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REGISTERED NUMBER: 03584512 (England and Wales)















Unaudited Financial Statements for the Year Ended 30 June 2023

for

Regal Construction 2000 Limited

Regal Construction 2000 Limited (Registered number: 03584512)






Contents of the Financial Statements
for the Year Ended 30 June 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4

Report of the Accountants 8

Regal Construction 2000 Limited

Company Information
for the Year Ended 30 June 2023







DIRECTORS: P O Shea
A Butler





SECRETARY: Mrs D O Shea





REGISTERED OFFICE: Unit 12
211-213 Kingsbury Road
Kingsbury
London
NW9 8AQ





REGISTERED NUMBER: 03584512 (England and Wales)





ACCOUNTANTS: Evolve Accounting and Tax Solutions Limited
2nd Floor Congress House
14 Lyon Road
Harrow
Middlesex
HA1 2EN

Regal Construction 2000 Limited (Registered number: 03584512)

Balance Sheet
30 June 2023

30.6.23 30.6.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 30,665 39,003
Investments 5 1,035,683 500,000
1,066,348 539,003

CURRENT ASSETS
Stocks 282,440 661,840
Debtors 6 166,166 319,829
Prepayments and accrued income 8,311 9,523
Cash at bank 1,731,545 1,759,281
2,188,462 2,750,473
CREDITORS
Amounts falling due within one year 7 815,826 977,664
NET CURRENT ASSETS 1,372,636 1,772,809
TOTAL ASSETS LESS CURRENT
LIABILITIES

2,438,984

2,311,812

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 2,438,884 2,311,712
SHAREHOLDERS' FUNDS 2,438,984 2,311,812

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 2023 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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.

Regal Construction 2000 Limited (Registered number: 03584512)

Balance Sheet - continued
30 June 2023


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 7 November 2023 and were signed on its behalf by:




P O Shea - Director



A Butler - Director


Regal Construction 2000 Limited (Registered number: 03584512)

Notes to the Financial Statements
for the Year Ended 30 June 2023

1. STATUTORY INFORMATION

Regal Construction 2000 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 Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery etc - 25% on reducing balance

Stocks
Work in progress is valued at the lower of cost and net realisable value.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

Regal Construction 2000 Limited (Registered number: 03584512)

Notes to the Financial Statements - continued
for the Year Ended 30 June 2023

2. ACCOUNTING POLICIES - continued

Financial instruments
The company has elected to apply the provisions of Section 11 'Basic Financial Instruments' of FRS 102 to all of its financial instruments.

Financial instruments are recognised in the company's balance sheet when the company becomes party to the contractual provisions of the instrument.

Financial assets and liabilities are offset, with the net amounts presented in the financial statements when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

Basic financial assets
Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction cost. Financial assets classified as receivable within one year are not amortised.

Cash and cash equivalents
Cash and cash equivalents are basic financial assets and include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.


Classification of financial liabilities
Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.

Basic financial liabilities
Basic financial liabilities, including creditors and loans are initially recognised at transaction price. Financial liabilities classified as payable within one year are not amortised.

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Amounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors are initially recognised at transaction price.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 8 (2022 - 7 ) .

Regal Construction 2000 Limited (Registered number: 03584512)

Notes to the Financial Statements - continued
for the Year Ended 30 June 2023

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 July 2022 139,723
Additions 7,223
Disposals (12,658 )
At 30 June 2023 134,288
DEPRECIATION
At 1 July 2022 100,720
Charge for year 10,220
Eliminated on disposal (7,317 )
At 30 June 2023 103,623
NET BOOK VALUE
At 30 June 2023 30,665
At 30 June 2022 39,003

5. FIXED ASSET INVESTMENTS
Other
investments
£   
COST
At 1 July 2022 500,000
Additions 1,035,683
Disposals (500,000 )
At 30 June 2023 1,035,683
NET BOOK VALUE
At 30 June 2023 1,035,683
At 30 June 2022 500,000

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.6.23 30.6.22
£    £   
Trade debtors 84,573 116,222
Other debtors 81,593 203,607
166,166 319,829

Regal Construction 2000 Limited (Registered number: 03584512)

Notes to the Financial Statements - continued
for the Year Ended 30 June 2023

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.6.23 30.6.22
£    £   
Trade creditors 469,176 766,813
Taxation and social security 252,148 116,000
Other creditors 94,502 94,851
815,826 977,664

8. ULTIMATE CONTROLLING PARTY

The company is controlled by Mr P V O' Shea, Mr A Butler, and Mrs D O' Shea by virtue of their ownership of 26%, 28%, and 26% of the issued ordinary share capital in the company.

Regal Construction 2000 Limited

Report of the Accountants to the Directors of
Regal Construction 2000 Limited

The following reproduces the text of the report prepared for the directors 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 Directors are not required to be filed with the Registrar of Companies.

As described on the Balance Sheet you are responsible for the preparation of the financial statements for the year ended 30 June 2023 set out on pages three to nine and you consider that the company is exempt from an audit.

In accordance with your instructions, we have compiled these unaudited financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and information and explanations supplied to us.






Evolve Accounting and Tax Solutions Limited
2nd Floor Congress House
14 Lyon Road
Harrow
Middlesex
HA1 2EN


7 November 2023