Company Registration No. 13198977 (England and Wales)
Realveeu Ltd
Unaudited accounts
for the period from 1 March 2023 to 28 February 2024
Realveeu Ltd
Unaudited accounts
Contents
Realveeu Ltd
Company Information
for the period from 1 March 2023 to 28 February 2024
Director
Victor Agbontohoma
Company Number
13198977 (England and Wales)
Registered Office
128 City Road
LONDON
London
EC1V 2NX
UNITED KINGDOM
Realveeu Ltd
Statement of financial position
as at 28 February 2024
Tangible assets
463,878
451,342
Cash at bank and in hand
3,905
4,927
Creditors: amounts falling due within one year
(32,414)
-
Net current (liabilities)/assets
(28,509)
4,927
Total assets less current liabilities
435,369
456,269
Creditors: amounts falling due after more than one year
(476,282)
(473,114)
Net liabilities
(40,913)
(16,845)
Profit and loss account
(40,913)
(16,845)
Shareholders' funds
(40,913)
(16,845)
For the period ending 28 February 2024 the company was entitled to exemption from audit 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 director acknowledges his 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 18 September 2024 and were signed on its behalf by
Victor Agbontohoma
Director
Company Registration No. 13198977
Realveeu Ltd
Notes to the Accounts
for the period from 1 March 2023 to 28 February 2024
Realveeu Ltd is a private company, limited by shares, registered in England and Wales, registration number 13198977. The registered office is 128 City Road, LONDON, London, EC1V 2NX, UNITED KINGDOM.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous period, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Fixtures & fittings
5 Years
Computer equipment
3 Years
4
Tangible fixed assets
Land & buildings
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At 1 March 2023
451,342
-
451,342
At 28 February 2024
451,342
15,670
467,012
Charge for the period
-
3,134
3,134
At 28 February 2024
-
3,134
3,134
At 28 February 2024
451,342
12,536
463,878
At 28 February 2023
451,342
-
451,342
5
Creditors: amounts falling due within one year
2024
2023
Loans from directors
32,414
-
Realveeu Ltd
Notes to the Accounts
for the period from 1 March 2023 to 28 February 2024
6
Creditors: amounts falling due after more than one year
2024
2023
Bank loans
312,950
312,950
Amounts owed to group undertakings and other participating interests
41,668
38,500
Loans from directors
121,664
121,664
7
Average number of employees
During the period the average number of employees was 1 (2023: 1).