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REGISTERED NUMBER: 07631929 (England and Wales)











UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

FOR

RENT A ROOM LIMITED

RENT A ROOM LIMITED (REGISTERED NUMBER: 07631929)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


RENT A ROOM LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 MARCH 2025







DIRECTORS: Mrs J S Standen
O Fetter





REGISTERED OFFICE: 29 Arboretum Street
Nottingham
Nottinghamshire
NG1 4JA





REGISTERED NUMBER: 07631929 (England and Wales)





ACCOUNTANTS: Lemans
29 Arboretum Street
Nottingham
Nottinghamshire
NG1 4JA

RENT A ROOM LIMITED (REGISTERED NUMBER: 07631929)

BALANCE SHEET
31 MARCH 2025

31.3.25 31.3.24
Notes £    £    £   
FIXED ASSETS
Intangible assets 4 - -
Tangible assets 5 61,372 180,330
61,372 180,330

CURRENT ASSETS
Debtors 6 3,254 4,323
Cash at bank 5,246 2,638
8,500 6,961
CREDITORS
Amounts falling due within one year 7 82,538 228,615
NET CURRENT LIABILITIES (74,038 ) (221,654 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

(12,666

)

(41,324

)

CAPITAL AND RESERVES
Called up share capital 8 2 2
Retained earnings (12,668 ) (41,326 )
SHAREHOLDERS' FUNDS (12,666 ) (41,324 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 4 June 2025 and were signed on its behalf by:



O Fetter - Director


RENT A ROOM LIMITED (REGISTERED NUMBER: 07631929)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025

1. STATUTORY INFORMATION

Rent a Room Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

The presentation currency of the financial statements is the Pound Sterling (£).


2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover represents rents receivable.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Patents and licences are being amortised evenly over their estimated useful life of nil years.

Franchise fee
Franchise fees are amortised over the life of the franchise term (5 years).

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Refurbishment costs - 2% on cost
Furniture and fittings - 20% on cost
Computer equipment - 33% on cost

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

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.

RENT A ROOM LIMITED (REGISTERED NUMBER: 07631929)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2025

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2024 - NIL).

4. INTANGIBLE FIXED ASSETS
Patents
and
licences
£   
COST
At 1 April 2024
and 31 March 2025 63,564
AMORTISATION
At 1 April 2024
and 31 March 2025 63,564
NET BOOK VALUE
At 31 March 2025 -
At 31 March 2024 -

5. TANGIBLE FIXED ASSETS
Furniture
Refurbishment and Computer
costs fittings equipment Totals
£    £    £    £   
COST
At 1 April 2024 279,584 109,756 5,056 394,396
Disposals (202,870 ) (79,335 ) - (282,205 )
At 31 March 2025 76,714 30,421 5,056 112,191
DEPRECIATION
At 1 April 2024 99,254 109,756 5,056 214,066
Charge for year 1,534 - - 1,534
Eliminated on disposal (85,446 ) (79,335 ) - (164,781 )
At 31 March 2025 15,342 30,421 5,056 50,819
NET BOOK VALUE
At 31 March 2025 61,372 - - 61,372
At 31 March 2024 180,330 - - 180,330

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.25 31.3.24
£    £   
Trade debtors - 158
Prepayments 3,254 4,165
3,254 4,323

RENT A ROOM LIMITED (REGISTERED NUMBER: 07631929)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2025

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.25 31.3.24
£    £   
Corporation tax 9,293 3,607
Directors' current accounts 70,175 221,972
Accrued expenses 3,070 3,036
82,538 228,615

8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.3.25 31.3.24
value: £    £   
1 Ordinary A Share £1 1 1
1 Ordinary B Share £1 1 1
2 2