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REGISTERED NUMBER: 13732735 (England and Wales)















RM TECH REPAIRS LTD

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 NOVEMBER 2023






RM TECH REPAIRS LTD (REGISTERED NUMBER: 13732735)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


RM TECH REPAIRS LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 30 NOVEMBER 2023







DIRECTORS: Mr R L E Harris
Mrs V L Visagie





REGISTERED OFFICE: 7 Town Walk
Folkestone
Kent
CT20 2AD





REGISTERED NUMBER: 13732735 (England and Wales)





ACCOUNTANTS: Spurling Cannon
King Arthur’s Court
Maidstone Road
Charing
Kent
TN27 0JS

RM TECH REPAIRS LTD (REGISTERED NUMBER: 13732735)

BALANCE SHEET
30 NOVEMBER 2023

2023 2022
Notes £    £   
FIXED ASSETS
Tangible assets 4 7,102 6,114

CURRENT ASSETS
Stocks 4,500 -
Debtors 5 - 2,144
Cash at bank 555 -
5,055 2,144
CREDITORS
Amounts falling due within one year 6 (56,073 ) (23,867 )
NET CURRENT LIABILITIES (51,018 ) (21,723 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

(43,916

)

(15,609

)

CAPITAL AND RESERVES
Called up share capital 2 2
Retained earnings (43,918 ) (15,611 )
(43,916 ) (15,609 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 November 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 November 2023 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:
(a)ensuring that the company keeps 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 Sections 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.

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

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 30 August 2024 and were signed on its behalf by:





Mr R L E Harris - Director


RM TECH REPAIRS LTD (REGISTERED NUMBER: 13732735)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2023

1. STATUTORY INFORMATION

Rm Tech Repairs Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2022 - NIL ) .

RM TECH REPAIRS LTD (REGISTERED NUMBER: 13732735)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 NOVEMBER 2023

4. TANGIBLE FIXED ASSETS
Improvements
to Plant and Computer
property machinery equipment Totals
£    £    £    £   
COST
At 1 December 2022 3,777 3,111 509 7,397
Additions 2,026 338 - 2,364
At 30 November 2023 5,803 3,449 509 9,761
DEPRECIATION
At 1 December 2022 378 778 127 1,283
Charge for year 580 668 128 1,376
At 30 November 2023 958 1,446 255 2,659
NET BOOK VALUE
At 30 November 2023 4,845 2,003 254 7,102
At 30 November 2022 3,399 2,333 382 6,114

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
VAT - 2,144

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade creditors (2 ) -
VAT 446 -
Directors' current accounts 52,679 22,167
Accrued expenses 2,950 1,700
56,073 23,867

7. GOING CONCERN

The company has made a loss during the year and at the balance sheet date, it had net liabilities. The
company is reliant on the support by the director, who has lent the company a loan.

On the basis that the director will continue to support the reporting entity for the foreseeable future,
the director considers it appropriate to prepare the financial statements on a going concern basis.