1 January 2023 false No description of principal activity Taxfiler 2024.5 05377627business:PrivateLimitedCompanyLtd2023-01-012023-12-31 053776272022-12-31 053776272023-01-012023-12-31 05377627business:AuditExemptWithAccountantsReport2023-01-012023-12-31 05377627business:FilletedAccounts2023-01-012023-12-31 053776272023-12-31 05377627business:Director12023-01-012023-12-31 05377627business:RegisteredOffice2023-01-012023-12-31 053776272022-12-31 05377627core:WithinOneYear2023-12-31 05377627core:WithinOneYear2022-12-31 05377627core:ShareCapitalcore:PreviouslyStatedAmount2023-12-31 05377627core:ShareCapitalcore:PreviouslyStatedAmount2022-12-31 05377627core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-12-31 05377627core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2022-12-31 05377627core:PreviouslyStatedAmount2023-12-31 05377627core:PreviouslyStatedAmount2022-12-31 05377627business:SmallEntities2023-01-012023-12-31 05377627countries:EnglandWales2023-01-012023-12-31 05377627core:MotorVehicles2023-01-012023-12-31 05377627core:FurnitureFittings2023-01-012023-12-31 05377627core:Goodwill2022-12-31 05377627core:Goodwill2023-12-31 05377627core:Goodwill2023-01-012023-12-31 05377627core:LandBuildings2022-12-31 05377627core:MotorVehicles2022-12-31 05377627core:FurnitureFittings2022-12-31 05377627core:LandBuildings2023-12-31 05377627core:MotorVehicles2023-12-31 05377627core:FurnitureFittings2023-12-31 05377627core:LandBuildings2023-01-012023-12-31 053776272022-01-012022-12-31 iso4217:GBP xbrli:pure
Company Registration No. 05377627 (England and Wales)
RTCP Limited Unaudited accounts for the year ended 31 December 2023
RTCP Limited Unaudited accounts Contents
Page
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RTCP Limited Company Information for the year ended 31 December 2023
Director
Michel Lamaa
Company Number
05377627 (England and Wales)
Registered Office
75 Whitegate Gardens Harrow Middlesex HA3 6BW England
Accountants
Proficient Accountants 85 Great Portland Street First Floor London W1W 7LT
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RTCP Limited Statement of financial position as at 31 December 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Intangible assets
51,000 
76,500 
Tangible assets
29,210 
38,163 
80,210 
114,663 
Current assets
Inventories
28,157 
26,584 
Debtors
67,564 
47,697 
Cash at bank and in hand
66,315 
92,683 
162,036 
166,964 
Creditors: amounts falling due within one year
(222,159)
(201,545)
Net current liabilities
(60,123)
(34,581)
Net assets
20,087 
80,082 
Capital and reserves
Called up share capital
20,000 
20,000 
Profit and loss account
87 
60,082 
Shareholders' funds
20,087 
80,082 
For the year ending 31 December 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 director acknowledges his 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 and authorised for issue on 17 September 2024 and were signed on its behalf by
Michel Lamaa Director Company Registration No. 05377627
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RTCP Limited Notes to the Accounts for the year ended 31 December 2023
1
Statutory information
RTCP Limited is a private company, limited by shares, registered in England and Wales, registration number 05377627. The registered office is 75 Whitegate Gardens, Harrow, Middlesex, HA3 6BW, England.
2
Compliance with accounting standards
The financial statements 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 financial statements have been prepared on the historical cost basis,.
Presentation currency
The financial statements are presented in sterling, which is the functional currency of the entity.
Turnover
Turnover is measured at the fair value of the consideration received or receivable and represents amounts receivable for goods supplied and services rendered, stated net of discounts and VAT
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:
Motor vehicles
25% reducing balance
Fixtures & fittings
15% reducing balance
Intangible fixed assets and amortisation
Amortisation is calculated so as to write off the cost of an asset, less its estimated residual value, over the useful life of that asset as follows: Goodwill - 10% straight line If there is an indication that there has been significant change in amortisation rate, useful life or residual value of an intangible asset, the amortisation is revised prospectively to reflect the new estimates.
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RTCP Limited Notes to the Accounts for the year ended 31 December 2023
4
Intangible fixed assets
Goodwill 
£ 
Cost
At 1 January 2023
510,000 
At 31 December 2023
510,000 
Amortisation
At 1 January 2023
433,500 
Charge for the year
25,500 
At 31 December 2023
459,000 
Net book value
At 31 December 2023
51,000 
At 31 December 2022
76,500 
5
Tangible fixed assets
Land & buildings 
Motor vehicles 
Fixtures & fittings 
Total 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At 1 January 2023
1,000 
47,709 
53,315 
102,024 
At 31 December 2023
1,000 
47,709 
53,315 
102,024 
Depreciation
At 1 January 2023
- 
13,915 
49,946 
63,861 
Charge for the year
- 
8,448 
505 
8,953 
At 31 December 2023
- 
22,363 
50,451 
72,814 
Net book value
At 31 December 2023
1,000 
25,346 
2,864 
29,210 
At 31 December 2022
1,000 
33,794 
3,369 
38,163 
6
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
VAT
20,506 
1,313 
Trade debtors
47,058 
45,857 
Other debtors
- 
527 
67,564 
47,697 
7
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Trade creditors
59,323 
155,939 
Taxes and social security
32,844 
43,781 
Other creditors
411 
- 
Loans from directors
119,581 
625 
Accruals
10,000 
1,200 
222,159 
201,545 
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RTCP Limited Notes to the Accounts for the year ended 31 December 2023
8
Transactions with related parties
Included in other creditors is an amount of £119,581 (2022: £625) due to the director of the company. There are no terms as to interest or repayment in respect of this balance. Dividends totalling £137,500 (2022: £90,001) were paid in the year.
9
Average number of employees
During the year the average number of employees was 6 (2022: 6).
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