Registration number:
The Royle Trust Limited
for the
Year Ended 31 October 2025
The Royle Trust Limited
Directors' Report for the Year Ended 31 October 2025
The directors present their report and the financial statements for the year ended 31 October 2025.
Principal activity
The principal activity of the company is the corporate trustee of Making Life Happen Employee Ownership Trust, which owns 60% of the share capital of Making Life Happen Limited.
Directors of the company
The directors who held office during the year were as follows:
Small companies provision statement
This report has been prepared in accordance with the small companies regime under the Companies Act 2006.
Approved and authorised by the
|
......................................... |
The Royle Trust Limited
Profit and Loss Account for the Year Ended 31 October 2025
The company has not traded during the year. During this year, the company received no income and incurred no expenditure and therefore made neither profit nor loss.
The Royle Trust Limited
(Registration number: 15030265)
Balance Sheet as at 31 October 2025
|
Note |
2025 |
(As restated) |
|
|
Current assets |
|||
|
Debtors |
|
|
|
|
Creditors: Amounts falling due within one year |
( |
( |
|
|
Net assets/(liabilities) |
- |
- |
|
|
Capital and reserves |
|||
|
Shareholders' funds/(deficit) |
- |
- |
For the financial year ending 31 October 2025 the company was entitled to exemption from audit under section 480 of the Companies Act 2006 relating to dormant companies.
Directors' responsibilities:
|
• |
|
|
• |
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts. |
These financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime and FRS 102 ‘The Financial Reporting Standard Applicable in the UK and Republic of Ireland’.
Approved and authorised by the
Director
The Royle Trust Limited
Notes to the Unaudited Financial Statements for the Year Ended 31 October 2025
|
General information |
The company is a incorporated in England and Wales. The company was dormant and has not traded during the year.
The address of its registered office is:
United Kingdom
|
Accounting policies |
Summary of significant accounting policies and key accounting estimates
The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.
Statement of compliance
These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).
Basis of preparation
These financial statements have been prepared using the historical cost convention except for, where disclosed in these accounting policies, certain items that are shown at fair value.
The presentational currency of the financial statements is Pounds Sterling, being the functional currency of the primary economic environment in which the company operates. Monetary amounts in these financial statements are rounded to the nearest Pound.
Prior period errors
A prior period adjustment has been made to correct the amount held in the company as a Trustee in line with the Trust Deed.
|
Staff numbers |
The average number of persons employed by the company (including directors) during the year, was as follows:
|
Year ended 31 October 2025 |
26 July 2023 to 31 October 2024 |
|
|
Directors |
|
|
|
Debtors |
|
2025 |
(As restated) |
|
|
Amounts owed by related parties |
|
|
The Royle Trust Limited
Notes to the Unaudited Financial Statements for the Year Ended 31 October 2025
|
Creditors |
|
2025 |
(As restated) |
|
|
Due within one year |
||
|
Amounts due to related parties |
|
|
|
Share capital |
The company was incorporated on 26th July 2023 as a company limited by guarantee. Consequently, there is no issued share capital.