| 45 RPM Ltd |
| Notes to the Accounts |
| for the year ended 31 March 2025 |
|
|
| 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). |
|
|
Tangible fixed assets |
|
Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows: |
|
|
Computer equipment |
nil |
|
Furniture and fixtures |
nil |
|
|
Creditors |
|
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method. |
|
|
| 2 |
Employees |
2025 |
|
2024 |
| Number |
Number |
|
|
Average number of persons employed by the company |
1 |
|
1 |
|
|
|
|
|
|
|
|
|
|
| 3 |
Tangible fixed assets |
|
|
|
|
Computer equipment |
|
Furniture and fixtures |
|
Total |
| £ |
£ |
£ |
|
Cost |
|
At 1 April 2024 |
8,887 |
|
240 |
|
9,127 |
|
At 31 March 2025 |
8,887 |
|
240 |
|
9,127 |
|
|
|
|
|
|
|
|
|
|
Depreciation |
|
At 1 April 2024 |
8,887 |
|
240 |
|
9,127 |
|
At 31 March 2025 |
8,887 |
|
240 |
|
9,127 |
|
|
|
|
|
|
|
|
|
|
Net book value |
|
At 31 March 2025 |
- |
|
- |
|
- |
|
|
| 4 |
Creditors: amounts falling due within one year |
2025 |
|
2024 |
| £ |
£ |
|
|
Other creditors |
1,388 |
|
654 |
|
|
|
|
|
|
|
|
|
|
| 5 |
Creditors: amounts falling due after one year |
2025 |
|
2024 |
| £ |
£ |
|
|
Directors loan |
|
|
|
|
674 |
|
640 |
|
|
|
|
|
|
|
|
|
|
| 6 |
Controlling party |
|
|
The company is controlled by the director. |
|
|
| 7 |
Other information |
|
|
45 RPM Ltd is a private company limited by shares and incorporated in England. Its registered office is: |
|
|
4 Berkeley House |
|
Upper Sunbury Road |
|
Hampton |
|
Middlesex |