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REGISTERED NUMBER: 06681367 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 May 2023

for

The Regal Press UK Ltd

The Regal Press UK Ltd (Registered number: 06681367)






Contents of the Financial Statements
for the Year Ended 31 May 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


The Regal Press UK Ltd

Company Information
for the Year Ended 31 May 2023







DIRECTOR: W N Duffey Jr





REGISTERED OFFICE: 67 Westow Street
Upper Norwood
London
SE19 3RW





REGISTERED NUMBER: 06681367 (England and Wales)





ACCOUNTANTS: Thornton Springer LLP
Chartered Accountants
67 Westow Street
London
SE19 3RW

The Regal Press UK Ltd (Registered number: 06681367)

Balance Sheet
31 May 2023

31.5.23 31.5.22
Notes £    £   
CURRENT ASSETS
Stocks 687 851
Debtors 5 29,373 70,333
Cash at bank 2,788 638
32,848 71,822
CREDITORS
Amounts falling due within one year 6 (64,667 ) (104,964 )
NET CURRENT LIABILITIES (31,819 ) (33,142 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

(31,819

)

(33,142

)

CAPITAL AND RESERVES
Called up share capital 1,000 1,000
Retained earnings (32,819 ) (34,142 )
SHAREHOLDERS' FUNDS (31,819 ) (33,142 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 May 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 2023 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.

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 director and authorised for issue on 23 February 2024 and were signed by:





W N Duffey Jr - Director


The Regal Press UK Ltd (Registered number: 06681367)

Notes to the Financial Statements
for the Year Ended 31 May 2023

1. STATUTORY INFORMATION

The Regal Press UK Ltd 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. STATEMENT OF COMPLIANCE

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.

3. ACCOUNTING POLICIES

Basis of preparing the financial statements
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.

Turnover represents net invoiced sales of goods, excluding value added tax.

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Foreign currencies
Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

Going concern
Although the company's balance sheet shows that liabilities exceed assets by £31,819 (2022 - £33,142) the company continues to show increased revenues but not as quickly as the directors would have preferred. Accordingly Regal Press Inc has agreed to continue to support the company for at least 12 months after the approval of these financial statements. On this basis the director considers it appropriate to prepare these financial statements on a going concern basis.

4. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2022 - 1 ) .

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.5.23 31.5.22
£    £   
Trade debtors 10,629 67,766
Other debtors 18,744 2,567
29,373 70,333

The Regal Press UK Ltd (Registered number: 06681367)

Notes to the Financial Statements - continued
for the Year Ended 31 May 2023

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.5.23 31.5.22
£    £   
Bank loans and overdrafts - 6,743
Trade creditors 60,255 65,265
Taxation and social security 987 -
Other creditors 3,425 32,956
64,667 104,964