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REGISTERED NUMBER: 11101166 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JANUARY 2024

FOR

ROYALS SOLICITORS LTD

ROYALS SOLICITORS LTD (REGISTERED NUMBER: 11101166)






CONTENTS OF THE FINANCIAL STATEMENTS
for the Year Ended 31 January 2024




Page

Balance Sheet 1


ROYALS SOLICITORS LTD (REGISTERED NUMBER: 11101166)

BALANCE SHEET
31 January 2024

31.1.24 31.1.23
£    £    £    £   
FIXED ASSETS 315 -

CURRENT ASSETS 35,588 40,877

CREDITORS
Amounts falling due within one year (14,180 ) (15,361 )
NET CURRENT ASSETS 21,408 25,516
TOTAL ASSETS LESS CURRENT
LIABILITIES

21,723

25,516

CREDITORS
Amounts falling due after more than one
year

3,845

6,048
NET ASSETS 17,878 19,468

CAPITAL AND RESERVES 17,878 19,468

NOTES TO THE FINANCIAL STATEMENTS

1. STATUTORY INFORMATION

Royals Solicitors Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

Registered number: 11101166

Registered office: 41 St Pauls Road
Smethwick
West Midlands
B66 1EH

ROYALS SOLICITORS LTD (REGISTERED NUMBER: 11101166)

BALANCE SHEET - continued
31 January 2024

NOTES TO THE FINANCIAL STATEMENTS

2. ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with Financial Reporting Standard 105 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" 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.

Stocks
Inventories are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

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. AVERAGE NUMBER OF EMPLOYEES

The average number of employees during the year was 4 (2023 - 2 ) .



The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

ROYALS SOLICITORS LTD (REGISTERED NUMBER: 11101166)

BALANCE SHEET - continued
31 January 2024


The financial statements 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.

The financial statements were approved by the director and authorised for issue on 2 September 2024 and were signed by:





Abdul Hunnan - Director