RMTech Holdings Limited - Accounts to registrar (filleted) - small 23.2.5

REGISTERED NUMBER: 13878996 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE PERIOD 28 JANUARY 2022 TO 31 MARCH 2023

FOR

RMTECH HOLDINGS LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

J Mays

D Richards

REGISTERED OFFICE:

Swatton Barn

Bradbury

Swindon

Wiltshire

SN4 0EU

REGISTERED NUMBER:

13878996 (England and Wales)

ACCOUNTANTS:

d&t

Chartered Accountants

Swatton Barn

Badbury

Swindon

Wiltshire

SN4 0EU

CURRENT ASSETS

Investments

4

1,583,249

CREDITORS

Amounts falling due within one year

5

1,212,090

NET CURRENT ASSETS

371,159

TOTAL ASSETS LESS CURRENT LIABILITIES

371,159

CREDITORS

Amounts falling due after more than one year

6

371,705

NET LIABILITIES

(546

)

CAPITAL AND RESERVES

Called up share capital

7

100

Retained earnings

(646

)

SHAREHOLDERS' FUNDS

(546

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 31 March 2023.

The members have not required the company to obtain an audit of its financial statements for the period ended 31 March 2023 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 applicable to companies subject to the small companies regime.

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 and authorised for issue on 11 October 2023 and were signed on its behalf by:

J Mays - Director

D Richards - Director

1.	STATUTORY INFORMATION

RMTech Holdings 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.

The presentation currency of the financial statements is the Pound Sterling (£).

2.	ACCOUNTING POLICIES

BASIS OF PREPARING THE FINANCIAL STATEMENTS

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

TAXATION

Taxation for the period 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 or deferred taxation assets and liabilities are not discounted.

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 balance sheet date.

DEFERRED TAX

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet 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 period 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 period was 2 .

4.	CURRENT ASSET INVESTMENTS

£

Shares in group undertakings

1,583,249

5.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

£

Amounts owed to group undertakings

1,062,090

Other creditors

150,000

1,212,090

6.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

£

Other creditors

371,705

7.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

value:

£

900,000

Ordinary

0.000

1

90

50,000

A Ordinary

0.000

1

5

50,000

B Ordinary

0.000

1

5

100

The following shares were allotted and fully paid for cash at par during the period:

900,000 Ordinary shares of 0.0001 each

50,000 A Ordinary shares of 0.0001 each

50,000 B Ordinary shares of 0.0001 each