REAC-REAL ESTATE ADMINISTRATIVE CORPORATION LIMITED

Company Registration Number:
06433577 (England and Wales)

Unaudited statutory accounts for the year ended 31 December 2023

Period of accounts

Start date: 1 January 2023

End date: 31 December 2023

REAC-REAL ESTATE ADMINISTRATIVE CORPORATION LIMITED

Contents of the Financial Statements

for the Period Ended 31 December 2023

Balance sheet
Additional notes
Balance sheet notes

REAC-REAL ESTATE ADMINISTRATIVE CORPORATION LIMITED

Balance sheet

As at 31 December 2023

Notes 2023 2022


£

£
Called up share capital not paid: 0 0
Fixed assets
Intangible assets:   0 0
Tangible assets: 3 96,270 98,725
Investments:   0 0
Total fixed assets: 96,270 98,725
Current assets
Stocks:   0 0
Debtors: 4 3,695 8,858
Cash at bank and in hand: 0 37
Investments:   0 0
Total current assets: 3,695 8,895
Prepayments and accrued income: 0 0
Creditors: amounts falling due within one year:   0 0
Net current assets (liabilities): 3,695 8,895
Total assets less current liabilities: 99,965 107,620
Creditors: amounts falling due after more than one year: 5 ( 218,344 ) ( 212,604 )
Provision for liabilities: 0 0
Accruals and deferred income: 0 0
Total net assets (liabilities): (118,379) (104,984)
Capital and reserves
Called up share capital: 100 100
Share premium account: 0 0
Other reserves: (104,984) (97,757 )
Profit and loss account: (13,495 ) (7,327 )
Total Shareholders' funds: ( 118,379 ) (104,984)

The notes form part of these financial statements

REAC-REAL ESTATE ADMINISTRATIVE CORPORATION 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.

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

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

This report was approved by the board of directors on 9 August 2024
and signed on behalf of the board by:

Name: Dieter Arnold
Status: Director

The notes form part of these financial statements

REAC-REAL ESTATE ADMINISTRATIVE CORPORATION LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2023

  • 1. Accounting policies

    Basis of measurement and preparation

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

    Turnover policy

    Turnover comprises the invoiced value of goods and services supplied by the company, exclusive of Value Added Tax.

    Tangible fixed assets depreciation policy

    Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost of fixed assets, less their estimated residual value, over their expected useful lives in the following bases: Plant and machinery 2 % Motor vehicles 0 % Furniture, fittings and equipment 20%

    Other accounting policies

    Basis of preparation of financial statements The full financial statements, from which these accounts have been extracted, have been prepared under the historical cost convention and in accordance with the German tax law. Cash flow The financial statements do not include a cash flow statment because the company, as a small reporting entity, is exempt from the requirement to prepare such a statement under the Financial Reporting Standard for Smaller Entities (effective April 2008). Foreign Currencies All figures are reported in Euros.

REAC-REAL ESTATE ADMINISTRATIVE CORPORATION LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2023

  • 2. Employees

    2023 2022
    Average number of employees during the period 0 0

REAC-REAL ESTATE ADMINISTRATIVE CORPORATION LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2023

3. Tangible assets

Land & buildings Plant & machinery Fixtures & fittings Office equipment Motor vehicles Total
Cost £ £ £ £ £ £
At 1 January 2023 98,725 98,725
Additions 0 0
Disposals 0 0
Revaluations 0 0
Transfers 0 0
At 31 December 2023 98,725 98,725
Depreciation
At 1 January 2023 0 0
Charge for year 2,455 2,455
On disposals 0 0
Other adjustments 0 0
At 31 December 2023 2,455 2,455
Net book value
At 31 December 2023 96,270 96,270
At 31 December 2022 98,725 98,725

REAC-REAL ESTATE ADMINISTRATIVE CORPORATION LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2023

4. Debtors

2023 2022
£ £
Trade debtors 3,695 8,858
Total 3,695 8,858

REAC-REAL ESTATE ADMINISTRATIVE CORPORATION LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2023

5. Creditors: amounts falling due after more than one year note

2023 2022
£ £
Other creditors 218,344 212,604
Total 218,344 212,604