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REGISTERED NUMBER: 06676742 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 August 2024

for

RealChangeSolutions Limited

RealChangeSolutions Limited (Registered number: 06676742)






Contents of the Financial Statements
for the Year Ended 31 August 2024




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 4


RealChangeSolutions Limited

Company Information
for the Year Ended 31 August 2024







Director: A Wilcock





Registered office: 114-120 Northgate Street
Chester
CH1 2HT





Registered number: 06676742 (England and Wales)





Accountants: Ellis & Co
Chartered Accountants
114-120 Northgate Street
Chester
CH1 2HT

RealChangeSolutions Limited (Registered number: 06676742)

Statement of Financial Position
31 August 2024

31/8/24 31/8/23
Notes £    £    £   
Fixed assets
Tangible assets 4 347 414

Current assets
Debtors 5 9,049 12,266
Cash at bank 34,011 39,347
43,060 51,613
Creditors
Amounts falling due within one year 6 11,008 12,996
Net current assets 32,052 38,617
Total assets less current liabilities 32,399 39,031

Creditors
Amounts falling due after more than
one year

7

4,750

7,750
Net assets 27,649 31,281

Capital and reserves
Called up share capital 100 100
Retained earnings 27,549 31,181
27,649 31,281

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

RealChangeSolutions Limited (Registered number: 06676742)

Statement of Financial Position - continued
31 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 21 May 2025 and were signed by:





A Wilcock - Director


RealChangeSolutions Limited (Registered number: 06676742)

Notes to the Financial Statements
for the Year Ended 31 August 2024

1. Statutory information

RealChangeSolutions 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.

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.

Revenue from the rendering of services is measured by reference to the stage of completion of the service transaction at the end of the reporting period provided that the outcome can be reliably estimated. When the outcome cannot be reliably estimated, revenue is recognised only to the extent that expenses recognised are recoverable.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Fixtures, fittings & equipment - 25% on cost

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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 tax
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 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.

RealChangeSolutions Limited (Registered number: 06676742)

Notes to the Financial Statements - continued
for the Year Ended 31 August 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.

3. Employees and directors

The average number of employees during the year was 1 (2023 - 1 ) .

4. Tangible fixed assets
Fixtures,
fittings
& equipment
£   
Cost
At 1 September 2023 9,588
Additions 329
At 31 August 2024 9,917
Depreciation
At 1 September 2023 9,174
Charge for year 396
At 31 August 2024 9,570
Net book value
At 31 August 2024 347
At 31 August 2023 414

5. Debtors: amounts falling due within one year
31/8/24 31/8/23
£    £   
Trade debtors 8,834 12,266
Other debtors 215 -
9,049 12,266

6. Creditors: amounts falling due within one year
31/8/24 31/8/23
£    £   
Bank loans and overdrafts 3,000 3,000
Taxation and social security 5,593 5,843
Other creditors 2,415 4,153
11,008 12,996

RealChangeSolutions Limited (Registered number: 06676742)

Notes to the Financial Statements - continued
for the Year Ended 31 August 2024

7. Creditors: amounts falling due after more than one year
31/8/24 31/8/23
£    £   
Bank loans 4,750 7,750

8. Director's advances, credits and guarantees

The following advances and credits to a director subsisted during the years ended 31 August 2024 and 31 August 2023:

31/8/24 31/8/23
£    £   
A Wilcock
Balance outstanding at start of year - -
Amounts advanced 215 -
Amounts repaid - -
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 215 -

The maximum outstanding balance during the year was £215. The loans are unsecured, interest-free and repayable on demand.