REGISTERED NUMBER: 13494395 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 October 2024

for

REGAL UK PROPERTY LTD

Page

Company Information

1

Abridged Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

D Goggin

REGISTERED OFFICE:

3 Beacon Mews

South Road

Weybridge

KT13 9DZ

REGISTERED NUMBER:

13494395 (England and Wales)

ACCOUNTANTS:

Advanta

Chartered Accountants

29 Gildredge Road

Eastbourne

East Sussex

BN21 4RU

FIXED ASSETS

Investment property

4

1,150,000

980,000

CURRENT ASSETS

Debtors

582,481

16,239

Cash at bank and in hand

3,810

68,448

586,291

84,687

CREDITORS

Amounts falling due within one year

1,430,083

748,456

NET CURRENT LIABILITIES

(843,792

)

(663,769

)

TOTAL ASSETS LESS CURRENT LIABILITIES

306,208

316,231

CREDITORS

Amounts falling due after more than one year

(96,375

)

(93,000

)

PROVISIONS FOR LIABILITIES

6

(59,124

)

(58,174

)

NET ASSETS

150,709

165,057

CAPITAL AND RESERVES

Called up share capital

1

1

Non-distributable reserve

7

177,372

174,523

Retained earnings

(26,664

)

(9,467

)

SHAREHOLDERS' FUNDS

150,709

165,057

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 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.

All the members have consented to the preparation of an abridged Income Statement and an abridged Balance Sheet for the year ended 31 October 2024 in accordance with Section 444(2A) of the Companies Act 2006.

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 31 October 2025 and were signed by:

D Goggin - Director

1.	STATUTORY INFORMATION

Regal UK Property Ltd 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 as modified by the revaluation of certain assets.

Turnover

Turnover represents rental income receivable.

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.

Investment property is carried at fair value. Revaluation surpluses or deficits are recognised in the income statement. Deferred taxation is provided on these gains at the rate expected to apply when the property is sold.

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.

3.	EMPLOYEES AND DIRECTORS

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

4.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 November 2023

980,000

Additions

152,474

Disposals

13,728

Revaluations

3,798

At 31 October 2024

1,150,000

NET BOOK VALUE

At 31 October 2024

1,150,000

At 31 October 2023

980,000

Fair value at 31 October 2024 is represented by:

£

Valuation in 2023

232,698

Valuation in 2024

3,798

Cost

913,504

1,150,000

5.	SECURED DEBTS

Loans of £619,812 are secured by way of fixed charges over the company's investment assets.

6.	PROVISIONS FOR LIABILITIES

2024

2023

£

£

Deferred tax

Investment fair value movement

59,124

58,174

Deferred

tax

£

Balance at 1 November 2023

58,174

Investment fair value movement

950

Balance at 31 October 2024

59,124

7.

RESERVES

Non-distributable

reserve

£

At 1 November 2023

174,523

Reserve transfer

2,849

At 31 October 2024

177,372