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Registration number: 09106794

RPMS Capital Limited
Unaudited Filleted Financial Statements
for the Year Ended 31 December 2024

RPMS Capital Limited

Contents

Company Information | 1
Balance Sheet | 2
Notes to the Unaudited Financial Statements | 3 to 11

RPMS Capital Limited

Company Information

Director | Mr Rupert Stanley

Registered office | 91 Peterborough Road London SW6 3BU

Accountants | Hatherleigh Limited Chartered Accountants & Business AdvisersUnit D Green Barn West Down Farm Corton Denham Sherborne Dorset DT9 4LG

RPMS Capital Limited

(Registration number: 09106794)
Balance Sheet as at 31 December 2024

| Note | 2024 £ | 2023 £
Fixed assets |  |  |
Tangible assets | 4 | 10,338 | 3,130
Investments | 5 | 175 | 175
|  | 10,513 | 3,305
Current assets |  |  |
Debtors | 6 | 1,695,536 | 1,780,725
Cash at bank and in hand |  | 29,258 | 4,343
|  | 1,724,794 | 1,785,068
Creditors: Amounts falling due within one year | 7 | (655,761) | (781,540)
Net current assets |  | 1,069,033 | 1,003,528
Total assets less current liabilities |  | 1,079,546 | 1,006,833
Creditors: Amounts falling due after more than one year | 7 | (143,122) | (36,985)
Net assets |  | 936,424 | 969,848
Capital and reserves |  |  |
Called up share capital | 8 | 100 | 100
Retained earnings |  | 936,324 | 969,748
Shareholders' funds |  | 936,424 | 969,848

For the financial year ending 31 December 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's 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 director acknowledges his 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 director has not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the director on 3 December 2025

......................................... Mr Rupert Stanley Director

RPMS Capital Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2024

1 | General information

The company is a private company limited by share capital, incorporated in United Kingdom.

The address of its registered office is:
91 Peterborough Road
London
SW6 3BU

These financial statements were authorised for issue by the director on 3 December 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 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.
The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

Tax

The tax expense for the period comprises tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

RPMS Capital Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2024

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.
The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class | Depreciation method and rate
Office Equipment | 33.33% Straight Line
Fixtures & Fittings | 25% Straight Line

Business combinations

Business combinations are accounted for using the purchase method. The consideration for each acquisition is measured at the aggregate of the fair values at acquisition date of assets given, liabilities incurred or assumed, and equity instruments issued by the group in exchange for control of the acquired, plus any costs directly attributable to the business combination. When a business combination agreement provides for an adjustment to the cost of the combination contingent on future events, the group includes the estimated amount of that adjustment in the cost of the combination at the acquisition date if the adjustment is probable and can be measured reliably.

Investments

Investments in equity shares which are publicly traded or where the fair value can be measured reliably are initially measured at fair value, with changes in fair value recognised in profit or loss. Investments in equity shares which are not publicly traded and where fair value cannot be measured reliably are measured at cost less impairment.
Interest income on debt securities, where applicable, is recognised in income using the effective interest method. Dividends on equity securities are recognised in income when receivable.

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.
Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

RPMS Capital Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2024

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.
Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

Borrowings

Interest-bearing borrowings are initially recorded at fair value, net of transaction costs. Interest-bearing borrowings are subsequently carried at amortised cost, with the difference between the proceeds, net of transaction costs, and the amount due on redemption being recognised as a charge to the profit and loss account over the period of the relevant borrowing.
Interest expense is recognised on the basis of the effective interest method and is included in interest payable and similar charges.
Borrowings are classified as current liabilities unless the company has an unconditional right to defer settlement of the liability for at least twelve months after the reporting date.

Leases

Leases in which substantially all the risks and rewards of ownership are retained by the lessor are classified as operating leases. Payments made under operating leases are charged to profit or loss on a straight-line basis over the period of the lease.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

Dividends

Dividend distribution to the company’s shareholders is recognised as a liability in the financial statements in the reporting period in which the dividends are declared.

3 | Staff numbers

The average number of persons employed by the company (including the director) during the year, was 0 (2023 - 2).

RPMS Capital Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2024

4 | Tangible assets

| Furniture, fittings and equipment £ | Motor vehicles £ | Total £
Cost or valuation
At 1 January 2024 | 8,123 | - | 8,123
Additions | 384 | 12,420 | 12,804
At 31 December 2024 | 8,507 | 12,420 | 20,927
Depreciation
At 1 January 2024 | 4,993 | - | 4,993
Charge for the year | 2,491 | 3,105 | 5,596
At 31 December 2024 | 7,484 | 3,105 | 10,589
Carrying amount
At 31 December 2024 | 1,023 | 9,315 | 10,338
At 31 December 2023 | 3,130 | - | 3,130

5 | Investments

| 2024 £ | 2023 £
Investments in subsidiaries | 125 | 125
Investments in joint ventures | 50 | 50
| 175 | 175

Subsidiaries | £
Cost or valuation
At 1 January 2024 | 125
Provision
Carrying amount
At 31 December 2024 | 125
At 31 December 2023 | 125

RPMS Capital Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2024

Joint ventures | £
Cost
At 1 January 2024 | 50
Provision
Carrying amount
At 31 December 2024 | 50
At 31 December 2023 | 50

6 | Debtors

Current | Note | 2024 £ | 2023 £
Trade debtors |  | 591,889 | 591,889
Amounts owed by related parties | 11 | 1,103,647 | 1,188,836
|  | 1,695,536 | 1,780,725

RPMS Capital Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2024

7 | Creditors

Creditors: amounts falling due within one year

| Note | 2024 £ | 2023 £
Due within one year |  |  |
Trade creditors |  | 72 | 1,500
Amounts owed to group undertakings and undertakings in which the company has a participating interest | 11 | 1,380 | 2,304
Taxation and social security |  | 96,400 | 119,041
Accruals and deferred income |  | 1,900 | 1,500
Other creditors |  | 556,009 | 657,195
|  | 655,761 | 781,540

Creditors: amounts falling due after more than one year

| Note | 2024 £ | 2023 £
Due after one year |  |  |
Loans and borrowings | 9 | 143,122 | 36,985

8 | Share capital

Allotted, called up and fully paid shares

| 2024 | 2023
| No. | £ | No. | £
Ordinary Shares of £1 each | 100 | 100 | 100 | 100

9 | Loans and borrowings

Non-current loans and borrowings

| 2024 £ | 2023 £
Bank borrowings | 43,122 | 36,985
Other borrowings | 100,000 | -
| 143,122 | 36,985

10 | Dividends

Interim dividends paid

RPMS Capital Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2024

|  | 2024 £ |  | 2023 £
Interim dividend of £180.00 (2023 - £Nil) per each Ordinary Shares |  | 18,000 |  | -

11 | Related party transactions

RPMS Capital Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2024

Transactions with the director

2024 | At 1 January 2024 £ | Advances to director £ | Repayments by director £ | At 31 December 2024 £
Mr Rupert Stanley
The director maintains an interest free loan with the company which is repayable upon demand | 657,095 | (132,074) | 30,888 | 555,909

2023 | At 1 January 2023 £ | Advances to director £ | Repayments by director £ | At 31 December 2023 £
Mr Rupert Stanley
The director maintains an interest free loan with the company which is repayable upon demand | 761,488 | (260,075) | 155,682 | 657,095

RPMS Capital Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2024

Director's remuneration

The director's remuneration for the year was as follows:

| 2024 £ | 2023 £
Remuneration | 12,576 | 12,576

Summary of transactions with other related parties

During the accounting period the company transacted with entities that are related parties by virtue of being group companies, joint ventures or in which the director has an interest. As at the balance sheet date, the following amounts were outstanding:
Amounts owed to:
Portobello Management Ltd: £1380 2023: £1380
Amounts owed by:
Lordship Partners Limited: £73 2023: £73
Golborne Road Management Ltd: £79,327 2023: £49,867
Golborne Development 1 Limited: £2211 2023: £NIL
Lordship Holdings Limited: £892,036 2023: £922,036
Matrix Studios Ltd: £130,000 2023: £166,860
Lordship Capital Ltd : £0 2023: £50,000
All loans are unsecured and are repayable upon demand.