Real Estate Evolution Limited - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 03804544 (England and Wales)

Unaudited Financial Statements

for the Period 1 January 2017 to 30 June 2018

for

Real Estate Evolution Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

Chartered Accountants' Report

7

DIRECTOR:

P A E Bull

SECRETARY:

J A Ensor

REGISTERED OFFICE:

2,Wexfenne Gardens

Pyrford

Woking

Surrey

GU22 8TX

REGISTERED NUMBER:

03804544 (England and Wales)

ACCOUNTANTS:

J Ensor F.C.A.

2. Wexfenne Gardens

Pyrford

Woking

Surrey

GU22 8TX

FIXED ASSETS

Tangible assets

3

136

182

Investments

4

-

1

136

183

CURRENT ASSETS

Debtors

5

11,407

39,268

Cash at bank

-

6,374

11,407

45,642

CREDITORS

Amounts falling due within one year

6

10,352

31,481

NET CURRENT ASSETS

1,055

14,161

TOTAL ASSETS LESS CURRENT LIABILITIES

1,191

14,344

CAPITAL AND RESERVES

Called up share capital

2

2

Retained earnings

1,189

14,342

SHAREHOLDERS' FUNDS

1,191

14,344

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 30 June 2018.

The members have not required the company to obtain an audit of its financial statements for the period ended 30 June 2018 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 of Part 15 of the Companies Act 2006 relating to small companies.

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 on 22 March 2019 and were signed by:

P A E Bull - Director

1.	STATUTORY INFORMATION

Real Estate Evolution 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.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

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

Turnover

Turnover represents invoiced sales of services provided, shown net of VAT.

Tangible fixed assets

Tangible Fixed Assets are depreciated in accordance with the following rates

Computer Equipment. In equal instalments over 3 years.

Fixtures and Fittings. At 20% per annum on a reducing balance method.

Investments in subsidiaries

Investments in subsidiary undertakings are recognised at cost.

3.	TANGIBLE FIXED ASSETS

Fixtures

and

Computer

fittings

equipment

Totals

£

£

£

COST

At 1 January 2017

and 30 June 2018

383

2,676

3,059

DEPRECIATION

At 1 January 2017

247

2,630

2,877

Charge for period

-

46

46

At 30 June 2018

247

2,676

2,923

NET BOOK VALUE

At 30 June 2018

136

-

136

At 31 December 2016

136

46

182

4.	FIXED ASSET INVESTMENTS

Shares in

group

undertakings

£

COST

At 1 January 2017

1

Disposals

(1

)

At 30 June 2018

-

NET BOOK VALUE

At 30 June 2018

-

At 31 December 2016

1

The company's investments at the Balance Sheet date in the share capital of companies include the following:

Real Estate Land Ltd

Registered office: Inside the UK

Nature of business: Land Development

%

Class of shares:

holding

Ordinary

50.00

30.6.18

31.12.16

£

£

Aggregate capital and reserves

-

(79,816

)

Loss for the period/year

-

(2,132

)

The one ordinary share held in Real Estate Land Limited was transferred to P A E Bull at nominal value on 22nd

March 2018.

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.6.18

31.12.16

£

£

Trade debtors

1,110

30,660

Amounts owed by group undertakings

10,080

7,953

Other debtors

217

655

11,407

39,268

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.6.18

31.12.16

£

£

Bank loans and overdrafts

128

-

Trade creditors

(1

)

1

Taxation and social security

3,711

19,192

Other creditors

6,514

12,288

10,352

31,481

7.	RELATED PARTY DISCLOSURES

The company is controlled by the director as he owns all of the issued share capital. During the period the company

made some repayments to the director amounting to £7,798 ( 2016 £11,635 ). At the end of the period the amount

owed to the director was £91 ( 2016 £ 7,888 ).

.

The following reproduces the text of the report prepared for the director in respect of the company's annual

unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a

Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the

Report of the Director are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial

statements of Real Estate Evolution Limited for the period ended 30 June 2018 which comprise the Income Statement,

Balance Sheet and the related notes from the company's accounting records and from information and explanations you

have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the director of Real Estate Evolution Limited in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Real Estate Evolution Limited and state those matters that we have agreed to state to the director of Real Estate Evolution Limited in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Real Estate Evolution Limited and its director for our work or for this report.

It is your duty to ensure that Real Estate Evolution Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and loss of Real Estate Evolution Limited. You consider that Real Estate Evolution Limited is exempt from the statutory audit requirement for the period.

We have not been instructed to carry out an audit or a review of the financial statements of Real Estate Evolution Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

J Ensor F.C.A.

2. Wexfenne Gardens

Pyrford

Woking

Surrey

GU22 8TX

22 March 2019