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REGISTERED NUMBER: 05606869 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 December 2023

for

Rowe Property Services Limited

Rowe Property Services Limited (Registered number: 05606869)






Contents of the Financial Statements
for the Year Ended 31 December 2023




Page

Balance Sheet 1

Notes to the Financial Statements 3


Rowe Property Services Limited (Registered number: 05606869)

Balance Sheet
31 December 2023

2023 2022
Notes £    £    £    £   
Fixed assets
Tangible fixed assets 4 2,829 4,579

Current assets
Debtors 5 34,483 47,157
Cash at bank 73,341 52,948
107,824 100,105
Creditors
Amounts falling due within one year 6 48,428 38,375
Net current assets 59,396 61,730
Total assets less current liabilities 62,225 66,309

Provisions for liabilities 707 870
Net assets 61,518 65,439

Capital and reserves
Called up share capital 7 10 10
Retained earnings 61,508 65,429
Shareholders' funds 61,518 65,439

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.

Rowe Property Services Limited (Registered number: 05606869)

Balance Sheet - continued
31 December 2023


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 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 29 July 2024 and were signed on its behalf by:





D E Griffiths - Director


Rowe Property Services Limited (Registered number: 05606869)

Notes to the Financial Statements
for the Year Ended 31 December 2023

1. Statutory information

Rowe Property Services Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

Registered number: 05606869

Registered office: 85 Church Road
Hove
East Sussex
BN3 2BB

The presentation currency of the financial statements is in Pound Sterling (£) and rounding is to the nearest (£).

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.

Turnover
Turnover is measured at the fair value of the consideration received or receivable and represents amounts receivable for services rendered, stated net of VAT and discounts.

When the outcome of a transaction involving the rendering of services can be reliably estimated, revenue from the rendering of services is measured by reference to the stage of completion of the service transaction at the end of the reporting period. When the outcome of a transaction involving the rendering of services cannot be reliably estimated, revenue is recognised only to the extent that expenses recognised are recoverable.

Tangible fixed assets
Tangible fixed assets are stated at cost or valuation less accumulated depreciation and accumulated impairment losses. Cost includes costs directly attributable to making the asset capable of operating as intended.

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Computer equipment - 25% straight line


Rowe Property Services Limited (Registered number: 05606869)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2023

2. Accounting policies - continued
Taxation
Taxation for the year 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 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.

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.

3. Employees and directors

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

Rowe Property Services Limited (Registered number: 05606869)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2023

4. Tangible fixed assets
Plant and
machinery
etc
£   
Cost
At 1 January 2023
and 31 December 2023 15,793
Depreciation
At 1 January 2023 11,214
Charge for year 1,750
At 31 December 2023 12,964
Net book value
At 31 December 2023 2,829
At 31 December 2022 4,579

5. Debtors: amounts falling due within one year
2023 2022
£    £   
Trade debtors 31,027 40,290
Other debtors 3,456 6,867
34,483 47,157

6. Creditors: amounts falling due within one year
2023 2022
£    £   
Taxation and social security 39,091 31,771
Other creditors 9,337 6,604
48,428 38,375

7. Called up share capital

Allotted, issued and fully paid:
Number: Class: Nominal 2023 2022
value: £    £   
10 Ordinary £1 10 10

Rowe Property Services Limited (Registered number: 05606869)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2023

8. Related party disclosures

At the year end, the company owed the directors £6,366 (2022: £3,407).