Company Registration No. 13647051 (England and Wales)
Regatta Strategic Partners Limited
Unaudited accounts
for the year ended 31 March 2024
Regatta Strategic Partners Limited
Unaudited accounts
Contents
Regatta Strategic Partners Limited
Company Information
for the year ended 31 March 2024
Directors
Christon Burrows
John Dobson
Peter Easterbrook
Company Number
13647051 (England and Wales)
Registered Office
47a Broadgates
Market Place
Henley-On-Thames
RG9 2AD
England
Accountants
Balmoral Consultancy Services Limited
Congress House
14 Lyon Road
Harrow
Middlesex
HA1 2EN
Regatta Strategic Partners Limited
Statement of financial position
as at 31 March 2024
Investments
1,146,094
607,665
Cash at bank and in hand
40
40
Creditors: amounts falling due within one year
(1,667,215)
(875,934)
Net current liabilities
(1,601,493)
(822,212)
Net liabilities
(455,399)
(214,547)
Called up share capital
40
40
Profit and loss account
(455,439)
(214,587)
Shareholders' funds
(455,399)
(214,547)
For the year ending 31 March 2024 the company was entitled to exemption from audit 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.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 14 March 2025 and were signed on its behalf by
Christon Burrows
Director
Company Registration No. 13647051
Regatta Strategic Partners Limited
Notes to the Accounts
for the year ended 31 March 2024
Regatta Strategic Partners Limited is a private company, limited by shares, registered in England and Wales, registration number 13647051. The registered office is 47a Broadgates, Market Place, Henley-On-Thames, RG9 2AD, England.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Whilst the company is in a net liabilities position, it retains the support of its shareholders and as such the directors consider it appropriate to prepare the accounts on a going concern basis.
Short term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.
Short term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.
Interest income is recognised in the Statement of income and retained earnings using the effective interest method.
Investments are included at fair value.
4
Investments
Other investments
Valuation at 1 April 2023
607,665
Valuation at 31 March 2024
1,146,094
Regatta Strategic Partners Limited
Notes to the Accounts
for the year ended 31 March 2024
Amounts falling due within one year
Other debtors
65,682
53,682
6
Creditors: amounts falling due within one year
2024
2023
Other creditors
1,665,115
873,834
Allotted, called up and fully paid:
40 Ordinary shares of £1 each
40
40
8
Transactions with related parties
As at the balance sheet the company owed the sum of £1,442,818 (2023:£651,537) to P1 Capital Limited, a company with common directors.
During the year under review the company had no controlling Party.
10
Average number of employees
During the year the average number of employees was 3 (2023: 3).