Registered number
05882856
55 PORTLAND PLACE RTM COMPANY LIMITED
Filleted Accounts
31 December 2023
55 PORTLAND PLACE RTM COMPANY LIMITED
Registered number: 05882856
Balance Sheet
as at 31 December 2023
Notes 2023 2022
£ £
Current assets
Debtors 3 57,756 31,552
Cash at bank and in hand 510,643 468,871
568,399 500,423
Creditors: amounts falling due within one year 4 (79,576) (70,111)
Net current assets 488,823 430,312
Net assets 488,823 430,312
Capital and reserves
Reserve Fund 5 488,823 430,312
488,823 430,312
The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
J A Fingleton
Director
Approved by the board on 23 September 2024
55 PORTLAND PLACE RTM COMPANY LIMITED
Notes to the Accounts
for the year ended 31 December 2023
1 Accounting policies
Basis of preparation
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).
Turnover
Turnover represents amounts charged to lessees towards the running and maintenance of the property.
2 Employees 2023 2022
Number Number
Average number of persons employed by the company 4 4
3 Debtors 2023 2022
£ £
Lessee debtors 26,841 21,305
Other debtors 30,915 10,247
57,756 31,552
4 Creditors: amounts falling due within one year 2023 2022
£ £
Trade creditors 11,160 10,217
Taxation and social security costs 846 -
Other creditors 67,570 59,894
79,576 70,111
5 Reserve Fund 2023 2022
£ £
At 1 January 2023 430,312 432,381
Surplus/(Deficit) for the financial year 58,511 (2,069)
At 31 December 2023 488,823 430,312
6 Other information
55 PORTLAND PLACE RTM COMPANY LIMITED is a private company limited by guarantee without share capital and incorporated in England. Its registered office is:
Associates House
118A East Barnet Road
New Barnet
Hertfordshire
EN4 8RE
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