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REGISTERED NUMBER: 10127331 (England and Wales)















Unaudited Financial Statements for the Year Ended 30 April 2024

for

RGM Electrical Services Limited

RGM Electrical Services Limited (Registered number: 10127331)






Contents of the Financial Statements
for the Year Ended 30 April 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


RGM Electrical Services Limited

Company Information
for the Year Ended 30 April 2024







DIRECTOR: R A J Gale





REGISTERED OFFICE: 7 Cooks Lane
Southbourne
Emsworth
Hampshire
PO10 8LG





REGISTERED NUMBER: 10127331 (England and Wales)





ACCOUNTANTS: Direct Accounting
7 Cooks Lane
Southbourne
Emsworth
Hampshire
PO10 8LG

RGM Electrical Services Limited (Registered number: 10127331)

Balance Sheet
30 April 2024

30.4.24 30.4.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 15,764 9,139

CURRENT ASSETS
Stocks 7,537 -
Debtors 5 36,567 36,190
Cash at bank 3,165 2,598
47,269 38,788
CREDITORS
Amounts falling due within one year 6 63,879 32,492
NET CURRENT (LIABILITIES)/ASSETS (16,610 ) 6,296
TOTAL ASSETS LESS CURRENT
LIABILITIES

(846

)

15,435

CREDITORS
Amounts falling due after more than one
year

7

5,416

10,416
NET (LIABILITIES)/ASSETS (6,262 ) 5,019

CAPITAL AND RESERVES
Called up share capital 2 2
Retained earnings (6,264 ) 5,017
SHAREHOLDERS' FUNDS (6,262 ) 5,019

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 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.

RGM Electrical Services Limited (Registered number: 10127331)

Balance Sheet - continued
30 April 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 23 December 2024 and were signed by:





R A J Gale - Director


RGM Electrical Services Limited (Registered number: 10127331)

Notes to the Financial Statements
for the Year Ended 30 April 2024

1. STATUTORY INFORMATION

RGM Electrical Services 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 - 25% on reducing balance
Computer equipment - 25% on reducing balance

Stocks
Work in progress is valued at the lower of cost and net realisable value.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

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.

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 3 (2023 - 3 ) .

RGM Electrical Services Limited (Registered number: 10127331)

Notes to the Financial Statements - continued
for the Year Ended 30 April 2024

4. TANGIBLE FIXED ASSETS
Plant and Computer
machinery equipment Totals
£    £    £   
COST
At 1 May 2023 22,302 3,655 25,957
Additions 11,500 274 11,774
At 30 April 2024 33,802 3,929 37,731
DEPRECIATION
At 1 May 2023 14,878 1,940 16,818
Charge for year 4,692 457 5,149
At 30 April 2024 19,570 2,397 21,967
NET BOOK VALUE
At 30 April 2024 14,232 1,532 15,764
At 30 April 2023 7,424 1,715 9,139

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.4.24 30.4.23
£    £   
Trade debtors 31,636 32,378
Other debtors 4,931 3,812
36,567 36,190

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.4.24 30.4.23
£    £   
Bank loans and overdrafts 5,000 5,000
Trade creditors 39,355 22,000
Taxation and social security 3,672 4,124
Other creditors 15,852 1,368
63,879 32,492

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
30.4.24 30.4.23
£    £   
Bank loans 5,416 10,416

8. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

Dividends totalling £0 (2023; £2,625) were voted and paid to the company director.
At the year end date the company owed £9,504 to the director.