Company Registration No. 13219545 (England and Wales)
RMG ESTATES LTD
Unaudited accounts
for the year ended 28 February 2023
RMG ESTATES LTD
Unaudited accounts
Contents
RMG ESTATES LTD
Company Information
for the year ended 28 February 2023
Directors
Mr Yash Paul Gogna
Mrs Alka Gogna
Company Number
13219545 (England and Wales)
Registered Office
Daniel Consultancy, Morrit House
54-60 Station Approach
South Ruislip
HA4 6SA
United Kingdom
Accountants
Daniel Consultancy
Morritt House
54-60 Station Approach
South Ruislip
Ruislip
HA4 6SA
RMG ESTATES LTD
Accountants' report
Accountants' report to the board of directors of RMG ESTATES LTD on the preparation of the unaudited statutory accounts for the year ended 28 February 2023
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of
RMG ESTATES LTD for the year ended
28 February 2023 as set out on pages
5 -
7 from the company's accounting records and from information and explanations you have given us.
This report is made solely to the Board of Directors of RMG ESTATES LTD, as a body, in accordance with the terms of our engagement. Our work has been undertaken solely to prepare for your approval the accounts of RMG ESTATES LTD and state those matters that we have agreed to state to them, as a body, in this report. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than RMG ESTATES LTD and its Board of Directors as a body for our work or for this report.
It is your duty to ensure that RMG ESTATES LTD has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and loss of RMG ESTATES LTD. You consider that RMG ESTATES LTD is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the accounts of RMG ESTATES LTD. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.
Daniel Consultancy
Morritt House
54-60 Station Approach
South Ruislip
Ruislip
HA4 6SA
24 November 2023
RMG ESTATES LTD
Statement of financial position
as at 28 February 2023
Cash at bank and in hand
1,939
100
Creditors: amounts falling due within one year
(56,170)
-
Net current (liabilities)/assets
(54,231)
100
Total assets less current liabilities
106,019
100
Creditors: amounts falling due after more than one year
(112,500)
-
Net (liabilities)/assets
(6,481)
100
Called up share capital
100
100
Profit and loss account
(6,581)
-
Shareholders' funds
(6,481)
100
For the year ending 28 February 2023 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 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 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 of Directors and authorised for issue on 24 November 2023 and were signed on its behalf by
Mr Yash Paul Gogna
Director
Company Registration No. 13219545
RMG ESTATES LTD
Notes to the Accounts
for the year ended 28 February 2023
RMG ESTATES LTD is a private company, limited by shares, registered in England and Wales, registration number 13219545. The registered office is Daniel Consultancy, Morrit House, 54-60 Station Approach, South Ruislip, HA4 6SA, 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.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
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:
The company only enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans from banks and other third parties.
The director is assessing, on a daily basis, the impact of the significant uncertainty arising. Whilst the director appreciates there is a significant uncertainty surrounding the future economic climate, the company is well placed to address these impacts. The director is satisfied that the company will be able to satisfy its financial obligations for at least 12 months from the date of signature of the financial statements, which have been prepared on the going concern basis.
4
Tangible fixed assets
Land & buildings
At 28 February 2023
160,250
At 28 February 2023
160,250
RMG ESTATES LTD
Notes to the Accounts
for the year ended 28 February 2023
5
Creditors: amounts falling due within one year
2023
2022
Loans from directors
54,700
-
Included above is a loan of £54,700 (2021 - NIL) from the directors of the company.
6
Creditors: amounts falling due after more than one year
2023
2022
7
Average number of employees
During the year the average number of employees was 0 (2022: 0).
