IRIS Accounts Production v23.4.0.336 08625393 Board of Directors 1.8.22 31.7.23 31.7.23 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh086253932022-07-31086253932023-07-31086253932022-08-012023-07-31086253932021-07-31086253932021-08-012022-07-31086253932022-07-3108625393ns15:EnglandWales2022-08-012023-07-3108625393ns14:PoundSterling2022-08-012023-07-3108625393ns10:Director12022-08-012023-07-3108625393ns10:PrivateLimitedCompanyLtd2022-08-012023-07-3108625393ns10:SmallEntities2022-08-012023-07-3108625393ns10:AuditExempt-NoAccountantsReport2022-08-012023-07-3108625393ns10:SmallCompaniesRegimeForDirectorsReport2022-08-012023-07-3108625393ns10:SmallCompaniesRegimeForAccounts2022-08-012023-07-3108625393ns10:FullAccounts2022-08-012023-07-3108625393ns10:Director22022-08-012023-07-3108625393ns10:RegisteredOffice2022-08-012023-07-3108625393ns5:CurrentFinancialInstruments2023-07-3108625393ns5:CurrentFinancialInstruments2022-07-3108625393ns5:ShareCapital2023-07-3108625393ns5:ShareCapital2022-07-3108625393ns5:RetainedEarningsAccumulatedLosses2023-07-3108625393ns5:RetainedEarningsAccumulatedLosses2022-07-3108625393ns5:PlantMachinery2022-08-012023-07-3108625393ns5:PlantMachinery2022-07-3108625393ns5:PlantMachinery2023-07-3108625393ns5:PlantMachinery2022-07-3108625393ns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-07-3108625393ns5:CurrentFinancialInstrumentsns5:WithinOneYear2022-07-31086253931ns10:Director12022-07-31086253931ns10:Director12021-07-31086253931ns10:Director12022-08-012023-07-31086253931ns10:Director12021-08-012022-07-31086253931ns10:Director12023-07-31086253931ns10:Director12022-07-3108625393ns10:Director222022-07-3108625393ns10:Director222021-07-3108625393ns10:Director222022-08-012023-07-3108625393ns10:Director222021-08-012022-07-3108625393ns10:Director222023-07-3108625393ns10:Director222022-07-31
REGISTERED NUMBER: 08625393 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 July 2023

for

Rea Software Limited

Rea Software Limited (Registered number: 08625393)






Contents of the Financial Statements
for the Year Ended 31 July 2023




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 3


Rea Software Limited

Company Information
for the Year Ended 31 July 2023







DIRECTORS: L Rea
Mrs E S Rea





REGISTERED OFFICE: Nuholme
Sherfield Road
Bramley
Tadley
Hampshire
RG26 5AG





REGISTERED NUMBER: 08625393 (England and Wales)





ACCOUNTANTS: EDMONDS ACCOUNTANCY LIMITED
Unit 11, Diddenham Bus Park,
Diddenham Court
Grazeley,
READING
Berkshire
RG7 1JQ

Rea Software Limited (Registered number: 08625393)

Statement of Financial Position
31 July 2023

31.7.23 31.7.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 27,450 2,139

CURRENT ASSETS
Debtors 5 93 19,460
Cash at bank 193,389 223,820
193,482 243,280
CREDITORS
Amounts falling due within one year 6 15,799 28,772
NET CURRENT ASSETS 177,683 214,508
TOTAL ASSETS LESS CURRENT
LIABILITIES

205,133

216,647

CAPITAL AND RESERVES
Called up share capital 2 2
Retained earnings 205,131 216,645
205,133 216,647

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 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 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 17 April 2024 and were signed on its behalf by:





L Rea - Director


Rea Software Limited (Registered number: 08625393)

Notes to the Financial Statements
for the Year Ended 31 July 2023

1. STATUTORY INFORMATION

Rea Software 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.

Revenue is recognised for the provision of services as the contractual activity progresses.

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 - 33% on cost and 20% on cost

Motor vehicles - 20% on cost

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 statement of financial position date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2022 - 2 ) .

Rea Software Limited (Registered number: 08625393)

Notes to the Financial Statements - continued
for the Year Ended 31 July 2023

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 August 2022 3,631
Additions 31,000
At 31 July 2023 34,631
DEPRECIATION
At 1 August 2022 1,492
Charge for year 5,689
At 31 July 2023 7,181
NET BOOK VALUE
At 31 July 2023 27,450
At 31 July 2022 2,139

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.7.23 31.7.22
£    £   
Trade debtors - 19,461
Other debtors 93 (1 )
93 19,460

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.7.23 31.7.22
£    £   
Trade creditors - 83
Taxation and social security 193 15,079
Other creditors 15,606 13,610
15,799 28,772

7. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 31 July 2023 and 31 July 2022:

31.7.23 31.7.22
£    £   
L Rea
Balance outstanding at start of year (580 ) 43,370
Amounts advanced 19,362 85,268
Amounts repaid (20,027 ) (129,218 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year (1,245 ) (580 )

Rea Software Limited (Registered number: 08625393)

Notes to the Financial Statements - continued
for the Year Ended 31 July 2023

7. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES - continued

Mrs E S Rea
Balance outstanding at start of year (13,033 ) -
Amounts advanced 19,320 -
Amounts repaid (20,649 ) (13,033 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year (14,362 ) (13,033 )