Company Registration No. 11887486 (England and Wales)
ROWAN MANAGEMENT CONSULTANTS LTD
Unaudited accounts
for the year ended 31 March 2023
ROWAN MANAGEMENT CONSULTANTS LTD
Unaudited accounts
Contents
ROWAN MANAGEMENT CONSULTANTS LTD
Company Information
for the year ended 31 March 2023
Company Number
11887486 (England and Wales)
Registered Office
FORGE ENTERPRISE CENTRE
3 CHURCH ROAD, WEST HUNTSPILL
HIGHBRIDGE
TA9 3RN
ENGLAND
Accountants
Poolbridge Accountancy Limited
Forge Enterprise Centre
3 Church Road, West Huntspill
Highbridge
Somerset
TA9 3RN
ROWAN MANAGEMENT CONSULTANTS LTD
Statement of financial position
as at 31 March 2023
Tangible assets
13,693
16,211
Cash at bank and in hand
14,131
821
Creditors: amounts falling due within one year
(31,170)
(10,441)
Net current assets/(liabilities)
6,814
(2,905)
Total assets less current liabilities
20,507
13,306
Creditors: amounts falling due after more than one year
(12,846)
(16,620)
Net assets/(liabilities)
7,661
(3,314)
Called up share capital
200
200
Profit and loss account
7,461
(3,514)
Shareholders' funds
7,661
(3,314)
For the year ending 31 March 2023 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 director acknowledges her 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 and authorised for issue on 16 June 2023 and were signed on its behalf by
Karen Watkins
Director
Company Registration No. 11887486
ROWAN MANAGEMENT CONSULTANTS LTD
Notes to the Accounts
for the year ended 31 March 2023
ROWAN MANAGEMENT CONSULTANTS LTD is a private company, limited by shares, registered in England and Wales, registration number 11887486. The registered office is FORGE ENTERPRISE CENTRE, 3 CHURCH ROAD, WEST HUNTSPILL, HIGHBRIDGE, TA9 3RN, ENGLAND.
2
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:
Motor vehicles
25% Reducing Balance
Fixtures & fittings
25% Reducing Balance
Computer equipment
25% Reducing Balance
4
Tangible fixed assets
Motor vehicles
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 April 2022
27,406
516
1,264
29,186
At 31 March 2023
27,406
516
3,311
31,233
At 1 April 2022
11,991
299
685
12,975
Charge for the year
3,854
54
657
4,565
At 31 March 2023
15,845
353
1,342
17,540
At 31 March 2023
11,561
163
1,969
13,693
At 31 March 2022
15,415
217
579
16,211
ROWAN MANAGEMENT CONSULTANTS LTD
Notes to the Accounts
for the year ended 31 March 2023
Amounts falling due within one year
Trade debtors
23,414
6,513
Accrued income and prepayments
439
202
6
Creditors: amounts falling due within one year
2023
2022
Bank loans and overdrafts
6,958
9,604
Taxes and social security
10,401
3,797
Loans from directors
2,641
(9,527)
7
Creditors: amounts falling due after more than one year
2023
2022
Obligations under finance leases and hire purchase contracts
12,846
16,620
Brought
Forward
Advance/
credit
Repaid
Carried
Forward
Directors Loan
9,527
5,832
15,359
-
9
Average number of employees
During the year the average number of employees was 4 (2022: 3).