Abbreviated Company Accounts - REGENCY ENTERPRISES (SOUTH WEST) LIMITED

REGENCY ENTERPRISES (SOUTH WEST) LIMITED - Company Information

05263809 REGENCY ENTERPRISES (SOUTH WEST) LIMITED 2014-05-31 false 2013-06-01 2014-05-31 true 05263809 2013-06-01 2014-05-31 05263809 2014-05-31 05263809 2013-05-31 05263809 uk-gaap-cd-bus:Director1 2013-06-01 2014-05-31 05263809 uk-gaap-cd-bus:Director2 2013-06-01 2014-05-31 uk-gaap-cd-bus:Director3 2013-06-01 2014-05-31 uk-gaap-cd-bus:Director3 2014-05-31 uk-gaap-cd-bus:Director3 2013-05-31 uk-gaap-cd-bus:OrdinaryShareClass1 2013-06-01 2014-05-31 uk-gaap-cd-bus:OrdinaryShareClass1 2014-05-31 uk-gaap-cd-bus:OrdinaryShareClass1 2013-05-31 iso4217:GBP shares

Registered Number 05263809

REGENCY ENTERPRISES (SOUTH WEST) LIMITED

Abbreviated Accounts

31 May 2014

REGENCY ENTERPRISES (SOUTH WEST) LIMITED Registered Number 05263809

Abbreviated Balance Sheet as at 31 May 2014

	Notes	2014	2013
		£	£
Fixed assets
Tangible assets	2	132,579	133,223
		132,579	133,223
Current assets
Debtors		7,459	3,246
		7,459	3,246
Creditors: amounts falling due within one year	3	(27,646)	(23,535)
Net current assets (liabilities)		(20,187)	(20,289)
Total assets less current liabilities		112,392	112,934
Creditors: amounts falling due after more than one year	3	(50,027)	(59,864)
Total net assets (liabilities)		62,365	53,070
Capital and reserves
Called up share capital	4	100	100
Revaluation reserve		31,385	31,385
Profit and loss account		30,880	21,585
Shareholders' funds		62,365	53,070

For the year ending 31 May 2014 the company was entitled to exemption 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 directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

Approved by the Board on 20 February 2015

And signed on their behalf by:
Mr PF R Hawkins, Director

REGENCY ENTERPRISES (SOUTH WEST) LIMITED Registered Number 05263809

Notes to the Abbreviated Accounts for the period ended 31 May 2014

1Accounting Policies

Basis of measurement and preparation of accounts
The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities effective April 2008.

Turnover policy
Turnover represents amounts chargeable in respect of property rental due from its tenants

Tangible assets depreciation policy
Depreciation is provided on tangible fixed assets so as to write off the cost or valuation less any estimated residual value, over their expected economic life

Valuation information and policy
Certain of the company's properties are held for long-term investment. Investment properties are accounted for in accordance with the FRSSE as follows: No depreciation is provided in respect of investment properties and they are revalued annually.

2Tangible fixed assets

	£
Cost
At 1 June 2013	139,417
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 31 May 2014	139,417
Depreciation
At 1 June 2013	6,194
Charge for the year	644
On disposals	-
At 31 May 2014	6,838
Net book values
At 31 May 2014	132,579
At 31 May 2013	133,223

3Creditors

	2014 £	2013 £
Secured Debts	10,748	18,272

4Called Up Share Capital
Allotted, called up and fully paid:

	2014 £	2013 £
100 Ordinary shares of £1 each	100	100

5Transactions with directors

Name of director receiving advance or credit:	Mr P F R Hawkins
Description of the transaction:	Credit
Balance at 1 June 2013:	£ 1,975
Advances or credits made:	£ 115
Advances or credits repaid:	-
Balance at 31 May 2014:	£ 2,090

At the balance sheet date the amount due to Mr P F R Hawkins was £2,090