Registration number:
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House Seven - Kipling Terrace RTM Company Limited |
House Seven - Kipling Terrace RTM Company Limited
trading as Company limited by guarantee
Contents
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Balance Sheet |
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Notes to the Unaudited Financial Statements |
House Seven - Kipling Terrace RTM Company Limited
trading as Company limited by guarantee
(Registration number: 04913209)
Balance Sheet as at 31 March 2025
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2024 |
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Current assets |
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Debtors |
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Cash at bank and in hand |
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Creditors: Amounts falling due within one year |
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Net assets/(liabilities) |
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Capital and Reserves |
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Shareholders' funds/(deficit) |
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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:
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The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts. |
Approved and authorised by the
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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
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General information |
The company is a private company limited by share capital, incorporated in England and Wales.
The address of its registered office is:
These financial statements were authorised for issue by the
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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)
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Accounting policies (continued) |
Financial instruments
Recognition and measurement
Impairment
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.
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Staff numbers |
The average number of persons employed by the company (including directors under service contract) during the year, was
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Debtors |
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2024 |
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Prepayments |
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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)
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Creditors |
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2025 |
2024 |
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Due within one year |
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Accruals and deferred income |
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Other creditors |
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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.