RMH Old Stocks Limited

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—5

Registered number: 08769946

		30 April 2025		31 December 2023
	Notes	£	£	£	£
FIXED ASSETS
Intangible Assets	4		-		220,465
Tangible Assets	5		-		38,686

			-		259,151
CURRENT ASSETS
Stocks	6	-		4,975
Debtors	7	-		1,220
Cash at bank and in hand		60,133		50,951

		60,133		57,146
Creditors: Amounts Falling Due Within One Year	8	(1,130,112 )		(1,193,008 )

NET CURRENT ASSETS (LIABILITIES)			(1,069,979 )		(1,135,862 )

TOTAL ASSETS LESS CURRENT LIABILITIES			(1,069,979 )		(876,711 )

Creditors: Amounts Falling Due After More Than One Year	9		-		(10,172 )

NET LIABILITIES			(1,069,979 )		(886,883 )

CAPITAL AND RESERVES
Called up share capital	10		50,000		50,000
Profit and Loss Account			(1,119,979 )		(936,883 )

SHAREHOLDERS' FUNDS			(1,069,979)		(886,883)

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RMH Old Stocks Limited

Balance Sheet (continued)

As At 30 April 2025

For the period ending 30 April 2025 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 directors acknowledge their 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.

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

On behalf of the board

Mr James Cockell

Director

5 December 2025

The notes on pages 3 to 5 form part of these financial statements.

1. General Information

RMH Old Stocks Limited is a private company, limited by shares, incorporated in England & Wales, registered number 08769946 . The registered office is Victoria House, Victoria Street, Taunton, Somerset, TA1 3FA.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

2.2. Turnover

Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.

Sale of goods

Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.

Rendering of services

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. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.

2.3. Intangible Fixed Assets and Amortisation - Goodwill

Goodwill is the difference between amounts paid on the acquisition of a business and the fair value of the separable net assets. It is amortised to the profit and loss account over its estimated economic life of 5 years.

2.4. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Leasehold	10% Straight Line
Plant & Machinery	25% Straight Line
Fixtures & Fittings	15% Straight Line
Computer Equipment	25% Straight Line

2.5. Stocks and Work in Progress

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 stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.

3. Average Number of Employees

Average number of employees, including directors, during the period was:

	30 April 2025	31 December 2023
Office and administration	1	1
Sales, marketing and distribution	27	27

	28	28

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RMH Old Stocks Limited

Notes to the Financial Statements (continued)

For the Period 1 January 2024 to 30 April 2025

4. Intangible Assets

	Goodwill
	£
Cost
As at 1 January 2024	440,921
Disposals	(440,921 )

As at 30 April 2025	-

Amortisation
As at 1 January 2024	220,456
Provided during the period	27,558
Disposals	(248,014 )

As at 30 April 2025	-

Net Book Value
As at 30 April 2025	-

As at 1 January 2024	220,465

5. Tangible Assets

	Land & Property
	Leasehold	Plant & Machinery	Fixtures & Fittings	Computer Equipment	Total
	£	£	£	£	£
Cost
As at 1 January 2024	26,108	107,928	51,344	2,927	188,307
Additions	-	2,196	-	-	2,196
Disposals	(26,108 )	(110,124 )	(51,344 )	(2,927 )	(190,503 )

As at 30 April 2025	-	-	-	-	-

Depreciation
As at 1 January 2024	7,832	102,499	37,518	1,772	149,621
Provided during the period	3,264	3,725	5,214	686	12,889
Disposals	(11,096 )	(106,224 )	(42,732 )	(2,458 )	(162,510 )

As at 30 April 2025	-	-	-	-	-

Net Book Value
As at 30 April 2025	-	-	-	-	-

As at 1 January 2024	18,276	5,429	13,826	1,155	38,686

6. Stocks

	30 April 2025	31 December 2023
	£	£
Stock	-	4,975

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RMH Old Stocks Limited

Notes to the Financial Statements (continued)

For the Period 1 January 2024 to 30 April 2025

7. Debtors

	30 April 2025	31 December 2023
	£	£
Due within one year
Trade debtors	-	937
Prepayments and accrued income	-	283

	-	1,220

8. Creditors: Amounts Falling Due Within One Year

	30 April 2025	31 December 2023
	£	£
Trade creditors	5,253	83,758
Bank loans and overdrafts	-	18,750
Other taxes and social security	55,752	17,975
VAT	76,004	54,211
Other creditors	6,546	23,533
Accruals and deferred income	4,000	5,080
Directors' loan accounts	22,286	22,187
Amounts owed to parent undertaking	960,271	967,514

	1,130,112	1,193,008

9. Creditors: Amounts Falling Due After More Than One Year

	30 April 2025	31 December 2023
	£	£
Bank loans	-	10,172

10. Share Capital

	30 April 2025	31 December 2023
	£	£
Allotted, Called up and fully paid	50,000	50,000

11. Ultimate Controlling Party

The company's ultimate controlling party is Rattray Milne Limited by virtue of his ownership of 100% of the issued share capital in the company.

12. Going Conern Disclosure

The financial statements have been prepared on a going concern basis, the validity of which is dependent upon the continued support of one of the directors and that of the holding company. The holding company has supplied finance for development projects interest free, with no set date of repayment. If the company was unable to continue, trading adjustments would have to be made to reduce the balance sheet values of the assets to recoverable amounts and provide for any further liabilities which may arise.

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