Real Family Ltd - Filleted accounts

Registered number

12912924

Real Family Ltd

Filleted Accounts

31 December 2024

Real Family Ltd
Registered number:		12912924
Balance Sheet
as at 31 December 2024

Notes			2024			2023
£				£
Fixed assets
Tangible assets	3		107,987			-
Investments	4		125,372			67,690
			233,359			67,690

Current assets
Debtors	5	271,871			234,462
Cash at bank and in hand		15,157			29,007
		287,028			263,469

Creditors: amounts falling due within one year	6	(300,093)			(154,865)

Net current (liabilities)/assets			(13,065)			108,604

Net assets			220,294			176,294

Capital and reserves
Called up share capital			10,000			10,000
Profit and loss account			210,294			166,294

Shareholders' funds			220,294			176,294

The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.




Mr L Honney
Director
Approved by the board on 30 September 2025

Real Family Ltd
Notes to the Accounts
for the year ended 31 December 2024


1	Accounting policies

	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).

	Turnover
	Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. 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.

	Tangible fixed assets
	Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:

	Freehold buildings	over 50 years
	Leasehold land and buildings	over the lease term

	Investments
	Investments in subsidiaries, associates and joint ventures are measured at cost less any accumulated impairment losses. Listed investments are measured at fair value. Unlisted investments are measured at fair value unless the value cannot be measured reliably, in which case they are measured at cost less any accumulated impairment losses. Changes in fair value are included in the profit and loss account.

	Debtors
	Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

	Creditors
	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.

	Taxation
	A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. Unrelieved tax losses and other deferred tax assets are recognised only 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 and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

	Provisions
	Provisions (ie liabilities of uncertain timing or amount) are recognised when there is an obligation at the reporting date as a result of a past event, it is probable that economic benefit will be transferred to settle the obligation and the amount of the obligation can be estimated reliably.


2	Employees			2024		2023
Number					Number

	Average number of persons employed by the company			0		0


3	Tangible fixed assets
						Land and buildings
£
	Cost
	Additions					107,987
	At 31 December 2024					107,987

	Depreciation
	At 31 December 2024					-

	Net book value
	At 31 December 2024					107,987


4	Investments
Investments in
subsidiary			Other
undertakings			investments		Total
£			£		£
	Cost
	At 1 January 2024	37,070		30,620		67,690
	Additions	-		67,682		67,682
	Disposals	(10,000)		-		(10,000)

	At 31 December 2024	27,070		98,302		125,372

	Historical cost
	At 1 January 2024	37,070		30,620
	At 31 December 2024	27,070		98,302



5	Debtors			2024		2023
£					£

	Trade debtors			1,002		-
	Amounts owed by group undertakings and undertakings in which the company has a participating interest			260,708		196,805
	Other debtors			10,161		37,657
				271,871		234,462


6	Creditors: amounts falling due within one year			2024		2023
£					£

	Trade creditors			23,080		1,200
	Amounts owed to group undertakings and undertakings in which the company has a participating interest			113,883		112,443
	Taxation and social security costs			8,945		15,234
	Other creditors			154,185		25,988
				300,093		154,865


7	Events after the reporting date

	The wholly owned subsidiary, Real Mobile Ltd (Company number 13869765) was placed in liquidation on 15/2/2024, and finally dissolved following liquidation on 22 July 2025. As a consequence, Real Family Ltd has written off debts due from Real Mobile Ltd totalling £12,000 in the year ended 31 December 2024, and a £10,000 investment.


8	Related party transactions

	The related parties are considered to be Real Calling Ltd, Real Jobs Ltd, Real Pay Ltd, Real Fundraisers Ltd as they are subsidiaries of Real Family Ltd. Real Fundraising Ltd is also considered a related party due to common key management personnel. At 31/12/2024, material related party debtors were Real Jobs Ltd to the value of £91.806, Real Calling Ltd - £121,009, and Real Fundraisers Ltd - £45,330. The material related party creditors at 31/12/2024 were Real Pay Ltd to the value of £111,753, and Real Fundraising Ltd to the value of £154,185.


9	Controlling party

	The controlling party is considered to be the director, Mr Lewis Honney.


10	Other information

	Real Family Ltd is a private company limited by shares and incorporated in England. Its registered office is:
	Docklands Business Centre
	10/16 Tiller Road
	London
	E14 8PX