RPTC Limited 08314073 true 2023-01-01 2023-12-31 2023-12-31 The principal activity of the company is to hold tennis courts for the benefit of the members of Rock Park Tennis Club, Digita Accounts Production Advanced 6.30.9574.0 true true 08314073 2023-01-01 2023-12-31 08314073 2023-12-31 08314073 bus:Original 2023-12-31 08314073 core:CurrentFinancialInstruments core:WithinOneYear 2023-12-31 08314073 core:LandBuildings core:OwnedOrFreeholdAssets 2023-12-31 08314073 bus:SmallEntities 2023-01-01 2023-12-31 08314073 bus:AuditExemptWithAccountantsReport 2023-01-01 2023-12-31 08314073 bus:FullAccounts 2023-01-01 2023-12-31 08314073 bus:SmallCompaniesRegimeForAccounts 2023-01-01 2023-12-31 08314073 bus:RegisteredOffice 2023-01-01 2023-12-31 08314073 bus:Director1 2023-01-01 2023-12-31 08314073 bus:EntityHasNeverTraded 2023-01-01 2023-12-31 08314073 bus:CompanyLimitedByGuarantee 2023-01-01 2023-12-31 08314073 core:LandBuildings 2023-01-01 2023-12-31 08314073 countries:England 2023-01-01 2023-12-31 08314073 2022-12-31 08314073 core:LandBuildings core:OwnedOrFreeholdAssets 2022-12-31 08314073 2022-01-01 2022-12-31 08314073 2022-12-31 08314073 core:CurrentFinancialInstruments core:WithinOneYear 2022-12-31 08314073 core:LandBuildings core:OwnedOrFreeholdAssets 2022-12-31 iso4217:GBP xbrli:pure

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Registration number: 08314073

RPTC Limited

(A company limited by guarantee)

Unaudited Filleted Financial Statements

for the Year Ended 31 December 2023

 

RPTC Limited

Contents

Statement of Financial Position

1

Notes to the Unaudited Financial Statements

2 to 4

 

RPTC Limited

(Registration number: 08314073)
Statement of Financial Position as at 31 December 2023

Note

2023
£

2022
£

Fixed assets

 

Tangible assets

4

6,500

6,500

Creditors: Amounts falling due within one year

5

(6,500)

(6,500)

Net assets/(liabilities)

 

-

-

Reserves

 

Surplus/(deficit)

 

-

-

For the financial year ending 31 December 2023 the company was entitled to exemption from audit under section 480 of the Companies Act 2006 relating to dormant companies.

Directors' responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Statement of Comprehensive Income.

Approved and authorised by the Board on 26 February 2024 and signed on its behalf by:
 


Mr Mark Ponsonby
Director

 

RPTC Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2023

1

General information

The company is a company limited by guarantee, incorporated in England, and consequently does not have share capital. Each of the members is liable to contribute an amount not exceeding £1 towards the assets of the company in the event of liquidation.

The address of its registered office is:
47 Boutport Street
Barnstaple
Devon
EX31 1SQ

Principal activity

The principal activity of the company is to hold tennis courts for the benefit of the members of Rock Park Tennis Club, with the aid of a loan from that club which will also be responsible for maintaining the courts in good order.

2

Accounting policies

Summary of significant accounting policies and key accounting estimates

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

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

The financial statements are prepared in sterling which is the functional currency of the entity.

Going concern

The financial statements have been prepared on a going concern basis.

 

RPTC Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2023 (continued)

2

Accounting policies (continued)

Judgements and key sources of estimation uncertainty

The preparation of the financial statements requires management to make judgements, estimates and assumptions that affect the amounts reported. These estimates and judgements are continually reviewed and are based on experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances.

Accounting estimates and assumptions are made concerning the future and, by their nature, will rarely equal the related actual outcome.

Tangible assets

Tangible assets are stated in the statement of financial position at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class

Depreciation method and rate

Land and buildings

Not depreciated

Land and buildings comprise the tennis courts at Rock Park, Barnstaple which are held on behalf of the members of Rock Park Tennis Club. The purchase was financed by a loan from that club, which also has the responsibility for maintaining the courts in good order.

In the above circumstances the Directors believe that charging depreciation would be inappropriate.

Impairment

A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date.

3

Staff numbers

The average number of persons employed by the company (including directors) during the year, was 0 (2022 - 0).

 

RPTC Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2023 (continued)

4

Tangible assets

Land and buildings
£

Total
£

Cost or valuation

At 1 January 2023

6,500

6,500

At 31 December 2023

6,500

6,500

Depreciation

Carrying amount

At 31 December 2023

6,500

6,500

At 31 December 2022

6,500

6,500

5

Creditors

Creditors: amounts falling due within one year

Note

2023
£

2022
£

Due within one year

 

Other creditors

6,500

6,500

6

Reserves

Profit and loss account:

This reserve records retained earnings and accumulated losses.