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REGISTERED NUMBER: 14910353 (England and Wales)











Financial Statements

for the period

2 June 2023 to 31 December 2023

for

Regal Vacation UK Holdings Ltd

Regal Vacation UK Holdings Ltd (Registered number: 14910353)






Contents of the Financial Statements
for the period 2 June 2023 to 31 December 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


Regal Vacation UK Holdings Ltd

Company Information
for the period 2 June 2023 to 31 December 2023







DIRECTORS: G M Knowles
R F Laycock





REGISTERED OFFICE: Warden House
37 Manor Road
Colchester
CO3 3LX





REGISTERED NUMBER: 14910353 (England and Wales)





AUDITORS: Tile & Co
Warden House
37 Manor Road
Colchester
Essex
CO3 3LX

Regal Vacation UK Holdings Ltd (Registered number: 14910353)

Balance Sheet
31 December 2023

Notes £    £   
FIXED ASSETS
Tangible assets 4 3,939,171

CURRENT ASSETS
Debtors 5 700
Cash at bank 200,000
200,700
CREDITORS
Amounts falling due within one year 6 193,574
NET CURRENT ASSETS 7,126
TOTAL ASSETS LESS CURRENT
LIABILITIES

3,946,297

CAPITAL AND RESERVES
Called up share capital 3,951,940
Retained earnings (5,643 )
3,946,297

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 15 October 2024 and were signed on its behalf by:





R F Laycock - Director


Regal Vacation UK Holdings Ltd (Registered number: 14910353)

Notes to the Financial Statements
for the period 2 June 2023 to 31 December 2023

1. STATUTORY INFORMATION

Regal Vacation UK Holdings 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.

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


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.

Related party exemption
The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

Tangible fixed assets
Depreciation has not been provided on land and buildings as there is a significant ongoing schedule of maintenance such that the residual value is not expected to fall below cost.
Buildings are subject to a periodic impairment reviews to ensure this policy remains applicable.

Financial instruments
Basic financial instruments are recognised at amortised cost, except for investments in non-convertible preference and non-puttable ordinary shares which are measured at fair value, with changes recognised in profit or loss. Derivative financial instruments are initially recorded at cost and thereafter at fair value with changes recognised in profit or loss.

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 NIL.

Regal Vacation UK Holdings Ltd (Registered number: 14910353)

Notes to the Financial Statements - continued
for the period 2 June 2023 to 31 December 2023

4. TANGIBLE FIXED ASSETS
Land and
buildings
£   
COST
Additions 3,939,171
At 31 December 2023 3,939,171
NET BOOK VALUE
At 31 December 2023 3,939,171

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
£   
Other debtors 700

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
£   
Trade creditors 4,200
Amounts owed to group undertakings 10,299
Other creditors 179,075
193,574

7. DISCLOSURE UNDER SECTION 444(5B) OF THE COMPANIES ACT 2006

The Report of the Auditors was unqualified.

J G Wyncoll (Senior Statutory Auditor)
for and on behalf of Tile & Co

8. RELATED PARTY DISCLOSURES

The Parent company who draws up consolidated financial statements is:

Name: Karma Asset Holdings Pte Ltd
Address: 160 Robinson Road, # 18-07 Singapore, 068914