RCM Living Ltd
RCM Living Ltd
Registered number: 08843947
Unaudited Financial Statements
For The Year Ended
31 January 2021
A K E Tax & Accountancy Ltd
Chartered Certified Accountants & Registered Auditors
2nd Floor, 15 The Broadway
Hatfield
Hertfordshire
AL9 5HZ
RCM Living Ltd
Unaudited Financial Statements
For The Year Ended
31 January 2021
Unaudited Financial Statements
Contents | |
Page | |
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Balance Sheet | 1 |
Notes to the Financial Statements | 2 |
RCM Living Ltd
Balance Sheet
As at
31 January 2021
Balance Sheet
Registered number:
08843947
For the year ending 31 January 2021 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
2021 | 2020 | ||||
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Notes | £ | £ | £ | £ | |
CURRENT ASSETS | |||||
Cash at bank and in hand |
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Creditors: Amounts Falling Due Within One Year | 3 |
( |
( |
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NET CURRENT ASSETS (LIABILITIES) |
( |
( |
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TOTAL ASSETS LESS CURRENT LIABILITIES |
( |
( |
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NET LIABILITIES |
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( |
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CAPITAL AND RESERVES | |||||
Called up share capital | 4 |
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Profit and Loss Account |
( |
( |
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SHAREHOLDERS' FUNDS | (14,258) | (13,525) | |||
Directors' responsibilities:
-
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. -
The directors acknowledge their 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. - The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
Director
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The notes on page 2 form part of these financial statements.
Page 1
RCM Living Ltd
Notes to the Financial Statements
For The Year Ended
31 January 2021
Notes to the Financial Statements
1.
Accounting Policies
1.1.
Basis of Preparation of Financial Statements
The financial statements are prepared under the historical cost convention and in accordance with the FRS 102 Section 1A Small Entities - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.
1.2.
Creditors
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.
2.
Average Number of Employees
Average number of employees, including directors, during the year was as follows: NIL (2020: NIL)
3.
Creditors: Amounts Falling Due Within One Year
2021 | 2020 | ||
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£ | £ | ||
Other creditors | 12,050 | 11,317 | |
Taxation and social security | 2,209 | 2,209 | |
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4.
Share Capital
2021 | 2020 | ||
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Allotted, Called up and fully paid |
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5.
Related Party Transactions
R C MorganThe above is a director and shareholder of the Company.During the period the director personally paid costs of the business against his loan account. At the balance sheet date, he was owed £11,450 (2020:£10,717) by the company. No interest was charged on the loan in the period.
R C Morgan
The above is a director and shareholder of the Company.
During the period the director personally paid costs of the business against his loan account. At the balance sheet date, he was owed £11,450 (2020:£10,717) by the company. No interest was charged on the loan in the period.
6.
Ultimate Controlling Party
The company's ultimate controlling parties are
the directors
by virtue of their equal ownership of the issued share capital in the company.
7.
Going concern
The Company has the full support of the directors who if needed will personally pay the liabilities of the Company. The director is not seeking repayment of the director loan in the near future.
8.
General Information
RCM Living Ltd
is a private company, limited by shares, incorporated in England & Wales, registered number
08843947
. The registered office is 4 Howard Road, Glen Parva, Leicester, Leicestershire, LE2 9JG.
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