381 SOUTHWARK PARK ROAD RTM COMPANY LIMITED

Company limited by guarantee

Company Registration Number:
11503768 (England and Wales)

Unaudited micro entity accounts for the year ended 31 December 2024

Period of accounts

Start date: 01 September 2023

End date: 31 December 2024

381 SOUTHWARK PARK ROAD RTM COMPANY LIMITED

Company limited by guarantee

Contents of the Financial Statements

for the Period Ended 31 December 2024

Company Information - 3
Report of the Directors - 4
Income and Expenditure Account - 5
Balance sheet - 6
Footnotes to the Balance Sheet - 8

381 SOUTHWARK PARK ROAD RTM COMPANY LIMITED

Company limited by guarantee

Company Information

for the Period Ended 31 December 2024




Director: Ian Bacon
Laura Mackie
Gloria Chan
Noel Garcia Lagrenee
Registered office: 30
Webster Road
London
England
SE16 4DF
Company Registration Number: 11503768 (England and Wales)

381 SOUTHWARK PARK ROAD RTM COMPANY LIMITED

Company limited by guarantee

Directors' Report Period Ended 31 December 2024

The directors present their report with the financial statements of the company for the period ended 31 December 2024

Additional information

The Company proceeded to trial in its ongoing dispute with Click St Andrews Limited and Click Group Holdings Limited in late February 2024 for three weeks receiving a successful judgment on 11 December 2024. The total claimed amount was awarded with cost awarded on an indemnity basis. As of the balance sheet date no recoveries have been received, and enforcement actions will continue for the foreseeable future. As of the balance sheet date the total value of the claims and awards are reflected in the accounts, amplifying the both the asset and liability side of the balance sheet to reflect the awarded recovery against the outgoing awards, due to the RTM acting as nominee for the leaseholders and company members. During the accounting period the Company also acquired the freehold of St Andrews House and is now responsible for the ongoing maintenance and management of the building. With an extensive backlog of repairs and maintenance due to the abandonment of those responsibilities by Click St Andrews Limited in October 2022 there will be higher than normal costs going forward with the likely need for Section 20 works notices being required.

Directors

The directors shown below have held office during the whole of the period from 01 September 2023 to 31 December 2024
Ian Bacon
Laura Mackie
Gloria Chan
Noel Garcia Lagrenee

This report was approved by the board of directors on 29 August 2025
And Signed On Behalf Of The Board By:

Name: Ian Bacon
Status: Director

Name: Laura Mackie
Status: Director

381 SOUTHWARK PARK ROAD RTM COMPANY LIMITED

Company limited by guarantee

Income and Expenditure Account

for the Period Ended 31 December 2024

16 months to
31 Dec 2024
£

2023
£
Turnover 424,052 258,687
Cost of Materials ( 24,443 ) ( 2,507 )
Depreciation and Writeoffs ( 8 ) -
Other charges ( 389,127 ) ( 328,032 )
Tax on surplus ( 0 ) ( 0 )
Surplus or (Deficit) for Period 10,474 ( 71,852 )

381 SOUTHWARK PARK ROAD RTM COMPANY LIMITED

Company limited by guarantee

Balance sheet

As at 31 December 2024

16 months to
31 Dec 2024
£

2023
£
Fixed Assets: 65
Current assets: 7,954 157,540
Prepayments and accrued income: 2,789,501 40,337
Creditors: amounts falling due within one year: ( 5,884 ) ( 1,562 )
Net current assets (liabilities): 2,791,571 196,315
Total assets less current liabilities: 2,791,636 196,315
Creditors: amounts falling due after more than one year: ( 2,420,104 ) ( 0 )
Provision for liabilities: ( 71,177 ) ( 66,434 )
Accruals and deferred income: ( 361,733 ) ( 201,733 )
Total net assets (liabilities): ( 61,378 ) ( 71,852 )
Reserves: ( 61,378 ) ( 71,852 )

381 SOUTHWARK PARK ROAD RTM COMPANY LIMITED

Company limited by guarantee

Balance sheet continued

For the year ending 31 December 2024 the company was entitled to exemption 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 of the small companies regime applicable to micro-entities.

This report was approved by the board of directors on 29 August 2025
And Signed On Behalf Of The Board By:

Name: Ian Bacon
Status: Director

Name: Laura Mackie
Status: Director

The notes form part of these financial statements

381 SOUTHWARK PARK ROAD RTM COMPANY LIMITED

Company limited by guarantee

Footnotes to the Financial Statements

for the Period Ended 31 December 2024

  • 1. Employee Information

    Average number of employees: 0

381 SOUTHWARK PARK ROAD RTM COMPANY LIMITED

Company limited by guarantee

Footnotes to the Financial Statements

for the Period Ended 31 December 2024

  • 2. Off balance sheet disclosure

    No