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Registered number: 02120969
Regent Investments Limited
Unaudited Financial Statements
For The Year Ended 31 March 2025
THE BUBB SHERWIN PARTNERSHIP LTD
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 02120969
2025 2024
Notes £ £ £ £
FIXED ASSETS
Intangible Assets 4 10,000 10,000
Tangible Assets 5 5,765,094 5,552,111
5,775,094 5,562,111
CURRENT ASSETS
Debtors 6 - 826
Cash at bank and in hand 704,965 753,764
704,965 754,590
Creditors: Amounts Falling Due Within One Year 7 (279,583 ) (273,075 )
NET CURRENT ASSETS (LIABILITIES) 425,382 481,515
TOTAL ASSETS LESS CURRENT LIABILITIES 6,200,476 6,043,626
Creditors: Amounts Falling Due After More Than One Year 1 -
PROVISIONS FOR LIABILITIES
Deferred Taxation 8 (421,787 ) (421,787 )
NET ASSETS 5,778,690 5,621,839
CAPITAL AND RESERVES
Called up share capital 9 1,000 1,000
Fair value reserve 12 2,339,547 2,339,547
Profit and Loss Account 3,438,143 3,281,292
SHAREHOLDERS' FUNDS 5,778,690 5,621,839
Page 1
Page 2
For the year ending 31 March 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his 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.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
Mr Majnoor Rashid
Director
06/11/2025
The notes on pages 3 to 5 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Regent Investments Limited is a private company, limited by shares, incorporated in England & Wales, registered number 02120969 . The registered office is 35 Rodway Road Bromley, Kent, BR1 3JP.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from rental income and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.
Rendering of services
Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.
2.3. Intangible Fixed Assets and Amortisation - Goodwill
Goodwill is the difference between amounts paid on the acquisition of a business and the fair value of the separable net assets. It is not being amortised at this time.
2.4. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Fixtures & Fittings 15% reducing balance
2.5. Investment Properties
All investment properties are carried at fair value determined annually and derived from the current market rents and investment property yields for comparable real estate, adjusted if necessary for any difference in the nature, location or condition of the specific asset. No depreciation is provided for. Changes in fair value are recognised in the profit and loss account.
2.6. 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 statement of comprehensive income 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 timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing 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. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and assets reflect the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.
Current and deferred tax are recognised in profit or loss for the year, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case current and deferred tax are recognised in other comprehensive income or directly in equity respectively.
Page 3
Page 4
3. Average Number of Employees
Average number of employees, including directors, during the year was: 4 (2024: 4)
4 4
4. Intangible Assets
Goodwill
£
Cost
As at 1 April 2024 10,000
As at 31 March 2025 10,000
Net Book Value
As at 31 March 2025 10,000
As at 1 April 2024 10,000
5. Tangible Assets
Investment Properties Fixtures & Fittings Total
£ £ £
Cost or Valuation
As at 1 April 2024 5,552,000 1,179 5,553,179
Additions 213,000 - 213,000
As at 31 March 2025 5,765,000 1,179 5,766,179
Depreciation
As at 1 April 2024 - 1,068 1,068
Provided during the period - 17 17
As at 31 March 2025 - 1,085 1,085
Net Book Value
As at 31 March 2025 5,765,000 94 5,765,094
As at 1 April 2024 5,552,000 111 5,552,111
Investment properties at valuation
6. Debtors
2025 2024
£ £
Due within one year
Other debtors - 826
7. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Corporation tax 68,729 91,186
Other taxes and social security 502 235
Other creditors 34,265 34,000
Accruals and deferred income 2,706 2,580
Director's loan account 173,381 145,074
279,583 273,075
Page 4
Page 5
8. Deferred Taxation
The provision for deferred tax  relates to the uplift in value of Investment properties:
2025 2024
£ £
Other timing differences 421,787 421,787
9. Share Capital
2025 2024
£ £
Allotted, Called up and fully paid 1,000 1,000
10. Directors Advances, Credits and Guarantees
Included within Debtors are the following loans to directors:
As at 1 April 2024 Amounts advanced Amounts repaid Amounts written off As at 31 March 2025
£ £ £ £ £
Mr Majnoor Rashid (145,074 ) - - - -
The above loan is unsecured, interest free and repayable on demand.
11. Dividends
2025 2024
£ £
On equity shares:
Final dividend paid 45,000 45,000
12. Reserves
Fair Value Reserve
£
As at 1 April 2024 2,339,547
As at 31 March 2025 2,339,547
Page 5