Real-World Research Ltd

Real-World Research Ltd
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For the year ended 31 March 2025

Balance sheet	1
Notes to the financial statements	2

Real-World Research Ltd
Balance Sheet
As at 31 March 2025

	Notes	2025 £	2024 £
Fixed assets
Tangible fixed assets	3	29,750	-
		29,750	-
Current assets
Debtors		39,971	10,195
Cash at bank and in hand		284,533	39,535
		324,504	49,730
Creditors: amount falling due within one year		(71,012)	(2,875)
Net current assets		253,492	46,855

Total assets less current liabilities		283,242	46,855
Provisions for liabilities		(7,438)	-
Net assets		275,804	46,855

Capital and reserves
Called up share capital		100	100
Profit and loss account		275,704	46,755
Shareholders' funds		275,804	46,855

For the year ended 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 accounts for the year in question in accordance with section 476.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. In accordance with Section 444 of the Companies Act 2006, the profit and loss account has not been delivered to the Registrar of Companies.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with section 444(2A).

The financial statements were approved by the board of directors on 24 September 2025 and were signed on its behalf by:

-------------------------------
Ken Ashman
Director

1

Real-World Research Ltd
Notes to the Abridged Financial Statements
For the year ended 31 March 2025

General Information

Real-World Research Ltd is a private company, limited by shares, registered in Scotland, registration number SC692707, registration address Kylen Craigdarroch Drive, Contin, Strathpeffer, Scotland, IV14 9EL.

The presentation currency is £ sterling.

1.

Accounting policies

Significant accounting policies

Statement of compliance

These financial statements have been prepared in compliance with FRS 102 – The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.

Basis of preparation

The financial statements have been prepared under the historical cost convention as modified by the revaluation of land and buildings and certain financial instruments measured at fair value in accordance with the accounting policies.

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

Turnover

Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.

Foreign currencies

Monetary assets and liabilities denominated in foreign currencies are translated into sterling at the rate of exchange ruling at the balance sheet date. Transactions in foreign currencies are recorded at the rate ruling at the date of the transaction. All foreign exchange differences are included to the profit and loss account.

Taxation

Taxation represents the sum of tax currently payable and deferred tax. Tax is recognised in the statement of income, except to the extent that it relates to items recognised in other comprehensive income or directly in capital and reserves.
The company’s liability for current tax is calculated using the tax rates and laws that have been enacted or substantively enacted at the reporting date.
Current and deferred tax assets and liabilities are not discounted

Deferred taxation

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the reporting date.
Deferred tax is measured using 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.
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.
Current and deferred tax assets and liabilities are not discounted.

Tangible fixed assets

Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:

Fixtures and Fittings	25% Reducing Balance
Computer Equipment	25% Reducing Balance

2.	Average number of employees Average number of employees during the year was 3 (2024 : 3).

3.

Tangible fixed assets

Cost or valuation	Fixtures and Fittings	Computer Equipment	Total
	£	£	£
At 01 April 2024	-	-	-
Additions	872	31,279	32,151
Disposals	-	-	-
At 31 March 2025	872	31,279	32,151
Depreciation
At 01 April 2024	-	-	-
Charge for year	18	2,383	2,401
On disposals	-	-	-
At 31 March 2025	18	2,383	2,401
Net book values
Closing balance as at 31 March 2025	854	28,896	29,750
Opening balance as at 01 April 2024	-	-	-

2

Registered Number: SC692707
Scotland
REAL-WORLD RESEARCH LTD

Abridged Accounts

Period of accounts Start date: 01 April 2024 End date: 31 March 2025