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RM Legal Services Limited
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Notes to the financial statements
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for the period ended 30 September 2026
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1
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Company information
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RM Legal Services Limited is a private company registered in England and Wales. Its registered number is 08007254. The company is limited by shares. Its registered office is 27 Ravenswood Road, Redland, Bristol, BS6 6BW.
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2
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Accounting policies
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Basis of preparing the financial statements
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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 historic cost convention.
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Adoption of the 2024 periodic review
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RM Legal Services Limited has, as required, adopted the amendments arising from the 2024 periodic review applicable to the standard above.
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These amendments mandate changes to various accounting policies and expand the required disclosures. The amendments are applied retrospectively, in accordance with paragraph 10.12 of the standard, with such exceptions and transitional arrangements as specified in paragraphs 1.40 to 1.68.
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Going concern
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The company ceased trading on 30th September 2026 and the directors intend to apply for voluntary strike-off. Accordingly, the financial statements have been prepared on a break-up basis.
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Turnover
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Turnover is recognised from sales when a performance obligation under a valid contract with a customer has been satisfied at the transaction price allocated to that obligation. Transaction prices so recognised exclude Value Added Tax and any other sales taxes.
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Tangible fixed assets
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Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.
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Plant and machinery etc.:
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Fixtures & fittings
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-
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20% reducing balance
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Computer equipment
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-
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33% straight line
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Taxation
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Taxation for the period comprises current and deferred taxation. Tax is recognised in the Profit and loss account, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.
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Current or deferred taxation assets and liabilities are not discounted.
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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.
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3
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