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REGISTERED NUMBER: 07863378 (England and Wales)












UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2023

FOR

REAL ESTATE VENTURES LIMITED
T/A
AIRMANAGE

REAL ESTATE VENTURES LIMITED (REGISTERED NUMBER: 07863378)
T/A AIRMANAGE

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023










Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 4


REAL ESTATE VENTURES LIMITED
T/A AIRMANAGE

COMPANY INFORMATION
FOR THE YEAR ENDED 31 DECEMBER 2023







DIRECTOR: Mr R A Day





REGISTERED OFFICE: Unit 2.02
High Weald House
Glovers End
Bexhill
East Sussex
TN39 5ES





REGISTERED NUMBER: 07863378 (England and Wales)





ACCOUNTANTS: Acuity Professional Partnership LLP
Unit 2.02 High Weald House
Glovers End
Bexhill
East Sussex
TN39 5ES

REAL ESTATE VENTURES LIMITED (REGISTERED NUMBER: 07863378)
T/A AIRMANAGE

STATEMENT OF FINANCIAL POSITION
31 DECEMBER 2023

31.12.23 31.12.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 2,858 -

CURRENT ASSETS
Debtors 5 35,740 63,906
Cash at bank 35,492 297
71,232 64,203
CREDITORS
Amounts falling due within one year 6 59,439 41,924
NET CURRENT ASSETS 11,793 22,279
TOTAL ASSETS LESS CURRENT
LIABILITIES

14,651

22,279

CREDITORS
Amounts falling due after more than one
year

7

5,370

9,471
NET ASSETS 9,281 12,808

CAPITAL AND RESERVES
Called up share capital 9 100 100
Retained earnings 9,181 12,708
SHAREHOLDERS' FUNDS 9,281 12,808

REAL ESTATE VENTURES LIMITED (REGISTERED NUMBER: 07863378)
T/A AIRMANAGE

STATEMENT OF FINANCIAL POSITION - continued
31 DECEMBER 2023


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 22 November 2024 and were signed by:





Mr R A Day - Director


REAL ESTATE VENTURES LIMITED (REGISTERED NUMBER: 07863378)
T/A AIRMANAGE

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023


1. STATUTORY INFORMATION

Real Estate Ventures 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.

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 - 25% on reducing balance
Computer equipment - 33% 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.

3. EMPLOYEES AND DIRECTORS

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

4. TANGIBLE FIXED ASSETS
Plant and Computer
machinery equipment Totals
£    £    £   
Cost
Additions 2,360 705 3,065
At 31 December 2023 2,360 705 3,065
Depreciation
Charge for year 147 60 207
At 31 December 2023 147 60 207
Net book value
At 31 December 2023 2,213 645 2,858

REAL ESTATE VENTURES LIMITED (REGISTERED NUMBER: 07863378)
T/A AIRMANAGE

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 DECEMBER 2023


5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.23 31.12.22
£    £   
Amounts owed by associates 26,854 52,772
Other debtors 8,886 11,134
35,740 63,906

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.23 31.12.22
£    £   
Bank loans and overdrafts (see note 8) 4,295 4,194
Trade creditors 1,984 1,890
Taxation and social security 21,541 13,472
Other creditors 31,619 22,368
59,439 41,924

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.12.23 31.12.22
£    £   
Bank loans (see note 8) 5,370 9,471

8. LOANS

An analysis of the maturity of loans is given below:

31.12.23 31.12.22
£    £   
Amounts falling due within one year or on demand:
Bank loans 4,295 4,194

Amounts falling due between one and two years:
Bank loans - 1-2 years 4,404 4,300

Amounts falling due between two and five years:
Bank loans - 2-5 years 966 5,171

9. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.12.23 31.12.22
value: £    £   
100 Ordinary £1 100 100