Company Registration No. 13271820 (England and Wales)
Reality Is Ltd
Unaudited accounts
for the year ended 31 March 2025
Reality Is Ltd
Unaudited accounts
Contents
Reality Is Ltd
Company Information
for the year ended 31 March 2025
Directors
Miles Wagner
Carola Migliore
Company Number
13271820 (England and Wales)
Registered Office
347g New Kings Road
London
SW6 4RJ
England
Accountants
Lighthouse Accountancy Services
15 Shepherds Croft
Portland
Dorset
DT5 1DJ
Reality Is Ltd
Statement of financial position
as at 31 March 2025
Cash at bank and in hand
25,622
1,642
Creditors: amounts falling due within one year
(12,841)
(9,804)
Net current assets
17,777
129
Called up share capital
2
2
Profit and loss account
17,775
127
Shareholders' funds
17,777
129
For the year ending 31 March 2025 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 18 June 2025 and were signed on its behalf by
Carola Migliore
Director
Company Registration No. 13271820
Reality Is Ltd
Notes to the Accounts
for the year ended 31 March 2025
Reality Is Ltd is a private company, limited by shares, registered in England and Wales, registration number 13271820. The registered office is 347g New Kings Road, London, SW6 4RJ, England.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Amounts falling due within one year
5
Creditors: amounts falling due within one year
2025
2024
Taxes and social security
10,638
9,204
Loans from directors
1,358
-
6
Average number of employees
During the year the average number of employees was 2 (2024: 2).