Company Registration No. 13553260 (England and Wales)
Royale Retreat Ltd
Unaudited accounts
for the year ended 30 August 2024
Royale Retreat Ltd
Unaudited accounts
Contents
Royale Retreat Ltd
Company Information
for the year ended 30 August 2024
Company Number
13553260 (England and Wales)
Registered Office
30 Denver Road
London
N16 5JH
England
Accountants
Brindley Goldstein Ltd
103 High Street
Waltham Cross
EN8 7AN
Royale Retreat Ltd
Statement of financial position
as at 30 August 2024
Tangible assets
1,803,924
1,546,635
Cash at bank and in hand
4,912
1,850
Creditors: amounts falling due within one year
(1,662,880)
(1,684,877)
Net current liabilities
(1,631,958)
(1,583,575)
Total assets less current liabilities
171,966
(36,940)
Creditors: amounts falling due after more than one year
(481,000)
(221,750)
Net liabilities
(309,034)
(258,690)
Called up share capital
1
1
Profit and loss account
(309,035)
(258,691)
Shareholders' funds
(309,034)
(258,690)
For the year ending 30 August 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 director acknowledges his 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 and authorised for issue on 11 February 2025 and were signed on its behalf by
Michael De Jong
Director
Company Registration No. 13553260
Royale Retreat Ltd
Notes to the Accounts
for the year ended 30 August 2024
Royale Retreat Ltd is a private company, limited by shares, registered in England and Wales, registration number 13553260. The registered office is 30 Denver Road, London, N16 5JH, England.
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:
4
Tangible fixed assets
Land & buildings
At 31 August 2023
1,546,635
At 30 August 2024
1,803,924
At 30 August 2024
1,803,924
At 30 August 2023
1,546,635
Amounts falling due within one year
Trade debtors
20,777
6,858
Royale Retreat Ltd
Notes to the Accounts
for the year ended 30 August 2024
6
Creditors: amounts falling due within one year
2024
2023
Bank loans and overdrafts
1,085,808
1,199,995
Trade creditors
353,692
301,053
Other creditors
222,605
163,169
Loans from directors
-
20,660
7
Creditors: amounts falling due after more than one year
2024
2023
Other creditors
481,000
221,000
8
Average number of employees
During the year the average number of employees was 0 (2023: 0).