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Company Registration No. 13060157 (England and Wales)
Regalis Property Ltd Unaudited accounts for the year ended 31 December 2023
Regalis Property Ltd Unaudited accounts Contents
Page
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Regalis Property Ltd Company Information for the year ended 31 December 2023
Director
J A Simpson
Company Number
13060157 (England and Wales)
Registered Office
3 Little Baldon Oxford OX44 9PU England
Accountants
TaxSense Accountants Ltd 203 West Street Fareham Hants PO16 0EN
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Regalis Property Ltd Statement of financial position as at 31 December 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
1,414 
1,885 
Current assets
Cash at bank and in hand
920 
674 
Creditors: amounts falling due within one year
(1,450)
(2,680)
Net current liabilities
(530)
(2,006)
Net assets/(liabilities)
884 
(121)
Capital and reserves
Called up share capital
1 
1 
Profit and loss account
883 
(122)
Shareholders' funds
884 
(121)
For the year ending 31 December 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 her 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 25 January 2024 and were signed on its behalf by
J A Simpson Director Company Registration No. 13060157
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Regalis Property Ltd Notes to the Accounts for the year ended 31 December 2023
1
Statutory information
Regalis Property Ltd is a private company, limited by shares, registered in England and Wales, registration number 13060157. The registered office is 3 Little Baldon, Oxford, OX44 9PU, England.
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:
Computer equipment
25% reducing balance
4
Tangible fixed assets
Computer equipment 
£ 
Cost or valuation
At cost 
At 1 January 2023
2,513 
At 31 December 2023
2,513 
Depreciation
At 1 January 2023
628 
Charge for the year
471 
At 31 December 2023
1,099 
Net book value
At 31 December 2023
1,414 
At 31 December 2022
1,885 
5
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Taxes and social security
26 
- 
Loans from directors
631 
2,680 
Accruals
793 
- 
1,450 
2,680 
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Regalis Property Ltd Notes to the Accounts for the year ended 31 December 2023
6
Share capital
2023 
2022 
£ 
£ 
Allotted, called up and fully paid:
1 Ordinary shares of £1 each
1 
1 
7
Loans to directors
Brought Forward 
Advance/ credit 
Repaid 
Carried Forward 
£ 
£ 
£ 
£ 
J A Simpson
Director Loan Account
(2,680)
(1,512)
(3,561)
(631)
(2,680)
(1,512)
(3,561)
(631)
8
Average number of employees
During the year the average number of employees was 0 (2022: 0).
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