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REGISTERED NUMBER: 13494395 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS

FOR THE PERIOD 1 AUGUST 2022 TO 31 OCTOBER 2023

FOR

REGAL UK PROPERTY LTD

REGAL UK PROPERTY LTD (REGISTERED NUMBER: 13494395)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE PERIOD 1 AUGUST 2022 TO 31 OCTOBER 2023










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


REGAL UK PROPERTY LTD

COMPANY INFORMATION
FOR THE PERIOD 1 AUGUST 2022 TO 31 OCTOBER 2023







DIRECTOR: D Goggin





SECRETARY:





REGISTERED OFFICE: 3 Beacon Mews
South Road
Weybridge
KT13 9DZ





REGISTERED NUMBER: 13494395 (England and Wales)





ACCOUNTANTS: Advanta
Chartered Accountants
29 Gildredge Road
Eastbourne
East Sussex
BN21 4RU

REGAL UK PROPERTY LTD (REGISTERED NUMBER: 13494395)

BALANCE SHEET
31 OCTOBER 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Investment property 4 980,000 -

CURRENT ASSETS
Debtors 5 16,239 -
Cash at bank and in hand 68,448 1
84,687 1
CREDITORS
Amounts falling due within one year 6 748,456 -
NET CURRENT (LIABILITIES)/ASSETS (663,769 ) 1
TOTAL ASSETS LESS CURRENT
LIABILITIES

316,231

1

CREDITORS
Amounts falling due after more than one
year

7

(93,000

)

-

PROVISIONS FOR LIABILITIES 9 (58,174 ) -
NET ASSETS 165,057 1

CAPITAL AND RESERVES
Called up share capital 1 1
Non-distributable reserve 10 174,523 -
Retained earnings (9,467 ) -
SHAREHOLDERS' FUNDS 165,057 1

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

The members have not required the company to obtain an audit of its financial statements for the period ended 31 October 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 31 July 2024 and were signed by:





D Goggin - Director


REGAL UK PROPERTY LTD (REGISTERED NUMBER: 13494395)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD 1 AUGUST 2022 TO 31 OCTOBER 2023


1. STATUTORY INFORMATION

Regal UK Property 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.

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 as modified by the revaluation of certain assets.

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

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.

Investment property is carried at fair value. Revaluation surpluses or deficits are recognised in the income statement. Deferred taxation is provided on these gains at the rate expected to apply when the property is sold.

Taxation
Taxation for the period comprises current and deferred tax. Tax is recognised in the Income Statement, 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.

3. EMPLOYEES AND DIRECTORS

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

4. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
Additions 747,302
Revaluations 232,698
At 31 October 2023 980,000
NET BOOK VALUE
At 31 October 2023 980,000

REGAL UK PROPERTY LTD (REGISTERED NUMBER: 13494395)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE PERIOD 1 AUGUST 2022 TO 31 OCTOBER 2023


4. INVESTMENT PROPERTY - continued

Fair value at 31 October 2023 is represented by:
£   
Valuation in 2023 232,698
Cost 747,302
980,000

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors 15,800 -
Prepayments 439 -
16,239 -

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Other loans 96,250 -
Trade creditors 1 -
Other creditors 6,280 -
Directors' current accounts 642,010 -
Deferred income 2,925 -
Accrued expenses 990 -
748,456 -

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2023 2022
£    £   
Other loans - 1-2 years 93,000 -

8. SECURED DEBTS

Loans of £164,250 are secured by way of fixed charges over the company's investment assets.

9. PROVISIONS FOR LIABILITIES
2023 2022
£    £   
Deferred tax
Investment fair value movement 58,174 -

Deferred
tax
£   
Investment fair value movement 58,174
Balance at 31 October 2023 58,174

REGAL UK PROPERTY LTD (REGISTERED NUMBER: 13494395)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE PERIOD 1 AUGUST 2022 TO 31 OCTOBER 2023


10. RESERVES
Non-distributable
reserve
£   
Reserve transfer 174,523

At 31 October 2023 174,523