Silverfin false false 31/12/2023 01/01/2023 31/12/2023 N J Mee 10/06/2021 G J Tolsma 14/07/2023 10/06/2021 04 November 2024 The principal activity of the Company during the financial year was that of management of property and development of building projects. 13448610 2023-12-31 13448610 bus:Director1 2023-12-31 13448610 bus:Director2 2023-12-31 13448610 2022-12-31 13448610 core:CurrentFinancialInstruments 2023-12-31 13448610 core:CurrentFinancialInstruments 2022-12-31 13448610 core:ShareCapital 2023-12-31 13448610 core:ShareCapital 2022-12-31 13448610 core:RetainedEarningsAccumulatedLosses 2023-12-31 13448610 core:RetainedEarningsAccumulatedLosses 2022-12-31 13448610 core:OfficeEquipment 2022-12-31 13448610 core:ComputerEquipment 2022-12-31 13448610 core:OfficeEquipment 2023-12-31 13448610 core:ComputerEquipment 2023-12-31 13448610 core:CurrentFinancialInstruments 10 2023-12-31 13448610 core:CurrentFinancialInstruments 10 2022-12-31 13448610 bus:OrdinaryShareClass1 2023-12-31 13448610 2023-01-01 2023-12-31 13448610 bus:FilletedAccounts 2023-01-01 2023-12-31 13448610 bus:SmallEntities 2023-01-01 2023-12-31 13448610 bus:AuditExemptWithAccountantsReport 2023-01-01 2023-12-31 13448610 bus:PrivateLimitedCompanyLtd 2023-01-01 2023-12-31 13448610 bus:Director1 2023-01-01 2023-12-31 13448610 bus:Director2 2023-01-01 2023-12-31 13448610 core:OfficeEquipment core:TopRangeValue 2023-01-01 2023-12-31 13448610 core:ComputerEquipment core:TopRangeValue 2023-01-01 2023-12-31 13448610 2022-01-01 2022-12-31 13448610 core:OfficeEquipment 2023-01-01 2023-12-31 13448610 core:ComputerEquipment 2023-01-01 2023-12-31 13448610 bus:OrdinaryShareClass1 2023-01-01 2023-12-31 13448610 bus:OrdinaryShareClass1 2022-01-01 2022-12-31 iso4217:GBP xbrli:pure xbrli:shares

Company No: 13448610 (England and Wales)

ROCKWELL PROJECT MANAGEMENT LIMITED

Unaudited Financial Statements
For the financial year ended 31 December 2023
Pages for filing with the registrar

ROCKWELL PROJECT MANAGEMENT LIMITED

Unaudited Financial Statements

For the financial year ended 31 December 2023

Contents

ROCKWELL PROJECT MANAGEMENT LIMITED

STATEMENT OF FINANCIAL POSITION

As at 31 December 2023
ROCKWELL PROJECT MANAGEMENT LIMITED

STATEMENT OF FINANCIAL POSITION (continued)

As at 31 December 2023
Note 2023 2022
£ £
Fixed assets
Tangible assets 3 2,476 3,254
2,476 3,254
Current assets
Debtors 4 267,971 105,136
Cash at bank and in hand 4,397 5,242
272,368 110,378
Creditors: amounts falling due within one year 5 ( 226,643) ( 39,165)
Net current assets 45,725 71,213
Total assets less current liabilities 48,201 74,467
Net assets 48,201 74,467
Capital and reserves
Called-up share capital 6 100 100
Profit and loss account 48,101 74,367
Total shareholder's funds 48,201 74,467

For the financial year ending 31 December 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

The financial statements of Rockwell Project Management Limited (registered number: 13448610) were approved and authorised for issue by the Director. They were signed on its behalf by:

N J Mee
Director

04 November 2024

ROCKWELL PROJECT MANAGEMENT LIMITED

NOTES TO THE FINANCIAL STATEMENTS

For the financial year ended 31 December 2023
ROCKWELL PROJECT MANAGEMENT LIMITED

NOTES TO THE FINANCIAL STATEMENTS

For the financial year ended 31 December 2023
1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial year and to the preceding financial year, unless otherwise stated.

General information and basis of accounting

Rockwell Project Management Limited (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the company's registered office is 2nd Floor 140 Wardour Street, London, W1F 8ZT, United Kingdom.

The financial statements have been prepared under the historical cost convention, modified to include certain items at fair value, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.

The financial statements are presented in pounds sterling which is the functional currency of the Company and rounded to the nearest £.

Going concern

The director has assessed the Statement of Financial Position and likely future cash flows at the date of approving these financial statements. The director has a reasonable expectation that the company has adequate resources to continue in operational existence and to meet its financial obligations as they fall due for at least 12 months from the date of signing these financial statements. Accordingly, they continue to adopt the going concern basis in preparing the financial statements.

Turnover

Turnover is recognised at the fair value of the consideration received or receivable for goods and services provided in the normal course of business, and is shown net of VAT and other sales related taxes. The fair value of consideration takes into account trade discounts, settlement discounts and volume rebates.

Turnover is recognised when the significant risks and rewards are considered to have been transferred to the customer.

Taxation

Current tax
Current tax is provided at amounts expected to be paid (or recoverable) using the tax rates and laws that have been enacted or substantively enacted at the Statement of Financial Position date.

Tangible fixed assets

Tangible fixed assets are stated at cost or valuation, net of depreciation and any provision for impairment. Depreciation is provided on all tangible fixed assets, other than investment property and freehold land, at rates calculated to write off the cost or valuation, less estimated residual value, of each asset on a straight-line or reducing balance basis over its expected useful life, as follows:

Office equipment 5 years straight line
Computer equipment 5 years straight line

Residual value represents the estimated amount which would currently be obtained from disposal of an asset, after deducting estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life.


The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to profit or loss.

Impairment of assets

Assets, other than those measured at fair value, are assessed for indicators of impairment at each Statement of Financial Position date. If there is objective evidence of impairment, an impairment loss is recognised in the Statement of Income and Retained Earnings as described below.

2. Employees

2023 2022
Number Number
Monthly average number of persons employed by the company during the year, including the director 2 2

3. Tangible assets

Office equipment Computer equipment Total
£ £ £
Cost
At 01 January 2023 1,677 2,216 3,893
At 31 December 2023 1,677 2,216 3,893
Accumulated depreciation
At 01 January 2023 196 443 639
Charge for the financial year 335 443 778
At 31 December 2023 531 886 1,417
Net book value
At 31 December 2023 1,146 1,330 2,476
At 31 December 2022 1,481 1,773 3,254

4. Debtors

2023 2022
£ £
Trade debtors 0 7,728
Amounts owed by group undertakings 0 6,790
Accrued income 173,333 0
VAT recoverable 32,598 1,236
Other taxation and social security 9,254 9,254
Other debtors 52,786 80,128
267,971 105,136

5. Creditors: amounts falling due within one year

2023 2022
£ £
Trade creditors 182,039 0
Amounts owed to group undertakings 40,929 0
Accruals 3,675 3,500
Taxation and social security 0 25,665
Other creditors 0 10,000
226,643 39,165

6. Called-up share capital

2023 2022
£ £
Allotted, called-up and fully-paid
100 Ordinary shares of £ 1.00 each 100 100

7. Related party transactions

Other related party transactions

2023 2022
£ £
Amounts owed by group undertakings 0 6,790
Other debtors 52,786 80,127
Amounts owed to group undertakings 40,929 0
Professional fees payable 150,000 0

Includnclued within other debtors is an amount of £52,786 (2022 : £80,127) due from MCCI S.A.R.L a connected company. The balance is unsecured, interest free and repayable upon demand.

Included within amounts owed to group undertakings is an amount of £40,929 (2022 : £Nil) due to Rockwell Properties Ltd and Rockwell Hurlingham Ltd. The balance is unsecured, interest free and repayable upon demand.