Running Man Two Limited 31/07/2025 iXBRL

Company registration number: 07302874

Running Man Two Limited

Unaudited filleted financial statements

31 July 2025

Running Man Two Limited

Contents

Statement of financial position

Notes to the financial statements

Running Man Two Limited

Statement of financial position

31 July 2025

		2025		2024
	Note	£	£	£	£

Fixed assets
Tangible assets	5	85,688		12,985
		_______		_______
			85,688		12,985

Current assets
Debtors	6	809,162		815,594
Cash at bank and in hand		431,469		347,171
		_______		_______
		1,240,631		1,162,765
Creditors: amounts falling due
within one year	7	( 464,851)		( 507,574)
		_______		_______
Net current assets			775,780		655,191
			_______		_______
Total assets less current liabilities			861,468		668,176

Creditors: amounts falling due
after more than one year	8		( 527,068)		( 627,154)
			_______		_______
Net assets			334,400		41,022
			_______		_______

Capital and reserves
Called up share capital			302		302
Profit and loss account			334,098		40,720
			_______		_______
Shareholders funds			334,400		41,022
			_______		_______

For the year ending 31 July 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors responsibilities:

- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476;

- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

In accordance with section 444 of the Companies Act 2006, the statement of comprehensive income has not been delivered.

These financial statements were approved by the board of directors and authorised for issue on 15 April 2026 , and are signed on behalf of the board by:

J W Tutton

Director

Company registration number: 07302874

Running Man Two Limited

Notes to the financial statements

Year ended 31 July 2025

1. General information

The company is a private company limited by shares, registered in England and Wales. The address of the registered office is Unicorn House, 221-222 Shoreditch High Steet, Shoreditch, London, E1 6PJ.

2. Statement of compliance

These financial statements have been prepared in compliance with the provisions of FRS 102, Section 1A, 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

3. Accounting policies

Basis of preparation

The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.

The financial statements are prepared in sterling, which is the functional currency of the entity.

Turnover

Turnover is measured at the fair value of the consideration received or receivable for goods supplied and services rendered, net of discounts and Value Added Tax.

Taxation

The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in the statement of comprehensive income, except to the extent that it relates to items recognised in other comprehensive income or directly in capital and reserves. In this case, tax is recognised in other comprehensive income or directly in capital and reserves, respectively. Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.

Deferred tax is recognised in respect of all timing differences at the reporting date. Unrelieved tax losses and other deferred tax assets are recognised 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 that are expected to apply to the reversal of the timing difference.

Tangible assets

tangible assets are initially recorded at cost, and are subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses. An increase in the carrying amount of an asset as a result of a revaluation, is recognised in other comprehensive income and accumulated in capital and reserves, except to the extent it reverses a revaluation decrease of the same asset previously recognised in profit or loss. A decrease in the carrying amount of an asset as a result of revaluation is recognised in other comprehensive income to the extent of any previously recognised revaluation increase accumulated in capital and reserves in respect of that asset. Where a revaluation decrease exceeds the accumulated revaluation gains accumulated in capital and reserves in respect of that asset, the excess shall be recognised in profit or loss.

Depreciation

Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:

If there is an indication that there has been a significant change in depreciation rate, useful life or residual value of tangible assets, the depreciation is revised prospectively to reflect the new estimates.

Impairment

A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date.

Hire purchase and finance leases

Assets held under finance leases are recognised in the statement of financial position as assets and liabilities at the lower of the fair value of the assets and the present value of the minimum lease payments, which is determined at the inception of the lease term. Any initial direct costs of the lease are added to the amount recognised as an asset. Lease payments are apportioned between the finance charges and reduction of the outstanding lease liability using the effective interest method. Finance charges are allocated to each period so as to produce a constant rate of interest on the remaining balance of the liability.

Financial instruments

The company only enters into basic financial instruments that result in recognition of financial assets and liabilities like trade and other debtors, creditors and loans from related parties.

Defined contribution plans

Contributions to defined contribution plans are recognised as an expense in the period in which the related service is provided. Prepaid contributions are recognised as an asset to the extent that the prepayment will lead to a reduction in future payments or a cash refund.

4. Employee numbers

The average number of persons employed by the company during the year amounted to 7 (2024: 8 ).

5. Tangible assets

	Plant and machinery	Fixtures, fittings and equipment	Motor vehicles	Total
	£	£	£	£
Cost
At 1 August 2024	30,178	37,214	-	67,392
Additions	1,129	12,379	65,818	79,326
	_______	_______	_______	_______
At 31 July 2025	31,307	49,593	65,818	146,718
	_______	_______	_______	_______
Depreciation
At 1 August 2024	26,498	27,909	-	54,407
Charge for the year	1,202	5,421	-	6,623
	_______	_______	_______	_______
At 31 July 2025	27,700	33,330	-	61,030
	_______	_______	_______	_______
Carrying amount
At 31 July 2025	3,607	16,263	65,818	85,688
	_______	_______	_______	_______
At 31 July 2024	3,680	9,305	-	12,985
	_______	_______	_______	_______

6. Debtors

	2025	2024
	£	£
Trade debtors	198,621	205,053
Other debtors	610,541	610,541
	_______	_______
	809,162	815,594
	_______	_______

7. Creditors: amounts falling due within one year

	2025	2024
	£	£
Trade creditors	31,442	22,639
Corporation tax	118,589	52,709
Social security and other taxes	123,020	78,288
Other creditors	191,800	353,938
	_______	_______
	464,851	507,574
	_______	_______

8. Creditors: amounts falling due after more than one year

	2025	2024
	£	£
Other creditors	527,068	627,154
	_______	_______

9. Obligations under finance leases

Company lessee

The total future minimum lease payments under finance lease agreements are as follows:

	2025	2024
	£	£
Not later than 1 year	5,904	-
Later than 1 year and not later than 5 years	49,914	-
	_______	_______
	55,818	-
	_______	_______
Present value of minimum lease payments	55,818	-
	_______	_______

11. Directors advances, credits and guarantees

	Balance brought forward and o/standing	Balance brought forward and o/standing
	2025	2024
	£	£
T E Turner	258,663	258,663
J W Tutton	201,384	201,384
	_______	_______
	460,047	460,047
	_______	_______

12. Related party transactions

During the year the company as sponsor of the RM2L Employees Trustees Limited made payments of £126,000 (2024:£108,000) to the Trustee company.