2023-12-01 2024-11-30 false No description of principal activity Capium Accounts Production 1.1 07424678 2023-12-01 2024-11-30 07424678 bus:AbridgedAccounts 2023-12-01 2024-11-30 07424678 bus:FRS102 2023-12-01 2024-11-30 07424678 bus:AuditExemptWithAccountantsReport 2023-12-01 2024-11-30 07424678 bus:SmallCompaniesRegimeForAccounts 2023-12-01 2024-11-30 07424678 bus:PrivateLimitedCompanyLtd 2023-12-01 2024-11-30 07424678 2023-12-01 2024-11-30 07424678 2024-11-30 07424678 bus:RegisteredOffice 2023-12-01 2024-11-30 07424678 core:WithinOneYear 2024-11-30 07424678 core:AfterOneYear 2024-11-30 07424678 1 2023-12-01 2024-11-30 07424678 bus:Director1 2023-12-01 2024-11-30 07424678 bus:Director1 2024-11-30 07424678 bus:Director1 2022-12-01 2023-11-30 07424678 bus:Director2 2023-12-01 2024-11-30 07424678 bus:Director2 2024-11-30 07424678 bus:Director2 2022-12-01 2023-11-30 07424678 2022-12-01 07424678 bus:LeadAgentIfApplicable 2023-12-01 2024-11-30 07424678 2022-12-01 2023-11-30 07424678 2023-11-30 07424678 core:WithinOneYear 2023-11-30 07424678 core:AfterOneYear 2023-11-30 07424678 bus:EntityAccountantsOrAuditors 2022-12-01 2023-11-30 07424678 core:FurnitureFittings 2023-12-01 2024-11-30 07424678 core:FurnitureFittings 2024-11-30 07424678 core:FurnitureFittings 2023-11-30 07424678 core:ComputerEquipment 2023-12-01 2024-11-30 07424678 core:ComputerEquipment 2024-11-30 07424678 core:ComputerEquipment 2023-11-30 07424678 core:LeasedAssetsHeldAsLessee core:PlantMachinery 2024-11-30 07424678 core:LeasedAssetsHeldAsLessee core:PlantMachinery 2023-11-30 07424678 core:CostValuation core:Non-currentFinancialInstruments 2024-11-30 07424678 core:CostValuation core:Non-currentFinancialInstruments 2023-11-30 07424678 core:AdditionsToInvestments core:Non-currentFinancialInstruments 2024-11-30 07424678 core:DisposalsDecreaseInInvestments core:Non-currentFinancialInstruments 2024-11-30 07424678 core:RevaluationsIncreaseDecreaseInInvestments core:Non-currentFinancialInstruments 2024-11-30 07424678 core:Non-currentFinancialInstruments 2024-11-30 07424678 core:Non-currentFinancialInstruments 2023-11-30 07424678 core:ShareCapital 2024-11-30 07424678 core:ShareCapital 2023-11-30 07424678 core:RetainedEarningsAccumulatedLosses 2024-11-30 07424678 core:RetainedEarningsAccumulatedLosses 2023-11-30 07424678 dpl:Item1 2023-12-01 07424678 dpl:Item1 2024-11-30 07424678 dpl:Item1 2022-12-01 07424678 dpl:Item1 2023-11-30 iso4217:GBP xbrli:shares xbrli:pure
Registered Number: 07424678
England and Wales

 

 

 

REALISE CONSULTING LIMITED


Abridged Accounts
 


Period of accounts

Start date: 01 December 2023

End date: 30 November 2024
 
 
Notes
 
2024
£
  2023
£
Fixed assets      
Tangible fixed assets 3 34,577    41,119 
Investments 4 219,218   
253,795    41,119 
Current assets      
Debtors 1,214,878    1,362,360 
Cash at bank and in hand 753,183    741,563 
1,968,061    2,103,923 
Creditors: amount falling due within one year (451,401)   (343,500)
Net current assets 1,516,660    1,760,423 
 
Total assets less current liabilities 1,770,455    1,801,542 
Provisions for liabilities (8,644)   (10,280)
Net assets 1,761,811    1,791,262 
 

Capital and reserves
     
Called up share capital 2    2 
Profit and loss account 1,761,809    1,791,260 
Shareholders' funds 1,761,811    1,791,262 
 


For the year ended 30 November 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:
  1. The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476.
  2. The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
These 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 to the Registrar of Companies.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with section 444(2A).
The financial statements were approved by the board of directors on 04 March 2025 and were signed on its behalf by:


-------------------------------
Mr R P C Mitchell
Director
1
General Information
Realise Consulting Limited is a private company, limited by shares, registered in England and Wales, registration number 07424678, registration address Darroch, Harrow Road West, Dorking, England, RH4 3BA.

The presentation currency is £ sterling.
1.

Accounting policies

Significant accounting policies
Statement of compliance
These financial statements have been prepared in compliance with FRS 102(1A) The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.
Basis of preparation
The financial statements have been prepared under the historical cost convention as modified by the revaluation of land and buildings and certain financial instruments measured at fair value in accordance with the accounting policies.
The financial statements are prepared in sterling which is the functional currency of the company.
Turnover
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.
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.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the statement of income, 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.
Deferred taxation
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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 and 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.
Tangible fixed assets
Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost of fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Furniture and fixtures - 20% reducing balance method
Office equipment -  20% reducing balance method
At each reporting date fixed assets are reviewed to determine whether there is any indication that those assets have suffered an impairment loss. If there is an indication of possible impairment, the recoverable amount of any affected asset is estimated and compared with its carrying amount.
If estimated recoverable amount is lower, the carrying amount is reduced to its estimated recoverable amount and an impairment loss is recognised immediately in profit or loss. If an impairment loss subsequently reverses, the carrying amount of the asset is increased to the revised estimate of its recoverable amount, but not in excess of the amount that would have been determined had no impairment loss been recognised for the asset in prior years. A reversal of an impairment loss is recognised immediately in profit or loss.
Fixed asset investments
Fixed asset investments are stated at cost less provision for any permanent diminution in value.
Debtors
Short term debtors are measured at transaction price less any impairment. Loans receivable are measured at initially at fair value, net of transaction costs, and are measured subsequently at amortised costs using the effective interest method.
Creditors
Short term creditors are measured at the transaction price. Other financial liabilities, including bank loans are measured initially at fair value, net of transaction costs, and are subsequently measured at amortised costs using the effective interest method.
2.

Average number of employees

Average number of employees during the year was 6 (2023 : 6).
3.

Tangible fixed assets

Cost or valuation Fixtures and Fittings   Computer Equipment   Total
  £   £   £
At 01 December 2023 5,356    67,271    72,627 
Additions 341    1,468    1,809 
Disposals    
At 30 November 2024 5,697    68,739    74,436 
Depreciation
At 01 December 2023 3,750    27,758    31,508 
Charge for year 384    7,967    8,351 
On disposals    
At 30 November 2024 4,134    35,725    39,859 
Net book values
Closing balance as at 30 November 2024 1,563    33,014    34,577 
Opening balance as at 01 December 2023 1,606    39,513    41,119 


4.

Investments

Cost Other investments other than loans   Total
  £   £
At 01 December 2023  
Additions 200,000    200,000 
Transfer to/from tangible fixed assets  
Disposals  
Revaluations 19,218    19,218 
At 30 November 2024 219,218    219,218 

5.

Advances and Credits



Mr R P C Mitchell
The following advances and credits to a director subsisted during the years ended 30 November 2024 and 30 November 2023: Interest is payable on the loan at 2.25% and there is no fixed date of repayment.

Current year (2024)
Brought Forward
£
Amount
£
Interest
£
Repaid
£
Written Off
£
Waived
£
Carry Forward
£
Mr R P C Mitchell904,538 249,596 395,941 758,193 
904538249596039594100758193
Previous year (2023)
Brought Forward
£
Amount
£
Interest
£
Repaid
£
Written Off
£
Waived
£
Carry Forward
£
Mr R P C Mitchell896,990 26,289 18,741 904,538 
8969902628901874100904538
6.

Director’s loan

Director's Advances, Credits And Guarantees

At the balance sheet, there were credit balances on the following directors' loan accounts:

Mrs Chantal Busson-Mitchell - £1,009 in credit (2023: £nil).

The above loan is interest free with no fixed date of repayment.



7.

Debtors: amounts falling due within one year

.   2024
£
  2023
£
Trade Debtors 137,950  140,650 
Prepayments & Accrued Income 29,220  24,496 
Other Debtors 290,232  292,676 
Directors' Loan Accounts 757,184  904,538 
VAT 292 
1,214,878  1,362,360 

8.

Creditors: amounts falling due within one year

.   2024
£
  2023
£
Trade Creditors 12,945  4,716 
Corporation Tax 13,535  77,192 
Accruals and Deferred Income 409,454  241,171 
Other Creditors 15,467  14,013 
VAT 6,408 
451,401  343,500 

9.

Leasing agreements

Minimum lease payments under non-cancellable operating leases fall due as follows:
.   2024
£
Within one year 12,537 
Between one and five years 11,492 
24,029 

10.

Provisions for liabilities

.   2024
£
  2023
£
Deferred Tax 8,644  10,280 
8,644  10,280 

2