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REGISTERED NUMBER: 11174228 (England and Wales)










UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JANUARY 2024

FOR

R3M GROUP LIMITED

R3M GROUP LIMITED (REGISTERED NUMBER: 11174228)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2024




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 3


R3M GROUP LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 JANUARY 2024







DIRECTOR: M Assucena





REGISTERED OFFICE: Southgate Office Village
286a Chase Road
Southgate
London
N14 6HF





REGISTERED NUMBER: 11174228 (England and Wales)





ACCOUNTANTS: ELM Partners
Chartered Certified Accountants
Southgate Office Village
286a Chase Road
Southgate
London
N14 6HF

R3M GROUP LIMITED (REGISTERED NUMBER: 11174228)

STATEMENT OF FINANCIAL POSITION
31 JANUARY 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 3,243 2,405

CURRENT ASSETS
Debtors 5 33,717 60,018
Cash at bank and in hand 1,769 81,546
35,486 141,564
CREDITORS
Amounts falling due within one year 6 5,542 42,078
NET CURRENT ASSETS 29,944 99,486
TOTAL ASSETS LESS CURRENT
LIABILITIES

33,187

101,891

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 33,087 101,791
SHAREHOLDERS' FUNDS 33,187 101,891

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 30 October 2024 and were signed by:





M Assucena - Director


R3M GROUP LIMITED (REGISTERED NUMBER: 11174228)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2024

1. STATUTORY INFORMATION

R3M Group 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.
Plant and machinery - 20% on reducing balance
Fixtures and fittings - 20% on reducing balance
Computer equipment - 20% on reducing balance

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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 statement of financial position date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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.

3. EMPLOYEES AND DIRECTORS

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

R3M GROUP LIMITED (REGISTERED NUMBER: 11174228)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 JANUARY 2024

4. TANGIBLE FIXED ASSETS
Fixtures
Plant and and Computer
machinery fittings equipment Totals
£    £    £    £   
COST
At 1 February 2023 637 1,263 2,516 4,416
Additions - - 1,649 1,649
At 31 January 2024 637 1,263 4,165 6,065
DEPRECIATION
At 1 February 2023 128 617 1,266 2,011
Charge for year 102 129 580 811
At 31 January 2024 230 746 1,846 2,822
NET BOOK VALUE
At 31 January 2024 407 517 2,319 3,243
At 31 January 2023 509 646 1,250 2,405

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Other debtors - 1,216
Director's current account 32,925 58,802
VAT 792 -
33,717 60,018

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Tax 3,427 23,735
VAT - 14,858
Accrued expenses 2,115 3,485
5,542 42,078

7. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 January 2024 and 31 January 2023:

2024 2023
£    £   
M Assucena
Balance outstanding at start of year 58,802 (7,108 )
Amounts advanced 72,612 94,743
Amounts repaid (98,489 ) (28,833 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 32,925 58,802

During the year interest was charged on overdrawn director loan account at the official interest rate.