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REGISTERED NUMBER: 03712305 (England and Wales)














RTS PROPERTIES LTD

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 29 FEBRUARY 2024






RTS PROPERTIES LTD (REGISTERED NUMBER: 03712305)






CONTENTS OF THE FINANCIAL STATEMENTS
for the Year Ended 29 FEBRUARY 2024




Page

Company Information 1

Abridged Balance Sheet 2

Notes to the Financial Statements 4


RTS PROPERTIES LTD

COMPANY INFORMATION
for the Year Ended 29 FEBRUARY 2024







DIRECTOR: P Bramley





REGISTERED OFFICE: 167 Turners Hill
Cheshunt
Hertfordshire
EN8 9BH





REGISTERED NUMBER: 03712305 (England and Wales)





ACCOUNTANTS: Brindley Jacob
Chartered Accountants
167 Turners Hill
Cheshunt
Hertfordshire
EN8 9BH

RTS PROPERTIES LTD (REGISTERED NUMBER: 03712305)

ABRIDGED BALANCE SHEET
29 FEBRUARY 2024

29.2.24 28.2.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 632,872 632,872
Investments 5 100 100
632,972 632,972

CURRENT ASSETS
Debtors - 430,018
Cash at bank 15 75
15 430,093
CREDITORS
Amounts falling due within one year 364,732 657,379
NET CURRENT LIABILITIES (364,717 ) (227,286 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

268,255

405,686

CAPITAL AND RESERVES
Called up share capital 12 2
Retained earnings 268,243 405,684
SHAREHOLDERS' FUNDS 268,255 405,686

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 29 February 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 29 February 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 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.

RTS PROPERTIES LTD (REGISTERED NUMBER: 03712305)

ABRIDGED BALANCE SHEET - continued
29 FEBRUARY 2024


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

All the members have consented to the preparation of an abridged Balance Sheet for the year ended 29 February 2024 in accordance with Section 444(2A) of the Companies Act 2006.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 14 February 2025 and were signed by:





Ms V MacKaill - Director


RTS PROPERTIES LTD (REGISTERED NUMBER: 03712305)

NOTES TO THE FINANCIAL STATEMENTS
for the Year Ended 29 FEBRUARY 2024

1. STATUTORY INFORMATION

RTS Properties Ltd 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.

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.

Tangible fixed assets
No depreciation is provided in respect of freehold investment property.


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

3. EMPLOYEES AND DIRECTORS

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

4. TANGIBLE FIXED ASSETS
Totals
£   
COST
At 1 March 2023
and 29 February 2024 632,872
NET BOOK VALUE
At 29 February 2024 632,872
At 28 February 2023 632,872

5. FIXED ASSET INVESTMENTS

Information on investments other than loans is as follows:
Totals
£   
COST
At 1 March 2023
and 29 February 2024 100
NET BOOK VALUE
At 29 February 2024 100
At 28 February 2023 100