Registered number
07439941
2 Masterman Road RTM Ltd
Filleted Accounts
30 November 2024
2 Masterman Road RTM Ltd
Registered number: 07439941
Balance Sheet
as at 30 November 2024
Notes 2024 2023
£ £
Current assets
Cash at bank and in hand 6,285 4,839
Creditors: amounts falling due within one year 3 (6,185) (4,739)
Net current assets 100 100
Net assets 100 100
Capital and reserves
Called up share capital 100 100
Profit and loss account - -
Shareholders' funds 100 100
The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
Mr G Yates
Director
Approved by the board on 26 March 2025
2 Masterman Road RTM Ltd
Notes to the Accounts
for the year ended 30 November 2024
1 Accounting policies
Basis of preparation
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).
Turnover
Turnover represents the value of ground rent and management charges.
Creditors
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.
Taxation
A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.
2 Employees 2024 2023
Number Number
Average number of persons employed by the company 3 3
3 Creditors: amounts falling due within one year 2024 2023
£ £
Other creditors 6,185 4,739
4 Other information
2 Masterman Road RTM Ltd is a private company limited by shares and incorporated in England. Its registered office is:
38 Hotham Place
Plymouth
Devon
PL1 5NF
2 Masterman Road RTM Ltd 07439941 false 2023-12-01 2024-11-30 2024-11-30 VT Final Accounts July 2024 Mr G Yates No description of principal activity 07439941 2022-12-01 2023-11-30 07439941 core:WithinOneYear 2023-11-30 07439941 core:ShareCapital 2023-11-30 07439941 core:RetainedEarningsAccumulatedLosses 2023-11-30 07439941 2023-12-01 2024-11-30 07439941 bus:PrivateLimitedCompanyLtd 2023-12-01 2024-11-30 07439941 bus:AuditExemptWithAccountantsReport 2023-12-01 2024-11-30 07439941 bus:Director40 2023-12-01 2024-11-30 07439941 2 2023-12-01 2024-11-30 07439941 countries:England 2023-12-01 2024-11-30 07439941 bus:FRS102 2023-12-01 2024-11-30 07439941 bus:FilletedAccounts 2023-12-01 2024-11-30 07439941 2024-11-30 07439941 core:WithinOneYear 2024-11-30 07439941 core:ShareCapital 2024-11-30 07439941 core:RetainedEarningsAccumulatedLosses 2024-11-30 07439941 2023-11-30 iso4217:GBP xbrli:pure