ROCHDALE TOWN CENTRE MANAGEMENT COMPANY

Company limited by guarantee

Company Registration Number:
02760393 (England and Wales)

Unaudited micro entity accounts for the year ended 31 March 2025

Period of accounts

Start date: 01 April 2024

End date: 31 March 2025

ROCHDALE TOWN CENTRE MANAGEMENT COMPANY

Company limited by guarantee

Contents of the Financial Statements

for the Period Ended 31 March 2025

Company Information - 3
Report of the Directors - 4
Balance sheet - 5
Footnotes to the Balance Sheet - 7

ROCHDALE TOWN CENTRE MANAGEMENT COMPANY

Company limited by guarantee

Company Information

for the Period Ended 31 March 2025




Director: BARNES, Christopher John
BRETT, Allen John
BYRNE, Rachel
FOXLEY, Mark Stephen
GRIGG, Barry
Jon Curtis HUDSON
PARKER, Chris
TAYLOR, Matthew David
THOMPSON, Marjorie
Registered office: 51-53
Yorkshire Street
Rochdale
England
OL16 1BT
Company Registration Number: 02760393 (England and Wales)

ROCHDALE TOWN CENTRE MANAGEMENT COMPANY

Company limited by guarantee

Directors' Report Period Ended 31 March 2025

The directors present their report with the financial statements of the company for the period ended 31 March 2025

Principal Activities

During the year the company continued to deliver (BIDs) activities. The promotion of Rochdale Town Centre as a retail, commercial, entertainment and tourist Centre and to encourage physical improvements within the Town Centre.

Additional information

BID Levy monies due for this financial year are £277,018 of which £32,433 are held by the collection agency along with a balance of £41 for the year 2020, £37,116 for 2021, £10301 for 2022, -£26,196 for 2023 and £28,888 for 2024 ; a total £82,583 has been accrued in the accounts at the year end 2025, although, levy 'due' and 'owed' are based on a 100% collection rate. The collection agency has also retained the amount of £41,504 as collection fees based on 3% of the amount they have invoiced, this amount has been accrued and is deducted from the BID Levy by the collector. A provision for the assumed bad debts has been entered in the accounts for monies still to be collected by the collection agency for the 6 years 2020 to 2025 of £40,772, this will be adjusted if and when monies are collected. Any surplus funds available at the end of the financial year are continued to be used in the companies charitable aims.

Directors

The directors shown below have held office during the whole of the period from 01 April 2024 to 31 March 2025
BARNES, Christopher John
BRETT, Allen John
BYRNE, Rachel
FOXLEY, Mark Stephen
GRIGG, Barry
Jon Curtis HUDSON
PARKER, Chris
TAYLOR, Matthew David
THOMPSON, Marjorie

This report was approved by the board of directors on 23 December 2025
And Signed On Behalf Of The Board By:

Name: FOXLEY, Mark Stephen
Status: Director

ROCHDALE TOWN CENTRE MANAGEMENT COMPANY

Company limited by guarantee

Balance sheet

As at 31 March 2025


2025
£

2024
£
Fixed Assets: 15,102 12,006
Current assets: 156,311 119,919
Prepayments and accrued income: 89,661 121,855
Creditors: amounts falling due within one year: ( 16,615 ) ( 12,438 )
Net current assets (liabilities): 229,357 229,336
Total assets less current liabilities: 244,459 241,342
Creditors: amounts falling due after more than one year: ( 35,140 )
Provision for liabilities: ( 40,772 ) ( 70,394 )
Accruals and deferred income: ( 43,571 ) ( 1,906 )
Total net assets (liabilities): 160,116 133,902
Reserves: 160,116 133,902

ROCHDALE TOWN CENTRE MANAGEMENT COMPANY

Company limited by guarantee

Balance sheet continued

For the year ending 31 March 2025 the company was entitled to exemption 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 of the small companies regime applicable to micro-entities.

This report was approved by the board of directors on 23 December 2025
And Signed On Behalf Of The Board By:

Name: FOXLEY, Mark Stephen
Status: Director

The notes form part of these financial statements

ROCHDALE TOWN CENTRE MANAGEMENT COMPANY

Company limited by guarantee

Footnotes to the Financial Statements

for the Period Ended 31 March 2025

  • 1. Employee Information

    Average number of employees: 4

ROCHDALE TOWN CENTRE MANAGEMENT COMPANY

Company limited by guarantee

Footnotes to the Financial Statements

for the Period Ended 31 March 2025

  • 2. Off balance sheet disclosure

    No