2023-07-012024-06-302024-06-30false05485195REGENT PROJECTS LIMITED2025-03-2643390falseiso4217:GBPxbrli:pure054851952023-07-01054851952024-06-30054851952023-07-012024-06-30054851952022-07-01054851952023-06-30054851952022-07-012023-06-3005485195bus:SmallEntities2023-07-012024-06-3005485195bus:AuditExempt-NoAccountantsReport2023-07-012024-06-3005485195bus:FullAccounts2023-07-012024-06-3005485195bus:PrivateLimitedCompanyLtd2023-07-012024-06-3005485195core:WithinOneYear2024-06-3005485195core:AfterOneYear2024-06-3005485195core:WithinOneYear2023-06-3005485195core:AfterOneYear2023-06-3005485195core:ShareCapital2024-06-3005485195core:SharePremium2024-06-3005485195core:RevaluationReserve2024-06-3005485195core:OtherReservesSubtotal2024-06-3005485195core:RetainedEarningsAccumulatedLosses2024-06-3005485195core:ShareCapital2023-06-3005485195core:SharePremium2023-06-3005485195core:RevaluationReserve2023-06-3005485195core:OtherReservesSubtotal2023-06-3005485195core:RetainedEarningsAccumulatedLosses2023-06-3005485195core:LandBuildings2024-06-3005485195core:PlantMachinery2024-06-3005485195core:Vehicles2024-06-3005485195core:FurnitureFittings2024-06-3005485195core:OfficeEquipment2024-06-3005485195core:NetGoodwill2024-06-3005485195core:IntangibleAssetsOtherThanGoodwill2024-06-3005485195core:ListedExchangeTraded2024-06-3005485195core:UnlistedNon-exchangeTraded2024-06-3005485195core:LandBuildings2023-06-3005485195core:PlantMachinery2023-06-3005485195core:Vehicles2023-06-3005485195core:FurnitureFittings2023-06-3005485195core:OfficeEquipment2023-06-3005485195core:NetGoodwill2023-06-3005485195core:IntangibleAssetsOtherThanGoodwill2023-06-3005485195core:ListedExchangeTraded2023-06-3005485195core:UnlistedNon-exchangeTraded2023-06-3005485195core:LandBuildings2023-07-012024-06-3005485195core:PlantMachinery2023-07-012024-06-3005485195core:Vehicles2023-07-012024-06-3005485195core:FurnitureFittings2023-07-012024-06-3005485195core:OfficeEquipment2023-07-012024-06-3005485195core:NetGoodwill2023-07-012024-06-3005485195core:IntangibleAssetsOtherThanGoodwill2023-07-012024-06-3005485195core:ListedExchangeTraded2023-07-012024-06-3005485195core:UnlistedNon-exchangeTraded2023-07-012024-06-3005485195core:MoreThanFiveYears2023-07-012024-06-3005485195core:Non-currentFinancialInstruments2024-06-3005485195core:Non-currentFinancialInstruments2023-06-3005485195dpl:CostSales2023-07-012024-06-3005485195dpl:DistributionCosts2023-07-012024-06-3005485195core:LandBuildings2023-07-012024-06-3005485195core:PlantMachinery2023-07-012024-06-3005485195core:Vehicles2023-07-012024-06-3005485195core:FurnitureFittings2023-07-012024-06-3005485195core:OfficeEquipment2023-07-012024-06-3005485195dpl:AdministrativeExpenses2023-07-012024-06-3005485195core:NetGoodwill2023-07-012024-06-3005485195core:IntangibleAssetsOtherThanGoodwill2023-07-012024-06-3005485195dpl:GroupUndertakings2023-07-012024-06-3005485195dpl:ParticipatingInterests2023-07-012024-06-3005485195dpl:GroupUndertakingscore:ListedExchangeTraded2023-07-012024-06-3005485195core:ListedExchangeTraded2023-07-012024-06-3005485195dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2023-07-012024-06-3005485195core:UnlistedNon-exchangeTraded2023-07-012024-06-3005485195dpl:CostSales2022-07-012023-06-3005485195dpl:DistributionCosts2022-07-012023-06-3005485195core:LandBuildings2022-07-012023-06-3005485195core:PlantMachinery2022-07-012023-06-3005485195core:Vehicles2022-07-012023-06-3005485195core:FurnitureFittings2022-07-012023-06-3005485195core:OfficeEquipment2022-07-012023-06-3005485195dpl:AdministrativeExpenses2022-07-012023-06-3005485195core:NetGoodwill2022-07-012023-06-3005485195core:IntangibleAssetsOtherThanGoodwill2022-07-012023-06-3005485195dpl:GroupUndertakings2022-07-012023-06-3005485195dpl:ParticipatingInterests2022-07-012023-06-3005485195dpl:GroupUndertakingscore:ListedExchangeTraded2022-07-012023-06-3005485195core:ListedExchangeTraded2022-07-012023-06-3005485195dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2022-07-012023-06-3005485195core:UnlistedNon-exchangeTraded2022-07-012023-06-3005485195core:NetGoodwill2024-06-3005485195core:IntangibleAssetsOtherThanGoodwill2024-06-3005485195core:LandBuildings2024-06-3005485195core:PlantMachinery2024-06-3005485195core:Vehicles2024-06-3005485195core:FurnitureFittings2024-06-3005485195core:OfficeEquipment2024-06-3005485195core:AfterOneYear2024-06-3005485195core:WithinOneYear2024-06-3005485195core:ListedExchangeTraded2024-06-3005485195core:UnlistedNon-exchangeTraded2024-06-3005485195core:ShareCapital2024-06-3005485195core:SharePremium2024-06-3005485195core:RevaluationReserve2024-06-3005485195core:OtherReservesSubtotal2024-06-3005485195core:RetainedEarningsAccumulatedLosses2024-06-3005485195core:NetGoodwill2023-06-3005485195core:IntangibleAssetsOtherThanGoodwill2023-06-3005485195core:LandBuildings2023-06-3005485195core:PlantMachinery2023-06-3005485195core:Vehicles2023-06-3005485195core:FurnitureFittings2023-06-3005485195core:OfficeEquipment2023-06-3005485195core:AfterOneYear2023-06-3005485195core:WithinOneYear2023-06-3005485195core:ListedExchangeTraded2023-06-3005485195core:UnlistedNon-exchangeTraded2023-06-3005485195core:ShareCapital2023-06-3005485195core:SharePremium2023-06-3005485195core:RevaluationReserve2023-06-3005485195core:OtherReservesSubtotal2023-06-3005485195core:RetainedEarningsAccumulatedLosses2023-06-3005485195core:NetGoodwill2022-07-0105485195core:IntangibleAssetsOtherThanGoodwill2022-07-0105485195core:LandBuildings2022-07-0105485195core:PlantMachinery2022-07-0105485195core:Vehicles2022-07-0105485195core:FurnitureFittings2022-07-0105485195core:OfficeEquipment2022-07-0105485195core:AfterOneYear2022-07-0105485195core:WithinOneYear2022-07-0105485195core:ListedExchangeTraded2022-07-0105485195core:UnlistedNon-exchangeTraded2022-07-0105485195core:ShareCapital2022-07-0105485195core:SharePremium2022-07-0105485195core:RevaluationReserve2022-07-0105485195core:OtherReservesSubtotal2022-07-0105485195core:RetainedEarningsAccumulatedLosses2022-07-0105485195core:AfterOneYear2023-07-012024-06-3005485195core:WithinOneYear2023-07-012024-06-3005485195core:Non-currentFinancialInstrumentscore:CostValuation2023-07-012024-06-3005485195core:Non-currentFinancialInstrumentscore:AdditionsToInvestments2023-07-012024-06-3005485195core:Non-currentFinancialInstrumentscore:RevaluationsIncreaseDecreaseInInvestments2023-07-012024-06-3005485195core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInInvestments2023-07-012024-06-3005485195core:Non-currentFinancialInstrumentscore:ProvidedReleasedInPeriodProvisionsForImpairmentInvestments2023-07-012024-06-3005485195core:Non-currentFinancialInstrumentscore:ImpairmentLossReversalProvisionsForImpairmentInvestments2023-07-012024-06-3005485195core:Non-currentFinancialInstrumentscore:AcquisitionsIncreaseInProvisionsForImpairmentInvestments2023-07-012024-06-3005485195core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInProvisionsForImpairmentInvestments2023-07-012024-06-3005485195core:Non-currentFinancialInstrumentscore:OtherIncreaseDecreaseInProvisionsForImpairmentInvestments2023-07-012024-06-3005485195core:Non-currentFinancialInstrumentscore:CostValuation2024-06-3005485195core:Non-currentFinancialInstrumentscore:AdditionsToInvestments2024-06-3005485195core:Non-currentFinancialInstrumentscore:RevaluationsIncreaseDecreaseInInvestments2024-06-3005485195core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInInvestments2024-06-3005485195core:Non-currentFinancialInstrumentscore:ProvidedReleasedInPeriodProvisionsForImpairmentInvestments2024-06-3005485195core:Non-currentFinancialInstrumentscore:ImpairmentLossReversalProvisionsForImpairmentInvestments2024-06-3005485195core:Non-currentFinancialInstrumentscore:AcquisitionsIncreaseInProvisionsForImpairmentInvestments2024-06-3005485195core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInProvisionsForImpairmentInvestments2024-06-3005485195core:Non-currentFinancialInstrumentscore:OtherIncreaseDecreaseInProvisionsForImpairmentInvestments2024-06-3005485195core:Non-currentFinancialInstrumentscore:CostValuation2023-06-3005485195core:Non-currentFinancialInstrumentscore:AdditionsToInvestments2023-06-3005485195core:Non-currentFinancialInstrumentscore:RevaluationsIncreaseDecreaseInInvestments2023-06-3005485195core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInInvestments2023-06-3005485195core:Non-currentFinancialInstrumentscore:ProvidedReleasedInPeriodProvisionsForImpairmentInvestments2023-06-3005485195core:Non-currentFinancialInstrumentscore:ImpairmentLossReversalProvisionsForImpairmentInvestments2023-06-3005485195core:Non-currentFinancialInstrumentscore:AcquisitionsIncreaseInProvisionsForImpairmentInvestments2023-06-3005485195core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInProvisionsForImpairmentInvestments2023-06-3005485195core:Non-currentFinancialInstrumentscore:OtherIncreaseDecreaseInProvisionsForImpairmentInvestments2023-06-3005485195bus:Director12023-07-012024-06-3005485195core:FurnitureFittingsToolsEquipment2023-06-3005485195core:FurnitureFittingsToolsEquipment2023-07-012024-06-3005485195core:FurnitureFittingsToolsEquipment2024-06-30054851951bus:Director12023-07-01054851951bus:Director12023-07-012024-06-30054851951bus:Director12024-06-30054851952023-07-01054851952023-07-012024-06-30054851952024-06-30

REGENT PROJECTS LIMITED

Registered Number
05485195
(England and Wales)

Unaudited Financial Statements for the Year ended
30 June 2024

REGENT PROJECTS LIMITED
Company Information
for the year from 1 July 2023 to 30 June 2024

Director

Mr MJ Evans

Company Secretary

LEWIS, Victoria

Registered Address

Saffron Lodge Rickmansworth Road
Chorleywood
Rickmansworth
WD3 5SQ

Registered Number

05485195 (England and Wales)
REGENT PROJECTS LIMITED
Balance Sheet as at
30 June 2024

Notes

2024

2023

£

£

£

£

Fixed assets
Tangible assets357,30416,650
57,30416,650
Current assets
Stocks420,00020,000
Debtors107,416184,477
Cash at bank and on hand17,059
127,417211,536
Creditors amounts falling due within one year5(319,433)(288,057)
Net current assets (liabilities)(192,016)(76,521)
Total assets less current liabilities(134,712)(59,871)
Creditors amounts falling due after one year6(64,884)(90,000)
Net assets(199,596)(149,871)
Capital and reserves
Called up share capital22
Profit and loss account(199,598)(149,873)
Shareholders' funds(199,596)(149,871)
The financial statements were approved and authorised for issue by the Director on 26 March 2025, and are signed on its behalf by:
Mr MJ Evans
Director
Registered Company No. 05485195
REGENT PROJECTS LIMITED
Notes to the Financial Statements
for the year ended 30 June 2024

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.
Statement of compliance
The financial statements have been prepared in compliance with FRS 102 Section 1A as it applies to the financial statements for the period and there were no material departures from the reporting standard.
Revenue from sale of goods
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.
Employee benefits
Contributions to defined contribution plans are expensed in the period to which they relate.
Foreign currency translation
Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.
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.
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 (%)
Plant and machinery25
Fixtures and fittings25
Vehicles25
Office Equipment25
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.
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).
Trade and other debtors
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.
2.Average number of employees

20242023
Average number of employees during the year11
3.Tangible fixed assets

Plant & machinery

Vehicles

Fixtures & fittings

Office Equipment

Total

£££££
Cost or valuation
At 01 July 2337,730-3,01517,90158,646
Additions-46,025--46,025
At 30 June 2437,73046,0253,01517,901104,671
Depreciation and impairment
At 01 July 2325,749-2,57513,67241,996
Charge for year3,2469591101,0565,371
At 30 June 2428,9959592,68514,72847,367
Net book value
At 30 June 248,73545,0663303,17357,304
At 30 June 2311,981-4404,22916,650
4.Stocks

2024

2023

££
Work in progress20,00020,000
Total20,00020,000
5.Creditors: amounts due within one year

2024

2023

££
Trade creditors / trade payables49,98776,150
Bank borrowings and overdrafts21,590-
Taxation and social security64,29192,547
Finance lease and HP contracts-314
Other creditors183,565119,046
Total319,433288,057
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.
6.Creditors: amounts due after one year

2024

2023

££
Bank borrowings and overdrafts64,88490,000
Total64,88490,000
7.Obligations under finance leases
8.Provisions for liabilities
9.Directors advances, credits and guarantees

Brought forward

Amount advanced

Amount repaid

Carried forward

££££
Mr MJ Evans0183,56421,750161,814
0183,56421,750161,814
During the year Director Mr MJ Evans was advanced a loan of £161,814