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REGISTERED NUMBER: 10549153 (England and Wales)

















Unaudited Financial Statements

for the Year Ended 31 January 2023

for

Rowton Pub Company Limited

Rowton Pub Company Limited (Registered number: 10549153)






Contents of the Financial Statements
for the Year Ended 31 January 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Rowton Pub Company Limited

Company Information
for the Year Ended 31 January 2023







DIRECTORS: S D Preston
P T Preston





REGISTERED OFFICE: International House
6 Market Street
Oakengates
Telford
Shropshire
TF2 6EF





REGISTERED NUMBER: 10549153 (England and Wales)





ACCOUNTANTS: Tranter Lowe (Oakengates) Limited
Chartered Accountants
International House
6 Market Street
Oakengates
Telford
Shropshire
TF2 6EF

Rowton Pub Company Limited (Registered number: 10549153)

Balance Sheet
31 January 2023

31.1.23 31.1.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 338,961 323,122

CURRENT ASSETS
Stocks 5 12,500 20,000
Debtors 6 13,113 13,562
Cash at bank and in hand 235,404 136,648
261,017 170,210
CREDITORS
Amounts falling due within one year 7 89,206 77,951
NET CURRENT ASSETS 171,811 92,259
TOTAL ASSETS LESS CURRENT
LIABILITIES

510,772

415,381

PROVISIONS FOR LIABILITIES 38,706 28,483
NET ASSETS 472,066 386,898

CAPITAL AND RESERVES
Called up share capital 8 100 100
Retained earnings 471,966 386,798
SHAREHOLDERS' FUNDS 472,066 386,898

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2023 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.

Rowton Pub Company Limited (Registered number: 10549153)

Balance Sheet - continued
31 January 2023


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 October 2023 and were signed on its behalf by:





S D Preston - Director


Rowton Pub Company Limited (Registered number: 10549153)

Notes to the Financial Statements
for the Year Ended 31 January 2023

1. STATUTORY INFORMATION

Rowton Pub Company 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 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.
Freehold property - not provided
Improvements to property - not provided
Plant and machinery - 15% on reducing balance
Fixtures and fittings - 15% on reducing balance
Motor vehicles - 25% on reducing balance
Computer equipment - 50% on reducing balance

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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 balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Rowton Pub Company Limited (Registered number: 10549153)

Notes to the Financial Statements - continued
for the Year Ended 31 January 2023

2. ACCOUNTING POLICIES - continued

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 26 (2022 - 23 ) .

4. TANGIBLE FIXED ASSETS
Improvements
Freehold to Plant and
property property machinery
£    £    £   
COST
At 1 February 2022 158,553 111,548 27,921
Additions 1,500 6,544 6,256
At 31 January 2023 160,053 118,092 34,177
DEPRECIATION
At 1 February 2022 - - 6,060
Charge for year - - 3,772
At 31 January 2023 - - 9,832
NET BOOK VALUE
At 31 January 2023 160,053 118,092 24,345
At 31 January 2022 158,553 111,548 21,861

Fixtures
and Motor Computer
fittings vehicles equipment Totals
£    £    £    £   
COST
At 1 February 2022 42,300 5,195 1,017 346,534
Additions 10,909 - 540 25,749
At 31 January 2023 53,209 5,195 1,557 372,283
DEPRECIATION
At 1 February 2022 14,416 2,638 298 23,412
Charge for year 5,099 639 400 9,910
At 31 January 2023 19,515 3,277 698 33,322
NET BOOK VALUE
At 31 January 2023 33,694 1,918 859 338,961
At 31 January 2022 27,884 2,557 719 323,122

Rowton Pub Company Limited (Registered number: 10549153)

Notes to the Financial Statements - continued
for the Year Ended 31 January 2023

5. STOCKS
31.1.23 31.1.22
£    £   
Stocks 12,500 20,000

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.1.23 31.1.22
£    £   
Other debtors 6,500 6,500
Prepayments 6,613 7,062
13,113 13,562

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.1.23 31.1.22
£    £   
Trade creditors 18,525 22,704
Tax 32,211 24,391
Social security and other taxes 2,344 2,371
VAT 24,782 20,808
Other creditors 2,591 2,320
Directors' current accounts 938 944
Accrued expenses 7,815 4,413
89,206 77,951

8. CALLED UP SHARE CAPITAL


Allotted, issued and fully paid:
Number: Class: Nominal 31.1.23 31.1.22
value: £    £   
100 Ordinary 1 100 100