Rory van Millingen Limited - Accounts to registrar (filleted) - small 22.3

REGISTERED NUMBER: 11813051 (England and Wales)

Unaudited Financial Statements for the Year Ended 30 April 2022

for

Rory van Millingen Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

R D van Millingen

REGISTERED OFFICE:

3rd Floor Solar House

1-9 Romford Road

London

E15 4RG

REGISTERED NUMBER:

11813051 (England and Wales)

ACCOUNTANTS:

Jones & Partners Limited

3rd Floor Solar House

1-9 Romford Road

London

E15 4RG

FIXED ASSETS

Tangible assets

4

8,892

4,366

CURRENT ASSETS

Debtors

5

216,383

204,328

Cash at bank

23,239

31,021

239,622

235,349

CREDITORS

Amounts falling due within one year

6

46,264

49,939

NET CURRENT ASSETS

193,358

185,410

TOTAL ASSETS LESS CURRENT LIABILITIES

202,250

189,776

CAPITAL AND RESERVES

Called up share capital

7

10

10

Retained earnings

202,240

189,766

SHAREHOLDERS' FUNDS

202,250

189,776

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 24 January 2023 and were signed by:

R D van Millingen - Director

1.	STATUTORY INFORMATION

Rory van Millingen 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 is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

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

-

33% 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.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Going concern

The director is closely monitoring the impact of COVID-19 on the activities of the company and have received confirmation that the shareholders will continue to support the operations of the company for the foreseeable future to allow it to be able to meet its own liabilities as they fall due.

Based on their assessment of the company's financial position, the directors have reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. Thus the directors continue to adopt the going concern basis for the foreseeable future in preparing the financial statements.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2021 - 2 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 May 2021

6,425

Additions

7,994

At 30 April 2022

14,419

DEPRECIATION

At 1 May 2021

2,059

Charge for year

3,468

At 30 April 2022

5,527

NET BOOK VALUE

At 30 April 2022

8,892

At 30 April 2021

4,366

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2022

2021

£

£

Trade debtors

112,761

103,800

Other debtors

103,622

100,528

216,383

204,328

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2022

2021

£

£

Trade creditors

4,925

6,713

Taxation and social security

40,540

43,226

Other creditors

799

-

46,264

49,939

7.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2022

2021

value:

£

£

9

Ordinary A

£1

9

9

1

Ordinary B

£1

1

1

10

10

8.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 30 April 2022 and 30 April 2021:

2022

2021

£

£

R D van Millingen

Balance outstanding at start of year

100,124

(976

)

Amounts advanced

60,391

190,100

Amounts repaid

(161,312

)

(89,000

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

(797

)

100,124

At the year end, the company owed the director £797. This loan is interest free and was repaid within 9 months of the year end. (2021: £100,124)