Regal Environmental Systems Limited Accounts






Regal Environmental Systems Limited

	Company No. 03037242
		Information for Filing with The Registrar
		31 March 2026

The Director presents his report and the accounts for the year ended 31 March 2026.

Principal activities
The principal activity of the company during the year under review was 33190 - Repair of other equipment.




Director

The Director who served at any time during the year was as follows:

S.K. Watt









































































The above report has been prepared in accordance with the provisions applicable to companies subject to the small companies regime as set out in Part 15 of the Companies Act 2006.

Signed on behalf of the board

S.K. Watt
Director
31 March 2026

at	31 March 2026
Company No.		03037242	Notes	2026	2025
				£	£
Fixed assets
	Intangible assets		4	1,804	2,389
	Tangible assets		5	87,643	118,134


				89,447	120,523
Current assets
	Stocks		6	9,707	15,220
	Debtors		7	158,590	123,346

	Cash at bank and in hand			313,784	314,311
				482,081	452,877
Creditors: Amount falling due within one year			8	(178,138)	(126,117)
Net current assets				303,943	326,760
Total assets less current liabilities				393,390	447,283
Creditors: Amounts falling due after more than one year			9	-	(48,908)
Provisions for liabilities
	Deferred taxation			(988)	(2,701)

Net assets				392,402	395,674

Capital and reserves
	Called up share capital			80	80


	Capital redemption reserve		11	20	20
	Profit and loss account		11	392,302	395,574

Total equity				392,402	395,674



These accounts have been prepared in accordance with the special provisions applicable to companies subject to the small companies regime of the Companies Act 2006.

For the year ended 31 March 2026 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 Companies Act 2006 with respect to accounting records and the preparation of accounts.



As permitted by section 444 (5A)of the Companies Act 2006 the directors have not delivered to the Registrar a copy of the company's profit and loss account.

Approved by the board on 31 March 2026 and signed on its behalf by:
S.K. Watt
Director
31 March 2026

for the year ended 31 March 2026

General information

Regal Environmental Systems Limited is a private company limited by shares and incorporated in England and Wales.

Its registered number is: 03037242

Its registered office is:

Regal House Upham Street

Upham

Southampton

Hampshire

SO32 1JA

The accounts have been prepared in accordance with FRS 102 Section 1A - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.

Accounting policies

Turnover

Turnover is measured at the fair value of the consideration received or receivable. Turnover is reduced for estimated customer returns, rebates and other similar allowances.

Revenue from the sale of goods is recognised when all the following conditions are satisfied:
• the Company has transferred to the buyer the significant risks and rewards of ownership of the
goods;
• the Company retains neither continuing managerial involvement to the degree usually associated
with ownership nor effective control over the goods sold;
• the amount of revenue can be measured reliably;
• it is probable that the economic benefits associated with the transaction will flow to the Company;
and
• the costs incurred or to be incurred in respect of the transaction can be measured reliably.

Specifically, revenue from the sale of goods is recognised when goods are delivered and legal title is passed.

Intangible fixed assets

Intangible fixed assets are carried at cost less accumulated amortisation and impairment losses.

Tangible fixed assets and depreciation

Tangible fixed assets held for the company's own use are stated at cost less accumulated depreciation and accumulated impairment losses.

At each balance sheet date, the company reviews the carrying amount of its tangible fixed assets to determine whether there is any indication that any items have suffered an impairment loss. If any such indication exists, the recoverable amount of an asset is estimated in order to determine the extent of the impairment loss.

Depreciation is provided at the following annual rates in order to write off the cost or valuation less the estimated residual value of each asset over its estimated useful life:

Plant and machinery

10% Straight line

Motor vehicles

20% Straight line

Furniture, fittings and equipment

25% Straight line

Taxation

Income tax expense represents the sum of the tax currently payable and deferred tax.

The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the profit and loss account because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. 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 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. Deferred tax liabilities are generally recognised for all taxable temporary differences. Deferred tax assets are generally recognised for all deductible timing differences to the extent that it is probable that taxable profits will be available against which those deductible temporary differences can be utilised. 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.

Current or deferred tax for the year is recognised in profit or loss, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case, the current and deferred tax is also recognised in other comprehensive income or directly in equity respectively.

Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. 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 inventories recognised as an expense in the period in which the reversal occurs.

Work in progress is reflected in the accounts on a contract by contract basis by recording revenue and related costs as contract activity progresses.

Trade and other debtors

Trade and other debtors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest method, less impairment losses for bad and doubtful debts.

Trade and other 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.

Defined contribution pensions

The Company operates a defined contribution plan for its employees. A defined contribution plan is a pension plan under which the company pays fixed contributions into a separate entity. Once the contributions have been paid the company has no further payments obligations.

The contributions are recognised as expenses when they fall due. Amounts not paid are shown in accruals in the balance sheet. The assets of the plan are held separately from the company in independently administered funds.

Provisions

Provisions are made where an event has taken place that gives the Company a legal or constructive obligation that probably requires settlement by a transfer of economic benefit, and a reliable estimate can be made of the amount of the obligation.

Provisions are charged as an expense to the profit and loss account in the year that the Company becomes aware of the obligation, and are measured at the best estimate at balance sheet date of the expenditure required to settle the obligation, taking into account relevant risks and uncertainties.

When payments are eventually made, they are charged to the provision carried in the balance sheet.

3	Employees
			2026	2025
			Number	Number
		The average monthly number of employees (including directors) during the year was:	7	7

4	Intangible fixed assets
			Other	Total
			£	£
		Cost
		At 1 April 2025	2,925	2,925


		At 31 March 2026	2,925	2,925
		Amortisation and impairment
		At 1 April 2025	536	536
		Charge for the year	585	585


		At 31 March 2026	1,121	1,121
		Net book values
		At 31 March 2026	1,804	1,804
		At 31 March 2025	2,389	2,389

5	Tangible fixed assets
			Plant and machinery	Motor vehicles	Fixtures, fittings and equipment	Total
			£	£	£	£
		Cost or revaluation
		At 1 April 2025	5,087	255,897	33,303	294,287
		Additions	3,005	-	1,171	4,176


		Disposals	(146)	(16,834)	(2,033)	(19,013)
		At 31 March 2026	7,946	239,063	32,441	279,450
		Depreciation
		At 1 April 2025	1,166	147,509	27,478	176,153
		Charge for the year	618	29,858	2,962	33,438


		Disposals	(33)	(16,272)	(1,479)	(17,784)
		At 31 March 2026	1,751	161,095	28,961	191,807
		Net book values
		At 31 March 2026	6,195	77,968	3,480	87,643
		At 31 March 2025	3,921	108,388	5,825	118,134

6	Stocks
			2026	2025
			£	£


		Finished goods	9,707	15,220
			9,707	15,220

7	Debtors
			2026	2025
			£	£
		Trade debtors	136,111	103,761




		Loans to directors	-	596
		Other debtors	750	750
		Prepayments and accrued income	21,729	18,239
			158,590	123,346

		Amounts included within Other debtors that fall due after more than one year	750	750

8	Creditors:
		amounts falling due within one year
			2026	2025
			£	£

		Bank loans and overdrafts	5,176	7,563


		Trade creditors	52,994	39,068

		Taxes and social security	79,919	61,225
		Loans from directors	8,198	-
		Other creditors	-	2,226
		Accruals and deferred income	31,851	16,035
			178,138	126,117

9	Creditors:
		amounts falling due after more than one year
			2026	2025
			£	£

		Bank loans and overdrafts	-	48,908






			-	48,908

Share Capital

Fully paid 80 ordinary shares @ nominal value £1 per share

11	Reserves
			Capital redemption reserve	Total other reserves
			£	£
		At 1 April 2024	20	20



		At 31 March 2025 and 1 April 2025	20	20



		At 31 March 2026	20	20


		Capital redemption reserve - records the nominal value of shares repurchased by the company.

		Profit and loss account - includes all current and prior period retained profits and losses.

12	Guarantees and commitments
			2026	2025
			£	£




		Pension commitments, included in above total	-	2,178

		The company operates a defined contribution pension scheme, Royal London Pension Scheme, for the directors and senior employees. The assets of the scheme are held separately from those of the company in an independently administered fund. At the balance sheet date, unpaid contributions of £0 (2025 – £2,178) were due to the fund. They are included in other creditors.

Related party disclosures

Transactions with related parties

The immediate and ultimate parent undertaking and controlling party is Monarch Air Conditioning Ltd, which is is exempt under section 399(2A) of the Companies Act 2006 from the requirement to prepare consolidated financial statements as the group is small.
The registered office of Monarch Air Conditioning Ltd is Regal House, Upham Street, Upham, Hampshire, SO32 1JA.