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Company Registration No. 13221753 (England and Wales)
RHM PROPERTY CO LIMITED Unaudited accounts for the year ended 28 February 2023
RHM PROPERTY CO LIMITED Unaudited accounts Contents
Page
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RHM PROPERTY CO LIMITED Company Information for the year ended 28 February 2023
Director
Robert Marchant
Company Number
13221753 (England and Wales)
Registered Office
44 WOODHILL PARK PEMBURY TUNBRIDGE WELLS TN2 4NW ENGLAND
Accountants
Taxez 5 South Charlotte Street Edinburgh EH2 4AN
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RHM PROPERTY CO LIMITED Statement of financial position as at 28 February 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
406 
- 
Investment property
106,945 
106,945 
107,351 
106,945 
Current assets
Cash at bank and in hand
3,583 
700 
Creditors: amounts falling due within one year
(35,263)
(32,830)
Net current liabilities
(31,680)
(32,130)
Total assets less current liabilities
75,671 
74,815 
Creditors: amounts falling due after more than one year
(78,242)
(77,125)
Net liabilities
(2,571)
(2,310)
Capital and reserves
Called up share capital
1 
1 
Profit and loss account
(2,572)
(2,311)
Shareholders' funds
(2,571)
(2,310)
For the 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. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered 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 profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 16 November 2023 and were signed on its behalf by
Robert Marchant Director Company Registration No. 13221753
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RHM PROPERTY CO LIMITED Notes to the Accounts for the year ended 28 February 2023
1
Statutory information
RHM PROPERTY CO LIMITED is a private company, limited by shares, registered in England and Wales, registration number 13221753. The registered office is 44 WOODHILL PARK, PEMBURY, TUNBRIDGE WELLS, TN2 4NW, ENGLAND.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Investment property
Investment property is included at market fair value. Gains are recognised in the income statement. Deferred taxation is provided on these gains at the rate expected to apply when the property is sold.
Going concern
At the period end the company has net liabilities of £2,310. The company has received a loan from the director which remains unpaid. The director will not seek repayment of the loan until the company's other debts have been met. On this basis, the director considers it appropriate to prepare the financial statements on the going concern basis.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Computer equipment
33% Straight line
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RHM PROPERTY CO LIMITED Notes to the Accounts for the year ended 28 February 2023
4
Tangible fixed assets
Computer equipment 
£ 
Cost or valuation
At cost 
At 1 March 2022
- 
Additions
606 
At 28 February 2023
606 
Depreciation
Charge for the year
200 
At 28 February 2023
200 
Net book value
At 28 February 2023
406 
5
Investment property
2023 
£ 
Fair value at 1 March 2022
106,945 
At 28 February 2023
106,945 
6
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Trade creditors
45 
- 
Loans from directors
34,955 
32,687 
Accruals
263 
143 
35,263 
32,830 
7
Creditors: amounts falling due after more than one year
2023 
2022 
£ 
£ 
Bank loans
77,674 
77,125 
Other creditors
568 
- 
78,242 
77,125 
8
Average number of employees
During the year the average number of employees was 1 (2022: 1).
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