Registered number
10759031
ROYALE HOUSING LTD
Filleted Accounts
31 May 2024
ROYALE HOUSING LTD
Registered number: 10759031
Balance Sheet
as at 31 May 2024
Notes 2024 2023
£ £
Fixed assets
Tangible assets 3 - 82,396
Current assets
Cash at bank and in hand 89 257
Creditors: amounts falling due within one year 4 (1,586) (2,302)
Net current liabilities (1,497) (2,045)
Total assets less current liabilities (1,497) 80,351
Creditors: amounts falling due after more than one year 5 (16,129) (107,680)
Net liabilities (17,626) (27,329)
Capital and reserves
Called up share capital 100 100
Profit and loss account (17,726) (27,429)
Shareholder's funds (17,626) (27,329)
The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The member has not required the company to obtain an audit in accordance with section 476 of the Act.
The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
______________
Syed Shanur Ali
Director
Approved by the board on 30 May 2025
ROYALE HOUSING LTD
Notes to the Accounts
for the year ended 31 May 2024
1 Accounting policies
Basis of preparation
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).
Tangible fixed assets
Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:
Freehold buildings over 50 years
Leasehold land and buildings over the lease term
Plant and machinery over 5 years
Fixtures, fittings, tools and equipment over 5 years
Creditors
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.
2 Employees 2024 2023
Number Number
Average number of persons employed by the company 0 0
3 Tangible fixed assets
Land and buildings
£
Cost
At 1 June 2023 82,396
Additions 12,264
Disposals (94,660)
At 31 May 2024 -
Depreciation
At 31 May 2024 -
Net book value
At 31 May 2024 -
At 31 May 2023 82,396
4 Creditors: amounts falling due within one year 2024 2023
£ £
Trade creditors 1,586 2,302
5 Creditors: amounts falling due after one year 2024 2023
£ £
Bank loans - 82,421
Other creditors 16,129 25,259
16,129 107,680
6 Other information
ROYALE HOUSING LTD is a private company limited by shares and incorporated in England. Its registered office is:
C/O Premier Accountants,
15 Leopold Street,
Birmingham,
England,
B12 0UP.
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