2023-07-01 06937132 2024-06-30 06937132 2023-07-01 2024-06-30 06937132 2023-06-30 06937132 2022-07-01 2023-06-30 06937132 uk-core:WithinOneYear 2023-06-30 06937132 uk-core:WithinOneYear 2024-06-30 06937132 uk-core:ShareCapital 2024-06-30 06937132 uk-core:ShareCapital 2023-06-30 06937132 uk-core:SharePremium 2024-06-30 06937132 uk-core:SharePremium 2023-06-30 06937132 uk-core:RetainedEarningsAccumulatedLosses 2024-06-30 06937132 uk-core:RetainedEarningsAccumulatedLosses 2023-06-30 06937132 uk-bus:Director1 2023-07-01 2024-06-30 06937132 uk-core:ComputerEquipment 2023-07-01 2024-06-30 06937132 uk-core:MotorVehicles 2023-07-01 2024-06-30 06937132 uk-core:FurnitureFittingsToolsEquipment 2023-07-01 2024-06-30 06937132 uk-core:ComputerEquipment 2023-06-30 06937132 uk-core:FurnitureFittingsToolsEquipment 2023-06-30 06937132 uk-core:MotorVehicles 2023-06-30 06937132 uk-core:MotorVehicles 2024-06-30 06937132 uk-core:FurnitureFittingsToolsEquipment 2024-06-30 06937132 uk-core:ComputerEquipment 2024-06-30 iso4217:GBP xbrli:pure 06937132 uk-bus:AuditExemptWithAccountantsReport 2023-07-01 2024-06-30 06937132 uk-bus:FRS102 2023-07-01 2024-06-30 06937132 uk-bus:FilletedAccounts 2023-07-01 2024-06-30 06937132 uk-bus:PrivateLimitedCompanyLtd 2023-07-01 2024-06-30
Realise Creative Ltd
Registered Number:06937132
For the year ended 30 June 2024
England and Wales
Unaudited Financial Statements
2
For the year ended 30 June 2024
Realise Creative Ltd
Contents Page
1
Statement of Financial Position
2 to 4
Notes to the Financial Statements
3
Registered Number :
06937132
As at 30 June 2024
Realise Creative Ltd
Statement of Financial Position
£
£
2023
2024
Notes
Fixed assets
Property, plant and equipment
31,411
43,607
2
31,411
43,607
Current assets
Trade and other receivables
215,281
126,498
3
258,245
Cash and cash equivalents
284,349
410,847
473,526
Trade and other payables: amounts falling due within one
year
(34,563)
(33,510)
4
438,963
377,337
Net current assets
Total assets less current liabilities
408,748
482,570
(7,711)
(10,557)
Provisions for liabilities
401,037
Net assets
472,013
Capital and reserves
Called up share capital
2
2
Share premium account
17,284
17,284
Retained earnings
383,751
454,727
401,037
472,013
Shareholders' funds
For the year ended 30 June 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 of its financial statements for the year ended 30 June 2024 in accordance with Section 476 of the Companies Act 2006
The directors acknowledge their responsibilities for:a) ensuring that the company keeps proper 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 Section
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.
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.
The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
N Perkins Director
These financial statements were approved and authorised for issue by the Board on 28 March 2025 and were signed by:
The notes form part of these financial statements
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4
For the year ended 30 June 2024
Realise Creative Ltd
Notes to the Financial Statements
Statutory Information
Realise Creative Ltd is a private limited company, limited by shares, domiciled in England and Wales, registration
number 06937132.
Registered address:
Unit D Willow House
Dragonfly Place
Brockley
London
SE4 2FJ
The presentation currency is £ sterling.
1. Accounting policies
Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A of Financial
Reporting Standard 102 ''The Financial Reporting Standard applicable in the UK and Republic of Ireland'' and the
Companies Act 2006. The financial statements have been prepared under the historical costs convention as
modified by the revaluation of certain assets.
The principal accounting policies adopted are set out below.
Revenue recognition
Turnover is measured at the fair value of the consideration receivable for services provided net of Value Added Tax.
Property, plant and equipment
Property, plant and equipment, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:
25% Straight line
Computer Equipment
25% Reducing balance
Motor Vehicles
25% Straight line
Equipment
Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position date.
Pension costs and other post-retirement benefits
Contributions payable are charged to the profit and loss account in the period in which they are payable.
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5
For the year ended 30 June 2024
Realise Creative Ltd
Notes to the Financial Statements Continued
2. Property, plant and equipment
Total
Computer
Equipment
Equipment
Motor
Vehicles
£
£
£
£
Cost or
valuation
At 01 July 2023
159,635
70,374
37,209
52,052
196
-
196
-
Additions
At 30 June 2024
52,052
37,405
70,374
159,831
Provision for depreciation and impairment
At 01 July 2023
116,028
68,339
34,676
13,013
Charge for year
12,392
1,018
1,614
9,760
At 30 June 2024
128,420
69,357
36,290
22,773
At 30 June 2024
Net book value
29,279
1,115
1,017
31,411
At 30 June 2023
39,039
2,533
2,035
43,607
3. Trade and other receivables
2023
2024
£
£
Trade debtors
-
19,140
Other debtors
126,498
196,141
215,281
126,498
4. Trade and other payables: amounts falling due within one year
2023
2024
£
£
Trade creditors
2,718
2,096
Taxation and social security
19,804
7,365
Other creditors
10,988
25,102
33,510
34,563
5. Related party transactions
During the year the company received repayment of £71,000 towards a loan that it provided to a company under
common control of one of the directors. As at 30 June 2024 the total amount outstanding from related parties was
£124,205 (2023: £195,205). The loans were provided interest free but are repayable on demand. The balances
outstanding are included in Other debtors in note 5 of the accounts.
6. Average number of persons employed
During the year the average number of employees was 3 (2023 : 3)
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6
For the year ended 30 June 2024
Realise Creative Ltd
Notes to the Financial Statements Continued
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