Regal Land and Developments Limited
Company No. 11992705
Information for Filing with The Registrar
29 May 2024
Regal Land and Developments Limited

Directors Report Registrar
The Director presents his report and the accounts for the year ended 29 May 2024.
Principal activities
The principal activity of the company during the year under review was operating of real estate.
-
Director
The Director who served at any time during the year was as follows:
K.K.Landa
The above report has been prepared in accordance with the provisions applicable to companies subject to the small companies regime as set out in Part 15 of the Companies Act 2006.
Signed on behalf of the board
K.K.Landa
Director
29 May 2024
Regal Land and Developments Limited

Balance Sheet Registrar
at29 May 2024
Company No.11992705Notes20242023
££
Fixed assets
Tangible assets42,8893,465
2,8893,465
Current assets
Debtors579,032120,215
Cash at bank and in hand12,0678,928
91,099129,143
Creditors: Amount falling due within one year6
(12,124)
(72,685)
Net current assets78,97556,458
Total assets less current liabilities81,86459,923
Creditors: Amounts falling due after more than one year7
(11,045)
(13,376)
Net assets70,81946,547
Capital and reserves
Called up share capital22
Profit and loss account870,81746,545
Total equity70,81946,547
These accounts have been prepared in accordance with the special provisions applicable to companies subject to the small companies regime of the Companies Act 2006.
For the year ended 29 May 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 Companies Act 2006 with respect to accounting records and the preparation of accounts.
As permitted by section 444 (5A)of the Companies Act 2006 the directors have not delivered to the Registrar a copy of the company's profit and loss account.
Approved by the board on 29 May 2024 and signed on its behalf by:
K.K.Landa
Director
29 May 2024
Regal Land and Developments Limited

Notes to the Accounts Registrar
for the year ended 29 May 2024
1General information
Regal Land and Developments Limited is a private company limited by shares and incorporated in England and Wales.
Its registered number is: 11992705
Its registered office is:
Barns
Maidstone road
Rochester
Kent
ME1 3QJ
The accounts have been prepared in accordance with FRS 102 Section 1A - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.
2Accounting policies
Turnover
Turnover is measured at the fair value of the consideration received or receivable. Turnover is reduced for estimated customer returns, rebates and other similar allowances. Revenue from the sale of goods is recognised when all the following conditions are satisfied: • the Company has transferred to the buyer the significant risks and rewards of ownership of the goods; • the Company retains neither continuing managerial involvement to the degree usually associated with ownership nor effective control over the goods sold; • the amount of revenue can be measured reliably; • it is probable that the economic benefits associated with the transaction will flow to the Company; and • the costs incurred or to be incurred in respect of the transaction can be measured reliably. Specifically, revenue from the sale of goods is recognised when goods are delivered and legal title is passed.
Taxation
Income tax expense represents the sum of the tax currently payable and deferred tax. The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the profit and loss account because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The Company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period. Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable temporary differences. Deferred tax assets are generally recognised for all deductible timing differences to the extent that it is probable that taxable profits will be available against which those deductible temporary differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered. Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Current or deferred tax for the year is recognised in profit or loss, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case, the current and deferred tax is also recognised in other comprehensive income or directly in equity respectively.
Stocks
Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Costs, which comprise direct production costs, are based on the method most appropriate to the type of inventory class, but usually on a first-in-first-out basis. Overheads are charged to profit or loss as incurred. Net realisable value is based on the estimated selling price less any estimated completion or selling costs. When stocks are sold, the carrying amount of those stocks is recognised as an expense in the period in which the related revenue is recognised. The amount of any write-down of stocks to net realisable value and all losses of stocks are recognised as an expense in the period in which the write-down or loss occurs. The amount of any reversal of any write-down of stocks is recognised as a reduction in the amount of inventories recognised as an expense in the period in which the reversal occurs. Work in progress is reflected in the accounts on a contract by contract basis by recording revenue and related costs as contract activity progresses.
Trade and other debtors
Trade and other debtors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest method, less impairment losses for bad and doubtful debts.
Trade and other creditors
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.
Leased assets
Where the company enters into a lease which entails taking substantially all the risks and rewards of ownership of an asset, the lease is treated as a finance lease. Leases which do not transfer substantially all the risks and rewards of ownership to the Company are classified as operating leases. Assets held under finance leases are initially recognised as assets of the Company at their fair value at the inception of the lease or, if lower, at the present value of the minimum lease payments. The corresponding liability to the lessor is included in the balance sheet date as a finance lease obligation. Lease payments are apportioned between finance expenses and reduction of the lease obligation so as to achieve a constant rate of interest on the remaining balance of the liability. Finance expenses are recognised immediately in profit or loss, unless they are directly attributable to qualifying assets, in which case they are capitalised in accordance with the Company's policy on borrowing costs (see the accounting policy above). Assets held under finance leases are depreciated in the same way as owned assets. Operating lease payments are recognised as an expense on a straight-line basis over the lease term. In the event that lease incentives are received to enter into operating leases, such incentives are recognised as a liability. The aggregate benefit of incentives is recognised as a reduction of rental expense on a straight-line basis.
Provisions
Provisions are made where an event has taken place that gives the Company a legal or constructive obligation that probably requires settlement by a transfer of economic benefit, and a reliable estimate can be made of the amount of the obligation. Provisions are charged as an expense to the profit and loss account in the year that the Company becomes aware of the obligation, and are measured at the best estimate at balance sheet date of the expenditure required to settle the obligation, taking into account relevant risks and uncertainties. When payments are eventually made, they are charged to the provision carried in the balance sheet.
3Employees
20242023
NumberNumber
The average monthly number of employees (including directors) during the year was:54
4Tangible fixed assets
Land and buildingsPlant and machineryMotor vehiclesFixtures, fittings and equipmentTotal
£££££
Cost or revaluation
At 30 May 2023---4,8454,845
At 29 May 2024---4,8454,845
Depreciation
At 30 May 2023---1,3801,380
Charge for the year---576576
At 29 May 2024---1,9561,956
Net book values
At 29 May 2024---2,8892,889
At 29 May 2023---3,4653,465
5Debtors
20242023
££
Trade debtors79,032120,215
79,032120,215
6Creditors:
amounts falling due within one year
20242023
££
Trade creditors-1
Taxes and social security5,82910,433
Other creditors6,29562,251
12,12472,685
7Creditors:
amounts falling due after more than one year
20242023
££
Bank loans and overdrafts11,04513,376
11,04513,376
8Reserves
Profit and loss account - includes all current and prior period retained profits and losses.
Regal Land and Developments Limited1199270529 May 202430 May 2023false29 May 2024BTCSoftware AP Solution 2022 9.4.039.4.03119927052023-05-302024-05-29119927052024-05-2911992705bus:Director12023-05-302024-05-29119927052023-05-2911992705core:WithinOneYear2024-05-2911992705core:WithinOneYear2023-05-2911992705core:AfterOneYear2024-05-2911992705core:AfterOneYear2023-05-2911992705core:ShareCapital2024-05-2911992705core:ShareCapital2023-05-2911992705core:RetainedEarningsAccumulatedLosses2024-05-2911992705core:RetainedEarningsAccumulatedLosses2023-05-2911992705countries:UnitedKingdom2023-05-302024-05-2911992705bus:RegisteredOffice2023-05-302024-05-29119927052022-05-302023-05-2911992705core:LandBuildings2023-05-3011992705core:PlantMachinery2023-05-3011992705core:MotorVehicles2023-05-3011992705core:FurnitureFittingsToolsEquipment2023-05-30119927052023-05-3011992705core:LandBuildings2024-05-2911992705core:PlantMachinery2024-05-2911992705core:MotorVehicles2024-05-2911992705core:FurnitureFittingsToolsEquipment2024-05-2911992705core:LandBuildings2023-05-302024-05-2911992705core:PlantMachinery2023-05-302024-05-2911992705core:MotorVehicles2023-05-302024-05-2911992705core:FurnitureFittingsToolsEquipment2023-05-302024-05-2911992705core:LandBuildings2023-05-2911992705core:PlantMachinery2023-05-2911992705core:MotorVehicles2023-05-2911992705core:FurnitureFittingsToolsEquipment2023-05-2911992705core:RetainedEarningsAccumulatedLosses2023-05-302024-05-2911992705bus:SmallEntities2023-05-302024-05-2911992705bus:FullAccounts2023-05-302024-05-2911992705bus:AuditExempt-NoAccountantsReport2023-05-302024-05-2911992705bus:PrivateLimitedCompanyLtd2023-05-302024-05-29iso4217:GBPxbrli:pure