Realworld MS Ltd

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—4

Registered number: 15448915

		30 April 2025
	Notes	£	£
CURRENT ASSETS
Debtors	4	133
Cash at bank and in hand		64,687

		64,820
Creditors: Amounts Falling Due Within One Year	5	(17,060 )

NET CURRENT ASSETS (LIABILITIES)			47,760

TOTAL ASSETS LESS CURRENT LIABILITIES			47,760

NET ASSETS			47,760

CAPITAL AND RESERVES
Called up share capital	6		1
Profit and Loss Account			47,759

SHAREHOLDERS' FUNDS			47,760

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Realworld MS Ltd

Balance Sheet (continued)

As At 30 April 2025

For the period ending 30 April 2025 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.

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

On behalf of the board

George Pepper

Director

17/11/2025

The notes on pages 3 to 4 form part of these financial statements.

1. General Information

Realworld MS Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 15448915 . The registered office is Platform (Floor 3), New Station Street, Leeds, LS1 4JB.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

2.2. Turnover

Turnover represents revenue earned from services and is stated at the fair value of the consideration received or receivable, net of value added taxes.

2.3. Taxation

Income tax expense represents the sum of the tax currently payable and deferred tax.

The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.

Current and deferred tax are recognised in profit or loss for the period, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case current and deferred tax are recognised in other comprehensive income or directly in equity respectively.

2.4. Gift aid payment to parent charity

The company pays all its taxable profits for the reporting period to its parent charity under the gift aid scheme. These gift aid payments are recognised as distributions to owners in equity within retained earnings. The company does not have any legal obligation in place at the reporting date to make the final gift aid payment in respect of the reporting period to the parent charity. Therefore, gift aid payments are only recognised in the reporting period that the payment is made. The final gift aid payment is planned to be made within 9 months of the end of the reporting date.

3. Average Number of Employees

Average number of employees, including directors, during the period was: 1

4. Debtors

	30 April 2025
	£
Due within one year
Other debtors	133

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Realworld MS Ltd

Notes to the Financial Statements (continued)

For the Period 29 January 2024 to 30 April 2025

5. Creditors: Amounts Falling Due Within One Year

	30 April 2025
	£
Trade creditors	54
Other creditors	15,731
Taxation and social security	1,275

	17,060

6. Share Capital

	30 April 2025
	£
Allotted, Called up and fully paid	1

7. Ultimate Parent Undertaking and Controlling Party

The company's immediate and ultimate parent undertaking is Shift.MS , who controls 100% of the shares of Realworld MS Ltd . Shift.MS is a registered charity incorporated in the UK. Copies of the group accounts may be obtained from the Shift.MS secretary, Shift.MS, Platform, New Station Street, Leeds, LS1 4JB .

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