Real Estate Evolution Limited - Abbreviated accounts 16.1

REGISTERED NUMBER: 03804544 (England and Wales)

ABBREVIATED UNAUDITED ACCOUNTS FOR THE YEAR ENDED 31 DECEMBER 2015

FOR

REAL ESTATE EVOLUTION LIMITED

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

Accountants' Report

5

DIRECTOR:

P A E Bull

SECRETARY:

J A Ensor

REGISTERED OFFICE:

Ludwell House

2 Guildford Street

Chertsey

Surrey

KT16 9BQ

REGISTERED NUMBER:

03804544 (England and Wales)

ACCOUNTANTS:

H.G.Field & Co.

Accountants and Financial Advisors

Ludwell House

2 Guildford Street

Chertsey

Surrey

KT16 9BQ

FIXED ASSETS

Tangible assets

2

263

445

Investments

3

1

264

446

CURRENT ASSETS

Debtors

13,574

17,542

CREDITORS

Amounts falling due within one year

37,838

33,828

NET CURRENT LIABILITIES

(24,264

)

(16,286

)

TOTAL ASSETS LESS CURRENT
LIABILITIES

(24,000

)

(15,840

)

CAPITAL AND RESERVES

Called up share capital

4

2

Profit and loss account

(24,002

)

(15,842

)

SHAREHOLDERS' FUNDS

(24,000

)

(15,840

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2015.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2015 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 abbreviated accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.

The financial statements were approved by the director on 30 September 2016 and were signed by:

P A E Bull - Director

1.	ACCOUNTING POLICIES

Accounting convention

The financial statements have been prepared under the historical cost convention and in accordance with the

Financial Reporting Standard for Smaller Entities (effective January 2015).

Preparation of consolidated financial statements

The financial statements contain information about Real Estate Evolution Limited as an individual company and

do not contain consolidated financial information as the parent of a group. The company has taken the option

under Section 398 of the Companies Act 2006 not to prepare consolidated financial statements.

Exemption from preparing a cash flow statement

Exemption has been taken from preparing a cash flow statement on the grounds that the company qualifies as a

small company.

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.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 January 2015

2,919

Additions

140

At 31 December 2015

3,059

DEPRECIATION

At 1 January 2015

2,474

Charge for year

322

At 31 December 2015

2,796

NET BOOK VALUE

At 31 December 2015

263

At 31 December 2014

445

3.	FIXED ASSET INVESTMENTS

Investments

other

than

loans

£

COST

At 1 January 2015

and 31 December 2015

1

NET BOOK VALUE

At 31 December 2015

1

At 31 December 2014

1

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

Real Estate Land Ltd

Nature of business: Land Development

%

Class of shares:

holding

Ordinary

100.00

31.12.15

31.12.14

£

Aggregate capital and reserves

(77,686

)

(62,794

)

Loss for the year

(14,892

)

(4,661

)

4.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.12.15

31.12.14

value:

£

2

Ordinary

£1

2

5.	RELATED PARTY DISCLOSURES

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

director made a further loan of £1,945 ( 2014 £4,538) to the company. At the end of the period the amount owed

to the director was £ 19,523 ( 2014 owed £17,578 ).

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

unaudited financial statements, from which the unaudited abbreviated accounts (set out on pages two to four)

have been prepared.

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 year ended 31 December 2015 which comprise the Profit

and Loss Account, the 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 at icaew.com/membershandbook.

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 AAF 2/10 as detailed at icaew.com/compilation. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company 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 year.

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.

H.G.Field & Co.

Accountants and Financial Advisors

Ludwell House

2 Guildford Street

Chertsey

Surrey

KT16 9BQ

30 September 2016