Company Registration No. 07468421 (England and Wales)
Rumax Limited
Unaudited accounts
for the year ended 31 December 2024
Rumax Limited
Unaudited accounts
Contents
Rumax Limited
Company Information
for the year ended 31 December 2024
Directors
Maxwell Masuku
Ruwimbo Masuku
Company Number
07468421 (England and Wales)
Registered Office
Unit 2, Cornwallis House
Howard Chase
Basildon
Essex
SS14 3BB
Rumax Limited
Statement of financial position
as at 31 December 2024
Tangible assets
36,505
39,439
Cash at bank and in hand
116,039
78,628
Creditors: amounts falling due within one year
(64,910)
(71,177)
Net current assets
198,112
165,726
Total assets less current liabilities
234,617
205,165
Creditors: amounts falling due after more than one year
(71,934)
(118,256)
Called up share capital
2
2
Profit and loss account
162,681
86,907
Shareholders' funds
162,683
86,909
For the year ending 31 December 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 27 May 2025 and were signed on its behalf by
Maxwell Masuku
Director
Company Registration No. 07468421
Rumax Limited
Notes to the Accounts
for the year ended 31 December 2024
Rumax Limited is a private company, limited by shares, registered in England and Wales, registration number 07468421. The registered office is Unit 2, Cornwallis House, Howard Chase, Basildon, Essex, SS14 3BB.
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
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
15% per annum
Fixtures & fittings
15% per annum
Computer equipment
15% per annum
4
Tangible fixed assets
Plant & machinery
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 January 2024
30,055
2,660
38,359
71,074
Additions
949
-
12,487
13,436
At 31 December 2024
31,004
2,660
50,846
84,510
At 1 January 2024
6,219
2,660
22,756
31,635
Charge for the year
6,201
-
10,169
16,370
At 31 December 2024
12,420
2,660
32,925
48,005
At 31 December 2024
18,584
-
17,921
36,505
At 31 December 2023
23,836
-
15,603
39,439
Rumax Limited
Notes to the Accounts
for the year ended 31 December 2024
Amounts falling due within one year
Trade debtors
146,983
115,525
Amounts falling due after more than one year
6
Creditors: amounts falling due within one year
2024
2023
Taxes and social security
34,941
68,204
Loans from directors
-
2,973
7
Creditors: amounts falling due after more than one year
2024
2023
8
Average number of employees
During the year the average number of employees was 63 (2023: 54).