Noel Terrace Rtm Company Limited

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3

Registered number: 11701940

		2025		2024
	Notes	£	£	£	£
CURRENT ASSETS
Debtors	4	2,499		1,438
Cash at bank		1,502		1,196

		4,001		2,634
Creditors: Amounts Falling Due Within One Year	5	(776 )		(776 )

NET CURRENT ASSETS (LIABILITIES)			3,225		1,858

TOTAL ASSETS LESS CURRENT LIABILITIES			3,225		1,858

Creditors: Amounts Falling Due After More Than One Year	6		(10,750 )		(10,750 )

NET LIABILITIES			(7,525 )		(8,892 )

Income and Expenditure Account			(7,525 )		(8,892 )

MEMBERS' FUNDS			(7,525)		(8,892)

Page 1

Page 2

Noel Terrace Rtm Company Limited

Balance Sheet (continued)

As At 30 November 2025

For the year ending 30 November 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.

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Income and Expenditure Account.

On behalf of the board

Dr K McMillan-Breed

Director

08/01/2026

The notes on page 3 form part of these financial statements.

1. General Information

Noel Terrace Rtm Company Limited is a private company, limited by guarantee, registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. Accounting Policies

2.1. Basis of Preparation of 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.

2.2. Turnover

Turnover represents the invoiced value of maintenance contributions receivable from residents.

2.3. Taxation

The company is a "Flat/Leasehold Management CLG" therefore variable service charges and sinking fund contributions received from tenants are exempt from Corporation Tax on those funds as these are treated as capital receipts under LTA 1987 s42.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 4 (2024: 4)

4. Debtors

	2025	2024
	£	£
Due within one year
Trade debtors	2,499	1,438

5. Creditors: Amounts Falling Due Within One Year

	2025	2024
	£	£
Other creditors	776	776

6. Creditors: Amounts Falling Due After More Than One Year

	2025	2024
	£	£
Other creditors	10,750	10,750