Caseware UK (AP4) 2022.0.179 2022.0.179 2023-02-282023-02-28falsefalse2022-02-24Operation of warehousing and storage facilities for land transport activities6trueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 13937837 2022-02-23 13937837 2022-02-24 2023-02-28 13937837 1999-03-02 2022-02-23 13937837 2023-02-28 13937837 c:Director1 2022-02-24 2023-02-28 13937837 d:PlantMachinery 2022-02-24 2023-02-28 13937837 d:PlantMachinery 2023-02-28 13937837 d:PlantMachinery d:OwnedOrFreeholdAssets 2022-02-24 2023-02-28 13937837 d:MotorVehicles 2022-02-24 2023-02-28 13937837 d:MotorVehicles 2023-02-28 13937837 d:MotorVehicles d:OwnedOrFreeholdAssets 2022-02-24 2023-02-28 13937837 d:OfficeEquipment 2022-02-24 2023-02-28 13937837 d:OfficeEquipment 2023-02-28 13937837 d:OfficeEquipment d:OwnedOrFreeholdAssets 2022-02-24 2023-02-28 13937837 d:OwnedOrFreeholdAssets 2022-02-24 2023-02-28 13937837 d:CurrentFinancialInstruments 2023-02-28 13937837 d:CurrentFinancialInstruments d:WithinOneYear 2023-02-28 13937837 d:ShareCapital 2023-02-28 13937837 d:RetainedEarningsAccumulatedLosses 2023-02-28 13937837 c:FRS102 2022-02-24 2023-02-28 13937837 c:AuditExempt-NoAccountantsReport 2022-02-24 2023-02-28 13937837 c:FullAccounts 2022-02-24 2023-02-28 13937837 c:PrivateLimitedCompanyLtd 2022-02-24 2023-02-28 13937837 e:PoundSterling 2022-02-24 2023-02-28 iso4217:GBP xbrli:pure

Registered number: 13937837









RRM WAREHOUSING LIMITED







UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE PERIOD ENDED 28 FEBRUARY 2023

 
RRM WAREHOUSING LIMITED
REGISTERED NUMBER: 13937837

BALANCE SHEET
AS AT 28 FEBRUARY 2023

2023
Note
£

Fixed assets
  

Tangible assets
 4 
38,874

  
38,874

Current assets
  

Stocks
  
6,623

Debtors: amounts falling due within one year
 6 
73,332

Cash at bank and in hand
 7 
47,755

  
127,710

Creditors: amounts falling due within one year
 8 
(141,792)

Net current (liabilities)/assets
  
 
 
(14,082)

Total assets less current liabilities
  
24,792

  

Net assets
  
24,792


Capital and reserves
  

Called up share capital 
  
1

Profit and loss account
  
24,791

  
24,792


The directors consider 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 period in question in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their 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 comprehensive income 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 17 November 2023.



Page 1

 
RRM WAREHOUSING LIMITED
REGISTERED NUMBER: 13937837
    
BALANCE SHEET (CONTINUED)
AS AT 28 FEBRUARY 2023


N Payne
Director

The notes on pages 3 to 7 form part of these financial statements.

Page 2

 
RRM WAREHOUSING LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 28 FEBRUARY 2023

1.


General information

RRM Warehousing Limited ("the Company") is a private company limited by shares, incorporated in England and Wales. Its registered office is The Bank, 36 Hight Street, Halstead, Essex, United Kingdom, CO9 2AQ.
The company incorporated on 24 February 2022 and started trading on 3 March 2022. 
The principal activity of the Company is that of outsourcing warehousing and storage facilities.

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

Operating leases: the Company as lessee

Rentals paid under operating leases are charged to profit or loss on a straight-line basis over the lease term.

Benefits received and receivable as an incentive to sign an operating lease are recognised on a straight-line basis over the lease term, unless another systematic basis is representative of the time pattern of the lessee's benefit from the use of the leased asset.

Page 3

 
RRM WAREHOUSING LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 28 FEBRUARY 2023

2.Accounting policies (continued)

 
2.4

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.

 
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, using the straight-line method.

Depreciation is provided on the following basis:

Plant and machinery
-
20%
straight line basis
Motor vehicles
-
100%
straight line basis
Office equipment
-
25%
straight line basis

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

Stocks

Stocks are stated at the lower of cost and net realisable value, being the estimated selling price less costs to complete and sell. Cost is based on the cost of purchase on a first in, first out basis. Work in progress and finished goods include labour and attributable overheads.

At each balance sheet date, stocks are assessed for impairment. If stock is impaired, the carrying amount is reduced to its selling price less costs to complete and sell. The impairment loss is recognised immediately in profit or loss.

 
2.7

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.

Page 4

 
RRM WAREHOUSING LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 28 FEBRUARY 2023

2.Accounting policies (continued)

 
2.8

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

 
2.9

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.

 
2.10

Financial instruments

The Company has elected to apply the provisions of Section 11 “Basic Financial Instruments” of FRS 102 to all of its financial instruments.

Basic financial assets

Basic financial assets, which include trade and other receivables, cash and bank balances, are initially measured at their transaction price including transaction costs and are subsequently carried at their amortised cost using the effective interest method, less any provision for impairment, unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest.

Discounting is omitted where the effect of discounting is immaterial. The Company's cash and cash equivalents, trade and most other receivables due with the operating cycle fall into this category of financial instruments.


3.


Employees

The average monthly number of employees, including directors, during the period was 6.

Page 5

 
RRM WAREHOUSING LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 28 FEBRUARY 2023

4.


Tangible fixed assets





Plant and machinery
Motor vehicles
Office equipment
Total

£
£
£
£



Cost or valuation


Additions
39,701
9,750
881
50,332



At 28 February 2023

39,701
9,750
881
50,332



Depreciation


Charge for the period on owned assets
6,381
4,875
202
11,458



At 28 February 2023

6,381
4,875
202
11,458



Net book value



At 28 February 2023
33,320
4,875
679
38,874


5.


Stocks

2023
£

Stocks
6,623

6,623



6.


Debtors

2023
£


Trade debtors
67,532

Other debtors
1,501

Prepayments and accrued income
4,299

73,332


Page 6

 
RRM WAREHOUSING LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 28 FEBRUARY 2023

7.


Cash and cash equivalents

2023
£

Cash at bank and in hand
47,755

47,755



8.


Creditors: Amounts falling due within one year

2023
£

Trade creditors
47,749

Other taxation and social security
24,663

Other creditors
66,211

Accruals and deferred income
3,169

141,792


 
Page 7