Company registration number 11937355 (England and Wales)
R&M Management Ltd
UNAUDITED FINANCIAL STATEMENTS
for the year ended 31 July 2024
PAGES FOR FILING WITH REGISTRAR
R&M Management Ltd
Contents
Page
Statement of financial position
1 - 2
Notes to the financial statements
3 - 4
R&M Management Ltd
Statement Of Financial Position
as at 31 July 2024
- 1 -
2024
2023
Notes
£
£
£
£
Fixed assets
Tangible assets
3
202,188
202,188
Investment property
4
213,774
-
0
415,962
202,188
Current assets
Debtors
-
0
31,351
Cash at bank and in hand
484,830
630,013
484,830
661,364
Creditors: amounts falling due within one year
(64,073)
(166,614)
Net current assets
420,757
494,750
Net assets
836,719
696,938
Capital and reserves
Called up share capital
5
2
2
Profit and loss reserves
836,717
696,936
Total equity
836,719
696,938
R&M Management Ltd
Statement Of Financial Position (continued)
as at 31 July 2024
- 2 -

For the financial year ended 31 July 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 of its financial statements for the year in question in accordance with section 476.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

These 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, all of the members of the company have consented to the preparation of abridged financial statements pursuant to paragraph 1A of Schedule 1 to the Small Companies and Groups (Accounts and Directors’ Report) Regulations (SI 2008/409)(b).

The directors of the company have elected not to include a copy of the income statement within the financial statements.true

The financial statements were approved by the board of directors and authorised for issue on 17 March 2025 and are signed on its behalf by:
D Shevyn
Director
Company registration number 11937355 (England and Wales)
R&M Management Ltd
Notes to the financial statements
for the year ended 31 July 2024
- 3 -
1
Accounting policies
Accounting convention

These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The financial statements are prepared in sterling, which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £.

The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below.

Turnover

Turnover represents the fair value of the consideration received for services provided in the normal course of business, and is shown net of VAT. Turnover is recognised upon the provision of services.

Tangible fixed assets

Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses.

Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases:

Freehold land and buildings
No depreciation

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.

Investment property

Investment property, which is property held to earn rentals and/or for capital appreciation, is initially recognised at cost, which includes the purchase cost and any directly attributable expenditure. Subsequently it is measured at fair value at the reporting end date. Changes in fair value are recognised in profit or loss.

Taxation

The tax expense represents the sum of the tax currently payable and deferred tax.

Current tax

The tax currently payable is based on taxable profit for the year. Taxable profit differs from net profit as reported in the income statement because it excludes items of income or expense that are taxable or deductible in other years and it further excludes items that are never taxable or deductible. The company’s liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the reporting end date.

Retirement benefits

Payments to defined contribution retirement benefit schemes are charged as an expense as they fall due.

Leases

Rental income from operating leases is recognised on a straight line basis over the term of the relevant lease. Initial direct costs incurred in negotiating and arranging an operating lease are added to the carrying amount of the leased asset and recognised on a straight line basis over the lease term.

R&M Management Ltd
Notes to the financial statements (continued)
for the year ended 31 July 2024
- 4 -
2
Employees

The average monthly number of persons (including directors) employed by the company during the year was:

2024
2023
Number
Number
Total
2
2
3
Tangible fixed assets
Total
£
Cost
At 1 August 2023 and 31 July 2024
202,188
Depreciation and impairment
At 1 August 2023 and 31 July 2024
-
0
Carrying amount
At 31 July 2024
202,188
At 31 July 2023
202,188
4
Investment property
2024
£
Fair value
At 1 August 2023
-
0
Additions
213,774
At 31 July 2024
213,774

Investment property is included at cost. The director believes that cost is not materially different to their fair value.

5
Called up share capital
2024
2023
2024
2023
Ordinary share capital
Number
Number
£
£
Issued and fully paid
A Ordinary shares of £1 each
1
1
1
1
B Ordinary shares of £1 each
1
1
1
1
2
2
2
2
6
Company information

R&M Management Ltd is a private company limited by shares incorporated in England and Wales. The registered office is 22 Dallam Avenue, Shipley, West Yorkshire, BD18 4PA.

2024-07-312023-08-01falsefalsefalse17 March 2025CCH SoftwareCCH Accounts Production 2024.310No description of principal activityD ShevynV Abrahams119373552023-08-012024-07-31119373552024-07-31119373552023-07-3111937355core:CurrentFinancialInstrumentscore:WithinOneYear2024-07-3111937355core:CurrentFinancialInstrumentscore:WithinOneYear2023-07-3111937355core:ShareCapital2024-07-3111937355core:ShareCapital2023-07-3111937355core:RetainedEarningsAccumulatedLosses2024-07-3111937355core:RetainedEarningsAccumulatedLosses2023-07-3111937355core:ShareCapitalOrdinaryShares2024-07-3111937355core:ShareCapitalOrdinaryShares2023-07-3111937355bus:Director12023-08-012024-07-3111937355core:LandBuildingscore:OwnedOrFreeholdAssets2023-08-012024-07-31119373552022-08-012023-07-31119373552023-07-3111937355bus:PrivateLimitedCompanyLtd2023-08-012024-07-3111937355bus:SmallCompaniesRegimeForAccounts2023-08-012024-07-3111937355bus:FRS1022023-08-012024-07-3111937355bus:AuditExemptWithAccountantsReport2023-08-012024-07-3111937355bus:Director22023-08-012024-07-3111937355bus:FullAccounts2023-08-012024-07-31xbrli:purexbrli:sharesiso4217:GBP