RMP197 Limited Filleted accounts for Companies House (small and micro)

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COMPANY REGISTRATION NUMBER: 07255987

RMP197 LIMITED

FILLETED UNAUDITED FINANCIAL STATEMENTS

31 May 2022

RMP197 LIMITED

FINANCIAL STATEMENTS

YEAR ENDED 31 MAY 2022

Contents	Pages

Balance sheet 1

Notes to the financial statements 2 to 3

RMP197 LIMITED

BALANCE SHEET

31 May 2022

	2022	2021
Note	£	£

Current assets

Debtors	5	–	1,069
Cash at bank and in hand		64,156	85,184
		------------	------------
		64,156	86,253

Creditors: amounts falling due within one year	6	( 13,045)	( 35,470)
		------------	------------
Net current assets		51,111	50,783
		------------	------------
Total assets less current liabilities		51,111	50,783
		------------	------------

Capital and reserves

Called up share capital	7	100	100
Profit and loss account		51,011	50,683
		------------	------------
Shareholders funds		51,111	50,783
		------------	------------

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

In accordance with section 444 of the Companies Act 2006, the profit and loss account has not been delivered.

For the year ending 31 May 2022 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476 ;

- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .

These financial statements were approved by the board of directors and authorised for issue on 26 July 2022 , and are signed on behalf of the board by:

Mr R M Popat

Director

Company registration number: 07255987

RMP197 LIMITED

NOTES TO THE FINANCIAL STATEMENTS

YEAR ENDED 31 MAY 2022

1. General information

The company is a private company limited by shares, registered in England and Wales. The address of the registered office is 50 Swakeleys Road, Ickenham, Uxbridge, Middlesex, UB10 8BD.

2. Statement of compliance

These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.

3. Accounting policies

Basis of preparation

The financial statements have been prepared on the historical cost basis. The financial statements are prepared in sterling, which is the functional currency of the entity.

Revenue recognition

Turnover is measured at the fair value of the consideration received or receivable and represents amounts receivable for services rendered, stated net of discounts and of Value Added Tax.

Taxation

The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in profit or loss, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. In this case, tax is recognised in other comprehensive income or directly in equity, respectively. Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.

Financial instruments

Financial instruments are classified and accounted for, according to the substance of the contractual arrangement, as either financial assets, financial liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.

4. Employee numbers

The average number of persons employed by the company during the year amounted to 2 (2021: 2 ).

5. Debtors

	2022	2021
	£	£
Other debtors	–	1,069
	------------	------------

6. Creditors: amounts falling due within one year

	2022	2021
	£	£
Corporation tax	12,207	19,393
Social security and other taxes	761	703
Director loan accounts	77	15,374
	------------	------------
	13,045	35,470
	------------	------------

7. Called up share capital

Issued, called up and fully paid

	2022		2021
	No.	£	No.	£
Ordinary shares of £ 1 each	100	100	100	100
	------------	------------	------------	------------

8. Related party transactions

The directors' loan of £77 (2021: £15,374) set out above is unsecured, repayable on demand and currently interest free. The company is controlled by the directors.