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REGISTERED NUMBER: 01260467 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2018

FOR

R M & K FASHIONS LIMITED

R M & K FASHIONS LIMITED (REGISTERED NUMBER: 01260467)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2018




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


R M & K FASHIONS LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 MARCH 2018







DIRECTORS: Mrs K Chopra
S Chopra
Mrs R Chopra



REGISTERED OFFICE: 36 Willow Way
Darras Hall
Ponteland
Newcastle upon Tyne
NE20 9RF



REGISTERED NUMBER: 01260467 (England and Wales)



ACCOUNTANTS: Robson Laidler Accountants Limited
Fernwood House
Fernwood Road
Jesmond
Newcastle upon Tyne
NE2 1TJ



BANKERS: Handelsbanken
2nd Floor
Earl Grey House
75-85 Grey Street
Newcastle upon Tyne
NE1 6EF

R M & K FASHIONS LIMITED (REGISTERED NUMBER: 01260467)

BALANCE SHEET
31 MARCH 2018

2018 2017
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 5 109 128
Investments 6 1,650,000 1,650,000
1,650,109 1,650,128

CURRENT ASSETS
Debtors 7 893 734
Cash at bank 30,541 30,933
31,434 31,667
CREDITORS
Amounts falling due within one year 8 109,990 106,622
NET CURRENT LIABILITIES (78,556 ) (74,955 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,571,553

1,575,173

CREDITORS
Amounts falling due after more than one
year

9

(461,944

)

(485,701

)

PROVISIONS FOR LIABILITIES (34,280 ) (39,114 )
NET ASSETS 1,075,329 1,050,358

CAPITAL AND RESERVES
Called up share capital 1,111 1,000
Retained earnings 1,074,218 1,049,358
SHAREHOLDERS' FUNDS 1,075,329 1,050,358

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2018.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2018 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.

R M & K FASHIONS LIMITED (REGISTERED NUMBER: 01260467)

BALANCE SHEET - continued
31 MARCH 2018


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 Profit and Loss Account has not been delivered.

The financial statements were approved by the Board of Directors on 7 December 2018 and were signed on
its behalf by:





Mrs K Chopra - Director


R M & K FASHIONS LIMITED (REGISTERED NUMBER: 01260467)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2018

1. STATUTORY INFORMATION

R M & K Fashions 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 financial statements are presented in UK Sterling which is the functional currency of the company
and rounded to the nearest £1.

2. STATEMENT OF COMPLIANCE

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.

3. ACCOUNTING POLICIES

Basis of preparing the financial statements
The financial statements have been prepared under the historical cost convention as modified by the revaluation of certain assets.

The significant accounting policies applied in the preparation of these financial statements are set out
below. These policies have been consistently applied to all years presented unless otherwise stated.

Turnover
Turnover represents rents received from the company's investment properties and is net of value
added tax.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Fixtures and fittings - 15% on reducing balance
Computer equipment - 33% on cost

Fixed asset investments
This represents the company's investment property which is stated in the balance sheet at its fair
value.

4. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2017 - 3 ) .

R M & K FASHIONS LIMITED (REGISTERED NUMBER: 01260467)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2018

5. TANGIBLE FIXED ASSETS
Fixtures
and Computer
fittings equipment Totals
£    £    £   
COST
At 1 April 2017
and 31 March 2018 207 903 1,110
DEPRECIATION
At 1 April 2017 79 903 982
Charge for year 19 - 19
At 31 March 2018 98 903 1,001
NET BOOK VALUE
At 31 March 2018 109 - 109
At 31 March 2017 128 - 128

6. FIXED ASSET INVESTMENTS
Other
investments
£   
COST OR VALUATION
At 1 April 2017
and 31 March 2018 1,650,000
NET BOOK VALUE
At 31 March 2018 1,650,000
At 31 March 2017 1,650,000

Cost or valuation at 31 March 2018 is represented by:

Other
investments
£   
Valuation in 2007 575,000
Valuation in 2014 407,788
Cost 667,212
1,650,000

If the fixed asset investment had not been revalued it would have been included at the following
historical cost:

2018 2017
£    £   
Cost 896,394 896,394

The fixed asset investment was valued on a market value basis on 7 July 2014 by BNP Paribas Real Estate
.

R M & K FASHIONS LIMITED (REGISTERED NUMBER: 01260467)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2018

6. FIXED ASSET INVESTMENTS - continued

BNP Paribas Real Estate are Chartered Surveyors. In the opinion of the directors, there has been no
material change to the market value of the investments, since the last valuation. They consider that
market value is a fair representation of fair value.

7. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2018 2017
£    £   
Prepayments 893 734

8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2018 2017
£    £   
Bank loans and overdrafts 23,824 24,268
Corporation tax 16,524 17,563
Social security and other taxes 4,693 4,859
Sundry creditors 38,377 21,745
Directors' current accounts 991 12,675
Accrued expenses 25,581 25,512
109,990 106,622

9. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2018 2017
£    £   
Bank loan repayable between one and
two years

23,400

23,400
Bank loan repayable between
two and five years 69,000 69,000
Bank loan repayable in excess of five
years

369,544

393,301
461,944 485,701

Amounts falling due in more than five years:

Repayable by instalments
Bank loan repayable in excess of five
years

369,544

393,301

10. SECURED DEBTS

The following secured debts are included within creditors:

2018 2017
£    £   
Bank loans 485,768 509,969