RMBOUTIQUE LTD

Company Registration Number:
10019182 (England and Wales)

Unaudited statutory accounts for the year ended 31 July 2024

Period of accounts

Start date: 1 August 2023

End date: 31 July 2024

RMBOUTIQUE LTD

Contents of the Financial Statements

for the Period Ended 31 July 2024

Balance sheet
Additional notes
Balance sheet notes

RMBOUTIQUE LTD

Balance sheet

As at 31 July 2024

Notes 2024 2023


£

£
Fixed assets
Tangible assets: 3 1,754 2,660
Total fixed assets: 1,754 2,660
Current assets
Stocks: 4 12,670 12,670
Debtors: 5 5,284 2,773
Cash at bank and in hand: 10,186 24,496
Total current assets: 28,140 39,939
Creditors: amounts falling due within one year: 6 ( 13,609 ) ( 21,662 )
Net current assets (liabilities): 14,531 18,277
Total assets less current liabilities: 16,285 20,937
Creditors: amounts falling due after more than one year: 7 ( 16,111 ) ( 19,445 )
Provision for liabilities: ( 333 ) ( 505 )
Total net assets (liabilities): (159) 987
Capital and reserves
Called up share capital: 1 1
Profit and loss account: (160 ) 986
Total Shareholders' funds: ( 159 ) 987

The notes form part of these financial statements

RMBOUTIQUE LTD

Balance sheet statements

For the year ending 31 July 2024 the company was entitled to exemption 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 directors acknowledge their 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 directors have chosen not to file a copy of the company's profit and loss account.

This report was approved by the board of directors on 18 April 2025
and signed on behalf of the board by:

Name: R Maher
Status: Director

The notes form part of these financial statements

RMBOUTIQUE LTD

Notes to the Financial Statements

for the Period Ended 31 July 2024

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

    Turnover policy

    Revenue recognition Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts. The company recognises revenue when: The amount of revenue can be reliably measured; it is probable that future economic benefits will flow to the entity; and specific criteria have been met for each of the company's activities.

    Tangible fixed assets depreciation policy

    Depreciation Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows: Asset class Fixtures and fittings Cash and cash equivalents Depreciation method and rate 20%Straight line

    Other accounting policies

    Trade debtors Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business. Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables. Stocks Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first-in, first-out (FIFO) method. The cost of finished goods and work in progress comprises direct materials and, where applicable, direct labour costs and those overheads that have been incurred in bringing the inventories to their present location and condition. At each reporting date, stocks are assessed for impairment. If stocks are impaired, the carrying amount is reduced to its selling price less costs to complete and sell; the impairment loss is recognised immediately in profit or loss Trade creditors Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities. Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method. Borrowings Interest-bearing borrowings are initially recorded at fair value, net of transaction costs. Interest-bearing borrowings are subsequently carried at amortised cost, with the difference between the proceeds, net of transaction costs, and the amount due on redemption being recognised as a charge to the profit and loss account over the period of the relevant borrowing. Interest expense is recognised on the basis of the effective interest method and is included in interest payable and similar charges. Borrowings are classified as current liabilities unless the company has an unconditional right to defer settlement of the liability for at least twelve months after the reporting date.

RMBOUTIQUE LTD

Notes to the Financial Statements

for the Period Ended 31 July 2024

  • 2. Employees

    2024 2023
    Average number of employees during the period 2 2

RMBOUTIQUE LTD

Notes to the Financial Statements

for the Period Ended 31 July 2024

3. Tangible assets

Land & buildings Plant & machinery Fixtures & fittings Office equipment Motor vehicles Total
Cost £ £ £ £ £ £
At 1 August 2023 14,488 14,488
Additions
Disposals
Revaluations
Transfers
At 31 July 2024 14,488 14,488
Depreciation
At 1 August 2023 11,828 11,828
Charge for year 906 906
On disposals
Other adjustments
At 31 July 2024 12,734 12,734
Net book value
At 31 July 2024 1,754 1,754
At 31 July 2023 2,660 2,660

RMBOUTIQUE LTD

Notes to the Financial Statements

for the Period Ended 31 July 2024

4. Stocks

2024 2023
£ £
Stocks 12,670 12,670
Total 12,670 12,670

RMBOUTIQUE LTD

Notes to the Financial Statements

for the Period Ended 31 July 2024

5. Debtors

2024 2023
£ £
Prepayments and accrued income 2,802 2,773
Other debtors 2,482 0
Total 5,284 2,773

RMBOUTIQUE LTD

Notes to the Financial Statements

for the Period Ended 31 July 2024

6. Creditors: amounts falling due within one year note

2024 2023
£ £
Bank loans and overdrafts 3,333 3,333
Taxation and social security 6,940 7,503
Accruals and deferred income 3,227 2,627
Other creditors 109 8,199
Total 13,609 21,662

RMBOUTIQUE LTD

Notes to the Financial Statements

for the Period Ended 31 July 2024

7. Creditors: amounts falling due after more than one year note

2024 2023
£ £
Bank loans and overdrafts 16,111 19,445
Total 16,111 19,445

RMBOUTIQUE LTD

Notes to the Financial Statements

for the Period Ended 31 July 2024

8. Loans to directors

Name of director receiving advance or credit: Rhydian Maher
Description of the transaction:
Loan
£
Balance at 31 July 2023
Advances or credits made: 18,506
Advances or credits repaid: 16,026
Balance at 31 July 2024 2,480