RIMAX LIMITED

Company Registration Number:
11502335 (England and Wales)

Unaudited statutory accounts for the year ended 31 August 2023

Period of accounts

Start date: 1 September 2022

End date: 31 August 2023

RIMAX LIMITED

Contents of the Financial Statements

for the Period Ended 31 August 2023

Profit and loss
Balance sheet
Additional notes
Balance sheet notes

RIMAX LIMITED

Profit And Loss Account

for the Period Ended 31 August 2023

2023 2022


£

£
Turnover: 7,885,747 4,908,575
Cost of sales: ( 5,345,855 ) ( 3,476,549 )
Gross profit(or loss): 2,539,892 1,432,026
Distribution costs: ( 241,525 ) ( 143,756 )
Administrative expenses: ( 526,985 ) ( 349,586 )
Operating profit(or loss): 1,771,382 938,684
Profit(or loss) before tax: 1,771,382 938,684
Tax: ( 336,562 ) ( 147,596 )
Profit(or loss) for the financial year: 1,434,820 791,088

RIMAX LIMITED

Balance sheet

As at 31 August 2023

Notes 2023 2022


£

£
Fixed assets
Tangible assets: 3 1,132,587 769,408
Total fixed assets: 1,132,587 769,408
Current assets
Stocks: 4 1,233,760 434,845
Debtors: 5 1,421,547 1,083,943
Cash at bank and in hand: 459,375 375,842
Total current assets: 3,114,682 1,894,630
Creditors: amounts falling due within one year: 6 ( 446,785 ) ( 298,374 )
Net current assets (liabilities): 2,667,897 1,596,256
Total assets less current liabilities: 3,800,484 2,365,664
Total net assets (liabilities): 3,800,484 2,365,664
Capital and reserves
Called up share capital: 250,000 250,000
Profit and loss account: 3,550,484 2,115,664
Total Shareholders' funds: 3,800,484 2,365,664

The notes form part of these financial statements

RIMAX LIMITED

Balance sheet statements

For the year ending 31 August 2023 the company was entitled to exemption 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 directors acknowledge their 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.

This report was approved by the board of directors on 4 March 2024
and signed on behalf of the board by:

Name: Darius Kvitnickas
Status: Director

The notes form part of these financial statements

RIMAX LIMITED

Notes to the Financial Statements

for the Period Ended 31 August 2023

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Financial Reporting Standard 101

RIMAX LIMITED

Notes to the Financial Statements

for the Period Ended 31 August 2023

  • 2. Employees

    2023 2022
    Average number of employees during the period 17 12

RIMAX LIMITED

Notes to the Financial Statements

for the Period Ended 31 August 2023

3. Tangible assets

Land & buildings Plant & machinery Fixtures & fittings Office equipment Motor vehicles Total
Cost £ £ £ £ £ £
At 1 September 2022 506,008 133,287 55,165 64,796 207,293 966,549
Additions 350,000 45,169 59,863 39,587 95,272 589,891
Disposals
Revaluations
Transfers
At 31 August 2023 856,008 178,456 115,028 104,383 302,565 1,556,440
Depreciation
At 1 September 2022 25,764 17,613 33,642 120,122 197,141
Charge for year 44,614 38,757 36,095 107,246 226,712
On disposals
Other adjustments
At 31 August 2023 70,378 56,370 69,737 227,368 423,853
Net book value
At 31 August 2023 856,008 108,078 58,658 34,646 75,197 1,132,587
At 31 August 2022 506,008 107,523 37,552 31,154 87,171 769,408

RIMAX LIMITED

Notes to the Financial Statements

for the Period Ended 31 August 2023

4. Stocks

2023 2022
£ £
Stocks 1,233,760 434,845
Total 1,233,760 434,845

RIMAX LIMITED

Notes to the Financial Statements

for the Period Ended 31 August 2023

5. Debtors

2023 2022
£ £
Trade debtors 1,421,547 1,083,943
Total 1,421,547 1,083,943

RIMAX LIMITED

Notes to the Financial Statements

for the Period Ended 31 August 2023

6. Creditors: amounts falling due within one year note

2023 2022
£ £
Trade creditors 110,223 150,778
Taxation and social security 336,562 147,596
Total 446,785 298,374