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Registered number: 14234299
Real Smart Limited
Unaudited Financial Statements
For The Year Ended 31 March 2026
45 Silver Hill
College Town
Sandhurst
Berkshire
GU47 0QS
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3
Page 1
Balance Sheet
Registered number: 14234299
2026 2025
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 1,515,974 1,325,911
1,515,974 1,325,911
CURRENT ASSETS
Cash at bank and in hand 5,421 13,480
5,421 13,480
Creditors: Amounts Falling Due Within One Year (124,388 ) (4,314 )
NET CURRENT ASSETS (LIABILITIES) (118,967 ) 9,166
TOTAL ASSETS LESS CURRENT LIABILITIES 1,397,007 1,335,077
Creditors: Amounts Falling Due After More Than One Year (368,294 ) (349,322 )
NET ASSETS 1,028,713 985,755
CAPITAL AND RESERVES
Called up share capital 4 102 102
Share premium account 962,800 962,800
Revaluation reserve 5 22,489 -
Profit and Loss Account 43,322 22,853
SHAREHOLDERS' FUNDS 1,028,713 985,755
Page 1
Page 2
For the year ending 31 March 2026 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
Mr Neill Reed
Director
16 May 2026
The notes on page 3 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Real Smart Limited is a private company, limited by shares, incorporated in England & Wales, registered number 14234299 . The registered office is 45 Silver Hill, College Town, Sandhurst, Berkshire, GU47 0QS.
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. 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.
Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.
Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and assets reflect the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.
Current and deferred tax are recognised in profit or loss for the year, 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.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 2 (2025: 2)
2 2
4. Share Capital
2026 2025
£ £
Allotted, Called up and fully paid 102 102
5. Reserves
Share Premium Revaluation reserve Profit and Loss Account
£ £ £
As at 1 April 2025 962,800 - 22,853
Profit for year - - 21,469
Net investment property revaluation reserve - 22,489 -
Other comprehensive income for the year - 22,489 -
Total comprehensive income for the year - 22,489 21,469
Dividends paid - - (1,000)
As at 31 March 2026 962,800 22,489 43,322
Page 3