PTP Accounts Production v24.1.0.578 11803260 director 1.3.23 29.2.24 29.2.24 false true false false true false ordinary 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh118032602023-02-28118032602024-02-29118032602023-03-012024-02-29118032602022-02-28118032602022-03-012023-02-28118032602023-02-2811803260ns15:EnglandWales2023-03-012024-02-2911803260ns14:PoundSterling2023-03-012024-02-2911803260ns10:Director12023-03-012024-02-2911803260ns10:PrivateLimitedCompanyLtd2023-03-012024-02-2911803260ns10:SmallEntities2023-03-012024-02-2911803260ns10:AuditExemptWithAccountantsReport2023-03-012024-02-2911803260ns10:SmallCompaniesRegimeForDirectorsReport2023-03-012024-02-2911803260ns10:SmallCompaniesRegimeForAccounts2023-03-012024-02-2911803260ns10:FullAccounts2023-03-012024-02-2911803260ns10:OrdinaryShareClass12023-03-012024-02-2911803260ns10:CompanySecretary12023-03-012024-02-2911803260ns10:RegisteredOffice2023-03-012024-02-2911803260ns5:CurrentFinancialInstruments2024-02-2911803260ns5:CurrentFinancialInstruments2023-02-2811803260ns5:Non-currentFinancialInstruments2024-02-2911803260ns5:Non-currentFinancialInstruments2023-02-2811803260ns5:ShareCapital2024-02-2911803260ns5:ShareCapital2023-02-2811803260ns5:RetainedEarningsAccumulatedLosses2024-02-2911803260ns5:RetainedEarningsAccumulatedLosses2023-02-2811803260ns5:PlantMachinery2023-03-012024-02-2911803260ns5:FurnitureFittings2023-03-012024-02-2911803260ns5:ComputerEquipment2023-03-012024-02-2911803260ns5:PlantMachinery2023-02-2811803260ns5:FurnitureFittings2023-02-2811803260ns5:ComputerEquipment2023-02-2811803260ns5:PlantMachinery2024-02-2911803260ns5:FurnitureFittings2024-02-2911803260ns5:ComputerEquipment2024-02-2911803260ns5:PlantMachinery2023-02-2811803260ns5:FurnitureFittings2023-02-2811803260ns5:ComputerEquipment2023-02-2811803260ns5:CurrentFinancialInstrumentsns5:WithinOneYear2024-02-2911803260ns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-02-2811803260ns10:OrdinaryShareClass12024-02-29
REGISTERED NUMBER: 11803260 (England and Wales)















Unaudited Financial Statements for the Year Ended 29 February 2024

for

RES FM Limited

RES FM Limited (Registered number: 11803260)






Contents of the Financial Statements
for the Year Ended 29 February 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4

Report of the Accountants 7

RES FM Limited

Company Information
for the Year Ended 29 February 2024







DIRECTOR: Mrs K D Pearce





SECRETARY:





REGISTERED OFFICE: 48 Coxes Lane
Ramsgate
Kent
CT12 6SA





REGISTERED NUMBER: 11803260 (England and Wales)





ACCOUNTANTS: Adlam Accountancy Services
22 Grange Road
Ramsgate
Kent
CT11 9LR

RES FM Limited (Registered number: 11803260)

Balance Sheet
29 February 2024

29.2.24 28.2.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 27,709 32,175

CURRENT ASSETS
Stocks 5 1,650 2,084
Debtors 6 14,252 22,315
Cash at bank and in hand 1,595 16,810
17,497 41,209
CREDITORS
Amounts falling due within one year 7 44,072 45,711
NET CURRENT LIABILITIES (26,575 ) (4,502 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,134

27,673

CREDITORS
Amounts falling due after more than one
year

8

16,667

26,667
NET (LIABILITIES)/ASSETS (15,533 ) 1,006

CAPITAL AND RESERVES
Called up share capital 9 100 100
Retained earnings (15,633 ) 906
SHAREHOLDERS' FUNDS (15,533 ) 1,006

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 29 February 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 29 February 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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.

RES FM Limited (Registered number: 11803260)

Balance Sheet - continued
29 February 2024


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 director and authorised for issue on 2 October 2024 and were signed by:





Mrs K D Pearce - Director


RES FM Limited (Registered number: 11803260)

Notes to the Financial Statements
for the Year Ended 29 February 2024

1. STATUTORY INFORMATION

RES FM 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 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.
Tools and Equipment - 15% on reducing balance
Fixtures and fittings - 15% on reducing balance
Computer equipment - 15% on reducing balance

Additional assets were introduced to the Company on the 1st January 2021 for use therein.

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

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2023 - 4 ) .

RES FM Limited (Registered number: 11803260)

Notes to the Financial Statements - continued
for the Year Ended 29 February 2024

4. TANGIBLE FIXED ASSETS
Fixtures
Tools and and Computer
Equipment fittings equipment Totals
£    £    £    £   
COST
At 1 March 2023 16,347 22,110 6,470 44,927
Additions 424 - - 424
At 29 February 2024 16,771 22,110 6,470 45,351
DEPRECIATION
At 1 March 2023 4,741 5,924 2,087 12,752
Charge for year 1,805 2,428 657 4,890
At 29 February 2024 6,546 8,352 2,744 17,642
NET BOOK VALUE
At 29 February 2024 10,225 13,758 3,726 27,709
At 28 February 2023 11,606 16,186 4,383 32,175

5. STOCKS
29.2.24 28.2.23
£    £   
Stocks 1,650 -
Work-in-progress - 2,084
1,650 2,084

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
29.2.24 28.2.23
£    £   
Trade debtors 9,246 17,374
Prepayments 1,230 1,165
Vehicle Hire Deposits 3,776 3,776
14,252 22,315

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
29.2.24 28.2.23
£    £   
Bank loans and overdrafts 10,000 10,000
Corporation Tax - 1,100
Social security and other taxes 5,787 2,906
VAT 1,524 7,510
Other creditors 337 147
Pensions due 1,167 532
Directors' current accounts 23,955 21,561
Accrued expenses 1,302 1,955
44,072 45,711

RES FM Limited (Registered number: 11803260)

Notes to the Financial Statements - continued
for the Year Ended 29 February 2024

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
29.2.24 28.2.23
£    £   
Bounce Back Loan 10,000 10,000
Bounce Back Loan 6,667 16,667
16,667 26,667

9. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 29.2.24 28.2.23
value: £    £   
100 ordinary £1 100 100

RES FM Limited

Report of the Accountants to the Director of
RES FM Limited

The following reproduces the text of the report prepared for the director in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Director are not required to be filed with the Registrar of Companies.

As described on the Balance Sheet you are responsible for the preparation of the financial statements for the year ended 29 February 2024 set out on page nil and you consider that the company is exempt from an audit.

In accordance with your instructions, we have compiled these unaudited financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and information and explanations supplied to us.






Adlam Accountancy Services
22 Grange Road
Ramsgate
Kent
CT11 9LR


Date: .............................................