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REGISTERED NUMBER: 07140328 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31ST MARCH 2023

FOR

REALTIME EUROPE LIMITED

REALTIME EUROPE LIMITED (REGISTERED NUMBER: 07140328)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST MARCH 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


REALTIME EUROPE LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31ST MARCH 2023







DIRECTORS: Mr A Fernandez
Mr C W Mieszkian
Mrs A Fernandez
Mrs S M L Mieszkian





REGISTERED OFFICE: Mercury House
19-21 Chapel Street
Marlow
Bucks
SL7 3HN





REGISTERED NUMBER: 07140328 (England and Wales)





ACCOUNTANTS: Richardson Jones
Chartered Accountants
Mercury House
19-21 Chapel Street
Marlow
Buckinghamshire
SL7 3HN

REALTIME EUROPE LIMITED (REGISTERED NUMBER: 07140328)

BALANCE SHEET
31ST MARCH 2023

31.3.23 31.3.22
Notes £ £ £ £
FIXED ASSETS
Intangible assets 4 7,200 7,800
Tangible assets 5 5,461 7,281
12,661 15,081

CURRENT ASSETS
Stocks 10,450 1,000
Debtors 6 36,233 25,131
Cash at bank 68,471 74,130
115,154 100,261
CREDITORS
Amounts falling due within one year 7 44,707 43,618
NET CURRENT ASSETS 70,447 56,643
TOTAL ASSETS LESS CURRENT
LIABILITIES

83,108

71,724

CAPITAL AND RESERVES
Called up share capital 20 20
Retained earnings 83,088 71,704
SHAREHOLDERS' FUNDS 83,108 71,724

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st March 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st March 2023 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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 27th October 2023 and were signed on its behalf by:




Mr C W Mieszkian - Director



Mr A Fernandez - Director


REALTIME EUROPE LIMITED (REGISTERED NUMBER: 07140328)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST MARCH 2023

1. STATUTORY INFORMATION

Realtime Europe 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.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2010, is being amortised evenly over its estimated useful life of twenty five years.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery etc - Straight line over 3 years

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2022 - 3 ) .

4. INTANGIBLE FIXED ASSETS
Goodwill
£
COST
At 1st April 2022
and 31st March 2023 15,000
AMORTISATION
At 1st April 2022 7,200
Charge for year 600
At 31st March 2023 7,800
NET BOOK VALUE
At 31st March 2023 7,200
At 31st March 2022 7,800

REALTIME EUROPE LIMITED (REGISTERED NUMBER: 07140328)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31ST MARCH 2023

5. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£
COST
At 1st April 2022
and 31st March 2023 14,301
DEPRECIATION
At 1st April 2022 7,020
Charge for year 1,820
At 31st March 2023 8,840
NET BOOK VALUE
At 31st March 2023 5,461
At 31st March 2022 7,281

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.23 31.3.22
£ £
Trade debtors 30,905 20,670
Other debtors 5,328 4,461
36,233 25,131

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.23 31.3.22
£ £
Trade creditors 10,042 10,057
Taxation and social security 29,280 28,049
Other creditors 5,385 5,512
44,707 43,618