RKM Invest Limited - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 09059830 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2017

FOR

RKM INVEST LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mrs K D Williams

Mr R G H Williams

REGISTERED OFFICE:

24-26 Friar Lane

Leicester

Leicestershire

LE1 5RA

REGISTERED NUMBER:

09059830 (England and Wales)

FIXED ASSETS

Tangible assets

4

331,174

331,174

CURRENT ASSETS

Debtors

5

7,040

2,000

Cash at bank

3,404

3,963

10,444

5,963

CREDITORS

Amounts falling due within one year

6

93,193

97,385

NET CURRENT LIABILITIES

(82,749

)

(91,422

)

TOTAL ASSETS LESS CURRENT LIABILITIES

248,425

239,752

CREDITORS

Amounts falling due after more than one year

7

199,942

213,231

NET ASSETS

48,483

26,521

CAPITAL AND RESERVES

Called up share capital

8

100

100

Retained earnings

9

48,383

26,421

SHAREHOLDERS' FUNDS

48,483

26,521

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2017.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2017 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 of Part 15 of the Companies Act 2006 relating to small companies.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors on 4 September 2018 and were signed on its behalf by:

Mr R G H Williams - Director

Mrs K D Williams - Director

1.	STATUTORY INFORMATION

RKM Invest 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 the provisions of Section 1A "Small Entities" of Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

TANGIBLE FIXED ASSETS

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Freehold property

-

Not depreciated

CREDITORS

Short term trade 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.

DEBTORS

Short term debtors are measured at transaction price, less any impairment. Loans receivable are measured

initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the

effective interest method, less any impairment.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2016 - 2 ) .

4.	TANGIBLE FIXED ASSETS

Freehold

property

£

COST

At 1 January 2017

and 31 December 2017

331,174

NET BOOK VALUE

At 31 December 2017

331,174

At 31 December 2016

331,174

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2017

2016

£

£

Trade debtors

2,000

2,000

Other debtors

5,040

-

7,040

2,000

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2017

2016

£

£

Bank loans and overdrafts

10,045

10,008

Taxation and social security

5,234

4,172

Other creditors

77,914

83,205

93,193

97,385

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2017

2016

£

£

Bank loans

199,942

213,231

8.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2017

2016

value:

£

£

100

Ordinary

£1

100

100

9.

RESERVES

Retained

earnings

£

At 1 January 2017

26,421

Profit for the year

21,962

At 31 December 2017

48,383

10.	RELATED PARTY DISCLOSURES

During the period to 31 December 2017, the company charged rental to Williams Commerce Limited amounting

to £37,000 (2016: £24,000). At the period end an amount of £77,089 (2016: £74,974) was owing to Williams

Commerce Limited.

Mr R Williams and Mrs K Williams are also directors of Williams Commerce Limited.

11.	ULTIMATE CONTROLLING PARTY

The company is controlled by the directors who own 100% of the issued share capital.