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Company Registration No. 13717538 (England and Wales)
Regatta FS 1 Ltd Unaudited accounts for the year ended 31 March 2025
Regatta FS 1 Ltd Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
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Regatta FS 1 Ltd Company Information for the year ended 31 March 2025
Directors
P J Easterbrook C J Burrows
Company Number
13717538 (England and Wales)
Registered Office
1 Church Street Amersham HP7 0DB United Kingdom
Accountants
Balmoral Consultancy Services Limited Congress House 14 Lyon Road Harrow Middlesex HA1 2EN
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Regatta FS 1 Ltd Statement of financial position as at 31 March 2025
2025
2024
Notes
£
£
Current assets
Debtors
4
2,110,586
736,483
Cash at bank and in hand
5,006
2,875
2,115,592
739,358
Creditors: amounts falling due within one year
5
(82,341)
(18,864)
Net current assets
2,033,251
720,494
Net assets
2,033,251
720,494
Capital and reserves
Called up share capital
6
1,736,376
665,732
Share premium
186,287
34,361
Profit and loss account
110,588
20,401
Shareholders' funds
2,033,251
720,494
For the year ending 31 March 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered 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 profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 23 December 2025 and were signed on its behalf by
P J Easterbrook Director Company Registration No. 13717538
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Regatta FS 1 Ltd Notes to the Accounts for the year ended 31 March 2025
1
Statutory information
Regatta FS 1 Ltd is a private company, limited by shares, registered in England and Wales, registration number 13717538. The registered office is 1 Church Street, Amersham, HP7 0DB, United Kingdom.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Cash and cash equivalents
Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.
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.
Financial instruments
Basic financial instruments are recognised at amortised cost, except for investments in non-convertible preference and non-puttable ordinary shares which are measured at fair value, with changes recognised in profit or loss. Derivative financial instruments are initially recorded at cost and thereafter at fair value with changes recognised in profit or loss.
Debtors
Short term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.
4
Debtors
2025
2024
£
£
Amounts falling due within one year
Other debtors
2,110,586
736,483
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Regatta FS 1 Ltd Notes to the Accounts for the year ended 31 March 2025
5
Creditors: amounts falling due within one year
2025
2024
£
£
Trade creditors
4,531
-
Taxes and social security
27,415
4,764
Other creditors
28,877
-
Accruals
21,518
14,100
82,341
18,864
6
Share capital
2025
2024
£
£
Allotted, called up and fully paid:
100 Ordinary Shares of £1 each
100
100
1,500,758 Capital shares of £1 each
1,500,758
615,632
1,500,858
615,732
235,518 Preference shares of £1 each
235,518
50,000
1,736,376
665,732
Shares issued during the period:
885,126 Capital shares of £1 each
885,126
185,518 Preference shares of £1 each
185,518
1,070,644
7
Transactions with related parties
Included in other creditors is an amount of £20,312 (2024: £Nil) due to P1 Capital Ltd, a company with common directors. This amount is unsecured, interest free and repayable on demand.
8
Controlling party
The ultimate holding company is P1 Capital Group Limited. C J Burrows owns 100% of share capital in P1 Capital Group Limited.
9
Average number of employees
During the year the average number of employees was 2 (2024: 2).
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