REGISTERED NUMBER: 04244335 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 March 2025

for

Roydale Limited

Page

Company information

1

Balance sheet

2

Notes to the financial statements

4

DIRECTORS:

P J Martin

G Martin

A Wells

SECRETARY:

G Martin

REGISTERED OFFICE:

Station Road

Shipley

West Yorkshire

BD18 2JL

REGISTERED NUMBER:

04244335 (England and Wales)

ACCOUNTANTS:

DWilkinson&Company

Bank House

27 King Street

Leeds

West Yorkshire

LS1 2HL

FIXED ASSETS

Intangible assets

4

90,000

105,000

Tangible assets

5

1,122,485

915,575

1,212,485

1,020,575

CURRENT ASSETS

Stocks

14,033

25,927

Debtors

6

453,819

428,766

Cash at bank

183,460

214,772

651,312

669,465

CREDITORS

Amounts falling due within one year

7

950,123

731,599

NET CURRENT LIABILITIES

(298,811

)

(62,134

)

TOTAL ASSETS LESS CURRENT LIABILITIES

913,674

958,441

CREDITORS

Amounts falling due after more than one year

8

(251,403

)

(248,823

)

PROVISIONS FOR LIABILITIES

9

(213,272

)

(173,959

)

NET ASSETS

448,999

535,659

CAPITAL AND RESERVES

Called up share capital

10

100

100

Retained earnings

448,899

535,559

SHAREHOLDERS' FUNDS

448,999

535,659

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

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

In accordance with Section 444 of the Companies Act 2006, the Statement of income and retained earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 17 December 2025 and were signed on its behalf by:

G Martin - Director

1.	STATUTORY INFORMATION

Roydale Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2012, is being amortised evenly over its estimated useful life of twenty years.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.

Plant and machinery

-

20% on reducing balance

Fixtures and fittings

-

15% on reducing balance

Motor vehicles

-

25% on reducing balance

Computer equipment

-

33% on cost

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Hire purchase and leasing commitments

Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 17 (2024 - 17 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 April 2024

and 31 March 2025

300,000

AMORTISATION

At 1 April 2024

195,000

Amortisation for year

15,000

At 31 March 2025

210,000

NET BOOK VALUE

At 31 March 2025

90,000

At 31 March 2024

105,000

5.	TANGIBLE FIXED ASSETS

Fixtures

Plant and

and

Motor

Computer

machinery

fittings

vehicles

equipment

Totals

£

£

£

£

£

COST

At 1 April 2024

2,000,196

7,435

162,921

12,998

2,183,550

Additions

505,230

-

-

-

505,230

Disposals

(157,100

)

-

-

-

(157,100

)

At 31 March 2025

2,348,326

7,435

162,921

12,998

2,531,680

DEPRECIATION

At 1 April 2024

1,148,566

6,166

100,637

12,606

1,267,975

Charge for year

268,587

317

15,271

198

284,373

Eliminated on disposal

(143,153

)

-

-

-

(143,153

)

At 31 March 2025

1,274,000

6,483

115,908

12,804

1,409,195

NET BOOK VALUE

At 31 March 2025

1,074,326

952

47,013

194

1,122,485

At 31 March 2024

851,630

1,269

62,284

392

915,575

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Plant and

machinery

£

COST

At 1 April 2024

222,000

Additions

112,600

At 31 March 2025

334,600

DEPRECIATION

At 1 April 2024

46,399

Charge for year

57,640

At 31 March 2025

104,039

NET BOOK VALUE

At 31 March 2025

230,561

At 31 March 2024

175,601

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Trade debtors

257,717

253,595

Other debtors

185,279

164,739

Prepayments

10,823

10,432

453,819

428,766

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Bank loans and overdrafts

112,891

116,251

Hire purchase contracts

98,610

78,372

Trade creditors

554,880

317,226

Tax

-

15,913

Social security and other taxes

39,609

14,196

VAT

2,443

51,957

Other creditors

137,860

114,044

Accrued expenses

3,830

23,640

950,123

731,599

Loans from directors are interest free and repayable on demand.

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.3.25

31.3.24

£

£

Hire purchase contracts

251,403

248,823

9.	PROVISIONS FOR LIABILITIES

31.3.25

31.3.24

£

£

Deferred tax

213,272

173,959

Deferred

tax

£

Balance at 1 April 2024

173,959

Accelerated capital allowances

39,313

Balance at 31 March 2025

213,272

The entire provision of deferred tax is relating to accelerated capital allowances.

10.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.3.25

31.3.24

value:

£

£

100

Ordinary

1

100

100

11.	ULTIMATE CONTROLLING PARTY

P & G Group Limited is the ultimate controlling party.