Company Registration No. 08904226 (England and Wales)
RT Estates Ltd
Unaudited filleted accounts
for the year ended 31 March 2025
RT Estates Ltd
Unaudited filleted accounts
Contents
RT Estates Ltd
Company Information
for the year ended 31 March 2025
Directors
Joseph Aryeh Cope
Tova Malka Cope
Company Number
08904226 (England and Wales)
Registered Office
Churchill House
137-139 Brent Street
London
NW4 4DJ
United Kingdom
Accountants
1g Accountants
Churchill House
137-139 Brent Street
London
NW4 4DJ
RT Estates Ltd
Statement of financial position
as at 31 March 2025
Investment property
4,005,704
3,725,164
Cash at bank and in hand
4,047
14,214
Creditors: amounts falling due within one year
(2,349,431)
(2,361,102)
Net current liabilities
(1,826,595)
(1,946,974)
Total assets less current liabilities
2,258,922
1,851,403
Creditors: amounts falling due after more than one year
(1,626,954)
(1,237,425)
Provisions for liabilities
Deferred tax
(122,590)
(114,000)
Net assets
509,378
499,978
Called up share capital
2
2
Profit and loss account
509,376
499,976
Shareholders' funds
509,378
499,978
For the year ending 31 March 2025 the company was entitled to exemption from audit 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 applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 26 December 2025 and were signed on its behalf by
Joseph Aryeh Cope
Director
Company Registration No. 08904226
RT Estates Ltd
Notes to the Accounts
for the year ended 31 March 2025
RT Estates Ltd is a private company, limited by shares, registered in England and Wales, registration number 08904226. The registered office is Churchill House, 137-139 Brent Street, London, NW4 4DJ, United Kingdom.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Rental income is recognised on a straight line over the period of the lease.
Investment property is included at market fair value. Gains are recognised in the income statement. Deferred taxation is provided on these gains at the rate expected to apply when the property is sold.
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws.
Deferred tax assets and liabilities are not discounted.
Basic financial instruments are recognised at amortised cost, except for investments in non-convertible preference and non-puttable ordinary shares which are measured at fair value, with changes recognised in profit or loss. Derivative financial instruments are initially recorded at cost and thereafter at fair value with changes recognised in profit or loss.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
25% reducing balance
RT Estates Ltd
Notes to the Accounts
for the year ended 31 March 2025
4
Tangible fixed assets
Plant & machinery
Fair value at 1 April 2024
3,725,164
At 31 March 2025
4,005,704
Investment property fair value is determined by the director based on his understanding of property market conditions and the specific property.
The historical cost of the properties as at 31 March 2025 is £3,515,345 (2024: £3,234,805.
6
Investments
Other investments
Valuation at 1 April 2024
73,213
Valuation at 31 March 2025
73,213
Amounts falling due within one year
Trade debtors
9,475
32,877
Other debtors
509,314
367,037
RT Estates Ltd
Notes to the Accounts
for the year ended 31 March 2025
8
Creditors: amounts falling due within one year
2025
2024
Trade creditors
2,000
29,901
Amounts owed to group undertakings and other participating interests
-
1,820,713
Taxes and social security
2,672
9,757
Other creditors
1,900,213
34,950
Loans from directors
444,546
448,559
9
Creditors: amounts falling due after more than one year
2025
2024
Bank loans
1,626,954
1,237,425
10
Transactions with related parties
Included in other debtors is an amount of £337,023 (2023: £337,023 ) owed by Bartek Ltd, a company with common management. This amount is interest free and recoverable on demand.
Included in other debtors is an amount of £26,041 (2023: £26,041) owed by RT Freeholds Ltd, a company under common control. This amount is interest free and recoverable on demand.
Included in other debtors is an amount of £161,250 (2023: nil) owed by Berrys Estates Ltd, a company under common control. This amount is interest free and recoverable on demand.
Included in other creditors is an amount of £35,000 (2023: £35,000) owed to Ladywood Properties Ltd, a company with common management This amount is interest free and recoverable on demand.
Included in other creditors are amount of £1,865,213 (2023: £1,820,713) owed to Rainbow Trade Ltd, a company under common control. This amount is interest free and recoverable on demand.
11
Average number of employees
During the year the average number of employees was 0 (2024: 0).