Reagher Limited - Accounts to registrar (filleted)

REGISTERED NUMBER: 00648960 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2026

FOR

REAGHER LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mrs R Ani

M E Ani

SECRETARY:

Mrs R Ani

REGISTERED OFFICE:

Flat 9 Vale Court

Maida Vale

London

W9 1RT

REGISTERED NUMBER:

00648960 (England and Wales)

FIXED ASSETS

Tangible assets

4

105,471

107,623

Investment property

5

550,000

655,471

657,623

CURRENT ASSETS

Debtors

6

154,776

141,891

Cash at bank

876,557

987,508

1,031,333

1,129,399

CREDITORS

Amounts falling due within one year

7

14,337

14,818

NET CURRENT ASSETS

1,016,996

1,114,581

TOTAL ASSETS LESS CURRENT
LIABILITIES

1,672,467

1,772,204

PROVISIONS FOR LIABILITIES

620

NET ASSETS

1,671,847

1,771,584

CAPITAL AND RESERVES

Called up share capital

100,000

Retained earnings

1,571,847

1,671,584

1,671,847

1,771,584

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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 9 September 2026 and were signed on its behalf by:

M E Ani - Director

1.	STATUTORY INFORMATION

Reagher 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.

The presentation currency of the financial statements is the Pound Sterling (£).

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.

Going concern

These financial statements have been prepared on a going concern basis.

The directors have assessed various factors and risks affecting the company and its ability in these difficult economic times to continue to trade as a going concern. The directors have not identified any material uncertainties or risks related to events or conditions that could affect the carrying value of the company's assets and liabilities as at the balance sheet date and therefore the financial statements for the year ended 31 March 2026.

Significant judgements and estimates

In the application of the company's accounting policies, management is required to make judgements, estimates and assumptions about the carrying values of assets and liabilities that are not readily apparent from other sources. The estimates and underlying assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from those estimates. The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised if the revision affects only that period, or in the period of the revision and future periods if the revision affects both current and future periods.

Critical judgements in applying the company's accounting policies

The critical judgements that the directors have made in the process of applying the company's accounting policies that have the most significant effect on the amounts recognised in the statutory financial statements are discussed below:

(i) Assessing indicators and impairment

In assessing whether there have been any indicators or impairment of assets, the directors have considered both external and internal sources of information such as market conditions, counterparty credit ratings and experience of recoverability. There have been no indicators or impairments identified during the current financial year.

Key sources of estimation uncertainty

The key assumptions concerning the future, and other key sources of estimation uncertainty that have a significant risk of causing material adjustment to the carrying amounts of assets and liabilities within the next financial year are discussed below.

(i) Valuation of investment property

The directors review the value of the investment property on an annual basis. Through informal discussions with property experts and an assessment of the property market, the financial statements are updated to reflect any material increase or decrease in value.

Turnover

Turnover is measured at the fair value of the consideration received or receivable. Turnover comprises property rental income.

Tangible fixed assets

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

Land and buildings

-

2% on cost

Investment property

Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

In accordance with FRS 102, the investment property is carried at fair value and is not depreciated. This constitutes a departure from the Companies Act 2006, which requires depreciation to be provided. The directors believe the departure is necessary to give a true and fair view and that any impact of depreciation would be immaterial to the financial statements.

Financial instruments

The directors consider all financial instruments to be basic financial instruments in accordance with paragraph 11 of FRS 102. All basic financial instruments including trade and other debtors, cash and cash equivalents, and trade and other creditors, are initially recognised at transaction price and thereafter stated at amortised cost.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

3.	EMPLOYEES AND DIRECTORS

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

4.	TANGIBLE FIXED ASSETS

Land and

buildings

£

COST

At 1 April 2025

and 31 March 2026

139,522

DEPRECIATION

At 1 April 2025

31,899

Charge for year

2,152

At 31 March 2026

34,051

NET BOOK VALUE

At 31 March 2026

105,471

At 31 March 2025

107,623

5.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 April 2025

and 31 March 2026

550,000

NET BOOK VALUE

At 31 March 2026

550,000

At 31 March 2025

550,000

The investment property is stated at a valuation by the directors as at 31 March 2026.

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.26

31.3.25

£

Other debtors

154,776

141,891

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.26

31.3.25

£

Taxation and social security

10,917

11,718

Other creditors

3,420

3,100

14,337

14,818

8.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 March 2026 and 31 March 2025:

31.3.26

31.3.25

£

M E Ani

Balance outstanding at start of year

141,891

157,579

Amounts advanced

154,885

144,312

Amounts repaid

(142,000

)

(160,000

)

Amounts written off

-

Amounts waived

-

Balance outstanding at end of year

154,776

141,891

Interest of £4,297 (2025: £3,149) has been charged whilst the account was over drawn at a rate of 3.75%. This amount has been provided unsecured and is effectively repayable on demand.