Micro-entity Accounts - REGENERATION (UK) LIMITED

REGENERATION (UK) LIMITED - Company Information

07490560 REGENERATION (UK) LIMITED 2017-03-31 false 2016-02-01 2017-03-31 true 07490560 2016-02-01 2017-03-31 07490560 2017-03-31 07490560 2016-01-31 07490560 uk-gaap-cd-bus:Director1 2016-02-01 2017-03-31 07490560 uk-gaap-cd-bus:Director2 2016-02-01 2017-03-31 07490560 uk-gaap-cd-bus:AllEntityOfficers 2016-02-01 2017-03-31 iso4217:GBP shares

Registered Number 07490560

REGENERATION (UK) LIMITED

Micro-entity Accounts

31 March 2017

REGENERATION (UK) LIMITED Registered Number 07490560

Micro-entity Balance Sheet as at 31 March 2017

	31/03/2017	31/01/2016
	£	£
Current Assets	15,859	10,740
Creditors: amounts falling due within one year	(1,100,702)	(681,037)
Net current assets (liabilities)	(1,084,843)	(670,297)
Total assets less current liabilities	(1,084,843)	(670,297)
Total net assets (liabilities)	(1,084,843)	(670,297)
Capital and reserves	(1,084,843)	(670,297)

For the year ending 31 March 2017 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 Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared in accordance with the micro-entity provisions and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

Approved by the Board on 30 September 2017

And signed on their behalf by:
Jason Blain, Director

REGENERATION (UK) LIMITED Registered Number 07490560

Notes to the Micro-entity Accounts for the period ended 31 March 2017

1Accounting Policies

Basis of measurement and preparation of accounts
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).

Turnover policy
Turnover represents the value, net of value added tax and discounts, of goods provided to customers and work carried out in respect of services provided to customers.

Tangible assets depreciation policy
Research and Development Costs
Tangible fixed assets are measured at cost less accumulative depreciation and any Development costs associated with specific projects are capitalised and stated at cost less amortisation and impairment losses.

Other accounting policies
Going Concern
At the balance sheet date the company's net liabilities exceeded its assets by £1.085 M. The director believes that 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 loans from the director and related company will continue to remain in place for the foreseeable future.