Caseware UK (AP4) 2022.0.179 2022.0.179 2023-03-312023-03-312022-04-01falseNo description of principal activity22truetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 09422297 2022-04-01 2023-03-31 09422297 2021-04-01 2022-03-31 09422297 2023-03-31 09422297 2022-03-31 09422297 c:Director1 2022-04-01 2023-03-31 09422297 d:MotorVehicles 2022-04-01 2023-03-31 09422297 d:MotorVehicles 2023-03-31 09422297 d:MotorVehicles 2022-03-31 09422297 d:MotorVehicles d:OwnedOrFreeholdAssets 2022-04-01 2023-03-31 09422297 d:OfficeEquipment 2022-04-01 2023-03-31 09422297 d:OfficeEquipment 2023-03-31 09422297 d:OfficeEquipment 2022-03-31 09422297 d:OfficeEquipment d:OwnedOrFreeholdAssets 2022-04-01 2023-03-31 09422297 d:OwnedOrFreeholdAssets 2022-04-01 2023-03-31 09422297 d:CurrentFinancialInstruments 2023-03-31 09422297 d:CurrentFinancialInstruments 2022-03-31 09422297 d:CurrentFinancialInstruments d:WithinOneYear 2023-03-31 09422297 d:CurrentFinancialInstruments d:WithinOneYear 2022-03-31 09422297 d:ShareCapital 2023-03-31 09422297 d:ShareCapital 2022-03-31 09422297 d:RetainedEarningsAccumulatedLosses 2023-03-31 09422297 d:RetainedEarningsAccumulatedLosses 2022-03-31 09422297 c:FRS102 2022-04-01 2023-03-31 09422297 c:AuditExempt-NoAccountantsReport 2022-04-01 2023-03-31 09422297 c:FullAccounts 2022-04-01 2023-03-31 09422297 c:PrivateLimitedCompanyLtd 2022-04-01 2023-03-31 09422297 6 2022-04-01 2023-03-31 iso4217:GBP xbrli:pure

Registered number: 09422297









REGENTS (GODIVA) LTD







UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 31 MARCH 2023

 
REGENTS (GODIVA) LTD
REGISTERED NUMBER: 09422297

BALANCE SHEET
AS AT 31 MARCH 2023

2023
2022
Note
£
£

Fixed assets
  

Tangible assets
 4 
818
96,676

Investments
 5 
134,059
70,205

  
134,877
166,881

Current assets
  

Debtors: amounts falling due within one year
 6 
134,692
127,617

Cash at bank and in hand
 7 
34,529
91,188

  
169,221
218,805

Creditors: amounts falling due within one year
 8 
(20,915)
(5,376)

Net current assets
  
 
 
148,306
 
 
213,429

Total assets less current liabilities
  
283,183
380,310

  

Net assets
  
283,183
380,310


Capital and reserves
  

Called up share capital 
  
100
100

Profit and loss account
  
283,083
380,210

  
283,183
380,310


Page 1

 
REGENTS (GODIVA) LTD
REGISTERED NUMBER: 09422297
    
BALANCE SHEET (CONTINUED)
AS AT 31 MARCH 2023

The directors consider 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 directors acknowledge their 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 comprehensive income 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: 




J Parnes
Director

Date: 20 October 2023

The notes on pages 3 to 7 form part of these financial statements.

Page 2

 
REGENTS (GODIVA) LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023

1.


General information

Regents (Godiva) Limited is a private limited company incorporated in England and Wales. The registered office address is 101 New Cavendish Street, 1st Floor South, London, United Kingdom, W1W 6XH (Registered number 09422297). The financial statements are presented in Sterling, which is also the functional currency of the Company.

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 Section 1A of Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.

 
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.

Page 3

 
REGENTS (GODIVA) LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023

2.Accounting policies (continued)

 
2.3

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.

The estimated useful lives range as follows:

Motor vehicles
-
20% Reducing balance
Office equipment
-
 20% 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.

 
2.4

Valuation of investments

Investments in subsidiaries are measured at cost less accumulated impairment.

Investments in unlisted Company shares, whose market value can be reliably determined, are remeasured to market value at each balance sheet date. Gains and losses on remeasurement are recognised in the Statement of Comprehensive Income for the period. Where market value cannot be reliably determined, such investments are stated at historic cost less impairment.

Investments in listed company shares are remeasured to market value at each balance sheet date. Gains and losses on remeasurement are recognised in profit or loss for the period.

 
2.5

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.

 
2.6

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.

Page 4

 
REGENTS (GODIVA) LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023

2.Accounting policies (continued)

 
2.7

Foreign currency translation

Functional and presentation currency

The Company's functional and presentational currency is GBP.

Transactions and balances

Foreign currency transactions are translated into the functional currency using the spot exchange rates at the dates of the transactions.

At each period end foreign currency monetary items are translated using the closing rate. Non-monetary items measured at historical cost are translated using the exchange rate at the date of the transaction and non-monetary items measured at fair value are measured using the exchange rate when fair value was determined.

Foreign exchange gains and losses resulting from the settlement of transactions and from the translation at period-end exchange rates of monetary assets and liabilities denominated in foreign currencies are recognised in profit or loss except when deferred in other comprehensive income as qualifying cash flow hedges.

Foreign exchange gains and losses that relate to borrowings and cash and cash equivalents are presented in the Statement of Comprehensive Income within 'finance income or costs'. All other foreign exchange gains and losses are presented in profit or loss within 'other operating income'.

 
2.8

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.

 
2.9

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.


3.


Employees

The average monthly number of employees, including directors, during the year was 2 (2022 - 2).

Page 5

 
REGENTS (GODIVA) LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023

4.


Tangible fixed assets





Motor vehicles
Office equipment
Total

£
£
£



Cost or valuation


At 1 April 2022
124,950
5,212
130,162


Disposals
(124,950)
-
(124,950)



At 31 March 2023

-
5,212
5,212



Depreciation


At 1 April 2022
29,988
3,497
33,485


Charge for the year on owned assets
18,992
897
19,889


Disposals
(48,980)
-
(48,980)



At 31 March 2023

-
4,394
4,394



Net book value



At 31 March 2023
-
818
818



At 31 March 2022
94,962
1,715
96,677

Page 6

 
REGENTS (GODIVA) LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023

5.


Fixed asset investments





Listed investments

£



Cost or valuation


At 1 April 2022
70,205


Additions
90,954


Disposals
(161,159)


Revaluations
134,059



At 31 March 2023
134,059





6.


Debtors

2023
2022
£
£


Other debtors
134,692
127,617

134,692
127,617



7.


Cash and cash equivalents

2023
2022
£
£

Cash at bank and in hand
34,528
91,188

34,528
91,188



8.


Creditors: Amounts falling due within one year

2023
2022
£
£

Corporation tax
17,415
-

Accruals and deferred income
3,500
5,376

20,915
5,376


 
Page 7