Company Registration No. 01364788 (England and Wales)
Regal Motors (Ashington) Limited
Unaudited accounts
for the period from 1 November 2024 to 31 March 2026
Regal Motors (Ashington) Limited
Statement of financial position
as at 31 March 2026
Investment property
-
175,000
Investments
1,462,350
773,600
Cash at bank and in hand
169,648
3,236
Creditors: amounts falling due within one year
(129,019)
(982)
Net current assets
316,680
255,031
Total assets less current liabilities
1,779,030
1,269,423
Provisions for liabilities
Net assets
1,779,030
1,156,912
Called up share capital
30,001
30,001
Profit and loss account
1,749,029
1,126,911
Shareholders' funds
1,779,030
1,156,912
For the period ending 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 director acknowledges her 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 and authorised for issue on 23 July 2026 and were signed on its behalf by
C L Trevithick
Director
Company Registration No. 01364788
Regal Motors (Ashington) Limited
Notes to the Accounts
for the period from 1 November 2024 to 31 March 2026
Regal Motors (Ashington) Limited is a private company, limited by shares, registered in England and Wales, registration number 01364788. The registered office is 8 LINNET COURT, CAWLEDGE BUSINESS PARK, ALNWICK, NORTHUMBERLAND, NE66 2GD, ENGLAND.
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.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous period, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has not been provided for in these accounts on the basis that recent valuation reflects fair value.
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Tangible fixed assets
Land & buildings
Fair value at 1 November 2024
175,000
Investment properties were sold in the financial period.
Regal Motors (Ashington) Limited
Notes to the Accounts
for the period from 1 November 2024 to 31 March 2026
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Investments
Other investments
Valuation at 1 November 2024
773,600
Fair value adjustments
423,908
Valuation at 31 March 2026
1,462,350
Investments are company held bonds uplifted from amounts invested to actual market value at the balance sheet date.
Amounts falling due within one year
Accrued income and prepayments
-
13,527
Amounts falling due after more than one year
Accrued income and prepayments
68,495
55,250
Other debtors
207,556
170,000
8
Creditors: amounts falling due within one year
2026
2024
Taxes and social security
129,019
-
Loans from directors
-
262
Brought
Forward
Advance/
credit
Repaid
Carried
Forward
Director's loan account
184,000
41,418
17,862
207,556
184,000
41,418
17,862
207,556
Interest is charged at the official rates.
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Average number of employees
During the period the average number of employees was 1 (2024: 1).