IRIS Accounts Production v23.3.0.418 12490845 Board of Directors 1.4.22 31.3.23 31.3.23 0 false true false false true false Fair value model iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh124908452022-03-31124908452023-03-31124908452022-04-012023-03-31124908452021-03-31124908452021-04-012022-03-31124908452022-03-3112490845ns10:Originalns15:EnglandWales2022-04-012023-03-3112490845ns14:PoundSterlingns10:Original2022-04-012023-03-3112490845ns10:Originalns10:Director12022-04-012023-03-3112490845ns10:Original2022-04-012023-03-3112490845ns10:Original2023-03-3112490845ns10:Originalns10:PrivateLimitedCompanyLtd2022-04-012023-03-3112490845ns10:Originalns10:SmallEntities2022-04-012023-03-3112490845ns10:Originalns10:AuditExempt-NoAccountantsReport2022-04-012023-03-3112490845ns10:Originalns10:SmallCompaniesRegimeForDirectorsReport2022-04-012023-03-3112490845ns10:SmallCompaniesRegimeForAccountsns10:Original2022-04-012023-03-3112490845ns10:Originalns10:FullAccounts2022-04-012023-03-3112490845ns10:Originalns10:Director22022-04-012023-03-3112490845ns10:Originalns10:RegisteredOffice2022-04-012023-03-3112490845ns10:Original2022-03-3112490845ns10:Originalns5:CurrentFinancialInstruments2023-03-3112490845ns10:Originalns5:CurrentFinancialInstruments2022-03-3112490845ns5:ShareCapitalns10:Original2023-03-3112490845ns5:ShareCapitalns10:Original2022-03-3112490845ns10:Originalns5:RetainedEarningsAccumulatedLosses2023-03-3112490845ns10:Originalns5:RetainedEarningsAccumulatedLosses2022-03-3112490845ns10:Original2021-04-012022-03-3112490845ns10:Original2022-03-3112490845ns10:Originalns5:CurrentFinancialInstruments2022-04-012023-03-31
REGISTERED NUMBER: 12490845 (England and Wales)















FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2023

FOR

RRM ESTATES LTD

RRM ESTATES LTD (REGISTERED NUMBER: 12490845)

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


RRM ESTATES LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 31 MARCH 2023







DIRECTORS: Mr Bhupinder Malhi
Mrs Narinder Kaur Malhi





REGISTERED OFFICE: 7 Lower White Road
Quinton
West Midlands
B32 2RT





REGISTERED NUMBER: 12490845 (England and Wales)





ACCOUNTANTS: Ark Aurora Ltd
Chartered Accountants & Chartered Tax Advisers
The Maltings
2 Anderson Rd
Bearwood
Birmingham
West Midlands
B66 4AR

RRM ESTATES LTD (REGISTERED NUMBER: 12490845)

BALANCE SHEET
31 MARCH 2023

31.3.23 31.3.22
Notes £    £    £    £   
FIXED ASSETS
Investment property 4 942,543 464,754

CURRENT ASSETS
Debtors 5 4,873 9,439
Cash at bank and in hand 31,810 4,880
36,683 14,319
CREDITORS
Amounts falling due within one year 6 957,006 475,897
NET CURRENT LIABILITIES (920,323 ) (461,578 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

22,220

3,176

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 22,120 3,076
22,220 3,176

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 directors acknowledge their 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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 6 October 2023 and were signed on its behalf by:




Mr Bhupinder Malhi - Director


RRM ESTATES LTD (REGISTERED NUMBER: 12490845)

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


1. STATUTORY INFORMATION

RRM Estates Ltd 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

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.

Investment property
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, 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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2022 - 2 ).

4. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 April 2022 464,754
Additions 477,789
At 31 March 2023 942,543
NET BOOK VALUE
At 31 March 2023 942,543
At 31 March 2022 464,754

RRM ESTATES LTD (REGISTERED NUMBER: 12490845)

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


5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.23 31.3.22
£    £   
Prepayments and accrued income 4,873 9,439

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.23 31.3.22
£    £   
Trade creditors 7,340 11,634
Tax 5,189 722
Other creditors 942,987 462,791
Accrued expenses 1,490 750
957,006 475,897

An amount of £942,987 (2022: £462,791) was received from RRM Locum Ltd is included as other creditors. The amount is repayable on demand and interest free.

7. RELATED PARTY DISCLOSURES

The Following companies are related to RRM Estates Ltd:

Related party Relationship

RRM Locum Ltd Entity under common control/ownership
RRM Suite Ltd Immediate parent
RRM Car Sales Ltd Entity under common control/ownership

8. ULTIMATE CONTROLLING PARTY

The immediate parent company is RRM Suite Ltd, a company incorporated in England and Wales, the registered address of the immediate parent company is 7 Lower White Road, Quinton, West Midlands, England, B32 2R.