John Regan Associates Limited

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—5

Registered number: 04857809

		2025		2024 as restated
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		175		262

			175		262
CURRENT ASSETS
Debtors	5	-		9,148
Cash at bank and in hand		1,941		59,502

		1,941		68,650
Creditors: Amounts Falling Due Within One Year	6	912		(63,374 )

NET CURRENT ASSETS (LIABILITIES)			2,853		5,276

TOTAL ASSETS LESS CURRENT LIABILITIES			3,028		5,538

NET ASSETS			3,028		5,538

CAPITAL AND RESERVES
Called up share capital	7		50		50
Profit and Loss Account			2,978		5,488

SHAREHOLDERS' FUNDS			3,028		5,538

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John Regan Associates Limited

Balance Sheet (continued)

As At 28 February 2025

For the year ending 28 February 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 John Regan

Director

19/11/2025

The notes on pages 3 to 5 form part of these financial statements.

1. General Information

John Regan Associates Limited is a private company, limited by shares, incorporated in England & Wales, registered number 04857809 . The registered office is 1 Brunswick Road, Withington, Manchester, M20 4GA.

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 the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.

Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.

Revenue recognition

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. 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	25% SLM
Computer Equipment	25% SLM

2.4. Foreign Currencies

Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate ruling on the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 2 (2024: 2)

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John Regan Associates Limited

Notes to the Financial Statements (continued)

For The Year Ended 28 February 2025

4. Tangible Assets

	Fixtures & Fittings	Computer Equipment	Total
	£	£	£
Cost
As at 1 March 2024	215	4,210	4,425

As at 28 February 2025	215	4,210	4,425

Depreciation
As at 1 March 2024	215	3,948	4,163
Provided during the period	-	87	87

As at 28 February 2025	215	4,035	4,250

Net Book Value
As at 28 February 2025	-	175	175

As at 1 March 2024	-	262	262

5. Debtors

	2025	2024 as restated
	£	£
Due within one year
Trade debtors	-	9,148

6. Creditors: Amounts Falling Due Within One Year

	2025	2024 as restated
	£	£
Trade creditors	-	19,088
Corporation tax	(3,422 )	6,654
VAT	1,614	19,706
Accruals and deferred income	800	700
Director's loan account	96	17,226

	(912 )	63,374

7. Share Capital

	2025	2024 as restated
	£	£
Allotted, Called up and fully paid	50	50

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John Regan Associates Limited

Notes to the Financial Statements (continued)

For The Year Ended 28 February 2025

8. Dividends

	2025	2024 as restated
	£	£
On equity shares:
Final dividend paid	4,500	11,000

9. Related Party Transactions

The company was under the control of the director throughout the current and previous year. Mr Regan is the managing director and sole shareholder of the company.

During the year the company paid Mr Regan £960 ( PY:£1440) as a contribution towards the costs of operating the business from his premises.

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