1 February 2023 false No description of principal activity Taxfiler 2024.5 11131783business:PrivateLimitedCompanyLtd2023-02-012024-01-31 111317832023-01-31 111317832023-02-012024-01-31 11131783business:AuditExempt-NoAccountantsReport2023-02-012024-01-31 11131783business:FilletedAccounts2023-02-012024-01-31 111317832024-01-31 11131783business:Director12023-02-012024-01-31 11131783business:RegisteredOffice2023-02-012024-01-31 111317832023-01-31 11131783core:WithinOneYear2024-01-31 11131783core:WithinOneYear2023-01-31 11131783core:ShareCapitalcore:PreviouslyStatedAmount2024-01-31 11131783core:ShareCapitalcore:PreviouslyStatedAmount2023-01-31 11131783core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2024-01-31 11131783core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-01-31 11131783core:PreviouslyStatedAmount2024-01-31 11131783core:PreviouslyStatedAmount2023-01-31 11131783business:SmallEntities2023-02-012024-01-31 11131783countries:EnglandWales2023-02-012024-01-31 11131783core:ComputerEquipment2023-02-012024-01-31 11131783core:ComputerEquipment2023-01-31 11131783core:ComputerEquipment2024-01-31 11131783core:AdditionsToInvestments2024-01-31 111317832022-02-012023-01-31 iso4217:GBP xbrli:pure
Company Registration No. 11131783 (England and Wales)
RMC Financial Management Ltd Unaudited accounts for the year ended 31 January 2024
RMC Financial Management Ltd Unaudited accounts Contents
Page
- 2 -
RMC Financial Management Ltd Company Information for the year ended 31 January 2024
Director
NAIT-LADJEMIL, Massyl
Company Number
11131783 (England and Wales)
Registered Office
SUITE 94 19-21 CRAWFORD STREET LONDON W1H 1PJ UNITED KINGDOM
- 3 -
RMC Financial Management Ltd Statement of financial position as at 31 January 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
1,366 
1,926 
Investments
360,000 
- 
361,366 
1,926 
Current assets
Debtors
14,010 
93,981 
Cash at bank and in hand
261,534 
418,971 
275,544 
512,952 
Creditors: amounts falling due within one year
(215,788)
(251,475)
Net current assets
59,756 
261,477 
Net assets
421,122 
263,403 
Capital and reserves
Called up share capital
10 
10 
Profit and loss account
421,112 
263,393 
Shareholders' funds
421,122 
263,403 
For the year ending 31 January 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 29 October 2024 and were signed on its behalf by
NAIT-LADJEMIL, Massyl Director Company Registration No. 11131783
- 4 -
RMC Financial Management Ltd Notes to the Accounts for the year ended 31 January 2024
1
Statutory information
RMC Financial Management Ltd is a private company, limited by shares, registered in England and Wales, registration number 11131783. The registered office is SUITE 94 19-21 CRAWFORD STREET, LONDON, W1H 1PJ, UNITED KINGDOM.
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:
Computer equipment
Depreciated over 5 years on a straight line basis
4
Tangible fixed assets
Computer equipment 
£ 
Cost or valuation
At cost 
At 1 February 2023
2,839 
At 31 January 2024
2,839 
Depreciation
At 1 February 2023
913 
Charge for the year
560 
At 31 January 2024
1,473 
Net book value
At 31 January 2024
1,366 
At 31 January 2023
1,926 
5
Investments
Other investments 
£ 
Valuation at 1 February 2023
- 
Additions
360,000 
Valuation at 31 January 2024
360,000 
- 5 -
RMC Financial Management Ltd Notes to the Accounts for the year ended 31 January 2024
6
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
VAT
- 
30,166 
Accrued income and prepayments
14,000 
63,805 
Other debtors
10 
10 
14,010 
93,981 
7
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
VAT
15,356 
- 
Trade creditors
1,984 
129,889 
Taxes and social security
50,437 
36,751 
Other creditors
460 
442 
Loans from directors
145,551 
68,644 
Accruals
2,000 
15,749 
215,788 
251,475 
8
Average number of employees
During the year the average number of employees was 6 (2023: 6).
- 6 -