Company Registration No. 05377627 (England and Wales)
RTCP Limited
Unaudited accounts
for the year ended 31 December 2024
RTCP Limited
Unaudited accounts
Contents
RTCP Limited
Company Information
for the year ended 31 December 2024
Company Number
05377627 (England and Wales)
Registered Office
75 Whitegate Gardens
Harrow
Middlesex
HA3 6BW
England
Accountants
Proficient Accountants
85 Great Portland Street
First Floor
London
W1W 7LT
RTCP Limited
Statement of financial position
as at 31 December 2024
Intangible assets
25,500
51,000
Tangible assets
3,434
29,210
Cash at bank and in hand
137,893
66,315
Creditors: amounts falling due within one year
(200,540)
(222,159)
Net current assets/(liabilities)
41,572
(60,123)
Called up share capital
20,000
20,000
Profit and loss account
50,506
87
Shareholders' funds
70,506
20,087
For the year ending 31 December 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 director acknowledges his 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 and authorised for issue on 30 January 2025 and were signed on its behalf by
Michel Lamaa
Director
Company Registration No. 05377627
RTCP Limited
Notes to the Accounts
for the year ended 31 December 2024
RTCP Limited is a private company, limited by shares, registered in England and Wales, registration number 05377627. The registered office is 75 Whitegate Gardens, Harrow, Middlesex, HA3 6BW, England.
2
Compliance with accounting standards
The financial statements have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
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.
The financial statements have been prepared on the historical cost basis,.
The financial statements are presented in sterling, which is the functional currency of the entity.
Turnover is measured at the fair value of the consideration received or receivable and represents amounts receivable for goods supplied and services rendered, stated net of discounts and VAT
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:
Motor vehicles
25% reducing balance
Fixtures & fittings
15% reducing balance
Intangible fixed assets and amortisation
Amortisation is calculated so as to write off the cost of an asset, less its estimated residual value, over the useful life of that asset as follows:
Goodwill - 10% straight line
If there is an indication that there has been significant change in amortisation rate, useful life or residual value of an intangible asset, the amortisation is revised prospectively to reflect the new estimates.
RTCP Limited
Notes to the Accounts
for the year ended 31 December 2024
4
Intangible fixed assets
Goodwill
At 31 December 2024
510,000
Charge for the year
25,500
At 31 December 2024
484,500
At 31 December 2024
25,500
At 31 December 2023
51,000
5
Tangible fixed assets
Land & buildings
Motor vehicles
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At cost
At 1 January 2024
1,000
47,709
53,315
102,024
Disposals
-
(47,709)
-
(47,709)
At 31 December 2024
1,000
-
53,315
54,315
At 1 January 2024
-
22,363
50,451
72,814
Charge for the year
-
-
430
430
On disposals
-
(22,363)
-
(22,363)
At 31 December 2024
-
-
50,881
50,881
At 31 December 2024
1,000
-
2,434
3,434
At 31 December 2023
1,000
25,346
2,864
29,210
Amounts falling due within one year
Trade debtors
43,824
47,058
Accrued income and prepayments
11,938
-
RTCP Limited
Notes to the Accounts
for the year ended 31 December 2024
7
Creditors: amounts falling due within one year
2024
2023
Trade creditors
63,568
59,323
Taxes and social security
25,179
32,844
Loans from directors
72,614
119,581
8
Transactions with related parties
Included in other creditors is an amount of £72,614 (2023: £119,581) due to the director and shareholder of the company. There are no terms as to interest or repayment in respect of this balance.
9
Average number of employees
During the year the average number of employees was 4 (2023: 6).