Company registration number 06891611 (England and Wales)
RBLM MANAGEMENT LIMITED
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023
PAGES FOR FILING WITH REGISTRAR
RBLM MANAGEMENT LIMITED
CONTENTS
Page
Balance sheet
1 - 2
Notes to the financial statements
3 - 5
RBLM MANAGEMENT LIMITED
BALANCE SHEET
AS AT
31 MARCH 2023
31 March 2023
- 1 -
2023
2022
Notes
£
£
£
£
Fixed assets
Investments
3
300,135
300,135
Current assets
Debtors
6
152,568
184,648
Cash at bank and in hand
1,351
2,506
153,919
187,154
Creditors: amounts falling due within one year
7
(69,075)
(55,847)
Net current assets
84,844
131,307
Total assets less current liabilities
384,979
431,442
Creditors: amounts falling due after more than one year
8
(26,667)
(36,667)
Net assets
358,312
394,775
Capital and reserves
Called up share capital
300
300
Profit and loss reserves
358,012
394,475
Total equity
358,312
394,775

The directors of the company have elected not to include a copy of the profit and loss account within the financial statements.true

For the financial 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 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 members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

RBLM MANAGEMENT LIMITED
BALANCE SHEET (CONTINUED)
AS AT
31 MARCH 2023
31 March 2023
- 2 -
The financial statements were approved by the board of directors and authorised for issue on 31 October 2023 and are signed on its behalf by:
Lisa Minal
Russell Blizzard
Director
Director
Candice Daniel
Director
Company Registration No. 06891611
RBLM MANAGEMENT LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023
- 3 -
1
Accounting policies
Company information

RBLM Management Limited is a private company limited by shares incorporated in England and Wales. The registered office is Unit 1, Stamford Street, Stourbridge, West Midlands, DY8 4HR.

1.1
Accounting convention

These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The financial statements are prepared in sterling, which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £.

The financial statements have been prepared under the historical cost convention, [modified to include the revaluation of freehold properties and to include investment properties and certain financial instruments at fair value]. The principal accounting policies adopted are set out below.

1.2
Turnover

Turnover is recognised at the fair value of the consideration received or receivable for goods and services provided in the normal course of business, and is shown net of VAT and other sales related taxes. The fair value of consideration takes into account trade discounts, settlement discounts and volume rebates.

1.3
Fixed asset investments

Interests in subsidiaries, associates and jointly controlled entities are initially measured at cost and subsequently measured at cost less any accumulated impairment losses. The investments are assessed for impairment at each reporting date and any impairment losses or reversals of impairment losses are recognised immediately in profit or loss.

A subsidiary is an entity controlled by the company. Control is the power to govern the financial and operating policies of the entity so as to obtain benefits from its activities.

An associate is an entity, being neither a subsidiary nor a joint venture, in which the company holds a long-term interest and where the company has significant influence. The company considers that it has significant influence where it has the power to participate in the financial and operating decisions of the associate.

Entities in which the company has a long term interest and shares control under a contractual arrangement are classified as jointly controlled entities.

1.4
Financial instruments

The following assets and liabilities are classified as financial instruments – trade debtors, trade creditors, bank loans and directors’ loans.

Bank loans are initially measured at the present value of future payments, discounted at a market rate of interest, and subsequently at amortised costs using the effective interest method.

Directors’ loans (being repayable on demand), trade debtors and trade creditors are measured at the undiscounted amount of cash or other consideration expected to be paid or received.

RBLM MANAGEMENT LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2023
1
Accounting policies
(Continued)
- 4 -
1.5
Taxation

The tax expense represents the sum of the tax currently payable and deferred tax.

Tax deferred or accelerated is accounted for in respect of all material timing differences, in particular accelerated capital allowances. All deferred tax is charged/(credited) to the Statement of Income and Retained Earnings.

2
Employees

The average monthly number of persons (including directors) employed by the company during the year was:

2023
2022
Number
Number
Total
3
3
3
Fixed asset investments
2023
2022
£
£
Shares in group undertakings and participating interests
300,135
300,135
4
Subsidiaries

Details of the company's subsidiaries at 31 March 2023 are as follows:

Name of undertaking
Registered office
Nature of business
Class of
% Held
shares held
Direct
HF Contract Furniture Limited
UK
Supply of furniture
Ordinary
100.00
5
Significant undertakings

The company also has significant holdings in undertakings which are not consolidated:

Name of undertaking
Registered office
Nature of business
Class of
% Held
shares held
Direct
The Work Surface Centre Limited
UK
Supply of work surfaces
Ordinary
50.00
6
Debtors
2023
2022
Amounts falling due within one year:
£
£
Amounts owed by group undertakings
152,568
184,648
RBLM MANAGEMENT LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2023
- 5 -
7
Creditors: amounts falling due within one year
2023
2022
£
£
Bank loans
10,000
10,000
Trade creditors
3,598
3,791
Corporation tax
3,645
-
0
Other taxation and social security
39,687
16,341
Other creditors
12,145
25,715
69,075
55,847
8
Creditors: amounts falling due after more than one year
2023
2022
£
£
Other creditors
26,667
36,667
2023-03-312022-04-01false31 October 2023CCH SoftwareCCH Accounts Production 2022.200No description of principal activityMrs L MinalMr R BlizzardCandice Daniel068916112022-04-012023-03-31068916112023-03-31068916112022-03-3106891611core:CurrentFinancialInstrumentscore:WithinOneYear2023-03-3106891611core:CurrentFinancialInstrumentscore:WithinOneYear2022-03-3106891611core:Non-currentFinancialInstrumentscore:AfterOneYear2023-03-3106891611core:Non-currentFinancialInstrumentscore:AfterOneYear2022-03-3106891611core:CurrentFinancialInstruments2023-03-3106891611core:CurrentFinancialInstruments2022-03-3106891611core:ShareCapital2023-03-3106891611core:ShareCapital2022-03-3106891611core:RetainedEarningsAccumulatedLosses2023-03-3106891611core:RetainedEarningsAccumulatedLosses2022-03-3106891611bus:Director12022-04-012023-03-3106891611bus:Director22022-04-012023-03-3106891611bus:Director32022-04-012023-03-31068916112021-04-012022-03-3106891611core:Subsidiary12022-04-012023-03-3106891611core:Subsidiary112022-04-012023-03-3106891611core:Non-currentFinancialInstruments2023-03-3106891611core:Non-currentFinancialInstruments2022-03-3106891611bus:PrivateLimitedCompanyLtd2022-04-012023-03-3106891611bus:SmallCompaniesRegimeForAccounts2022-04-012023-03-3106891611bus:FRS1022022-04-012023-03-3106891611bus:AuditExemptWithAccountantsReport2022-04-012023-03-3106891611bus:FullAccounts2022-04-012023-03-31xbrli:purexbrli:sharesiso4217:GBP