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REGISTERED NUMBER: 10277817 (England and Wales)










UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MAY 2022

FOR

R & S STOWE DEVELOPMENTS LTD

R & S STOWE DEVELOPMENTS LTD (REGISTERED NUMBER: 10277817)

CONTENTS OF THE FINANCIAL STATEMENTS
for the Year Ended 31 May 2022










Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 3


R & S STOWE DEVELOPMENTS LTD

COMPANY INFORMATION
for the Year Ended 31 May 2022







DIRECTORS: R J Stowe
Mrs S E Stowe





REGISTERED OFFICE: 32 Station Road
Whitacre Heath
Coleshill
North Warwickshire
B46 2EH





REGISTERED NUMBER: 10277817 (England and Wales)





ACCOUNTANTS: Bernard Rogers & Co
Payton House
Guild Street
Stratford-upon-Avon
Warwickshire
CV37 6RP

R & S STOWE DEVELOPMENTS LTD (REGISTERED NUMBER: 10277817)

STATEMENT OF FINANCIAL POSITION
31 May 2022

2022 2021
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 - 313,339

CURRENT ASSETS
Prepayments and accrued income 30 73
Cash at bank 445,266 27,687
445,296 27,760
CREDITORS
Amounts falling due within one year 5 337,660 319,146
NET CURRENT ASSETS/(LIABILITIES) 107,636 (291,386 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

107,636

21,953

CAPITAL AND RESERVES
Called up share capital 2 2
Retained earnings 107,634 21,951
107,636 21,953

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 May 2022.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 2022 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 and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

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

The financial statements were approved by the Board of Directors and authorised for issue on 12 August 2022 and were signed on its behalf by:




R J Stowe - Director


R & S STOWE DEVELOPMENTS LTD (REGISTERED NUMBER: 10277817)

NOTES TO THE FINANCIAL STATEMENTS
for the Year Ended 31 May 2022


1. STATUTORY INFORMATION

R & S Stowe Developments Ltd 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 Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" 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.
Land and buildings - not provided

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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 statement of financial position date.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2021 - NIL).

4. TANGIBLE FIXED ASSETS
Land and
buildings
£   
COST
At 1 June 2021 313,339
Disposals (313,339 )
At 31 May 2022 -
NET BOOK VALUE
At 31 May 2022 -
At 31 May 2021 313,339

R & S STOWE DEVELOPMENTS LTD (REGISTERED NUMBER: 10277817)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 31 May 2022


5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2022 2021
£    £   
Taxation and social security 20,098 1,596
Other creditors 317,562 317,550
337,660 319,146

6. RELATED PARTY DISCLOSURES

At the balance sheet date the company owed Mr R and Mrs S Stowe £316,914 (2021 - £316,914).

7. ULTIMATE CONTROLLING PARTY

The controlling party is R J Stowe.