RWMC Installations Limited

RWMC Installations Limited

RWMC INSTALLATIONS LIMITED - Company Information

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1 April 2021 false No description of principal activity Taxfiler 2022.11.1 07508068business:PrivateLimitedCompanyLtd2021-04-012022-03-31 075080682021-03-31 075080682021-04-012022-03-31 07508068business:AuditExempt-NoAccountantsReport2021-04-012022-03-31 07508068business:FullAccounts2021-04-012022-03-31 075080682022-03-31 07508068business:Director12021-04-012022-03-31 07508068business:RegisteredOffice2021-04-012022-03-31 075080682021-03-31 07508068core:WithinOneYear2022-03-31 07508068core:WithinOneYear2021-03-31 07508068core:AfterOneYear2022-03-31 07508068core:AfterOneYear2021-03-31 07508068core:ShareCapital2022-03-31 07508068core:ShareCapital2021-03-31 07508068core:RetainedEarningsAccumulatedLosses2022-03-31 07508068core:RetainedEarningsAccumulatedLosses2021-03-31 07508068business:SmallEntities2021-04-012022-03-31 07508068countries:EnglandWales2021-04-012022-03-31 07508068core:PlantMachinery2021-04-012022-03-31 07508068core:MotorVehicles2021-04-012022-03-31 07508068core:FurnitureFittings2021-04-012022-03-31 07508068core:ComputerEquipment2021-04-012022-03-31 07508068core:PlantMachinery2021-03-31 07508068core:MotorVehicles2021-03-31 07508068core:FurnitureFittings2021-03-31 07508068core:ComputerEquipment2021-03-31 07508068core:PlantMachinery2022-03-31 07508068core:MotorVehicles2022-03-31 07508068core:FurnitureFittings2022-03-31 07508068core:ComputerEquipment2022-03-31 075080682020-04-012021-03-31 iso4217:GBP xbrli:pure
Company Registration No. 07508068 (England and Wales)
RWMC Installations Limited Accounts for the year ended 31 March 2022
RWMC Installations Limited Accounts Contents
Page
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RWMC Installations Limited Company Information for the year ended 31 March 2022
Director
Ryan Williams
Company Number
07508068 (England and Wales)
Registered Office
Old Hall Farm Derby Road Swarkestone Derbyshire DE73 7JB United Kingdom
Accountants
RLTP Limited 114 Wood Road Derby DE21 4LZ
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RWMC Installations Limited Statement of financial position as at 31 March 2022
2022 
2021 
Notes
£ 
£ 
Fixed assets
Tangible assets
4
97,984 
74,861 
Current assets
Inventories
21,690 
- 
Debtors
5
112,562 
54,304 
Cash at bank and in hand
5,344 
17,612 
139,596 
71,916 
Creditors: amounts falling due within one year
6
(160,768)
(59,749)
Net current (liabilities)/assets
(21,172)
12,167 
Total assets less current liabilities
76,812 
87,028 
Creditors: amounts falling due after more than one year
7
(41,667)
(50,000)
Provisions for liabilities
Deferred tax
(760)
(760)
Net assets
34,385 
36,268 
Capital and reserves
Called up share capital
100 
2 
Profit and loss account
34,285 
36,266 
Shareholders' funds
34,385 
36,268 
For the year ending 31 March 2022 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 21 June 2022 and were signed on its behalf by
Ryan Williams Director Company Registration No. 07508068
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RWMC Installations Limited Notes to the Accounts for the year ended 31 March 2022
1
Statutory information
RWMC Installations Limited is a private company, limited by shares, registered in England and Wales, registration number 07508068. The registered office is Old Hall Farm, Derby Road, Swarkestone, Derbyshire, DE73 7JB, United Kingdom.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
These financial statements for the year ended 31 March 2022 are the first financial statements that comply with FRS 102 Section 1A Small Entities. The date of transition is 1 April 2020. The transition to FRS 102 Section 1A Small Entities has resulted in a small number of changes in accounting policies to those used previously. The nature of these changes and their impact on opening equity and profit for the comparative period are explained in the notes below.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
15% RB
Motor vehicles
20% RB
Fixtures & fittings
15% RB
Computer equipment
15% RB
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RWMC Installations Limited Notes to the Accounts for the year ended 31 March 2022
4
Tangible fixed assets
Plant & machinery 
Motor vehicles 
Fixtures & fittings 
Computer equipment 
Total 
£ 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At cost 
At 1 April 2021
11,991 
76,607 
5,856 
8,766 
103,220 
Additions
- 
53,950 
- 
- 
53,950 
Disposals
- 
(22,950)
- 
- 
(22,950)
At 31 March 2022
11,991 
107,607 
5,856 
8,766 
134,220 
Depreciation
At 1 April 2021
5,116 
15,521 
2,329 
5,393 
28,359 
Charge for the year
1,031 
10,835 
529 
272 
12,667 
On disposals
- 
(4,790)
- 
- 
(4,790)
At 31 March 2022
6,147 
21,566 
2,858 
5,665 
36,236 
Net book value
At 31 March 2022
5,844 
86,041 
2,998 
3,101 
97,984 
At 31 March 2021
6,875 
61,086 
3,527 
3,373 
74,861 
5
Debtors
2022 
2021 
£ 
£ 
Amounts falling due within one year
Trade debtors
110,962 
53,304 
Other debtors
1,600 
1,000 
112,562 
54,304 
6
Creditors: amounts falling due within one year
2022 
2021 
£ 
£ 
VAT
45,006 
13,000 
Trade creditors
14,161 
21,883 
Taxes and social security
16,905 
536 
Other creditors
78,223 
22,798 
Loans from directors
4,973 
32 
Accruals
1,500 
1,500 
160,768 
59,749 
7
Creditors: amounts falling due after more than one year
2022 
2021 
£ 
£ 
Bank loans
41,667 
50,000 
8
Average number of employees
During the year the average number of employees was 7 (2021: 7).
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