MARLBOROUGH COURT RTM COMPANY LIMITED

Registered number

05678723

Filleted Accounts

31 March 2025

Keith Vaudrey & Co Ltd

Chartered Certified Accountants

51 Marloes Road

London W8 6LA

MARLBOROUGH COURT RTM COMPANY LIMITED
Registered number:		05678723
Balance Sheet
as at 31 March 2025

Notes			2025			2024
£				£
Fixed assets
Tangible assets	3		785			1,047

Current assets
Debtors	4	124,413			110,362
Cash at bank		343,228			381,819
		467,641			492,181

Creditors: amounts falling due within one year	5	(88,287)			(84,902)

Net current assets			379,354			407,279

Total assets less current liabilities			380,139			408,326


Net assets			380,139			408,326

Reserves
Contingent fund account	6		345,083			373,270
Lift reserve fund	6		35,056			35,056

Shareholders' funds			380,139			408,326

The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.




Laetitia VANDAME
Director
Approved by the board on 15 January 2026

MARLBOROUGH COURT RTM COMPANY LIMITED
Notes to the Accounts
for the year ended 31 March 2025


1	Accounting policies

	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).

	Income and expenditure
	Income and expenses are included in the financial statements as they become receivable or due. Income comprises of service charge income receivable from tenants of Marlborough Court. Expenses include VAT where applicable as the company cannot reclaim it.

	Tangible fixed assets
	Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses. Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases:

	Plant and machinery			100% on cost
	Equipment and furniture			25 % reducing balance method

	Debtors
	Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

	Creditors
	Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

	Taxation
	A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.Deferred tax is not expected to reverse in the foreseeable future.

	Pensions
	Contributions to defined contribution plans are expensed in the period to which they relate.

2	Employees					2025		2024
Number							Number

	Average number of persons employed by the company					4		4

3	Tangible fixed assets
				Plant and machinery etc		Equipment and furniture		Total
£					£		£
	Cost
	At 1 April 2024			710,303		1,242		711,545
	At 31 March 2025			710,303		1,242		711,545

	Depreciation
	At 1 April 2024			710,303		195		710,498
	Charge for the year			-		262		262
	At 31 March 2025			710,303		457		710,760

	Net book value
	At 31 March 2025			-		785		785
	At 31 March 2024			-		1,047		1,047

Restated
4	Debtors					2025		2024
£							£

	Service charge owed by the flats					73,497		77,581
	Service charge in arrears					12,547		11,723
	Other debtors					38,369		21,058
						124,413		110,362


Restated
5	Creditors: amounts falling due within one year					2025		2024
£							£

	Service charge in advance					5,212		34
	Taxation and social security costs					6,706		3,678
	Other creditors					76,369		81,190
						88,287		84,902

	Note: The comparative figures were restated to re-classify the creditors. The company does not trade, as a result trade creditors were removed. The total amount in creditors stayed the same.

6	Reserves
		Income and expenditure account		Lift reserve fund		Contingent fund account		2025
£			£		£		£
	At 1 April 2024	-		35,056		373,270		408,326
	Profit for the financial year SC Inc & Exp	26,688		-		-		26,688
	Transfer to contingent fund	(26,688)		-		26,688		-
	Interest received	-		-		10,363		10,363
	Contingent fund expenditure	-		-		(147,904)		(147,904)
	Contingent fund contribution	-		-		82,666		82,666
	At 31 March 2025	-		35,056		345,083		380,139

	Lift reserve fund: This fund has been kept to help fund major lift repairs.

7	Pension commitments

	The assets of the pension scheme are held separately from those of the company in an independently administered fund. There were no outstanding or prepaid contributions at the year end.

8	Member's Liability

	The company is limited by guarantee, not having a share capital and consequently the liability of members is limited. Every member of the company undertakes to contribute such amount as may be required (not exceeding £10) to the company's assets if it should be wound up.This applies whilst they are a member or within one year after he/she ceases to be a member. The necessary contribution would relate to the payment of the company's debts and liabilities contracted before he/she ceased to be a member, and of the costs, charges and expenses of winding up, and for the adjustment of the rights of the contributor's among themselves.

9	Other information

	MARLBOROUGH COURT RTM COMPANY LIMITED is a private company limited by shares and incorporated in England. Its registered office is:
	51 Marloes Road
	London
	W8 6LA