Company Registration No. 03156145 (England and Wales)
Realistic Agri Limited
Unaudited accounts
for the year ended 31 December 2024
Realistic Agri Limited
Unaudited accounts
Contents
Realistic Agri Limited
Company Information
for the year ended 31 December 2024
Directors
Mr D Porter
Mr S Quinn
Mr S Wigley
Company Number
03156145 (England and Wales)
Registered Office
GABLE COTTAGE MAIN STREET
TEIGH
OAKHAM
RUTLAND
LE15 7RT
ENGLAND
Accountants
Lint Accountants Ltd
14 Beagleswood Road
Pembury
Tunbridge Wells
Kent
TN2 4HX
Realistic Agri Limited
Statement of financial position
as at 31 December 2024
Inventories
225,188
206,581
Cash at bank and in hand
49,276
91,227
Creditors: amounts falling due within one year
(720,380)
(709,559)
Net current assets
253,920
171,631
Total assets less current liabilities
254,128
171,943
Creditors: amounts falling due after more than one year
(27,430)
(33,640)
Provisions for liabilities
Other provisions
-
(1,152)
Net assets
226,698
137,151
Called up share capital
100
100
Profit and loss account
226,598
137,051
Shareholders' funds
226,698
137,151
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 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 19 September 2025 and were signed on its behalf by
Mr S Wigley
Director
Company Registration No. 03156145
Realistic Agri Limited
Notes to the Accounts
for the year ended 31 December 2024
Realistic Agri Limited is a private company, limited by shares, registered in England and Wales, registration number 03156145. The registered office is GABLE COTTAGE MAIN STREET, TEIGH, OAKHAM, RUTLAND, LE15 7RT, 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.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
25% Straight Line
Motor vehicles
20% reducing balance
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Tangible fixed assets
Plant & machinery
Realistic Agri Limited
Notes to the Accounts
for the year ended 31 December 2024
Amounts falling due within one year
Trade debtors
330,683
220,194
Amounts due from group undertakings etc.
(1,792)
272,912
Accrued income and prepayments
4,468
7,603
Other debtors
(3,373)
5,313
Amounts falling due after more than one year
Amounts due from group undertakings etc.
336,377
34,067
6
Creditors: amounts falling due within one year
2024
2023
Bank loans and overdrafts
6,210
6,210
Trade creditors
336,854
328,069
Amounts owed to group undertakings and other participating interests
-
93,351
Taxes and social security
49,969
51,027
Other creditors
269,962
183,144
Loans from directors
(272)
6,495
Included in the balance sheet are financial commitments of £270,503 (31/12/23 - £182,627). An agreement , relating to invoice factoring, for working capital purposes, was signed with HSBC Invoice Finance UK Ltd, in July 2022, for which both a fixed and floating charge has been registered with Companies House.
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Creditors: amounts falling due after more than one year
2024
2023
Brought
Forward
Advance/
credit
Repaid
Carried
Forward
Loan repayable on demand
-
905
-
905
Realistic Agri Limited
Notes to the Accounts
for the year ended 31 December 2024
9
Transactions with related parties
During the year transactions passed Group or Associated companies, with the year end balances as follows:
Debtors
Passion Ag Global Ltd Assc (2023) £253,051.74
Passion Ag Ltd Assc (2023) £19,302.22
Passion Ag EU Assc £269,177.31 (2023) -£18,495.88
Soil Biology Ltd Assc £67,200.39 (2023)
Soil Biology Ltd Assc (2023) £34,067.49
Realistic Holdings Ltd Group -£1792.24 (2023) £558.76
Total £334,585.46 (2023) £306,980.21
Creditors
Passion Ag Inc Assc (2023) -£10,324.29
Shavings Innovations Ltd Assc (2023) -£64,530.55
Passion Ag Ltd Assc (2023)
Total (2023) -£93,350.72
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Average number of employees
During the year the average number of employees was 4 (2023: 6).