RHTL HT Limited Filleted accounts for Companies House (small and micro)

COMPANY REGISTRATION NUMBER: 15466434

RHTL HT Limited

Filleted Unaudited Financial Statements

31 March 2025

RHTL HT Limited

Financial Statements

Period from 5 February 2024 to 31 March 2025

Contents	Page

Statement of financial position	1

Notes to the financial statements	3

RHTL HT Limited

Statement of Financial Position

31 March 2025

	31 Mar 25
Note	£

Fixed assets

Tangible assets	5	958,000

Current assets

Cash at bank and in hand	11,524

Creditors: amounts falling due within one year	6	496,729
		---------
Net current liabilities		485,205
		---------
Total assets less current liabilities		472,795

Creditors: amounts falling due after more than one year	7	710,817
		---------
Net liabilities		( 238,022)
		---------

Capital and reserves

Called up share capital	100
Profit and loss account	( 238,122)
	---------
Shareholders deficit	( 238,022)
	---------

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

In accordance with section 444 of the Companies Act 2006, the statement of comprehensive income has not been delivered.

For the period 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 financial statements for the period in question in accordance with section 476 ;

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

RHTL HT Limited

Statement of Financial Position (continued)

31 March 2025

These financial statements were approved by the board of directors and authorised for issue on 5 November 2025 , and are signed on behalf of the board by:

Mr L Reeves

Director

Company registration number: 15466434

RHTL HT Limited

Notes to the Financial Statements

Period from 5 February 2024 to 31 March 2025

1. General information

The company is a private company limited by shares, registered in England and Wales. The address of the registered office is Camburgh House, 27 New Dover Road, Canterbury, Kent, CT1 3DN, United Kingdom.

2. Statement of compliance

These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.

3. Accounting policies

Basis of preparation

The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.

The financial statements are prepared in sterling, which is the functional currency of the entity.

Going concern

The financial statements have been prepared on the going concern basis as the directors believe that the company can pay its debts when they fall due.

Judgements and key sources of estimation uncertainty

The preparation of the financial statements requires management to make judgements, estimates and assumptions that affect the amounts reported. These estimates and judgements are continually reviewed and are based on experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances.

Revenue recognition

Turnover is measured at the fair value of the consideration received or receivable for goods supplied and services rendered, net of discounts and Value Added Tax. Revenue from the sale of goods is recognised when the significant risks and rewards of ownership have transferred to the buyer (usually on despatch of the goods); the amount of revenue can be measured reliably; it is probable that the associated economic benefits will flow to the entity; and the costs incurred or to be incurred in respect of the transactions can be measured reliably.

Tangible assets

Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

Depreciation

Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:

	Fixtures and fittings	-	20% straight line

Impairment of fixed assets

A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date.

Financial instruments

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. Debtors and creditors with no stated interest rate and receivable or payable within one year are recorded at transaction price. Any losses arising from impairment are recognised in the profit and loss account in other administrative expenses. Loans and borrowings are initially recognised at the transaction price including transaction costs. Subsequently, they are measured at amortised cost using the effective interest rate method, less impairment. If an arrangement constitutes a finance transaction it is measured at present value.

4. Employee numbers

The average number of persons employed by the company during the period, including the directors, amounted to 2.

5. Tangible assets

	Freehold property	Fixtures and fittings	Total
	£	£	£
Cost or valuation
At 5 February 2024	–	–	–
Additions	1,163,225	10,000	1,173,225
Revaluations	( 213,225)	–	( 213,225)
	------------	--------	------------
At 31 March 2025	950,000	10,000	960,000
	------------	--------	------------
Depreciation
At 5 February 2024	–	–	–
Charge for the period	–	2,000	2,000
	------------	--------	------------
At 31 March 2025	–	2,000	2,000
	------------	--------	------------
Carrying amount
At 31 March 2025	950,000	8,000	958,000
	------------	--------	------------

6. Creditors: amounts falling due within one year

	31 Mar 25
	£
Bank loans and overdrafts	37,333
Other creditors	459,396
	---------
	496,729
	---------

The company's bankers have a fixed charge over the freehold property.

7. Creditors: amounts falling due after more than one year

	31 Mar 25
	£
Bank loans and overdrafts	710,817
	---------

The company's bankers have a fixed charge over the freehold property.

8. Related party transactions

The company owed £457,396 to companies under common control at the period end.