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REGISTERED NUMBER: 11405822 (England and Wales)













REGULAITION LTD

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 JUNE 2024






REGULAITION LTD (REGISTERED NUMBER: 11405822)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2024




Page

Balance Sheet 1


REGULAITION LTD (REGISTERED NUMBER: 11405822)

BALANCE SHEET
30 JUNE 2024

2024 2023
£    £    £    £   
FIXED ASSETS 142 770

CURRENT ASSETS 216,370 473,759

CREDITORS
Amounts falling due within one year (1,548,327 ) (775,251 )
NET CURRENT LIABILITIES (1,331,957 ) (301,492 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

(1,331,815

)

(300,722

)

CREDITORS
Amounts falling due after more than one
year

-

1,000,000
NET LIABILITIES (1,331,815 ) (1,300,722 )

CAPITAL AND RESERVES (1,331,815 ) (1,300,722 )

NOTES TO THE FINANCIAL STATEMENTS

1. STATUTORY INFORMATION

Regulaition Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

Registered number: 11405822

Registered office: Unit 5 Belmont Business Centre
Graywood Road
East Hoathly
Nr LEWES
East Sussex
BN8 6QL

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


2. AVERAGE NUMBER OF EMPLOYEES

The average number of employees during the year was 5 (2023 - 5 ) .

3. OTHER MATTERS

Convertible Loans Agreements
On 30th June 2020 the company entered into a Government backed, unsecured, Convertible Loan Agreement whereby the £500,000 introduced by a private investor was matched by the fund. The agreement end date is June 2025. The £1m liability is shown within current liabilities. No interest has been accrued at the year end.

REGULAITION LTD (REGISTERED NUMBER: 11405822)

BALANCE SHEET - continued
30 JUNE 2024

NOTES TO THE FINANCIAL STATEMENTS

4. GOING CONCERN

The financial statements have been prepared on a going concern basis. The directors have considered the financial position of the company and have confirmed that outside finance is available. Financial support is being provided by a director who has indicated that this support will continue for the foreseeable future.



The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 in accordance with the micro-entity provisions and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The financial statements were approved by the Board of Directors and authorised for issue on 30 August 2024 and were signed on its behalf by:





Mrs S Sfeir - Director