IRIS Accounts Production v23.3.0.418 03079339 Board of Directors 1.4.22 31.3.23 31.3.23 0 0 true false true false false true false Ordinary A 1.00000 Ordinary B 1.00000 Ordinary C 1.00000 Ordinary D 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pure030793392022-03-31030793392023-03-31030793392022-04-012023-03-31030793392021-03-31030793392021-04-012022-03-31030793392022-03-3103079339ns16:EnglandWales2022-04-012023-03-3103079339ns15:PoundSterling2022-04-012023-03-3103079339ns11:Director12022-04-012023-03-3103079339ns11:PrivateLimitedCompanyLtd2022-04-012023-03-3103079339ns11:SmallEntities2022-04-012023-03-3103079339ns11:AuditExemptWithAccountantsReport2022-04-012023-03-3103079339ns11:SmallCompaniesRegimeForDirectorsReport2022-04-012023-03-3103079339ns11:SmallCompaniesRegimeForAccounts2022-04-012023-03-3103079339ns11:FullAccounts2022-04-012023-03-3103079339ns11:OrdinaryShareClass22022-04-012023-03-3103079339ns11:OrdinaryShareClass32022-04-012023-03-3103079339ns11:OrdinaryShareClass42022-04-012023-03-3103079339ns11:OrdinaryShareClass52022-04-012023-03-3103079339ns11:Director22022-04-012023-03-3103079339ns11:CompanySecretary12022-04-012023-03-3103079339ns11:RegisteredOffice2022-04-012023-03-3103079339ns6:CurrentFinancialInstruments2023-03-3103079339ns6:CurrentFinancialInstruments2022-03-3103079339ns6:ShareCapital2023-03-3103079339ns6:ShareCapital2022-03-3103079339ns6:SharePremium2023-03-3103079339ns6:SharePremium2022-03-3103079339ns6:RevaluationReserve2023-03-3103079339ns6:RevaluationReserve2022-03-3103079339ns6:RetainedEarningsAccumulatedLosses2023-03-3103079339ns6:RetainedEarningsAccumulatedLosses2022-03-3103079339ns6:LandBuildings2022-04-012023-03-3103079339ns6:PlantMachinery2022-04-012023-03-3103079339ns6:LandBuildings2022-03-3103079339ns6:PlantMachinery2022-03-3103079339ns6:LandBuildings2023-03-3103079339ns6:PlantMachinery2023-03-3103079339ns6:LandBuildings2022-03-3103079339ns6:PlantMachinery2022-03-3103079339ns6:CostValuation2022-03-3103079339ns6:WithinOneYearns6:CurrentFinancialInstruments2023-03-3103079339ns6:WithinOneYearns6:CurrentFinancialInstruments2022-03-3103079339ns11:OrdinaryShareClass22023-03-3103079339ns11:OrdinaryShareClass32023-03-3103079339ns11:OrdinaryShareClass42023-03-3103079339ns11:OrdinaryShareClass52023-03-3103079339ns6:RevaluationReserve2022-03-31
REGISTERED NUMBER: 03079339 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 March 2023

for

R.M.J. Limited

R.M.J. Limited (Registered number: 03079339)






Contents of the Financial Statements
for the Year Ended 31 March 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4

Chartered Certified Accountants' Report 7

R.M.J. Limited

Company Information
for the Year Ended 31 March 2023







DIRECTORS: M J Lovering
J A Salt (Deceased)





SECRETARY: Miss H V Lovering





REGISTERED OFFICE: Marsh Road
Mountsorrel
Loughborough
Leicestershire
LE12 7JP





REGISTERED NUMBER: 03079339 (England and Wales)





ACCOUNTANTS: Charnwood Accountants & Business Advisors LLP
The Point
Granite Way
Mountsorrel
Loughborough
Leicestershire
LE12 7TZ

R.M.J. Limited (Registered number: 03079339)

Balance Sheet
31 March 2023

31.3.23 31.3.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 393,750 393,750
Investments 5 231,457 231,457
625,207 625,207

CURRENT ASSETS
Debtors 6 56,397 54,902
Cash at bank 68,847 53,749
125,244 108,651
CREDITORS
Amounts falling due within one year 7 10,849 12,084
NET CURRENT ASSETS 114,395 96,567
TOTAL ASSETS LESS CURRENT
LIABILITIES

739,602

721,774

PROVISIONS FOR LIABILITIES 8,504 8,504
NET ASSETS 731,098 713,270

CAPITAL AND RESERVES
Called up share capital 8 100,000 100,000
Share premium 195,000 195,000
Revaluation reserve 9 336,641 336,641
Retained earnings 99,457 81,629
SHAREHOLDERS' FUNDS 731,098 713,270

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.

R.M.J. Limited (Registered number: 03079339)

Balance Sheet - continued
31 March 2023


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 Profit & Loss Account has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 27 September 2023 and were signed on its behalf by:





M J Lovering - Director


R.M.J. Limited (Registered number: 03079339)

Notes to the Financial Statements
for the Year Ended 31 March 2023

1. STATUTORY INFORMATION

R.M.J. 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

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.

The significant accounting policies applied in the preparation of these financial statement are set out below. These policies have been consistently applied to all years presented unless otherwise stated.

Cashflow statement exemption
The company has availed of the exemption contained in Section 1A of FRS 102 and as a result have elected not to prepare a cash flow statement.

Related party exemption
The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

Revenue recognition
Revenue is recognised to the extent that the amount of revenue and related cost can be reliably measured, it is probable that the collectability of the related receivables is reasonably assured and when the specific criteria for each of the Group’s activities are met as follows:

Rental income
Rental income arising from operating leases is accounted for on a straight line basis over the lease term.

Dividend income
Dividend income is recognised when the right to receive payment is established.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off the cost less estimated residual value of each asset over its estimated useful life.
Land and buildings - not provided
Plant and machinery etc - 25% on reducing balance

Tangible assets are stated at cost (or deemed cost) less accumulated depreciation and accumulated impairment losses. Costs includes the original purchase price, costs directly attributable to bringing the asset to its working condition for its intended use.

The assets' residual values and useful lives are reviewed, and adjusted, if appropriate, at the end of each reporting period. The effect of any change is accounted for prospectively.

No depreciation is charged on freehold properties as, in the opinion of the directors, their residual value is higher than their deemed cost at the date of transition to FRS102, at which they are held in the accounts.

Investments in subsidiaries
Investments in subsidiary undertakings are recognised at cost.


R.M.J. Limited (Registered number: 03079339)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2023

2. ACCOUNTING POLICIES - continued
Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Profit & Loss Account, 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 - NIL).

4. TANGIBLE FIXED ASSETS
Plant and
Land and machinery
buildings etc Totals
£    £    £   
COST
At 1 April 2022
and 31 March 2023 393,750 1,456 395,206
DEPRECIATION
At 1 April 2022
and 31 March 2023 - 1,456 1,456
NET BOOK VALUE
At 31 March 2023 393,750 - 393,750
At 31 March 2022 393,750 - 393,750

Land & buildings are held at their deemed cost at the date of transition to FRS102.
No depreciation has been charged on the freehold property as, in the opinion of the directors, it's residual value is higher than it's deemed cost.

R.M.J. Limited (Registered number: 03079339)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2023

5. FIXED ASSET INVESTMENTS
Shares in
group
undertakings
£   
COST
At 1 April 2022
and 31 March 2023 231,457
NET BOOK VALUE
At 31 March 2023 231,457
At 31 March 2022 231,457

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.23 31.3.22
£    £   
Amounts owed by group undertakings 56,134 54,902
Other debtors 263 -
56,397 54,902

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.23 31.3.22
£    £   
Amounts owed to group undertakings 100 100
Taxation and social security 9,605 10,858
Other creditors 1,144 1,126
10,849 12,084

8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.3.23 31.3.22
value: £    £   
54,000 Ordinary A £1 54,000 54,000
10,000 Ordinary B £1 10,000 10,000
12,000 Ordinary C £1 12,000 12,000
12,000 Ordinary D £1 12,000 12,000
12,000 Ordinary E £1 12,000 12,000
100,000 100,000

9. RESERVES
Revaluation
reserve
£   
At 1 April 2022
and 31 March 2023 336,641

Chartered Certified Accountants' Report to the Board of Directors
on the Unaudited Financial Statements of
R.M.J. Limited

The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Statement of Comprehensive Income and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of R.M.J. Limited for the year ended 31 March 2023 which comprise the Profit & Loss Account, Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at http://www.accaglobal.com/rulebook.

This report is made solely to the Board of Directors of R.M.J. Limited, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of R.M.J. Limited and state those matters that we have agreed to state to the Board of Directors of R.M.J. Limited, as a body, in this report in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at http://www.accaglobal.com/factsheet163. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that R.M.J. Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of R.M.J. Limited. You consider that R.M.J. Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of R.M.J. Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.






Charnwood Accountants & Business Advisors LLP
The Point
Granite Way
Mountsorrel
Loughborough
Leicestershire
LE12 7TZ


27 September 2023