Regal House Investments Limited - Accounts to registrar - small 17.2

REGISTERED NUMBER: 06036788 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31st December 2016

for

REGAL HOUSE INVESTMENTS LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

SD Bullingham

WVP Bullingham

SECRETARY:

SD Bullingham

REGISTERED OFFICE:

5 Tebbit Mews

Winchcombe Street

Cheltenham

Gloucestershire

GL52 2NF

REGISTERED NUMBER:

06036788 (England and Wales)

ACCOUNTANTS:

Davies Mayers Barnett LLP

Pillar House

113/115 Bath Road

Cheltenham

Gloucestershire

GL53 7LS

CURRENT ASSETS

Debtors

5

313

1

Cash at bank

350

1,145

663

1,146

CREDITORS

Amounts falling due within one year

6

(288,414

)

(288,586

)

NET CURRENT LIABILITIES

(287,751

)

(287,440

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(287,751

)

(287,440

)

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

(287,851

)

(287,540

)

SHAREHOLDERS' FUNDS

(287,751

)

(287,440

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st December 2016.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st December 2016 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

In accordance with Section 444 of the Companies Act 2006, the Profit and Loss Account has not been delivered.

The financial statements were approved by the Board of Directors on 29th September 2017 and were signed on its behalf by:

SD Bullingham - Director

1.	STATUTORY INFORMATION

Regal House Investments Limited is a private company, limited by shares , registered in England and Wales. The

company's registered number and registered office address can be found on the Company Information page.

The presentation currency of the financial statements is the Pound Sterling (£).

2.	STATEMENT OF COMPLIANCE

These financial statements have been prepared in accordance with the provisions of Section 1A "Small Entities" of Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006. Details of adjustments made on transition to FRS 102 are disclosed in the First Year Adoption note.

3.	ACCOUNTING POLICIES

Basis of preparing the financial statements

The financial statements have been prepared under the historical cost convention.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Profit and Loss Account,

except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or

substantively enacted by the balance sheet date.

Short term debtors and creditors

Short term debtors and creditors with no stated interest rate are recorded at transaction price. Any losses arising

from impairment are recognised in profit or loss.

Impairment

Assets not measured at fair value are reviewed for any indication that the asset may be impaired at each balance

sheet date. If such indication exists, the recoverable amount of the asset, or the asset's cash generating unit, is

estimated and compared to the carrying amount. Where the carrying amount exceeds its recoverable amount, an

impairment loss is recognised in profit or loss unless the asset is carried at a revalued amount where the

impairment loss is a revaluation decrease.

Provisions

Provisions are recognised when the company has an obligation at the balance sheet date as a result of a past

event, it is probable that an outflow of economic benefits will be required in settlement and the amount can be

reliably estimated.

4.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2015 - 2 ) .

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2016

2015

£

£

Other debtors

313

1

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2016

2015

£

£

Trade creditors

17,572

22,815

Other creditors

270,842

265,771

288,414

288,586

7.	OTHER FINANCIAL COMMITMENTS

As at 31st March 2017 the company had total guarantees, contingencies and commitments of £Nil (2016: £Nil).

8.	RELATED PARTY DISCLOSURES

At the balance sheet date, amounts were owed to directors totalling £196,903 (2015: £196,932). No interest was

charged on these amounts during the current or previous year.

9.	FIRST YEAR ADOPTION

This year is the first year the company has presented its results under FRS 102. The last financial statements

prepared under the previous UK GAAP were for the year ended 31st December 2015. The date of transition to

FRS 102 was 1st January 2015.

No material adjustments have been noted on transition to FRS 102.