REGISTERED NUMBER: 11146444

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JANUARY 2026

FOR

RMTS PROPERTY LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mr R J Grant

Mrs M D Grant

REGISTERED OFFICE:

282a High Street

Orpington

Kent

BR6 0ND

REGISTERED NUMBER:

11146444

ACCOUNTANTS:

TC Group

10 Stadium Business Court

Millennium Way

Pride Park

Derby

DE24 8HP

FIXED ASSETS

Tangible assets

4

40

60

Investment property

5

6,740,000

6,100,000

6,740,040

6,100,060

CURRENT ASSETS

Debtors

6

98,634

64,592

Cash at bank

39,495

475,445

138,129

540,037

CREDITORS

Amounts falling due within one year

7

2,171,138

1,993,303

NET CURRENT LIABILITIES

(2,033,009

)

(1,453,266

)

TOTAL ASSETS LESS CURRENT LIABILITIES

4,707,031

4,646,794

CREDITORS

Amounts falling due after more than one year

8

(4,159,713

)

(4,163,459

)

PROVISIONS FOR LIABILITIES

(152,547

)

(159,467

)

NET ASSETS

394,771

323,868

CAPITAL AND RESERVES

Called up share capital

10

100

100

Retained earnings

394,671

323,768

SHAREHOLDERS' FUNDS

394,771

323,868

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2026 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 29 October 2026 and were signed on its behalf by:

Mr R J Grant - Director

1.	STATUTORY INFORMATION

RMTS Property 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.

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 as modified by the revaluation of certain assets.

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

Turnover

The turnover shown in the profit and loss account represents rents receivable from investment properties during the period.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Fixtures and fittings

-

33% on reducing balance

Tangible assets are initially recorded at cost, and 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.

Investment property

Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

The directors have considered the fair value of investment property at the reporting date to be £6,740,000. This fair value has been calculated based historic purchase price and review of trends in the property market. No professional valuation has been obtained, the methods and significant assumptions applied in determining the fair value of the investment property include consideration into property market trends local to the investment property, recent property sales local to the investment property, rental yield of the property and the condition of the property.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

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.

Provisions

Provisions are recognised when the entity has an obligation at the reporting date as a result of a past event, it is probable that the entity will be required to transfer economic benefits in settlement and the amount of the obligation can be estimated reliably. Provisions are recognised as a liability in the statement of financial position and the amount of the provision as an expense.

Provisions are initially measured at the best estimate of the amount required to settle the obligation at the reporting date and subsequently reviewed at each reporting date and adjusted to reflect the current best estimate of the amount that would be required to settle the obligation. Any adjustments to the amounts previously recognised are recognised in profit or loss unless the provision was originally recognised as part of the cost of an asset. When a provision is measured at the present value of the amount expected to be required to settle the obligation, the unwinding of the discount is recognised as a finance cost in profit or loss in the period it arises.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2025 - 2 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

and

fittings

£

COST

At 1 February 2025

and 31 January 2026

420

DEPRECIATION

At 1 February 2025

360

Charge for year

20

At 31 January 2026

380

NET BOOK VALUE

At 31 January 2026

40

At 31 January 2025

60

5.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 February 2025

6,100,000

Additions

658,081

Revaluations

(18,081

)

At 31 January 2026

6,740,000

NET BOOK VALUE

At 31 January 2026

6,740,000

At 31 January 2025

6,100,000

If the investment properties had not been revalued they would have been included at the historical cost of £6,028,711(2025: £5,370,630).

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Trade debtors

2,403

5,439

Other debtors

12,710

6,852

Directors' loan accounts

83,521

52,301

98,634

64,592

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Bank loans and overdrafts

3,653

3,390

Trade creditors

2,266

-

Other creditors

2,140,789

1,963,211

Accruals and deferred income

24,430

26,702

2,171,138

1,993,303

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2026

2025

£

£

Bank loans - 2-5 years

18,565

16,893

Bank loans

4,141,148

4,146,566

4,159,713

4,163,459

Amounts falling due in more than five years:

Repayable otherwise than by instalments

Bank loans

4,141,148

4,146,566

9.	SECURED DEBTS

The following secured debts are included within creditors:

2026

2025

£

£

Bank Loans

4,120,276

4,120,296

Bank loans are secured over the assets to which they relate.

10.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2026

2025

value:

£

£

100

Ordinary

£1

100

100

11.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 31 January 2026 and 31 January 2025:

2026

2025

£

£

Mr R J Grant and Mrs M D Grant

Balance outstanding at start of year

52,301

73,187

Amounts advanced

372,427

102,348

Amounts repaid

(341,207

)

(123,234

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

83,521

52,301

It is company policy to charge interest on all overdrawn loan accounts at HMRC official rate of interest. The amount owed at the year end in respect of the above loans was £5,272 (2025: £1,645).

12.	RELATED PARTY DISCLOSURES

During the period the company had the following transactions with MDWG Limited, a company under common control.

2026

2025

£

£

Balance brought forwards

(1,930,904)

(1,890,904)

Loans made in the year

349,100

40,556

Loans repaid in the year

(540,000)

(80,556)

Balance carried forwards

(2,121,804)

(1,930,904)

MDWG Limited does not charge any interest. The above balance has been included in other creditors.

During the period the company had the following transactions with Sturstons Limited, a company under common control.

2026

2025

£

£

Balance brought forwards

5,207

4,184

Loans made in the year

2,236

1,023

Loans repaid in the year

-

-

Balance carried forwards

7,443

5,207

The company does not charge any interest to Sturstons Limited. The above balance has been included in other debtors.