Company registration number 02890429 (England and Wales)
ROYLE AUTO SERVICES LTD
UNAUDITED FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 JULY 2025
ROYLE AUTO SERVICES LTD
CONTENTS
Page
Balance sheet
1 - 2
Notes to the financial statements
3 - 6
ROYLE AUTO SERVICES LTD
BALANCE SHEET
AS AT
31 JULY 2025
31 July 2025
- 1 -
31 July 2025
28 February 2024
Notes
£
£
£
£
Fixed assets
Tangible assets
3
3,908
4,897
Current assets
Stocks
5,000
5,419
Debtors
4
10,638
12,293
Cash at bank and in hand
7,267
93,401
22,905
111,113
Creditors: amounts falling due within one year
5
(25,646)
(103,560)
Net current (liabilities)/assets
(2,741)
7,553
Total assets less current liabilities
1,167
12,450
Creditors: amounts falling due after more than one year
6
-
(10,708)
Provisions for liabilities
(742)
(930)
Net assets
425
812
Capital and reserves
Called up share capital
2
2
Profit and loss reserves
423
810
Total equity
425
812
ROYLE AUTO SERVICES LTD
BALANCE SHEET (CONTINUED)
AS AT
31 JULY 2025
31 July 2025
- 2 -

For the financial Period ended 31 July 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

T he members have not required the company to obtain an audit of its financial statements for the Period in question in accordance with section 476.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The directors of the company have elected not to include a copy of the profit and loss account within the financial statements.true

The financial statements were approved by the board of directors and authorised for issue on 9 September 2025 and are signed on its behalf by:
Mr C D Royle
Director
Company registration number 02890429 (England and Wales)
ROYLE AUTO SERVICES LTD
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 JULY 2025
- 3 -
1
Accounting policies
1.1
Reporting period

[ FRS 102 3.10 An entity shall present a complete set of financial statements (including comparative information as set out in paragraph 3.14) at least annually. When the end of an entity’s reporting period changes and the annual financial statements are presented for a period longer or shorter than one year, the entity shall disclose the following: (a) that fact; (b) the reason for using a longer or shorter period; and (c) the fact that comparative amounts presented in the financial statements (including the related notes) are not entirely comparable. ]

1.2
Accounting convention

These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The financial statements are prepared in sterling, which is the functional currency of the company. Monetary a mounts in these financial statements are rounded to the nearest £.

1.3
Turnover

Revenue comprises sales of goods or services provided to customers net of value added tax and other sales taxes, less an appropriate deduction for actual and expected returns and discounts. Revenue is recognised when performance obligations are satisfied and the control of goods or services is transferred to the buyer. Where the performance obligation is satisfied over time, revenue is recognised in accordance with its progress towards complete satisfaction of that performance obligation.

When cash inflows are deferred and represent a financing arrangement, the promised consideration is adjusted for the effects of the time value of money, which is recognised as interest income.

1.4
Tangible fixed assets

Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses.

Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases:

Plant and equipment
20% reducing balance
Fixtures and fittings
15% reducing balance
Motor vehicles
25% reducing balance

The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to profit or loss.

1.5
Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Cost comprises direct materials and, where applicable, direct labour costs and those overheads that have been incurred in bringing the stocks to their present location and condition.

Stocks held for distribution at no or nominal consideration are measured at the lower of cost and replacement cost, adjusted where applicable for any loss of service potential.

ROYLE AUTO SERVICES LTD
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE PERIOD ENDED 31 JULY 2025
1
Accounting policies
(Continued)
- 4 -
1.6
Cash and cash equivalents

Cash and cash equivalents are basic financial assets and include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.

1.7
Financial instruments

The company has elected to apply the provisions of Section 11 ‘Basic Financial Instruments’ and Section 12 ‘Other Financial Instruments Issues’ of FRS 102 to all of its financial instruments.

Financial instruments are recognised in the company's balance sheet when the company becomes party to the contractual provisions of the instrument.

Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

1.8
Equity instruments

Equity instruments issued by the company are recorded at the proceeds received, net of transaction costs. Dividends payable on equity instruments are recognised as liabilities once they are no longer at the discretion of the company.

1.9
Taxation

The tax expense represents the sum of the tax currently payable and deferred tax.

Current tax

The tax currently payable is based on taxable profit for the year. Taxable profit differs from net profit as reported in the profit and loss account because it excludes items of income or expense that are taxable or deductible in other years and it further excludes items that are never taxable or deductible. The company’s liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the reporting end date.

Deferred tax

Deferred tax liabilities are generally recognised for all timing differences and deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Such assets and liabilities are not recognised if the timing difference arises from goodwill or from the initial recognition of other assets and liabilities in a transaction that affects neither the tax profit nor the accounting profit.

The carrying amount of deferred tax assets is reviewed at each reporting end date and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered. Deferred tax is calculated at the tax rates that are expected to apply in the period when the liability is settled or the asset is realised. Deferred tax is charged or credited in the profit and loss account, except when it relates to items charged or credited directly to equity, in which case the deferred tax is also dealt with in equity. Deferred tax assets and liabilities are offset when the company has a legally enforceable right to offset current tax assets and liabilities and the deferred tax assets and liabilities relate to taxes levied by the same tax authority.

ROYLE AUTO SERVICES LTD
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE PERIOD ENDED 31 JULY 2025
1
Accounting policies
(Continued)
- 5 -
1.10
Employee benefits

The costs of short-term employee benefits are recognised as a liability and an expense, unless those costs are required to be recognised as part of the cost of stock or fixed assets.

The cost of any unused holiday entitlement is recognised in the period in which the employee’s services are received.

Termination benefits are recognised immediately as an expense when the company is demonstrably committed to terminate the employment of an employee or to provide termination benefits.

1.11
Retirement benefits

Payments to defined contribution retirement benefit schemes are charged as an expense as they fall due.

1.12
Leases
As lessee

Rentals payable under operating leases, including any lease incentives received, are charged to profit or loss on a straight line basis over the term of the relevant lease except where another more systematic basis is more representative of the time pattern in which economic benefits from the lease s asset are consumed.

1.13
Company information

Royle Auto Services Ltd is a private company limited by shares incorporated in England and Wales. The registered office is The Pumping Station, Station Road, Blackrod, Bolton, BL6 5BN.

2
Employees

The average monthly number of persons (including directors) employed by the company during the Period was:

2025
2024
Number
Number
Total
2
2
ROYLE AUTO SERVICES LTD
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE PERIOD ENDED 31 JULY 2025
- 6 -
3
Tangible fixed assets
Plant and machinery etc
£
Cost
At 29 February 2024
31,083
Additions
600
At 31 July 2025
31,683
Depreciation and impairment
At 29 February 2024
26,186
Depreciation charged in the Period
1,589
At 31 July 2025
27,775
Carrying amount
At 31 July 2025
3,908
At 28 February 2024
4,897
4
Debtors
2025
2024
Amounts falling due within one year:
£
£
Trade debtors
10,638
12,293
5
Creditors: amounts falling due within one year
2025
2024
£
£
Bank loans
6,967
7,000
Trade creditors
8,002
10,209
Taxation and social security
3,261
4,267
Other creditors
7,416
82,084
25,646
103,560
6
Creditors: amounts falling due after more than one year
2025
2024
£
£
Bank loans and overdrafts
-
0
10,708
2025-07-31 2024-02-29 false false false 09 September 2025 CCH Software CCH Accounts Production 2025.100 No description of principal activity Mr C D Royle Mrs S 02890429 2024-02-29 2025-07-31 02890429 2025-07-31 02890429 2024-02-28 02890429 core:OtherPropertyPlantEquipment 2025-07-31 02890429 core:OtherPropertyPlantEquipment 2024-02-28 02890429 core:ShareCapital 2025-07-31 02890429 core:ShareCapital 2024-02-28 02890429 core:RetainedEarningsAccumulatedLosses 2025-07-31 02890429 core:RetainedEarningsAccumulatedLosses 2024-02-28 02890429 bus:Director1 2024-02-29 2025-07-31 02890429 core:PlantMachinery 2024-02-29 2025-07-31 02890429 core:FurnitureFittings 2024-02-29 2025-07-31 02890429 core:MotorVehicles 2024-02-29 2025-07-31 02890429 2023-03-01 2024-02-28 02890429 core:OtherPropertyPlantEquipment 2024-02-28 02890429 core:OtherPropertyPlantEquipment 2024-02-29 2025-07-31 02890429 core:CurrentFinancialInstruments 2025-07-31 02890429 core:CurrentFinancialInstruments 2024-02-28 02890429 core:Non-currentFinancialInstruments 2025-07-31 02890429 core:Non-currentFinancialInstruments 2024-02-28 02890429 bus:PrivateLimitedCompanyLtd 2024-02-29 2025-07-31 02890429 bus:SmallCompaniesRegimeForAccounts 2024-02-29 2025-07-31 02890429 bus:FRS102 2024-02-29 2025-07-31 02890429 bus:AuditExemptWithAccountantsReport 2024-02-29 2025-07-31 02890429 bus:Director2 2024-02-29 2025-07-31 02890429 bus:FullAccounts 2024-02-29 2025-07-31 xbrli:pure xbrli:shares iso4217:GBP