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REGISTERED NUMBER: 11468434 (England and Wales)















Unaudited Financial Statements

for the Year Ended 31 July 2024

for

RTP SOLUTIONS HOLDINGS LIMITED

RTP SOLUTIONS HOLDINGS LIMITED (REGISTERED NUMBER: 11468434)

Contents of the Financial Statements
for the year ended 31 July 2024










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


RTP SOLUTIONS HOLDINGS LIMITED

Company Information
for the year ended 31 July 2024







Directors: T E S Long
F A Lee





Registered office: 1 Princeton Court
53-55 Felsham Road
London
SW15 1AZ





Registered number: 11468434 (England and Wales)





Accountants: Cooper Parry Advisory Limited
Aissela
46 High Street
Esher
Surrey
KT10 9QY

RTP SOLUTIONS HOLDINGS LIMITED (REGISTERED NUMBER: 11468434)

Balance Sheet
31 July 2024

2024 2023
Notes £ £ £ £
Fixed assets
Investments 4 2,985,019 2,643,119

Current assets
Debtors 5 197,537 142,690
Cash at bank 872 2,343
198,409 145,033
Creditors
Amounts falling due within one year 6 1,054,923 661,061
Net current liabilities (856,514 ) (516,028 )
Total assets less current liabilities 2,128,505 2,127,091

Capital and reserves
Called up share capital 7 100 100
Share premium 314,980 314,980
Other reserves 997,175 997,175
Retained earnings 816,250 814,836
Shareholders' funds 2,128,505 2,127,091

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 July 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 profit or loss 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 Profit and Loss Account has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 4 February 2025 and were signed on its behalf by:





T E S Long - Director


RTP SOLUTIONS HOLDINGS LIMITED (REGISTERED NUMBER: 11468434)

Notes to the Financial Statements
for the year ended 31 July 2024


1. Statutory information

RTP Solutions Holdings Limited is a private company, limited by shares , 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.

Going concern
The financial statements have been prepared on a going concern basis. The directors have reviewed and considered relevant information, including the annual budget and future cash flows in making their assessment.

Preparation of consolidated financial statements
The financial statements contain information about RTP Solutions Holdings Limited as an individual company and do not contain consolidated financial information as the parent of a group. The company is exempt under Section 399(2A) of the Companies Act 2006 from the requirements to prepare consolidated financial statements.

Related party exemption
The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

Key source of estimation, uncertainty and judgement
The preparation of financial statements in conformity with generally accepted accounting practice requires management to make estimates and judgement that affect the reported amounts of assets and liabilities as well as the disclosure of contingent assets and liabilities at the balance sheet date and the reported amounts of revenues and expenses during the reporting period.

There is estimation uncertainty in calculating depreciation. A full line by line review of fixed assets is carried out by management regularly. Whilst every attempt is made to ensure that the depreciation policy is as accurate as possible, there remains a risk that the policy does not match the useful life of the assets.

There is estimation uncertainty in calculating deferred tax. A full line by line review of deferred tax is carried out by management regularly. Whilst every attempt is made to ensure that the deferred tax is as accurate as possible, there remains a risk that the provisions do not match the actual tax liability when asset is disposed of.

There is estimation uncertainty in calculating bad debt provisions. A full line by line review of trade debtors is carried out at the end of each month. Whilst every attempt is made to ensure that the bad debt provisions are as accurate as possible, there remains a risk that the provisions do not match the level of debts which ultimately prove to be uncollectable.

Investments in subsidiaries
Investments in subsidiary undertakings are recognised at cost.

RTP SOLUTIONS HOLDINGS LIMITED (REGISTERED NUMBER: 11468434)

Notes to the Financial Statements - continued
for the year ended 31 July 2024


2. Accounting policies - continued

Financial instruments
Financial assets and financial liabilities are recognised in the balance sheet when the company becomes a party to the contractual provisions of the instrument.

Trade and other debtors and creditors are classified as basic financial instruments and measured at initial recognition at transaction price. Debtors and creditors are subsequently measured at amortised cost using the effective interest rate method. A provision is established when there is objective evidence that the company will not be able to collect all amounts due.

Cash and cash equivalents are classified as basic financial instruments and comprise cash in hand and at bank and bank overdrafts.

Financial liabilities and equity instruments issued by the company are classified in accordance with the substance of the contractual arrangements entered into and the definitions of a financial liability and an equity instrument. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities. Equity instruments issued by the company are recorded at the proceeds received, net of direct issue costs.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Profit and Loss Account, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

3. Employees and directors

The average number of employees during the year was 3 (2023 - 3 ) .

4. Fixed asset investments
Shares in
group
undertakings
£
Cost
At 1 August 2023 2,643,119
Additions 342,000
Disposals (100 )
At 31 July 2024 2,985,019
Net book value
At 31 July 2024 2,985,019
At 31 July 2023 2,643,119

5. Debtors: amounts falling due within one year
2024 2023
£ £
Amounts owed by participating interests 23,616 56,631
Other debtors 173,921 86,059
197,537 142,690

RTP SOLUTIONS HOLDINGS LIMITED (REGISTERED NUMBER: 11468434)

Notes to the Financial Statements - continued
for the year ended 31 July 2024


6. Creditors: amounts falling due within one year
2024 2023
£ £
Amounts owed to group undertakings 704,992 633,805
Taxation and social security 25,706 25,206
Other creditors 324,225 2,050
1,054,923 661,061

7. Called up share capital

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £ £
75 Ordinary A £1 75 75
20 Ordinary B £1 20 20
5 Ordinary C £1 5 5
100 100