REGISTERED NUMBER: 00805824 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 March 2025

for

RGS Estates Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

Director:

P S Spencer

Registered office:

The Croft

Welburn

York

North Yorkshire

YO60 7EQ

Registered number:

00805824 (England and Wales)

Accountants:

Ashby Berry Coulsons Ltd

2 Belgrave Crescent

Scarborough

North Yorkshire

YO11 1UB

Fixed assets

Intangible assets

4

27,000

28,000

Tangible assets

5

820,000

820,000

847,000

848,000

Current assets

Debtors

6

240

265

Investments

7

55,000

55,000

Cash at bank

25,993

27,541

81,233

82,806

Creditors

Amounts falling due within one year

8

10,065

17,675

Net current assets

71,168

65,131

Total assets less current liabilities

918,168

913,131

Creditors

Amounts falling due after more than one year

9

126,426

144,268

Net assets

791,742

768,863

Capital and reserves

Called up share capital

10

6,000

6,000

Revaluation reserve

11

109,071

109,071

Retained earnings

676,671

653,792

Shareholders' funds

791,742

768,863

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 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.

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 22 July 2025 and were signed by:

P S Spencer - Director

1.	Statutory information

RGS Estates 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.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2002, is being amortised evenly over its estimated useful life of fifty years.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

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 1 (2024 - 1 ) .

4.	Intangible fixed assets

Goodwill

£

Cost

At 1 April 2024

and 31 March 2025

50,000

Amortisation

At 1 April 2024

22,000

Charge for year

1,000

At 31 March 2025

23,000

Net book value

At 31 March 2025

27,000

At 31 March 2024

28,000

5.	Tangible fixed assets

Plant and

Land and

machinery

buildings

etc

Totals

£

£

£

Cost

At 1 April 2024

and 31 March 2025

820,000

2,689

822,689

Depreciation

At 1 April 2024

and 31 March 2025

-

2,689

2,689

Net book value

At 31 March 2025

820,000

-

820,000

At 31 March 2024

820,000

-

820,000

6.

Debtors: amounts falling due within one year

2025

2024

£

£

Other debtors

240

265

7.	Current asset investments

2025

2024

£

£

Unlisted investments

55,000

55,000

8.

Creditors: amounts falling due within one year

2025

2024

£

£

Trade creditors

1,650

1,584

Taxation and social security

5,681

6,307

Other creditors

2,734

9,784

10,065

17,675

9.

Creditors: amounts falling due after more than one year

2025

2024

£

£

Other creditors

126,426

144,268

Amounts falling due in more than five years:

Repayable by instalments

Lloyds Mortgage 01517600

126,426

144,268

10.	Called up share capital

Allotted, issued and fully paid:

Number:

Class:

Nominal

2025

2024

value:

£

£

6,000

Ordinary

£1

6,000

6,000

11.

Reserves

Revaluation

reserve

£

At 1 April 2024

and 31 March 2025

109,071