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REGISTERED NUMBER: 01146524 (England and Wales)















W. and K.N.Rowland (Yate) Limited

Unaudited Financial Statements

for the Year Ended 31 December 2023






W. and K.N.Rowland (Yate) Limited (Registered number: 01146524)






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




Page

Company Information 1

Abridged Statement of Financial Position 2

Notes to the Financial Statements 4


W. and K.N.Rowland (Yate) Limited

Company Information
for the Year Ended 31 December 2023







DIRECTORS: C R Porter
W Porter



REGISTERED OFFICE: The Burgage
Hounds Road
Chipping Sodbury
BRISTOL
BS37 6EQ



REGISTERED NUMBER: 01146524 (England and Wales)



ACCOUNTANTS: Maxwells
Chartered Accountants
4 King Square
Bridgwater
Somerset
TA6 3YF



BANKERS: Barclays Bank plc
9 Corn St
Bristol
BS99 7AJ

W. and K.N.Rowland (Yate) Limited (Registered number: 01146524)

Abridged Statement of Financial Position
31 December 2023

31.12.23 31.12.22
Notes £    £   
CURRENT ASSETS
Debtors 8,960 9,232
Cash at bank 30,197 12,971
39,157 22,203
CREDITORS
Amounts falling due within one year 9,979 8,122
NET CURRENT ASSETS 29,178 14,081
TOTAL ASSETS LESS CURRENT
LIABILITIES

29,178

14,081

CREDITORS
Amounts falling due after more than one year 6,334 10,333
NET ASSETS 22,844 3,748

CAPITAL AND RESERVES
Called up share capital 2,000 2,000
Retained earnings 20,844 1,748
SHAREHOLDERS' FUNDS 22,844 3,748

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.

W. and K.N.Rowland (Yate) Limited (Registered number: 01146524)

Abridged Statement of Financial Position - 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.

All the members have consented to the preparation of an abridged Statement of Financial Position for the year ended 31 December 2023 in accordance with Section 444(2A) of the Companies Act 2006.

In accordance with Section 444 of the Companies Act 2006, the Statement of Comprehensive Income has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 19 September 2024 and were signed on its behalf by:





C R Porter - Director


W. and K.N.Rowland (Yate) Limited (Registered number: 01146524)

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

1. STATUTORY INFORMATION

W. and K.N.Rowland (Yate) 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. STATEMENT OF COMPLIANCE

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.

3. ACCOUNTING POLICIES

Basis of preparing the financial statements
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, excluding discounts, rebates, value added tax and other sales taxes.

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 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 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.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

4. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2022 - 2 ) .

W. and K.N.Rowland (Yate) Limited (Registered number: 01146524)

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

5. SECURED DEBTS

The following secured debts are included within creditors:

31.12.23 31.12.22
£    £   
Bank loans 10,334 14,333

The bank loan is a government backed bounce back loan.

6. 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:

31.12.23 31.12.22
£    £   
C R Porter
Balance outstanding at start of year 5,811 4,445
Amounts advanced 3,150 17,148
Amounts repaid - (15,782 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 8,961 5,811

7. ULTIMATE CONTROLLING PARTY

The company was controlled throughout the period by its directors by virtue of the fact that between them they own the majority of issued share capital.