2022-04-01 04939897 2023-03-31 04939897 2022-04-01 2023-03-31 04939897 2022-03-31 04939897 2021-04-01 2022-03-31 04939897 uk-core:WithinOneYear uk-bus:Original 2022-03-31 04939897 uk-core:WithinOneYear uk-bus:Original 2023-03-31 04939897 uk-core:ShareCapital uk-bus:Original 2023-03-31 04939897 uk-core:ShareCapital uk-bus:Original 2022-03-31 04939897 uk-core:RetainedEarningsAccumulatedLosses uk-bus:Original 2023-03-31 04939897 uk-core:RetainedEarningsAccumulatedLosses uk-bus:Original 2022-03-31 04939897 uk-bus:Director1 uk-bus:Original 2022-04-01 2023-03-31 04939897 uk-core:PlantMachinery uk-bus:Original 2022-04-01 2023-03-31 04939897 uk-core:MotorVehicles uk-bus:Original 2022-04-01 2023-03-31 04939897 uk-core:FurnitureFittings uk-bus:Original 2022-04-01 2023-03-31 04939897 uk-core:MotorVehicles uk-bus:Original 2022-03-31 04939897 uk-core:PlantMachinery uk-bus:Original 2022-03-31 04939897 uk-core:PlantMachinery uk-bus:Original 2023-03-31 04939897 uk-core:MotorVehicles uk-bus:Original 2023-03-31 04939897 uk-core:WithinOneYear uk-bus:Original 2023-03-31 04939897 uk-core:WithinOneYear uk-bus:Original 2022-03-31 iso4217:GBP xbrli:pure 04939897 uk-bus:AuditExemptWithAccountantsReport uk-bus:Original 2022-04-01 2023-03-31 04939897 uk-bus:FRS102 uk-bus:Original 2022-04-01 2023-03-31 04939897 uk-bus:FilletedAccounts uk-bus:Original 2022-04-01 2023-03-31 04939897 uk-bus:PrivateLimitedCompanyLtd uk-bus:Original 2022-04-01 2023-03-31
R V H M Limited
Registered Number:04939897
For the year ended 31 March 2023
England and Wales
Director's Report & Accounts
2
For the year ended 31 March 2023
R V H M Limited
Contents Page
1
Statement of Financial Position
2 to 4
Notes to the Financial Statements
3
Registered Number :
04939897
As at 31 March 2023
R V H M Limited
Statement of Financial Position
£
£
2022
2023
Notes
Fixed assets
Property, plant and equipment
21,517
8,203
3
21,517
8,203
Current assets
Inventories
500
1,500
4
Trade and other receivables
109,117
103,376
5
Financial assets
-
1
6
58,772
Cash and cash equivalents
93,329
198,206
168,389
Trade and other payables: amounts falling due within one
year
(169,007)
(214,931)
7
(618)
(16,725)
Net current liabilities
Total assets less current liabilities
4,792
7,585
(4,088)
(1,559)
Provisions for liabilities
704
Net assets
6,026
Capital and reserves
Called up share capital
1
1
Retained earnings
703
6,025
704
6,026
Shareholders' funds
For the year ended 31 March 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 of its financial statements for the year ended 31 March 2023 in accordance with Section 476 of the Companies Act 2006
The director acknowledges his responsibilities for:a) ensuring that the company keeps proper 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 Section
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.
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.
The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
D M Richardson Director
These financial statements were approved and authorised for issue by the Board on 12 September 2023 and were signed by:
The notes form part of these financial statements
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4
For the year ended 31 March 2023
R V H M Limited
Notes to the Financial Statements
Statutory Information
R V H M Limited is a private limited company, limited by shares, domiciled in England and Wales, registration number
04939897.
Registered address:
Facilities House
Main Street
Hull
HU2 0LF
The presentation currency is £ sterling.
1. Accounting policies
Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A of Financial
Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the
Companies Act 2006. The financial statements have been prepared under the historical costs convention as
modified by the revaluation of certain assets.
Revenue recognition
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.
Property, plant and equipment
Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:
Plant and machinery
20% Reducing balance
25% Reducing balance
Motor vehicles
20% Reducing balance
Fixtures and fittings
No depreciation is provided on the company''s freehold properties since in the opinion of the directors the expected
useful lives are sufficiently long and the estimated residual values are sufficiently high that any such depreciation
would be immaterial. The directors undertake an annual impairment review of these properties.
Inventories
Stocks are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow moving items. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads.
Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position date.
Hire purchase and leasing commitments
Rentals payable under operating leases are charged against income on a straight line basis over the lease term. The finance element of the rental payment is charged to the profit and loss account on a straight line basis.
Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme for the benefit of its directors/and employees. Contributions payable are charged to the profit and loss account in the period in which they are payable.
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5
For the year ended 31 March 2023
R V H M Limited
Notes to the Financial Statements Continued
3. Property, plant and equipment
Total
Motor vehicles
Plant and
machinery
£
£
£
Cost or
valuation
At 01 April 2022
10,245
9,995
250
15,943
15,943
-
Additions
At 31 March 2023
250
25,938
26,188
Provision for depreciation and impairment
At 01 April 2022
2,042
1,984
58
Charge for year
2,629
2,591
38
At 31 March 2023
4,671
4,575
96
At 31 March 2023
Net book value
154
21,363
21,517
At 31 March 2022
192
8,011
8,203
4. Inventories
2022
2023
£
£
Stocks
1,500
500
5. Trade and other receivables
2022
2023
£
£
Trade debtors
62,215
59,277
Amounts owed by group undertakings and participating interests
512
-
Other debtors
40,649
49,840
109,117
103,376
6. Financial instruments at fair value
2022
2023
£
£
Shares in group undertakings
1
-
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6
For the year ended 31 March 2023
R V H M Limited
Notes to the Financial Statements Continued
7. Trade and other payables: amounts falling due within one year
2022
2023
£
£
Bank loans and overdraft
31,159
41,808
Trade creditors
39,635
15,563
Taxation and social security
27,053
35,791
Other creditors
117,084
75,845
214,931
169,007
8. Average number of persons employed
During the year the average number of employees was 5 (2022 : 5)
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