Company Registration No. 10014389 (England and Wales)
The Square Royale Limited
Unaudited accounts
for the year ended 28 February 2022
The Square Royale Limited
Unaudited accounts
Contents
The Square Royale Limited
Company Information
for the year ended 28 February 2022
Directors
Russell Sorrell
Adele Sorrell
Company Number
10014389 (England and Wales)
Registered Office
41 Aeron Place, Gilfach, Bargoed CF81 8J
Accountants
My-Hub Ltd
First Floor
The Taffs Well Inn, Cardiff Road
Taffs Well
CF15 7PR
The Square Royale Limited
Statement of financial position
as at
28 February 2022
Tangible assets
27,604
38,710
Inventories
26,236
14,872
Cash at bank and in hand
106,740
96,898
Creditors: amounts falling due within one year
(61,767)
(68,692)
Net current assets
71,209
43,078
Total assets less current liabilities
98,813
81,788
Provisions for liabilities
Other provisions
(18,513)
(28,121)
Called up share capital
8,498
8,498
Profit and loss account
71,802
45,169
Shareholders' funds
80,300
53,667
For the year ending 28 February 2022 the company was entitled to exemption from audit 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 and delivered 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 profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 26 July 2022 and were signed on its behalf by
Russell Sorrell
Director
Company Registration No. 10014389
The Square Royale Limited
Notes to the Accounts
for the year ended 28 February 2022
The Square Royale Limited is a private company, limited by shares, registered in England and Wales, registration number 10014389. The registered office is 41 Aeron Place, Gilfach, Bargoed CF81 8J.
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Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
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Tangible fixed assets
Land & buildings
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 March 2021
32,852
45,877
743
79,472
At 28 February 2022
32,852
45,877
758
79,487
At 1 March 2021
16,084
24,614
64
40,762
Charge for the year
4,027
7,030
64
11,121
At 28 February 2022
20,111
31,644
128
51,883
At 28 February 2022
12,741
14,233
630
27,604
At 28 February 2021
16,768
21,263
679
38,710
The Square Royale Limited
Notes to the Accounts
for the year ended 28 February 2022
5
Creditors: amounts falling due within one year
2022
2021
Bank loans and overdrafts
-
23,841
Trade creditors
(12,012)
(22,195)
Taxes and social security
(1,000)
2,145
Other creditors
25,917
25,913
Loans from directors
-
(9,874)
Deferred income
37,702
37,702
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Average number of employees
During the year the average number of employees was 0 (2021: 0).