2022-11-012023-10-312023-10-31false06900336Regis Water Heating Limited2024-07-26iso4217:GBPxbrli:pure069003362022-11-01069003362023-10-31069003362022-11-012023-10-31069003362021-11-01069003362022-10-31069003362021-11-012022-10-3106900336bus:SmallEntities2022-11-012023-10-3106900336bus:AuditExempt-NoAccountantsReport2022-11-012023-10-3106900336bus:AbridgedAccounts2022-11-012023-10-3106900336bus:PrivateLimitedCompanyLtd2022-11-012023-10-3106900336core:WithinOneYear2023-10-3106900336core:AfterOneYear2023-10-3106900336core:WithinOneYear2022-10-3106900336core:AfterOneYear2022-10-3106900336core:ShareCapital2023-10-3106900336core:SharePremium2023-10-3106900336core:RevaluationReserve2023-10-3106900336core:OtherReservesSubtotal2023-10-3106900336core:RetainedEarningsAccumulatedLosses2023-10-3106900336core:ShareCapital2022-10-3106900336core:SharePremium2022-10-3106900336core:RevaluationReserve2022-10-3106900336core:OtherReservesSubtotal2022-10-3106900336core:RetainedEarningsAccumulatedLosses2022-10-3106900336core:LandBuildings2023-10-3106900336core:PlantMachinery2023-10-3106900336core:Vehicles2023-10-3106900336core:FurnitureFittings2023-10-3106900336core:OfficeEquipment2023-10-3106900336core:NetGoodwill2023-10-3106900336core:IntangibleAssetsOtherThanGoodwill2023-10-3106900336core:ListedExchangeTraded2023-10-3106900336core:UnlistedNon-exchangeTraded2023-10-3106900336core:LandBuildings2022-10-3106900336core:PlantMachinery2022-10-3106900336core:Vehicles2022-10-3106900336core:FurnitureFittings2022-10-3106900336core:OfficeEquipment2022-10-3106900336core:NetGoodwill2022-10-3106900336core:IntangibleAssetsOtherThanGoodwill2022-10-3106900336core:ListedExchangeTraded2022-10-3106900336core:UnlistedNon-exchangeTraded2022-10-3106900336core:LandBuildings2022-11-012023-10-3106900336core:PlantMachinery2022-11-012023-10-3106900336core:Vehicles2022-11-012023-10-3106900336core:FurnitureFittings2022-11-012023-10-3106900336core:OfficeEquipment2022-11-012023-10-3106900336core:NetGoodwill2022-11-012023-10-3106900336core:IntangibleAssetsOtherThanGoodwill2022-11-012023-10-3106900336core:ListedExchangeTraded2022-11-012023-10-3106900336core:UnlistedNon-exchangeTraded2022-11-012023-10-3106900336core:MoreThanFiveYears2022-11-012023-10-3106900336core:Non-currentFinancialInstruments2023-10-3106900336core:Non-currentFinancialInstruments2022-10-3106900336dpl:CostSales2022-11-012023-10-3106900336dpl:DistributionCosts2022-11-012023-10-3106900336core:LandBuildings2022-11-012023-10-3106900336core:PlantMachinery2022-11-012023-10-3106900336core:Vehicles2022-11-012023-10-3106900336core:FurnitureFittings2022-11-012023-10-3106900336core:OfficeEquipment2022-11-012023-10-3106900336dpl:AdministrativeExpenses2022-11-012023-10-3106900336core:NetGoodwill2022-11-012023-10-3106900336core:IntangibleAssetsOtherThanGoodwill2022-11-012023-10-3106900336dpl:GroupUndertakings2022-11-012023-10-3106900336dpl:ParticipatingInterests2022-11-012023-10-3106900336dpl:GroupUndertakingscore:ListedExchangeTraded2022-11-012023-10-3106900336core:ListedExchangeTraded2022-11-012023-10-3106900336dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2022-11-012023-10-3106900336core:UnlistedNon-exchangeTraded2022-11-012023-10-3106900336dpl:CostSales2021-11-012022-10-3106900336dpl:DistributionCosts2021-11-012022-10-3106900336core:LandBuildings2021-11-012022-10-3106900336core:PlantMachinery2021-11-012022-10-3106900336core:Vehicles2021-11-012022-10-3106900336core:FurnitureFittings2021-11-012022-10-3106900336core:OfficeEquipment2021-11-012022-10-3106900336dpl:AdministrativeExpenses2021-11-012022-10-3106900336core:NetGoodwill2021-11-012022-10-3106900336core:IntangibleAssetsOtherThanGoodwill2021-11-012022-10-3106900336dpl:GroupUndertakings2021-11-012022-10-3106900336dpl:ParticipatingInterests2021-11-012022-10-3106900336dpl:GroupUndertakingscore:ListedExchangeTraded2021-11-012022-10-3106900336core:ListedExchangeTraded2021-11-012022-10-3106900336dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2021-11-012022-10-3106900336core:UnlistedNon-exchangeTraded2021-11-012022-10-3106900336core:NetGoodwill2023-10-3106900336core:IntangibleAssetsOtherThanGoodwill2023-10-3106900336core:LandBuildings2023-10-3106900336core:PlantMachinery2023-10-3106900336core:Vehicles2023-10-3106900336core:FurnitureFittings2023-10-3106900336core:OfficeEquipment2023-10-3106900336core:AfterOneYear2023-10-3106900336core:WithinOneYear2023-10-3106900336core:ListedExchangeTraded2023-10-3106900336core:UnlistedNon-exchangeTraded2023-10-3106900336core:ShareCapital2023-10-3106900336core:SharePremium2023-10-3106900336core:RevaluationReserve2023-10-3106900336core:OtherReservesSubtotal2023-10-3106900336core:RetainedEarningsAccumulatedLosses2023-10-3106900336core:NetGoodwill2022-10-3106900336core:IntangibleAssetsOtherThanGoodwill2022-10-3106900336core:LandBuildings2022-10-3106900336core:PlantMachinery2022-10-3106900336core:Vehicles2022-10-3106900336core:FurnitureFittings2022-10-3106900336core:OfficeEquipment2022-10-3106900336core:AfterOneYear2022-10-3106900336core:WithinOneYear2022-10-3106900336core:Listed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Regis Water Heating Limited

Registered Number
06900336
(England and Wales)

Unaudited Financial Statements for the Year ended
31 October 2023

Regis Water Heating Limited
Company Information
for the year from 1 November 2022 to 31 October 2023

Director

Harry Budd

Registered Address

2 Dukes Court
Bognor Road
Chichester
PO19 8FX

Registered Number

06900336 (England and Wales)
Regis Water Heating Limited
Balance Sheet as at
31 October 2023

Notes

2023

2022

£

£

£

£

Fixed assets
Tangible assets49,2352,334
9,2352,334
Current assets
Stocks3003,785
Debtors25,80719,863
Cash at bank and on hand44,41643,774
70,52367,422
Creditors amounts falling due within one year(68,814)(57,886)
Net current assets (liabilities)1,7099,536
Total assets less current liabilities10,94411,870
Creditors amounts falling due after one year(9,167)(14,167)
Provisions for liabilities(1,755)(444)
Net assets22(2,741)
Capital and reserves
Called up share capital11
Other reserves11
Profit and loss account20(2,743)
Shareholders' funds22(2,741)
The financial statements were approved and authorised for issue by the Director on 26 July 2024, and are signed on its behalf by:
Harry Budd
Director
Registered Company No. 06900336
Regis Water Heating Limited
Notes to the Financial Statements
for the year ended 31 October 2023

1.Accounting policies
Statutory information
The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.
Basis of preparation
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, the financial reporting standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).
Turnover policy
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services.
Employee benefits
Contributions to defined contribution plans are expensed in the period to which they relate.
Defined contribution pension plan
Contributions to defined contribution plans are expensed in the period to which they relate.
Current taxation
Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.
Deferred tax
Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.
Intangible assets
Goodwill, being the amount paid in connection with the acquisition of a business in 2011, is being amortised evenly over its estimated useful life of four years.
Tangible fixed assets and depreciation
Tangible fixed assets are stated at cost or valuation less depreciation. Depreciation is provided on all tangible fixed assets as follows:

Reducing balance (%)Straight line (years)
Plant and machinery25-
Office Equipment-4
Finance leases and hire purchase contracts
Assets held under finance leases which are leases where substantially all the risks and rewards of ownership of the asset have passed to the company, and hire purchase contracts are capitalised in the balance sheet. They are depreciated over the shorter of their useful lives or the term of the lease. The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.
Stocks and work in progress
Inventories are valued at the lower of cost and estimated selling price (less any associated costs to enable such sales to complete).
2.Average number of employees

20232022
Average number of employees during the year22
3.Intangible assets

Total

£
Cost or valuation
At 01 November 221,300
At 31 October 231,300
Amortisation and impairment
At 01 November 221,300
At 31 October 231,300
Net book value
At 31 October 23-
At 31 October 22-
4.Tangible fixed assets

Total

£
Cost or valuation
At 01 November 2229,601
Additions7,798
At 31 October 2337,399
Depreciation and impairment
At 01 November 2227,267
Charge for year897
At 31 October 2328,163
Net book value
At 31 October 239,235
At 31 October 222,334
5.Directors advances, credits and guarantees

Brought forward

Amount advanced

Amount repaid

Carried forward

££££
Harry Budd6,09332,94136,9622,072
6,09332,94136,9622,072