195 66 1,716 1,977
At 31 March 2023 4,251 165 4,160 8,576
NET BOOK VALUE
At 31 March 2023 578 168 3,212 3,958
At 31 March 2022 773 234 2,899 3,906

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors 7,654 -
Other debtors 250 250
7,904 250

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Taxation and social security 16,105 11,021
Other creditors 1,018 11,253
17,123 22,274