RBM Investments Limited - Accounts to registrar (filleted) - small 18.2
RBM Investments Limited - Accounts to registrar (filleted) - small 18.2
| REGISTERED NUMBER: |
| UNAUDITED FINANCIAL STATEMENTS |
| FOR THE YEAR ENDED 31 OCTOBER 2018 |
| FOR |
| RBM INVESTMENTS LIMITED |
| RBM INVESTMENTS LIMITED (REGISTERED NUMBER: 09817276) |
| CONTENTS OF THE FINANCIAL STATEMENTS |
| for the Year Ended 31 October 2018 |
| Page |
| Company Information | 1 |
| Statement of Financial Position | 2 |
| Notes to the Financial Statements | 3 |
| RBM INVESTMENTS LIMITED |
| COMPANY INFORMATION |
| for the Year Ended 31 October 2018 |
| DIRECTORS: |
| SECRETARY: |
| REGISTERED OFFICE: |
| REGISTERED NUMBER: |
| ACCOUNTANTS: |
| Chartered Accountants |
| Douglas Bank House |
| Wigan Lane |
| Wigan |
| Lancashire |
| WN1 2TB |
| RBM INVESTMENTS LIMITED (REGISTERED NUMBER: 09817276) |
| STATEMENT OF FINANCIAL POSITION |
| 31 October 2018 |
| 2018 | 2017 |
| Notes | £ | £ | £ | £ |
| FIXED ASSETS |
| Investments | 4 |
| CURRENT ASSETS |
| Debtors | 5 |
| Investments | 6 |
| Cash at bank |
| CREDITORS |
| Amounts falling due within one year | 7 |
| NET CURRENT ASSETS |
| TOTAL ASSETS LESS CURRENT LIABILITIES |
| CAPITAL AND RESERVES |
| Called up share capital |
| Retained earnings |
| SHAREHOLDERS' FUNDS |
| 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. |
| In accordance with Section 444 of the Companies Act 2006, the Statement of Comprehensive Income has not been delivered. |
| The financial statements were approved by the Board of Directors on |
| RBM INVESTMENTS LIMITED (REGISTERED NUMBER: 09817276) |
| NOTES TO THE FINANCIAL STATEMENTS |
| for the Year Ended 31 October 2018 |
| 1. | STATUTORY INFORMATION |
| RBM Investments Limited is a |
| 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. These financial statements have been prepared under the historical cost |
| convention. |
| The principal accounting policies adopted in the preparation of the financial statements are set out below. |
| Financial instruments |
| The following assets and liabilities are classified as financial instruments; Loan notes, Directors' loan account |
| and accruals. |
| Financial instruments that are payable or receivable within one year, typically Loan notes, Directors' loan |
| account and accruals are measured initially and subsequently at the undiscounted amount of the cash or other |
| consideration that is expected to be paid or received. |
| 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 tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or |
| substantively enacted by the statement of financial position date. |
| Deferred tax |
| Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the |
| statement of financial position 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. |
| 3. | EMPLOYEES AND DIRECTORS |
| The average number of employees during the year was |
| 4. | FIXED ASSET INVESTMENTS |
| Other |
| investments |
| £ |
| COST |
| At 1 November 2017 |
| and 31 October 2018 |
| NET BOOK VALUE |
| At 31 October 2018 |
| At 31 October 2017 |
| RBM INVESTMENTS LIMITED (REGISTERED NUMBER: 09817276) |
| NOTES TO THE FINANCIAL STATEMENTS - continued |
| for the Year Ended 31 October 2018 |
| 5. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 2018 | 2017 |
| £ | £ |
| Other debtors |
| 6. | CURRENT ASSET INVESTMENTS |
| 2018 | 2017 |
| £ | £ |
| Other |
| 7. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 2018 | 2017 |
| £ | £ |
| Taxation and social security |
| Other creditors |
| 8. | RELATED PARTY DISCLOSURES |
| Real Estate Investment (Altrincham) Ltd |
| A company in which the directors are both directors and shareholders. |
| RBM Investments Limited is authorised and directed to execute and deliver to and in favour of Business Lending |
| Residual Funding 2 Limited (the "Lender") a cost overrun guarantee in respect of the amount (if any) by which |
| any category of the projected costs incurred by Real Estate Investment (Altrincham) Ltd (the "Borrower") exceed |
| the budgeted costs and the amount (if any) by which the costs to complete incurred by the "Borrower" exceed the |
| available amount for the development. |
| Included in Current Asset Investments (Note 8) is £1,972,500 of 8% fixed rate unsecured loan notes held by |
| RBM Investments Limited and given to Real Estate Investment (Altrincham) Ltd. |