Abbreviated Company Accounts - REGENCY ENTERPRISES (SOUTH WEST) LIMITED

REGENCY ENTERPRISES (SOUTH WEST) LIMITED - Company Information

05263809 REGENCY ENTERPRISES (SOUTH WEST) LIMITED 2016-05-31 false 2015-06-01 2016-05-31 true 05263809 2015-06-01 2016-05-31 05263809 2016-05-31 05263809 2015-05-31 05263809 uk-gaap-cd-bus:Director1 2015-06-01 2016-05-31 05263809 uk-gaap-cd-bus:Director2 2015-06-01 2016-05-31 uk-gaap-cd-bus:OrdinaryShareClass1 2015-06-01 2016-05-31 uk-gaap-cd-bus:OrdinaryShareClass1 2016-05-31 uk-gaap-cd-bus:OrdinaryShareClass1 2015-05-31 iso4217:GBP shares

Registered Number 05263809

REGENCY ENTERPRISES (SOUTH WEST) LIMITED

Abbreviated Accounts

31 May 2016

REGENCY ENTERPRISES (SOUTH WEST) LIMITED Registered Number 05263809

Abbreviated Balance Sheet as at 31 May 2016

	Notes	2016	2015
		£	£
Fixed assets
Tangible assets	2	131,494	131,963
		131,494	131,963
Current assets
Debtors		2,131	1,900
		2,131	1,900
Creditors: amounts falling due within one year		(22,765)	(22,782)
Net current assets (liabilities)		(20,634)	(20,882)
Total assets less current liabilities		110,860	111,081
Creditors: amounts falling due after more than one year		(29,153)	(39,792)
Total net assets (liabilities)		81,707	71,289
Capital and reserves
Called up share capital	3	100	100
Revaluation reserve		31,385	31,385
Profit and loss account		50,222	39,804
Shareholders' funds		81,707	71,289

For the year ending 31 May 2016 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 23 January 2017

And signed on their behalf by:
Mr PFR Hawkins, Director

REGENCY ENTERPRISES (SOUTH WEST) LIMITED Registered Number 05263809

Notes to the Abbreviated Accounts for the period ended 31 May 2016

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 useful economic life

2Tangible fixed assets

	£
Cost
At 1 June 2015	139,417
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 31 May 2016	139,417
Depreciation
At 1 June 2015	7,454
Charge for the year	469
On disposals	-
At 31 May 2016	7,923
Net book values
At 31 May 2016	131,494
At 31 May 2015	131,963

3Called Up Share Capital
Allotted, called up and fully paid:

	2016 £	2015 £
100 Ordinary shares of £1 each	100	100