Acorah Software Products - Accounts Production 16.3.350 false true 31 December 2023 7 December 2022 false 1 January 2024 31 December 2024 31 December 2024 14528513 Mrs Zarja Cibej Mr Epaminontas Triantafilou Mrs Zarja Cibej Mr Epaminontas Triantafilou iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 14528513 2023-12-31 14528513 2024-12-31 14528513 2024-01-01 2024-12-31 14528513 frs-core:Non-currentFinancialInstruments 2024-12-31 14528513 frs-core:ComputerEquipment 2024-01-01 2024-12-31 14528513 frs-core:FurnitureFittings 2024-01-01 2024-12-31 14528513 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2024-01-01 2024-12-31 14528513 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2024-01-01 2024-12-31 14528513 frs-core:MotorVehicles 2024-01-01 2024-12-31 14528513 frs-core:PlantMachinery 2024-01-01 2024-12-31 14528513 frs-core:ShareCapital 2024-12-31 14528513 frs-core:RetainedEarningsAccumulatedLosses 2024-12-31 14528513 frs-bus:PrivateLimitedCompanyLtd 2024-01-01 2024-12-31 14528513 frs-bus:AbridgedAccounts 2024-01-01 2024-12-31 14528513 frs-bus:SmallEntities 2024-01-01 2024-12-31 14528513 frs-bus:AuditExempt-NoAccountantsReport 2024-01-01 2024-12-31 14528513 frs-bus:SmallCompaniesRegimeForAccounts 2024-01-01 2024-12-31 14528513 frs-bus:Director1 2024-01-01 2024-12-31 14528513 frs-bus:Director2 2024-01-01 2024-12-31 14528513 frs-bus:CompanySecretary1 2024-01-01 2024-12-31 14528513 frs-bus:CompanySecretary2 2024-01-01 2024-12-31 14528513 frs-countries:EnglandWales 2024-01-01 2024-12-31 14528513 2022-12-06 14528513 2023-12-31 14528513 2022-12-07 2023-12-31 14528513 frs-core:Non-currentFinancialInstruments 2023-12-31 14528513 frs-core:ShareCapital 2023-12-31 14528513 frs-core:RetainedEarningsAccumulatedLosses 2023-12-31
Registered number: 14528513
Real Flow Ltd
Unaudited ABRIDGED Financial Statements
For The Year Ended 31 December 2024
VIBAS Accountants
Contents
Page
Abridged Balance Sheet 1—2
Notes to the Abridged Financial Statements 3—4
Page 1
Abridged Balance Sheet
Registered number: 14528513
31 December 2024 31 December 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 1,307 1,597
Investment Properties 5 532,092 -
533,399 1,597
CURRENT ASSETS
Debtors - 101,575
Cash at bank and in hand 10,512 9,425
10,512 111,000
Creditors: Amounts Falling Due Within One Year (385,012 ) (120,244 )
NET CURRENT ASSETS (LIABILITIES) (374,500 ) (9,244 )
TOTAL ASSETS LESS CURRENT LIABILITIES 158,899 (7,647 )
Creditors: Amounts Falling Due After More Than One Year (168,210 ) (108 )
NET LIABILITIES (9,311 ) (7,755 )
CAPITAL AND RESERVES
Called up share capital 6 2 4
Profit and Loss Account (9,313 ) (7,759 )
SHAREHOLDERS' FUNDS (9,311) (7,755)
Page 1
Page 2
For the year ending 31 December 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 in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
All of the company's members have consented to the preparation of an Abridged Profit and Loss Account and an Abridged Balance Sheet for the year end 31 December 2024 in accordance with section 444(2A) of the Companies Act 2006.
On behalf of the board
Mrs Zarja Cibej
Director
17/02/2025
The notes on pages 3 to 4 form part of these financial statements.
Page 2
Page 3
Notes to the Abridged Financial Statements
1. General Information
Real Flow Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 14528513 . The registered office is 71-75 Shelton Street, Covent Garden, London, WC2H 9JQ.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.
Sale of goods
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.
Rendering of services
Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.
2.3. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Freehold 2% str line
Leasehold 2% str line
Plant & Machinery 25% reducing balance
Motor Vehicles 25% reducing balance
Fixtures & Fittings 25% reducing balance
Computer Equipment 25% reducing balance
2.4. Investment Properties
All investment properties are carried at fair value determined annually and derived from the current market rents and investment property yields for comparable real estate, adjusted if necessary for any difference in the nature, location or condition of the specific asset. No depreciation is provided for. Changes in fair value are recognised in the profit and loss account.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 2 (2023: 2)
2 2
4. Tangible Assets
Total
£
Cost
As at 1 January 2024 1,597
Additions 1,307
Disposals (1,597 )
As at 31 December 2024 1,307
...CONTINUED
Page 3
Page 4
Net Book Value
As at 31 December 2024 1,307
As at 1 January 2024 1,597
5. Investment Property
31 December 2024
£
Fair Value
As at 1 January 2024 -
Additions 532,092
As at 31 December 2024 532,092
6. Share Capital
31 December 2024 31 December 2023
£ £
Allotted, Called up and fully paid 2 4
Page 4