Company Registration No. 15130708 (England and Wales)
Rpm Equipment Limited
Unaudited accounts
for the period from 11 September 2023 to 30 September 2024
Rpm Equipment Limited
Unaudited accounts
Contents
Rpm Equipment Limited
Company Information
for the period from 11 September 2023 to 30 September 2024
Director
Thomas David Robinson
Company Number
15130708 (England and Wales)
Registered Office
Unit 1b 2 Hallidays Farm Moss Lane
Bilsborrow
Preston
PR3 0RU
England
Accountants
Walling Accountants
Unit 1B Hallidays Farm
Bilsborrow
Preston
PR3 0RU
Rpm Equipment Limited
Statement of financial position
as at 30 September 2024
Cash at bank and in hand
1,700
Creditors: amounts falling due within one year
(23,164)
Net current liabilities
(16,232)
Profit and loss account
(6,647)
Shareholders' funds
(6,646)
For the period ending 30 September 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 director acknowledges his 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 and authorised for issue on 9 June 2025 and were signed on its behalf by
Thomas David Robinson
Director
Company Registration No. 15130708
Rpm Equipment Limited
Notes to the Accounts
for the period from 11 September 2023 to 30 September 2024
Rpm Equipment Limited is a private company, limited by shares, registered in England and Wales, registration number 15130708. The registered office is Unit 1b 2 Hallidays Farm Moss Lane, Bilsborrow, Preston, PR3 0RU, England.
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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 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.
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
25% reducing balance
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell. In respect of work in progress and finished goods, cost includes a relevant proportion of overheads according to the stage of manufacturing/completion.
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws.
Deferred tax assets and liabilities are not discounted.
Basic financial instruments are recognised at amortised cost, except for investments in non-convertible preference and non-puttable ordinary shares which are measured at fair value, with changes recognised in profit or loss. Derivative financial instruments are initially recorded at cost and thereafter at fair value with changes recognised in profit or loss.
Rpm Equipment Limited
Notes to the Accounts
for the period from 11 September 2023 to 30 September 2024
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Tangible fixed assets
Plant & machinery
At 30 September 2024
12,411
Charge for the period
2,825
At 30 September 2024
2,825
At 30 September 2024
9,586
Amounts falling due within one year
6
Creditors: amounts falling due within one year
2024
Loans from directors
19,987
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Average number of employees
During the period the average number of employees was 1.