| Registered number: 11521132 | ||||||||
| FOR THE YEAR ENDED 31 AUGUST 2025 | ||||||||
| Prepared By: | ||||||||
| Lever Bros & Co | ||||||||
| Chartered Accountants | ||||||||
| First Floor, 690 Great West Road | ||||||||
| Osterley Village | ||||||||
| Isleworth | ||||||||
| TW7 4PU | ||||||||
| Regency Western Limited | ||||||||
| ACCOUNTS | ||||||||
| FOR THE YEAR ENDED 31 AUGUST 2025 | ||||||||
| DIRECTORS | ||||||||
| REGISTERED OFFICE | ||||||||
| COMPANY DETAILS | ||||||||
| Private company limited by shares registered in EW - England and Wales, registered number 11521132 | ||||||||
| ACCOUNTANTS | ||||||||
| Lever Bros & Co | ||||||||
| Chartered Accountants | ||||||||
| First Floor, 690 Great West Road | ||||||||
| Osterley Village | ||||||||
| Isleworth | ||||||||
| TW7 4PU | ||||||||
| Regency Western Limited | ||||||||
| ACCOUNTS | ||||||||
| FOR THEYEARENDED31 AUGUST 2025 | ||||||||
| CONTENTS | ||||||||
| Page | ||||||||
| Directors' Report | - | |||||||
| Accountants' Report | - | |||||||
| Statement Of Comprehensive Income | - | |||||||
| Balance Sheet | 3 | |||||||
| Notes To The Accounts | 4 | |||||||
| The following do not form part of the statutory financial statements: | ||||||||
| Trading And Profit And Loss Account | - | |||||||
| Profit And Loss Account Summaries | - | |||||||
| Regency Western Limited | ||||||||
| BALANCE SHEET AT | ||||||||||
| 2025 | 2024 | |||||||||
| Notes | £ | £ | ||||||||
| FIXED ASSETS | ||||||||||
| CURRENT ASSETS | 4 | |||||||||
| Stock | ||||||||||
| Debtors | 5 | |||||||||
| Cash at bank and in hand | ||||||||||
| 435,872 | 1,132,730 | |||||||||
| CREDITORS: Amounts falling due within one year | 6 | |||||||||
| NET CURRENT ASSETS | 28,998 | |||||||||
| TOTAL ASSETS LESS CURRENT LIABILITIES | ||||||||||
| CAPITAL AND RESERVES | ||||||||||
| Called up share capital | 7 | |||||||||
| Profit and loss account | 429,942 | 28,898 | ||||||||
| SHAREHOLDERS' FUNDS | ||||||||||
| Approved by the board on | ||||||||||
| ............................. | ||||||||||
| Director | ||||||||||
| Regency Western Limited | ||||||||
| NOTES TO THE ACCOUNTS | ||||||||||
| FOR THE YEAR ENDED 31 AUGUST 2025 | ||||||||||
| 1. ACCOUNTING POLICIES |
| 1a. Basis Of Accounting | ||||||||
| The accounts have been prepared under the historical cost convention. | ||||||||
| The accounts have been prepared in accordance with FRS102 - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006 . | ||||||||
| 1b. Investment Properties | ||||||||
| Investment properties are included in the financial statements at fair value. Gains and losses on remeasurement of fair value are recognised in the Statement of comprehensive income, within Other operating income. | ||||||||
| 1c. Stocks | ||||||||
| Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell (net realisable value). Costs, which comprise direct production costs, are based on the method most appropriate to the type of inventory class, but usually on a first-in-first-out basis. Overheads are charged to profit or loss as incurred. Net realisable value is based on the estimated selling price less any estimated completion or selling costs. | ||||||||
| When stocks are sold, the carrying amount of those stocks is recognised as an expense in the period in which the related revenue is recognised. The amount of any write-down of stocks to net realisable value and all losses of stocks are recognised as an expense in the period in which the write-down or loss occurs. The amount of any reversal of any write-down of stocks is recognised as a reduction in the amount of stocks recognised as an expense in the period in which the reversal occurs. | ||||||||
| 1d. Taxation | ||||||||
| Taxation represents the sum of tax currently payable and deferred tax. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period. Deferred tax is recognised on all timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered. Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. | ||||||||
| 1e. Turnover | ||||||||
| The company's principal activity is the purchase, development and sale of property. | ||||||||
| Regency Western Limited | ||||||||
| 1f. Statutory Information | ||||||||
| Regency Western Limited is a private company, limited by shares, incorporated in England and Wales. The company's registered number is 11521132 and registered office address is First Floor, 690 Great West Road, Isleworth, England, TW7 4PU. | ||||||||
| 1g. Financial Instruments | ||||||||
| The company only enters into basic financial instruments transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans from banks and other third parties, loans to related parties and investments. | ||||||||
| 2. EMPLOYEES | ||||||
| 2025 | 2024 | |||||
| No. | No. | |||||
| Average number of employees | - | |||||
| 3. INVESTMENT PROPERTIES | ||||||||
| Investment | ||||||||
| Properties | Total | |||||||
| £ | £ | |||||||
| Fair value | ||||||||
| Additions | 1,114,443 | 1,114,443 | ||||||
| Disposals | (1,500,000) | (1,500,000) | ||||||
| Revaluation | 385,557 | 385,557 | ||||||
| At 31 August 2025 | - | - | ||||||
| The investment properties are stated at fair value at the balance sheet date. | ||||||||
| 4. STOCK | 2025 | 2024 | ||||
| £ | £ | |||||
| Stock comprises: | ||||||
| Stock | ||||||
| Regency Western Limited | ||||||||
| 5. DEBTORS | 2025 | 2024 | ||||||
| £ | £ | |||||||
| Amounts falling due within one year | ||||||||
| Trade debtors | - | 485 | ||||||
| Amounts due from group companies | 435,556 | - | ||||||
| Prepayments | - | 300 | ||||||
| 435,556 | 785 | |||||||
| 6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR | ||||||||
| 2025 | 2024 | |||||||
| £ | £ | |||||||
| Taxation and social security | 4,744 | 861 | ||||||
| Directors current account | - | 184,240 | ||||||
| Other creditors | - | 21,337 | ||||||
| Accruals | 1,086 | 1,350 | ||||||
| Deferred income | - | 1,850 | ||||||
| Amounts due to group companies | - | 894,094 | ||||||
| 5,830 | 1,103,732 | |||||||
| 7. SHARE CAPITAL | 2025 | 2024 | ||||||
| £ | £ | |||||||
| Allotted, issued and fully paid: | ||||||||
| 49 | 49 | |||||||
| 51 | 51 | |||||||
| 100 | 100 | |||||||
| 8. RELATED PARTY TRANSACTIONS | |||||||||||||||||||||||||||||||||||||
| |||||||||||||||||||||||||||||||||||||
| Regency Western Limited | ||||||||
| 9. REVALUATION RESERVE | ||||||||
| During the year the company increased the fair value of its investment property by £385,556. The revaluation has been recognised within the revaluation reserve. Following the transfer of the property to Khandy Residential Ltd as part of a group reorganisation under section 135 TCGA 1992, the revaluation reserve has been transferred within equity. No deferred tax liability arises on this revaluation due to the application of no-gain/no-loss treatment. | ||||||||
| 10. CONTROLLING PARTY | ||||||||
| The ultimate parent company is Khandy Residential Limited, a company registered in England and Wales. | ||||||||