Abbreviated Company Accounts - ROYSTONE HOUSE LIMITED

ROYSTONE HOUSE LIMITED - Company Information

08850359 ROYSTONE HOUSE LIMITED 2016-01-31 false 2015-02-01 2016-01-31 true 08850359 2015-02-01 2016-01-31 08850359 2016-01-31 08850359 2015-01-31 08850359 uk-gaap-cd-bus:Director1 2015-02-01 2016-01-31 08850359 uk-gaap-cd-bus:Director2 2015-02-01 2016-01-31 uk-gaap-cd-bus:OrdinaryShareClass1 2015-02-01 2016-01-31 uk-gaap-cd-bus:OrdinaryShareClass1 2016-01-31 uk-gaap-cd-bus:OrdinaryShareClass1 2015-01-31 uk-gaap-cd-bus:OrdinaryShareClass2 2015-02-01 2016-01-31 uk-gaap-cd-bus:OrdinaryShareClass2 2016-01-31 uk-gaap-cd-bus:OrdinaryShareClass2 2015-01-31 uk-gaap-cd-bus:OrdinaryShareClass3 2015-02-01 2016-01-31 uk-gaap-cd-bus:OrdinaryShareClass3 2016-01-31 uk-gaap-cd-bus:OrdinaryShareClass3 2015-01-31 iso4217:GBP shares

Registered Number 08850359

ROYSTONE HOUSE LIMITED

Abbreviated Accounts

31 January 2016

ROYSTONE HOUSE LIMITED Registered Number 08850359

Abbreviated Balance Sheet as at 31 January 2016

	Notes	2016	2015
		£	£
Fixed assets
Tangible assets	2	438	667
Investments	3	2,998,428	2,998,428
		2,998,866	2,999,095
Current assets
Investments		63,219	26,606
Cash at bank and in hand		22,542	20,983
		85,761	47,589
Creditors: amounts falling due within one year		(678)	(600)
Net current assets (liabilities)		85,083	46,989
Total assets less current liabilities		3,083,949	3,046,084
Total net assets (liabilities)		3,083,949	3,046,084
Capital and reserves
Called up share capital	4	100	100
Share premium account		2,993,927	2,993,927
Profit and loss account		89,922	52,057
Shareholders' funds		3,083,949	3,046,084

For the year ending 31 January 2016 the company was entitled to exemption 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.

Approved by the Board on 21 September 2016

And signed on their behalf by:
Mr JN Jones, Director

ROYSTONE HOUSE LIMITED Registered Number 08850359

Notes to the Abbreviated Accounts for the period ended 31 January 2016

1Accounting Policies

Basis of measurement and preparation of accounts
The full financial statements, from which these abbreviated accounts have been extracted, have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (Effective January 2015).

Turnover policy
Turnover represents amounts chargeable in respect of the sale of goods and services to customers.

Tangible assets depreciation policy
Depreciation is provided on tangible fixed assets so as to write off the cost or valuation, less any estimated residual value, over their expected useful economic life as follows:

Asset class Depreciation method and rate
Office equipment Straight line - 3 years

Other accounting policies
Fixed asset investments
Fixed asset investments are stated at historical cost less provision for any diminution in value.

Current asset investments
Current asset investments are included at the lower of cost and net realisable value.

Financial instruments
Financial instruments are classified and accounted for, according to the substance of the contractual arrangement, as financial assets, financial liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities. Where shares are issued, any component that creates a financial liability of the company is presented as a liability in the balance sheet. The corresponding dividends relating to the liability component are charged as interest expense in the profit and loss account.

2Tangible fixed assets

	£
Cost
At 1 February 2015	686
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 31 January 2016	686
Depreciation
At 1 February 2015	19
Charge for the year	229
On disposals	-
At 31 January 2016	248
Net book values
At 31 January 2016	438
At 31 January 2015	667

3Fixed assets Investments
Details of undertakings
Details of the investments in which the company holds 20% or more of the nominal value of any class of share capital are as follows:

Undertaking Vulcan Industrial Fasteners Limited
Country of incorporation United Kingdom
Holding Ordinary
Proportion of voting rights and shares held 67.9%
Principal activity supply of industrial fasteners

The financial period end of Vulcan Industrial Fasteners Limited is 31 December. The profit for the financial period of Vulcan Industrial Fasteners Limited was £507,322 and the aggregate amount of capital and reserves at the end of the period was £2,301,156.

4Called Up Share Capital
Allotted, called up and fully paid:

	2016 £	2015 £
50 A Ordinary shares of £1 each	50	50
40 B Ordinary shares of £1 each	40	40
10 C Ordinary shares of £1 each	10	10