Registered number: 6681696 | ||||||||
FOR THE YEAR ENDED 31/07/2023 | ||||||||
Prepared By: | ||||||||
Wootton Taylor | ||||||||
Certified Public Accountants | ||||||||
Cactus House | ||||||||
30 Foregate Street | ||||||||
Worcester | ||||||||
WR1 1DS |
Rowlands Groundworks Ltd | ||||||||
ACCOUNTS | ||||||||
FOR THE YEAR ENDED 31/07/2023 | ||||||||
DIRECTORS | ||||||||
REGISTERED OFFICE | ||||||||
SY20 9HP | ||||||||
COMPANY DETAILS | ||||||||
Private company limited by shares registered in EW - England and Wales, registered number 6681696 | ||||||||
ACCOUNTANTS | ||||||||
Wootton Taylor | ||||||||
Certified Public Accountants | ||||||||
Cactus House | ||||||||
30 Foregate Street | ||||||||
Worcester | ||||||||
WR1 1DS |
Rowlands Groundworks Ltd | ||||||||
ACCOUNTS | ||||||||
FOR THEYEARENDED31/07/2023 | ||||||||
CONTENTS | ||||||||
Page | ||||||||
Directors' Report | - | |||||||
Accountants' Report | - | |||||||
Statement Of Comprehensive Income | - | |||||||
Balance Sheet | 3 | |||||||
Notes To The Accounts | 4 | |||||||
The following do not form part of the statutory financial statements: | ||||||||
Trading And Profit And Loss Account | - | |||||||
Profit And Loss Account Summaries | - |
Rowlands Groundworks Ltd | ||||||||
BALANCE SHEET AT | ||||||||||
2023 | 2022 | |||||||||
Notes | £ | £ | ||||||||
FIXED ASSETS | ||||||||||
Tangible assets | 2 | |||||||||
CURRENT ASSETS | ||||||||||
Debtors | 4 | |||||||||
Cash at bank and in hand | ||||||||||
223,993 | 114,385 | |||||||||
CREDITORS: Amounts falling due within one year | 5 | |||||||||
NET CURRENT ASSETS / (LIABILITIES) | (10,325) | |||||||||
TOTAL ASSETS LESS CURRENT LIABILITIES | ||||||||||
CAPITAL AND RESERVES | ||||||||||
Called up share capital | 7 | |||||||||
Profit and loss account | 568,485 | 509,297 | ||||||||
SHAREHOLDERS' FUNDS | ||||||||||
Approved by the board on | ||||||||||
............................. | ||||||||||
Director | ||||||||||
Rowlands Groundworks Ltd | ||||||||
NOTES TO THE ACCOUNTS | ||||||||||
FOR THE YEAR ENDED 31/07/2023 | ||||||||||
1. ACCOUNTING POLICIES |
1a. Basis Of Accounting | ||||||||
The accounts have been prepared under the historical cost convention. | ||||||||
The accounts have been prepared in accordance with FRS102 - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006 . |
1b. Depreciation | ||||||||
Investment Properties | reducing balance 15% | |||||||
Land And Buildings | reducing balance 15% | |||||||
Plant and Machinery | reducing balance 10% | |||||||
Commercial Vehicles | reducing balance 25% | |||||||
Equipment | reducing balance 25% | |||||||
Motor Cars | reducing balance 25% |
1c. Investment Properties | ||||||||
Investment properties are included in the financial statements at open market value. No depreciation is provided on such property in compliance with the Financial Reporting Standard for Smaller Entities. This departure from Companies Act requirements is necessary to show a true and fair view. |
1d. Pension Costs | ||||||||
The company operates a defined contribution pension scheme. The pension charge represents the amounts payable by the company to the fund in respect of the year. |
Rowlands Groundworks Ltd | ||||||||
2. TANGIBLE FIXED ASSETS | ||||||||||||
Land And | Plant and | Commercial | ||||||||||
Buildings | Machinery | Vehicles | Equipment | Motor Cars | Total | |||||||
£ | £ | £ | £ | £ | £ | |||||||
Cost | ||||||||||||
At 01/08/2022 | 59,482 | 666,876 | 131,998 | 3,961 | 21,949 | 884,266 | ||||||
Additions | - | 99,960 | 12,020 | 166 | - | 112,146 | ||||||
At 31/07/2023 | 59,482 | 766,836 | 144,018 | 4,127 | 21,949 | 996,412 | ||||||
Depreciation | ||||||||||||
At 01/08/2022 | 28,432 | 276,947 | 63,951 | 2,169 | 14,306 | 385,805 | ||||||
For the year | 4,657 | 48,989 | 20,017 | 489 | 1,911 | 76,063 | ||||||
At 31/07/2023 | 33,089 | 325,936 | 83,968 | 2,658 | 16,217 | 461,868 | ||||||
Net Book Amounts | ||||||||||||
At 31/07/2023 | 534,544 | |||||||||||
At 31/07/2022 | 498,461 | |||||||||||
3. INVESTMENT PROPERTIES | ||||
Investment | ||||
Properties | Total | |||
£ | £ | |||
Fair value | ||||
At 01/08/2022 | 40,729 | 40,729 | ||
At 31/07/2023 | 40,729 | 40,729 | ||
4. DEBTORS | 2023 | 2022 | ||||||
£ | £ | |||||||
Amounts falling due within one year | ||||||||
Other debtors | 133,603 | 15,099 | ||||||
133,603 | 15,099 | |||||||
Rowlands Groundworks Ltd | ||||||||
5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR | ||||||||
2023 | 2022 | |||||||
£ | £ | |||||||
UK corporation tax | 20,376 | 5,994 | ||||||
VAT | 13,281 | 10,237 | ||||||
PAYE control | 6,379 | 6,379 | ||||||
Directors current account | 5 | 65 | ||||||
Bank Loan | 31,365 | 42,014 | ||||||
Mortgage | 50,278 | 52,635 | ||||||
Loans | 4,082 | 2,041 | ||||||
Hire purchase | 1,340 | 1,340 | ||||||
Hire purchase Beddoes Ltd | 45,655 | - | ||||||
Trade creditors | 33,283 | 2,025 | ||||||
Accruals | 1,980 | 1,980 | ||||||
208,024 | 124,710 | |||||||
6. EMPLOYEES | ||||||
2023 | 2022 | |||||
No. | No. | |||||
Average number of employees | 11 | |||||
7. SHARE CAPITAL | 2023 | 2022 | ||||||
£ | £ | |||||||
Allotted, issued and fully paid: | ||||||||
100 | 100 | |||||||
100 | 100 | |||||||
8. CONTROLLING PARTY | ||||||||
There is no overall controlling party as the directors hold 50% shares each. | ||||||||