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REAL ESTATE XCHANGE LTD

Registered Number
08979930
(England and Wales)

Unaudited Financial Statements for the Year ended
31 March 2025

REAL ESTATE XCHANGE LTD
Company Information
for the year from 1 April 2024 to 31 March 2025

Director

DE SIMONE, Angelo

Registered Address

62 St. Martin's Lane
London
WC2N 4JS

Registered Number

08979930 (England and Wales)
REAL ESTATE XCHANGE LTD
Balance Sheet as at
31 March 2025

Notes

2025

2024

£

£

£

£

Fixed assets
Tangible assets32,0661,492
2,0661,492
Current assets
Debtors9901,325
Cash at bank and on hand14,46826,709
15,45828,034
Creditors amounts falling due within one year4(2,160)(2,160)
Net current assets (liabilities)13,29825,874
Total assets less current liabilities15,36427,366
Net assets15,36427,366
Capital and reserves
Called up share capital100100
Profit and loss account15,26427,266
Shareholders' funds15,36427,366
The financial statements were approved and authorised for issue by the Director on 5 June 2025, and are signed on its behalf by:
DE SIMONE, Angelo
Director
Registered Company No. 08979930
REAL ESTATE XCHANGE LTD
Notes to the Financial Statements
for the year ended 31 March 2025

1.Accounting policies
Statutory information
The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.
Statement of compliance
The financial statements have been prepared in compliance with FRS 102 Section 1A as it applies to the financial statements for the period and there were no material departures from the reporting standard.
Revenue from sale of goods
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. 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.
Foreign currency translation
Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.
Tangible fixed assets and depreciation
Tangible fixed assets are stated at cost or valuation less depreciation. Depreciation is provided on all tangible fixed assets as follows:

Straight line (years)
Office Equipment33
2.Average number of employees

20252024
Average number of employees during the year01
3.Tangible fixed assets

Office Equipment

Total

££
Cost or valuation
At 01 April 2414,31714,317
Additions2,0662,066
At 31 March 2516,38316,383
Depreciation and impairment
At 01 April 2412,82512,825
Charge for year1,4921,492
At 31 March 2514,31714,317
Net book value
At 31 March 252,0662,066
At 31 March 241,4921,492
4.Creditors: amounts due within one year

2025

2024

££
Accrued liabilities and deferred income2,1602,160
Total2,1602,160
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.