1 August 2022 false No description of principal activity Taxfiler 2024.4 SC667281business:PrivateLimitedCompanyLtd2022-08-012023-07-31 SC6672812022-07-31 SC6672812022-08-012023-07-31 SC667281business:AuditExempt-NoAccountantsReport2022-08-012023-07-31 SC667281business:FilletedAccounts2022-08-012023-07-31 SC6672812023-07-31 SC6672812022-07-31 SC667281core:WithinOneYear2023-07-31 SC667281core:WithinOneYear2022-07-31 SC667281core:AfterOneYear2023-07-31 SC667281core:AfterOneYear2022-07-31 SC667281core:ShareCapitalcore:PreviouslyStatedAmount2023-07-31 SC667281core:ShareCapitalcore:PreviouslyStatedAmount2022-07-31 SC667281core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-07-31 SC667281core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2022-07-31 SC667281core:PreviouslyStatedAmount2023-07-31 SC667281core:PreviouslyStatedAmount2022-07-31 SC667281business:SmallEntities2022-08-012023-07-31 SC667281business:Director12022-08-012023-07-31 SC667281countries:Scotland2022-08-012023-07-31 SC667281business:RegisteredOffice2022-08-012023-07-31 SC667281core:MotorVehicles2022-08-012023-07-31 SC667281core:ComputerEquipment2022-08-012023-07-31 SC667281core:MotorVehicles2022-07-31 SC667281core:ComputerEquipment2022-07-31 SC667281core:MotorVehicles2023-07-31 SC667281core:ComputerEquipment2023-07-31 SC6672812021-08-012022-07-31 iso4217:GBP xbrli:pure
Company Registration No. SC667281 (Scotland)
RGM Heating Ltd Unaudited abbreviated accounts for the year ended 31 July 2023
RGM Heating Ltd Unaudited abbreviated accounts Contents
Page
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RGM Heating Ltd Statement of financial position as at 31 July 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
13,737 
11,961 
Current assets
Inventories
13,512 
13,562 
Debtors
6,651 
11,612 
Cash at bank and in hand
14,576 
2,095 
34,739 
27,269 
Creditors: amounts falling due within one year
(40,938)
(67,925)
Net current liabilities
(6,199)
(40,656)
Total assets less current liabilities
7,538 
(28,695)
Creditors: amounts falling due after more than one year
(5,320)
(7,314)
Net assets/(liabilities)
2,218 
(36,009)
Capital and reserves
Called up share capital
120 
120 
Profit and loss account
2,098 
(36,129)
Shareholders' funds
2,218 
(36,009)
For the year ending 31 July 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 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 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 of Directors and authorised for issue on 26 July 2024 and were signed on its behalf by
Mr Graeme Dick Director Company Registration No. SC667281
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RGM Heating Ltd Notes to the Accounts for the year ended 31 July 2023
1
Statutory information
RGM Heating Ltd is a private company, limited by shares, registered in Scotland, registration number SC667281. The registered office is 16 Cromarty Campus, Rosyth, Dunfermline, Fife, KY11 2WX, Scotland.
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.
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:
Motor vehicles
4 years straight line depreciation
Computer equipment
3 years straight line depreciation
4
Tangible fixed assets
Motor vehicles 
Computer equipment 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 August 2022
23,150 
695 
23,845 
Additions
10,395 
- 
10,395 
At 31 July 2023
33,545 
695 
34,240 
Depreciation
At 1 August 2022
11,575 
309 
11,884 
Charge for the year
8,386 
233 
8,619 
At 31 July 2023
19,961 
542 
20,503 
Net book value
At 31 July 2023
13,584 
153 
13,737 
At 31 July 2022
11,575 
386 
11,961 
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RGM Heating Ltd Notes to the Accounts for the year ended 31 July 2023
5
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
Trade debtors
3,273 
10,638 
Accrued income and prepayments
2,968 
974 
Other debtors
410 
- 
6,651 
11,612 
6
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
VAT
- 
15,468 
Obligations under finance leases and hire purchase contracts
7,814 
5,322 
Trade creditors
26,758 
20,701 
Taxes and social security
3,870 
2,883 
Other creditors
99 
5,398 
Loans from directors
2,000 
16,228 
Accruals
397 
1,925 
40,938 
67,925 
7
Creditors: amounts falling due after more than one year
2023 
2022 
£ 
£ 
Obligations under finance leases and hire purchase contracts
5,320 
7,314 
8
Average number of employees
During the year the average number of employees was 5 (2022: 5).
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