Regal Magpie Limited 31/05/2023 iXBRL

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Company registration number: 09575159

Regal Magpie Limited

Unaudited filleted financial statements

31 May 2023

Regal Magpie Limited

Contents

Directors and other information

Accountant's report

Statement of financial position and notes to the financial statements

Regal Magpie Limited

Directors and other information


	Directors	Mr Alasdair Felton
		Mrs Annabel Felton


	Company number	09575159


	Registered office	11 St Edmunds Apartments
		Lower Baxter Street
		Bury St Edmunds
		Suffolk
		IP33 1EF


	Business address	11 St Edmunds Apartments
		Lower Baxter Street
		Bury St Edmunds
		Suffolk
		IP33 1EF


	Accountant	Accendo Accountants Limited
		Chamberlain House
		10-12 High Street
		Bagshot
		Surrey
		GU19 5AE

Regal Magpie Limited

Report to the board of directors on the preparation of the

unaudited statutory financial statements of Regal Magpie Limited

Year ended 31 May 2023

In order to assist you to fulfil your duties under the Companies Act 2006, I have prepared for your approval the financial statements of Regal Magpie Limited for the year ended 31 May 2023 which comprise the statement of financial position and related notes from the company's accounting records and from information and explanations you have given me.

As a practising member of the Association of Chartered Certified Accountants , I am subject to its ethical and other professional requirements which are detailed at http://www.accaglobal.com/en/member/ professional-standards/ rules-standards/acca-rulebook.html.

This report is made solely to the board of directors of Regal Magpie Limited, as a body, in accordance with the terms of my engagement letter dated 15 February 2024. My work has been undertaken solely to prepare for your approval the financial statements of Regal Magpie Limited and state those matters that we have agreed to state to the board of directors of Regal Magpie Limited as a body, in this report in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at http://www.accaglobal.com/content/dam/ACCA_Global /Technical/fact/technical-factsheet-163.pdf. To the fullest extent permitted by law, I do not accept or assume responsibility to anyone other than Regal Magpie Limited and its board of directors as a body for my work or for this report.

It is your duty to ensure that Regal Magpie Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and loss of Regal Magpie Limited. You consider that Regal Magpie Limited is exempt from the statutory audit requirement for the year.

I have not been instructed to carry out an audit or a review of the financial statements of Regal Magpie Limited. For this reason, I have not verified the accuracy or completeness of the accounting records or information and explanations you have given to me and I do not, therefore, express any opinion on the statutory financial statements.

Accendo Accountants Limited

Chartered Certified Accountants

Chamberlain House

10-12 High Street

Bagshot

Surrey

GU19 5AE

15 February 2024

Regal Magpie Limited

Statement of financial position

31 May 2023

	2023	2022
	£	£

Fixed assets	366,013	366,152
	_______	_______

Current assets	13,105	13,897

Creditors: amounts falling due within one year	( 341,624)	( 339,426)
	_______	_______

Net current liabilities	( 328,519)	( 325,529)
	_______	_______

Total assets less current liabilities	37,494	40,623

Accruals and deferred income	( 600)	( 600)

	_______	_______
Net assets	36,894	40,023
	_______	_______

Capital and reserves	36,894	40,023
	_______	_______

Notes to the financial statements

Regal Magpie Limited

Year ended 31 May 2023

1. Directors advances, credits and guarantees

	During the year the directors entered into the following advances and credits with the company:

2023
		Balance brought forward	Advances /(credits) to the directors	Balance o/standing
		£	£	£
	Mr Alasdair Felton	( 169,713)	( 1,099)	( 170,812)
	Mrs Annabel Felton	( 169,713)	( 1,099)	( 170,812)
		_______	_______	_______
		( 339,426)	( 2,198)	( 341,624)
		_______	_______	_______

2022
		Balance brought forward	Advances /(credits) to the directors	Balance o/standing
		£	£	£
	Mr Alasdair Felton	( 172,859)	3,146	( 169,713)
	Mrs Annabel Felton	( 172,859)	3,146	( 169,713)
		_______	_______	_______
		( 345,718)	6,292	( 339,426)
		_______	_______	_______

For the year ending 31 May 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors responsiblities:

- The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476.

- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

The financial statements have been prepared in accordance with the micro-entity provisions and have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

These financial statements were approved by the board of directors and authorised for issue on 15 February 2024 , and are signed on behalf of the board by:

Mrs Annabel Felton

Director

Company registration number: 09575159

The company is a private company limited by shares, registered in England.