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Company Registration No. 10424095 (England and Wales)
RMW Oil Advisors Limited Unaudited accounts for the year ended 31 October 2024
RMW Oil Advisors Limited Unaudited accounts Contents
Page
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RMW Oil Advisors Limited Company Information for the year ended 31 October 2024
Directors
Richard Milton-Worssell Anne Milton-Worssell
Company Number
10424095 (England and Wales)
Registered Office
62 62 HARRIOTTS LANE ASHTEAD SURREY KT21 2QB UNITED KINGDOM
Accountants
Solumar Limited 226 Staines Road Laleham Staines-Upon-Thames Middlesex TW18 2RT
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RMW Oil Advisors Limited Statement of financial position as at 31 October 2024
2024 
2023 
Notes
£ 
£ 
Current assets
Debtors
123 
45,423 
Cash at bank and in hand
57,760 
7,326 
57,883 
52,749 
Creditors: amounts falling due within one year
(13,242)
(9,052)
Net current assets
44,641 
43,697 
Net assets
44,641 
43,697 
Capital and reserves
Called up share capital
2 
2 
Profit and loss account
44,639 
43,695 
Shareholders' funds
44,641 
43,697 
For the year ending 31 October 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 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 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 of Directors and authorised for issue on 6 April 2025 and were signed on its behalf by
Richard Milton-Worssell Director Company Registration No. 10424095
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RMW Oil Advisors Limited Notes to the Accounts for the year ended 31 October 2024
1
Statutory information
RMW Oil Advisors Limited is a private company, limited by shares, registered in England and Wales, registration number 10424095. The registered office is 62 62, HARRIOTTS LANE, ASHTEAD, SURREY, KT21 2QB, UNITED KINGDOM.
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Turnover
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 sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. 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
over 3 years
4
Tangible fixed assets
Fixtures & fittings 
Computer equipment 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 November 2023
229 
1,619 
1,848 
At 31 October 2024
229 
1,619 
1,848 
Depreciation
At 1 November 2023
229 
1,619 
1,848 
At 31 October 2024
229 
1,619 
1,848 
Net book value
At 31 October 2024
- 
- 
- 
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RMW Oil Advisors Limited Notes to the Accounts for the year ended 31 October 2024
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Accrued income and prepayments
123 
45,423 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Taxes and social security
13,242 
8,544 
Loans from directors
- 
508 
13,242 
9,052 
7
Transactions with related parties
During the year the company paid dividends to the directors totalling £50,000 (2023: £5,000)
8
Average number of employees
During the year the average number of employees was 0 (2023: 0).
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