1 April 2022 false No description of principal activity Taxfiler 2023.10 12491408business:PrivateLimitedCompanyLtd2022-04-012023-03-31 124914082022-03-31 124914082022-04-012023-03-31 12491408business:AuditExempt-NoAccountantsReport2022-04-012023-03-31 12491408business:FilletedAccounts2022-04-012023-03-31 124914082023-03-31 12491408business:Director12022-04-012023-03-31 12491408business:RegisteredOffice2022-04-012023-03-31 124914082022-03-31 12491408core:WithinOneYear2023-03-31 12491408core:WithinOneYear2022-03-31 12491408core:AfterOneYear2023-03-31 12491408core:AfterOneYear2022-03-31 12491408core:ShareCapitalcore:PreviouslyStatedAmount2023-03-31 12491408core:ShareCapitalcore:PreviouslyStatedAmount2022-03-31 12491408core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-03-31 12491408core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2022-03-31 12491408core:PreviouslyStatedAmount2023-03-31 12491408core:PreviouslyStatedAmount2022-03-31 12491408business:SmallEntities2022-04-012023-03-31 12491408countries:EnglandWales2022-04-012023-03-31 12491408core:PlantMachinery2022-04-012023-03-31 12491408core:MotorVehicles2022-04-012023-03-31 12491408core:PlantMachinery2022-03-31 12491408core:MotorVehicles2022-03-31 12491408core:PlantMachinery2023-03-31 12491408core:MotorVehicles2023-03-31 124914082021-04-012022-03-31 iso4217:GBP xbrli:pure
Company Registration No. 12491408 (England and Wales)
Regen Electricals Limited Unaudited accounts for the year ended 31 March 2023
Regen Electricals Limited Unaudited accounts Contents
Page
- 2 -
Regen Electricals Limited Company Information for the year ended 31 March 2023
Director
Carl Lewis
Company Number
12491408 (England and Wales)
Registered Office
Units 1 & 2 Neath Abbey Business Park Neath SA10 7DR
- 3 -
Regen Electricals Limited Statement of financial position as at 31 March 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
16,332 
25,735 
Current assets
Inventories
2,000 
2,000 
Debtors
84,299 
47,852 
Cash at bank and in hand
24,980 
10,263 
111,279 
60,115 
Creditors: amounts falling due within one year
(70,321)
(40,525)
Net current assets
40,958 
19,590 
Total assets less current liabilities
57,290 
45,325 
Creditors: amounts falling due after more than one year
(14,400)
(19,200)
Net assets
42,890 
26,125 
Capital and reserves
Called up share capital
1 
1 
Profit and loss account
42,889 
26,124 
Shareholders' funds
42,890 
26,125 
For the year ending 31 March 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 in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered 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 profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 30 June 2023 and were signed on its behalf by
Carl Lewis Director Company Registration No. 12491408
- 4 -
Regen Electricals Limited Notes to the Accounts for the year ended 31 March 2023
1
Statutory information
Regen Electricals Limited is a private company, limited by shares, registered in England and Wales, registration number 12491408. The registered office is Units 1 & 2 , Neath Abbey Business Park , Neath, SA10 7DR.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
Straight Line Method - 3 Years
Motor vehicles
Straight Line Method - 3 Years
4
Tangible fixed assets
Plant & machinery 
Motor vehicles 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 April 2022
9,950 
24,738 
34,688 
Additions
2,654 
- 
2,654 
At 31 March 2023
12,604 
24,738 
37,342 
Depreciation
At 1 April 2022
415 
8,538 
8,953 
Charge for the year
3,811 
8,246 
12,057 
At 31 March 2023
4,226 
16,784 
21,010 
Net book value
At 31 March 2023
8,378 
7,954 
16,332 
At 31 March 2022
9,535 
16,200 
25,735 
- 5 -
Regen Electricals Limited Notes to the Accounts for the year ended 31 March 2023
5
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
Trade debtors
81,394 
44,947 
Accrued income and prepayments
2,905 
2,905 
84,299 
47,852 
6
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Bank loans and overdrafts
4,800 
4,800 
VAT
8,857 
3,270 
Trade creditors
30,304 
14,475 
Taxes and social security
9,227 
5,457 
Loans from directors
17,133 
12,523 
70,321 
40,525 
7
Creditors: amounts falling due after more than one year
2023 
2022 
£ 
£ 
Bank loans
14,400 
19,200 
8
Average number of employees
During the year the average number of employees was 3 (2022: 3).
- 6 -