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REGISTERED NUMBER: 11086098 (England and Wales)















Unaudited Financial Statements

for the period

1 December 2021 to 29 November 2022

for

REGGIE PROPERTIES LIMITED

REGGIE PROPERTIES LIMITED (REGISTERED NUMBER: 11086098)

Contents of the Financial Statements
for the period 1 December 2021 to 29 November 2022










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


REGGIE PROPERTIES LIMITED

Company Information
for the period 1 December 2021 to 29 November 2022







Director: Mr J M Thompson





Registered office: 3rd Floor
Marlborough House
298 Regents Park Road
Finchley
London
N3 2SZ





Registered number: 11086098 (England and Wales)





Accountants: Haines Watts North London LLP
3rd Floor
Malborough House
298 Regents Park Road
Finchley
London
N3 2SZ

REGGIE PROPERTIES LIMITED (REGISTERED NUMBER: 11086098)

Balance Sheet
29 November 2022

2022 2021
Notes £ £ £ £
Fixed assets
Investments 4 2,000 2,000
Investment property 5 6,412,922 5,939,374
6,414,922 5,941,374

Current assets
Debtors 6 - 45,500
Cash at bank and in hand 21,768 182,601
21,768 228,101
Creditors
Amounts falling due within one year 7 1,112,380 1,397,465
Net current liabilities (1,090,612 ) (1,169,364 )
Total assets less current liabilities 5,324,310 4,772,010

Capital and reserves
Called up share capital 9 1 1
Retained earnings 5,324,309 4,772,009
Shareholders' funds 5,324,310 4,772,010

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 29 November 2022.

The members have not required the company to obtain an audit of its financial statements for the period ended 29 November 2022 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

REGGIE PROPERTIES LIMITED (REGISTERED NUMBER: 11086098)

Balance Sheet - continued
29 November 2022


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 Profit and Loss Account has not been delivered.

The financial statements were approved by the director and authorised for issue on 2 October 2023 and were signed by:





Mr J M Thompson - Director


REGGIE PROPERTIES LIMITED (REGISTERED NUMBER: 11086098)

Notes to the Financial Statements
for the period 1 December 2021 to 29 November 2022


1. Statutory information

Reggie Properties 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.

The presentation currency of the financial statements is the Pound Sterling (£).


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.

Key source of estimation, uncertainty and judgement
The preparation of financial statements in conformity with generally accepted accounting practice requires management to make estimates and judgement that affect the reported amounts of assets and liabilities as well as the disclosure of contingent assets and liabilities at the balance sheet date and the reported amounts of revenues and expenses during the reporting period.

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

Investments in subsidiaries
Investments in subsidiary undertakings are recognised at cost.

Investment property
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

Financial instruments
Financial assets and financial liabilities are recognised in the balance sheet when the company becomes a party to the contractual provisions of the instrument.

Creditors are classified as basic financial instruments and measured at initial recognition at transaction price. Creditors are subsequently measured at amortised cost using the effective interest rate method.

Cash and cash equivalents are classified as basic financial instruments and comprise cash in hand and at bank.

Financial liabilities and equity instruments issued by the company are classified in accordance with the substance of the contractual arrangements entered into and the definitions of a financial liability and an equity instrument. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities. Equity instruments issued by the company are recorded at the proceeds received, net of direct issue costs.


REGGIE PROPERTIES LIMITED (REGISTERED NUMBER: 11086098)

Notes to the Financial Statements - continued
for the period 1 December 2021 to 29 November 2022


2. Accounting policies - continued
Taxation
Taxation for the period comprises current tax. Tax is recognised in the Profit and Loss Account, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the period end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

3. Employees and directors

The average number of employees during the period was 1 (2021 - 1 ) .

4. Fixed asset investments
Shares in
group
undertakings
£
Cost
At 1 December 2021
and 29 November 2022 2,000
Net book value
At 29 November 2022 2,000
At 30 November 2021 2,000

REGGIE PROPERTIES LIMITED (REGISTERED NUMBER: 11086098)

Notes to the Financial Statements - continued
for the period 1 December 2021 to 29 November 2022


5. Investment property
Total
£
Fair value
At 1 December 2021 5,939,374
Additions 736,514
Disposals (262,966 )
At 29 November 2022 6,412,922
Net book value
At 29 November 2022 6,412,922
At 30 November 2021 5,939,374

6. Debtors: amounts falling due within one year
2022 2021
£ £
Other debtors - 45,500

7. Creditors: amounts falling due within one year
2022 2021
£ £
Trade creditors 71 1,649
Taxation and social security 8,685 890
Other creditors 1,103,624 1,394,926
1,112,380 1,397,465

8. Secured debts

The following secured debts are included within creditors:

2022 2021
£ £
Other creditors 973,379 998,523

Other creditors of £973,379 (2021 : £998,523) are secured by way of fixed charges over the company properties.

9. Called up share capital

Allotted, issued and fully paid:
Number: Class: Nominal 2022 2021
value: £ £
1 Ordinary £1 1 1