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Registration number: 04106308

Real Estate Consultancy Services Limited

Unaudited Financial Statements

for the Year Ended 31 December 2024

Brebners
Chartered Accountants
130 Shaftesbury Avenue
London
W1D 5AR

 

Real Estate Consultancy Services Limited

Contents

Company Information

1

Statement of Financial Position

2 to 3

Notes to the Financial Statements

4 to 6

 

Real Estate Consultancy Services Limited

Company Information

Directors

G J Jackson

A C Robinson

H S Bigmore

P D Jackson

T Robinson

Registered office

2nd Floor
2-4 Court Yard
Eltham
London
SE9 5PZ

Accountants

Brebners
Chartered Accountants
130 Shaftesbury Avenue
London
W1D 5AR

 

Real Estate Consultancy Services Limited

Statement of Financial Position as at 31 December 2024

Note

2024
£

2023
£

Fixed assets

 

Tangible assets

4

2,235

2,980

Current assets

 

Debtors

5

108,523

73,213

Cash at bank and in hand

 

834,101

768,732

 

942,624

841,945

Creditors: Amounts falling due within one year

6

(394,656)

(417,729)

Net current assets

 

547,968

424,216

Total assets less current liabilities

 

550,203

427,196

Provisions for liabilities

(745)

(707)

Net assets

 

549,458

426,489

Capital and reserves

 

Called up share capital

2

2

Retained earnings

549,456

426,487

Shareholders' funds

 

549,458

426,489

 

Real Estate Consultancy Services Limited

Statement of Financial Position as at 31 December 2024

For the financial 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.

Directors' responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006 and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime and the option not to file the Statement of Income and Retained Earnings has been taken.

Approved and authorised by the Board on 22 July 2025 and signed on its behalf by:
 

.........................................

P D Jackson

Director

Company registration number: 04106308

 

Real Estate Consultancy Services Limited

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

1

General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
2nd Floor
2-4 Court Yard
Eltham
London
SE9 5PZ

The principal activity of the company is that of the provision of consultancy services.

2

Accounting policies

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A - 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006.

Basis of preparation

These financial statements have been prepared using the historical cost convention and are presented in sterling, which is the functional currency of the entity.

Summary of significant accounting policies

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Going concern

The company made a profit for the year and had net assets at 31 December 2024 amounting to £549,458 including cash at bank of £834,101.

The directors remain confident of the company's ability to remain in operational existence for the foreseeable future and, having made sufficient enquiries, believe it is appropriate to prepare the financial statements on the going concern basis.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the provision of services in the ordinary course of the company’s activities. Turnover is shown net of value added tax, rebates and discounts.

The company recognises revenue from consultancy services evenly over the period to which the services relate.

Tax

The tax expense for the period comprises current and deferred tax. Tax is recognised in profit or loss, except that a charge attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

 

Real Estate Consultancy Services Limited

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

Deferred tax is recognised in respect of all timing differences between taxable profits and profits reported in the financial statements.

Unrelieved tax losses and other deferred tax assets are recognised when it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference.

Tangible assets

Tangible assets are stated in the statement of financial position at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class

Depreciation method and rate

Furniture, fittings and equipment

25% reducing balance

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

Dividends

Dividend distribution to the company’s shareholders is recognised as a liability in the financial statements in the reporting period in which the dividends are declared.

3

Staff numbers

The average number of persons employed by the company during the year, was 2 (2023 - 2).

 

Real Estate Consultancy Services Limited

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

4

Tangible assets

Furniture, fittings and equipment
 £

Total
£

Cost or valuation

At 1 January 2024

27,029

27,029

At 31 December 2024

27,029

27,029

Depreciation

At 1 January 2024

24,049

24,049

Charge for the year

745

745

At 31 December 2024

24,794

24,794

Carrying amount

At 31 December 2024

2,235

2,235

At 31 December 2023

2,980

2,980

5

Debtors

2024
£

2023
£

Trade debtors

91,845

56,611

Other debtors

16,678

16,602

108,523

73,213

6

Creditors

Creditors: amounts falling due within one year

2024
£

2023
£

Trade creditors

11,025

2,912

Taxation and social security

188,170

117,383

Accruals and deferred income

27,200

33,200

Other creditors

168,261

264,234

394,656

417,729