Caseware UK (AP4) 2023.0.135 2023.0.135 true52023-04-01falseNo description of principal activityThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.5falsefalse 12516581 2023-04-01 2024-03-31 12516581 2022-04-01 2023-03-31 12516581 2024-03-31 12516581 2023-03-31 12516581 c:Director3 2023-04-01 2024-03-31 12516581 d:CurrentFinancialInstruments 2024-03-31 12516581 d:CurrentFinancialInstruments 2023-03-31 12516581 d:ShareCapital 2024-03-31 12516581 d:ShareCapital 2023-03-31 12516581 d:RetainedEarningsAccumulatedLosses 2024-03-31 12516581 d:RetainedEarningsAccumulatedLosses 2023-03-31 12516581 c:EntityNoLongerTradingButTradedInPast 2023-04-01 2024-03-31 12516581 c:FRS102 2023-04-01 2024-03-31 12516581 c:AuditExempt-NoAccountantsReport 2023-04-01 2024-03-31 12516581 c:FullAccounts 2023-04-01 2024-03-31 12516581 c:PrivateLimitedCompanyLtd 2023-04-01 2024-03-31 12516581 2 2023-04-01 2024-03-31 12516581 e:PoundSterling 2023-04-01 2024-03-31 iso4217:GBP xbrli:pure

Registered number: 12516581









Regital Limited







Unaudited

Financial statements

Information for filing with the registrar

For the Year Ended 31 March 2024

 
Regital Limited
Registered number: 12516581

Balance Sheet
As at 31 March 2024

2024
2023
Note
£
£

  

Current assets
  

Debtors: amounts falling due within one year
 4 
255,695
255,695

Total assets less current liabilities
  
 
 
255,695
 
 
255,695

  

Net assets
  
255,695
255,695


Capital and reserves
  

Called up share capital 
  
200
200

Profit and loss account
  
255,495
255,495

  
255,695
255,695


The directors consider that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared 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 financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The Company has opted not to file the statement of income and retained earnings in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf by: 




M Vint
Director

Date: 10 October 2024

The notes on pages 2 to 3 form part of these financial statements.

Page 1

 
Regital Limited
 
 
 
Notes to the Financial Statements
For the Year Ended 31 March 2024

1.


General information

Regital Limited is a private company limited by shares and incorporated in England and Wales, registed number 12516581. The address of the registered office is 100 Embankment Cathedral Approach, Manchester, M3 7FA.

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The following principal accounting policies have been applied:

 
2.2

Revenue

Revenue is recognised to the extent that it is probable that the economic benefits will flow to the Company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before revenue is recognised:

Rendering of services

Revenue from a contract to provide services is recognised in the period in which the services are provided in accordance with the stage of completion of the contract when all of the following conditions are satisfied:
the amount of revenue can be measured reliably;
it is probable that the Company will receive the consideration due under the contract;
the stage of completion of the contract at the end of the reporting period can be measured reliably; and
the costs incurred and the costs to complete the contract can be measured reliably.

 
2.3

Interest income

Interest income is recognised in profit or loss using the effective interest method.

 
2.4

Taxation

Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the balance sheet date in the countries where the Company operates and generates income.

 
2.5

Debtors

Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

Page 2

 
Regital Limited
 
 
 
Notes to the Financial Statements
For the Year Ended 31 March 2024

3.


Employees

The average monthly number of employees, including directors, during the year was 5 (2023 -5).


4.


Debtors

2024
2023
£
£


Amounts owed by group undertakings
255,695
255,695



5.


Controlling party

Skyrise Intelligence Limited is the immediate and ultimate parent of the company. Skyrise Intelligence Limited has company number 07581261 and its registered office is 100 Embankment, Cathedral Approach, Manchester, Greater Manchester, M3 7FA.
Skyrise Intelligence Limited is controlled by I Vint and M Vint, by virtue of their shareholding in the company.

 
Page 3