RMI (Midlands) Limited - Limited company - abbreviated - 11.6

REGISTERED NUMBER: 08770873 (England and Wales)

ABBREVIATED UNAUDITED ACCOUNTS

FOR THE PERIOD 12TH NOVEMBER 2013 TO 31ST JULY 2014

FOR

RMI (MIDLANDS) LIMITED

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTOR:

Mr S C Baylis

REGISTERED OFFICE:

2b Station Road

Lutterworth

Leicestershire

LE17 4AP

REGISTERED NUMBER:

08770873 (England and Wales)

ACCOUNTANTS:

R Pau & Co Limited

Chartered Certified Accountants

12-16 Station Street East

Coventry

West Midlands

CV6 5FJ

BANKERS:

Barclays Bank

Narborough Road

Leicester

Leicestershire

LE87 2BB

CURRENT ASSETS

Stocks

7,908

Debtors

98,607

Cash at bank

3,746

110,261

CREDITORS

Amounts falling due within one year

102,974

NET CURRENT ASSETS

7,287

TOTAL ASSETS LESS CURRENT LIABILITIES

7,287

CAPITAL AND RESERVES

Called up share capital

2

100

Profit and loss account

7,187

SHAREHOLDERS' FUNDS

7,287

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 31st July 2014.

The members have not required the company to obtain an audit of its financial statements for the period ended 31st July 2014 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 abbreviated accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.

The financial statements were approved by the director on 9th February 2015 and were signed by:

Mr S C Baylis - Director

1.	ACCOUNTING POLICIES

Accounting convention

The financial statements have been prepared under the historical cost convention and in accordance with the

Financial Reporting Standard for Smaller Entities (effective April 2008).

Turnover

Turnover represents net invoiced sales of goods, excluding value added tax.

Stocks

Work in progress is valued at the lower of cost and net realisable value.

Cost includes all direct expenditure and an appropriate proportion of fixed and variable overheads.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance

sheet date.

2.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

value:

£

100

Ordinary

£1

100

100 Ordinary shares of £1 were issued during the period for cash of £ 100 .