11117349 false Export and sale of commercial vehicles 2024-01-01 2024-12-31 http://www.companieshouse.gov.uk/2023-12-31 http://www.companieshouse.gov.uk/pt:ShareCapital 2023-12-31 http://www.companieshouse.gov.uk/cd:Director1 2024-01-01 2024-12-31 http://www.companieshouse.gov.uk/pt:ShareCapital 2024-12-31 http://www.companieshouse.gov.uk/cd:OrdinaryShareClass1 2024-01-01 2024-12-31 http://www.companieshouse.gov.uk/pt:MotorCars 2023-12-31 http://www.companieshouse.gov.uk/cd:RegisteredOffice 2024-01-01 2024-12-31 http://www.companieshouse.gov.uk/pt:MotorCars 2024-12-31 http://www.companieshouse.gov.uk/cd:AuditExemptWithAccountantsReport 2024-01-01 2024-12-31 http://www.companieshouse.gov.uk/pt:CurrentFinancialInstruments 2024-12-31 http://www.companieshouse.gov.uk/pt:CurrentFinancialInstruments 2023-12-31 http://www.companieshouse.gov.uk/2024-01-01 2024-12-31 http://www.companieshouse.gov.uk/2023-12-31 http://www.companieshouse.gov.uk/cd:FRS102 2024-01-01 2024-12-31 http://www.companieshouse.gov.uk/2024-12-31 http://www.companieshouse.gov.uk/cd:FullAccounts 2024-01-01 2024-12-31 http://www.companieshouse.gov.uk/cd:PrivateLimitedCompanyLtd 2024-01-01 2024-12-31 iso4217:GBP xbrli:shares xbrli:pure

Registered number: 11117349
RM TRUCKS LTD
ACCOUNTS
FOR THE YEAR ENDED 31/12/2024
Prepared By:
Sian Co Accountants Ltd
64 Huddersfield Road
Mirfield
West Yorkshire
WF14 9NE

RM TRUCKS LTD

ACCOUNTS
FOR THE YEAR ENDED 31/12/2024
DIRECTORS
Mr S A Mohamed
REGISTERED OFFICE
4 Calverley Avenue
Bradford
West Yorkshire
BD3 7HT
COMPANY DETAILS
Private company limited by shares registered in EW - England and Wales, registered number 11117349
BANKERS
Barclays Bank UK Plc
ACCOUNTANTS
Sian Co Accountants Ltd
64 Huddersfield Road
Mirfield
West Yorkshire
WF14 9NE

RM TRUCKS LTD

ACCOUNTS
FOR THE YEAR ENDED 31/12/2024
CONTENTS |  |
|  | Page
Directors' Report |  | -
Statement Of Comprehensive Income |  | -
Balance Sheet |  | 3
Notes To The Accounts |  | 4
The following do not form part of the statutory financial statements: |  |
Trading And Profit And Loss Account |  | -
Profit And Loss Account Summaries |  | -

RM TRUCKS LTD

BALANCE SHEET AT 31/12/2024
|  |  |  |  |  | 2024 |  |  |  | 2023
|  | Notes |  |  |  | £ |  |  |  | £
FIXED ASSETS |  |  |  |  |  |  |  |  |  |
Tangible assets |  | 3 |  |  |  | 75,968 |  |  |  | 92,644
CURRENT ASSETS |  |  |  |  |  |  |  |  |  |
Stock |  |  |  | 1,967,966 |  |  |  | 995,876 |  |
Debtors |  | 5 |  | 272,275 |  |  |  | 194,263 |  |
Cash at bank and in hand |  |  |  | 248,056 |  |  |  | 662,607 |  |
|  |  |  | 2,488,297 |  |  |  | 1,852,746 |  |
CREDITORS: Amounts falling due within one year |  | 6 |  | 2,117,715 |  |  |  | 1,442,600 |  |
NET CURRENT ASSETS |  |  |  |  |  | 370,582 |  |  |  | 410,146
TOTAL ASSETS LESS CURRENT LIABILITIES |  |  |  |  |  | 446,550 |  |  |  | 502,790
CREDITORS: Amounts falling due after more than one year |  | 7 |  |  |  | 43,998 |  |  |  | 15,219
NET ASSETS |  |  |  |  |  | 402,552 |  |  |  | 487,571
CAPITAL AND RESERVES |  |  |  |  |  |  |  |  |  |
Called up share capital |  | 8 |  |  |  | 100 |  |  |  | 100
Profit and loss account |  |  |  |  |  | 402,452 |  |  |  | 487,471
SHAREHOLDERS' FUNDS |  |  |  |  |  | 402,552 |  |  |  | 487,571
For the year ending 31/12/2024 the company was entitled to exemption 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 directors have decided not to deliver to the registrar a copy of the company's profit and loss account.
Approved by the board on 13/04/2026 and signed on their behalf by |  |  |  |  |  |  |  |  |  |
............................. |  |  |  |  |  |  |  |  |  |
Mr S A Mohamed |  |  |  |  |  |  |  |  |  |
Director |  |  |  |  |  |  |  |  |  |

RM TRUCKS LTD

NOTES TO THE ACCOUNTS
FOR THE YEAR ENDED 31/12/2024

1. ACCOUNTING POLICIES

1a. Basis Of Accounting
The accounts have been prepared under the historical cost convention.
The accounts have been prepared in accordance with FRS102 section 1A - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006 .

1b. Depreciation |  |
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.
Motor Cars |  | reducing balance 18%

1c. Stocks
Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell (net realisable value). Costs, which comprise direct production costs, are based on the method most appropriate to the type of inventory class, but usually on a first-in-first-out basis. Overheads are charged to profit or loss as incurred. Net realisable value is based on the estimated selling price less any estimated completion or selling costs.
When stocks are sold, the carrying amount of those stocks is recognised as an expense in the period in which the related revenue is recognised. The amount of any write-down of stocks to net realisable value and all losses of stocks are recognised as an expense in the period in which the write-down or loss occurs. The amount of any reversal of any write-down of stocks is recognised as a reduction in the amount of stocks recognised as an expense in the period in which the reversal occurs.

1d. Pension Costs
The company operates a defined contribution pension scheme. The pension charge represents the amounts payable by the company to the fund in respect of the year.

2. EMPLOYEES |  |  |  |  |  |
|  |  |  | 2024 |  | 2023
|  |  |  | No. |  | No.
Average number of employees |  |  |  | 3 |  | 3

RM TRUCKS LTD

3. TANGIBLE FIXED ASSETS |  |  |  |
|  | Motor Cars |  | Total
|  | £ |  | £
Cost |  |  |  |
At 01/01/2024 |  | 112,980 |  | 112,980
At 31/12/2024 |  | 112,980 |  | 112,980
Depreciation |  |  |  |
At 01/01/2024 |  | 20,336 |  | 20,336
For the year |  | 16,676 |  | 16,676
At 31/12/2024 |  | 37,012 |  | 37,012
Net Book Amounts |  |  |  |
At 31/12/2024 |  | 75,968 |  | 75,968
At 31/12/2023 |  | 92,644 |  | 92,644

4. STOCK |  |  |  | 2024 |  | 2023
|  |  |  | £ |  | £
Stock comprises: |  |  |  |  |  |
Stock |  |  |  | 1,967,966 |  | 995,876
|  |  |  | 1,967,966 |  | 995,876

5. DEBTORS |  |  |  | 2024 |  | 2023
|  |  |  | £ |  | £
Amounts falling due within one year |  |  |  |  |  |
Trade debtors |  |  |  | 238,814 |  | 171,568
VAT |  |  |  | 33,461 |  | 22,695
|  |  |  | 272,275 |  | 194,263

RM TRUCKS LTD

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |  |  |  |  |  |
|  |  |  | 2024 |  | 2023
|  |  |  | £ |  | £
UK corporation tax |  |  |  | 87,258 |  | 148,607
PAYE control |  |  |  | 1,752 |  | 2,673
Salaries and wages control |  |  |  | - |  | 98
Directors current account |  |  |  | 215,819 |  | 280,535
Bank Loan |  |  |  | 36,170 |  | -
Trade creditors |  |  |  | 1,773,761 |  | 1,007,732
Pension schemes |  |  |  | 155 |  | 155
Accruals |  |  |  | 2,800 |  | 2,800
|  |  |  | 2,117,715 |  | 1,442,600

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR |  |  |  |  |  |
|  |  |  | 2024 |  | 2023
|  |  |  | £ |  | £
Bank loans (unsecured) >1yr |  |  |  | 43,998 |  | 15,219
|  |  |  | 43,998 |  | 15,219

8. SHARE CAPITAL |  |  |  | 2024 |  | 2023
|  |  |  | £ |  | £
Allotted, issued and fully paid: |  |  |  |  |  |
100 Ordinary shares of £1 each |  |  |  | 100 |  | 100
|  |  |  | 100 |  | 100