IRIS Accounts Production v24.3.2.46 10099841 Board of Directors 1.5.23 30.4.24 30.4.24 false true false false false true false Ordinary 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh100998412023-04-30100998412024-04-30100998412023-05-012024-04-30100998412022-04-30100998412022-05-012023-04-30100998412023-04-3010099841ns15:EnglandWales2023-05-012024-04-3010099841ns14:PoundSterling2023-05-012024-04-3010099841ns10:Director12023-05-012024-04-3010099841ns10:PrivateLimitedCompanyLtd2023-05-012024-04-3010099841ns10:SmallEntities2023-05-012024-04-3010099841ns10:AuditExempt-NoAccountantsReport2023-05-012024-04-3010099841ns10:SmallCompaniesRegimeForDirectorsReport2023-05-012024-04-3010099841ns10:SmallCompaniesRegimeForAccounts2023-05-012024-04-3010099841ns10:FullAccounts2023-05-012024-04-301009984112023-05-012024-04-3010099841ns10:OrdinaryShareClass12023-05-012024-04-3010099841ns10:Director22023-05-012024-04-3010099841ns10:RegisteredOffice2023-05-012024-04-3010099841ns5:CurrentFinancialInstruments2024-04-3010099841ns5:CurrentFinancialInstruments2023-04-3010099841ns5:Non-currentFinancialInstruments2024-04-3010099841ns5:Non-currentFinancialInstruments2023-04-3010099841ns5:ShareCapital2024-04-3010099841ns5:ShareCapital2023-04-3010099841ns5:RetainedEarningsAccumulatedLosses2024-04-3010099841ns5:RetainedEarningsAccumulatedLosses2023-04-3010099841ns5:NetGoodwill2023-05-012024-04-3010099841ns5:IntangibleAssetsOtherThanGoodwill2023-05-012024-04-3010099841ns5:LongLeaseholdAssetsns5:LandBuildings2023-05-012024-04-3010099841ns5:FurnitureFittings2023-05-012024-04-3010099841ns5:ComputerEquipment2023-05-012024-04-3010099841ns5:NetGoodwill2023-04-3010099841ns5:NetGoodwill2024-04-3010099841ns5:NetGoodwill2023-04-3010099841ns5:LongLeaseholdAssetsns5:LandBuildings2023-04-3010099841ns5:FurnitureFittings2023-04-3010099841ns5:ComputerEquipment2023-04-3010099841ns5:LongLeaseholdAssetsns5:LandBuildings2024-04-3010099841ns5:FurnitureFittings2024-04-3010099841ns5:ComputerEquipment2024-04-3010099841ns5:LongLeaseholdAssetsns5:LandBuildings2023-04-3010099841ns5:FurnitureFittings2023-04-3010099841ns5:ComputerEquipment2023-04-3010099841ns5:WithinOneYearns5:CurrentFinancialInstruments2024-04-3010099841ns5:WithinOneYearns5:CurrentFinancialInstruments2023-04-3010099841ns10:OrdinaryShareClass12024-04-3010099841ns5:RetainedEarningsAccumulatedLosses2023-04-3010099841ns5:RetainedEarningsAccumulatedLosses2023-05-012024-04-30
REGISTERED NUMBER: 10099841 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 APRIL 2024

FOR

REALISTIC OXLOW LANE SERVICES LTD

REALISTIC OXLOW LANE SERVICES LTD (REGISTERED NUMBER: 10099841)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2024










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


REALISTIC OXLOW LANE SERVICES LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 30 APRIL 2024







DIRECTORS: Mrs R Deshmukh
S Salvi





REGISTERED OFFICE: 70 Maunder Close
Chafford Hundred
Grays
Essex
RM16 6BY





REGISTERED NUMBER: 10099841 (England and Wales)





ACCOUNTANTS: Ashfords Partnership LLP
114 - 116 Goodmayes Road
Ilford
Essex
IG3 9UZ

REALISTIC OXLOW LANE SERVICES LTD (REGISTERED NUMBER: 10099841)

BALANCE SHEET
30 APRIL 2024

30.4.24 30.4.23
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 - 22,500
Tangible assets 5 1,625 55,100
1,625 77,600

CURRENT ASSETS
Stocks - 9,126
Debtors 6 45,000 33,391
Cash at bank and in hand 87,698 57,516
132,698 100,033
CREDITORS
Amounts falling due within one year 7 5,845 174,050
NET CURRENT ASSETS/(LIABILITIES) 126,853 (74,017 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

128,478

3,583

CREDITORS
Amounts falling due after more than one year 8 39,583 43,057
NET ASSETS/(LIABILITIES) 88,895 (39,474 )

CAPITAL AND RESERVES
Called up share capital 9 10 10
Retained earnings 10 88,885 (39,484 )
SHAREHOLDERS' FUNDS 88,895 (39,474 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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.

REALISTIC OXLOW LANE SERVICES LTD (REGISTERED NUMBER: 10099841)

BALANCE SHEET - continued
30 APRIL 2024


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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 20 January 2025 and were signed on its behalf by:





S Salvi - Director


REALISTIC OXLOW LANE SERVICES LTD (REGISTERED NUMBER: 10099841)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2024


1. STATUTORY INFORMATION

Realistic Oxlow Lane Services 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. 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.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 0, is being amortised evenly over its estimated useful life of nil years.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Long leasehold - at varying rates on cost
Fixtures and fittings - 25% on reducing balance
Computer equipment - 25% on reducing balance

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, 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 balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

REALISTIC OXLOW LANE SERVICES LTD (REGISTERED NUMBER: 10099841)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 APRIL 2024


2. ACCOUNTING POLICIES - continued

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

Going concern
The accounts have been prepared on a going concern basis which assumes that the company will continue to receive adequate financial assistance from Directors, Bankers and other creditors.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2023 - 9 ) .

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 May 2023 112,500
Disposals (185,430 )
Reclassification/transfer 72,930
At 30 April 2024 -
AMORTISATION
At 1 May 2023 90,000
Eliminated on disposal (124,034 )
Reclassification/transfer 34,034
At 30 April 2024 -
NET BOOK VALUE
At 30 April 2024 -
At 30 April 2023 22,500

REALISTIC OXLOW LANE SERVICES LTD (REGISTERED NUMBER: 10099841)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 APRIL 2024


5. TANGIBLE FIXED ASSETS
Fixtures
Long and Computer
leasehold fittings equipment Totals
£    £    £    £   
COST
At 1 May 2023 72,930 57,195 6,313 136,438
Disposals - (57,195 ) - (57,195 )
Reclassification/transfer (72,930 ) - - (72,930 )
At 30 April 2024 - - 6,313 6,313
DEPRECIATION
At 1 May 2023 34,034 43,158 4,146 81,338
Charge for year - - 542 542
Eliminated on disposal - (43,158 ) - (43,158 )
Reclassification/transfer (34,034 ) - - (34,034 )
At 30 April 2024 - - 4,688 4,688
NET BOOK VALUE
At 30 April 2024 - - 1,625 1,625
At 30 April 2023 38,896 14,037 2,167 55,100

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.4.24 30.4.23
£    £   
Other debtors 45,000 33,391

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.4.24 30.4.23
£    £   
Trade creditors - 3,675
Taxation and social security - (292 )
Other creditors 5,845 170,667
5,845 174,050

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
30.4.24 30.4.23
£    £   
Bank loans 39,583 43,057

9. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 30.4.24 30.4.23
value: £    £   
10 Ordinary 1 10 10

REALISTIC OXLOW LANE SERVICES LTD (REGISTERED NUMBER: 10099841)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 APRIL 2024


10. RESERVES
Retained
earnings
£   

At 1 May 2023 (39,484 )
Profit for the year 130,369
Dividends (2,000 )
At 30 April 2024 88,885

11. ULTIMATE CONTROLLING PARTY

As at 30 April 2024, the company was controlled jointly by Mr S Salvi and Mrs R Deshmukh by virtue of their shareholdings.