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REGISTERED NUMBER: 12319388 (England and Wales)















Real SFX Group Limited

Unaudited Financial Statements

for the Year Ended 30 April 2024






Real SFX Group Limited (Registered number: 12319388)






Contents of the Financial Statements
for the Year Ended 30 April 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


Real SFX Group Limited

Company Information
for the Year Ended 30 April 2024







DIRECTORS: C R Hargreaves
D R Hargreaves





REGISTERED OFFICE: Rear Of ATS
Ipswich Road
Cardiff
CF23 9AQ





REGISTERED NUMBER: 12319388 (England and Wales)





ACCOUNTANTS: Xeinadin South Wales & West Limited
Accountants & Business Advisors
Highdale House
7 Centre Court
Treforest Industrial Estate
Pontypridd
Rhondda Cynon Taff
CF37 5YR

Real SFX Group Limited (Registered number: 12319388)

Balance Sheet
30 April 2024

30.4.24 30.4.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 1,005 1,129
Investments 5 10 10
Investment property 6 612,403 608,113
613,418 609,252

CURRENT ASSETS
Cash at bank 304,055 278,106

CREDITORS
Amounts falling due within one year 7 558,376 496,288
NET CURRENT LIABILITIES (254,321 ) (218,182 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

359,097

391,070

CREDITORS
Amounts falling due after more than one year 8 345,159 379,341
NET ASSETS 13,938 11,729

CAPITAL AND RESERVES
Called up share capital 10 10
Retained earnings 13,928 11,719
13,938 11,729

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.

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 31 January 2025 and were signed on its behalf by:



C R Hargreaves - Director


Real SFX Group Limited (Registered number: 12319388)

Notes to the Financial Statements
for the Year Ended 30 April 2024

1. STATUTORY INFORMATION

Real SFX Group 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.

The presentation currency of the financial statements is the Pound Sterling (£).


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.

Preparation of consolidated financial statements
The financial statements contain information about Real SFX Group Limited as an individual company and do not contain consolidated financial information as the parent of a group. The company is exempt under Section 399(2A) of the Companies Act 2006 from the requirements to prepare consolidated financial statements.

Related party exemption
The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

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.

Investments in subsidiaries
Investments in subsidiary undertakings are recognised at cost.

Investment property
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

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.

Real SFX Group Limited (Registered number: 12319388)

Notes to the Financial Statements - continued
for the Year Ended 30 April 2024

3. EMPLOYEES AND DIRECTORS

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

4. TANGIBLE FIXED ASSETS
Fixtures
and
fittings
£   
COST
At 1 May 2023
and 30 April 2024 1,243
DEPRECIATION
At 1 May 2023 114
Charge for year 124
At 30 April 2024 238
NET BOOK VALUE
At 30 April 2024 1,005
At 30 April 2023 1,129

5. FIXED ASSET INVESTMENTS
Shares in
group
undertakings
£   
COST
At 1 May 2023
and 30 April 2024 10
NET BOOK VALUE
At 30 April 2024 10
At 30 April 2023 10

6. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 May 2023 608,113
Additions 4,290
At 30 April 2024 612,403
NET BOOK VALUE
At 30 April 2024 612,403
At 30 April 2023 608,113

Real SFX Group Limited (Registered number: 12319388)

Notes to the Financial Statements - continued
for the Year Ended 30 April 2024

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.4.24 30.4.23
£    £   
Bank loans and overdrafts 19,204 19,113
Amounts owed to group undertakings 537,635 473,233
Taxation and social security 539 3,444
Other creditors 998 498
558,376 496,288

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
30.4.24 30.4.23
£    £   
Bank loans 345,159 379,341

Amounts falling due in more than five years:

Repayable by instalments
Bank loans > 5 years by
installments 257,484 293,045
257,484 293,045

9. SECURED DEBTS

The following secured debts are included within creditors:

30.4.24 30.4.23
£    £   
Bank loans 364,363 398,454