ACCOUNTS - Final Accounts

ACCOUNTS - Final Accounts

ROYAL WINTON LIMITED - Company Information

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Caseware UK (AP4) 2020.0.247 2020.0.247 2020-12-312020-12-31falsetrue112020-01-01truedevelopment of Royal Winton brandThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 02832788 2020-01-01 2020-12-31 02832788 2019-01-01 2019-12-31 02832788 2020-12-31 02832788 2019-12-31 02832788 c:Director1 2020-01-01 2020-12-31 02832788 d:CurrentFinancialInstruments 2020-12-31 02832788 d:CurrentFinancialInstruments 2019-12-31 02832788 d:CurrentFinancialInstruments d:WithinOneYear 2020-12-31 02832788 d:CurrentFinancialInstruments d:WithinOneYear 2019-12-31 02832788 d:ShareCapital 2020-12-31 02832788 d:ShareCapital 2019-12-31 02832788 d:RetainedEarningsAccumulatedLosses 2020-12-31 02832788 d:RetainedEarningsAccumulatedLosses 2019-12-31 02832788 c:FRS102 2020-01-01 2020-12-31 02832788 c:AuditExempt-NoAccountantsReport 2020-01-01 2020-12-31 02832788 c:FullAccounts 2020-01-01 2020-12-31 02832788 c:PrivateLimitedCompanyLtd 2020-01-01 2020-12-31 02832788 2 2020-01-01 2020-12-31 iso4217:GBP xbrli:pure

Registered number: 02832788










ROYAL WINTON LIMITED








UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 31 DECEMBER 2020
 
ROYAL WINTON LIMITED
REGISTERED NUMBER: 02832788

BALANCE SHEET
AS AT 31 DECEMBER 2020

2020
2019
Note
£
£

  

Current assets
  

Debtors: amounts falling due within one year
 4 
99
99

Cash at bank and in hand
  
14
8

  
113
107

Creditors: amounts falling due within one year
 5 
(29,755)
(29,185)

Net current liabilities
  
 
 
(29,642)
 
 
(29,078)

  

Net liabilities
  
(29,642)
(29,078)


Capital and reserves
  

Called up share capital 
  
100
100

Profit and loss account
  
(29,742)
(29,178)

  
(29,642)
(29,078)


The director considers that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

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

The Company has opted not to file the statement of comprehensive income in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf on 21 September 2021.




I Lotay
Director

The notes on pages 2 to 3 form part of these financial statements.

Page 1
 
ROYAL WINTON LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2020

1.


General information

Royal Winton Limited is a private company limited by share capital, incorporated in England and Wales, registration number 02832788. The address of the registered office is 14th Floor, 33 Cavendish Square, London, W1G 0PW. 

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Section 1A of Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.

The following principal accounting policies have been applied:

 
2.2

Debtors

Short term debtors are measured at transaction price, less any impairment.

 
2.3

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours.

 
2.4

Financial instruments

The Company only enters into basic financial instruments transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, and loans to related parties.

Financial assets that are measured at cost and amortised cost are assessed at the end of each reporting period for objective evidence of impairment. If objective evidence of impairment is found, an impairment loss is recognised in the Statement of Comprehensive Income.

Financial assets and liabilities are offset and the net amount reported in the Balance Sheet when there is an enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

 
2.5

Creditors

Short term creditors are measured at the transaction price.

 
2.6

Interest income

Interest income is recognised in the Statement of Comprehensive Income using the effective interest method.

Page 2
 
ROYAL WINTON LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2020

3.


Employees

The average monthly number of employees, including directors, during the year was 1 (2019 - 1).


4.


Debtors

2020
2019
£
£


Called up share capital not paid
99
99



5.


Creditors: Amounts falling due within one year

2020
2019
£
£

Trade creditors
-
840

Other creditors
28,825
27,925

Accruals and deferred income
930
420

29,755
29,185



6.


Related party transactions

Included within other creditors is an amount of £28,825 (2019: £27,925) owed to the shareholders of the company.

 
Page 3