REGAL MANDARIN LIMITED

Company Registration Number:
01905513 (England and Wales)

Unaudited abridged accounts for the year ended 30 April 2024

Period of accounts

Start date: 01 May 2023

End date: 30 April 2024

REGAL MANDARIN LIMITED

Contents of the Financial Statements

for the Period Ended 30 April 2024

Balance sheet
Notes

REGAL MANDARIN LIMITED

Balance sheet

As at 30 April 2024


Notes

2024

2023


£

£
Fixed assets
Intangible assets: 3 1 1
Tangible assets: 4 66,962 859,839
Total fixed assets: 66,963 859,840
Current assets
Stocks: 21,500 40,500
Debtors: 5 19,293 80,524
Cash at bank and in hand: 486,302
Total current assets: 527,095 121,024
Creditors: amounts falling due within one year: 6 (448,325) (242,650)
Net current assets (liabilities): 78,770 (121,626)
Total assets less current liabilities: 145,733 738,214
Creditors: amounts falling due after more than one year: 7 (69,749) (975,787)
Total net assets (liabilities): 75,984 (237,573)
Capital and reserves
Called up share capital: 100 100
Profit and loss account: 75,884 (237,673)
Shareholders funds: 75,984 (237,573)

The notes form part of these financial statements

REGAL MANDARIN LIMITED

Balance sheet statements

For the year ending 30 April 2024 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 29 November 2024
and signed on behalf of the board by:

Name: PKC Yeung
Status: Director

The notes form part of these financial statements

REGAL MANDARIN LIMITED

Notes to the Financial Statements

for the Period Ended 30 April 2024

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

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. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.

Tangible fixed assets and depreciation policy

Leasehold land and buildings over terms of lease Plants and machinery 25% reducing balance basis Fixtures and fittings 25% reducing balance basis

Intangible fixed assets and amortisation policy

Intangible fixed assets are measured at cost less accumulative amortisation and any accumulative impairment losses.

REGAL MANDARIN LIMITED

Notes to the Financial Statements

for the Period Ended 30 April 2024

2. Employees

2024 2023
Average number of employees during the period 12 10

REGAL MANDARIN LIMITED

Notes to the Financial Statements

for the Period Ended 30 April 2024

3. Intangible Assets

Total
Cost £
At 01 May 2023 13,501
At 30 April 2024 13,501
Amortisation
At 01 May 2023 13,500
At 30 April 2024 13,500
Net book value
At 30 April 2024 1
At 30 April 2023 1

REGAL MANDARIN LIMITED

Notes to the Financial Statements

for the Period Ended 30 April 2024

4. Tangible Assets

Total
Cost £
At 01 May 2023 1,254,963
Disposals (768,231)
At 30 April 2024 486,732
Depreciation
At 01 May 2023 395,124
Charge for year 24,646
At 30 April 2024 419,770
Net book value
At 30 April 2024 66,962
At 30 April 2023 859,839

REGAL MANDARIN LIMITED

Notes to the Financial Statements

for the Period Ended 30 April 2024

5. Debtors

2024 2023
££
Debtors due after more than one year: 0 0

REGAL MANDARIN LIMITED

Notes to the Financial Statements

for the Period Ended 30 April 2024

6. Creditors: amounts falling due within one year note

Bank loans and overdrafts 0 Trade creditors 263,333 Other taxes and social security costs 141,361 Other creditors 43,631 TOTAL448,325

REGAL MANDARIN LIMITED

Notes to the Financial Statements

for the Period Ended 30 April 2024

7. Creditors: amounts falling due after more than one year note

Amounts due to group undertakings 69749