REGISTERED NUMBER: SC368618 (Scotland)

RTRP LIMITED

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

Hon K M Allsopp

J P Muirhead

P J E Spencer

S L Grant

A Jackson

SECRETARY:

MFMac Secretaries Limited

REGISTERED OFFICE:

The Hub Pacific Drive

Pacific Quay

Glasgow

G51 1EA

REGISTERED NUMBER:

SC368618 (Scotland)

ACCOUNTANTS:

Benham Conway & Co

16 Royal Crescent

Glasgow

G3 7SL

FIXED ASSETS

Tangible assets

4

20,022

22,019

CURRENT ASSETS

Debtors

5

347,544

1,256,709

Cash at bank

5,031,673

3,491,434

5,379,217

4,748,143

CREDITORS

Amounts falling due within one year

6

1,928,585

1,224,636

NET CURRENT ASSETS

3,450,632

3,523,507

TOTAL ASSETS LESS CURRENT LIABILITIES

3,470,654

3,545,526

PROVISIONS FOR LIABILITIES

3,804

4,183

NET ASSETS

3,466,850

3,541,343

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

3,466,750

3,541,243

SHAREHOLDERS' FUNDS

3,466,850

3,541,343

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 1 December 2025 and were signed on its behalf by:

J P Muirhead - Director

1.	STATUTORY INFORMATION

RTRP Limited is a private company, limited by shares , registered in Scotland. The company's registered number and registered office address can be found on the Company Information page.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover

Production turnover represents amounts receivable in producing content and is recognisable over the period of the production and in accordance with the underlying contract. Gross profit on production is recognised over the period of the production.

Turnover excludes value added tax.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off the cost less estimated residual value of each asset over its estimated useful life.

Plant and machinery etc

-

25% on cost

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme and makes pension contributions to personal pension schemes of the company's directors. Contributions payable to these pension schemes are charged to the profit or loss in the period to which they relate.

Government grants

Grants towards capital expenditure are credited to deferred income and released to the profit and loss account over the expected useful life of the asset. Grants towards revenue expenditure are released to the profit and loss account as the related expenditure is incurred.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 28 (2024 - 32 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 April 2024

348,416

Additions

11,320

At 31 March 2025

359,736

DEPRECIATION

At 1 April 2024

326,397

Charge for year

13,317

At 31 March 2025

339,714

NET BOOK VALUE

At 31 March 2025

20,022

At 31 March 2024

22,019

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Trade debtors

282,841

198,083

Other debtors

64,703

935,402

Tax recoverable

-

123,224

347,544

1,256,709

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Trade creditors

153,075

201,412

Taxation and social security

324,142

199,133

Other creditors

1,451,368

824,091

1,928,585

1,224,636

7.	OTHER FINANCIAL COMMITMENTS

At 31 March 2025 the company was committed to making total payments under non-cancellable operating leases of £390,941 (2024, £129,767).