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REPORT OF THE DIRECTORS AND

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2023

FOR

REGENT FORMATIONS LIMITED

REGENT FORMATIONS LIMITED (REGISTERED NUMBER: 07851614)






CONTENTS OF THE FINANCIAL STATEMENTS
for the year ended 31 December 2023




Page

Company Information 1

Report of the Directors 2

Balance Sheet 3

Notes to the Financial Statements 4


REGENT FORMATIONS LIMITED

COMPANY INFORMATION
for the year ended 31 December 2023







DIRECTORS: D B J Guilor
I J Guilor
A D Guilor





SECRETARY: A D Guilor





REGISTERED OFFICE: Rotherham Road
New Houghton
Mansfield
Nottinghamshire
NG19 8TF





REGISTERED NUMBER: 07851614 (England and Wales)





ACCOUNTANTS: Hewitt Card Limited
Chartered Certified Accountants
70-72 Nottingham Road
Mansfield
Nottinghamshire
NG18 1BN

REGENT FORMATIONS LIMITED (REGISTERED NUMBER: 07851614)

REPORT OF THE DIRECTORS
for the year ended 31 December 2023

The directors present their report with the financial statements of the company for the year ended 31 December 2023.

PRINCIPAL ACTIVITY
The principal activity of the company in the year under review was that of a holding company.

DIRECTORS
The directors shown below have held office during the whole of the period from 1 January 2023 to the date of this report.

D B J Guilor
I J Guilor
A D Guilor

This report has been prepared in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

ON BEHALF OF THE BOARD:





D B J Guilor - Director


12 August 2024

REGENT FORMATIONS LIMITED (REGISTERED NUMBER: 07851614)

BALANCE SHEET
31 December 2023

31.12.23 31.12.22
Notes £    £    £    £   
FIXED ASSETS
Investments 5 2,795,692 2,795,692

CURRENT ASSETS
Cash at bank 367 6,575

CREDITORS
Amounts falling due within one year 6 60,661 60,661
NET CURRENT LIABILITIES (60,294 ) (54,086 )
TOTAL ASSETS LESS CURRENT LIABILITIES 2,735,398 2,741,606

CREDITORS
Amounts falling due after more than one year 7 208,878 255,457
NET ASSETS 2,526,520 2,486,149

CAPITAL AND RESERVES
Called up share capital 900,000 900,000
Retained earnings 1,626,520 1,586,149
SHAREHOLDERS' FUNDS 2,526,520 2,486,149

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2023 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 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 Board of Directors and authorised for issue on 12 August 2024 and were signed on its behalf by:





A D Guilor - Director


REGENT FORMATIONS LIMITED (REGISTERED NUMBER: 07851614)

NOTES TO THE FINANCIAL STATEMENTS
for the year ended 31 December 2023

1. STATUTORY INFORMATION

Regent Formations Limited 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 accounts have been prepared on the going concern basis which is dependent upon funding from its trading subsidiary and continued support of the group banker and shareholders.
.

Taxation
Taxation for the year 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 year 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.

Consolidation
The company and it's subsidiary comprise a small group. The company has taken advantage of the exemption provided by Section 248 of the Companies Act 2006 not to prepare group accounts.

Fixed asset investments
Fixed asset investments in subsidiary companies are included at cost less any impairment.

4. EMPLOYEES AND DIRECTORS

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

REGENT FORMATIONS LIMITED (REGISTERED NUMBER: 07851614)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the year ended 31 December 2023

5. FIXED ASSET INVESTMENTS
Other
investments
£   
COST
At 1 January 2023
and 31 December 2023 2,795,692
NET BOOK VALUE
At 31 December 2023 2,795,692
At 31 December 2022 2,795,692

The company's investments at the Balance Sheet date in the share capital of companies include the following:

Dale(Mansfield)Limited
Registered office: Rotherham Road, New Houghton, Nottinghamshire, NG19 8TF.
Nature of business: Engineering
%
Class of shares: holding
Ordinary £1 shares 100.00
31.12.23 31.12.22
£    £   
Aggregate capital and reserves - 606,574
Loss for the year - (431,307 )

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.23 31.12.22
£    £   
Bank loans and overdrafts 59,667 59,667
Accrued expenses 994 994
60,661 60,661

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
31.12.23 31.12.22
£    £   
Bank loans - 1-2 years 59,667 59,667
Bank loans - 2-5 years 149,211 179,002
Bank loans more 5 yr by instal - 16,788
208,878 255,457

Amounts falling due in more than five years:

Repayable by instalments
Bank loans more 5 yr by instal - 16,788

REGENT FORMATIONS LIMITED (REGISTERED NUMBER: 07851614)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the year ended 31 December 2023

8. SECURED DEBTS

The following secured debts are included within creditors:

31.12.23 31.12.22
£    £   
Bank loans 268,545 315,124

The bank loan is secured by a debenture over the company's assets, cross guarantee given by subsidiary company and charges over Keyman life assurance policies.

9. ULTIMATE CONTROLLING PARTY

There is no ultimate controlling party.