REAL LIFE CARE LTD Filleted accounts for Companies House (small and micro)

COMPANY REGISTRATION NUMBER: 07558216

REAL LIFE CARE LTD

Filleted Unaudited Financial Statements

31 March 2025

REAL LIFE CARE LTD

Statement of Financial Position

31 March 2025

	2025		2024
Note	£	£	£

Fixed assets

Intangible assets	5	30,000	60,000
Tangible assets	6	654,482	733,901
		---------	---------
		684,482	793,901

Current assets

Debtors	7	185,824	160,308
Cash at bank and in hand		12,014	26,604
		---------	---------
		197,838	186,912

Creditors: amounts falling due within one year	8	635,229		637,428
		---------		---------
Net current liabilities			437,391	450,516
			---------	---------
Total assets less current liabilities			247,091	343,385

Provisions

Taxation including deferred tax	23,415	25,745
	---------	---------
Net assets	223,676	317,640
	---------	---------

REAL LIFE CARE LTD

Statement of Financial Position (continued)

31 March 2025

	2025		2024
Note	£	£	£

Capital and reserves

Called up share capital	100	100
Profit and loss account	223,576	317,540
	---------	---------
Shareholders funds	223,676	317,640
	---------	---------

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 March 2025 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 .

These financial statements were approved by the board of directors and authorised for issue on 1 December 2025 , and are signed on behalf of the board by:

Ms M J Chaudhary

Director

Company registration number: 07558216

REAL LIFE CARE LTD

Notes to the Financial Statements

Year ended 31 March 2025

1. General information

The company is a private company limited by shares, registered in England and Wales. The address of the registered office is 46 The Ridgeway, North Harrow, Middlesex, HA2 7QN.

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, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.

The financial statements are prepared in sterling, which is the functional currency of the entity.

Revenue recognition

Turnover is measured at the fair value of the consideration received or receivable and represents amounts receivable for services rendered, stated net of discounts.

Goodwill

Goodwill arises on business acquisitions and represents the excess of the cost of the acquisition over the company's interest in the net amount of the identifiable assets, liabilities and contingent liabilities of the acquired business. Goodwill is measured at cost less accumulated amortisation and accumulated impairment losses. It is amortised on a straight-line basis over its useful life. Where a reliable estimate of the useful life of goodwill or intangible assets cannot be made, the life is presumed not to exceed ten years.

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	-	10% 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 and impairment losses.

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:

Fixtures and fittings	-	25% reducing balance
Building Improvement	-	10% straight line

Defined contribution plans

Contributions to defined contribution plans are recognised as an expense in the period in which the related service is provided. Prepaid contributions are recognised as an asset to the extent that the prepayment will lead to a reduction in future payments or a cash refund.

4. Employee numbers

The average number of persons employed by the company during the year amounted to 10 (2024: 11 ).

5. Intangible assets

	Goodwill
	£
Cost
At 1 April 2024 and 31 March 2025	400,000
	---------
Amortisation
At 1 April 2024	340,000
Charge for the year	30,000
	---------
At 31 March 2025	370,000
	---------
Carrying amount
At 31 March 2025	30,000
	---------
At 31 March 2024	60,000
	---------

6. Tangible assets

	Fixtures and fittings	Building Improvement	Total
	£	£	£
Cost
At 1 April 2024	242,521	907,943	1,150,464
Additions	21,904	–	21,904
	---------	---------	------------
At 31 March 2025	264,425	907,943	1,172,368
	---------	---------	------------
Depreciation
At 1 April 2024	139,542	277,021	416,563
Charge for the year	31,221	70,102	101,323
	---------	---------	------------
At 31 March 2025	170,763	347,123	517,886
	---------	---------	------------
Carrying amount
At 31 March 2025	93,662	560,820	654,482
	---------	---------	------------
At 31 March 2024	102,979	630,922	733,901
	---------	---------	------------

7. Debtors

	2025	2024
	£	£
Trade debtors	71,821	64,205
Other debtors	114,003	96,103
	---------	---------
	185,824	160,308
	---------	---------

8. Creditors: amounts falling due within one year

	2025	2024
	£	£
Corporation tax	37,675	17,966
Social security and other taxes	4,026	4,182
Other creditors	593,528	615,280
	---------	---------
	635,229	637,428
	---------	---------

9. Guarantees

Bank loans to the director Ms M J Chaudhary for the properties used by the company, business loans and Invoice financing advances are secured by fixed and floating charges over the company's assets and negative pledge.