REALLY SIMPLE IDEAS LTD


Director	SAYER, Cara Luisina


Registered Address	20-22 Wenlock Road
	London
	N1 7GU


Registered Number	07098167 (England and Wales)

Balance Sheet as at
31 December 2025

	Notes	2025		2024
		£	£	£	£
Fixed assets
Tangible assets	3		3,042		2,572
			3,042		2,572
Current assets
Debtors		403,301		235,281
Cash at bank and on hand		416,022		392,034
		819,323		627,315
Creditors amounts falling due within one year	4	(128,272)		(89,831)
Net current assets (liabilities)			691,051		537,484
Total assets less current liabilities			694,093		540,056
Net assets			694,093		540,056
Capital and reserves
Called up share capital			100		100
Profit and loss account			693,993		539,956
Shareholders' funds			694,093		540,056

The company was entitled to exemption from audit for this reporting period 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 Director acknowledges 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 in accordance with the provisions applicable to companies subject to the small companies regime.
The directors have chosen to not file a copy of the company’s profit and loss account under section 444 (5A) Companies Act 2006.

The financial statements were approved and authorised for issue by the Director on 18 September 2026, and are signed on its behalf by:

SAYER, Cara Luisina
Director
Registered Company No. 07098167

REALLY SIMPLE IDEAS LTD

Notes to the Financial Statements
for the year ended 31 December 2025

1.	Accounting policies

	Statutory information
	The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

	Statement of compliance
	The financial statements have been prepared in compliance with FRS 102 Section 1A as it applies to the financial statements for the period and there were no material departures from the reporting standard.

	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with FRS 102, the financial reporting standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).

	Turnover policy
	Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services.

	Revenue from sale of goods
	Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.

Revenue from sale of goods

Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.

	Employee benefits
	Contributions to defined contribution plans are expensed in the period to which they relate.

	Foreign currency translation
	Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.

Foreign currency translation

Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.

	Tangible fixed assets and depreciation
	Tangible fixed assets are stated at cost or valuation less depreciation. Depreciation is provided on all tangible fixed assets as follows:


		Reducing balance (%)
	Fixtures and fittings	25
	Office Equipment	25

2.	Average number of employees


		2025		2024
	Average number of employees during the year	3		3

3.	Tangible fixed assets

	Fixtures & fittings	Office Equipment	Total
	£	£	£
Cost or valuation
At 01 January 25	5,110	20,662	25,772
Additions	-	1,484	1,484
Disposals	-	(11,509)	(11,509)
At 31 December 25	5,110	10,637	15,747
Depreciation and impairment
At 01 January 25	5,109	18,091	23,200
Charge for year	-	1,014	1,014
On disposals	-	(11,509)	(11,509)
At 31 December 25	5,109	7,596	12,705
Net book value
At 31 December 25	1	3,041	3,042
At 31 December 24	1	2,571	2,572

4.	Creditors: amounts due within one year

	2025	2024
	£	£
Trade creditors / trade payables	7,851	32,157
Bank borrowings and overdrafts	5,086	6
Taxation and social security	112,370	54,492
Other creditors	2,965	3,176
Total	128,272	89,831

5.	Creditors: amounts due after one year

6.	Directors advances, credits and guarantees

	Brought forward	Amount advanced	Amount repaid	Carried forward
	£	£	£	£
SAYER, Cara Luisina	57,262	285,067	233,473	108,856
	57,262	285,067	233,473	108,856


	The Director was charged interest on this loan at the HMRC approved rate of 3.75%, and the balance was cleared within 9 months of the year end.