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REGISTERED NUMBER: 07206721 (England and Wales)










Unaudited Financial Statements

for the Year Ended 31 December 2023

for

Real Interiors Ltd

Real Interiors Ltd (Registered number: 07206721)






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




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


Real Interiors Ltd

Company Information
for the Year Ended 31 December 2023







DIRECTOR: M A Pattison





REGISTERED OFFICE: 600 Bolton Rd
Bury
BL8 2DR





REGISTERED NUMBER: 07206721 (England and Wales)





ACCOUNTANTS: Thompson Jones Business Solutions Limited
2 Heap Bridge
Bury
Lancashire
BL9 7HR

Real Interiors Ltd (Registered number: 07206721)

Balance Sheet
31 December 2023

2023 2022
Notes £    £   
FIXED ASSETS
Investments 5 178,600 178,600

CURRENT ASSETS
Debtors 6 17,655 12,738
Cash at bank and in hand 619 115
18,274 12,853
CREDITORS
Amounts falling due within one year 7 (22,368 ) (16,398 )
NET CURRENT LIABILITIES (4,094 ) (3,545 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

174,506

175,055

CAPITAL AND RESERVES
Called up share capital 1,000 1,000
Share premium 27,225 27,225
Retained earnings 146,281 146,830
174,506 175,055

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2023 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 director and authorised for issue on 19 September 2024 and were signed by:





M A Pattison - Director


Real Interiors Ltd (Registered number: 07206721)

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

1. STATUTORY INFORMATION

Real Interiors Ltd 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. STATEMENT OF COMPLIANCE

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.

3. ACCOUNTING POLICIES

BASIS OF PREPARING THE FINANCIAL STATEMENTS
The financial statements have been prepared under the historical cost convention.

CONSOLIDATION
The company has taken advantage of the option not to prepare consolidated financial statements contained in Section 398 of the Companies Act 2006 on the basis that the company and its subsidiary undertakings comprise a small group.

FINANCIAL INSTRUMENTS
Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the entity after deducting all of its financial liabilities.

Where the contractual obligations of financial instruments (including share capital) are equivalent to a similar debt instrument, those financial instruments are classed as financial liabilities. Financial liabilities are presented as such in the balance sheet. Finance costs and gains or losses relating to financial liabilities are included in the profit and loss account. Finance costs are calculated so as to produce a constant rate of return on the outstanding liability.

Where the contractual terms of share capital do not have any terms meeting the definition of a financial liability then this is classed as an equity instrument. Dividends and distributions relating to equity instruments are debited direct to equity.

INVESTMENTS
Fixed asset investments are initially recorded at cost, and subsequently stated at cost less any accumulated impairment losses.

Listed investments are measured at fair value with changes in fair value being recognised in profit or loss.

INVESTMENTS IN ASSOCIATES
Investments in associates accounted for in accordance with the cost model are recorded at cost less any accumulated impairment losses.

Investments in associates accounted for in accordance with the fair value model are initially recorded at the transaction price. At each reporting date, the investments are measured at fair value, with changes in fair value recognised in other comprehensive income/profit or loss. Where it is impracticable to measure fair value reliably without undue cost or effort, the cost model will be adopted.

Dividends and other distributions received from the investment are recognised as income without regard to whether the distributions are from accumulated profits of the associate arising before or after the date of acquisition.

Real Interiors Ltd (Registered number: 07206721)

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

4. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2022 - 1 ) .

5. FIXED ASSET INVESTMENTS
Shares in
group
undertaking
£   
COST
At 1 January 2023
and 31 December 2023 178,600
NET BOOK VALUE
At 31 December 2023 178,600
At 31 December 2022 178,600

Subsidiaries, associates and other investments

Subsidiary undertakings Registered office Class of
share
Percentage
of shares
held




Debona Wallcoverings Limited
Unit 1 Froxmer
Street, Gorton Lane,
Gorton,
Manchester, M18
8EF




Ordinary




100


The results and capital and reserves for the year are as follows:


Capital and reserves Profit/(loss) for the year
Subsidiary undertakings 2023 2022 2023 2022
Debona Wallcoverings Limited 678,037 752,939 11,498 68,850

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Amounts owed by participating interests 17,655 12,738

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Other creditors 4,200 -
Directors' current accounts 17,758 16,008
Accrued expenses 410 390
22,368 16,398

Real Interiors Ltd (Registered number: 07206721)

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

8. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

During the year the director entered into the following advances and credits with the company:

2023

Particulars
Balance brought
forward
Advances/ (credits)
to the directors
Balance
outstanding
£££
M.A.Pattinson (16,008)(1,750)(17,758)
2022

Particulars
Balance brought
forward
Advances/ (credits)
to the directors
Balance
outstanding
£££
M.A. Pattinson(208)(15,800)(16,008)