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REGISTERED NUMBER: 10169361 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 OCTOBER 2024

FOR

REGALIZ LIMITED

REGALIZ LIMITED (REGISTERED NUMBER: 10169361)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2024










Page

Statement of Financial Position 1

Notes to the Financial Statements 3


REGALIZ LIMITED (REGISTERED NUMBER: 10169361)

STATEMENT OF FINANCIAL POSITION
31 OCTOBER 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 6,103 7,629
Investment property 5 3,635,000 3,635,000
3,641,103 3,642,629

CURRENT ASSETS
Debtors 6 4,562 3,863
Cash at bank and in hand 5,512 12,898
10,074 16,761
CREDITORS
Amounts falling due within one year 7 568,017 666,659
NET CURRENT LIABILITIES (557,943 ) (649,898 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

3,083,160

2,992,731

CREDITORS
Amounts falling due after more than one
year

8

(1,865,263

)

(1,906,763

)

PROVISIONS FOR LIABILITIES (178,878 ) (179,084 )
NET ASSETS 1,039,019 906,884

CAPITAL AND RESERVES
Called up share capital 11 100 100
Non distributable reserves 532,168 532,168
Retained earnings 506,751 374,616
SHAREHOLDERS' FUNDS 1,039,019 906,884

The Company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 October 2024.

The members have not required the Company to obtain an audit of its financial statements for the year ended 31 October 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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.

REGALIZ LIMITED (REGISTERED NUMBER: 10169361)

STATEMENT OF FINANCIAL POSITION - continued
31 OCTOBER 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 Board of Directors and authorised for issue on 16 July 2025 and were signed on its behalf by:





R Chadha - Director


REGALIZ LIMITED (REGISTERED NUMBER: 10169361)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2024


1. STATUTORY INFORMATION

Regaliz Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

Registered number: 10169361

Registered office: 17 Rambler Lane
Slough
SL3 7RR

The presentation currency of the financial statements is the Pound Sterling (£).


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 - 20% on reducing balance
Computer equipment - 33% on cost

Investment property
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

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 statement of financial position date.


REGALIZ LIMITED (REGISTERED NUMBER: 10169361)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 OCTOBER 2024


2. ACCOUNTING POLICIES - continued
Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2023 - NIL ) .

4. TANGIBLE FIXED ASSETS
Plant and Computer
machinery equipment Totals
£    £    £   
COST
At 1 November 2023
and 31 October 2024 16,798 3,116 19,914
DEPRECIATION
At 1 November 2023 9,578 2,707 12,285
Charge for year 1,444 82 1,526
At 31 October 2024 11,022 2,789 13,811
NET BOOK VALUE
At 31 October 2024 5,776 327 6,103
At 31 October 2023 7,220 409 7,629

5. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 November 2023
and 31 October 2024 3,635,000
NET BOOK VALUE
At 31 October 2024 3,635,000
At 31 October 2023 3,635,000

REGALIZ LIMITED (REGISTERED NUMBER: 10169361)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 OCTOBER 2024


5. INVESTMENT PROPERTY - continued

The fair value of the investment property has been arrived at on the basis of a valuation carried out at 31 October 2024 by the Director. The valuation was made on an open market value basis by reference to market evidence of transaction prices for similar properties.

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 3,561 3,016
Other debtors 1,001 847
4,562 3,863

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts (see note 9) 2,500 2,500
Taxation and social security 43,047 40,659
Other creditors 522,470 623,500
568,017 666,659

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2024 2023
£    £   
Bank loans (see note 9) 1,760,820 1,766,820
Other creditors 104,443 139,943
1,865,263 1,906,763

Amounts falling due in more than five years:

Repayable otherwise than by instalments
Bank loans more 5 yrs non-inst 1,753,820 1,753,820
Other loans more 5yrs non-inst 104,443 139,943
1,858,263 1,893,763

REGALIZ LIMITED (REGISTERED NUMBER: 10169361)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 OCTOBER 2024


9. LOANS

An analysis of the maturity of loans is given below:

2024 2023
£    £   
Amounts falling due within one year or on demand:
Bank loans 2,500 2,500

Amounts falling due between one and two years:
Bank loans - 1-2 years 6,000 6,000

Amounts falling due between two and five years:
Bank loans - 2-5 years 1,000 7,000

Amounts falling due in more than five years:
Repayable otherwise than by instalments
Bank loans more 5 yrs non-inst 1,753,820 1,753,820
Other loans more 5yrs non-inst 104,443 139,943
1,858,263 1,893,763

10. SECURED DEBTS

The following secured debts are included within creditors:

2024 2023
£    £   
Bank loans 1,763,320 1,769,320

The loans are secured by legal charges over the properties of the company.

11. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £    £   
100 Ordinary £1 100 100

REGALIZ LIMITED (REGISTERED NUMBER: 10169361)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 OCTOBER 2024


12. RELATED PARTY DISCLOSURES

The Company's related parties, the nature of the relationship and the extent of the transactions with them are summarised below:


20242023
£   £   
Amounts owed by/(to) R Chadha (Director)(471,627)(567,494)

There is no overall control of the company by any individual person.