Realworld Employee Surveys Limited Filleted accounts for Companies House (small and micro)

COMPANY REGISTRATION NUMBER: 05355041

Realworld Employee Surveys Limited

Filleted Unaudited Financial Statements

31 December 2024

Realworld Employee Surveys Limited

Statement of Financial Position

31 December 2024

	2024	2023
Note	£	£

Fixed assets

Tangible assets	6	–	1,369

Current assets

Debtors	7	12,300	11,400
Cash at bank and in hand		80,874	71,240
		--------	--------
		93,174	82,640

Creditors: amounts falling due within one year	8	19,543	13,424
		--------	--------
Net current assets		73,631	69,216
		--------	--------
Total assets less current liabilities		73,631	70,585
		--------	--------
Net assets		73,631	70,585
		--------	--------

Capital and reserves

Called up share capital	100	100
Profit and loss account	73,531	70,485
	--------	--------
Shareholders funds	73,631	70,585
	--------	--------

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

In accordance with section 444 of the Companies Act 2006, the statement of income and retained earnings has not been delivered.

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.

Directors' responsibilities:

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

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

Realworld Employee Surveys Limited

Statement of Financial Position (continued)

31 December 2024

These financial statements were approved by the board of directors and authorised for issue on 8 September 2025 , and are signed on behalf of the board by:

P J Everitt

Director

Company registration number: 05355041

Realworld Employee Surveys Limited

Notes to the Financial Statements

Year ended 31 December 2024

1. General information

The company is a private company limited by shares, registered in England and Wales. The address of the registered office is 44 Bridgewater Road, Berkhamsted, Herts, HP4 1JB.

2. Statement of compliance

These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.

3. Accounting policies

Basis of preparation

The financial statements have been prepared on the historical cost basis.

Revenue recognition

Turnover represents the value, net of Value Added Tax, of goods sold and services provided to customers.

Taxation

The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in profit or loss, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. In this case, tax is recognised in other comprehensive income or directly in equity, respectively. Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.

Deferred tax is recognised in respect of all timing differences at the reporting date. Unrelieved tax losses and other deferred tax assets are recognised to the extent that 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 that are expected to apply to the reversal of the timing difference.

Goodwill

Goodwill purchased has been capitalised and is being amortised through the profit and loss account.

Intangible assets

Intangible assets are initially recorded at cost, and are subsequently stated at cost less any accumulated amortisation.

Amortisation

Amortisation is calculated so as to write off the cost of an asset, less its estimated residual value, over the useful life of that asset as follows:

Goodwill	-	20% straight line
Development costs	-	20% straight line

If there is an indication that there has been a significant change in amortisation rate, useful life or residual value of an intangible asset, the amortisation is revised prospectively to reflect the new estimates.

Tangible assets

Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation.

Depreciation

Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:

	Equipment	-	33% straight line

4. Employee numbers

The average number of persons employed by the company during the year amounted to 2 (2023: 2 ).

5. Intangible assets

	Goodwill	Development costs	Total
	£	£	£
Cost
At 1 January 2024 and 31 December 2024	20,000	81,178	101,178
	--------	--------	---------
Amortisation
At 1 January 2024 and 31 December 2024	20,000	81,178	101,178
	--------	--------	---------
Carrying amount
At 31 December 2024	–	–	–
	--------	--------	---------
At 31 December 2023	–	–	–
	--------	--------	---------

6. Tangible assets

	Equipment	Total
	£	£
Cost
At 1 January 2024 and 31 December 2024	31,437	31,437
	--------	--------
Depreciation
At 1 January 2024	30,068	30,068
Charge for the year	1,369	1,369
	--------	--------
At 31 December 2024	31,437	31,437
	--------	--------
Carrying amount
At 31 December 2024	–	–
	--------	--------
At 31 December 2023	1,369	1,369
	--------	--------

7. Debtors

	2024	2023
	£	£
Trade debtors	12,300	11,400
	--------	--------

8. Creditors: amounts falling due within one year

	2024	2023
	£	£
Trade creditors	–	2,853
Corporation tax	6,671	–
Social security and other taxes	6,138	4,189
Directors' loan account	4,410	4,410
Other creditors	2,324	1,972
	--------	--------
	19,543	13,424
	--------	--------