Company Registration No. 13717660 (England and Wales)
Regatta FS 2 Ltd
Unaudited accounts
for the period from 2 November 2021 to 31 March 2023
Regatta FS 2 Ltd
Unaudited accounts
Contents
Regatta FS 2 Ltd
Company Information
for the period from 2 November 2021 to 31 March 2023
Directors
C J Burrows
P J Easterbrook
J M Miller
P G Watts
Company Number
13717660 (England and Wales)
Registered Office
First Floor, 11 Argyll Street
London
W1F 7TH
United Kingdom
Accountants
Balmoral Consultancy Services Limited
Congress House
14 Lyon Road
Harrow
Middlesex
HA1 2EN
Regatta FS 2 Ltd
Statement of financial position
as at 31 March 2023
Cash at bank and in hand
61,952
Creditors: amounts falling due within one year
(14,013)
Called up share capital
2,054,174
Profit and loss account
34,782
Shareholders' funds
2,096,734
For the period ending 31 March 2023 the company was entitled to exemption from audit 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 and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 4 October 2023 and were signed on its behalf by
P G Watts
Director
Company Registration No. 13717660
Regatta FS 2 Ltd
Notes to the Accounts
for the period from 2 November 2021 to 31 March 2023
Regatta FS 2 Ltd is a private company, limited by shares, registered in England and Wales, registration number 13717660. The registered office is First Floor, 11 Argyll Street, London, W1F 7TH, United Kingdom.
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Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Investments in shares are included at fair value.
Cash and cash equivalents
Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.
Short term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.
Basic financial instruments are recognised at amortised cost, except for investments in non-convertible preference and non-puttable ordinary shares which are measured at fair value, with changes recognised in profit or loss. Derivative financial instruments are initially recorded at cost and thereafter at fair value with changes recognised in profit or loss.
Short term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.
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Investments
Other investments
Valuation at 2 November 2021
-
Valuation at 31 March 2023
2,000,000
Regatta FS 2 Ltd
Notes to the Accounts
for the period from 2 November 2021 to 31 March 2023
Amounts falling due within one year
6
Creditors: amounts falling due within one year
2023
Taxes and social security
8,159
Allotted, called up and fully paid:
2,054,174 Ordinary shares of £1 each
2,054,174
The company's immediate parent undertaking is Henley Group Holdings Limited. P G Watts is a director and majority shareholder of Henley Group Holdings Limited and is also a director of Regatta FS 2 Ltd.
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Average number of employees
During the period the average number of employees was 4.