ACCOUNTS - Final Accounts

R D M CONSULTING LIMITED - Company Information

Caseware UK (AP4) 2016.0.181 2016.0.181 2017-04-302017-04-30The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.truefalsefalse2016-05-01 08048885 2016-05-01 2017-04-30 08048885 2017-04-30 08048885 2016-04-30 08048885 c:Director1 2016-05-01 2017-04-30 08048885 d:MotorVehicles 2016-05-01 2017-04-30 08048885 d:MotorVehicles 2017-04-30 08048885 d:MotorVehicles 2016-04-30 08048885 d:MotorVehicles d:OwnedOrFreeholdAssets 2016-05-01 2017-04-30 08048885 d:CurrentFinancialInstruments 2017-04-30 08048885 d:CurrentFinancialInstruments 2016-04-30 08048885 d:CurrentFinancialInstruments d:WithinOneYear 2017-04-30 08048885 d:CurrentFinancialInstruments d:WithinOneYear 2016-04-30 08048885 d:ShareCapital 2017-04-30 08048885 d:ShareCapital 2016-04-30 08048885 d:RetainedEarningsAccumulatedLosses 2017-04-30 08048885 d:RetainedEarningsAccumulatedLosses 2016-04-30 08048885 c:FRS102 2016-05-01 2017-04-30 08048885 c:AuditExempt-NoAccountantsReport 2016-05-01 2017-04-30 08048885 c:FullAccounts 2016-05-01 2017-04-30 08048885 c:PrivateLimitedCompanyLtd 2016-05-01 2017-04-30 iso4217:GBP

08048885

R D M CONSULTING LIMITED

UNAUDITED

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 APRIL 2017


R D M CONSULTING LIMITED

CONTENTS

	Page
Balance sheet	1
Notes to the financial statements	2 - 5


R D M CONSULTING LIMITED REGISTERED NUMBER:08048885

BALANCE SHEET

AS AT 30 APRIL 2017

		2017		2016
Note		£		£

Fixed assets
Tangible assets	4		7,593		10,124
Current assets
Cash at bank and in hand		1,210		1,107
Creditors: amounts falling due within one year	5	(5,955)		(9,438)
Net current liabilities			(4,745)		(8,331)
Total assets less current liabilities			2,848		1,793

Net assets			2,848		1,793

Capital and reserves
Called up share capital	100	100
Profit and loss account	2,748	1,693
	2,848	1,793

The directors consider that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The Company's financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The Company has opted not to file the statement of comprehensive income in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf on 23 January 2018.

R D Mason

Director

The notes on pages 2 to 5 form part of these financial statements.

Page 1


R D M CONSULTING LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 APRIL 2017

1.	General information

R D M Consulting Limited (the Company) is a private company limited by shares, incorporated and domiciled in England. The address of its registered office is Rutland House, 148 Edmund Street, Birmingham, West Midlands, United Kingdom, B3 2FD. The principal place of business is 1 Elmside, Elm Road, Evesham, WR11 3DZ.

2.Accounting policies

2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.

Information on the impact of first-time adoption of FRS 102 is given in note 6.

The following principal accounting policies have been applied:

2.2

Revenue

Revenue is recognised to the extent that it is probable that the economic benefits will flow to the Company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before revenue is recognised:

Rendering of services

Revenue from a contract to provide services is recognised in the period in which the services are provided in accordance with the stage of completion of the contract when all of the following conditions are satisfied:

∙the amount of revenue can be measured reliably;

∙it is probable that the Company will receive the consideration due under the contract;

∙the stage of completion of the contract at the end of the reporting period can be measured reliably; and

∙the costs incurred and the costs to complete the contract can be measured reliably.

2.3

Tangible fixed assets

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

Page 2


R D M CONSULTING LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 APRIL 2017

2.Accounting policies (continued)

2.3

Tangible fixed assets (continued)

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, on a reducing balance basis.

Depreciation is provided on the following basis:

Motor vehicle

25% Reducing Balance

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in the Statement of comprehensive income.

2.4

Financial instruments

The Company only enters into basic financial instruments 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, loans to related parties and investments in non-puttable ordinary shares.

2.5

Creditors

Short term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

2.6

Taxation

Tax is recognised in the Statement of comprehensive income, except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

Employees

The average monthly number of employees, including the directors, during the year was as follows:

	2017	2016
	No.	No.

Directors	2	2

Page 3


R D M CONSULTING LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 APRIL 2017

4.	Tangible fixed assets

		Motor vehicle
		£
	Cost
	At 1 May 2016	13,499
	At 30 April 2017	13,499
	Depreciation
	At 1 May 2016	3,375
	Charge for the year on owned assets	2,531
	At 30 April 2017	5,906
	Net book value
	At 30 April 2017	7,593
	At 30 April 2016	10,124

5.	Creditors: Amounts falling due within one year
		2017	2016
		£	£

Corporation tax	448	96
Other taxation and social security	1,831	339
Other creditors	2,588	7,915
Accruals and deferred income	1,088	1,088
	5,955	9,438

Page 4


R D M CONSULTING LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 APRIL 2017

6.	First time adoption of FRS 102 The policies applied under the entity's previous accounting framework are not materially different to FRS 102 and have not impacted on equity or profit or loss.

Page 5