RPM Digital Print Limited - Accounts to registrar (filleted) - small 22.3

REGISTERED NUMBER: 02644787 (England and Wales)

Unaudited Financial Statements

for the Year Ended 30 April 2022

for

RPM Digital Print Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

A M Place

REGISTERED OFFICE:

Unit 4

5 Haviland Road

Ferndown Industrial Estate

Wimborne

Dorset

BH21 7RZ

REGISTERED NUMBER:

02644787 (England and Wales)

ACCOUNTANTS:

Hughes Spencer

12 Acorn Business Park

Northarbour Road

Portsmouth

Hampshire

PO6 3TH

FIXED ASSETS

Tangible assets

4

2,654

4,981

CURRENT ASSETS

Debtors

5

37,960

25,302

Cash at bank and in hand

69,223

89,765

107,183

115,067

CREDITORS

Amounts falling due within one year

6

51,599

61,944

NET CURRENT ASSETS

55,584

53,123

TOTAL ASSETS LESS CURRENT LIABILITIES

58,238

58,104

CREDITORS

Amounts falling due after more than one year

7

(40,663

)

(40,833

)

PROVISIONS FOR LIABILITIES

(504

)

(946

)

NET ASSETS

17,071

16,325

CAPITAL AND RESERVES

Called up share capital

363

363

Retained earnings

16,708

15,962

SHAREHOLDERS' FUNDS

17,071

16,325

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2022.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 2022 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 financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 14 November 2022 and were signed by:

A M Place - Director

1.	STATUTORY INFORMATION

RPM Digital Print Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

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 historical cost convention.

Turnover

Turnover represents the value of services provided under contracts to the extent that there is a right to consideration and is recorded at the value of the consideration due. Where a contract has only been partially completed at the balance sheet date turnover represents the value of the service provided to date based on a proportion of the total expected consideration on completion. Where payments are received from customers in advance of services provided, the amounts are recorded as Deferred Income and included as part of Creditors due within one year.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery etc

-

25% on cost, 15% on cost and 10% on cost

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

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.

Deferred tax

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

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 5 (2021 - 5 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 May 2021

and 30 April 2022

266,361

DEPRECIATION

At 1 May 2021

261,380

Charge for year

2,327

At 30 April 2022

263,707

NET BOOK VALUE

At 30 April 2022

2,654

At 30 April 2021

4,981

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2022

2021

£

£

Trade debtors

22,819

11,510

Amounts recoverable on contract

-

928

Other debtors

15,141

12,864

37,960

25,302

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2022

2021

£

£

Bank loans and overdrafts

5,047

9,167

Trade creditors

38,999

43,030

Taxation and social security

2,004

3,698

Other creditors

5,549

6,049

51,599

61,944

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2022

2021

£

£

Bank loans

40,663

40,833

Amounts falling due in more than five years:

Repayable by instalments

Bank loans more 5 yr by instal

-

833

8.	ULTIMATE CONTROLLING PARTY

The ultimate controlling party is A M Place.