Registered number
13070620
REAL CALLING LTD
Filleted Accounts
31 December 2024
REAL CALLING LTD
Registered number: 13070620
Balance Sheet
as at 31 December 2024
Notes 2024 2023
£ £
Fixed assets
Intangible assets 3 1,400 2,100
Tangible assets 4 3,216 2,616
4,616 4,716
Current assets
Debtors 5 36,896 9,165
Cash at bank and in hand 16,435 1,812
53,331 10,977
Creditors: amounts falling due within one year 6 (357,033) (193,775)
Net current liabilities (303,702) (182,798)
Net liabilities (299,086) (178,082)
Capital and reserves
Called up share capital 10,000 10,000
Profit and loss account (309,086) (188,082)
Shareholders' funds (299,086) (178,082)
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 CALLING 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.
Intangible fixed assets
Intangible fixed assets are measured at cost less accumulative amortisation (at a rate of 3 years straight line) and any accumulative impairment losses.
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:
Plant and machinery 25% reducing balance
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.
Pensions
Contributions to defined contribution plans are expensed in the period to which they relate.
2 Employees 2024 2023
Number Number
Average number of persons employed by the company 30 24
3 Intangible fixed assets £
Goodwill:
Cost
At 1 January 2024 2,100
At 31 December 2024 2,100
Amortisation
Provided during the year 700
At 31 December 2024 700
Net book value
At 31 December 2024 1,400
At 31 December 2023 2,100
4 Tangible fixed assets
Plant and machinery etc
£
Cost
At 1 January 2024 3,420
Additions 1,404
At 31 December 2024 4,824
Depreciation
At 1 January 2024 804
Charge for the year 804
At 31 December 2024 1,608
Net book value
At 31 December 2024 3,216
At 31 December 2023 2,616
5 Debtors 2024 2023
£ £
Trade debtors 15,320 6,271
Other debtors 21,576 2,894
36,896 9,165
6 Creditors: amounts falling due within one year 2024 2023
£ £
Trade creditors 3,102 1,800
Amounts owed to group undertakings and undertakings in which the company has a participating interest 124,010 58,846
Taxation and social security costs 103,129 52,244
Other creditors 126,792 80,885
357,033 193,775
7 Going concern
The accounts have been prepared on the going concern basis and this is still deemed appropriate despite the accumulated losses to date. The parent company, Real Family Ltd, will continue to support Real Calling Ltd.
8 Related party transactions
The related parties are considered to be Real Jobs Ltd, Real Pay Ltd, Real Fundraisers Ltd, and the parent company, Real Family Ltd. Material related party balances were the creditor balance of £121,009 (2023 - £53,628) owing to Real Family Ltd.
9 Controlling party
The ultimate controlling party is considered to be Real Family Ltd (registered number 12912924) which owns the majority of the company's share capital.
10 Other information
REAL CALLING 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
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