Abbreviated Company Accounts - REALTEXT LIMITED

08239151 REALTEXT LIMITED 2014-10-31 false 2013-11-01 2014-10-31 true 08239151 2013-11-01 2014-10-31 08239151 2014-10-31 08239151 2013-10-31 08239151 uk-gaap-cd-bus:Director1 2013-11-01 2014-10-31 08239151 uk-gaap-cd-bus:Director2 2013-11-01 2014-10-31 uk-gaap-cd-bus:OrdinaryShareClass1 2013-11-01 2014-10-31 uk-gaap-cd-bus:OrdinaryShareClass1 2014-10-31 uk-gaap-cd-bus:OrdinaryShareClass1 2013-10-31 iso4217:GBP shares

Registered Number 08239151

REALTEXT LIMITED

Abbreviated Accounts

31 October 2014

REALTEXT LIMITED Registered Number 08239151

Abbreviated Balance Sheet as at 31 October 2014

	Notes	2014	2013
		£	£
Fixed assets
Intangible assets	2	12,000	12,000
Tangible assets	3	6,907	9,995
		18,907	21,995
Current assets
Debtors		29,300	21,049
Cash at bank and in hand		319	3,224
		29,619	24,273
Prepayments and accrued income		4,893	4,893
Creditors: amounts falling due within one year		(51,890)	(32,221)
Net current assets (liabilities)		(17,378)	(3,055)
Total assets less current liabilities		1,529	18,940
Creditors: amounts falling due after more than one year		(94,998)	(74,998)
Total net assets (liabilities)		(93,469)	(56,058)
Capital and reserves
Called up share capital	4	2	2
Profit and loss account		(93,471)	(56,060)
Shareholders' funds		(93,469)	(56,058)

For the year ending 31 October 2014 the company was entitled to exemption 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 directors acknowledge 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.

Approved by the Board on 26 October 2015

And signed on their behalf by:
Reza Maghzian, Director

REALTEXT LIMITED Registered Number 08239151

Notes to the Abbreviated Accounts for the period ended 31 October 2014

1Accounting Policies

Basis of measurement and preparation of accounts
The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities effective April 2008.

Tangible assets depreciation policy
Depreciation is provided on a reducing balance method at 33% for computers and software and 25% for fixtures and fittings

2Intangible fixed assets

	£
Cost
At 1 November 2013	12,000
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 31 October 2014	12,000
Amortisation
At 1 November 2013	-
Charge for the year	-
On disposals	-
At 31 October 2014	-
Net book values
At 31 October 2014	12,000
At 31 October 2013	12,000

Goodwill on acquisition of assets from liquidator of Sellers Legal Services Limited

3Tangible fixed assets

	£
Cost
At 1 November 2013	14,500
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 31 October 2014	14,500
Depreciation
At 1 November 2013	4,505
Charge for the year	3,088
On disposals	-
At 31 October 2014	7,593
Net book values
At 31 October 2014	6,907
At 31 October 2013	9,995

Depreciation rates are on a reducing balance 33% for software and computers and 25% for fixtures and fittings

4Called Up Share Capital
Allotted, called up and fully paid:

	2014 £	2013 £
2 Ordinary shares of £1 each	2	2