ROYSTON SMITH LTD


Directors	SMITH, Michelle Lorraine
	SMITH, Royston Arthur


Registered Address	5 Cheatles Bridge Business Park Dog Lane
	Bodymoor Heath
	Sutton Coldfield
	B76 9JD


Registered Number	08259390 (England and Wales)

Balance Sheet as at
31 October 2025

	Notes	2025		2024
		£	£	£	£
Fixed assets
Intangible assets	3		18,980		24,777
Tangible assets	4		156,652		145,956
			175,632		170,733
Current assets
Stocks	5	70,000		58,000
Debtors		189,459		245,961
Cash at bank and on hand		32,977		4,194
		292,436		308,155
Creditors amounts falling due within one year	6	(123,718)		(161,796)
Net current assets (liabilities)			168,718		146,359
Total assets less current liabilities			344,350		317,092
Creditors amounts falling due after one year	7		(150,004)		(137,717)
Net assets			194,346		179,375
Capital and reserves
Called up share capital			100		100
Profit and loss account			194,246		179,275
Shareholders' funds			194,346		179,375

The company was entitled to exemption from audit for this reporting period 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 Directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.
The directors have chosen to not file a copy of the company’s profit and loss account under section 444 (5A) Companies Act 2006.

The financial statements were approved and authorised for issue by the Board of Directors on 15 May 2026, and are signed on its behalf by:

SMITH, Royston Arthur
Director
Registered Company No. 08259390

ROYSTON SMITH LTD

Notes to the Financial Statements
for the year ended 31 October 2025

1.	Accounting policies

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

	Statement of compliance
	The financial statements have been prepared in accordance with the Companies Act 2006 and FRS 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland including Section 1A Small Entities.

	Revenue from sale of goods
	Revenue from the sale of goods is recognised when the company has transferred to the buyer the significant risks and rewards of ownership of the goods, usually when goods are delivered and legal title has passed. Providing the amount of revenue can be measured reliably, it is probable that the economic benefits associated with the transaction will flow to the company and the costs incurred or to be incurred in respect of the transition can be measured reliably.

Revenue from sale of goods

Revenue from the sale of goods is recognised when the company has transferred to the buyer the significant risks and rewards of ownership of the goods, usually when goods are delivered and legal title has passed. Providing the amount of revenue can be measured reliably, it is probable that the economic benefits associated with the transaction will flow to the company and the costs incurred or to be incurred in respect of the transition can be measured reliably.

	Employee benefits
	Short-term employee benefits are measured at the undiscounted amount expected to be paid in exchange for the employee's services to the company. Where employees have accrued short-term benefits which the entity has not paid by the balance sheet date, an accrual is recognised within creditors: amounts falling due within one year together with an associated expense in profit or loss. The liabilities are classified as current obligations in the statement of financial position because they are expected to be settled wholly within twelve months after the end of the period.

Employee benefits

Short-term employee benefits are measured at the undiscounted amount expected to be paid in exchange for the employee's services to the company. Where employees have accrued short-term benefits which the entity has not paid by the balance sheet date, an accrual is recognised within creditors: amounts falling due within one year together with an associated expense in profit or loss. The liabilities are classified as current obligations in the statement of financial position because they are expected to be settled wholly within twelve months after the end of the period.

	Intangible assets
	Intangible assets are stated at cost less accumulated amortisation and accumulated impairment losses. The assets are reviewed for impairment if the above factors indicate that the carrying amount may be impaired. Amortisation is included in 'administrative expenses' in the profit and loss account.

	Tangible fixed assets and depreciation
	All fixed assets are initially recorded at cost. Property, plant and equipment is used in the company's principal activity for the production and supply of goods or for administrative purposes and is stated in the balance sheet under the historic cost model. This model requires the assets to be stated at cost less amounts in respect of depreciation and less any accumulated impairment losses. Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value (which is the expected amount that would currently be obtained from disposal of an asset, after deducting the estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life), over the useful economic life of the respective asset as follows:

Tangible fixed assets and depreciation

All fixed assets are initially recorded at cost. Property, plant and equipment is used in the company's principal activity for the production and supply of goods or for administrative purposes and is stated in the balance sheet under the historic cost model. This model requires the assets to be stated at cost less amounts in respect of depreciation and less any accumulated impairment losses. Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value (which is the expected amount that would currently be obtained from disposal of an asset, after deducting the estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life), over the useful economic life of the respective asset as follows:

	Stocks and work in progress
	Stock is valued at the lower of cost and estimated selling price less costs to complete and sell. The cost methodology employed by the entity is the first-in first-out method. Estimated selling price less costs to complete and sell are derived from the selling price which the goods would fetch in an open market transaction with established customers less the costs expected to be incurred to enable the sale to complete. Provision is made for slow-moving and obsolete items of stock. Such provisions are recognised in profit or loss. Work in progress is valued using the percentage of completion method and values are calculated using the lower of cost and estimated selling price less costs to complete and sell. When stocks are sold, the carrying amount of those stocks is recognised as an expense within cost of sales. This takes place in the same period that the associated revenue is recognised.

Stocks and work in progress

Stock is valued at the lower of cost and estimated selling price less costs to complete and sell. The cost methodology employed by the entity is the first-in first-out method. Estimated selling price less costs to complete and sell are derived from the selling price which the goods would fetch in an open market transaction with established customers less the costs expected to be incurred to enable the sale to complete. Provision is made for slow-moving and obsolete items of stock. Such provisions are recognised in profit or loss.

Work in progress is valued using the percentage of completion method and values are calculated using the lower of cost and estimated selling price less costs to complete and sell. When stocks are sold, the carrying amount of those stocks is recognised as an expense within cost of sales. This takes place in the same period that the associated revenue is recognised.

2.	Average number of employees


		2025		2024
	Average number of employees during the year	6		6

3.	Intangible assets

	Goodwill	Other	Total
	£	£	£
Cost or valuation
At 01 November 24	90,814	40,000	130,814
At 31 October 25	90,814	40,000	130,814
Amortisation and impairment
At 01 November 24	66,537	39,500	106,037
Charge for year	5,297	500	5,797
At 31 October 25	71,834	40,000	111,834
Net book value
At 31 October 25	18,980	-	18,980
At 31 October 24	24,277	500	24,777

4.	Tangible fixed assets

	Plant & machinery	Vehicles	Fixtures & fittings	Office Equipment	Total
	£	£	£	£	£
Cost or valuation
At 01 November 24	25,745	278,120	14,576	3,087	321,528
Additions	-	54,999	-	-	54,999
At 31 October 25	25,745	333,119	14,576	3,087	376,527
Depreciation and impairment
At 01 November 24	23,541	144,597	5,828	1,606	175,572
Charge for year	551	41,192	2,189	371	44,303
At 31 October 25	24,092	185,789	8,017	1,977	219,875
Net book value
At 31 October 25	1,653	147,330	6,559	1,110	156,652
At 31 October 24	2,204	133,523	8,748	1,481	145,956

5.	Stocks

	2025	2024
	£	£
Other stocks	70,000	58,000
Total	70,000	58,000

6.	Creditors: amounts due within one year

	2025	2024
	£	£
Trade creditors / trade payables	81,454	91,265
Taxation and social security	40,864	69,191
Accrued liabilities and deferred income	1,400	1,340
Total	123,718	161,796

7.	Creditors: amounts due after one year

	2025	2024
	£	£
Bank borrowings and overdrafts	150,004	137,717
Total	150,004	137,717

8.	Directors advances, credits and guarantees

	Brought forward	Amount advanced	Amount repaid	Carried forward
	£	£	£	£
SMITH, Royston Arthur	4,851	0	4,851	0
SMITH, Michelle Lorraine	4,851	0	4,851	0
	9,702	0	9,702	0