ACCOUNTS - Final Accounts preparation

Registered number: 12026541

REAL LIFE METALLURGY LIMITED

UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 31 MAY 2026

REAL LIFE METALLURGY LIMITED

REGISTERED NUMBER: 12026541

BALANCE SHEET

AS AT 31 MAY 2026

		2026		2025
Note		£		£

Fixed assets
Tangible assets	4		2,000		2,700
			2,000		2,700
Current assets
Debtors: amounts falling due within one year	5	1,449		1,788
Cash at bank and in hand	6	129,902		117,968
		131,351		119,756
Creditors: amounts falling due within one year	7	(6,480)		(6,135)
Net current assets			124,871		113,621
Total assets less current liabilities			126,871		116,321

Net assets			126,871		116,321

Capital and reserves
Called up share capital	1	1
Profit and loss account	126,870	116,320
	126,871	116,321

The director considers that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

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.

The financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime and in accordance with the provisions of FRS 102 Section 1A - small entities.

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

The Company has opted not to file the statement of income and retained earnings in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf by:

Page 1

REAL LIFE METALLURGY LIMITED

REGISTERED NUMBER: 12026541

BALANCE SHEET (CONTINUED)

AS AT 31 MAY 2026

Dr Edward Heaver

Director

Date: 12 October 2026

The notes on pages 3 to 6 form part of these financial statements.

Page 2

REAL LIFE METALLURGY LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MAY 2026

1.	General information

Real Life Metallurgy Limited (company number 12026541) is a private company limited by shares, registered in England and Wales. Its registered office is Bushbury House, 435 Wilmslow Road, Withington, Manchester, M20 4AF.

2.Accounting policies

2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006. 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 following principal accounting policies have been applied:

2.2

Revenue

Revenue is recognised to the extent that it is probable that the economic benefits will flow to the Company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before revenue is recognised:

Rendering of services

Revenue from a contract to provide services is recognised in the period in which the services are provided in accordance with the stage of completion of the contract when all of the following conditions are satisfied:

∙the amount of revenue can be measured reliably;

∙it is probable that the Company will receive the consideration due under the contract;

∙the stage of completion of the contract at the end of the reporting period can be measured reliably; and

∙the costs incurred and the costs to complete the contract can be measured reliably.

2.3

Interest income

Interest income is recognised in profit or loss using the effective interest method.

2.4

Taxation

Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the balance sheet date in the countries where the Company operates and generates income.

Page 3

REAL LIFE METALLURGY LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MAY 2026

2.Accounting policies (continued)

2.5

Tangible fixed assets

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, using the straight-line method.

Depreciation is provided on the following basis:

				Office equipment	-	15%	Reducing balance
				Other fixed assets	-	33%	Straight line

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss.

2.6

Debtors

Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

2.7

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

2.8

Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

2.9

Dividends

Equity dividends are recognised when they become legally payable. Interim equity dividends are recognised when paid. Final equity dividends are recognised when approved by the shareholders at an annual general meeting.

Employees

The average monthly number of employees, including directors, during the year was 1 (2025 - 1).

Page 4

REAL LIFE METALLURGY LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MAY 2026

4.	Tangible fixed assets

	Office equipment	Other fixed assets	Total
	£	£	£
Cost or valuation
At 1 June 2025	5,283	5,659	10,942
Additions	-	247	247
At 31 May 2026	5,283	5,906	11,189
Depreciation
At 1 June 2025	3,221	5,021	8,242
Charge for the year on owned assets	309	638	947
At 31 May 2026	3,530	5,659	9,189
Net book value
At 31 May 2026	1,753	247	2,000
At 31 May 2025	2,062	638	2,700

Debtors

					2026	2025
					£	£


Trade debtors	817	1,179
Prepayments and accrued income	632	609
	1,449	1,788

6.	Cash and cash equivalents
		2026	2025
		£	£

Cash at bank and in hand	129,902	117,968
	129,902	117,968

Page 5

REAL LIFE METALLURGY LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MAY 2026

7.	Creditors: Amounts falling due within one year
		2026	2025
		£	£

Corporation tax	2,755	3,125
Other creditors	2,045	1,354
Accruals and deferred income	1,680	1,656
	6,480	6,135

8.	Related party transactions
	At year end company owed £2,045 to the director (2025: £1,354). No interest has been charged to the company in respect of this loan which is repayable on demand and classified in creditors due within one year.

Page 6