Abbreviated Company Accounts - ROYALEX LIMITED

05131715 ROYALEX LIMITED 2016-10-31 false 2015-11-01 2016-10-31 true 05131715 2015-11-01 2016-10-31 05131715 2016-10-31 05131715 2015-10-31 05131715 uk-gaap-cd-bus:Director1 2015-11-01 2016-10-31 05131715 uk-gaap-cd-bus:Director2 2015-11-01 2016-10-31 uk-gaap-cd-bus:OrdinaryShareClass1 2015-11-01 2016-10-31 uk-gaap-cd-bus:OrdinaryShareClass1 2016-10-31 uk-gaap-cd-bus:OrdinaryShareClass1 2015-10-31 iso4217:GBP shares

Registered Number 05131715

ROYALEX LIMITED

Abbreviated Accounts

31 October 2016

ROYALEX LIMITED Registered Number 05131715

Abbreviated Balance Sheet as at 31 October 2016

	Notes	2016	2015
		£	£
Fixed assets
Tangible assets	2	20,865	18,780
		20,865	18,780
Current assets
Stocks		152,633	166,437
Debtors		371	1,290
Cash at bank and in hand		23,296	5,181
		176,300	172,908
Net current assets (liabilities)		176,300	172,908
Total assets less current liabilities		197,165	191,688
Creditors: amounts falling due after more than one year		(144,956)	(145,007)
Total net assets (liabilities)		52,209	46,681
Capital and reserves
Called up share capital	3	100	100
Profit and loss account		52,109	46,581
Shareholders' funds		52,209	46,681

For the year ending 31 October 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 16 March 2017

And signed on their behalf by:
J Wyatt, Director
M Deakins, Director

ROYALEX LIMITED Registered Number 05131715

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

1Accounting Policies

Basis of measurement and preparation of accounts
The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities effective April 2008.

Turnover policy
Turnover represents the invoiced value of goods supplied by the company, net of value added tax and trade discounts.

Tangible assets depreciation policy
15% p a on the reducing balance.

2Tangible fixed assets

	£
Cost
At 1 November 2015	79,651
Additions	5,765
Disposals	-
Revaluations	-
Transfers	-
At 31 October 2016	85,416
Depreciation
At 1 November 2015	60,871
Charge for the year	3,680
On disposals	-
At 31 October 2016	64,551
Net book values
At 31 October 2016	20,865
At 31 October 2015	18,780

3Called Up Share Capital
Allotted, called up and fully paid:

	2016 £	2015 £
100 Ordinary shares of £1 each	100	100