1 January 2024 false No description of principal activity Taxfiler 2024.6 05377627business:PrivateLimitedCompanyLtd2024-01-012024-12-31 053776272023-12-31 053776272024-01-012024-12-31 05377627business:AuditExemptWithAccountantsReport2024-01-012024-12-31 05377627business:FilletedAccounts2024-01-012024-12-31 053776272024-12-31 05377627business:Director12024-01-012024-12-31 05377627business:RegisteredOffice2024-01-012024-12-31 053776272023-12-31 05377627core:WithinOneYear2024-12-31 05377627core:WithinOneYear2023-12-31 05377627core:ShareCapitalcore:PreviouslyStatedAmount2024-12-31 05377627core:ShareCapitalcore:PreviouslyStatedAmount2023-12-31 05377627core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2024-12-31 05377627core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-12-31 05377627core:PreviouslyStatedAmount2024-12-31 05377627core:PreviouslyStatedAmount2023-12-31 05377627business:SmallEntities2024-01-012024-12-31 05377627countries:EnglandWales2024-01-012024-12-31 05377627core:MotorVehicles2024-01-012024-12-31 05377627core:FurnitureFittings2024-01-012024-12-31 05377627core:Goodwill2023-12-31 05377627core:Goodwill2024-12-31 05377627core:Goodwill2024-01-012024-12-31 05377627core:LandBuildings2023-12-31 05377627core:MotorVehicles2023-12-31 05377627core:FurnitureFittings2023-12-31 05377627core:LandBuildings2024-01-012024-12-31 05377627core:LandBuildings2024-12-31 05377627core:MotorVehicles2024-12-31 05377627core:FurnitureFittings2024-12-31 053776272023-01-012023-12-31 iso4217:GBP xbrli:pure
Company Registration No. 05377627 (England and Wales)
RTCP Limited Unaudited accounts for the year ended 31 December 2024
RTCP Limited Unaudited accounts Contents
Page
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RTCP Limited Company Information for the year ended 31 December 2024
Director
Michel Lamaa
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
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RTCP Limited Statement of financial position as at 31 December 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Intangible assets
25,500 
51,000 
Tangible assets
3,434 
29,210 
28,934 
80,210 
Current assets
Inventories
26,157 
28,157 
Debtors
78,062 
67,564 
Cash at bank and in hand
137,893 
66,315 
242,112 
162,036 
Creditors: amounts falling due within one year
(200,540)
(222,159)
Net current assets/(liabilities)
41,572 
(60,123)
Net assets
70,506 
20,087 
Capital and reserves
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
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RTCP Limited Notes to the Accounts for the year ended 31 December 2024
1
Statutory information
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.
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 financial statements have been prepared on the historical cost basis,.
Presentation currency
The financial statements are presented in sterling, which is the functional currency of the entity.
Turnover
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.
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RTCP Limited Notes to the Accounts for the year ended 31 December 2024
4
Intangible fixed assets
Goodwill 
£ 
Cost
At 1 January 2024
510,000 
At 31 December 2024
510,000 
Amortisation
At 1 January 2024
459,000 
Charge for the year
25,500 
At 31 December 2024
484,500 
Net book value
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 
Depreciation
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 
Net book value
At 31 December 2024
1,000 
- 
2,434 
3,434 
At 31 December 2023
1,000 
25,346 
2,864 
29,210 
6
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
VAT
22,300 
20,506 
Trade debtors
43,824 
47,058 
Accrued income and prepayments
11,938 
- 
78,062 
67,564 
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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 
Other creditors
429 
411 
Loans from directors
72,614 
119,581 
Accruals
38,750 
10,000 
200,540 
222,159 
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).
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