Company Registration No. 04173681 (England and Wales)
RMD Mangia Ltd
Unaudited accounts
for the year ended 30 April 2024
RMD Mangia Ltd
Statement of financial position
as at 30 April 2024
Tangible assets
74,400
77,989
Cash at bank and in hand
398
10,216
Creditors: amounts falling due within one year
(104,126)
(94,780)
Net current liabilities
(8,244)
(9,080)
Total assets less current liabilities
66,156
68,909
Provisions for liabilities
Deferred tax
(14,136)
(14,818)
Called up share capital
20
20
Profit and loss account
52,000
54,071
Shareholders' funds
52,020
54,091
For the year ending 30 April 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 6 January 2025 and were signed on its behalf by
Mr Rashid Mangia
Director
Company Registration No. 04173681
RMD Mangia Ltd
Notes to the Accounts
for the year ended 30 April 2024
RMD Mangia Ltd is a private company, limited by shares, registered in England and Wales, registration number 04173681. The registered office is 80 Upper Charnwood Street, Leicester, LE2 0BE.
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
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:
Plant & machinery
10% straight line
Computer equipment
20% straight line
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws.
Deferred tax assets and liabilities are not discounted.
Government grants in relation to tangible fixed assets are credited to profit and loss account over the useful lives of the related assets, whereas those in relation to expenditure are credited when the expenditure is charged to profit and loss.
RMD Mangia Ltd
Notes to the Accounts
for the year ended 30 April 2024
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Tangible fixed assets
Plant & machinery
Charge for the year
12,852
Amounts falling due within one year
Accrued income and prepayments
89,000
74,000
6
Creditors: amounts falling due within one year
2024
2023
Taxes and social security
2,884
2,813
Other creditors
100,473
91,397
7
Average number of employees
During the year the average number of employees was 2 (2023: 2).