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REGISTERED NUMBER: OC446425 (England and Wales)















Report of the Members and

Unaudited Financial Statements for the Period 21 March 2023 to 31 March 2024

for

Reala LLP

Reala LLP (Registered number: OC446425)






Contents of the Financial Statements
for the Period 21 March 2023 to 31 March 2024




Page

General Information 1

Report of the Members 2

Income Statement 3

Balance Sheet 4

Notes to the Financial Statements 5


Reala LLP

General Information
for the Period 21 March 2023 to 31 March 2024







DESIGNATED MEMBERS: MR STUART GRIFFITHS
Miss Gemma Marie McMahon





REGISTERED OFFICE: Heron House
Mill Hey Road
Wirral
CH48 1NH





REGISTERED NUMBER: OC446425 (England and Wales)





ACCOUNTANTS: DBS Corporate Accountants
Suite 4102, Charlotte House
Queens Dock Business Centre
67-83 Norfolk Street
Liverpool
Merseyside
L1 0BG

Reala LLP (Registered number: OC446425)

Report of the Members
for the Period 21 March 2023 to 31 March 2024

The members present their report with the financial statements of the LLP for the period 21 March 2023 to 31 March 2024.

INCORPORATION
The LLP was incorporated on 21 March 2023 and commenced trading on 1 April 2023.

CESSATION OF TRADING
The LLP ceased trading on 31 March 2024.

PRINCIPAL ACTIVITY
The principal activity of the LLP in the period under review was that of property lettings of owned properties.

DESIGNATED MEMBERS
The designated members during the period under review were:

MR STUART GRIFFITHS
Miss Gemma Marie McMahon

RESULTS FOR THE PERIOD AND ALLOCATION TO MEMBERS
The profit for the period before members' remuneration and profit shares was £29,219.

MEMBERS' INTERESTS

ON BEHALF OF THE MEMBERS:





MR STUART GRIFFITHS - Designated member


13 August 2024

Reala LLP (Registered number: OC446425)

Income Statement
for the Period 21 March 2023 to 31 March 2024

£   

TURNOVER 290,541

Cost of sales 104,870
GROSS PROFIT 185,671

Administrative expenses 43,403
OPERATING PROFIT 142,268


Interest payable and similar
expenses

113,049
PROFIT FOR THE FINANCIAL
PERIOD BEFORE MEMBERS'
REMUNERATION AND PROFIT
SHARES AVAILABLE FOR
DISCRETIONARY DIVISION AMONG
MEMBERS





29,219

Reala LLP (Registered number: OC446425)

Balance Sheet
31 March 2024

Notes £   
TOTAL ASSETS LESS CURRENT LIABILITIES
and
NET LIABILITIES ATTRIBUTABLE
TO MEMBERS

-

LOANS AND OTHER DEBTS DUE TO
MEMBERS

29,219

MEMBERS' OTHER INTERESTS
Capital accounts (29,219 )
-

TOTAL MEMBERS' INTERESTS
Loans and other debts due to
members

29,219
Members' other interests (29,219 )
-

The LLP is entitled to exemption from audit under Section 477 of the Companies Act 2006 as applied to LLPs by the Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008 for the period ended 31 March 2024.

The members acknowledge their responsibilities for:
(a)ensuring that the LLP keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 as applied to LLPs by the Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the LLP 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 as applied to LLPs by the Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008 relating to financial statements, so far as applicable to the LLP.

The financial statements have been prepared in accordance with the provisions applicable to LLPs subject to the small LLPs regime.

The financial statements were approved by the members of the LLP and authorised for issue on 13 August 2024 and were signed by:



Miss Gemma Marie McMahon - Designated member

Reala LLP (Registered number: OC446425)

Notes to the Financial Statements
for the Period 21 March 2023 to 31 March 2024

1. STATUTORY INFORMATION

Reala LLP is registered in England and Wales. The LLP's registered number and registered office address can be found on the General 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 requirements of the Statement of Recommended Practice, Accounting by Limited Liability Partnerships. 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.

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

3. EMPLOYEE INFORMATION

The average number of employees during the period was NIL.

4. TANGIBLE FIXED ASSETS
Land and
buildings
£   
COST
Additions 4,710,000
Disposals (4,710,000 )
At 31 March 2024 -
NET BOOK VALUE
At 31 March 2024 -