Company Registration No. 12770367 (England and Wales)
RIMD Limited
Unaudited accounts
for the year ended 31 March 2024
RIMD Limited
Unaudited accounts
Contents
RIMD Limited
Company Information
for the year ended 31 March 2024
Director
Christopher Lorenzo Iaciofano
Company Number
12770367 (England and Wales)
Registered Office
Unit 8 Fleet Marston Farm
Fleet Marston
Aylesbury
Buckinghamshire
HP18 0PZ
Accountants
Redwood Accountants
26 Martingale Grove
Arborfield Green
Reading
Berkshire
RG2 9HD
RIMD Limited
Statement of financial position
as at 31 March 2024
Tangible assets
95,360
118,241
Cash at bank and in hand
420
5,560
Creditors: amounts falling due within one year
(28,493)
1,046
Net current assets
38,024
59,557
Total assets less current liabilities
133,384
177,798
Creditors: amounts falling due after more than one year
(508,297)
(510,944)
Net liabilities
(374,913)
(333,146)
Called up share capital
20,000
20,000
Profit and loss account
(394,913)
(353,146)
Shareholders' funds
(374,913)
(333,146)
For the year ending 31 March 2024 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 director acknowledges his 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 and authorised for issue on 9 September 2024 and were signed on its behalf by
Christopher Lorenzo Iaciofano
Director
Company Registration No. 12770367
RIMD Limited
Notes to the Accounts
for the year ended 31 March 2024
RIMD Limited is a private company, limited by shares, registered in England and Wales, registration number 12770367. The registered office is Unit 8 Fleet Marston Farm, Fleet Marston, Aylesbury, Buckinghamshire, HP18 0PZ.
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
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:
Plant & machinery
5 Years Straight Line
Motor vehicles
5 Years Straight Line
Computer equipment
3 Years Straight Line
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 April 2023
265,122
-
7,216
272,338
Additions
16,438
23,000
2,680
42,118
Disposals
(17,788)
-
-
(17,788)
At 31 March 2024
263,772
23,000
9,896
296,668
At 1 April 2023
147,981
-
6,116
154,097
Charge for the year
50,320
4,600
1,526
56,446
On disposals
(9,235)
-
-
(9,235)
At 31 March 2024
189,066
4,600
7,642
201,308
At 31 March 2024
74,706
18,400
2,254
95,360
At 31 March 2023
117,141
-
1,100
118,241
RIMD Limited
Notes to the Accounts
for the year ended 31 March 2024
Amounts falling due within one year
Trade debtors
43,930
3,195
Other debtors
16,167
17,262
6
Creditors: amounts falling due within one year
2024
2023
Taxes and social security
3,326
-
Loans from directors
5,964
159
7
Creditors: amounts falling due after more than one year
2024
2023
Other creditors
508,297
510,944
Allotted, called up and fully paid:
2,000,000 Ordinary shares of £0.01 each
20,000
20,000
Brought
Forward
Advance/
credit
Repaid
Carried
Forward
Christopher Lorenzo Iaciofano
Directors Loan
(159)
22,457
28,262
(5,964)
(159)
22,457
28,262
(5,964)
Loans are provided interest free with no set repayment terms.
10
Average number of employees
During the year the average number of employees was 3 (2023: 3).