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REGISTERED NUMBER: 12864741 (England and Wales)















Financial Statements

for the Year Ended 30 September 2024

for

Regal Builders Merchants Limited

Regal Builders Merchants Limited (Registered number: 12864741)

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


Regal Builders Merchants Limited

Company Information
for the year ended 30 September 2024







DIRECTOR: Mr P M Patel





REGISTERED OFFICE: 35 Edward Road
Harrow
Middlesex
HA2 6QA





REGISTERED NUMBER: 12864741 (England and Wales)





ACCOUNTANTS: KBMD Limited
Chartered Certified Accountants
Maple House
382 Kenton Road
Harrow
Middlesex
HA3 9DP

Regal Builders Merchants Limited (Registered number: 12864741)

Balance Sheet
30 September 2024

30.9.24 30.9.23
Notes £ £
FIXED ASSETS
Tangible assets 4 79,049 78,474

CURRENT ASSETS
Stocks 710,585 505,750
Debtors 5 87,304 47,551
Cash at bank 14,333 3,362
812,222 556,663
CREDITORS
Amounts falling due within one year 6 (460,400 ) (336,327 )
NET CURRENT ASSETS 351,822 220,336
TOTAL ASSETS LESS CURRENT
LIABILITIES

430,871

298,810

CREDITORS
Amounts falling due after more than one
year

7

(249,258

)

(186,194

)
NET ASSETS 181,613 112,616

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 181,513 112,516
181,613 112,616

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 director acknowledges his 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.

Regal Builders Merchants Limited (Registered number: 12864741)

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 director and authorised for issue on 10 June 2025 and were signed by:





Mr P M Patel - Director


Regal Builders Merchants Limited (Registered number: 12864741)

Notes to the Financial Statements
for the year ended 30 September 2024


1. STATUTORY INFORMATION

Regal Builders Merchants Limited 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.

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.

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.

Plant and machinery - 25% on reducing balance
Motor vehicles - 25% on reducing balance
Computer equipment - 25% on reducing balance

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Regal Builders Merchants Limited (Registered number: 12864741)

Notes to the Financial Statements - continued
for the year ended 30 September 2024


2. ACCOUNTING POLICIES - continued

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 7 (2023 - 3 ) .

4. TANGIBLE FIXED ASSETS
Plant and Motor Computer
machinery vehicles equipment Totals
£ £ £ £
COST
At 1 October 2023 118,319 23,639 - 141,958
Additions 28,385 - 7,258 35,643
At 30 September 2024 146,704 23,639 7,258 177,601
DEPRECIATION
At 1 October 2023 51,480 12,004 - 63,484
Charge for year 29,376 3,878 1,814 35,068
At 30 September 2024 80,856 15,882 1,814 98,552
NET BOOK VALUE
At 30 September 2024 65,848 7,757 5,444 79,049
At 30 September 2023 66,839 11,635 - 78,474

5. DEBTORS
30.9.24 30.9.23
£ £
Amounts falling due within one year:
Trade debtors 44,275 20,284
Other debtors 26,529 27,267
70,804 47,551

Amounts falling due after more than one year:
Other debtors 16,500 -

Aggregate amounts 87,304 47,551

Regal Builders Merchants Limited (Registered number: 12864741)

Notes to the Financial Statements - continued
for the year ended 30 September 2024


6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.9.24 30.9.23
£ £
Bank loans and overdrafts 17,430 7,288
Hire purchase contracts 33,783 27,459
Trade creditors 286,784 135,870
Taxation and social security 31,084 2,604
Other creditors 91,319 163,106
460,400 336,327

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
30.9.24 30.9.23
£ £
Hire purchase contracts 44,581 61,194
Other creditors 204,677 125,000
249,258 186,194