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REGISTERED NUMBER: 06230490 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 APRIL 2024

FOR

WUANTAG RTM COMPANY LIMITED

WUANTAG RTM COMPANY LIMITED (REGISTERED NUMBER: 06230490)






CONTENTS OF THE FINANCIAL STATEMENTS
for the year ended 30 April 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3

Chartered Accountants' Report 5

WUANTAG RTM COMPANY LIMITED

COMPANY INFORMATION
for the year ended 30 April 2024







DIRECTOR: Mr R J Davey



REGISTERED OFFICE: 10 St Ann Street
Salisbury
Wiltshire
SP1 2DN



REGISTERED NUMBER: 06230490 (England and Wales)



ACCOUNTANTS: Rothmans LLP
10 St Ann Street
Salisbury
Wiltshire
SP1 2DN



BANKERS: HSBC
The Commons
High Street
Shaftesbury
Dorset
SP7 8JX

WUANTAG RTM COMPANY LIMITED (REGISTERED NUMBER: 06230490)

BALANCE SHEET
30 April 2024

30.4.24 30.4.23
Notes £    £   
CURRENT ASSETS
Stocks 6,833 3,093
Debtors 4 2,625 1,728
Cash at bank 142,921 284,017
152,379 288,838
CREDITORS
Amounts falling due within one year 5 135,292 122,689
NET CURRENT ASSETS 17,087 166,149
TOTAL ASSETS LESS CURRENT
LIABILITIES

17,087

166,149

RESERVES
Sinking fund reserve 1,759 139,435
Income and expenditure account 15,328 26,714
17,087 166,149

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 surplus or deficit 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.

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 Comprehensive Income has not been delivered.

The financial statements were approved by the director and authorised for issue on 21 January 2025 and were signed by:





Mr R J Davey - Director


WUANTAG RTM COMPANY LIMITED (REGISTERED NUMBER: 06230490)

NOTES TO THE FINANCIAL STATEMENTS
for the year ended 30 April 2024

1. STATUTORY INFORMATION

Wuantag RTM Company Limited is a private company, limited by guarantee , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

The presentation currency of the financial statements is the Pound Sterling (£).


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.

Revenue recognition
Revenue is measured at the fair value of the consideration received or receivable for services charges provided to tenants who occupy the leasehold properties.

Revenue is recognised in accordance with individual service charge agreements at which time the significant risks and rewards of the services provided transfer to the tenant.

Stocks
The company holds stocks of oil. As these stocks are not subject to physical obsolescence they are valued at costs. The stock is issued on a first in, first out basis.

Taxation
Wuantag RTM Co Ltd is a not for profit company and is therefore exempt from Corporation Tax.

Reserves
Expenses may be charged to the sinking fund reserve in respect of costs that are incurred in regard to significant, infrequent maintenance projects.

Expenses may be charged to the reserve fund in respect of unexpected costs which are not specifically budgeted for and in general cannot easily be foreseen.

The residents are charged annually for their share in the sinking fund and also additional cash calls are requested when substantial works are planned.

The income and expenditure reserves are balances resulting from surplus or deficit each year when planned expenditure differs from service charges budgeted. These will be used in future years for general costs of running the property.

Debtors
Debtors do not carry and interest and are stated at their nominal value. Appropriate allowances for estimated irrecoverable amounts are recognised in the Profit and Loss account when there is objective evidence that the asset is impaired.

Creditors
Creditors are not interest bearing and are stated at their nominal value.

Cash and cash equivalents
These comprise cash at bank and other short term highly liquid deposits.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2023 - NIL).

WUANTAG RTM COMPANY LIMITED (REGISTERED NUMBER: 06230490)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the year ended 30 April 2024

4. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.4.24 30.4.23
£    £   
Trade debtors 1,907 1,216
Other debtors 718 512
2,625 1,728

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.4.24 30.4.23
£    £   
Trade creditors 67,471 71,209
Other creditors 67,821 51,480
135,292 122,689

CHARTERED ACCOUNTANTS' REPORT TO THE DIRECTOR
ON THE UNAUDITED FINANCIAL STATEMENTS OF
WUANTAG RTM COMPANY 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 Statement of Comprehensive Income 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 Wuantag RTM Company Limited for the year ended 30 April 2024 which comprise the Statement of Comprehensive Income, Balance Sheet, Statement of Changes in Equity 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 Wuantag RTM Company Limited in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Wuantag RTM Company Limited and state those matters that we have agreed to state to the director of Wuantag RTM Company 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 Wuantag RTM Company Limited and its director for our work or for this report.

It is your duty to ensure that Wuantag RTM Company 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 Wuantag RTM Company Limited. You consider that Wuantag RTM Company 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 Wuantag RTM Company 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.






Rothmans LLP
10 St Ann Street
Salisbury
Wiltshire
SP1 2DN


23 January 2025