Company Registration No. 10002126 (England and Wales)
PTM (Rights) Limited
Unaudited accounts
for the year ended 31 March 2025
PTM (Rights) Limited
Unaudited accounts
Contents
PTM (Rights) Limited
Company Information
for the year ended 31 March 2025
Directors
Nicholas Newton
Edward Andrew Crozier
Richard Wolfe
Peter BG McInerny
Company Number
10002126 (England and Wales)
Registered Office
6 Russell Grove
London
SW9 6HS
United Kingdon
Accountants
River CCyF Limited
2 Orchard Grove
Kilmacolm
Renfrewshire
PA13 4HQ
PTM (Rights) Limited
Accountants' report
Accountants' report to the board of directors of PTM (Rights) Limited on the preparation of the unaudited statutory accounts for the year ended 31 March 2025
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of
PTM (Rights) Limited for the year ended
31 March 2025 as set out on pages
5 -
8 from the company's accounting records and from information and explanations you have given us.
This report is made solely to the Board of Directors of PTM (Rights) Limited, as a body, in accordance with the terms of our engagement. Our work has been undertaken solely to prepare for your approval the accounts of PTM (Rights) Limited and state those matters that we have agreed to state to them, as a body, in this report. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than PTM (Rights) Limited and its Board of Directors as a body for our work or for this report.
It is your duty to ensure that PTM (Rights) Limited has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and loss of PTM (Rights) Limited. You consider that PTM (Rights) Limited is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the accounts of PTM (Rights) Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.
River CCyF Limited
2 Orchard Grove
Kilmacolm
Renfrewshire
PA13 4HQ
30 December 2025
PTM (Rights) Limited
Statement of financial position
as at 31 March 2025
Intangible assets
41,685
39,685
Cash at bank and in hand
16,152
28,647
Creditors: amounts falling due within one year
(508)
(541)
Net current assets
18,475
28,408
Called up share capital
2,010
1,490
Share premium
218,490
168,810
Profit and loss account
(160,340)
(102,207)
Shareholders' funds
60,160
68,093
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 30 December 2025 and were signed on its behalf by
Nicholas Newton
Director
Company Registration No. 10002126
PTM (Rights) Limited
Notes to the Accounts
for the year ended 31 March 2025
PTM (Rights) Limited is a private company, limited by shares, registered in England and Wales, registration number 10002126. The registered office is 6 Russell Grove, London, SW9 6HS, United Kingdon.
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.
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:
Fixtures & fittings
Written off at 25% Straight Line
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation. The directors do not consider that any amortisation is required for currently Intangible fixed assets.
Judgements in applying accounting policies and key sources of estimation and uncertainty
The preparation of financial statements requires management to make judgements,
estimates and assumptions that affect the amounts reported for assets and
liabilities as at the reporting date and the revenues and expenses during the period.
The nature of estimation means that the actual outcomes could differ from estimates.
Expenditure on research and development is written off in the year in which it is incurred.
PTM (Rights) Limited
Notes to the Accounts
for the year ended 31 March 2025
4
Intangible fixed assets
Other
During the year the company increased its holding of Intellectual property rights through additional net expenditure of £15,685
5
Tangible fixed assets
Fixtures & fittings
Amounts falling due within one year
7
Creditors: amounts falling due within one year
2025
2024
PTM (Rights) Limited
Notes to the Accounts
for the year ended 31 March 2025
Allotted, called up and fully paid:
2,010 Ordinary shares of £1 each
2,010
1,490
Shares issued during the period:
520 Ordinary shares of £1 each
520
9
Average number of employees
During the year the average number of employees was 2 (2024: 2).