REAL ESTATE ECONOMICS LIMITED

Company Registration Number:
04974685 (England and Wales)

Unaudited abridged accounts for the year ended 31 December 2023

Period of accounts

Start date: 01 December 2022

End date: 31 December 2023

REAL ESTATE ECONOMICS LIMITED

Contents of the Financial Statements

for the Period Ended 31 December 2023

Balance sheet
Notes

REAL ESTATE ECONOMICS LIMITED

Balance sheet

As at 31 December 2023


Notes

13 months to 31 December 2023

2022


£

£
Fixed assets
Tangible assets: 3 4,464 5,794
Investments: 4 2,412,148 2,297,284
Total fixed assets: 2,416,612 2,303,078
Current assets
Debtors:   9,712 7,853
Cash at bank and in hand: 5,082 28,680
Total current assets: 14,794 36,533
Creditors: amounts falling due within one year:   (555,175) (685,720)
Net current assets (liabilities): (540,381) (649,187)
Total assets less current liabilities: 1,876,231 1,653,891
Creditors: amounts falling due after more than one year:   (909,000) (923,475)
Provision for liabilities: (98,250) (69,500)
Total net assets (liabilities): 868,981 660,916
Capital and reserves
Called up share capital: 2 2
Profit and loss account: 868,979 660,914
Shareholders funds: 868,981 660,916

The notes form part of these financial statements

REAL ESTATE ECONOMICS LIMITED

Balance sheet statements

For the year ending 31 December 2023 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

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

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 13 April 2024
and signed on behalf of the board by:

Name: A Liesche
Status: Director

The notes form part of these financial statements

REAL ESTATE ECONOMICS LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2023

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

Tangible fixed assets and depreciation policy

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.Fixtures and fittings - 10% on cost

Valuation and information policy

Investments in subsidiariesInvestments in subsidiary undertakings are recognised at cost.Investment propertyInvestment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

Other accounting policies

TaxationTaxation for the period comprises current and deferred tax. Tax is recognised in the Income Statement, 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.Going concernThe director has considered the financial position of the company and believes it is well placed to manage its business risks successfully. The director has a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future, thus continues to adopt the going concern basis in preparing the financial statements.

REAL ESTATE ECONOMICS LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2023

2. Employees

13 months to 31 December 2023 2022
Average number of employees during the period 1 1

REAL ESTATE ECONOMICS LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2023

3. Tangible Assets

Total
Cost £
At 01 December 2022 14,009
At 31 December 2023 14,009
Depreciation
At 01 December 2022 8,215
Charge for year 1,330
At 31 December 2023 9,545
Net book value
At 31 December 2023 4,464
At 30 November 2022 5,794

REAL ESTATE ECONOMICS LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2023

4. Fixed investments

Fixed asset investments £2Investment property £2,412,146

REAL ESTATE ECONOMICS LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2023

5. Related party transactions

At 31 December 2023 the company owed A Liesche £495,913 (2022: £652,195).