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Company Registration No. 06465313 (England and Wales)
RTB INVESTMENTS LIMITED Unaudited accounts for the year ended 31 March 2023
RTB INVESTMENTS LIMITED Unaudited accounts Contents
Page
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RTB INVESTMENTS LIMITED Company Information for the year ended 31 March 2023
Directors
R Bolesworth Mrs V Boleworth
Secretary
Mrs V Bolesworth
Company Number
06465313 (England and Wales)
Registered Office
The Downshire 71 Baldwins Lane Croxley Green, Rickmonthsworth Hertfordshire WD3 3LT
Accountants
Dempsey & Co The Downshire 71 Baldwins Lane Croxley Green Rickmansworth Herts WD3 3LT
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RTB INVESTMENTS LIMITED Statement of financial position as at 31 March 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
2,600,467 
2,278,564 
Current assets
Inventories
83,505 
74,705 
Debtors
1,076,048 
120,441 
Cash at bank and in hand
178,394 
398,407 
1,337,947 
593,553 
Creditors: amounts falling due within one year
(775,341)
(461,143)
Net current assets
562,606 
132,410 
Total assets less current liabilities
3,163,073 
2,410,974 
Creditors: amounts falling due after more than one year
(1,594,066)
(1,489,775)
Provisions for liabilities
Deferred tax
(212,608)
(145,311)
Net assets
1,356,399 
775,888 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
1,356,299 
775,788 
Shareholders' funds
1,356,399 
775,888 
For the year ending 31 March 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 16 October 2023 and were signed on its behalf by
R Bolesworth Director Company Registration No. 06465313
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RTB INVESTMENTS LIMITED Notes to the Accounts for the year ended 31 March 2023
1
Statutory information
RTB INVESTMENTS LIMITED is a private company, limited by shares, registered in England and Wales, registration number 06465313. The registered office is The Downshire, 71 Baldwins Lane, Croxley Green, Rickmonthsworth, Hertfordshire, WD3 3LT.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Turnover
Turnover represents net invoiced sales of goods to customers and Arcade takings, excluding Value Added Tax.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.
Land & buildings
1-2% straight line
Plant & machinery
20% straight line
Motor vehicles
20% reducing balance
Fixtures & fittings
20% reducing balance
Inventories
Stock is valued at the lower of cost and net realisable value. Stock is calculated using the first in first out method and consists of material and direct labour cost, together with an appropriate proportion of production overheads.
Deferred taxation
Deferred taxation is provided in respect of the tax effect of all timing differences at the rates of tax expected to apply when the timing differences reverse.
Leased assets
Interest on finance leases and hire purchase transactions is charged to the profit and loss account on a straight line basis over the period of the relevant agreement.
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RTB INVESTMENTS LIMITED Notes to the Accounts for the year ended 31 March 2023
Going concern
These financial statements have been prepared on a going concern basis.
Intangible fixed assets
Goodwill is amortised through the profit and loss account in equal instalments over its useful life at a rate of 20% per annum. Phones App costs are written off 20% per annum. Goodwill for Maple Moose written off over 3 years.
4
Intangible fixed assets
Goodwill 
Other 
Total 
£ 
£ 
£ 
Cost
At 1 April 2022
276,254 
17,100 
293,354 
At 31 March 2023
276,254 
17,100 
293,354 
Amortisation
At 1 April 2022
276,254 
17,100 
293,354 
At 31 March 2023
276,254 
17,100 
293,354 
Net book value
At 31 March 2023
- 
- 
- 
5
Tangible fixed assets
Land & buildings 
Plant & machinery 
Motor vehicles 
Fixtures & fittings 
Total 
£ 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At cost 
At 1 April 2022
1,562,289 
2,218,867 
5,550 
1,420,888 
5,207,594 
Additions
- 
672,489 
7,000 
102,953 
782,442 
Disposals
- 
(150,763)
- 
- 
(150,763)
At 31 March 2023
1,562,289 
2,740,593 
12,550 
1,523,841 
5,839,273 
Depreciation
At 1 April 2022
214,525 
1,765,969 
4,562 
943,974 
2,929,030 
Charge for the year
15,623 
290,039 
1,997 
62,501 
370,160 
On disposals
- 
(60,384)
- 
- 
(60,384)
At 31 March 2023
230,148 
1,995,624 
6,559 
1,006,475 
3,238,806 
Net book value
At 31 March 2023
1,332,141 
744,969 
5,991 
517,366 
2,600,467 
At 31 March 2022
1,347,764 
452,898 
988 
476,914 
2,278,564 
6
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
Trade debtors
25,800 
18,060 
Other debtors
1,050,248 
102,381 
1,076,048 
120,441 
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RTB INVESTMENTS LIMITED Notes to the Accounts for the year ended 31 March 2023
7
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Bank loans and overdrafts
234,228 
201,288 
Trade creditors
207,873 
25,679 
Taxes and social security
118,861 
126,217 
Other creditors
191,397 
106,620 
Loans from directors
22,982 
1,339 
775,341 
461,143 
8
Creditors: amounts falling due after more than one year
2023 
2022 
£ 
£ 
Bank loans
1,594,066 
1,489,775 
Aggregate of amounts that fall due for payment after five years
- 
620,827 
9
Share capital
2023 
2022 
£ 
£ 
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100 
100 
10
Transactions with related parties
Mr R Bolesworth was voted dividends of £49000(2022-£182000) and received a salary of £15593 (2022-£15976). Mrs V Bolesworth was voted dividends of £21000(2021-£78000) and received a salary of £12354(2022-£12332) during the year.
11
Average number of employees
During the year the average number of employees was 42 (2022: 42).
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