Company Registration No. 14087261 (England and Wales)
ROYALE GLAZING LTD
Unaudited accounts
for the year ended 31 May 2024
ROYALE GLAZING LTD
Unaudited accounts
Contents
ROYALE GLAZING LTD
Company Information
for the year ended 31 May 2024
Directors
Mr Gurdev Singh Chaggar
Mr Antonio Francisco Da Costa
Company Number
14087261 (England and Wales)
Registered Office
UNIT 1, FELTHAM BUSINESS COMPLEX
BROWELLS LANE
FELTHAM
MIDDLESEX
TW13 7LW
UNITED KINGDOM
Accountants
Alza Accounting & Management Solutions Ltd
Office 2 , Serif House
Dudley Street
Luton
Surrey
LU2 0NT
ROYALE GLAZING LTD
Statement of financial position
as at 31 May 2024
Tangible assets
32,774
38,840
Cash at bank and in hand
85,932
71,159
Creditors: amounts falling due within one year
(103,645)
(111,822)
Net current liabilities
(7,697)
(30,622)
Called up share capital
150
150
Profit and loss account
24,927
8,068
Shareholders' funds
25,077
8,218
For the year ending 31 May 2024 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 30 July 2024 and were signed on its behalf by
Mr Gurdev Singh Chaggar
Director
Company Registration No. 14087261
ROYALE GLAZING LTD
Notes to the Accounts
for the year ended 31 May 2024
ROYALE GLAZING LTD is a private company, limited by shares, registered in England and Wales, registration number 14087261. The registered office is UNIT 1, FELTHAM BUSINESS COMPLEX, BROWELLS LANE, FELTHAM, MIDDLESEX, TW13 7LW, UNITED KINGDOM.
2
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 remained unchanged from the previous year, and also 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.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
20% Reducing balance
Motor vehicles
20% Reducing balance
Fixtures & fittings
20% Reducing balance
Computer equipment
20% Reducing balance
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At cost
At 1 June 2023
31,700
10,250
5,250
1,350
48,550
Additions
-
8,895
-
1,433
10,328
Disposals
-
(10,250)
-
-
(10,250)
At 31 May 2024
31,700
8,895
5,250
2,783
48,628
At 1 June 2023
6,340
2,050
1,050
270
9,710
Charge for the year
5,072
1,779
840
503
8,194
On disposals
-
(2,050)
-
-
(2,050)
At 31 May 2024
11,412
1,779
1,890
773
15,854
At 31 May 2024
20,288
7,116
3,360
2,010
32,774
At 31 May 2023
25,360
8,200
4,200
1,080
38,840
ROYALE GLAZING LTD
Notes to the Accounts
for the year ended 31 May 2024
Amounts falling due within one year
Accrued income and prepayments
2,766
2,766
Amounts falling due after more than one year
6
Creditors: amounts falling due within one year
2024
2023
Trade creditors
8,879
3,309
Taxes and social security
2,009
-
Loans from directors
80,400
98,400
7
Average number of employees
During the year the average number of employees was 6 (2023: 6).