Company Registration No. 09639520 (England and Wales)
OLD ROYLE WEALTH MANAGEMENT LIMITED
Unaudited accounts
for the year ended 31 August 2025
OLD ROYLE WEALTH MANAGEMENT LIMITED
Statement of financial position
as at 31 August 2025
Tangible assets
11,682
121,429
Cash at bank and in hand
706,473
371,072
Creditors: amounts falling due within one year
(147,347)
(124,137)
Net current assets
868,959
620,503
Total assets less current liabilities
880,641
761,932
Creditors: amounts falling due after more than one year
(2,065)
(265)
Provisions for liabilities
Deferred tax
(8,241)
(4,232)
Net assets
870,335
757,435
Called up share capital
1
1
Profit and loss account
870,334
757,434
Shareholders' funds
870,335
757,435
For the year ending 31 August 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.
The members have agreed to the preparation of abridged accounts for the year in accordance with Section 444(2A).
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 11 February 2025 and were signed on its behalf by
Richard Clayton
Director
Company Registration No. 09639520
OLD ROYLE WEALTH MANAGEMENT LIMITED
Notes to the Accounts
for the year ended 31 August 2025
OLD ROYLE WEALTH MANAGEMENT LIMITED is a private company, limited by shares, registered in England and Wales, registration number 09639520. The registered office is ADAMSON HOUSE TOWERS BUSINESS PARK, WILMSLOW ROAD, DIDSBURY, MANCHESTER, M20 2YY.
2
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
20% reducing balance method
Fixtures & fittings
10 year straight-line basis
Computer equipment
5 year straight-line basis
4
Tangible fixed assets
Total
At 1 September 2024
192,093
At 1 September 2024
70,664
5
Average number of employees
During the year the average number of employees was 5 (2024: 4).