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REGISTERED NUMBER: 11117524 (England and Wales)















RESIDENTIAL FACILITIES MANAGEMENT
LIMITED

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2024






RESIDENTIAL FACILITIES MANAGEMENT
LIMITED (REGISTERED NUMBER: 11117524)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024










Page

Company information 1

Balance sheet 2

Notes to the financial statements 3


RESIDENTIAL FACILITIES MANAGEMENT
LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 DECEMBER 2024







Directors: S O'Shea
W G Rodrigues





Secretary: W G Rodrigues





Registered office: 83 Boundary Road
London
NW8 0RG





Registered number: 11117524 (England and Wales)





Accountants: Roberts & Co
Chartered Accountants
2 Tower House
Hoddesdon
Hertfordshire
EN11 8UR

RESIDENTIAL FACILITIES MANAGEMENT
LIMITED (REGISTERED NUMBER: 11117524)

BALANCE SHEET
31 DECEMBER 2024

2024 2023
Notes £ £ £
Fixed assets
Intangible assets 4 22,201 29,601
Tangible assets 5 2,499 1,634
24,700 31,235

Current assets
Debtors 6 31,080 13,058
Cash at bank 35,366 48,963
66,446 62,021
Creditors
Amounts falling due within one year 7 64,591 52,861
Net current assets 1,855 9,160
Total assets less current liabilities 26,555 40,395

Creditors
Amounts falling due after more than one
year

8

4,248

12,631
Net assets 22,307 27,764

Capital and reserves
Called up share capital 100 100
Retained earnings 22,207 27,664
Shareholders' funds 22,307 27,764

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 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.

The 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, the Income statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 9 June 2025 and were signed on its behalf by:



W G Rodrigues - Director


RESIDENTIAL FACILITIES MANAGEMENT
LIMITED (REGISTERED NUMBER: 11117524)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024


1. Statutory information

Residential Facilities Management 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 2018, is being amortised evenly over its estimated useful life of ten 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.

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.

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 3 (2023 - 3 ) .

RESIDENTIAL FACILITIES MANAGEMENT
LIMITED (REGISTERED NUMBER: 11117524)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 DECEMBER 2024


4. Intangible fixed assets
Goodwill
£
Cost
At 1 January 2024
and 31 December 2024 74,001
Amortisation
At 1 January 2024 44,400
Charge for year 7,400
At 31 December 2024 51,800
Net book value
At 31 December 2024 22,201
At 31 December 2023 29,601

5. Tangible fixed assets
Plant and
machinery
etc
£
Cost
At 1 January 2024 3,795
Additions 1,490
At 31 December 2024 5,285
Depreciation
At 1 January 2024 2,161
Charge for year 625
At 31 December 2024 2,786
Net book value
At 31 December 2024 2,499
At 31 December 2023 1,634

6. Debtors: amounts falling due within one year
2024 2023
£ £
Trade debtors 11,658 6,908
Other debtors 19,422 6,150
31,080 13,058

7. Creditors: amounts falling due within one year
2024 2023
£ £
Bank loans and overdrafts 8,383 8,235
Trade creditors 13,454 4,201
Taxation and social security 22,262 23,222
Other creditors 20,492 17,203
64,591 52,861

RESIDENTIAL FACILITIES MANAGEMENT
LIMITED (REGISTERED NUMBER: 11117524)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 DECEMBER 2024


8. Creditors: amounts falling due after more than one year
2024 2023
£ £
Bank loans 4,248 12,631