RPM MOTORS (N.I.) LIMITED

Company Registration Number:
NI671540 (Northern Ireland)

Unaudited abridged accounts for the year ended 31 March 2023

Period of accounts

Start date: 01 September 2022

End date: 31 March 2023

RPM MOTORS (N.I.) LIMITED

Contents of the Financial Statements

for the Period Ended 31 March 2023

Balance sheet
Notes

RPM MOTORS (N.I.) LIMITED

Balance sheet

As at 31 March 2023


Notes

7 months to 31 March 2023

2022


£

£
Fixed assets
Tangible assets: 3 26,400 19,567
Total fixed assets: 26,400 19,567
Current assets
Stocks: 214,251 290,563
Debtors: 4 275,948 193,273
Cash at bank and in hand: 50,237 24,727
Total current assets: 540,436 508,563
Creditors: amounts falling due within one year: 5 (332,090) (341,018)
Net current assets (liabilities): 208,346 167,545
Total assets less current liabilities: 234,746 187,112
Creditors: amounts falling due after more than one year:   (43,567) (68,471)
Total net assets (liabilities): 191,179 118,641
Capital and reserves
Called up share capital: 100 100
Profit and loss account: 191,079 118,541
Shareholders funds: 191,179 118,641

The notes form part of these financial statements

RPM MOTORS (N.I.) LIMITED

Balance sheet statements

For the year ending 31 March 2023 the company was entitled to exemption 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.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 09 November 2023
and signed on behalf of the board by:

Name: Robert Murphy
Status: Director

The notes form part of these financial statements

RPM MOTORS (N.I.) LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2023

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

RPM MOTORS (N.I.) LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2023

2. Employees

7 months to 31 March 2023 2022
Average number of employees during the period 3 4

RPM MOTORS (N.I.) LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2023

3. Tangible Assets

Total
Cost £
At 01 September 2022 23,183
Additions 11,327
At 31 March 2023 34,510
Depreciation
At 01 September 2022 3,616
Charge for year 4,494
At 31 March 2023 8,110
Net book value
At 31 March 2023 26,400
At 31 August 2022 19,567

RPM MOTORS (N.I.) LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2023

4. Debtors

7 months to 31 March 2023
£
Debtors due after more than one year: 0

RPM MOTORS (N.I.) LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2023

5. Creditors: amounts falling due within one year note

Trade creditors 325408 236836Corporation tax 28458Social Security 3905 5138 Other creditors 2777 70586 332090 341018