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REGISTERED NUMBER: 11086098 (England and Wales)















Unaudited Financial Statements

for the Year Ended 29 November 2023

for

REGGIE PROPERTIES LIMITED

REGGIE PROPERTIES LIMITED (REGISTERED NUMBER: 11086098)

Contents of the Financial Statements
for the year ended 29 November 2023










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


REGGIE PROPERTIES LIMITED

Company Information
for the year ended 29 November 2023







Director: Mr J M Thompson





Registered office: Units 3/4, Kerry Avenue
Aveley
Purfleet-on-Thames
South Ockendon
RM15 4YE





Registered number: 11086098 (England and Wales)





Accountants: Duncan & Toplis Limited
3rd Floor, Marlborough House
298 Regents Park Road
Finchley
London
N3 2SZ

REGGIE PROPERTIES LIMITED (REGISTERED NUMBER: 11086098)

Balance Sheet
29 November 2023

2023 2022
(Restated)
Notes £ £ £ £
Fixed assets
Investments 4 2,100 2,100
Investment property 5 6,412,922 6,412,922
6,415,022 6,415,022

Current assets
Cash at bank and in hand 47,808 21,768

Creditors
Amounts falling due within one year 6 1,102,182 1,112,480
Net current liabilities (1,054,374 ) (1,090,712 )
Total assets less current liabilities 5,360,648 5,324,310

Capital and reserves
Called up share capital 8 1 1
Retained earnings 5,360,647 5,324,309
Shareholders' funds 5,360,648 5,324,310

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 29 November 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 29 November 2023 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 Profit and Loss Account has not been delivered.

The financial statements were approved by the director and authorised for issue on 22 April 2024 and were signed by:





Mr J M Thompson - Director


REGGIE PROPERTIES LIMITED (REGISTERED NUMBER: 11086098)

Notes to the Financial Statements
for the year ended 29 November 2023


1. Statutory information

Reggie Properties 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. 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.

Key source of estimation, uncertainty and judgement
The preparation of financial statements in conformity with generally accepted accounting practice requires management to make estimates and judgement that affect the reported amounts of assets and liabilities as well as the disclosure of contingent assets and liabilities at the balance sheet date and the reported amounts of revenues and expenses during the reporting period.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Investments in subsidiaries
Investments in subsidiary undertakings are recognised at cost.

Investment property
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

Financial instruments
Financial assets and financial liabilities are recognised in the balance sheet when the company becomes a party to the contractual provisions of the instrument.

Creditors are classified as basic financial instruments and measured at initial recognition at transaction price. Creditors are subsequently measured at amortised cost using the effective interest rate method.

Cash and cash equivalents are classified as basic financial instruments and comprise cash in hand and at bank.

Financial liabilities and equity instruments issued by the company are classified in accordance with the substance of the contractual arrangements entered into and the definitions of a financial liability and an equity instrument. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities. Equity instruments issued by the company are recorded at the proceeds received, net of direct issue costs.

Taxation
Taxation for the year comprises current tax. Tax is recognised in the Profit and Loss Account, 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.


REGGIE PROPERTIES LIMITED (REGISTERED NUMBER: 11086098)

Notes to the Financial Statements - continued
for the year ended 29 November 2023


2. Accounting policies - continued
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.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

3. Employees and directors

The average number of employees during the year was 1 (2022 - 1 ) .

4. Fixed asset investments
Shares in
group
undertakings
£
Cost
At 30 November 2022
and 29 November 2023 2,100
Net book value
At 29 November 2023 2,100
At 29 November 2022 2,100

5. Investment property
Total
£
Fair value
At 30 November 2022
and 29 November 2023 6,412,922
Net book value
At 29 November 2023 6,412,922
At 29 November 2022 6,412,922

REGGIE PROPERTIES LIMITED (REGISTERED NUMBER: 11086098)

Notes to the Financial Statements - continued
for the year ended 29 November 2023


6. Creditors: amounts falling due within one year
2023 2022
(Restated)
£ £
Trade creditors - 72
Taxation and social security 18,951 8,685
Other creditors 1,083,231 1,103,723
1,102,182 1,112,480

7. Secured debts

The following secured debts are included within creditors:

2023 2022
(Restated)
£ £
Other creditors 952,760 972,989

Other creditors of £952,760 (2022 : £972,989) are secured by way of fixed charges over the company properties.

8. Called up share capital

Allotted, issued and fully paid:
Number: Class: Nominal 2023 2022
value: £ £
1 Ordinary £1 1 1