| Regeneration (UK) Ltd |
| Registered number: |
07490560 |
| Balance Sheet |
| as at 31 March 2021 |
|
| Notes |
|
|
2021 |
|
|
2020 |
| £ |
£ |
| Current assets |
| Debtors |
4 |
|
38,028,086 |
|
|
33,844,369 |
| Cash at bank and in hand |
|
|
256,117 |
|
|
46,650 |
|
|
|
38,284,203 |
|
|
33,891,019 |
|
| Creditors: amounts falling due within one year |
5 |
|
(51,305,340) |
|
|
(41,182,176) |
|
| Net current liabilities |
|
|
|
(13,021,137) |
|
|
(7,291,157) |
|
| Total assets less current liabilities |
|
|
|
(13,021,137) |
|
|
(7,291,157) |
|
| Creditors: amounts falling due after more than one year |
6 |
|
|
(369,394) |
|
|
(430,306) |
|
|
|
| Net liabilities |
|
|
|
(13,390,531) |
|
|
(7,721,463) |
|
|
|
|
|
|
|
|
| Capital and reserves |
| Called up share capital |
|
|
|
3 |
|
|
3 |
| Profit and loss account |
|
|
|
(13,390,534) |
|
|
(7,721,466) |
|
| Shareholders' funds |
|
|
|
(13,390,531) |
|
|
(7,721,463) |
|
|
|
|
|
|
|
|
| The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006. |
| The members have not required the company to obtain an audit in accordance with section 476 of the Act. |
| The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts. |
| The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies. |
|
|
|
|
| Jason Blain |
| Director |
| Approved by the board on 20 June 2022 |
|
| Regeneration (UK) Ltd |
| Notes to the Accounts |
| for the year ended 31 March 2021 |
|
|
| 1 |
Accounting policies |
|
|
Basis of preparation |
|
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard). |
|
| 2 |
Going concern |
|
The director believes it is appropriate for the accounts to be prepared on a going concern basis on the grounds that the company's existing sources of funding which include the director and related company will remain in place for the foreseeable future. There will also be self generated funding from initial development of a minority of the site, with longer term plans still being formulated for the much larger remainder. Full investment returns will be over this longer horizon. |
|
|
|
| 3 |
Employees |
2021 |
|
2020 |
| Number |
Number |
|
|
Average number of persons employed by the company |
2 |
|
2 |
|
|
|
|
|
|
|
|
|
|
| 4 |
Debtors |
2021 |
|
2020 |
| £ |
£ |
|
|
Amounts owed by group undertakings and undertakings in which the company has a participating interest |
|
35,873,480 |
|
28,855,456 |
|
Other debtors |
2,154,606 |
|
4,988,913 |
|
|
|
|
|
|
38,028,086 |
|
33,844,369 |
|
|
|
|
|
|
|
|
|
|
| 5 |
Creditors: amounts falling due within one year |
2021 |
|
2020 |
| £ |
£ |
|
|
Trade creditors |
82,907 |
|
30,712 |
|
Taxation and social security costs |
2,433 |
|
1,864 |
|
Other creditors |
51,220,000 |
|
41,149,600 |
|
|
|
|
|
|
51,305,340 |
|
41,182,176 |
|
|
|
|
|
|
|
|
|
|
| 6 |
Creditors: amounts falling due after one year |
2021 |
|
2020 |
| £ |
£ |
|
|
Other creditors |
369,394 |
|
430,306 |
|
|
|
|
|
|
|
|
|
|
| 7 |
Other information |
|
|
Regeneration (UK) Ltd is a private company limited by shares and incorporated in England. Its registered office is: The St. Btotolph Building,138 Houndsditch, London EC3A 7AR |
