| 55 PORTLAND PLACE RTM COMPANY LIMITED |
| Notes to the Accounts |
| for the year ended 31 December 2024 |
|
|
| 1 |
Accounting policies |
|
|
Basis of preparation |
|
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard). |
|
|
Turnover |
|
Turnover represents amounts charged to lessees towards the running and maintenance of the property. |
|
|
| 2 |
Employees |
2024 |
|
2023 |
| Number |
Number |
|
|
Average number of persons employed by the company |
4 |
|
4 |
|
|
|
|
|
|
|
|
|
|
| 3 |
Debtors |
2024 |
|
2023 |
| £ |
£ |
|
|
Lessee debtors |
78,739 |
|
26,841 |
|
Other debtors |
29,119 |
|
30,915 |
|
|
|
|
|
|
107,858 |
|
57,756 |
|
|
|
|
|
|
|
|
|
|
| 4 |
Creditors: amounts falling due within one year |
2024 |
|
2023 |
| £ |
£ |
|
|
Trade creditors |
16,403 |
|
11,160 |
|
Taxation and social security costs |
1,370 |
|
846 |
|
Other creditors |
127,333 |
|
67,570 |
|
|
|
|
|
|
145,106 |
|
79,576 |
|
|
|
|
|
|
|
|
|
|
| 5 |
Reserve Fund |
2024 |
|
2023 |
| £ |
£ |
|
At 1 January 2023 |
488,823 |
|
430,312 |
|
Surplus for the financial year |
27,283 |
|
58,511 |
|
|
|
At 31 December 2023 |
516,106 |
|
488,823 |
|
|
|
|
|
|
|
|
|
|
| 6 |
Other information |
|
|
55 PORTLAND PLACE RTM COMPANY LIMITED is a private company limited by guarantee without share capital and incorporated in England. Its registered office is: |
|
Stonemead House |
|
95 London Road |
|
Croydon |
|
Surrey |
|
CRO 2RF |
|
| 55 PORTLAND PLACE RTM COMPANY LIMITED |
| Registered number: |
05882856 |
| Balance Sheet |
| as at 31 December 2024 |
|
| Notes |
|
|
2024 |
|
|
2023 |
| £ |
£ |
| Current assets |
| Debtors |
3 |
|
107,858 |
|
|
57,756 |
| Cash at bank and in hand |
|
|
553,354 |
|
|
510,643 |
|
|
|
661,212 |
|
|
568,399 |
|
| Creditors: amounts falling due within one year |
4 |
|
(145,106) |
|
|
(79,576) |
|
| Net current assets |
|
|
|
516,106 |
|
|
488,823 |
|
| Net assets |
|
|
|
516,106 |
|
|
488,823 |
|
|
|
|
|
|
|
|
| Capital and reserves |
| Reserve Fund |
5 |
|
|
516,106 |
|
|
488,823 |
|
|
|
|
|
516,106 |
|
|
488,823 |
|
|
|
|
|
|
|
|
| The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006. |
| The members have not required the company to obtain an audit in accordance with section 476 of the Act. |
| The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts. |
| The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies. |
|
|
|
|
| J A Fingleton |
| Director |
| Approved by the board on 5 November 2025 |