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REGISTERED NUMBER: 10974609 (England and Wales)









UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED

30 SEPTEMBER 2024

FOR

REGENCY TWO LTD

REGENCY TWO LTD (REGISTERED NUMBER: 10974609)






CONTENTS OF THE FINANCIAL STATEMENTS
for the year ended 30 September 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


REGENCY TWO LTD

COMPANY INFORMATION
for the year ended 30 September 2024







DIRECTORS: S Leung
A Morris





REGISTERED OFFICE: 11 Radinden Drive
Hove
Sussex
BN3 6LB





REGISTERED NUMBER: 10974609 (England and Wales)





ACCOUNTANTS: the dt group
Chartered Accountants
Swatton Barn
Badbury
Swindon
Wiltshire
SN4 0EU

REGENCY TWO LTD (REGISTERED NUMBER: 10974609)

BALANCE SHEET
30 September 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 975,755 975,755

CURRENT ASSETS
Debtors 5 41,168 44,971
Cash at bank 9,398 9,584
50,566 54,555
CREDITORS
Amounts falling due within one year 6 28,232 27,335
NET CURRENT ASSETS 22,334 27,220
TOTAL ASSETS LESS CURRENT
LIABILITIES

998,089

1,002,975

CREDITORS
Amounts falling due after more than one
year

7

1,127,196

1,146,506
NET LIABILITIES (129,107 ) (143,531 )

CAPITAL AND RESERVES
Called up share capital 2 2
Retained earnings (129,109 ) (143,533 )
SHAREHOLDERS' FUNDS (129,107 ) (143,531 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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.

REGENCY TWO LTD (REGISTERED NUMBER: 10974609)

BALANCE SHEET - continued
30 September 2024


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 19 February 2025 and were signed on its behalf by:





S Leung - Director


REGENCY TWO LTD (REGISTERED NUMBER: 10974609)

NOTES TO THE FINANCIAL STATEMENTS
for the year ended 30 September 2024

1. STATUTORY INFORMATION

Regency Two 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.

The directors have assessed the company's future projections and cash flow forecasts and believe that the going concern basis of preparation remains appropriate.

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

TANGIBLE FIXED ASSETS
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

TAXATION
Taxation for the year 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 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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2023 - 2 ) .

REGENCY TWO LTD (REGISTERED NUMBER: 10974609)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the year ended 30 September 2024

4. TANGIBLE FIXED ASSETS
Plant and
Land and machinery
buildings etc Totals
£    £    £   
COST
At 1 October 2023
and 30 September 2024 871,259 104,496 975,755
NET BOOK VALUE
At 30 September 2024 871,259 104,496 975,755
At 30 September 2023 871,259 104,496 975,755

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Other debtors 41,168 44,971

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts 10,316 10,059
Other creditors 17,916 17,276
28,232 27,335

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2024 2023
£    £   
Bank loans 899,008 909,318
Other creditors 228,188 237,188
1,127,196 1,146,506

Amounts falling due in more than five years:

Repayable otherwise than by instalments
Bank loans 891,104 891,104

8. SECURED DEBTS

The following secured debts are included within creditors:

2024 2023
£    £   
Bank Loan 891,104 891,104

There is a charge on the companies freehold properties dated 24 January 2020.

REGENCY TWO LTD (REGISTERED NUMBER: 10974609)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the year ended 30 September 2024

9. RELATED PARTY DISCLOSURES

Unless otherwise disclosed, all related party transactions have been conducted under normal market
conditions, including dividend payments to it's shareholders.

Included in other creditors is £228,188 (2023 £237,188) owed to one of the participators. No interest is currently being charged on this loan.

10. GOING CONCERN

The directors have assessed the company's future projections and cash flow forecasts and believe that the going concern basis of preparation remains appropriate.