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REGISTERED NUMBER: 15098962 (England and Wales)











Reality Experts Ltd

Unaudited Financial Statements

for the Period

28th August 2023 to 31st August 2024






Reality Experts Ltd (Registered number: 15098962)






Contents of the Financial Statements
for the Period 28th August 2023 to 31st August 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Reality Experts Ltd

Company Information
for the Period 28th August 2023 to 31st August 2024







DIRECTORS: Mrs H L Wynne
L E Gething





REGISTERED OFFICE: Mechanics House
12 Chester Road
Pentre
Deeside
Flintshire
CH5 2AA





REGISTERED NUMBER: 15098962 (England and Wales)





ACCOUNTANTS: Henry R. Davis & Co. Limited
Chartered Accountants
33 Chester Road West
Queensferry
Deeside
Flintshire
CH5 1SA

Reality Experts Ltd (Registered number: 15098962)

Balance Sheet
31st August 2024

Notes £    £   
FIXED ASSETS
Tangible assets 4 5,600

CURRENT ASSETS
Debtors 5 392
Cash at bank 23,780
24,172
CREDITORS
Amounts falling due within one year 6 18,315
NET CURRENT ASSETS 5,857
TOTAL ASSETS LESS CURRENT LIABILITIES 11,457

PROVISIONS FOR LIABILITIES 1,064
NET ASSETS 10,393

CAPITAL AND RESERVES
Called up share capital 2
Retained earnings 10,391
10,393

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 31st August 2024.

The members have not required the company to obtain an audit of its financial statements for the period ended 31st August 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.

Reality Experts Ltd (Registered number: 15098962)

Balance Sheet - continued
31st August 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 12th May 2025 and were signed on its behalf by:





L E Gething - Director


Reality Experts Ltd (Registered number: 15098962)

Notes to the Financial Statements
for the Period 28th August 2023 to 31st August 2024

1. STATUTORY INFORMATION

Reality Experts 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.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Taxation
Taxation for the period 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 period 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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the period was 2 .

Reality Experts Ltd (Registered number: 15098962)

Notes to the Financial Statements - continued
for the Period 28th August 2023 to 31st August 2024

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
Additions 7,000
At 31st August 2024 7,000
DEPRECIATION
Charge for period 1,400
At 31st August 2024 1,400
NET BOOK VALUE
At 31st August 2024 5,600

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
£   
Other debtors 392

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
£   
Taxation and social security 5,476
Other creditors 12,839
18,315