REGISTERED NUMBER: 01701826 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 March 2025

for

12 RUTLAND GATE LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

Directors:

Mrs I J East

Ms E Huc

Secretary:

Mrs I J East

Registered office:

3rd Floor

86-90 Paul Street

London

EC2A 4NE

Registered number:

01701826 (England and Wales)

Accountants:

Cooper Parry Advisory Limited

Broadwalk House, 5th Floor

5 Appold Street

Broadgate

London

EC2A 2AG

Fixed assets

Tangible assets

4

1

1

Current assets

Debtors

5

1,987

23,853

Cash at bank

35,509

35,604

37,496

59,457

Creditors

Amounts falling due within one year

6

62,554

65,359

Net current liabilities

(25,058

)

(5,902

)

Total assets less current liabilities

(25,057

)

(5,901

)

Capital and reserves

Called up share capital

7

12

12

Retained earnings

(25,069

)

(5,913

)

Shareholders' funds

(25,057

)

(5,901

)

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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 6 January 2026 and were signed on its behalf by:

Ms E Huc - Director

1.	Statutory information

12 Rutland Gate Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

The presentation currency of the financial statements is the Pound Sterling (£).

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.

Financial instruments

Financial assets and financial liabilities are recognised in the balance sheet when the company becomes a party to the contractual provisions of the instrument.

Trade and other debtors and creditors are classified as basic financial instruments and measured at initial recognition at transaction price. Debtors and creditors are subsequently measured at amortised cost using the effective interest rate method. A provision is established when there is objective evidence that the company will not be able to collect all amounts due.

Cash and cash equivalents are classified as basic financial instruments and comprise cash in hand and at bank and bank overdrafts.

Financial liabilities and equity instruments issued by the company are classified in accordance with the substance of the contractual arrangements entered into and the definitions of a financial liability and an equity instrument. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities. Equity instruments issued by the company are recorded at the proceeds received, net of direct issue costs.

Maintenance contributions receivable

Maintenance contributions received represents amounts receivable for services provided in the UK.

Following extension works to flat 1, the service charge contributions were updated to reflect the new floor areas as follows:

From 03.10.2018

Up to 02.10.2018

Flat 1

44.24%

38.96%

Flat 2

23.57%

25.81%

Flat 3

32.19%

35.23%

Total

100.00%

100.00%

3.	Employees and directors

The average number of employees during the year was 2 (2024 - 2 ) .

4.	Tangible fixed assets

Freehold

property

£

Cost

At 1 April 2024

and 31 March 2025

1

Net book value

At 31 March 2025

1

At 31 March 2024

1

The company holds the freehold of 12 Rutland Gate, London, SW7 at a nominal cost of £1.

5.

Debtors: amounts falling due within one year

2025

2024

£

£

Monies held by managing agent

735

16,758

Prepayment and accrued income

1,252

7,095

1,987

23,853

The following maintenance contributions for the year ended 31 March 2025 remained outstanding at year-end:

Flat 1 - £3,896

Flat 2 - £nil

Flat 3 - £302

The amounts stated above were paid in full by the date of this report.

6.

Creditors: amounts falling due within one year

2025

2024

£

£

Contributions in advance

61,654

64,459

Other creditors

900

900

62,554

65,359

7.	Called up share capital

Allotted, issued and fully paid:

Number:

Class:

Nominal

2025

2024

value:

£

£

3

'A' Ordinary

£1

3

3

9

'B' Ordinary

£1

9

9

12

12

8.	Related party disclosures

The sum of £50,000 is currently held by the company's solicitors, Osbornes Law, as security in respect of various conditions attached to a license for alterations to flat 1 and for relevant legal and professional fees in this regard. This sum is not recognised in the company accounts as any surplus belongs to the tenant of flat 1.

The sum of £5,000 is currently held by the company's solicitors, Osbornes Law, in consideration for the grant of a license for alterations.

9.	Controlling party

During the year, the company was controlled by the directors.