RJM Solutions Limited 08875630 false 2022-03-01 2023-02-28 2023-02-28 The principal activity of the company is Engineering Activities Digita Accounts Production Advanced 6.30.9574.0 true 08875630 2022-03-01 2023-02-28 08875630 2023-02-28 08875630 bus:Revised 2023-02-28 08875630 core:RetainedEarningsAccumulatedLosses 2023-02-28 08875630 core:ShareCapital 2023-02-28 08875630 core:CurrentFinancialInstruments 2023-02-28 08875630 core:CurrentFinancialInstruments core:WithinOneYear 2023-02-28 08875630 core:Non-currentFinancialInstruments core:AfterOneYear 2023-02-28 08875630 core:FurnitureFittingsToolsEquipment 2023-02-28 08875630 core:MotorVehicles 2023-02-28 08875630 core:OtherPropertyPlantEquipment 2023-02-28 08875630 bus:SmallEntities 2022-03-01 2023-02-28 08875630 bus:AuditExemptWithAccountantsReport 2022-03-01 2023-02-28 08875630 bus:FullAccounts 2022-03-01 2023-02-28 08875630 bus:SmallCompaniesRegimeForAccounts 2022-03-01 2023-02-28 08875630 bus:RegisteredOffice 2022-03-01 2023-02-28 08875630 bus:Director1 2022-03-01 2023-02-28 08875630 bus:PrivateLimitedCompanyLtd 2022-03-01 2023-02-28 08875630 core:ComputerEquipment 2022-03-01 2023-02-28 08875630 core:FurnitureFittings 2022-03-01 2023-02-28 08875630 core:FurnitureFittingsToolsEquipment 2022-03-01 2023-02-28 08875630 core:MotorVehicles 2022-03-01 2023-02-28 08875630 core:OtherPropertyPlantEquipment 2022-03-01 2023-02-28 08875630 core:PlantMachinery 2022-03-01 2023-02-28 08875630 countries:EnglandWales 2022-03-01 2023-02-28 08875630 2022-02-28 08875630 core:FurnitureFittingsToolsEquipment 2022-02-28 08875630 core:MotorVehicles 2022-02-28 08875630 core:OtherPropertyPlantEquipment 2022-02-28 08875630 2021-03-01 2022-02-28 08875630 2022-02-28 08875630 core:RetainedEarningsAccumulatedLosses 2022-02-28 08875630 core:ShareCapital 2022-02-28 08875630 core:CurrentFinancialInstruments 2022-02-28 08875630 core:CurrentFinancialInstruments core:WithinOneYear 2022-02-28 08875630 core:Non-currentFinancialInstruments core:AfterOneYear 2022-02-28 08875630 core:FurnitureFittingsToolsEquipment 2022-02-28 08875630 core:MotorVehicles 2022-02-28 08875630 core:OtherPropertyPlantEquipment 2022-02-28 iso4217:GBP xbrli:pure

Registration number: 08875630

RJM Solutions Limited

Unaudited Financial Statements

for the Year Ended 28 February 2023

 

RJM Solutions Limited

Contents

Balance Sheet

1 to 2

Notes to the Unaudited Financial Statements

3 to 6

 

RJM Solutions Limited

(Registration number: 08875630)
Balance Sheet as at 28 February 2023

Note

2023
£

2022
£

Fixed assets

 

Tangible assets

4

5,714

7,890

Current assets

 

Debtors

5

20,135

27,533

Cash at bank and in hand

 

36,302

24,252

 

56,437

51,785

Creditors: Amounts falling due within one year

6

(26,885)

(24,632)

Net current assets

 

29,552

27,153

Total assets less current liabilities

 

35,266

35,043

Creditors: Amounts falling due after more than one year

6

(34,008)

(33,505)

Provisions for liabilities

(1,085)

(1,499)

Net assets

 

173

39

Capital and reserves

 

Called up share capital

5

5

Retained earnings

168

34

Shareholders' funds

 

173

39

For the financial year ending 28 February 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

 

RJM Solutions Limited

(Registration number: 08875630)
Balance Sheet as at 28 February 2023

Directors' responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the Board on 20 November 2023 and signed on its behalf by:
 

.........................................
Mr R Mason
Director

 

RJM Solutions Limited

Notes to the Unaudited Financial Statements for the Year Ended 28 February 2023

1

General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
7-9 Macon Court
Crewe
Cheshire
CW1 6EA

2

Accounting policies

Summary of significant accounting policies and key accounting estimates

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

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

These financial statements are prepared in Sterling, which is the functional currency of the company. All monetary amounts are rounded to the nearest £.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

Tax

The tax expense for the period comprises current and deferred tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

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

 

RJM Solutions Limited

Notes to the Unaudited Financial Statements for the Year Ended 28 February 2023

Deferred tax is recognised in respect of all timing differences between taxable profits and profits reported in the financial statements.

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class

Depreciation method and rate

Fixture and fittings

33% straight line

Motor vehicles

25% reducing balance

Computer Equipment

33% straight line

Plant and Machinery

33% straight line

Borrowings

Interest-bearing borrowings are initially recorded at fair value, net of transaction costs. Interest-bearing borrowings are subsequently carried at amortised cost, with the difference between the proceeds, net of transaction costs, and the amount due on redemption being recognised as a charge to the profit and loss account over the period of the relevant borrowing.

Interest expense is recognised on the basis of the effective interest method and is included in interest payable and similar charges.

Borrowings are classified as current liabilities unless the company has an unconditional right to defer settlement of the liability for at least twelve months after the reporting date.

Defined contribution pension obligation

A defined contribution plan is a pension plan under which fixed contributions are paid into a pension fund and the company has no legal or constructive obligation to pay further contributions even if the fund does not hold sufficient assets to pay all employees the benefits relating to employee service in the current and prior periods.

Contributions to defined contribution plans are recognised as employee benefit expense when they are due. If contribution payments exceed the contribution due for service, the excess is recognised as a prepayment.

3

Staff numbers

The average number of persons employed by the company (including directors) during the year, was 2 (2022 - 2).

 

RJM Solutions Limited

Notes to the Unaudited Financial Statements for the Year Ended 28 February 2023

4

Tangible assets

Furniture, fittings and equipment
 £

Motor vehicles
 £

Other tangible assets
£

Total
£

Cost or valuation

At 1 March 2022

2,079

22,183

473

24,735

At 28 February 2023

2,079

22,183

473

24,735

Depreciation

At 1 March 2022

1,929

14,604

312

16,845

Charge for the year

121

1,894

161

2,176

At 28 February 2023

2,050

16,498

473

19,021

Carrying amount

At 28 February 2023

29

5,685

-

5,714

At 28 February 2022

150

7,579

161

7,890

5

Debtors

Current

2023
£

2022
£

Trade debtors

10,584

4,056

Other debtors

9,551

23,477

 

20,135

27,533

6

Creditors

Creditors: amounts falling due within one year

Note

2023
£

2022
£

Due within one year

 

Other borrowings

5,098

5,098

Taxation and social security

 

10,191

4,693

Other creditors

 

11,596

14,841

 

26,885

24,632

 

RJM Solutions Limited

Notes to the Unaudited Financial Statements for the Year Ended 28 February 2023

2023
£

2022
£

Current loans and borrowings

Bank borrowings

5,098

5,098

Creditors: amounts falling due after more than one year

Note

2023
£

2022
£

Due after one year

 

Loans and borrowings

34,008

33,505