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REGISTERED NUMBER: 01966747 (England and Wales)















Financial Statements for the Year Ended 31 December 2023

for

R.A.H.M.S. Limited

R.A.H.M.S. Limited (Registered number: 01966747)






Contents of the Financial Statements
for the Year Ended 31 December 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


R.A.H.M.S. Limited

Company Information
for the Year Ended 31 December 2023







DIRECTORS: R G Jones
D C Litton
Ms E Gairy



SECRETARY: R G Jones



REGISTERED OFFICE: 75 Grosvenor Street
Mayfair
London
W1K 3JS



REGISTERED NUMBER: 01966747 (England and Wales)



SENIOR STATUTORY AUDITOR: PA Freeman BA FCA FCCA



AUDITORS: Lawes and Co
Boyce's Building
40-42 Regent Street
Bristol
BS8 4HU

R.A.H.M.S. Limited (Registered number: 01966747)

Balance Sheet
31 December 2023

31.12.23 31.12.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 395,609 1
Investments 5 1,169,111 1,169,112
1,564,720 1,169,113

CURRENT ASSETS
Debtors 6 2,883,272 1,536,248
Cash at bank 910,400 1,892,705
3,793,672 3,428,953
CREDITORS
Amounts falling due within one year 7 942,229 585,398
NET CURRENT ASSETS 2,851,443 2,843,555
TOTAL ASSETS LESS CURRENT
LIABILITIES

4,416,163

4,012,668

CREDITORS
Amounts falling due after more than one
year

8

600,000

670,000
NET ASSETS 3,816,163 3,342,668

CAPITAL AND RESERVES
Called up share capital 9 100 100
Retained earnings 10 3,816,063 3,342,568
SHAREHOLDERS' FUNDS 3,816,163 3,342,668

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 11 September 2024 and were signed on its behalf by:





D C Litton - Director


R.A.H.M.S. Limited (Registered number: 01966747)

Notes to the Financial Statements
for the Year Ended 31 December 2023

1. STATUTORY INFORMATION

R.A.H.M.S. Limited 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 represents consultancy services and serviced office charges receivable net of VAT.

Tangible fixed assets
All tangible fixed assets are depreciated 25% on a Straight Line basis.

Investments in subsidiaries
Investments in subsidiary undertakings are recognised at cost.

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.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Foreign currencies
Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

Investments
Investment in the company's subsidiary Petit Papillon Management Limited is measured at cost less impairment.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 21 (2022 - 22 ) .

R.A.H.M.S. Limited (Registered number: 01966747)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2023

4. TANGIBLE FIXED ASSETS
Fixtures
Long and
leasehold fittings Totals
£    £    £   
COST
At 1 January 2023 544,195 1,479,312 2,023,507
Additions 423,866 - 423,866
Disposals - 17,793 17,793
At 31 December 2023 968,061 1,497,105 2,465,166
DEPRECIATION
At 1 January 2023 544,195 1,479,311 2,023,506
Charge for year 28,258 - 28,258
Eliminated on disposal - 17,793 17,793
At 31 December 2023 572,453 1,497,104 2,069,557
NET BOOK VALUE
At 31 December 2023 395,608 1 395,609
At 31 December 2022 - 1 1

5. FIXED ASSET INVESTMENTS

31.12.23 31.12.22
£    £   
Shares in group undertakings 1,151,311 1,151,312
Other investments not loans 17,800 17,800
1,169,111 1,169,112

Additional information is as follows:
Shares in
group
undertakings
£   
COST
At 1 January 2023 1,151,312
Additions (1 )
At 31 December 2023 1,151,311
NET BOOK VALUE
At 31 December 2023 1,151,311
At 31 December 2022 1,151,312

Investments (neither listed nor unlisted) were as follows:
31.12.23 31.12.22
£    £   
Unlisted investment costs 13,982 11,317
Unlisted investment revalue 3,818 6,483

R.A.H.M.S. Limited (Registered number: 01966747)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2023

5. FIXED ASSET INVESTMENTS - continued
17,800 17,800

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.23 31.12.22
£    £   
Trade debtors 70,264 109,279
Amounts owed by parent company - 5,362
Other debtors 2,813,008 1,421,607
2,883,272 1,536,248

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.23 31.12.22
£    £   
Trade creditors 300,193 38,746
Amounts owed to parent company 119,089 -
Taxation and social security 302,708 240,594
Other creditors 220,239 306,058
942,229 585,398

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.12.23 31.12.22
£    £   
Amounts owed to parent company 600,000 670,000

9. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.12.23 31.12.22
value: £    £   
100 Ordinary £1 100 100

10. RESERVES
Retained
earnings
£   

At 1 January 2023 3,342,568
Profit for the year 473,495
At 31 December 2023 3,816,063

11. DISCLOSURE UNDER SECTION 444(5B) OF THE COMPANIES ACT 2006

The Report of the Auditors was unqualified.

PA Freeman BA FCA FCCA (Senior Statutory Auditor)
for and on behalf of Lawes and Co

R.A.H.M.S. Limited (Registered number: 01966747)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2023

12. RELATED PARTY DISCLOSURES

At the year end the company owed Perpetua Family Office Limited (the parent company) £600,000 (2022 £670,000).