REGISTERED NUMBER: 07554424 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025

FOR

RM BUILDERS (ROMFORD) LTD

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

R Meekcoms

REGISTERED OFFICE:

467 Rainham Road South

Dagenham

Essex

RM10 7XJ

REGISTERED NUMBER:

07554424 (England and Wales)

ACCOUNTANTS:

Pickering Evennett Limited

467 Rainham Road South

Dagenham

Essex

RM10 7XJ

FIXED ASSETS

Tangible assets

4

4,379

5,840

CURRENT ASSETS

Debtors

5

48,137

45,568

Cash at bank and in hand

3,665

8,062

51,802

53,630

CREDITORS

Amounts falling due within one year

6

36,198

34,200

NET CURRENT ASSETS

15,604

19,430

TOTAL ASSETS LESS CURRENT LIABILITIES

19,983

25,270

PROVISIONS FOR LIABILITIES

872

1,110

NET ASSETS

19,111

24,160

CAPITAL AND RESERVES

Called up share capital

1,000

1,000

Retained earnings

18,111

23,160

SHAREHOLDERS' FUNDS

19,111

24,160

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 director and authorised for issue on 16 September 2025 and were signed by:

R Meekcoms - Director

1.	STATUTORY INFORMATION

RM Builders (Romford) Ltd 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.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.

Plant and machinery

-

25% on reducing balance

Motor vehicles

-

25% on reducing balance

Computer equipment

-

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

Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

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 (2024 - 2 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

Motor

Computer

machinery

vehicles

equipment

Totals

£

£

£

£

COST

At 1 April 2024

and 31 March 2025

3,804

17,968

2,161

23,933

DEPRECIATION

At 1 April 2024

3,105

13,704

1,284

18,093

Charge for year

175

1,066

220

1,461

At 31 March 2025

3,280

14,770

1,504

19,554

NET BOOK VALUE

At 31 March 2025

524

3,198

657

4,379

At 31 March 2024

699

4,264

877

5,840

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Motor

vehicles

£

COST

At 1 April 2024

17,968

Transfer to ownership

(17,968

)

At 31 March 2025

-

DEPRECIATION

At 1 April 2024

13,704

Transfer to ownership

(13,704

)

At 31 March 2025

-

NET BOOK VALUE

At 31 March 2025

-

At 31 March 2024

4,264

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Amounts recoverable on contract

18,928

15,469

Directors' current accounts

3,871

5,982

Tax

14,508

14,508

VAT

10,830

9,579

Prepayments

-

30

48,137

45,568

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Bank loans and overdrafts

305

-

Hire purchase contracts

-

3,466

Trade creditors

24,758

23,157

Tax

11,005

5,792

Social security and other taxes

-

1,600

Accrued expenses

130

185

36,198

34,200

7.	SECURED DEBTS

The following secured debts are included within creditors:

2025

2024

£

£

Hire purchase contracts

-

3,466

8.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 March 2025 and 31 March 2024:

2025

2024

£

£

R Meekcoms

Balance outstanding at start of year

5,982

(407

)

Amounts advanced

46,389

54,889

Amounts repaid

(48,500

)

(48,500

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

3,871

5,982

9.	ULTIMATE CONTROLLING PARTY

The controlling party is R Meekcoms.