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REGISTERED NUMBER: 04194289 (England and Wales)











RTC INVESTMENTS LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2023






RTC INVESTMENTS LIMITED (REGISTERED NUMBER: 04194289)






CONTENTS OF THE FINANCIAL STATEMENTS
for the year ended 31 March 2023




Page

Company information 1

Balance sheet 2

Notes to the financial statements 4

Chartered accountants' report 7

RTC INVESTMENTS LIMITED

COMPANY INFORMATION
for the year ended 31 March 2023







DIRECTOR: Miss G M Hamilton





REGISTERED OFFICE: Duke House
84-86 Rushey Green
London
SE6 4HW





REGISTERED NUMBER: 04194289 (England and Wales)





ACCOUNTANTS: Berringers LLP
Chartered Accountants
Lygon House
50 London Road
Bromley
Kent
BR1 3RA

RTC INVESTMENTS LIMITED (REGISTERED NUMBER: 04194289)

BALANCE SHEET
31 March 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 1,632,564 1,614,372
Investments 5 - -
1,632,564 1,614,372

CURRENT ASSETS
Debtors: amounts falling due within one year 6 3,564 32,042
Debtors: amounts falling due after more than
one year

6

965,136

970,505
Cash at bank 1,426 37,634
970,126 1,040,181
CREDITORS
Amounts falling due within one year 7 68,339 72,912
NET CURRENT ASSETS 901,787 967,269
TOTAL ASSETS LESS CURRENT
LIABILITIES

2,534,351

2,581,641

CREDITORS
Amounts falling due after more than one year 8 1,339,317 1,336,199
NET ASSETS 1,195,034 1,245,442

CAPITAL AND RESERVES
Called up share capital 8 8
Retained earnings 1,195,026 1,245,434
SHAREHOLDERS' FUNDS 1,195,034 1,245,442

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2023 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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.

RTC INVESTMENTS LIMITED (REGISTERED NUMBER: 04194289)

BALANCE SHEET - continued
31 March 2023


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 Statement of income and retained earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 7 February 2024 and were signed by:





Miss G M Hamilton - Director


RTC INVESTMENTS LIMITED (REGISTERED NUMBER: 04194289)

NOTES TO THE FINANCIAL STATEMENTS
for the year ended 31 March 2023

1. STATUTORY INFORMATION

RTC Investments 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.

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.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Investment properties
Investment properties are shown at most recent valuation. Any aggregate surplus or deficit arising from changes in market value is transferred to a revaluation reserve.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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 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 1 (2022 - 1 ) .

RTC INVESTMENTS LIMITED (REGISTERED NUMBER: 04194289)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the year ended 31 March 2023

4. TANGIBLE FIXED ASSETS
Freehold Computer
property equipment Totals
£    £    £   
COST
At 1 April 2022 1,614,372 - 1,614,372
Additions 16,309 2,511 18,820
At 31 March 2023 1,630,681 2,511 1,633,192
DEPRECIATION
Charge for year - 628 628
At 31 March 2023 - 628 628
NET BOOK VALUE
At 31 March 2023 1,630,681 1,883 1,632,564
At 31 March 2022 1,614,372 - 1,614,372

5. FIXED ASSET INVESTMENTS

The investment properties have been included at cost and not market value. The directors do not believe that it is cost efficient to have the properties revalued, but they will be at a higher value than shown in the accounts.

6. DEBTORS
2023 2022
£    £   
Amounts falling due within one year:
Other debtors 3,564 32,042

Amounts falling due after more than one year:
Other debtors 965,136 970,505

Aggregate amounts 968,700 1,002,547

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade creditors 3,367 -
Taxation and social security 3,181 3,181
Other creditors 61,791 69,731
68,339 72,912

RTC INVESTMENTS LIMITED (REGISTERED NUMBER: 04194289)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the year ended 31 March 2023

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2023 2022
£    £   
Other creditors 1,339,317 1,336,199

The mortgages are secured against one of the company properties.

9. POST BALANCE SHEET EVENTS

The following non-adjusting event has occurred since 31 March 2023:

- after the balance sheet date, an on-going legal issue was settled in favour of RTC Investments Ltd. At 31 March 2023, the outcome was unknown and as such no provision for the receipt of the claim has been made. After the year end date £95,000 was received as settlement of the claim.

CHARTERED ACCOUNTANTS' REPORT TO THE DIRECTOR
ON THE UNAUDITED FINANCIAL STATEMENTS OF
RTC INVESTMENTS LIMITED

The following reproduces the text of the report prepared for the director in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance sheet. Readers are cautioned that the Income statement and certain other primary statements and the Report of the director are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of RTC Investments Limited for the year ended 31 March 2023 which comprise the Statement of income and retained earnings, Balance sheet and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the director of RTC Investments Limited in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of RTC Investments Limited and state those matters that we have agreed to state to the director of RTC Investments Limited in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than RTC Investments Limited and its director for our work or for this report.

It is your duty to ensure that RTC Investments Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and loss of RTC Investments Limited. You consider that RTC Investments Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of RTC Investments Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.






Berringers LLP
Chartered Accountants
Lygon House
50 London Road
Bromley
Kent
BR1 3RA


7 February 2024