No Regrets Management Limited is a private company limited by shares incorporated in England and Wales. The registered office is 58 High Street, Cheltenham, Gloucestershire, England, GL50 1EE.
The financial statements are prepared in sterling, which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £.
The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to profit or loss.
The average monthly number of persons (including directors) employed by the company during the year was:
B D Lakin
Director and shareholder
In a previous period the director lent the company money for working capital, which was repaid in full during the year. At the year-end the amount due to the director was £nil (2023: £11). The amount is unsecured, interest-free and repayable on demand.
Kobe24 Limited
Company part owned by B D Lakin and of which he is a director
In a previous period, the company loaned the related party money for working capital. During the year, additional sums were loaned to the related party. At the year-end the amount due from the related party was £144,862 (2023: £20,821). The amount is unsecured, interest-free and repayable on demand.
No Regrets Studio Limited
Company part owned by B D Lakin and of which he is a director
In a previous period, the company loaned the related party money for working capital. During the year, the company loaned the related party further sums. At the year-end the amount due from the related party was £51,117 (2023: £49,343). The amount is unsecured, interest-free and repayable on demand.
No Regrets Studio Rentals Limited
Company indirectly owned by B D Lakin and of which he is a director
In a previous period, the related party loaned the company money for working capital. During the year, various sums were repaid. At the year-end the amount due to the related party was £5,724 (2023: £8,717). This amount is unsecured, interest-free and repayable on demand.
Noire Ink London Limited
Company ultimately part owned by B D Lakin and of which he is a director
In a previous period, the company loaned the related party money for working capital. During the year, various sums were repaid. At the year end, the amount due from the related party was £1,233 (2023: £8,249). The amount is unsecured, interest-free and repayable on demand.
Woo-Ah Limited
A company under common control
In a previous period, the company loaned the related party money for working capital. During the year, the company loaned the related party further sums. At the year-end the amount due from the related party was £23,642 (2023: £22,843). The amount is unsecured, interest-free and repayable on demand.