Acorah Software Products - Accounts Production 16.1.300 false true true 31 May 2023 1 June 2022 false 1 June 2023 31 May 2024 31 May 2024 11353006 Mr Jay Hemantkumar Gandhi Mr Jay Hemantkumar Gandhi true iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 11353006 2023-05-31 11353006 2024-05-31 11353006 2023-06-01 2024-05-31 11353006 frs-core:Non-currentFinancialInstruments 2024-05-31 11353006 frs-core:ShareCapital 2024-05-31 11353006 frs-core:RetainedEarningsAccumulatedLosses 2024-05-31 11353006 frs-bus:PrivateLimitedCompanyLtd 2023-06-01 2024-05-31 11353006 frs-bus:FilletedAccounts 2023-06-01 2024-05-31 11353006 frs-bus:SmallEntities 2023-06-01 2024-05-31 11353006 frs-bus:AuditExempt-NoAccountantsReport 2023-06-01 2024-05-31 11353006 frs-bus:SmallCompaniesRegimeForAccounts 2023-06-01 2024-05-31 11353006 frs-bus:OrdinaryShareClass1 2023-06-01 2024-05-31 11353006 frs-bus:OrdinaryShareClass1 2024-05-31 11353006 1 2023-06-01 2024-05-31 11353006 frs-bus:Director1 2023-06-01 2024-05-31 11353006 frs-countries:EnglandWales 2023-06-01 2024-05-31 11353006 2022-05-31 11353006 2023-05-31 11353006 2022-06-01 2023-05-31 11353006 frs-core:Non-currentFinancialInstruments 2023-05-31 11353006 frs-core:ShareCapital 2023-05-31 11353006 frs-core:RetainedEarningsAccumulatedLosses 2023-05-31 11353006 frs-bus:OrdinaryShareClass1 2022-06-01 2023-05-31
Registered number: 11353006
RKVMM LIMITED
Unaudited Financial Statements
For The Year Ended 31 May 2024
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3
Page 1
Balance Sheet
Registered number: 11353006
2024 2023
Notes £ £ £ £
CURRENT ASSETS
Stocks 73,080 75,225
Debtors 1,130 1,635
Cash at bank and in hand 16,842 1,591
91,052 78,451
Creditors: Amounts Falling Due Within One Year (51,106 ) (62,949 )
NET CURRENT ASSETS (LIABILITIES) 39,946 15,502
TOTAL ASSETS LESS CURRENT LIABILITIES 39,946 15,502
Creditors: Amounts Falling Due After More Than One Year (36,515 ) (37,967 )
NET ASSETS/(LIABILITIES) 3,431 (22,465 )
CAPITAL AND RESERVES
Called up share capital 4 1 1
Profit and Loss Account 3,430 (22,466 )
SHAREHOLDERS' FUNDS 3,431 (22,465)
Page 1
Page 2
For the year ending 31 May 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The member has 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.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
Mr Jay Hemantkumar Gandhi
Director
10th February 2025
The notes on page 3 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
RKVMM LIMITED is a private company, limited by shares, incorporated in England & Wales, registered number 11353006 . The registered office is 1 Ashley Gardens, Wembley, Middlesex, HA9 8NP.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. Going Concern Disclosure
The directors have not identified any material uncertainties related to events or conditions that may cast significant doubt about the company's ability to continue as a going concern.
2.3. Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.
Sale of goods
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.
Rendering of services
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. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.
2.4. Stocks and Work in Progress
Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 2 (2023: 4)
2 4
4. Share Capital
2024 2023
Allotted, called up and fully paid £ £
1 Ordinary Shares of £ 1.00 each 1 1
5. Ultimate Controlling Party
The company's ultimate controlling party is Mr Jay Hemantkumar Gandhi by virtue of his ownership of 100% of the issued share capital in the company.
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