Acorah Software Products - Accounts Production 15.0.600 false true 31 March 2023 1 April 2022 false 1 April 2023 31 March 2024 31 March 2024 585587 J S Royle G Royle iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 585587 2023-03-31 585587 2024-03-31 585587 2023-04-01 2024-03-31 585587 frs-core:CurrentFinancialInstruments 2024-03-31 585587 frs-core:OtherReservesSubtotal 2024-03-31 585587 frs-core:SharePremium 2024-03-31 585587 frs-core:ShareCapital 2024-03-31 585587 frs-core:RetainedEarningsAccumulatedLosses 2023-04-01 2024-03-31 585587 frs-core:RetainedEarningsAccumulatedLosses 2024-03-31 585587 frs-bus:PrivateLimitedCompanyLtd 2023-04-01 2024-03-31 585587 frs-bus:FilletedAccounts 2023-04-01 2024-03-31 585587 frs-bus:SmallEntities 2023-04-01 2024-03-31 585587 frs-bus:AuditExempt-NoAccountantsReport 2023-04-01 2024-03-31 585587 frs-bus:SmallCompaniesRegimeForAccounts 2023-04-01 2024-03-31 585587 frs-bus:Director1 2023-04-01 2024-03-31 585587 frs-bus:Director2 2023-04-01 2024-03-31 585587 frs-countries:EnglandWales 2023-04-01 2024-03-31 585587 2022-03-31 585587 2023-03-31 585587 2022-04-01 2023-03-31 585587 frs-core:CurrentFinancialInstruments 2023-03-31 585587 frs-core:OtherReservesSubtotal 2022-03-31 585587 frs-core:OtherReservesSubtotal 2023-03-31 585587 frs-core:SharePremium 2022-03-31 585587 frs-core:SharePremium 2023-03-31 585587 frs-core:ShareCapital 2022-03-31 585587 frs-core:ShareCapital 2023-03-31 585587 frs-core:RetainedEarningsAccumulatedLosses 2022-04-01 2023-03-31 585587 frs-core:RetainedEarningsAccumulatedLosses frs-core:PreviouslyStatedAmount 2022-03-31 585587 frs-core:RetainedEarningsAccumulatedLosses 2023-03-31
Registered number: 585587
Sidney H. Royle Limited
Unaudited Financial Statements
For The Year Ended 31 March 2024
Contents
Page
Balance Sheet 1—2
Statement of Changes in Equity 3
Notes to the Financial Statements 4
Page 1
Balance Sheet
Registered number: 585587
2024 2023
Notes £ £ £ £
FIXED ASSETS
Investment Properties 4 395,000 395,000
395,000 395,000
CURRENT ASSETS
Cash at bank and in hand 226 963
226 963
Creditors: Amounts Falling Due Within One Year 5 (8,023 ) (9,398 )
NET CURRENT ASSETS (LIABILITIES) (7,797 ) (8,435 )
TOTAL ASSETS LESS CURRENT LIABILITIES 387,203 386,565
PROVISIONS FOR LIABILITIES
Deferred Taxation 6 (32,700 ) (32,700 )
NET ASSETS 354,503 353,865
CAPITAL AND RESERVES
Called up share capital 7 800 800
Share premium account 587 587
Other reserves 313,741 313,741
Profit and Loss Account 39,375 38,737
SHAREHOLDERS' FUNDS 354,503 353,865
Page 1
Page 2
For the year ending 31 March 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.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
J S Royle
Director
26/09/2024
The notes on page 4 form part of these financial statements.
Page 2
Page 3
Statement of Changes in Equity
Share Capital Share Premium Other reserves Profit and Loss Account Total
£ £ £ £ £
As at 1 April 2022 800 587 313,741 54,512 369,640
Loss for the year and total comprehensive income - - - (775 ) (775)
Dividends paid - - - (15,000) (15,000)
As at 31 March 2023 and 1 April 2023 800 587 313,741 38,737 353,865
Profit for the year and total comprehensive income - - - 638 638
As at 31 March 2024 800 587 313,741 39,375 354,503
Other reserves represents the cumulative fair value gains and losses in respect of investment properties and their associated deferred tax.
Page 3
Page 4
Notes to the Financial Statements
1. General Information
Sidney H. Royle Limited is a private company, limited by shares, incorporated in England & Wales, registered number 585587 . The registered office is Plumley Village Stores, Plumley Moor Road, Plumley, Knutsford, Cheshire, WA16 0TT.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. Turnover
Turnover comprises the invoiced value of goods and services supplied by the company.
2.3. Investment Properties
Investment properties shall not be subject to periodic charges for depreciation except for properties held on lease, which shall be depreciated at least over the period when the unexpired term is 20 years or less.
Investment properties shall be included in the balance sheet at their market value.
2.4. Taxation
The charge for taxation takes into account taxation deferred as a result of timing differences between the treatment of certain items for taxation and accounting purposes. In general, deferred taxation is recognised in respect of timing differences that have originated but not reversed at the balance sheet date. However, deferred tax assets are recognised only to the extent that the directors consider that it is more likely than not that there will be suitable taxable profits from which the future reversal of the underlying timing differences can be deducted. Deferred taxation is measured on a non-discounted basis at the tax rates that are expected to apply in periods in which the timing differences reverse, based on tax rates and the law enacted or substantively enacted at the balance sheet date.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 2 (2023: 2)
2 2
4. Investment Property
2024
£
Fair Value
As at 1 April 2023 and 31 March 2024 395,000
5. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Accruals and deferred income 500 750
Directors' loan accounts 7,523 8,648
8,023 9,398
6. Deferred Taxation
The provision for deferred taxation relates to revaluations of investment properties.
2024 2023
£ £
Other timing differences 32,700 32,700
7. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 800 800
Page 4