Caseware UK (AP4) 2022.0.179 2022.0.179 2023-02-282023-02-28No description of principal activitytrue3false32022-03-01trueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 03089199 2022-02-28 03089199 2022-03-01 2023-02-28 03089199 2021-03-01 2022-02-28 03089199 2023-02-28 03089199 c:Director1 2022-03-01 2023-02-28 03089199 d:FurnitureFittings 2023-02-28 03089199 d:FurnitureFittings 2022-02-28 03089199 d:OfficeEquipment 2022-03-01 2023-02-28 03089199 d:CurrentFinancialInstruments 2023-02-28 03089199 d:CurrentFinancialInstruments 2022-02-28 03089199 c:FRS102 2022-03-01 2023-02-28 03089199 c:AuditExempt-NoAccountantsReport 2022-03-01 2023-02-28 03089199 c:FullAccounts 2022-03-01 2023-02-28 03089199 c:PrivateLimitedCompanyLtd 2022-03-01 2023-02-28 iso4217:GBP xbrli:pure

Registered number: 03089199









THE R M DESIGN PARTNERSHIP LIMITED







UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 28 FEBRUARY 2023

 
THE R M DESIGN PARTNERSHIP LIMITED
REGISTERED NUMBER: 03089199

BALANCE SHEET
AS AT 28 FEBRUARY 2023

2023
2022
Note
£
£

  

Fixed assets
  

Current assets
  

Debtors: amounts falling due within one year
 5 
104,995
113,333

  
104,995
113,333

Creditors: amounts falling due within one year
 6 
(44,488)
(20,390)

Net current assets
  
 
 
60,507
 
 
92,943

Total assets less current liabilities
  
60,507
92,943

  

  

  

Net assets excluding pension asset
  
60,507
92,943

Net assets
  
60,507
92,943


Capital and reserves
  

Called up share capital 
  
2
2

Profit and loss account
  
60,505
92,941

  
60,507
92,943


The director considers that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared 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 financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The Company has opted not to file the statement of income and retained earnings in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf on 1 August 2023.

John William Biswell
Director

The notes on pages 3 to 6 form part of these financial statements.
Page 1

 
THE R M DESIGN PARTNERSHIP LIMITED
REGISTERED NUMBER: 03089199
    
BALANCE SHEET (CONTINUED)
AS AT 28 FEBRUARY 2023


Page 2

 
THE R M DESIGN PARTNERSHIP LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 28 FEBRUARY 2023

1.


General information

The R.M. Design Partnership 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.

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Section 1A of Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.

The following principal accounting policies have been applied:

 
2.2

Revenue

Revenue is recognised to the extent that it is probable that the economic benefits will flow to the Company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before revenue is recognised:

Rendering of services

Revenue from a contract to provide services is recognised in the period in which the services are provided in accordance with the stage of completion of the contract when all of the following conditions are satisfied:
the amount of revenue can be measured reliably;
it is probable that the Company will receive the consideration due under the contract;
the stage of completion of the contract at the end of the reporting period can be measured reliably; and
the costs incurred and the costs to complete the contract can be measured reliably.

 
2.3

Pensions

Defined contribution pension plan

The Company operates a defined contribution plan for its employees. A defined contribution plan is a pension plan under which the Company pays fixed contributions into a separate entity. Once the contributions have been paid the Company has no further payment obligations.

The contributions are recognised as an expense in profit or loss when they fall due. Amounts not paid are shown in accruals as a liability in the Balance sheet. The assets of the plan are held separately from the Company in independently administered funds.

Page 3

 
THE R M DESIGN PARTNERSHIP LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 28 FEBRUARY 2023

2.Accounting policies (continued)

 
2.4

Taxation

Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the balance sheet date in the countries where the Company operates and generates income.

 
2.5

Tangible fixed assets

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, on a reducing balance basis.

Depreciation is provided on the following basis:

Office equipment
-
25% reducing balance method

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss.

 
2.6

Debtors

Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

 
2.7

Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

 
2.8

Dividends

Equity dividends are recognised when they become legally payable. Interim equity dividends are recognised when paid. Final equity dividends are recognised when approved by the shareholders at an annual general meeting.

Page 4

 
THE R M DESIGN PARTNERSHIP LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 28 FEBRUARY 2023

3.


Employees

The average monthly number of employees, including directors, during the year was 3 (2022 - 3).


4.


Tangible fixed assets





Office equipment

£



Cost or valuation


At 1 March 2022
67,749



At 28 February 2023

67,749



Depreciation


At 1 March 2022
67,749



At 28 February 2023

67,749



Net book value



At 28 February 2023
-



At 28 February 2022
-


5.


Debtors

2023
2022
£
£


Other debtors
104,995
113,333

104,995
113,333


Page 5

 
THE R M DESIGN PARTNERSHIP LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 28 FEBRUARY 2023

6.


Creditors: Amounts falling due within one year

2023
2022
£
£

Bank overdrafts
2,256
30

Corporation tax
-
5,650

Other taxation and social security
2,740
6,405

Other creditors
27,550
1,717

Accruals and deferred income
11,942
6,588

44,488
20,390


 
Page 6