2022-05-01 03175340 2023-04-30 03175340 2022-05-01 2023-04-30 03175340 2022-04-30 03175340 2021-05-01 2022-04-30 03175340 uk-core:WithinOneYear 2022-04-30 03175340 uk-core:WithinOneYear 2023-04-30 03175340 uk-core:AfterOneYear 2022-04-30 03175340 uk-core:AfterOneYear 2023-04-30 03175340 uk-core:ShareCapital 2023-04-30 03175340 uk-core:ShareCapital 2022-04-30 03175340 uk-core:RevaluationReserve 2023-04-30 03175340 uk-core:RevaluationReserve 2022-04-30 03175340 uk-core:RetainedEarningsAccumulatedLosses 2023-04-30 03175340 uk-core:RetainedEarningsAccumulatedLosses 2022-04-30 03175340 uk-bus:Director1 2022-05-01 2023-04-30 03175340 uk-core:LeaseholdImprovements 2022-05-01 2023-04-30 03175340 uk-core:ToolsEquipment 2022-05-01 2023-04-30 03175340 uk-core:FurnitureFittings 2022-05-01 2023-04-30 03175340 uk-core:ToolsEquipment 2022-04-30 03175340 uk-core:FurnitureFittings 2022-04-30 03175340 uk-core:LeaseholdImprovements 2022-04-30 03175340 uk-core:LeaseholdImprovements 2023-04-30 03175340 uk-core:FurnitureFittings 2023-04-30 03175340 uk-core:ToolsEquipment 2023-04-30 03175340 uk-core:CostValuation 2022-04-30 03175340 uk-core:CostValuation uk-core:Non-currentFinancialInstruments 2022-04-30 03175340 uk-core:AdditionsToInvestments 2023-04-30 03175340 uk-core:AdditionsToInvestments uk-core:Non-currentFinancialInstruments 2023-04-30 03175340 uk-core:CostValuation uk-core:Non-currentFinancialInstruments 2023-04-30 03175340 uk-core:CostValuation 2023-04-30 03175340 uk-core:Non-currentFinancialInstruments 2023-04-30 03175340 uk-core:Non-currentFinancialInstruments 2022-04-30 03175340 uk-core:AfterOneYear uk-core:Secured 2023-04-30 03175340 uk-core:AfterOneYear uk-core:Secured 2022-04-30 iso4217:GBP xbrli:pure 03175340 uk-bus:AuditExemptWithAccountantsReport 2022-05-01 2023-04-30 03175340 uk-bus:FRS102 2022-05-01 2023-04-30 03175340 uk-bus:FullAccounts 2022-05-01 2023-04-30 03175340 uk-bus:PrivateLimitedCompanyLtd 2022-05-01 2023-04-30
Regalstrong Limited
Registered Number:03175340
For the year ended 30 April 2023
England and Wales
Unaudited Financial Statements
2
For the year ended 30 April 2023
Regalstrong Limited
Contents Page
1
Statement of Financial Position
2 to 5
Notes to the Financial Statements
3
Registered Number :
03175340
As at 30 April 2023
Regalstrong Limited
Statement of Financial Position
£
£
2022
2023
Notes
Fixed assets
Property, plant and equipment
19,528
26,032
2
Financial assets
182,236
193,871
3
213,399
208,268
Current assets
Trade and other receivables
1,224,665
977,161
4
110,774
Cash and cash equivalents
129,805
1,106,966
1,335,439
Trade and other payables: amounts falling due within one
year
(23,880)
(34,244)
5
1,311,559
1,072,722
Net current assets
Total assets less current liabilities
1,286,121
1,519,827
Trade and other payables: amounts falling due after more
than one year
(733,013)
(496,661)
6
789,460
Net assets
786,814
Capital and reserves
Called up share capital
100
100
Revaluation reserve
140,274
140,274
7
Retained earnings
649,086
646,440
789,460
786,814
Shareholders' funds
For the year ended 30 April 2023 the company was entitled to exemption from audit under Section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 2023 in accordance with Section 476 of the Companies Act 2006
The director acknowledges his responsibilities for:a) ensuring that the company keeps proper 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 Section
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.
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.
The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
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4
Registered Number :
03175340
For the year ended 30 April 2023
Regalstrong Limited
Statement of Financial Position Continued
Brett Woodall Director
These financial statements were approved and authorised for issue by the Board on 10 October 2023 and were signed by:
The notes form part of these financial statements
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5
For the year ended 30 April 2023
Regalstrong Limited
Notes to the Financial Statements
Statutory Information
Regalstrong Limited is a private limited company, limited by shares, domiciled in England and Wales, registration
number 03175340.
Registered address:
Regal House
56 Cradley Road
Cradley Heath
West Midlands
B64 7BB
The presentation currency is £ sterling.
1. Accounting policies
Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A 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 costs convention as
modified by the revaluation of certain assets.
Revenue recognition
Turnover represents amounts receivable for services. Amounts receivable for services performed over time are based upon the stage of completion of the services performed.
Property, plant and equipment
Land and buildings
10% Straight line
50% Reducing balance
Computer equipment
25% Reducing balance
Fixtures and fittings
The company''s freehold properties are revalued in full every five years. Interim valuations are carried out when it is
likely that there has been a material change in value.
No depreciation is provided on the company''s freehold properties since in the opinion of the directors the expected
useful lives are sufficiently long and the estimated residual values are sufficiently high that any such depreciation
would be immaterial. The directors undertake an annual impairment review of these properties.
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6
For the year ended 30 April 2023
Regalstrong Limited
Notes to the Financial Statements Continued
2. Property, plant and equipment
Total
Computer
equipment
Fixtures and
fittings
Land and
buildings
£
£
£
£
Cost or
valuation
At 01 May 2022
74,225
10,539
435
63,251
At 30 April 2023
63,251
435
10,539
74,225
Provision for depreciation and impairment
At 01 May 2022
48,193
9,823
420
37,950
Charge for year
6,504
179
-
6,325
At 30 April 2023
54,697
10,002
420
44,275
At 30 April 2023
Net book value
18,976
15
537
19,528
At 30 April 2022
25,301
15
716
26,032
3. Investments held as fixed assets
Other investments
Total
At 01 May 2022
182,236
182,236
Cost
£
£
11,635
11,635
Additions
At 30 April 2023
193,871
193,871
At 30 April 2023
Net book value
193,871
193,871
At 01 May 2022
182,236
182,236
4. Trade and other receivables
2022
2023
£
£
Trade debtors
720,440
920,867
Other debtors
256,721
303,798
1,224,665
977,161
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7
For the year ended 30 April 2023
Regalstrong Limited
Notes to the Financial Statements Continued
5. Trade and other payables: amounts falling due within one year
2022
2023
£
£
Taxation and social security
22,452
13,860
Other creditors
11,792
10,020
34,244
23,880
6. Trade and other payables: amounts falling due after more than one year
2022
2023
£
£
Bank loans and overdraft
35,833
45,833
Bank loans and overdraft (secured)
460,828
687,180
496,661
733,013
7. Reserves
Total
£
Revaluation reserve at 01 May 2022
140,274
140,274
Revaluation reserve at 30 April 2023
8. Average number of persons employed
During the year the average number of employees was 2 (2022 : 2)
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