Regency Reeds Limited - Filleted accounts

Registered number

08447198

Regency Reeds Limited

Filleted Accounts

31 March 2025

Regency Reeds Limited
Registered number:		08447198
Balance Sheet
as at 31 March 2025

Notes			2025			2024
£				£
Fixed assets
Tangible assets	3		-			51

Current assets
Paypal		-			(1,347)

Cash at bank and in hand		22,495			26,196
		22,495			24,849

Creditors: amounts falling due within one year	4	(6,264)			(10,780)

Net current assets			16,231			14,069

Net assets			16,231			14,120

Capital and reserves
Called up share capital			100			100
Profit and loss account			16,131			14,020

Shareholder's funds			16,231			14,120

The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The member has not required the company to obtain an audit in accordance with section 476 of the Act.
The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.




David Blyth
Director
Approved by the board on 24 October 2025

Regency Reeds Limited
Notes to the Accounts
for the year ended 31 March 2025


1	Accounting policies

	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).

	Turnover
	Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer.

	Tangible fixed assets
	Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:

	Fixtures, fittings, tools and equipment	over 5 years

	Stocks
	Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first in first out method. The carrying amount of stock sold is recognised as an expense in the period in which the related revenue is recognised.

	Debtors
	Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

	Taxation
	A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. 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. Current and deferred tax assets and liabilities are not discounted.


2	Employees		2025		2024
Number				Number

	Average number of persons employed by the company		1		1


3	Tangible fixed assets
					Plant and machinery etc
£
	Cost
	At 1 April 2024				251
	At 31 March 2025				251

	Depreciation
	At 1 April 2024				200
	Charge for the year				51
	At 31 March 2025				251

	Net book value
	At 31 March 2025				-
	At 31 March 2024				51


4	Creditors: amounts falling due within one year		2025		2024
£				£

	Taxation and social security costs		624		2,285
	Director's loan account		4,560		7,391
	Other creditors		1,080		1,104
			6,264		10,780


5	Related party transactions

	During the year David Blyth received a salary of £9,096 (2024: 9,096) from the company. The company paid him dividends of £500 (2024: £12,000). At the year end the company owed David Blyth £4,560 (2024: £7,391).


6	Controlling party

	The company is controlled by David Blyth, sole director and shareholder.


7	Other information

	Regency Reeds Limited is a private company limited by shares and incorporated in England. Its registered office is:
	26 Himbleton Road
	Worcester
	WR2 6BB