Royston Builders Merchants Limited - Dormant company accounts 17.3

REGISTERED NUMBER: 01724803 (England and Wales)

Report of the Directors and

Unaudited Financial Statements for the Year Ended 31 July 2017

for

ROYSTON BUILDERS MERCHANTS LIMITED

Page

Company Information

1

Report of the Directors

2

Balance Sheet

3

Income Statement

4

Notes to the Financial Statements

5

DIRECTORS:

C P Marsh

D H Marsh

REGISTERED OFFICE:

Unit 10 Nursery Units

Mapplewell Business Park

Mapplewell Drive

Barnsley

S75 6BP

REGISTERED NUMBER:

01724803 (England and Wales)

The directors present their report with the financial statements of the company for the year ended 31 July 2017.

DIRECTORS

C P Marsh has held office during the whole of the period from 1 August 2016 to the date of this report.

This report has been prepared in accordance with the provisions of Part 15 of the Companies Act 2006

relating to small companies.

ON BEHALF OF THE BOARD:

C P Marsh - Director

9 February 2018

CURRENT ASSETS

Stocks

890

Debtors

3

4,466

TOTAL ASSETS LESS CURRENT
LIABILITIES

5,356

CAPITAL AND RESERVES

Called up share capital

4

3

Retained earnings

5,353

SHAREHOLDERS' FUNDS

5,356

The company is entitled to exemption from audit under Section 480 of the Companies Act 2006 for the year ended 31 July 2017.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 2017 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as
at the end of each financial year and of its profit or loss for each financial year in accordance with the
requirements of Sections 394 and 395 and which otherwise comply with the requirements of the
Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

The financial statements were approved by the Board of Directors on 9 February 2018 and were signed on its
behalf by:

C P Marsh - Director

During the financial year and the preceding financial year the company has not traded and has received no income and incurred no expenditure. Consequently, during those periods the company has made neither a profit nor a loss.

1.	STATUTORY INFORMATION

Royston Builders Merchants Limited is a private company, limited by shares , registered in England

and Wales. The company's registered number and registered office address can be found on the

Company Information page.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with the provisions of Section 1A "Small Entities" of Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

The significant accounting policies applied in the preparation of these financial statements are set out

below. These policies have been consistently applied to all years presented unless otherwise stated.

The company adopted FRS 102 in the current year and an explanation of how the transition to FRS

102 has affected the reported financial position and performance is given in the financial statements.

Stocks

Stocks comprise land, which is shown at original cost value.

Debtors and creditors due within one year

Debtors and creditors with no stated interest rate, which are due within one year, are stated at the

transaction price. Any losses arising from impairment are recognised in the statement of

comprehensive income within administrative expenses.

Impairment

At each balance sheet date, assets not measured at fair value are reviewed for any indication that the

asset may be impaired at the balance sheet date. If such indication exists, the recoverable amount of

the asset, or the asset's cash generating unit, is estimated and compared to the carrying amount. Where

the carrying amount exceeds its recoverable amount, an impairment loss is recognised in the profit

and loss account unless the asset is carried at a revalued amount, where the impairment loss is

recognised as a revaluation reduction.

3.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.7.17

31.7.16

£

Other debtors

4,466

4.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.7.17

31.7.16

value:

£

3

Ordinary

£1

3

5.	FIRST YEAR ADOPTION

The company has adopted FRS 102 for the first time in the year ended 31 July 2017. There were no

changes in the accounting policies arising from the transition from the previous financial reporting

framework, to FRS 102. Further, there were no adjustments to the previously reported profit and loss

account, or the previously reported equity shareholders funds, at the date of transition.