Registration number: 14275190

RVM Repairs Limited

Contents

Balance Sheet	1 to 2
Notes to the Unaudited Financial Statements	3 to 8

RVM Repairs Limited

(Registration number: 14275190)
Balance Sheet as at 31 August 2025

	Note	2025 £	2024 £
Fixed assets
Intangible assets	4	14,936	19,728
Tangible assets	5	13,731	17,642
		28,667	37,370
Current assets
Stocks		1,015	14,158
Debtors	6	62,297	65,586
Cash at bank and in hand		10,789	7,982
		74,101	87,726
Creditors: Amounts falling due within one year	7	(110,985)	(131,909)
Net current liabilities		(36,884)	(44,183)
Total assets less current liabilities		(8,217)	(6,813)
Provisions for liabilities		(1,016)	(1,409)
Net liabilities		(9,233)	(8,222)
Capital and reserves
Called up share capital		100	100
Retained earnings		(9,333)	(8,322)
Shareholders' deficit		(9,233)	(8,222)

For the financial year ending 31 August 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

•	The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and
•	The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the director has not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the director on 29 May 2026
 

RVM Repairs Limited

(Registration number: 14275190)
Balance Sheet as at 31 August 2025

......................................... Mr D Johnson Director

RVM Repairs Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 August 2025

1	General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
7-9 Macon Court
Crewe
Cheshire
CW1 6EA
UK

2	Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Going concern

The financial statements have been prepared on a going concern basis. The company meets its day to day working capital requirements through funds provided by the director and other related parties. The director considers that these facilities will continue to be made available to the company. On this basis, the director considers it appropriate to prepare the financial statements on the going concern basis. The financial statements do not include any adjustments which would result if the going concern basis were not appropriate.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

RVM Repairs Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 August 2025

Tax

The tax expense for the period comprises current tax.

The current tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

Deferred tax is recognised in respect of all timing differences between taxable profits and profits reported in the financial statements.

Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference.

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class	Depreciation method and rate
Fixtures, fittings and computer equipment	straight line over 3 years
Motor vehicles	25% reducing balance
Plant and machinery	20% reducing balance

Goodwill

Goodwill arising on the acquisition of an entity represents the excess of the cost of acquisition over the company’s interest in the net fair value of the identifiable assets, liabilities and contingent liabilities of the entity recognised at the date of acquisition. Goodwill is initially recognised as an asset at cost and is subsequently measured at cost less accumulated amortisation and accumulated impairment losses. Goodwill is held in the currency of the acquired entity and revalued to the closing rate at each reporting period date. Goodwill is amortised over its useful life, which shall not exceed ten years if a reliable estimate of the useful life cannot be made.

Amortisation

Amortisation is provided on intangible assets so as to write off the cost, less any estimated residual value, over their useful life as follows:

Asset class	Amortisation method and rate
Goodwill	straight line over 5 years

Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell.

RVM Repairs Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 August 2025

3	Staff numbers

The average number of persons employed by the company (including the director) during the year, was 4 (2024 - 4).

RVM Repairs Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 August 2025

4	Intangible assets

	Goodwill  £	Total £
Cost or valuation
At 1 September 2024	32,880	32,880
Additions	2,230	2,230
At 31 August 2025	35,110	35,110
Amortisation
At 1 September 2024	13,152	13,152
Amortisation charge	7,022	7,022
At 31 August 2025	20,174	20,174
Carrying amount
At 31 August 2025	14,936	14,936
At 31 August 2024	19,728	19,728

5	Tangible assets

	Fixtures, fittings and computer equipment  £	Motor vehicles  £	Plant and machinery £	Total £
Cost or valuation
At 1 September 2024	2,419	19,169	6,002	27,590
Additions	533	-	300	833
At 31 August 2025	2,952	19,169	6,302	28,423
Depreciation
At 1 September 2024	762	7,540	1,646	9,948
Charge for the year	928	2,907	909	4,744
At 31 August 2025	1,690	10,447	2,555	14,692
Carrying amount
At 31 August 2025	1,262	8,722	3,747	13,731
At 31 August 2024	1,657	11,629	4,356	17,642

RVM Repairs Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 August 2025

6

Debtors

	2025 £	2024 £
Trade debtors	43,276	64,011
Amounts owed by participating interests	11,949	-
Other debtors	7,072	1,575
	62,297	65,586

RVM Repairs Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 August 2025

7

Creditors

Creditors: amounts falling due within one year

	Note	2025 £	2024 £
Due within one year
Loans and borrowings		-	3,345
Trade creditors		29,572	33,673
Amounts owed to participating interests		-	6,552
Taxation and social security		40,030	53,551
Other creditors		41,383	34,788
		110,985	131,909

8	Related party transactions

Other transactions with the director

During the year, advances were made to the director in the sum of £6,000 and repayments were made in the sum of £5,094. At the year end, the director owed the company the amount of £1,313 (2024: £407) and this amount is included in other debtors. The loan was interest free and repayable on demand.