21 false false false false false false false false false false true false false false false false false No description of principal activity 2023-05-01 Sage Accounts Production Advanced 2023 - FRS102_2023 27,500 7,677 1,375 9,052 18,448 19,823 xbrli:pure xbrli:shares iso4217:GBP 05787193 2023-05-01 2024-04-30 05787193 2024-04-30 05787193 2023-04-30 05787193 2022-05-01 2023-04-30 05787193 2023-04-30 05787193 2022-04-30 05787193 core:NetGoodwill 2023-05-01 2024-04-30 05787193 core:PlantMachinery 2023-05-01 2024-04-30 05787193 core:FurnitureFittings 2023-05-01 2024-04-30 05787193 core:MotorVehicles 2023-05-01 2024-04-30 05787193 bus:Director1 2023-05-01 2024-04-30 05787193 core:NetGoodwill 2023-04-30 05787193 core:NetGoodwill 2024-04-30 05787193 core:LandBuildings 2023-04-30 05787193 core:PlantMachinery 2023-04-30 05787193 core:FurnitureFittingsToolsEquipment 2023-04-30 05787193 core:MotorVehicles 2023-04-30 05787193 core:LandBuildings 2024-04-30 05787193 core:PlantMachinery 2024-04-30 05787193 core:FurnitureFittingsToolsEquipment 2024-04-30 05787193 core:MotorVehicles 2024-04-30 05787193 core:LandBuildings 2023-05-01 2024-04-30 05787193 core:FurnitureFittingsToolsEquipment 2023-05-01 2024-04-30 05787193 core:WithinOneYear 2024-04-30 05787193 core:WithinOneYear 2023-04-30 05787193 core:AfterOneYear 2024-04-30 05787193 core:AfterOneYear 2023-04-30 05787193 core:ShareCapital 2024-04-30 05787193 core:ShareCapital 2023-04-30 05787193 core:RetainedEarningsAccumulatedLosses 2024-04-30 05787193 core:RetainedEarningsAccumulatedLosses 2023-04-30 05787193 core:NetGoodwill 2023-04-30 05787193 core:LandBuildings 2023-04-30 05787193 core:PlantMachinery 2023-04-30 05787193 core:FurnitureFittingsToolsEquipment 2023-04-30 05787193 core:MotorVehicles 2023-04-30 05787193 bus:SmallEntities 2023-05-01 2024-04-30 05787193 bus:AuditExemptWithAccountantsReport 2023-05-01 2024-04-30 05787193 bus:SmallCompaniesRegimeForAccounts 2023-05-01 2024-04-30 05787193 bus:PrivateLimitedCompanyLtd 2023-05-01 2024-04-30 05787193 bus:FullAccounts 2023-05-01 2024-04-30 05787193 core:ComputerEquipment 2023-05-01 2024-04-30
COMPANY REGISTRATION NUMBER: 05787193
ROYD CATERING SERVICES LIMITED
FILLETED UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED
30 April 2024
ROYD CATERING SERVICES LIMITED
STATEMENT OF FINANCIAL POSITION
30 April 2024
2024
2023
Note
£
£
£
£
FIXED ASSETS
Intangible assets
5
18,448
19,823
Tangible assets
6
473,765
373,066
---------
---------
492,213
392,889
CURRENT ASSETS
Stocks
20,098
19,800
Debtors
7
109,899
68,313
Cash at bank and in hand
5,098
4,469
---------
--------
135,095
92,582
CREDITORS: amounts falling due within one year
8
( 296,262)
( 242,527)
---------
---------
NET CURRENT LIABILITIES
( 161,167)
( 149,945)
---------
---------
TOTAL ASSETS LESS CURRENT LIABILITIES
331,046
242,944
CREDITORS: amounts falling due after more than one year
9
( 236,290)
( 61,571)
PROVISIONS
Taxation including deferred tax
( 14,023)
( 15,840)
---------
---------
NET ASSETS
80,733
165,533
---------
---------
CAPITAL AND RESERVES
Called up share capital
100
100
Profit and loss account
80,633
165,433
--------
---------
SHAREHOLDERS FUNDS
80,733
165,533
--------
---------
These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
In accordance with section 444 of the Companies Act 2006, the statement of income and retained earnings has not been delivered.
ROYD CATERING SERVICES LIMITED
STATEMENT OF FINANCIAL POSITION (continued)
30 April 2024
For the year ending 30 April 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Director's responsibilities:
- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476 ;
- The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .
These financial statements were approved by the board of directors and authorised for issue on 29 August 2024 , and are signed on behalf of the board by:
I Manfredi
Director
Company registration number: 05787193
ROYD CATERING SERVICES LIMITED
NOTES TO THE FINANCIAL STATEMENTS
YEAR ENDED 30 APRIL 2024
1. GENERAL INFORMATION
The company is a private company limited by shares, registered in England and Wales. The address of the registered office is 24 Stocks Gardens, Hebden Bridge, HX7 5AY.
2. STATEMENT OF COMPLIANCE
These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.
3. ACCOUNTING POLICIES
Basis of preparation
The financial statements have been prepared on the historical cost basis. The financial statements are prepared in sterling, which is the functional currency of the entity.
Judgements and key sources of estimation uncertainty
The preparation of the financial statements requires management to make judgements, estimates and assumptions that affect the amounts reported. These estimates and judgements are continually reviewed and are based on experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances.
Revenue recognition
Turnover comprises revenue recognised by the company in respect of goods and services supplied, exclusive of Value Added Tax.
Income tax
Deferred taxation is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.
Amortisation
Amortisation is calculated so as to write off the cost of an asset, less its estimated residual value, over the useful life of that asset as follows:
Goodwill
-
5% straight line
If there is an indication that there has been a significant change in amortisation rate, useful life or residual value of an intangible asset, the amortisation is revised prospectively to reflect the new estimates.
Tangible assets
Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation.
Depreciation
Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:
Plant and Machinery
-
15% reducing balance
Fixtures & Fittings
-
15% reducing balance
Motor Vehicles
-
25% reducing balance
Computer Equipment
-
33% straight line
Stocks
Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost includes all costs of purchase, costs of conversion and other costs incurred in bringing the stock to its present location and condition.
Financial instruments
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 and loss. Derivative financial instruments are initially recorded at transaction price and thereafter at fair value with changes recognised in profit and loss. The company holds the following financial assets and liabilities: Cash, Short-term trade and other debtors, and creditors. Cash in the balance sheet comprises cash at banks and in hand and short term deposits with an original maturity date of three months or less. Debtors and creditors with no stated interest rate and receivable or payable within one year are recorded at transaction price. Any losses arising from impairment are recognised in the profit and loss account before operating profit.
4. EMPLOYEE NUMBERS
The average number of persons employed by the company during the year amounted to 21 (2023: 21 ).
5. INTANGIBLE ASSETS
Goodwill
£
Cost
At 1 May 2023 and 30 April 2024
27,500
--------
Amortisation
At 1 May 2023
7,677
Charge for the year
1,375
--------
At 30 April 2024
9,052
--------
Carrying amount
At 30 April 2024
18,448
--------
At 30 April 2023
19,823
--------
6. TANGIBLE ASSETS
Land and buildings
Plant and machinery
Fixtures, fittings and equipment
Motor vehicles
Total
£
£
£
£
£
Cost
At 1 May 2023
289,697
116,323
98,249
50,417
554,686
Additions
110,264
655
3,649
114,568
---------
---------
---------
--------
---------
At 30 April 2024
399,961
116,978
101,898
50,417
669,254
---------
---------
---------
--------
---------
Depreciation
At 1 May 2023
65,654
70,117
45,849
181,620
Charge for the year
7,698
5,029
1,142
13,869
---------
---------
---------
--------
---------
At 30 April 2024
73,352
75,146
46,991
195,489
---------
---------
---------
--------
---------
Carrying amount
At 30 April 2024
399,961
43,626
26,752
3,426
473,765
---------
---------
---------
--------
---------
At 30 April 2023
289,697
50,669
28,132
4,568
373,066
---------
---------
---------
--------
---------
7. DEBTORS
2024
2023
£
£
Other debtors
109,899
68,313
---------
--------
8. CREDITORS: amounts falling due within one year
2024
2023
£
£
Bank loans and overdrafts
111,985
42,739
Trade creditors
105,097
94,111
Corporation tax
23,800
24,250
Social security and other taxes
20,360
31,563
Other creditors
7,360
Other creditors
35,020
42,504
---------
---------
296,262
242,527
---------
---------
9. CREDITORS: amounts falling due after more than one year
2024
2023
£
£
Bank loans and overdrafts
236,290
61,571
---------
--------