REGISTERED NUMBER: 04974685 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2025

FOR

REAL ESTATE ECONOMICS LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

A Liesche

REGISTERED OFFICE:

1 Clinton Terrace

Derby Road

Nottingham

NG7 1LY

REGISTERED NUMBER:

04974685 (England and Wales)

ACCOUNTANTS:

Chater Allan LLP

Chartered Accountants

7 Quy Court

Colliers Lane

Stow-cum-Quy

Cambridgeshire

CB25 9AU

FIXED ASSETS

Tangible assets

4

2,405

3,569

Investments

5

2

2

Investment property

6

2,411,203

2,532,753

2,413,610

2,536,324

CURRENT ASSETS

Debtors

7

8,956

7,001

Cash at bank

5,421

457

14,377

7,458

CREDITORS

Amounts falling due within one year

8

301,322

549,554

NET CURRENT LIABILITIES

(286,945

)

(542,096

)

TOTAL ASSETS LESS CURRENT LIABILITIES

2,126,665

1,994,228

CREDITORS

Amounts falling due after more than one year

9

(791,000

)

(806,000

)

PROVISIONS FOR LIABILITIES

(123,000

)

(128,400

)

NET ASSETS

1,212,665

1,059,828

CAPITAL AND RESERVES

Called up share capital

2

2

Retained earnings

1,212,663

1,059,826

SHAREHOLDERS' FUNDS

1,212,665

1,059,828

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The 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 Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 1 June 2026 and were signed by:

A Liesche - Director

1.	STATUTORY INFORMATION

Real Estate Economics Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

The presentation currency of the financial statements is the Pound Sterling (£).

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention as modified by the revaluation of certain assets.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Fixtures and fittings

-

10% on cost

Investments in subsidiaries

Investments in subsidiary undertakings are recognised at cost.

Investment property

Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Going concern

The director has considered the financial position of the company and believes it is well placed to manage its business risks successfully. The director has a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future, thus continues to adopt the going concern basis in preparing the financial statements.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2024 - 1 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

and

fittings

£

COST

At 1 January 2025

and 31 December 2025

14,288

DEPRECIATION

At 1 January 2025

10,719

Charge for year

1,164

At 31 December 2025

11,883

NET BOOK VALUE

At 31 December 2025

2,405

At 31 December 2024

3,569

5.	FIXED ASSET INVESTMENTS

Shares in

group

undertaking

£

COST

At 1 January 2025

and 31 December 2025

2

NET BOOK VALUE

At 31 December 2025

2

At 31 December 2024

2

6.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 January 2025

2,532,753

Disposals

(121,550

)

At 31 December 2025

2,411,203

NET BOOK VALUE

At 31 December 2025

2,411,203

At 31 December 2024

2,532,753

Fair value at 31 December 2025 is represented by:

£

Valuation in 2013

(66,064

)

Valuation in 2015

75,000

Valuation in 2018

16,524

Valuation in 2020

29,116

Valuation in 2021

122,544

Valuation in 2022

100,980

Valuation in 2023

114,864

Valuation in 2024

120,607

Valuation in 2025

(21,504

)

Cost

1,919,136

2,411,203

If investment properties had not been revalued they would have been included at the following historical cost:

2025

2024

£

£

Cost

1,919,136

2,019,182

Investment properties were valued on an open market basis basis on 31 December 2025 by the director .

7.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Other debtors

8,956

7,001

8.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Bank loans and overdrafts

15,000

97,500

Tax

9,398

-

Other creditors

69,758

56,930

Director's current account

205,665

393,625

Accruals and deferred income

1,501

1,499

301,322

549,554

9.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Bank loans - 2-5 years

791,000

806,000

10.	SECURED DEBTS

The following secured debts are included within creditors:

2025

2024

£

£

Bank loans

806,000

903,500

Bank loan is secured by a guarantee from the director Mr A Liesche of £25,000.

11.	RELATED PARTY DISCLOSURES