REGISTERED NUMBER: 03451269 (England and Wales)

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2026

FOR

REGAL ASSET MANAGERS LIMITED

Page

Company Information

1

Chartered Accountants' Report

2

Balance Sheet

3

Notes to the Financial Statements

5

DIRECTORS:

Mr R B Kerai

Mr S K Sharma

Mr. R M Pindoria

SECRETARY:

Mr. R M Pindoria

REGISTERED OFFICE:

505 Pinner Road

Harrow

Middlesex

HA2 6EH

REGISTERED NUMBER:

03451269 (England and Wales)

ACCOUNTANTS:

Sterling Accounts Limited

t/a Sterling

Chartered Accountants

505 Pinner Road

Harrow

Middlesex

HA2 6EH

The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Profit and Loss Account and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Regal Asset Managers Limited for the year ended 31 March 2026 which comprise the Profit and Loss Account, Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the Board of Directors of Regal Asset Managers Limited, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Regal Asset Managers Limited and state those matters that we have agreed to state to the Board of Directors of Regal Asset Managers Limited, as a body, in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Regal Asset Managers Limited and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that Regal Asset Managers Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Regal Asset Managers Limited. You consider that Regal Asset Managers Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Regal Asset Managers Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

Sterling Accounts Limited

t/a Sterling

Chartered Accountants

505 Pinner Road

Harrow

Middlesex

HA2 6EH

2 May 2026

FIXED ASSETS

Intangible assets

4

193,625

98,959

Tangible assets

5

536,331

311,168

Investments

6

1,765,017

1,170,754

2,494,973

1,580,881

CURRENT ASSETS

Debtors

7

1,270,882

730,991

Cash at bank and in hand

505,106

1,470,733

1,775,988

2,201,724

CREDITORS

Amounts falling due within one year

8

2,633,660

2,364,247

NET CURRENT LIABILITIES

(857,672

)

(162,523

)

TOTAL ASSETS LESS CURRENT LIABILITIES

1,637,301

1,418,358

CREDITORS

Amounts falling due after more than one year

9

(68,574

)

(78,072

)

PROVISIONS FOR LIABILITIES

10

(124,346

)

(67,219

)

NET ASSETS

1,444,381

1,273,067

CAPITAL AND RESERVES

Called up share capital

30,000

30,000

Retained earnings

1,414,381

1,243,067

SHAREHOLDERS' FUNDS

1,444,381

1,273,067

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2026 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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.

In accordance with Section 444 of the Companies Act 2006, the Profit and Loss Account has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 2 May 2026 and were signed on its behalf by:

Mr R B Kerai - Director

1.	STATUTORY INFORMATION

Regal Asset Managers Limited 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.

Preparation of consolidated financial statements

The financial statements contain information about Regal Asset Managers Limited as an individual company and do not contain consolidated financial information as the parent of a group. The company is exempt under Section 399(2A) of the Companies Act 2006 from the requirements to prepare consolidated financial statements.

Related party exemption

The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Revenue recognition

Revenue is recognised at the point of collection of rent and other charges from the tenants. Other income is recognised on a rent receivable basis to the balance sheet date.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Improvements to leasehold

-

Straight line over 10 years

Fixtures and fittings

-

10% on reducing balance

Motor vehicles

-

25% on reducing balance

Computer equipment

-

50% on reducing balance

Investments in subsidiaries

Investments in subsidiary undertakings are recognised at cost.

Investments

Investments in shares are included at cost less impairment fair value.

Deferred tax

Deferred tax is recognised in respect of temporary timing differences which are differences between taxable profits and total comprehensive income that arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in the financial statements.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

Trade and other debtors/creditors

Interest receivable and Interest payable

Interest receivable and interest payable are recognised in profit or loss as they accrue, using the effective interest method.

Government grants

Grants provided by the government in respect of Covid-19 are recognised in the accounting period in which they are received, under accrual model.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 17 (2025 - 13 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 April 2025

104,167

Additions

108,127

At 31 March 2026

212,294

AMORTISATION

At 1 April 2025

5,208

Amortisation for year

13,461

At 31 March 2026

18,669

NET BOOK VALUE

At 31 March 2026

193,625

At 31 March 2025

98,959

5.	TANGIBLE FIXED ASSETS

Improvements

Fixtures

to

and

Motor

Computer

leasehold

fittings

vehicles

equipment

Totals

£

£

£

£

£

COST

At 1 April 2025

335,082

108,892

248,485

86,987

779,446

Additions

194,071

7,256

125,725

15,945

342,997

At 31 March 2026

529,153

116,148

374,210

102,932

1,122,443

DEPRECIATION

At 1 April 2025

149,219

61,554

172,770

84,735

468,278

Charge for year

52,916

5,459

50,360

9,099

117,834

At 31 March 2026

202,135

67,013

223,130

93,834

586,112

NET BOOK VALUE

At 31 March 2026

327,018

49,135

151,080

9,098

536,331

At 31 March 2025

185,863

47,338

75,715

2,252

311,168

6.	FIXED ASSET INVESTMENTS

Shares in

group

undertaking

£

COST OR VALUATION

At 1 April 2025

1,170,754

Additions

594,263

At 31 March 2026

1,765,017

NET BOOK VALUE

At 31 March 2026

1,765,017

At 31 March 2025

1,170,754

Cost or valuation at 31 March 2026 is represented by:

Shares in

group

undertaking

£

Valuation in 2024

(3,300

)

Cost

1,768,317

1,765,017

7.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Trade debtors

3,101

10,237

Amounts owed by group undertakings

1,239,708

663,041

Amounts owed by connected companies

16,599

29,100

Other debtors

11,474

28,613

1,270,882

730,991

8.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Trade creditors

7,749

846,807

Amounts owed to group undertakings

939,344

716,844

Amounts owed to connected companies

745,560

89,400

Taxation and social security

72,642

42,431

Other creditors

868,365

668,765

2,633,660

2,364,247

9.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2026

2025

£

£

Hire purchase contracts

68,574

78,072

10.	PROVISIONS FOR LIABILITIES

2026

2025

£

£

Deferred tax

124,346

67,219

Deferred

tax

£

Balance at 1 April 2025

67,219

Movement for the year

57,127

Balance at 31 March 2026

124,346

11.	RELATED PARTY DISCLOSURES

Included within creditors due within one year is amount due of £20,560 (2025: £24,400) to Residential Properties Funds Limited in which Mr R B Kerai has a beneficial interest. The amounts due are unsecured with no specific terms of repayments.