REGISTERED NUMBER: 09943581 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 December 2025

for

Milton Regent Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

J M Richards

M Richards

P Sanghera

REGISTERED OFFICE:

2 Cricklade Court

Old Town

Swindon

Wiltshire

SN1 3EY

REGISTERED NUMBER:

09943581 (England and Wales)

ACCOUNTANTS:

Morley & Co (UK) Ltd

Chartered Certified Accountants,

2 Cricklade Court

Old Town

Swindon

Wiltshire

SN1 3EY

FIXED ASSETS

Tangible assets

4

190

608

Investments

5

43,815

17,219

Investment property

6

688,664

588,664

732,669

606,491

CURRENT ASSETS

Cash at bank

20,348

13,904

CREDITORS

Amounts falling due within one year

7

262,606

232,312

NET CURRENT LIABILITIES

(242,258

)

(218,408

)

TOTAL ASSETS LESS CURRENT LIABILITIES

490,411

388,083

CREDITORS

Amounts falling due after more than one year

8

(220,022

)

(269,113

)

PROVISIONS FOR LIABILITIES

(56,750

)

(31,750

)

NET ASSETS

213,639

87,220

CAPITAL AND RESERVES

Called up share capital

300

300

Fair value reserve

10

170,250

95,250

Retained earnings

43,089

(8,330

)

SHAREHOLDERS' FUNDS

213,639

87,220

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2025 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 7 October 2026 and were signed on its behalf by:

M Richards - Director

1.	STATUTORY INFORMATION

Milton Regent 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.

Turnover

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

Tangible fixed assets

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

Fixtures and fittings

-

20% on cost

Investment property

Certain of the company's properties are held for long-term investment. Investment properties are accounted for as follows:

Investment properties are initially recognised at cost which includes purchase cost and any directly attributable expenditure. Investment properties whose fair value can be measured reliably are measured at fair value. The surplus or deficit on revaluation is recognised in the profit and loss account accumulated in the profit and loss reserve unless a deficit below original cost, or its reversal, on an individual investment property is expected to be permanent, in which case it is recognised in the profit and loss account for the year.

Financial instruments

Basic financial instruments, including trade and other receivables and payables, cash and bank balances, bank loans and loans to or from other group companies are initially recognised at transaction price, unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Such assets are subsequently carried at amortised cost using the effective interest method.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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.

Investments

Equity investments are recognised initially at fair value which is normally the transaction price (but excludes any transaction costs,where the investment is subsequently measured at fair value through profit and loss). Subsequently, they are measured at fair value through profit or loss except for those equity investments that are not publicly traded and whose fair value cannot otherwise be measured reliably which are recognised at cost less impairment until a reliable measure of fair value becomes available. If a reliable measure of fair value is no longer available, the equity instrument’s fair value on the last date the instrument was reliably measurable is treated as the cost of the instrument.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2024 - 3 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

and

fittings

£

COST

At 1 January 2025

and 31 December 2025

4,577

DEPRECIATION

At 1 January 2025

3,969

Charge for year

418

At 31 December 2025

4,387

NET BOOK VALUE

At 31 December 2025

190

At 31 December 2024

608

5.	FIXED ASSET INVESTMENTS

Other

investments

£

COST OR VALUATION

At 1 January 2025

17,219

Additions

1,186

Revaluations

25,410

At 31 December 2025

43,815

NET BOOK VALUE

At 31 December 2025

43,815

At 31 December 2024

17,219

Cost or valuation at 31 December 2025 is represented by:

Other

investments

£

Valuation in 2025

13,468

Cost

30,347

43,815

6.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 January 2025

588,664

Revaluations

100,000

At 31 December 2025

688,664

NET BOOK VALUE

At 31 December 2025

688,664

At 31 December 2024

588,664

Fair value at 31 December 2025 is represented by:

£

Valuation in 2025

227,000

Cost

461,664

688,664

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade creditors

-

6,920

Taxation and social security

6,894

-

Other creditors

255,712

225,392

262,606

232,312

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Other creditors

220,022

269,113

Amounts falling due in more than five years:

Repayable by instalments

Mortgage > 5 years

183,117

192,298

9.	SECURED DEBTS

The following secured debts are included within creditors:

2025

2024

£

£

Mortgages

229,024

192,298

Aldermore Bank PLC & Paragon Bank PLC both hold fixed & floating charges over certain investment properties owned.

10.

RESERVES

Fair

value

reserve

£

At 1 January 2025

95,250

Revaluation on investments

75,000

At 31 December 2025

170,250