| RMS Property Management Limited |
| Registered number: |
07523943 |
| Abbreviated Balance Sheet |
| as at 28 February 2015 |
|
| Notes |
|
|
2015 |
|
|
2014 |
| £ |
£ |
| Fixed assets |
| Intangible assets |
2 |
|
|
291,480 |
|
|
305,360 |
| Tangible assets |
3 |
|
|
- |
|
|
87,500 |
|
|
|
|
291,480 |
|
|
392,860 |
|
| Current assets |
| Debtors |
|
|
133,371 |
|
|
131,122 |
| Cash at bank and in hand |
|
|
180,418 |
|
|
66,075 |
|
|
|
313,789 |
|
|
197,197 |
|
| Creditors: amounts falling due within one year |
|
|
(951,440) |
|
|
(927,421) |
|
| Net current liabilities |
|
|
|
(637,651) |
|
|
(730,224) |
|
| Net liabilities |
|
|
|
(346,171) |
|
|
(337,364) |
|
|
|
|
|
|
|
|
| Capital and reserves |
| Called up share capital |
4 |
|
|
100 |
|
|
100 |
| Profit and loss account |
|
|
|
(346,271) |
|
|
(337,464) |
|
| Shareholders' funds |
|
|
|
(346,171) |
|
|
(337,364) |
|
|
|
|
|
|
|
|
| The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006. |
| The members have not required the company to obtain an audit in accordance with section 476 of the Act. |
| The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts. |
| The accounts have been prepared in accordance with the provisions in Part 15 of the Companies Act 2006 applicable to companies subject to the small companies regime. |
|
|
|
| Shahzad Mahmood |
| Director |
| Approved by the board on 1 November 2015 |
|
| RMS Property Management Limited |
| Notes to the Abbreviated Accounts |
| for the year ended 28 February 2015 |
|
| 1 |
Accounting policies |
|
|
Basis of preparation |
|
The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015). |
|
|
Turnover |
|
Turnover represents the value, net of value added tax and discounts, of goods provided to customers and work carried out in respect of services provided to customers. |
|
|
Depreciation |
|
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives. |
|
|
#REF! |
#REF! |
|
Motor vehicles |
25% straight line |
|
|
| 2 |
Intangible fixed assets |
£ |
|
|
Cost |
|
At 1 March 2014 |
347,000 |
|
At 28 February 2015 |
347,000 |
|
|
|
|
|
|
|
|
Amortisation |
|
At 1 March 2014 |
41,640 |
|
Provided during the year |
13,880 |
|
At 28 February 2015 |
55,520 |
|
|
|
|
|
|
|
|
Net book value |
|
At 28 February 2015 |
291,480 |
|
At 28 February 2014 |
305,360 |
|
|
|
|
|
|
|
|
| 3 |
Tangible fixed assets |
£ |
|
|
Cost |
|
At 1 March 2014 |
350,000 |
|
At 28 February 2015 |
350,000 |
|
|
|
|
|
|
|
|
Depreciation |
|
At 1 March 2014 |
262,500 |
|
Charge for the year |
87,500 |
|
At 28 February 2015 |
350,000 |
|
|
|
|
|
|
|
|
Net book value |
|
At 28 February 2015 |
- |
|
At 28 February 2014 |
87,500 |
|
|
|
|
|
|
|
|
| 4 |
Share capital |
Nominal |
|
2015 |
|
2015 |
|
2014 |
| value |
Number |
£ |
£ |
|
Allotted, called up and fully paid: |
|
Ordinary shares |
£1 each |
|
- |
|
100 |
|
100 |
|
|
|
|
|
|
|
|
|
