REGISTERED NUMBER: |
Unaudited Financial Statements |
for the Period 1 January 2022 to 30 June 2023 |
for |
ROWLSTON LIMITED |
REGISTERED NUMBER: |
Unaudited Financial Statements |
for the Period 1 January 2022 to 30 June 2023 |
for |
ROWLSTON LIMITED |
ROWLSTON LIMITED (REGISTERED NUMBER: 01511290) |
Contents of the Financial Statements |
for the period 1 January 2022 to 30 June 2023 |
Page |
Company Information | 1 |
Statement of Financial Position | 2 |
Notes to the Financial Statements | 4 |
ROWLSTON LIMITED |
Company Information |
for the period 1 January 2022 to 30 June 2023 |
DIRECTOR: |
REGISTERED OFFICE: |
REGISTERED NUMBER: |
ACCOUNTANT: |
Bronwylfa |
Llangunnor Road |
Carmarthen |
SA31 2PB |
ROWLSTON LIMITED (REGISTERED NUMBER: 01511290) |
Statement of Financial Position |
30 June 2023 |
30.6.23 | 31.12.21 |
Notes | £ | £ | £ | £ |
FIXED ASSETS |
Tangible assets | 4 |
Investments | 5 |
CURRENT ASSETS |
Debtors | 6 |
Cash at bank and in hand |
CREDITORS |
Amounts falling due within one year | 7 |
NET CURRENT ASSETS |
TOTAL ASSETS LESS CURRENT LIABILITIES |
PROVISIONS FOR LIABILITIES |
NET ASSETS |
CAPITAL AND RESERVES |
Called up share capital |
Retained earnings |
SHAREHOLDERS' FUNDS |
The director acknowledges her 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. |
ROWLSTON LIMITED (REGISTERED NUMBER: 01511290) |
Statement of Financial Position - continued |
30 June 2023 |
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 |
ROWLSTON LIMITED (REGISTERED NUMBER: 01511290) |
Notes to the Financial Statements |
for the period 1 January 2022 to 30 June 2023 |
1. | STATUTORY INFORMATION |
Rowlston Limited is a |
2. | ACCOUNTING POLICIES |
Basis of preparing the financial statements |
Turnover |
Turnover represents commissions receivable. |
Tangible fixed assets |
Plant and machinery etc | - |
Taxation |
Taxation for the period 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 statement of financial position date. |
Deferred tax |
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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 period 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. |
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. |
Fixed asset investments |
Fixed Asset Investments are stated at deemed cost (rather than original cost) following the implementation of FRS102, and it is not the policy to undertake any further annual revaluations. Instead, the assets will continue to be stated at cost, unless following an impairment review it is considered by the director that the value of the assets has fallen below cost. In this case a charge for depreciation would be made to the profit and loss account to reflect the lower carrying value. |
ROWLSTON LIMITED (REGISTERED NUMBER: 01511290) |
Notes to the Financial Statements - continued |
for the period 1 January 2022 to 30 June 2023 |
3. | EMPLOYEES AND DIRECTORS |
The average number of employees during the period was |
4. | TANGIBLE FIXED ASSETS |
Plant and |
machinery |
etc |
£ |
COST |
At 1 January 2022 |
Disposals | ( |
) |
At 30 June 2023 |
DEPRECIATION |
At 1 January 2022 |
Charge for period |
Eliminated on disposal | ( |
) |
At 30 June 2023 |
NET BOOK VALUE |
At 30 June 2023 |
At 31 December 2021 |
5. | FIXED ASSET INVESTMENTS |
Investments (neither listed nor unlisted) were as follows: |
30.6.23 | 31.12.21 |
£ | £ |
Classic cars | 51,798 | 51,798 |
Loss on disposal | (23,298 | ) | - |
Disposal proceeds | (28,500 | ) | - |
- | 51,798 |
6. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
30.6.23 | 31.12.21 |
£ | £ |
Trade debtors |
Other debtors |
ROWLSTON LIMITED (REGISTERED NUMBER: 01511290) |
Notes to the Financial Statements - continued |
for the period 1 January 2022 to 30 June 2023 |
7. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
30.6.23 | 31.12.21 |
£ | £ |
Bank loans and overdrafts |
Trade creditors |
Taxation and social security |
Other creditors |