ROYL SPECS LTD - Accounts

Registered Number: 15734986 ROYL SPECS LTD
Statement of Financial Position
As at 31 May 2025

	Notes	2025 £
Fixed assets
Intangible fixed assets	3	6,735
Tangible fixed assets	4	10,030
		16,765
Current assets
Stocks		16,230
Debtors		104
Cash at bank and in hand		5,364
		21,698
Creditors: amount falling due within one year		(48,122)
Net current assets		(26,424)

Total assets less current liabilities		(9,659)
Net assets		(9,659)

Capital and reserves
Called up share capital	5	100
Profit and loss account		(9,759)
Shareholders' funds		(9,659)

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

Director's responsibilities:

The members have not required the company to obtain an audit of its accounts for the period in question in accordance with section 476.
The director acknowledges their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.

These 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 income statement has not been delivered to the Registrar of Companies.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with section 444(2A).

The financial statements were approved by the director on 05 January 2026 and were signed by:

-------------------------------
Nathan Campbell-White
Director

ROYL SPECS LTD
Notes to the Abridged Financial Statements
For the Period 22 May 2024 to 31 May 2025

General Information

ROYL SPECS LTD is a private company, limited by shares, registered in England and Wales, registration number 15734986, registration address 54 Purssell Road, Weston Turville, Aylesbury, HP22 3AT.

The presentation currency is £ sterling.

Accounting policies

Significant accounting policies

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)

Going concern basis

The directors believe that the company is experiencing good levels of sales growth and profitability, and that it is well placed to manage its business risks successfully. Accordingly, they have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. Thus they continue to adopt the going concern basis of accounting in preparing the financial statements.

Turnover

Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.

Taxation

Taxation represents the sum of tax currently payable and deferred tax. Tax is recognised in the statement of income, except to the extent that it relates to items recognised in other comprehensive income or directly in capital and reserves.
The company’s liability for current tax is calculated using the tax rates and laws that have been enacted or substantively enacted at the reporting date.
Current and deferred tax assets and liabilities are not discounted

Intangible assets

Intangible assets (including purchased goodwill and patents) are amortised at rates calculated to write off the assets on a straight line basis over their estimated useful economic lives. Impairment of intangible assets is only reviewed where circumstances indicate that the carrying value of an asset may not be fully recoverable.

Tangible fixed assets

Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:

Plant and Machinery	20% Straight Line
Fixtures and Fittings	20% Straight Line
Computer Equipment	33% Straight Line

Stocks

Stocks are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow moving items. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads.

2.	Average number of employees Average number of employees during the period was 1.

Intangible fixed assets

Cost	Other	Total
	£	£
At 22 May 2024	-	-
Additions	8,419	8,419
Disposals	-	-
At 31 May 2025	8,419	8,419
Amortisation
At 22 May 2024	-	-
Charge for period	1,684	1,684
On disposals	-	-
At 31 May 2025	1,684	1,684
Net book values
At 31 May 2025	6,735	6,735
At 21 May 2024	-	-

Tangible fixed assets

Cost or valuation	Plant and Machinery	Fixtures and Fittings	Computer Equipment	Total
	£	£	£	£
At 22 May 2024	-	-	-	-
Additions	9,820	2,571	175	12,566
Disposals	-	-	-	-
At 31 May 2025	9,820	2,571	175	12,566
Depreciation
At 22 May 2024	-	-	-	-
Charge for period	1,964	514	58	2,536
On disposals	-	-	-	-
At 31 May 2025	1,964	514	58	2,536
Net book values
Closing balance as at 31 May 2025	7,856	2,057	117	10,030
Opening balance as at 22 May 2024	-	-	-	-

Share Capital

Allotted, called up and fully paid	2025 £
100 Class A shares of £1.00 each	100
	100

Registered Number: 15734986
England and Wales
Abridged Accounts

for the period ended 31 May 2025
for
ROYL SPECS LTD