| Willoughby Court RTM Company Limited |
| Registered number: |
07541587 |
| Directors' Report |
|
| The directors present their report and accounts for the year ended 31 December 2025. |
|
| Principal activities |
| The company's principal activity during the year continued to be that of residents property management of the development at Willoughby Court, Springfield Road, Sutton Coldfield B76 2SH. |
|
| Directors |
| The following persons served as directors during the year: |
|
|
Mr Brendan Rice |
|
Mrs Louise Alexandra Jones (appointed 6th November 2024) |
|
| Small company provisions |
| This report has been prepared in accordance with the provisions in Part 15 of the Companies Act 2006 applicable to companies subject to the small companies regime. |
|
| This report was approved by the board on 18 September 2026 and signed on its behalf. |
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|
|
|
|
| Mr Brendan Rice |
| Director |
|
| Willoughby Court RTM Company Limited |
| Accountants' Report |
|
|
| Accountants' report to the directors of |
| Willoughby Court RTM Company Limited |
|
| You consider that the company is exempt from an audit for the year ended 31 December 2025. You have acknowledged, on the balance sheet, your responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts. These responsibilities include preparing accounts that give a true and fair view of the state of affairs of the company at the end of the financial year and of its profit or loss for the financial year. |
| In accordance with your instructions, we have prepared the accounts which comprise the Profit and Loss Account, the Balance Sheet, the Statement of Changes in Equity and the related notes from the accounting records of the company and on the basis of information and explanations you have given to us. |
| We have not carried out an audit or any other review, and consequently we do not express any opinion on these accounts. |
|
| MD Associates |
| Accountants & Tax Advisers |
|
| Sapphire Heights Courtyard |
| 31 Tenby Street North |
| Birmingham |
| West Midlands |
| B13ES |
|
| 18 September 2026 |
|
| Willoughby Court RTM Company Limited |
| Registered number: |
07541587 |
| Balance Sheet |
| as at 31 December 2025 |
|
| Notes |
|
|
2025 |
|
|
2024 |
| £ |
£ |
| Current assets |
| Debtors |
3 |
|
2,899 |
|
|
1,006 |
| Cash at bank and in hand |
|
|
25,080 |
|
|
24,932 |
|
|
|
27,979 |
|
|
25,938 |
|
| Creditors: amounts falling due within one year |
4 |
|
(4,862) |
|
|
(925) |
|
| Net current assets |
|
|
|
23,117 |
|
|
25,013 |
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| Net assets |
|
|
|
23,117 |
|
|
25,013 |
|
|
|
|
|
|
|
|
| Capital and reserves |
| Profit and loss account |
|
|
|
23,117 |
|
|
25,013 |
|
| Shareholders' funds |
|
|
|
23,117 |
|
|
25,013 |
|
|
|
|
|
|
|
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| 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. |
|
|
|
|
| Mr Brendan Rice |
| Director |
| Approved by the board on 18 September 2026 |
|
| Willoughby Court RTM Company Limited |
| Notes to the Accounts |
| for the year ended 31 December 2025 |
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|
| 1 |
Accounting policies |
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Basis of preparation |
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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). |
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|
Turnover |
|
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. |
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|
Debtors |
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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. |
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|
Creditors |
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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. |
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|
Provisions |
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Provisions (ie liabilities of uncertain timing or amount) are recognised when there is an obligation at the reporting date as a result of a past event, it is probable that economic benefit will be transferred to settle the obligation and the amount of the obligation can be estimated reliably. |
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Foreign currency translation |
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Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss. |
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|
| 2 |
Employees |
2025 |
|
2024 |
| Number |
Number |
|
|
Average number of persons employed by the company |
0 |
|
0 |
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|
| 3 |
Debtors |
2025 |
|
2024 |
| £ |
£ |
|
|
Trade debtors |
2,899 |
|
1,006 |
|
|
|
|
|
|
|
|
|
|
| 4 |
Creditors: amounts falling due within one year |
2025 |
|
2024 |
| £ |
£ |
|
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Other creditors |
4,803 |
|
925 |
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| 5 |
Other information |
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Willoughby Court RTM Company Limited is a private company limited by shares and incorporated in England. Its registered office is: |
|
Sapphire Heights Courtyard |
|
31 Tenby Street North |
|
Birmingham |
|
West Midlands |
|
B1 3ES |