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REGISTERED NUMBER: 11461929 (England and Wales)










Regal Griffin Properties Ltd

Unaudited Financial Statements

for the Period 30 April 2022 to 28 April 2023






Regal Griffin Properties Ltd (Registered number: 11461929)






Contents of the Financial Statements
for the Period 30 April 2022 to 28 April 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


Regal Griffin Properties Ltd

Company Information
for the Period 30 April 2022 to 28 April 2023







DIRECTOR: Mr Viktor Emil John Peterson





REGISTERED OFFICE: Shacter Cohen & Bor
31 Sackville Street
Manchester
England
M1 3LZ





REGISTERED NUMBER: 11461929 (England and Wales)






Regal Griffin Properties Ltd (Registered number: 11461929)

Balance Sheet
28 April 2023

2023 2022
Notes £    £   
FIXED ASSETS
Tangible assets 5 225,560 225,560

CURRENT ASSETS
Debtors 6 1,486 1,486
Cash at bank 51 120
1,537 1,606
CREDITORS
Amounts falling due within one year 7 (283,533 ) (283,372 )
NET CURRENT LIABILITIES (281,996 ) (281,766 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

(56,436

)

(56,206

)

CAPITAL AND RESERVES
Called up share capital 8 100 100
Retained earnings (56,536 ) (56,306 )
SHAREHOLDERS' FUNDS (56,436 ) (56,206 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 28 April 2023.

The members have not required the company to obtain an audit of its financial statements for the period ended 28 April 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 Profit and Loss Account has not been delivered.

The financial statements were approved by the director and authorised for issue on 16 August 2024 and were signed by:



Mr Viktor Emil John Peterson - Director


Regal Griffin Properties Ltd (Registered number: 11461929)

Notes to the Financial Statements
for the Period 30 April 2022 to 28 April 2023

1. GENERAL INFORMATION

The company is a private company limited by share capital, incorporated in England.

The address of its registered office is:
Shacter Cohen & Bor
31 Sackville Street
Manchester
M1 3LZ
England

2. STATEMENT OF COMPLIANCE

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

3. ACCOUNTING POLICIES

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES AND KEY ACCOUNTING ESTIMATES
The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

BASIS OF PREPARATION
These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

GOING CONCERN
The company's liabilities exceeded its assets as at the year end. These financial statements have been prepared on a going concern basis and the company will continue to be supported by its directors.

TANGIBLE ASSETS
Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

DEPRECIATION
Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class Depreciation method and rate
Land and buildings Nil

CASH AND CASH EQUIVALENTS
Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Regal Griffin Properties Ltd (Registered number: 11461929)

Notes to the Financial Statements - continued
for the Period 30 April 2022 to 28 April 2023

3. ACCOUNTING POLICIES - continued

TRADE DEBTORS
Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.

Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

TRADE CREDITORS
Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

SHARE CAPITAL
Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

4. EMPLOYEES AND DIRECTORS

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

5. TANGIBLE FIXED ASSETS
Land and
buildings
£   
COST
At 30 April 2022
and 28 April 2023 225,560
NET BOOK VALUE
At 28 April 2023 225,560
At 29 April 2022 225,560

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Prepayments 1,486 1,486

Regal Griffin Properties Ltd (Registered number: 11461929)

Notes to the Financial Statements - continued
for the Period 30 April 2022 to 28 April 2023

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Other creditors 4,385 3,334
VIPE Solutions Ltd Loan a/c 12,200 12,200
Directors' current accounts 266,588 266,588
Accruals 360 1,250
283,533 283,372

8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2023 2022
value: £    £   
100 Ordinary share 1 100 100