Silverfin false 31/03/2023 01/04/2022 31/03/2023 Mr C R Rowe 06/03/1997 Mr M Rowe 06/03/1997 Mr R J Rowe 06/03/1997 07 November 2023 The principal activity of the company is that of being a holding company. 05454393 2023-03-31 05454393 bus:Director1 2023-03-31 05454393 bus:Director2 2023-03-31 05454393 bus:Director3 2023-03-31 05454393 2022-03-31 05454393 core:CurrentFinancialInstruments 2023-03-31 05454393 core:CurrentFinancialInstruments 2022-03-31 05454393 core:ShareCapital 2023-03-31 05454393 core:ShareCapital 2022-03-31 05454393 core:SharePremium 2023-03-31 05454393 core:SharePremium 2022-03-31 05454393 core:RevaluationReserve 2023-03-31 05454393 core:RevaluationReserve 2022-03-31 05454393 core:RetainedEarningsAccumulatedLosses 2023-03-31 05454393 core:RetainedEarningsAccumulatedLosses 2022-03-31 05454393 core:CostValuation 2022-03-31 05454393 core:CostValuation 2023-03-31 05454393 bus:OrdinaryShareClass1 2023-03-31 05454393 bus:OrdinaryShareClass2 2023-03-31 05454393 bus:OrdinaryShareClass3 2023-03-31 05454393 bus:OrdinaryShareClass4 2023-03-31 05454393 bus:OrdinaryShareClass5 2023-03-31 05454393 bus:OtherShareClass1 2023-03-31 05454393 bus:OtherShareClass2 2023-03-31 05454393 bus:OtherShareClass3 2023-03-31 05454393 bus:OtherShareClass4 2023-03-31 05454393 2022-04-01 2023-03-31 05454393 bus:FullAccounts 2022-04-01 2023-03-31 05454393 bus:SmallEntities 2022-04-01 2023-03-31 05454393 bus:AuditExemptWithAccountantsReport 2022-04-01 2023-03-31 05454393 bus:PrivateLimitedCompanyLtd 2022-04-01 2023-03-31 05454393 bus:Director1 2022-04-01 2023-03-31 05454393 bus:Director2 2022-04-01 2023-03-31 05454393 bus:Director3 2022-04-01 2023-03-31 05454393 2021-04-01 2022-03-31 05454393 core:Subsidiary1 2022-04-01 2023-03-31 05454393 core:Subsidiary1 1 2022-04-01 2023-03-31 05454393 core:Subsidiary1 1 2021-04-01 2022-03-31 05454393 core:Subsidiary2 2022-04-01 2023-03-31 05454393 core:Subsidiary2 1 2022-04-01 2023-03-31 05454393 core:Subsidiary2 1 2021-04-01 2022-03-31 05454393 bus:OrdinaryShareClass1 2022-04-01 2023-03-31 05454393 bus:OrdinaryShareClass1 2021-04-01 2022-03-31 05454393 bus:OrdinaryShareClass2 2022-04-01 2023-03-31 05454393 bus:OrdinaryShareClass2 2021-04-01 2022-03-31 05454393 bus:OrdinaryShareClass3 2022-04-01 2023-03-31 05454393 bus:OrdinaryShareClass3 2021-04-01 2022-03-31 05454393 bus:OrdinaryShareClass4 2022-04-01 2023-03-31 05454393 bus:OrdinaryShareClass4 2021-04-01 2022-03-31 05454393 bus:OrdinaryShareClass5 2022-04-01 2023-03-31 05454393 bus:OrdinaryShareClass5 2021-04-01 2022-03-31 05454393 bus:OtherShareClass1 2022-04-01 2023-03-31 05454393 bus:OtherShareClass1 2021-04-01 2022-03-31 05454393 bus:OtherShareClass2 2022-04-01 2023-03-31 05454393 bus:OtherShareClass2 2021-04-01 2022-03-31 05454393 bus:OtherShareClass3 2022-04-01 2023-03-31 05454393 bus:OtherShareClass3 2021-04-01 2022-03-31 05454393 bus:OtherShareClass4 2022-04-01 2023-03-31 05454393 bus:OtherShareClass4 2021-04-01 2022-03-31 iso4217:GBP xbrli:pure decimalUnit xbrli:shares

Company No: 05454393 (England and Wales)

ROWE ESTATES HOLDINGS LTD

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

ROWE ESTATES HOLDINGS LTD

Unaudited Financial Statements

For the financial year ended 31 March 2023

Contents

ROWE ESTATES HOLDINGS LTD

BALANCE SHEET

As at 31 March 2023
ROWE ESTATES HOLDINGS LTD

BALANCE SHEET (continued)

As at 31 March 2023
Note 2023 2022
£ £
Fixed assets
Investments 3 28,931,812 28,931,812
28,931,812 28,931,812
Creditors: amounts falling due within one year 4 ( 2,000) ( 2,000)
Net current liabilities (2,000) (2,000)
Total assets less current liabilities 28,929,812 28,929,812
Net assets 28,929,812 28,929,812
Capital and reserves
Called-up share capital 5 14,300 14,300
Share premium account 4,660,629 4,660,629
Revaluation reserve 22,221,024 22,221,024
Profit and loss account 2,033,859 2,033,859
Total shareholders' funds 28,929,812 28,929,812

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 Estates Holdings Ltd (registered number: 05454393) 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 ESTATES HOLDINGS LTD

NOTES TO THE FINANCIAL STATEMENTS

For the financial year ended 31 March 2023
ROWE ESTATES HOLDINGS LTD

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 Estates Holdings Ltd (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 Melville Building East, Royal William Yard, Plymouth, PL1 3RP, 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 £.

Fixed asset investments

Fixed asset investments are carried at fair value.

2. Employees

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

3. Fixed asset investments

Investments in subsidiaries

2023
£
Cost
At 01 April 2022 28,931,812
At 31 March 2023 28,931,812
Carrying value at 31 March 2023 28,931,812
Carrying value at 31 March 2022 28,931,812

Investments in shares

Name of entity Registered office Nature of business Class of
shares
Ownership
31.03.2023
Ownership
31.03.2022
Rowe Estates (UK) Limited c/o Francis Clark LLP, Melville Building East, Unit 18, 23 Royal William Yard, Plymouth, Devon PL1 3GW Property, investment and development. Ordinary 100.00% 100.00%
Rowe & Co. Cornwall (Properties) Limited c/o Francis Clark LLP, Melville Building East, Unit 18, 23 Royal William Yard, Plymouth, Devon PL1 3GW Dormant. Ordinary 100.00% 100.00%

4. Creditors: amounts falling due within one year

2023 2022
£ £
Other creditors 2,000 2,000

5. Called-up share capital

2023 2022
£ £
Allotted, called-up and fully-paid
2,359 Ordinary A shares of £ 1.00 each 2,359 2,359
2,359 Ordinary B shares of £ 1.00 each 2,359 2,359
1,859 Ordinary C shares of £ 1.00 each 1,859 1,859
1,859 Ordinary D shares of £ 1.00 each 1,859 1,859
272 Ordinary E shares of £ 1.00 each 272 272
405 Ordinary F shares of £ 1.00 each 405 405
405 Ordinary G shares of £ 1.00 each 405 405
405 Ordinary H shares of £ 1.00 each 405 405
405 Ordinary I shares of £ 1.00 each 405 405
272 Ordinary J shares of £ 1.00 each 272 272
268 Ordinary K shares of £ 1.00 each 268 268
1,716 Ordinary L shares of £ 1.00 each 1,716 1,716
858 Ordinary M shares of £ 1.00 each 858 858
858 Ordinary N shares of £ 1.00 each 858 858
14,300 14,300

6. Related party transactions

Transactions with the entity's directors

2023 2022
£ £
Dividends paid to the directors in the year 160,325 151,321
Dividends paid to the immediate family of the directors in the year 425,675 397,179

The company has taken advantage of the exemption under FRS 102 "Related Party Disclosures" from disclosing transactions with other wholly owned members of the group.

7. Ultimate controlling party

The ultimate controlling party are the directors by virtue of their controlling shareholding.