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REGISTERED NUMBER: 04859982 (England and Wales)












Report of the Directors and

Financial Statements

for the Year Ended 31 August 2024

for

R & M Electrical Limited

R & M Electrical Limited (Registered number: 04859982)






Contents of the Financial Statements
for the year ended 31 August 2024




Page

Company Information 1

Report of the Directors 2

Income Statement 3

Balance Sheet 4

Notes to the Financial Statements 6


R & M Electrical Limited

Company Information
for the year ended 31 August 2024







DIRECTORS: M Smith
R Archer





SECRETARY: R Archer





REGISTERED OFFICE: 2 Coombe House
Hartland Road
Addlestone
Surrey
KT15 1JU





REGISTERED NUMBER: 04859982 (England and Wales)





ACCOUNTANTS: Sue Huntley
8 Brockham Grange
Sherfield on Loddon
Hook
Hampshire
RG27 0FT

R & M Electrical Limited (Registered number: 04859982)

Report of the Directors
for the year ended 31 August 2024

The directors present their report with the financial statements of the company for the year ended 31 August 2024.

PRINCIPAL ACTIVITY
The principal activity of the company in the year under review was that of Electrical Engineers

DIRECTORS
The directors shown below have held office during the whole of the period from 1 September 2023 to the date of this report.

M Smith
R Archer

This report has been prepared in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

ON BEHALF OF THE BOARD:





M Smith - Director


15 April 2025

R & M Electrical Limited (Registered number: 04859982)

Income Statement
for the year ended 31 August 2024

2024 2023
Notes £    £    £    £   

TURNOVER 168,995 153,229

Cost of sales 84,497 83,213
GROSS PROFIT 84,498 70,016

Distribution costs 91 651
Administrative expenses 28,491 39,499
28,582 40,150
OPERATING PROFIT 4 55,916 29,866

Profit/loss on sale of tang fa 5 - 5,555
55,916 35,421


Interest payable and similar expenses 1,410 1,301
PROFIT BEFORE TAXATION 54,506 34,120

Tax on profit 5,433 7,623
PROFIT FOR THE FINANCIAL YEAR 49,073 26,497

R & M Electrical Limited (Registered number: 04859982)

Balance Sheet
31 August 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 6 - -
Tangible assets 7 40,336 50,715
40,336 50,715

CURRENT ASSETS
Debtors 8 30,658 23,120
Cash at bank 7,871 16,164
38,529 39,284
CREDITORS
Amounts falling due within one year 9 12,844 17,383
NET CURRENT ASSETS 25,685 21,901
TOTAL ASSETS LESS CURRENT
LIABILITIES

66,021

72,616

CREDITORS
Amounts falling due after more than one
year

10

19,903

27,771
NET ASSETS 46,118 44,845

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 46,018 44,745
SHAREHOLDERS' FUNDS 46,118 44,845

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 August 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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.

R & M Electrical Limited (Registered number: 04859982)

Balance Sheet - continued
31 August 2024


The financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The financial statements were approved by the Board of Directors and authorised for issue on 15 April 2025 and were signed on its behalf by:





R Archer - Director


R & M Electrical Limited (Registered number: 04859982)

Notes to the Financial Statements
for the year ended 31 August 2024

1. STATUTORY INFORMATION

R & M Electrical 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.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 0, is being amortised evenly over its estimated useful life of nil years.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

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 etc - 25% on reducing balance

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.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

R & M Electrical Limited (Registered number: 04859982)

Notes to the Financial Statements - continued
for the year ended 31 August 2024

2. ACCOUNTING POLICIES - continued

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 2 (2023 - 2 ) .

4. OPERATING PROFIT

The operating profit is stated after charging:

2024 2023
£    £   
Depreciation - owned assets 13,445 16,906

5. EXCEPTIONAL ITEMS
2024 2023
£    £   
Profit/loss on sale of tang fa - 5,555

6. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 September 2023
and 31 August 2024 38,557
AMORTISATION
At 1 September 2023
and 31 August 2024 38,557
NET BOOK VALUE
At 31 August 2024 -
At 31 August 2023 -

R & M Electrical Limited (Registered number: 04859982)

Notes to the Financial Statements - continued
for the year ended 31 August 2024

7. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 September 2023 78,926
Additions 3,066
At 31 August 2024 81,992
DEPRECIATION
At 1 September 2023 28,211
Charge for year 13,445
At 31 August 2024 41,656
NET BOOK VALUE
At 31 August 2024 40,336
At 31 August 2023 50,715

8. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 30,658 23,870
Other debtors - (750 )
30,658 23,120

9. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts 1,091 1,694
Trade creditors - 1,289
Taxation and social security 11,753 14,400
12,844 17,383

10. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2024 2023
£    £   
Hire purchase contracts 19,903 27,771