REGISTERED NUMBER: 02266224 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 28 FEBRUARY 2025

FOR

R.M.F. INSTALLATION AND SERVICES LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mr I A L Jones

Mr S P Middleton

Mrs T L Charlesworth

SECRETARY:

Mr S P Middleton

REGISTERED OFFICE:

3 & 4 Pegasus House, Pegasus Court

Olympus Avenue

Warwick

Warwickshire

CV34 6LW

REGISTERED NUMBER:

02266224 (England and Wales)

ACCOUNTANTS:

Pentlands Accountants and advisors Ltd

Chartered Certified Accountants

and Registered Auditors

3 & 4 Pegasus House

Pegasus Court

Olympus Avenue

Warwick

Warwickshire

CV34 6LW

FIXED ASSETS

Tangible assets

4

236,743

236,268

CURRENT ASSETS

Stocks

2,231,225

2,789,182

Debtors

5

1,176,851

1,421,362

Cash at bank and in hand

747,500

9,341

4,155,576

4,219,885

CREDITORS

Amounts falling due within one year

6

1,909,093

2,129,984

NET CURRENT ASSETS

2,246,483

2,089,901

TOTAL ASSETS LESS CURRENT LIABILITIES

2,483,226

2,326,169

CREDITORS

Amounts falling due after more than one year

7

(26,795

)

(95,867

)

PROVISIONS FOR LIABILITIES

(44,226

)

(60,609

)

NET ASSETS

2,412,205

2,169,693

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

2,412,105

2,169,593

SHAREHOLDERS' FUNDS

2,412,205

2,169,693

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28 February 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 28 February 2025 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 29 October 2025 and were signed on its behalf by:

Mr I A L Jones - Director

Mr S P Middleton - Director

1.	STATUTORY INFORMATION

R.M.F. Installation And Services 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 represents net invoiced sales of goods, excluding value added tax, except in respect of service contracts where turnover is recognised when the company obtains the right to consideration.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Short leasehold

-

10% on cost

Plant and machinery

-

25% on cost

Fixtures and fittings

-

25% on cost

Motor vehicles

-

25% on reducing balance

Computer equipment

-

25% on cost

Stocks

Stocks and work in progress are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

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.

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.

Working in progress

Amounts recoverable on contracts are valued on a prudent basis at anticipated net sale value after provision for contingencies and anticipated future losses, less amounts invoiced. Progress payments in excess of the value of work done are included in current liabilities.

Amounts included in work in progress represent direct costs incurred, net of amounts transferred to the profit and loss account in respect of work carried out to date, less foreseeable losses and applicable payments on account.

This approach enables profit on contracting activities to be recognised as work progresses.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 27 (2024 - 28 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

Short

Plant and

and

leasehold

machinery

fittings

£

£

£

COST

At 1 March 2024

59,094

185,585

102,602

Additions

16,471

36,439

120

Disposals

-

(14,750

)

-

At 28 February 2025

75,565

207,274

102,722

DEPRECIATION

At 1 March 2024

10,057

148,581

92,430

Charge for year

5,667

15,794

2,568

Eliminated on disposal

-

(11,504

)

-

At 28 February 2025

15,724

152,871

94,998

NET BOOK VALUE

At 28 February 2025

59,841

54,403

7,724

At 29 February 2024

49,037

37,004

10,172

Motor

Computer

vehicles

equipment

Totals

£

£

£

COST

At 1 March 2024

210,509

32,978

590,768

Additions

-

11,149

64,179

Disposals

(4,000

)

-

(18,750

)

At 28 February 2025

206,509

44,127

636,197

DEPRECIATION

At 1 March 2024

85,731

17,701

354,500

Charge for year

31,195

4,607

59,831

Eliminated on disposal

(3,373

)

-

(14,877

)

At 28 February 2025

113,553

22,308

399,454

NET BOOK VALUE

At 28 February 2025

92,956

21,819

236,743

At 29 February 2024

124,778

15,277

236,268

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

816,556

1,105,353

Other debtors

360,295

316,009

1,176,851

1,421,362

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Bank loans and overdrafts

50,000

103,127

Hire purchase contracts

13,353

27,759

Trade creditors

505,956

1,045,535

Taxation and social security

234,481

188,995

Other creditors

1,105,303

764,568

1,909,093

2,129,984

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Bank loans

12,500

62,500

Hire purchase contracts

14,295

33,367

26,795

95,867

8.	ULTIMATE CONTROLLING PARTY

The ultimate controlling party is the directors.