Reginald Store Ltd - Filleted accounts

Registered number

10053133

Reginald Store Ltd

Filleted Accounts

28 February 2025

Reginald Store Ltd
Registered number:		10053133
Balance Sheet
as at 28 February 2025

Notes			2025			2024
£				£
Fixed assets
Tangible assets	3		18,890			22,569

Current assets
Stocks		85,000			70,000
Debtors	4	6,000			12,097
Cash at bank and in hand		53,565			60,902
		144,565			142,999

Creditors: amounts falling due within one year	5	(132,512)			(137,995)

Net current assets			12,053			5,004

Net assets			30,943			27,573

Capital and reserves
Called up share capital			100			100
Profit and loss account			30,843			27,473

Shareholder's funds			30,943			27,573

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.




Hidir ARPA
Director
Approved by the board on 3 November 2025

Reginald Store Ltd
Notes to the Accounts
for the year ended 28 February 2025


1	Accounting policies

	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 and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.

	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:

	Freehold buildings			over 50 years
	Leasehold land and buildings			over the lease term
	Plant and machinery			over 5 years
	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.

	Taxation
	A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.


2	Employees					2025		2024
Number							Number

	Average number of persons employed by the company					11		11


3	Tangible fixed assets
		Land and buildings		Plant and machinery etc		Motor vehicles		Total
£			£		£		£
	Cost
	At 1 March 2024	4,167		48,915		27,556		80,638
	At 28 February 2025	4,167		48,915		27,556		80,638

	Depreciation
	At 1 March 2024	-		40,621		17,448		58,069
	Charge for the year	-		1,658		2,021		3,679
	At 28 February 2025	-		42,279		19,469		61,748

	Net book value
	At 28 February 2025	4,167		6,636		8,087		18,890
	At 29 February 2024	4,167		8,294		10,108		22,569


4	Debtors					2025		2024
£							£

	Other debtors					6,000		12,097


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

	Bank loans and overdrafts					6,071		-
	Trade creditors					760		-
	Taxation and social security costs					5,418		11,808
	Other creditors					120,263		126,187
						132,512		137,995


6	Controlling party

	Hidir ARPA, a company director controls the company by virtue of holding 100% of the issued share capital.


7	Other information

	Reginald Store Ltd is a private company limited by shares and incorporated in England. Its registered office is:
	8 Clock House Parade
	North Circular Road
	London
	N13 4BF