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REGISTERED NUMBER: SC533289 (Scotland)















ROLYAT PROPERTY SERVICES LIMITED

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31ST MARCH 2023






ROLYAT PROPERTY SERVICES LIMITED (REGISTERED NUMBER: SC533289)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST MARCH 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


ROLYAT PROPERTY SERVICES LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31ST MARCH 2023







DIRECTORS: S J Taylor
N J Taylor





SECRETARY: S J Taylor





REGISTERED OFFICE: 272 Bath Street
Glasgow
Lanarkshire
G2 4JR





REGISTERED NUMBER: SC533289 (Scotland)





ACCOUNTANTS: Green & Co
Chartered Certified Accountants
Pembroke House
Llantarnam Park Way
Cwmbran
Torfaen
NP44 3AU

ROLYAT PROPERTY SERVICES LIMITED (REGISTERED NUMBER: SC533289)

BALANCE SHEET
31ST MARCH 2023

2023 2022
Notes £    £   
CURRENT ASSETS
Debtors 5 394,370 401,671
Cash at bank 9,244 21,574
403,614 423,245
CREDITORS
Amounts falling due within one year 6 128,078 110,525
NET CURRENT ASSETS 275,536 312,720
TOTAL ASSETS LESS CURRENT
LIABILITIES

275,536

312,720

CREDITORS
Amounts falling due after more than one
year

7

261,637

309,645
NET ASSETS 13,899 3,075

CAPITAL AND RESERVES
Called up share capital 8 100 100
Retained earnings 13,799 2,975
SHAREHOLDERS' FUNDS 13,899 3,075

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st March 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st March 2023 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.

ROLYAT PROPERTY SERVICES LIMITED (REGISTERED NUMBER: SC533289)

BALANCE SHEET - continued
31ST MARCH 2023


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

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

The financial statements were approved by the Board of Directors and authorised for issue on 15th November 2023 and were signed on its behalf by:





N J Taylor - Director


ROLYAT PROPERTY SERVICES LIMITED (REGISTERED NUMBER: SC533289)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST MARCH 2023

1. STATUTORY INFORMATION

Rolyat Property Services Limited is a private company, limited by shares , registered in Scotland. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Fixtures and fittings - 33% on cost
Computer equipment - 33% on cost

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

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2022 - 3 ) .

ROLYAT PROPERTY SERVICES LIMITED (REGISTERED NUMBER: SC533289)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31ST MARCH 2023

4. TANGIBLE FIXED ASSETS
Fixtures
and Computer
fittings equipment Totals
£    £    £   
COST
At 1st April 2022
and 31st March 2023 15,665 1,598 17,263
DEPRECIATION
At 1st April 2022
and 31st March 2023 15,665 1,598 17,263
NET BOOK VALUE
At 31st March 2023 - - -
At 31st March 2022 - - -

5. DEBTORS
2023 2022
£    £   
Amounts falling due within one year:
Trade debtors 12,712 10,387
Rolyat Property Group Limited 268,930 278,185
Rolyat Llanthewy Limited 180 180
Rolyat Chepstow Limited 44,713 38,476
Rolyat Speke Limited 65,459 64,040
Prepayments and accrued income 2,279 4,696
394,273 395,964

Amounts falling due after more than one year:
Prepayments 97 5,707

Aggregate amounts 394,370 401,671

ROLYAT PROPERTY SERVICES LIMITED (REGISTERED NUMBER: SC533289)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31ST MARCH 2023

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Bank loans and overdrafts 5,556 5,556
Trade creditors 8,824 15,400
Corporation Tax (1,192 ) -
Social security and other taxes (160 ) 302
Other creditors 8,087 825
Rolyat Training Limited 101,873 83,734
Accruals and deferred income 5,090 4,708
128,078 110,525

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN
ONE YEAR
2023 2022
£    £   
Bank loans - 1-2 years 5,556 5,556
Bank loans - 2-5 years 16,667 16,667
Bank loans more 5 yr by instal 12,037 17,593
Directors' loan accounts 227,377 269,829
261,637 309,645

Amounts falling due in more than five years:

Repayable by instalments
Bank loans more 5 yr by instal 12,037 17,593

8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2023 2022
value: £    £   
100 Ordinary £1 100 100

ROLYAT PROPERTY SERVICES LIMITED (REGISTERED NUMBER: SC533289)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31ST MARCH 2023

9. RELATED PARTY DISCLOSURES

As at 31 March 2023, the balance of the directors' loan accounts were:

N J Taylor £176,474 creditor (2022 - £217,672)
S J Taylor £50,903 creditor (2022 - £52,157)

Rolyat Property Group Limited owes the company £268,930 (2022 - £278,185) as at the year end; a company which the directors control equally.

Rolyat Speke Limited owes the company £65,459 (2022 - £64,040) as at the year end; a company which the directors control equally.

Rolyat Training Limited owed from the company £101,873 (2022 - £83,734) as at the year end; a company which the directors control equally.

Rolyat Chepstow Limited owes the company £44,713 (2022 - £38,476) as at the year end; a company which the directors control equally.

Rolyat Llanthewy Limited owes the company £180 (2022 - £180) as at the year end; a company which the directors control equally.