IRIS Accounts Production v25.1.4.42 01955135 Board of Directors 1.12.23 30.11.24 30.11.24 false true false false true false Ordinary 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh019551352023-11-30019551352024-11-30019551352023-12-012024-11-30019551352022-11-30019551352022-12-012023-11-30019551352023-11-3001955135ns15:EnglandWales2023-12-012024-11-3001955135ns14:PoundSterling2023-12-012024-11-3001955135ns10:Director12023-12-012024-11-3001955135ns10:PrivateLimitedCompanyLtd2023-12-012024-11-3001955135ns10:SmallEntities2023-12-012024-11-3001955135ns10:AuditExempt-NoAccountantsReport2023-12-012024-11-3001955135ns10:SmallCompaniesRegimeForDirectorsReport2023-12-012024-11-3001955135ns10:SmallCompaniesRegimeForAccounts2023-12-012024-11-3001955135ns10:FullAccounts2023-12-012024-11-3001955135ns10:OrdinaryShareClass12023-12-012024-11-3001955135ns10:Director22023-12-012024-11-3001955135ns10:CompanySecretary12023-12-012024-11-3001955135ns10:RegisteredOffice2023-12-012024-11-3001955135ns5:CurrentFinancialInstruments2024-11-3001955135ns5:CurrentFinancialInstruments2023-11-3001955135ns5:Non-currentFinancialInstruments2024-11-3001955135ns5:Non-currentFinancialInstruments2023-11-3001955135ns5:ShareCapital2024-11-3001955135ns5:ShareCapital2023-11-3001955135ns5:RetainedEarningsAccumulatedLosses2024-11-3001955135ns5:RetainedEarningsAccumulatedLosses2023-11-3001955135ns5:PlantMachinery2023-12-012024-11-3001955135ns5:FurnitureFittings2023-12-012024-11-3001955135ns5:ComputerEquipment2023-12-012024-11-3001955135ns5:PlantMachinery2023-11-3001955135ns5:FurnitureFittings2023-11-3001955135ns5:ComputerEquipment2023-11-3001955135ns5:PlantMachinery2024-11-3001955135ns5:FurnitureFittings2024-11-3001955135ns5:ComputerEquipment2024-11-3001955135ns5:PlantMachinery2023-11-3001955135ns5:FurnitureFittings2023-11-3001955135ns5:ComputerEquipment2023-11-3001955135ns5:WithinOneYearns5:CurrentFinancialInstruments2024-11-3001955135ns5:WithinOneYearns5:CurrentFinancialInstruments2023-11-3001955135ns5:DeferredTaxation2023-11-3001955135ns5:DeferredTaxation2023-12-012024-11-3001955135ns5:DeferredTaxation2024-11-3001955135ns10:OrdinaryShareClass12024-11-30
REGISTERED NUMBER: 01955135 (England and Wales)










Unaudited Financial Statements

for the Year Ended 30 November 2024

for

J G Regan Limited

J G Regan Limited (Registered number: 01955135)






Contents of the Financial Statements
for the Year Ended 30 November 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


J G Regan Limited

Company Information
for the Year Ended 30 November 2024







DIRECTORS: J G Regan
L Regan





SECRETARY: L Regan





REGISTERED OFFICE: Suite 15 The Enterprise Centre
Coxbridge Business Park
Surrey
GU10 5EH





REGISTERED NUMBER: 01955135 (England and Wales)





ACCOUNTANTS: Gilroy & Brookes Accountants Limited
Suite 15
The Enterprise Centre
Coxbridge Business Park
Farnham
Surrey
GU10 5EH

J G Regan Limited (Registered number: 01955135)

Balance Sheet
30 November 2024

2024 2023
Notes £    £   
Fixed assets
Tangible assets 4 3,992 5,323
Investments 5 3,503 -
7,495 5,323

Current assets
Debtors 6 59,974 40,095
Cash at bank 96,915 150,184
156,889 190,279
Creditors
Amounts falling due within one year 7 (48,908 ) (35,066 )
Net current assets 107,981 155,213
Total assets less current liabilities 115,476 160,536

Creditors
Amounts falling due after more than one year 8 (4,926 ) (15,002 )

Provisions for liabilities 9 (638 ) (1,011 )
Net assets 109,912 144,523

Capital and reserves
Called up share capital 10 10 10
Retained earnings 109,902 144,513
Shareholders' funds 109,912 144,523

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 November 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 November 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.

J G Regan Limited (Registered number: 01955135)

Balance Sheet - continued
30 November 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 25 July 2025 and were signed on its behalf by:





J G Regan - Director


J G Regan Limited (Registered number: 01955135)

Notes to the Financial Statements
for the Year Ended 30 November 2024

1. STATUTORY INFORMATION

J G Regan 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
Fixtures and fittings - 25% on reducing balance
Computer equipment - 25% on reducing balance

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.

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 5 (2023 - 5 ) .

J G Regan Limited (Registered number: 01955135)

Notes to the Financial Statements - continued
for the Year Ended 30 November 2024

4. TANGIBLE FIXED ASSETS
Fixtures
Plant and and Computer
machinery fittings equipment Totals
£    £    £    £   
COST
At 1 December 2023
and 30 November 2024 1,500 5,825 46,309 53,634
DEPRECIATION
At 1 December 2023 1,387 5,825 41,099 48,311
Charge for year 29 - 1,302 1,331
At 30 November 2024 1,416 5,825 42,401 49,642
NET BOOK VALUE
At 30 November 2024 84 - 3,908 3,992
At 30 November 2023 113 - 5,210 5,323

5. FIXED ASSET INVESTMENTS

Investments (neither listed nor unlisted) were as follows:
2024 2023
£    £   
Investment 3,503 -

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 57,407 38,754
Other debtors 2,567 1,341
59,974 40,095

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts 10,648 10,648
Trade creditors 3,088 1,370
Taxation and social security 27,772 20,160
Other creditors 7,400 2,888
48,908 35,066

J G Regan Limited (Registered number: 01955135)

Notes to the Financial Statements - continued
for the Year Ended 30 November 2024

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2024 2023
£    £   
Bank loans 4,926 15,002

9. PROVISIONS FOR LIABILITIES
2024 2023
£    £   
Deferred tax 638 1,011

Deferred
tax
£   
Balance at 1 December 2023 1,011
Provided during year (373 )
Balance at 30 November 2024 638

10. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £    £   
10 Ordinary £1 10 10

11. ULTIMATE CONTROLLING PARTY

During the year the company was under the control of J G Regan and L Regan who both hold 50% of the issued share capital and are also both directors of the company.