REGISTERED NUMBER: 08084552 (England and Wales)

Unaudited Financial Statements

for the Year Ended 30 September 2024

for

RMH Investments Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

R M Harriman

SECRETARY:

P Davidson

REGISTERED OFFICE:

Mandale House Mandale Park

Urlay Nook Road

Eaglescliffe

Stockton on Tees

TS16 0TA

REGISTERED NUMBER:

08084552 (England and Wales)

ACCOUNTANTS:

Anderson Barrowcliff Limited

Chartered Accountants

3 Kingfisher Court

Bowesfield Park

Stockton on Tees

TS18 3EX

FIXED ASSETS

Tangible assets

4

1,955,000

1,523,510

CURRENT ASSETS

Debtors

5

143,573

1,082,863

Cash at bank

85,053

29,140

228,626

1,112,003

CREDITORS

Amounts falling due within one year

6

1,366,134

2,029,791

NET CURRENT LIABILITIES

(1,137,508

)

(917,788

)

TOTAL ASSETS LESS CURRENT LIABILITIES

817,492

605,722

PROVISIONS FOR LIABILITIES

55,000

-

NET ASSETS

762,492

605,722

CAPITAL AND RESERVES

Called up share capital

7

1

1

Revaluation reserve

8

164,395

-

Retained earnings

598,096

605,721

SHAREHOLDERS' FUNDS

762,492

605,722

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 2024 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 29 September 2025 and were signed by:

R M Harriman - Director

1.	STATUTORY INFORMATION

RMH Investments 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.

The presentation currency of the financial statements is the Pound Sterling (£).

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 as modified by the revaluation of certain assets.

Notwithstanding the company's net current liabilities of £1,137,508 at 30 September 2024 (2023 : £917,788) the financial statements have been prepared on a going concern basis. This basis assumes the continuing support of the director and associated undertakings. The director has confirmed his support and has received confirmation of the support of the associated undertakings.

Turnover

Turnover represents rents and service charges receivable, excluding value added tax.

Investment property

Investment properties are measured at fair value at each reporting date with changes in fair value recognised in profit or loss.

Following a review by the Director at the year end no revision was considered necessary to the cost of the investment property to reflect its fair value at 30 September 2024. The Director assessed the property using his overall knowledge of the property and property condition combined with the appropriate industry rental yield multiples.

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.

Debtors and creditors receivable/payable within one year

Debtors and creditors with no stated interest rate and receivable or payable within one year are recorded at transaction price. Any losses arising from impairment are recognised in the profit and loss.

Impairment

Assets not measured at fair value are reviewed for any indication that the asset may be impaired at each balance sheet date. If such indication exists, the recoverable amount of the asset is estimated and compared to the carrying amount. Where the carrying amount exceeds its recoverable amount, an impairment loss is recognised in profit or loss.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2023 - NIL).

4.	TANGIBLE FIXED ASSETS

Freehold

investment

property

£

COST OR VALUATION

At 1 October 2023

1,523,510

Additions

212,095

Revaluations

219,395

At 30 September 2024

1,955,000

NET BOOK VALUE

At 30 September 2024

1,955,000

At 30 September 2023

1,523,510

Following a review by the Director at the year end no revision was considered necessary to the cost of the investment property to reflect its fair value at 30 September 2024.

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Trade debtors

-

143

Amounts owed by associated undertakings

142,034

1,037,950

Directors' current accounts

1,539

1,539

VAT

-

43,231

143,573

1,082,863

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Trade creditors

2,290

-

Taxation

-

4,875

VAT

64,454

-

Other creditors

9,250

-

Amounts owing to associated undertakings

1,287,653

2,023,505

Accruals and deferred income

2,487

1,411

1,366,134

2,029,791

7.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2024

2023

value:

£

£

1

Ordinary

£1

1

1

8.

RESERVES

Revaluation

reserve

£

No description

219,395

No description

(55,000

)

At 30 September 2024

164,395

9.	RELATED PARTY DISCLOSURES

During the year the company traded with the following related parties, and/or provided or received funds to assist or to be assisted with working capital requirements as necessary.

Other related parties - companies in which director/owner has participating interest

2024

2023

£

£

Sale of land

-

900,000

Development work

(200,000

)

(1,365,000

)

Salaries/wages recharged

(16,704

)

(8,278

)

Management charges

(1,850

)

-

Net provision of finance

58,490

639,950

Balance at year end - debtor

142,034

1,037,950

Balance at year end - creditor

(905,054

)

(1,640,906

)

The sale of land in the prior year resulted in a loss on disposal of £150,000.

Other related parties - companies under the control of a close family member of the director/owner

2024

2023

£

£

Net receipt of finance

-

(395,000

)

Balance at year end - creditor

(382,599

)

(382,599

)