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REGISTERED NUMBER: 08886379 (England and Wales)

























Unaudited Financial Statements for the Year Ended 28 February 2018

for

Rowaka Limited

Rowaka Limited (Registered number: 08886379)






Contents of the Financial Statements
for the Year Ended 28 February 2018




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Rowaka Limited

Company Information
for the Year Ended 28 February 2018







DIRECTOR: I J Kane





REGISTERED OFFICE: Apt 621
The Met
40 Hilton St
Manchester
M1 2BL





REGISTERED NUMBER: 08886379 (England and Wales)





ACCOUNTANTS: IN Accountancy Limited
6 Station View
Bramhall Moor Lane
Hazel Grove
Stockport
Cheshire
SK7 5ER

Rowaka Limited (Registered number: 08886379)

Balance Sheet
28 February 2018

28.2.18 28.2.17
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 346 1,475

CURRENT ASSETS
Debtors 5 2,855 8,712
Cash at bank 2,594 6,627
5,449 15,339
CREDITORS
Amounts falling due within one year 6 23,058 30,412
NET CURRENT LIABILITIES (17,609 ) (15,073 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

(17,263

)

(13,598

)

CAPITAL AND RESERVES
Called up share capital 7 10 10
Retained earnings (17,273 ) (13,608 )
SHAREHOLDERS' FUNDS (17,263 ) (13,598 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28 February 2018.

The members have not required the company to obtain an audit of its financial statements for the year ended 28 February 2018 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

Rowaka Limited (Registered number: 08886379)

Balance Sheet - continued
28 February 2018


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

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director on 6 November 2018 and were signed by:





I J Kane - Director


Rowaka Limited (Registered number: 08886379)

Notes to the Financial Statements
for the Year Ended 28 February 2018

1. STATUTORY INFORMATION

Rowaka 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.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding
discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Computer equipment - 33% on cost

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement,
except to the extent that it relates to items recognised in other comprehensive income or directly in
equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been
enacted or substantively enacted by the balance sheet date.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the
company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2017 - 1 ) .

Rowaka Limited (Registered number: 08886379)

Notes to the Financial Statements - continued
for the Year Ended 28 February 2018

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 March 2017
and 28 February 2018 3,690
DEPRECIATION
At 1 March 2017 2,215
Charge for year 1,129
At 28 February 2018 3,344
NET BOOK VALUE
At 28 February 2018 346
At 28 February 2017 1,475

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
28.2.18 28.2.17
£    £   
Trade debtors 2,855 8,712

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
28.2.18 28.2.17
£    £   
Tax 7,952 17,797
Social security and other taxes - 250
VAT 6,821 1,343
Directors' loan accounts 6,785 9,522
Accrued expenses 1,500 1,500
23,058 30,412

7. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 28.2.18 28.2.17
value: £    £   
10 Ordinary £1 £1 10 10

8. RELATED PARTY DISCLOSURES

During the year, total dividends of £36,150 (2017 - £37,262) were paid to the director .

Rowaka Limited (Registered number: 08886379)

Notes to the Financial Statements - continued
for the Year Ended 28 February 2018

9. ULTIMATE CONTROLLING PARTY

The controlling party is I J Kane.