0 0 House Seven - Kipling Terrace RTM Company Limited 04913209 false 2024-04-01 2025-03-31 2025-03-31 The principal activity of the company is to manage the premises at House Seven - Kipling Terrace, Westward Ho! Bideford, Devon under the provisions of the Commonhold & Leasehold Reform Act 2002. Digita Accounts Production Advanced 6.30.9574.0 true 04913209 2024-04-01 2025-03-31 04913209 2025-03-31 04913209 core:CurrentFinancialInstruments 2025-03-31 04913209 core:CurrentFinancialInstruments core:WithinOneYear 2025-03-31 04913209 bus:SmallEntities 2024-04-01 2025-03-31 04913209 bus:AuditExemptWithAccountantsReport 2024-04-01 2025-03-31 04913209 bus:FilletedAccounts 2024-04-01 2025-03-31 04913209 bus:SmallCompaniesRegimeForAccounts 2024-04-01 2025-03-31 04913209 bus:RegisteredOffice 2024-04-01 2025-03-31 04913209 bus:Director4 2024-04-01 2025-03-31 04913209 bus:Director7 2024-04-01 2025-03-31 04913209 bus:PrivateLimitedCompanyLtd 2024-04-01 2025-03-31 04913209 countries:EnglandWales 2024-04-01 2025-03-31 04913209 2023-04-01 2024-03-31 04913209 2024-03-31 04913209 core:CurrentFinancialInstruments 2024-03-31 04913209 core:CurrentFinancialInstruments core:WithinOneYear 2024-03-31 xbrli:pure iso4217:GBP

Registration number: 04913209

House Seven - Kipling Terrace RTM Company Limited

trading as Company limited by guarantee

Annual Report and Unaudited Financial Statements

for the year ended 31 March 2025

 

House Seven - Kipling Terrace RTM Company Limited

trading as Company limited by guarantee

Contents

Balance Sheet

1

Notes to the Unaudited Financial Statements

2 to 4

 

House Seven - Kipling Terrace RTM Company Limited

trading as Company limited by guarantee

(Registration number: 04913209)
Balance Sheet as at 31 March 2025

Note

2025
£

2024
£

Current assets

 

Debtors

4

1,814

932

Cash at bank and in hand

 

5,949

5,866

 

7,763

6,798

Creditors: Amounts falling due within one year

5

(7,763)

(6,798)

Net assets/(liabilities)

 

-

-

Capital and Reserves

 

Shareholders' funds/(deficit)

 

-

-

For the financial year ending 31 March 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the Board on 10 June 2025 and signed on its behalf by:


C T H Caplowe
Director


T Savage
Director

 

House Seven - Kipling Terrace RTM Company Limited

trading as Company limited by guarantee

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2025

1

General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
Tree Tops
St Catherines
Hook Heath
WOKING
Surrey
GU22 0HW

These financial statements were authorised for issue by the Board on 10 June 2025.

2

Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

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'.

Basis of preparation

These financial statements have been prepared under the historical cost convention on a going concern basis.

Revenue recognition

Turnover represents the contributions recoverable from the leaseholders to meet the expenses incurred by the company.

Share capital

The company is a private company limited by guarantee and consequently does not have share capital. Each of the members is liable to contribute an amount not exceeding £1 towards the assets of the company in the event of liquidation.

 

House Seven - Kipling Terrace RTM Company Limited

trading as Company limited by guarantee

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2025 (continued)

2

Accounting policies (continued)

Financial instruments

Recognition and measurement
The company only enters into basic financial instruments transactions that result in the recognition of financial assets and liabilities like creditors, debtors, leaseholders' current accounts and bank balances.
 Impairment
At the end of each reporting period financial assets measured at amortised cost are assessed for objective evidence of impairment. If an asset is impaired the impairment loss is the difference between the carrying amount and the present value of the estimated cash flows discounted at the asset’s original effective interest rate. The impairment loss is recognised in profit or loss.

If there is decrease in the impairment loss arising from an event occurring after the impairment was recognised, the impairment is reversed. The reversal is such that the current carrying amount does not exceed what the carrying amount would have been had the impairment not previously been recognised. The impairment reversal is recognised in profit or loss.

3

Staff numbers

The average number of persons employed by the company (including directors under service contract) during the year, was 0 (2024 - 0).

4

Debtors

2025
£

2024
£

Prepayments

1,814

932

1,814

932

 

House Seven - Kipling Terrace RTM Company Limited

trading as Company limited by guarantee

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2025 (continued)

5

Creditors

2025
£

2024
£

Due within one year

Accruals and deferred income

661

630

Other creditors

7,102

6,168

7,763

6,798

6

Related party transactions

Each director is the owner of a flat at House 7, Kipling Terrace and liable to pay a proportional contribution to the company's expenses.