Silverfin false 31/03/2023 01/04/2022 31/03/2023 Mr C R Rowe 06/03/1997 Mr R J Rowe 06/03/1997 Mr M Rowe 06/03/1997 07 November 2023 The principal activity of the company is property investment. 00520040 2023-03-31 00520040 bus:Director1 2023-03-31 00520040 bus:Director2 2023-03-31 00520040 bus:Director3 2023-03-31 00520040 core:CurrentFinancialInstruments 2023-03-31 00520040 core:CurrentFinancialInstruments 2022-03-31 00520040 2022-03-31 00520040 core:ShareCapital 2023-03-31 00520040 core:ShareCapital 2022-03-31 00520040 core:SharePremium 2023-03-31 00520040 core:SharePremium 2022-03-31 00520040 core:CapitalRedemptionReserve 2023-03-31 00520040 core:CapitalRedemptionReserve 2022-03-31 00520040 core:RetainedEarningsAccumulatedLosses 2023-03-31 00520040 core:RetainedEarningsAccumulatedLosses 2022-03-31 00520040 bus:OrdinaryShareClass1 2023-03-31 00520040 2022-04-01 2023-03-31 00520040 bus:FullAccounts 2022-04-01 2023-03-31 00520040 bus:SmallEntities 2022-04-01 2023-03-31 00520040 bus:AuditExemptWithAccountantsReport 2022-04-01 2023-03-31 00520040 bus:PrivateLimitedCompanyLtd 2022-04-01 2023-03-31 00520040 bus:Director1 2022-04-01 2023-03-31 00520040 bus:Director2 2022-04-01 2023-03-31 00520040 bus:Director3 2022-04-01 2023-03-31 00520040 2021-04-01 2022-03-31 00520040 bus:OrdinaryShareClass1 2022-04-01 2023-03-31 00520040 bus:OrdinaryShareClass1 2021-04-01 2022-03-31 iso4217:GBP xbrli:pure xbrli:shares

Company No: 00520040 (England and Wales)

ROWE & CO. CORNWALL (PROPERTIES) LIMITED

Unaudited Financial Statements
For the financial year ended 31 March 2023
Pages for filing with the registrar

ROWE & CO. CORNWALL (PROPERTIES) LIMITED

Unaudited Financial Statements

For the financial year ended 31 March 2023

Contents

ROWE & CO. CORNWALL (PROPERTIES) LIMITED

BALANCE SHEET

As at 31 March 2023
ROWE & CO. CORNWALL (PROPERTIES) LIMITED

BALANCE SHEET (continued)

As at 31 March 2023
2023 2022
£ £
Current assets
Debtors 3 41,511 9,549,566
Cash at bank and in hand 9,313 9,435
50,824 9,559,001
Net current assets 50,824 9,559,001
Total assets less current liabilities 50,824 9,559,001
Net assets 50,824 9,559,001
Capital and reserves
Called-up share capital 4 1,000 1,000
Share premium account 14,250 14,250
Capital redemption reserve 35,574 35,574
Profit and loss account 0 9,508,177
Total shareholder's funds 50,824 9,559,001

For the financial 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.

Directors' responsibilities:

The financial statements of Rowe & Co. Cornwall (Properties) Limited (registered number: 00520040) were approved and authorised for issue by the Board of Directors on 07 November 2023. They were signed on its behalf by:

Mr C R Rowe
Director
ROWE & CO. CORNWALL (PROPERTIES) LIMITED

NOTES TO THE FINANCIAL STATEMENTS

For the financial year ended 31 March 2023
ROWE & CO. CORNWALL (PROPERTIES) LIMITED

NOTES TO THE FINANCIAL STATEMENTS

For the financial year ended 31 March 2023
1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial year and to the preceding financial year, unless otherwise stated.

General information and basis of accounting

Rowe & Co. Cornwall (Properties) Limited (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the Company's registered office is c/o Francis Clark LLP, Unit 18, 23 Melville Building East, Royal William Yard , Plymouth. Devon, PL1 3GW, United Kingdom.

The financial statements have been prepared under the historical cost convention, modified to include certain items at fair value, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.

The financial statements are presented in pounds sterling which is the functional currency of the Company and rounded to the nearest £.

Going concern

The financial statements have been prepared on a basis other than going concern as the company will not continue its operational existence.

Turnover

Turnover represents the fair value of the consideration receivable, excluding Value Added Tax, in the ordinary course of business for the sale of services provided.

2. Employees

2023 2022
Number Number
Monthly average number of persons employed by the Company during the year, including directors 3 3

3. Debtors

2023 2022
£ £
Amounts owed by Group undertakings 41,511 9,549,566

4. Called-up share capital

2023 2022
£ £
Allotted, called-up and fully-paid
1,000 Ordinary shares of £ 1.00 each 1,000 1,000

5. Related party transactions

Other related party transactions

During the year £9,508,055 was written off the loan due to the company from Rowe Estates (UK) Limited. At the year end the balance due from Rowe estates (UK) Limited is £41,511 (2022 - £9,549,566)

6. Ultimate controlling party

Parent Company:

Rowe Estates Holdings Limited