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Company Registration No. 12973662 (England and Wales)
RTC MERCHANTS LIMITED Unaudited accounts for the year ended 31 December 2024
RTC MERCHANTS LIMITED Unaudited accounts Contents
Page
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RTC MERCHANTS LIMITED Company Information for the year ended 31 December 2024
Directors
BEHAN, James COCKRAM, Roger James
Company Number
12973662 (England and Wales)
Registered Office
C/O ADDITION FINANCIAL LIMITED 1 LYRIC SQUARE LONDON W6 0NB UNITED KINGDOM
Accountants
Addition Financial Limited The Office Group 1 Lyric Square Hammersmith London W6 0NB
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RTC MERCHANTS LIMITED Statement of financial position as at 31 December 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Intangible assets
- 
10,377 
Tangible assets
12,163 
18,509 
12,163 
28,886 
Current assets
Debtors
6,230 
11,022 
Cash at bank and in hand
333 
2,214 
6,563 
13,236 
Creditors: amounts falling due within one year
(7,133)
(10,670)
Net current (liabilities)/assets
(570)
2,566 
Total assets less current liabilities
11,593 
31,452 
Creditors: amounts falling due after more than one year
(330,000)
(330,000)
Net liabilities
(318,407)
(298,548)
Capital and reserves
Called up share capital
100 
100 
Share premium
20,000 
- 
Profit and loss account
(338,507)
(298,648)
Shareholders' funds
(318,407)
(298,548)
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 directors acknowledge their 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 of Directors and authorised for issue on 25 February 2025 and were signed on its behalf by
BEHAN, James Director Company Registration No. 12973662
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RTC MERCHANTS LIMITED Notes to the Accounts for the year ended 31 December 2024
1
Statutory information
RTC MERCHANTS LIMITED is a private company, limited by shares, registered in England and Wales, registration number 12973662. The registered office is C/O ADDITION FINANCIAL LIMITED, 1 LYRIC SQUARE, LONDON, W6 0NB, UNITED KINGDOM.
2
Compliance with accounting standards
The accounts 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 accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
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:
Computer equipment
5
Intangible fixed assets
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
4
Intangible fixed assets
Other 
£ 
Cost
At 1 January 2024
10,377 
Disposals
(10,377)
At 31 December 2024
- 
Amortisation
At 1 January 2024
- 
At 31 December 2024
- 
Net book value
At 31 December 2024
- 
At 31 December 2023
10,377 
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RTC MERCHANTS LIMITED Notes to the Accounts for the year ended 31 December 2024
5
Tangible fixed assets
Computer equipment 
£ 
Cost or valuation
At cost 
At 1 January 2024
39,000 
At 31 December 2024
39,000 
Depreciation
At 1 January 2024
20,491 
Charge for the year
6,346 
At 31 December 2024
26,837 
Net book value
At 31 December 2024
12,163 
At 31 December 2023
18,509 
6
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
VAT
1,858 
5,723 
Trade debtors
34 
- 
Accrued income and prepayments
181 
1,799 
Other debtors
4,157 
3,500 
6,230 
11,022 
7
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Trade creditors
1,866 
3,235 
Loans from directors
5,267 
7,435 
7,133 
10,670 
8
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Loans from directors
330,000 
330,000 
9
Average number of employees
During the year the average number of employees was 0 (2023: 0).
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