Company Registration No. 9837362 (England and Wales)
ROYALTY THREE LIMITED
Unaudited accounts
for the year ended 31 March 2025
ROYALTY THREE LIMITED
Unaudited accounts
Contents
ROYALTY THREE LIMITED
Company Information
for the year ended 31 March 2025
Company Number
9837362 (England and Wales)
Registered Office
30 Bewley Road
Angmering
BN16 4JL
Accountants
Angela MacCarthy Limited T A On The Spot
7 Chalfont Drive
Hove
East Sussex
BN3 6QR
ROYALTY THREE LIMITED
Statement of financial position
as at 31 March 2025
Cash at bank and in hand
44,570
25,959
Creditors: amounts falling due within one year
(13,371)
(23,666)
Net current assets
50,697
31,453
Called up share capital
100
100
Profit and loss account
51,638
31,966
Shareholders' funds
51,738
32,066
For the year ending 31 March 2025 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 4 November 2025 and were signed on its behalf by
William Bower
Director
Company Registration No. 9837362
ROYALTY THREE LIMITED
Notes to the Accounts
for the year ended 31 March 2025
ROYALTY THREE LIMITED is a private company, limited by shares, registered in England and Wales, registration number 9837362. The registered office is 30 Bewley Road, Angmering, BN16 4JL.
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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.
Revenue, described as turnover, is the value of goods (net of VAT) provided to customers during the year, plus the value of work (net of VAT) performed during the year with respect to services.
Depreciation is provided on all tangible fixed assets at rates calculated to write off the cost less estimated residual value, of each asset evenly over its expected useful life, as follows:
Computer equipment
33.3% per annum straight line
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Tangible fixed assets
Computer equipment
Amounts falling due within one year
Other debtors
19,498
21,960
ROYALTY THREE LIMITED
Notes to the Accounts
for the year ended 31 March 2025
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Creditors: amounts falling due within one year
2025
2024
Bank loans and overdrafts
2,255
15,395
Taxes and social security
5,518
1,773
Loans from directors
297
902
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Transactions with related parties
The transactions with the director and shareholder have not been conducted under normal market
conditions: £297 is owed to the director at the year end and no interest is being charged by the director.
Included in Other Debtors is an amount of £17,000 due from TikScript Limited. No interest is being charged to the company.
William Bower is a director & person with significant control of both companies.
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Average number of employees
During the year the average number of employees was 1 (2024: 1).