Company registration number 07113329 (England and Wales)
REALTY CAPITAL LTD
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2025
PAGES FOR FILING WITH REGISTRAR
REALTY CAPITAL LTD
COMPANY INFORMATION
Director
Mr C G Barda
Secretary
Mrs E Fadlun
Company number
07113329
Registered office
14 Devonshire Square
London
EC2M 4YT
REALTY CAPITAL LTD
CONTENTS
Page
Balance sheet
1
Notes to the financial statements
2 - 6
REALTY CAPITAL LTD
BALANCE SHEET
AS AT 31 DECEMBER 2025
31 December 2025
- 1 -
2025
2024
Notes
£
£
£
£
Fixed assets
Tangible assets
3
191
368
Investments
4
48
48
239
416
Current assets
Debtors
5
475,002
474,964
Cash at bank and in hand
99
1,687
475,101
476,651
Creditors: amounts falling due within one year
6
(523,342)
(522,609)
Net current liabilities
(48,241)
(45,958)
Net liabilities
(48,002)
(45,542)
Capital and reserves
Called up share capital
9
20
20
Profit and loss reserves
(48,022)
(45,562)
Total equity
(48,002)
(45,542)

For the financial year ended 31 December 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

T he 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 director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The director of the company has elected not to include a copy of the profit and loss account within the financial statements.true

The financial statements were approved and signed by the director and authorised for issue on 5 August 2026
Mr C G Barda
Director
Company registration number 07113329 (England and Wales)
REALTY CAPITAL LTD
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2025
- 2 -
1
Accounting policies
Company information

Realty Capital Ltd is a private company limited by shares incorporated in England and Wales. The registered office is 14 Devonshire Square, London, EC2M 4YT.

1.1
Basis of preparation

These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The financial statements are prepared in sterling, which is the functional currency of the company. Monetary a mounts in these financial statements are rounded to the nearest £.

The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below.

1.2
Going concern

The financial statements are prepared on a going concern basis, however this may not be seen to be appropriate as the company had net liabilities of £48 true,002 (2024: £45,54 2) at the balance sheet date. At the time of approving the financial statements, the director has a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. This is dependent on the continued support of the director and other key stakeholders. Thus the director continues to adopt the going concern basis of accounting in preparing the financial statements.

1.3
Tangible fixed assets

Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses.

Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases:

IT equipment
3 years straight line

The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to profit or loss.

1.4
Fixed asset investments

Interests in subsidiaries, associates and jointly controlled entities are initially measured at cost and subsequently measured at cost less any accumulated impairment losses. The investments are assessed for impairment at each reporting date and any impairment losses or reversals of impairment losses are recognised immediately in profit or loss.

A subsidiary is an entity controlled by the company. Control is the power to govern the financial and operating policies of the entity so as to obtain benefits from its activities.

An associate is an entity, being neither a subsidiary nor a joint venture, in which the company holds a long-term interest and where the company has significant influence. The company considers that it has significant influence where it has the power to participate in the financial and operating decisions of the associate.

Entities in which the company has a long term interest and shares control under a contractual arrangement are classified as jointly controlled entities.

REALTY CAPITAL LTD
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2025
1
Accounting policies
(Continued)
- 3 -
1.5
Impairment of fixed assets

At each reporting period end date, the company reviews the carrying amounts of its tangible assets to determine whether there is any indication that those assets have suffered an impairment loss. If any such indication exists, the recoverable amount of the asset is estimated in order to determine the extent of the impairment loss (if any). Where it is not possible to estimate the recoverable amount of an individual asset, the company estimates the recoverable amount of the cash-generating unit to which the asset belongs.

Recoverable amount is the higher of fair value less costs to sell and value in use. In assessing value in use, the estimated future cash flows are discounted to their present value using a pre-tax discount rate that reflects current market assessments of the time value of money and the risks specific to the asset for which the estimates of future cash flows have not been adjusted. If the recoverable amount of an asset (or cash-generating unit) is estimated to be less than its carrying amount, the carrying amount of the asset (or cash-generating unit) is reduced to its recoverable amount. An impairment loss is recognised immediately in profit or loss, unless the relevant asset is carried at a revalued amount, in which case the impairment loss is treated as a revaluation decrease.

Recognised impairment losses are reversed if, and only if, the reasons for the impairment loss have ceased to apply. Where an impairment loss subsequently reverses, the carrying amount of the asset (or cash-generating unit) is increased to the revised estimate of its recoverable amount, but so that the increased carrying amount does not exceed the carrying amount that would have been determined had no impairment loss been recognised for the asset (or cash-generating unit) in prior years. A reversal of an impairment loss is recognised immediately in profit or loss, unless the relevant asset is carried at a revalued amount, in which case the reversal of the impairment loss is treated as a revaluation increase.

1.6
Cash and cash equivalents

Cash and cash equivalents are basic financial assets and include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.

1.7
Financial instruments

The company has elected to apply the provisions of Section 11 ‘Basic Financial Instruments’ and Section 12 ‘Other Financial Instruments Issues’ of FRS 102 to all of its financial instruments.

Financial instruments are recognised in the company's balance sheet when the company becomes party to the contractual provisions of the instrument.

Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

Basic financial assets

Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised.

Classification of financial liabilities

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.

REALTY CAPITAL LTD
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2025
1
Accounting policies
(Continued)
- 4 -
Basic financial liabilities

Basic financial liabilities, including creditors, bank loans, loans from fellow group companies and preference shares that are classified as debt, are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future paymen ts discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised.

Debt instruments are subsequently carried at amortised cost, using the effective interest rate method.

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. A m ounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method.

1.8
Equity instruments

Equity instruments issued by the company are recorded at the proceeds received, net of transaction costs. Dividends payable on equity instruments are recognised as liabilities once they are no longer at the discretion of the company.

1.9
Employee benefits

The costs of short-term employee benefits are recognised as a liability and an expense, unless those costs are required to be recognised as part of the cost of stock or fixed assets.

The cost of any unused holiday entitlement is recognised in the period in which the employee’s services are received.

Termination benefits are recognised immediately as an expense when the company is demonstrably committed to terminate the employment of an employee or to provide termination benefits.

1.10
Foreign exchange

Transactions in currencies other than pounds sterling are recorded at the rates of exchange prevailing at the dates of the transactions. At each reporting end date, monetary assets and liabilities that are denominated in foreign currencies are retranslated at the rates prevailing on the reporting end date. Gains and losses arising on translation in the period are included in profit or loss.

2
Employees

The average monthly number of persons (including directors) employed by the company during the year was:

2025
2024
Number
Number
Total
1
1
REALTY CAPITAL LTD
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2025
- 5 -
3
Tangible fixed assets
Plant and machinery etc
£
Cost
At 1 January 2025 and 31 December 2025
1,229
Depreciation and impairment
At 1 January 2025
861
Depreciation charged in the year
177
At 31 December 2025
1,038
Carrying amount
At 31 December 2025
191
At 31 December 2024
368
4
Fixed asset investments
2025
2024
£
£
Shares in group undertakings and participating interests
48
48
5
Debtors
2025
2024
Amounts falling due within one year:
£
£
Amounts owed by group undertakings and undertakings in which the company has a participating interest
474,952
474,952
Other debtors
50
12
475,002
474,964

The amounts owed to group undertakings are unsecured interest free loans with no fixed date of repayment and are repayable on demand.

6
Creditors: amounts falling due within one year
2025
2024
£
£
Other creditors
523,342
522,609
7
Secured debts

Investec Bank Plc hold a fixed charge over the capital, assets and subordinated debt of the company as well as any benefits accruing therefrom.

REALTY CAPITAL LTD
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2025
- 6 -
8
Related Party Transactions

Included in creditors is a loan from the director and shareholder of the company of £5 2 1,512 (2024: £5 20,551). This unsecured loan is interest free with no fixed date of repayment and is repayable on demand.

9
Called up share capital
2025
2024
2025
2024
Ordinary share capital
Number
Number
£
£
Issued and fully paid
Ordinary shares of £1 each
20
20
20
20
2025-12-31 2025-01-01 false false false CCH Software CCH Accounts Production 2026.200 No description of principal activity Mr C G Barda Mrs E Fadlun 07113329 2025-01-01 2025-12-31 07113329 bus:Director1 2025-01-01 2025-12-31 07113329 bus:CompanySecretary1 2025-01-01 2025-12-31 07113329 bus:RegisteredOffice 2025-01-01 2025-12-31 07113329 2025-12-31 07113329 2024-12-31 07113329 core:OtherPropertyPlantEquipment 2025-12-31 07113329 core:OtherPropertyPlantEquipment 2024-12-31 07113329 core:WithinOneYear 2025-12-31 07113329 core:WithinOneYear 2024-12-31 07113329 core:CurrentFinancialInstruments core:WithinOneYear 2025-12-31 07113329 core:CurrentFinancialInstruments core:WithinOneYear 2024-12-31 07113329 core:ShareCapital 2025-12-31 07113329 core:ShareCapital 2024-12-31 07113329 core:RetainedEarningsAccumulatedLosses 2025-12-31 07113329 core:RetainedEarningsAccumulatedLosses 2024-12-31 07113329 core:ShareCapitalOrdinaryShareClass1 2025-12-31 07113329 core:ShareCapitalOrdinaryShareClass1 2024-12-31 07113329 core:ComputerEquipment 2025-01-01 2025-12-31 07113329 2024-01-01 2024-12-31 07113329 core:OtherPropertyPlantEquipment 2024-12-31 07113329 core:OtherPropertyPlantEquipment 2025-01-01 2025-12-31 07113329 core:CurrentFinancialInstruments 2024-12-31 07113329 bus:OrdinaryShareClass1 2025-01-01 2025-12-31 07113329 bus:OrdinaryShareClass1 2025-12-31 07113329 bus:OrdinaryShareClass1 2024-12-31 07113329 bus:PrivateLimitedCompanyLtd 2025-01-01 2025-12-31 07113329 bus:SmallCompaniesRegimeForAccounts 2025-01-01 2025-12-31 07113329 bus:FRS102 2025-01-01 2025-12-31 07113329 bus:AuditExempt-NoAccountantsReport 2025-01-01 2025-12-31 07113329 bus:FullAccounts 2025-01-01 2025-12-31 xbrli:pure xbrli:shares iso4217:GBP