Acorah Software Products - Accounts Production 16.3.350 false true 31 August 2023 1 September 2022 false 1 September 2023 31 August 2024 31 August 2024 12560173 Miss Wendy Clarke Mr Richard Linden TRGC Group Limited true iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 12560173 2023-08-31 12560173 2024-08-31 12560173 2023-09-01 2024-08-31 12560173 frs-core:CurrentFinancialInstruments 2024-08-31 12560173 frs-core:ShareCapital 2024-08-31 12560173 frs-core:RetainedEarningsAccumulatedLosses 2024-08-31 12560173 frs-bus:PrivateLimitedCompanyLtd 2023-09-01 2024-08-31 12560173 frs-bus:FilletedAccounts 2023-09-01 2024-08-31 12560173 frs-bus:SmallEntities 2023-09-01 2024-08-31 12560173 frs-bus:AuditExempt-NoAccountantsReport 2023-09-01 2024-08-31 12560173 frs-bus:SmallCompaniesRegimeForAccounts 2023-09-01 2024-08-31 12560173 1 2023-09-01 2024-08-31 12560173 frs-bus:Director1 2023-09-01 2024-08-31 12560173 frs-bus:Director2 2023-09-01 2024-08-31 12560173 frs-core:CurrentFinancialInstruments 1 2024-08-31 12560173 frs-countries:EnglandWales 2023-09-01 2024-08-31 12560173 2022-08-31 12560173 2023-08-31 12560173 2022-09-01 2023-08-31 12560173 frs-core:CurrentFinancialInstruments 2023-08-31 12560173 frs-core:ShareCapital 2023-08-31 12560173 frs-core:RetainedEarningsAccumulatedLosses 2023-08-31 12560173 frs-core:CurrentFinancialInstruments 1 2023-08-31
Registered number: 12560173
The Rent Guarantee Company One Ltd
Unaudited Financial Statements
For The Year Ended 31 August 2024
Contents
Page
Balance Sheet 1
Notes to the Financial Statements 2
Page 1
Balance Sheet
Registered number: 12560173
2024 2023
Notes £ £ £ £
CURRENT ASSETS
Debtors 4 760,859 124,475
Cash at bank and in hand 99,062 417,815
859,921 542,290
Creditors: Amounts Falling Due Within One Year 5 (11,541 ) (71,596 )
NET CURRENT ASSETS (LIABILITIES) 848,380 470,694
TOTAL ASSETS LESS CURRENT LIABILITIES 848,380 470,694
NET ASSETS 848,380 470,694
CAPITAL AND RESERVES
Called up share capital 6 100 100
Profit and Loss Account 848,280 470,594
SHAREHOLDERS' FUNDS 848,380 470,694
For the year ending 31 August 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.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
Miss Wendy Clarke
Director
19/05/2025
The notes on page 2 form part of these financial statements.
Page 1
Page 2
Notes to the Financial Statements
1. General Information
The Rent Guarantee Company One Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 12560173 . The registered office is 30 London Road, Sawbridgeworth, Hertfordshire, CM21 9JS.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. Turnover
Turnover represents the invoiced value of goods and services supplied by the company, net of value added tax and trade discounts.

2.3. Taxation
Taxation represents the sum of tax currently payable and deferred tax. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the accounting period. Deferred tax is recognised on all timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on the tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period.
3. Average Number of Employees
Average number of employees, including directors, during the year was: NIL (2023: NIL)
- -
4. Debtors
2024 2023
£ £
Due within one year
Trade debtors 77,986 81,690
Prepayments and accrued income 36,834 35,541
The Rent Guarantee Company Limited 288,328 7,244
TRGC Propco Limited 357,711 -
760,859 124,475
5. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 3,761 16,324
Corporation tax - 49,640
Accruals and deferred income 7,780 5,632
11,541 71,596
6. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 100 100
7. Ultimate Controlling Party
The company's ultimate controlling party is TRGC Group Limited by virtue of his ownership of 100% of the issued share capital in the company.
Page 2