Rm Developments (Manchester) Limited - Limited company - abbreviated

REGISTERED NUMBER: 04547927 (England and Wales)

Abbreviated Accounts for the Year Ended 31 December 2013

for

Rm Developments (Manchester) Limited

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTOR:

Mr D Whitaker

SECRETARY:

Mr M Shaw

REGISTERED OFFICE:

1st Floor

NQ Building

47 Bengal Street

Manchester

Lancashire

M4 6BB

REGISTERED NUMBER:

04547927 (England and Wales)

ACCOUNTANTS:

Urquhart Warner Myers Limited

European House

93 Wellington Road

Leeds

West Yorkshire

LS12 1DZ

FIXED ASSETS

Investments

2

3

CURRENT ASSETS

Stocks

4,255,766

2,055,000

Debtors

3,392,534

617,110

Cash at bank

2,867,203

-

10,515,503

2,672,110

CREDITORS

Amounts falling due within one year

7,740,838

630,066

NET CURRENT ASSETS

2,774,665

2,042,044

TOTAL ASSETS LESS CURRENT
LIABILITIES

2,774,668

2,042,047

CAPITAL AND RESERVES

Called up share capital

3

15,015,106

Profit and loss account

(12,240,438

)

(12,973,059

)

SHAREHOLDERS' FUNDS

2,774,668

2,042,047

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2013.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2013 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 abbreviated accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.

The financial statements were approved by the director on 30 October 2014 and were signed by:

Mr D Whitaker - Director

1.	ACCOUNTING POLICIES

Accounting convention

The financial statements have been prepared under the historical cost convention and in accordance with the

Financial Reporting Standard for Smaller Entities (effective April 2008).

Turnover

Turnover represents net invoiced sales of goods, excluding value added tax.

Stocks

Work in progress is valued at the lower of cost and net realisable value.

Cost includes all direct expenditure and an appropriate proportion of fixed and variable overheads.

2.	FIXED ASSET INVESTMENTS

Investments

other

than

loans

£

COST

At 1 January 2013

and 31 December 2013

3

NET BOOK VALUE

At 31 December 2013

3

At 31 December 2012

3

The company's investments at the balance sheet date in the share capital of companies include the following:

RM Sedgwick Residential Limited

Nature of business: Dormant Company

%

Class of shares:

holding

Ordinary shares

100.00

31/12/13

31/12/12

£

Aggregate capital and reserves

1

RM McConnell Residential Limited

Nature of business: Dormant Company

%

Class of shares:

holding

Ordinary shares

100.00

31/12/13

31/12/12

£

Aggregate capital and reserves

1

RM Fairbairn Residential Limited

Nature of business: Dormant Company

%

Class of shares:

holding

Ordinary shares

100.00

31/12/13

31/12/12

£

Aggregate capital and reserves

1

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31/12/13

31/12/12

value:

£

1,000

Ordinary shares

£1

1,000

15,014,106

Redeemable ordinary shares

£1

15,014,106

15,015,106

4.	ULTIMATE PARENT COMPANY

Paragon Developments (Manchester) Limited is regarded by the director as being the company's ultimate

parent company.