ACCOUNTS - Final Accounts preparation

Company Registration Number 10298286

	REGEN ONE LIMITED

	FINANCIAL STATEMENTS

	31 MARCH 2025

REGEN ONE LIMITED

REGISTERED NUMBER: 10298286

STATEMENT OF FINANCIAL POSITION

AS AT 31 MARCH 2025

		2025		2024
		£		£



Creditors: amounts falling due within one year	4	-		(390,589)
Net current assets/(liabilities)			-		(390,589)
Total assets less current liabilities			-		(390,589)

Net assets/(liabilities)			-		(390,589)

Capital and reserves
Called up share capital	100	100
Profit and loss account	(100)	(390,689)
	-	(390,589)

For the year ended 31 March 2025 the Company was entitled to exemption from audit under section 480 of the Companies Act 2006.

Members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime and in accordance with the provisions of FRS 102 Section 1A - small entities.

The financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The Company has opted not to file the statement of comprehensive income in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf by:

N J Gordon

Director

Date: 9 December 2025

The notes on pages 2 to 3 form part of these financial statements.

Page 1

REGEN ONE LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

1.	General information

Regen One Limited is a Cumbrian based housebuilder. The company is a private company limited by shares, registered in England and Wales. The address of the registered office is Agricola House, 5 Cowper Road, Gilwilly Industrial Estate, Penrith, England, CA11 9BN.

2.Accounting policies

2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The preparation of financial statements in compliance with FRS 102 requires the use of certain critical accounting estimates. It also requires management to exercise judgment in applying the Company's accounting policies.

The financial statements are presented in pounds sterling and rounded to the nearest £.

2.2

Going concern

Management and the Directors have considered a period of at least twelve months from the date of sign off when making their assessment with regards to going concern. After consideration of all factors, the Directors have continued to adopt the going concern basis in preparing the financial statements on the basis that the company has no liabilities, and management are yet to make a decision on the future use of the company.

2.3

Exceptional items

Exceptional items are transactions that fall within the ordinary activities of the Company but are presented separately due to their size or incidence.

2.4

Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

Employees

The Company has no employees other than the directors, who did not receive any remuneration (2024 - £NIL).

4.	Creditors: Amounts falling due within one year
		2025	2024
		£	£

	Amounts owed to group undertakings	-	390,589

Page 2

REGEN ONE LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

5.	Controlling party

Throughout the year the company was under the control of Genesis Homes (North) Limited.

The ultimate parent undertaking and the only group to consolidate these financial statements is Genesis Homes Group Limited. Copies of Genesis Homes Group Limited consolidated financial statements can be obtained from Companies House, Crown Way, Cardiff, CF14 3UZ.

The ultimate controlling party is N J Gordon, by virtue of his majority shareholding in the ultimate parent undertaking, Genesis Homes Group Limited.

Page 3