1 April 2023 false Taxfiler 2024.6 true 06465313business:PrivateLimitedCompanyLtd2023-04-012024-03-31 064653132023-03-31 064653132023-04-012024-03-31 06465313business:AuditExemptWithAccountantsReport2023-04-012024-03-31 06465313business:FilletedAccounts2023-04-012024-03-31 064653132024-03-31 06465313business:Director12023-04-012024-03-31 06465313business:Director22023-04-012024-03-31 06465313business:CompanySecretary12023-04-012024-03-31 06465313business:RegisteredOffice2023-04-012024-03-31 064653132023-03-31 06465313core:WithinOneYear2024-03-31 06465313core:WithinOneYear2023-03-31 06465313core:AfterOneYear2024-03-31 06465313core:AfterOneYear2023-03-31 06465313core:ShareCapitalcore:PreviouslyStatedAmount2024-03-31 06465313core:ShareCapitalcore:PreviouslyStatedAmount2023-03-31 06465313core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2024-03-31 06465313core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-03-31 06465313core:PreviouslyStatedAmount2024-03-31 06465313core:PreviouslyStatedAmount2023-03-31 06465313business:SmallEntities2023-04-012024-03-31 06465313countries:EnglandWales2023-04-012024-03-31 06465313core:LandBuildings2023-04-012024-03-31 06465313core:PlantMachinery2023-04-012024-03-31 06465313core:MotorVehicles2023-04-012024-03-31 06465313core:FurnitureFittings2023-04-012024-03-31 06465313core:Goodwill2023-03-31 06465313core:IntangibleAssetsOtherThanGoodwill2023-03-31 06465313core:Goodwill2024-03-31 06465313core:IntangibleAssetsOtherThanGoodwill2024-03-31 06465313core:LandBuildings2023-03-31 06465313core:PlantMachinery2023-03-31 06465313core:MotorVehicles2023-03-31 06465313core:FurnitureFittings2023-03-31 06465313core:LandBuildings2024-03-31 06465313core:PlantMachinery2024-03-31 06465313core:MotorVehicles2024-03-31 06465313core:FurnitureFittings2024-03-31 06465313business:OrdinaryShareClass12023-04-012024-03-31 06465313business:OrdinaryShareClass12022-04-012023-03-31 064653132022-04-012023-03-31 iso4217:GBP xbrli:shares xbrli:pure
Company Registration No. 06465313 (England and Wales)
RTB INVESTMENTS LIMITED Unaudited accounts for the year ended 31 March 2024
RTB INVESTMENTS LIMITED Unaudited accounts Contents
Page
- 2 -
RTB INVESTMENTS LIMITED Company Information for the year ended 31 March 2024
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
- 3 -
RTB INVESTMENTS LIMITED Statement of financial position as at 31 March 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
2,604,801 
2,600,467 
Current assets
Inventories
94,314 
83,505 
Debtors
1,310,651 
1,076,048 
Cash at bank and in hand
139,320 
178,394 
1,544,285 
1,337,947 
Creditors: amounts falling due within one year
(758,965)
(775,341)
Net current assets
785,320 
562,606 
Total assets less current liabilities
3,390,121 
3,163,073 
Creditors: amounts falling due after more than one year
(1,571,930)
(1,594,066)
Provisions for liabilities
Deferred tax
(244,773)
(212,608)
Net assets
1,573,418 
1,356,399 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
1,573,318 
1,356,299 
Shareholders' funds
1,573,418 
1,356,399 
For the year ending 31 March 2024 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 23 September 2024 and were signed on its behalf by
R Bolesworth Director Company Registration No. 06465313
- 4 -
RTB INVESTMENTS LIMITED Notes to the Accounts for the year ended 31 March 2024
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.
- 5 -
RTB INVESTMENTS LIMITED Notes to the Accounts for the year ended 31 March 2024
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 2023
276,254 
17,100 
293,354 
At 31 March 2024
276,254 
17,100 
293,354 
Amortisation
At 1 April 2023
276,254 
17,100 
293,354 
At 31 March 2024
276,254 
17,100 
293,354 
Net book value
At 31 March 2024
- 
- 
- 
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 2023
1,562,289 
2,740,593 
12,550 
1,523,841 
5,839,273 
Additions
- 
488,316 
- 
7,819 
496,135 
Disposals
- 
(156,570)
- 
- 
(156,570)
At 31 March 2024
1,562,289 
3,072,339 
12,550 
1,531,660 
6,178,838 
Depreciation
At 1 April 2023
230,148 
1,995,624 
6,559 
1,006,475 
3,238,806 
Charge for the year
15,623 
323,431 
1,498 
53,350 
393,902 
On disposals
- 
(58,671)
- 
- 
(58,671)
At 31 March 2024
245,771 
2,260,384 
8,057 
1,059,825 
3,574,037 
Net book value
At 31 March 2024
1,316,518 
811,955 
4,493 
471,835 
2,604,801 
At 31 March 2023
1,332,141 
744,969 
5,991 
517,366 
2,600,467 
6
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
124,601 
25,800 
Other debtors
1,186,050 
1,050,248 
1,310,651 
1,076,048 
- 6 -
RTB INVESTMENTS LIMITED Notes to the Accounts for the year ended 31 March 2024
7
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Bank loans and overdrafts
359,796 
234,228 
Trade creditors
58,562 
207,873 
Taxes and social security
104,007 
118,861 
Other creditors
236,561 
191,397 
Loans from directors
39 
22,982 
758,965 
775,341 
8
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
1,571,930 
1,594,066 
9
Share capital
2024 
2023 
£ 
£ 
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 £122500(2022-£49000) and received a salary of £15407 (2022-£15593). Mrs V Bolesworth was voted dividends of £52500(2021-£21000) and received a salary of £12001(2022-£12354) during the year.
11
Average number of employees
During the year the average number of employees was 42 (2023: 42).
- 7 -