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REGISTERED NUMBER: 12178096 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2023

FOR

ROWLANDS AND HAMES 2019 LIMITED

ROWLANDS AND HAMES 2019 LIMITED (REGISTERED NUMBER: 12178096)






CONTENTS OF THE FINANCIAL STATEMENTS
for the year ended 31 December 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


ROWLANDS AND HAMES 2019 LIMITED

COMPANY INFORMATION
for the year ended 31 December 2023







DIRECTORS: J A Isles
I J Robinson
A Farnworth





REGISTERED OFFICE: Chiltern House
181 Bristol Avenue
Blackpool
Lancashire
FY2 0FP





REGISTERED NUMBER: 12178096 (England and Wales)





ACCOUNTANTS: Jones Harris Limited
Chartered Accountants
17 St Peters Place
Fleetwood
Lancashire
FY7 6EB

ROWLANDS AND HAMES 2019 LIMITED (REGISTERED NUMBER: 12178096)

BALANCE SHEET
31 December 2023

2023 2022
Notes £    £   
FIXED ASSETS
Investments 4 839,337 839,337

CURRENT ASSETS
Debtors 5 7,275 473
Cash at bank 5,334 1,038
12,609 1,511
CREDITORS
Amounts falling due within one year 6 (791,365 ) (550,347 )
NET CURRENT LIABILITIES (778,756 ) (548,836 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

60,581

290,501

CAPITAL AND RESERVES
Called up share capital 75 80
Capital redemption reserve 39 34
Retained earnings 60,467 290,387
60,581 290,501

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

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

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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 13 March 2024 and were signed on its behalf by:





J A Isles - Director


ROWLANDS AND HAMES 2019 LIMITED (REGISTERED NUMBER: 12178096)

NOTES TO THE FINANCIAL STATEMENTS
for the year ended 31 December 2023

1. STATUTORY INFORMATION

Rowlands and Hames 2019 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 as modified by the revaluation of certain assets.

Investments in subsidiaries
Investments in subsidiary undertakings are reflected at cost or fair value.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, 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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2022 - NIL).

4. FIXED ASSET INVESTMENTS
Shares in
group
undertakings
£   
COST OR VALUATION
At 1 January 2023
and 31 December 2023 839,337
NET BOOK VALUE
At 31 December 2023 839,337
At 31 December 2022 839,337

ROWLANDS AND HAMES 2019 LIMITED (REGISTERED NUMBER: 12178096)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the year ended 31 December 2023

4. FIXED ASSET INVESTMENTS - continued

Cost or valuation at 31 December 2023 is represented by:

Shares in
group
undertakings
£   
Valuation in 2021 839,337

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Other debtors 7,275 -
Directors' current accounts - 473
7,275 473

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Amounts owed to group undertakings 738,334 433,074
Directors' current accounts 50,493 114,945
Accruals and deferred income 2,538 2,328
791,365 550,347

7. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 December 2023 and 31 December 2022:

2023 2022
£    £   
A Farnworth
Balance outstanding at start of year 473 -
Amounts advanced 158 5,473
Amounts repaid (631 ) (5,000 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year - 473

During the year, dividends amounting to £224,667 (2022 - £180,000) have been paid to the directors.