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REGISTERED NUMBER: 00158243 (England and Wales)















Unaudited Financial Statements

for the Period 29 January 2023 to 27 January 2024

for

F.H.ROWSE LIMITED

F.H.ROWSE LIMITED (Registered number: 00158243)






Contents of the Financial Statements
for the Period 29 January 2023 to 27 January 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 5


F.H.ROWSE LIMITED

Company Information
for the Period 29 January 2023 to 27 January 2024







DIRECTOR: R Rowse





REGISTERED OFFICE: 4 St Mary's Street
Wallingford
Oxfordshire
OX10 0EY





REGISTERED NUMBER: 00158243 (England and Wales)





ACCOUNTANTS: Friends.Tax LLP
Pippins
Cherry Drive
Forty Green
Beaconsfield
Buckinghamshire
HP9 1XP

F.H.ROWSE LIMITED (Registered number: 00158243)

Balance Sheet
27 January 2024

27.1.24 28.1.23
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 2,500 5,000
Tangible assets 5 29,195 52,544
Investments 6 69,800 69,800
Investment property 7 7,968,374 8,414,856
8,069,869 8,542,200

CURRENT ASSETS
Stocks 139,251 142,541
Debtors 8 3,539,089 3,451,370
Cash at bank and in hand 193,325 236,388
3,871,665 3,830,299
CREDITORS
Amounts falling due within one
year

9

5,493,837

5,769,491
NET CURRENT LIABILITIES (1,622,172 ) (1,939,192 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

6,447,697

6,603,008

CREDITORS
Amounts falling due after more
than one year

10

(14,646

)

(8,641

)

PROVISIONS FOR LIABILITIES (67,048 ) (52,280 )
NET ASSETS 6,366,003 6,542,087

F.H.ROWSE LIMITED (Registered number: 00158243)

Balance Sheet - continued
27 January 2024

27.1.24 28.1.23
Notes £    £    £    £   
CAPITAL AND RESERVES
Called up share capital 7,435 7,435
Capital redemption reserve 45,265 45,265
Retained earnings 6,313,303 6,489,387
6,366,003 6,542,087

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 27 January 2024.

The members have not required the company to obtain an audit of its financial statements for the period ended 27 January 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

F.H.ROWSE LIMITED (Registered number: 00158243)

Balance Sheet - continued
27 January 2024


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 director and authorised for issue on 16 October 2024 and were signed by:





R Rowse - Director


F.H.ROWSE LIMITED (Registered number: 00158243)

Notes to the Financial Statements
for the Period 29 January 2023 to 27 January 2024

1. STATUTORY INFORMATION

F.H.ROWSE 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.

The company has net current liabilities of £1,622,172 (2023: £1,939,192) as a result of amounts owed to the director. The director has confirmed that he will continue to support he company for the foreseeable future by not requesting the repayment of this debt until the company is in a position to be able to repay it. For this reason the accounts have been prepared on a going concern basis.

Preparation of consolidated financial statements
The financial statements contain information about F.H.ROWSE LIMITED as an individual company and do not contain consolidated financial information as the parent of a group. The company is exempt under Section 399(2A) of the Companies Act 2006 from the requirements to prepare consolidated financial statements.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

F.H.ROWSE LIMITED (Registered number: 00158243)

Notes to the Financial Statements - continued
for the Period 29 January 2023 to 27 January 2024

2. ACCOUNTING POLICIES - continued

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery etc - 25% on reducing balance, 25% - 33.3% on cost and 20% on cost

Investments in subsidiaries
Investments in subsidiary undertakings are recognised at cost.

Investment property
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation
Taxation for the period 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.


F.H.ROWSE LIMITED (Registered number: 00158243)

Notes to the Financial Statements - continued
for the Period 29 January 2023 to 27 January 2024

2. ACCOUNTING POLICIES - continued
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 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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the period was 10 (2023 - 15 ) .

F.H.ROWSE LIMITED (Registered number: 00158243)

Notes to the Financial Statements - continued
for the Period 29 January 2023 to 27 January 2024

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 29 January 2023
and 27 January 2024 50,000
AMORTISATION
At 29 January 2023 45,000
Charge for period 2,500
At 27 January 2024 47,500
NET BOOK VALUE
At 27 January 2024 2,500
At 28 January 2023 5,000

F.H.ROWSE LIMITED (Registered number: 00158243)

Notes to the Financial Statements - continued
for the Period 29 January 2023 to 27 January 2024

5. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 29 January 2023 117,519
Disposals (37,202 )
At 27 January 2024 80,317
DEPRECIATION
At 29 January 2023 64,975
Charge for period 10,270
Eliminated on disposal (24,123 )
At 27 January 2024 51,122
NET BOOK VALUE
At 27 January 2024 29,195
At 28 January 2023 52,544

F.H.ROWSE LIMITED (Registered number: 00158243)

Notes to the Financial Statements - continued
for the Period 29 January 2023 to 27 January 2024

6. FIXED ASSET INVESTMENTS
Shares in
group
undertakings
£   
COST
At 29 January 2023
and 27 January 2024 69,800
NET BOOK VALUE
At 27 January 2024 69,800
At 28 January 2023 69,800

7. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 29 January 2023 8,414,856
Additions 3,518
Disposals (450,000 )
At 27 January 2024 7,968,374
NET BOOK VALUE
At 27 January 2024 7,968,374
At 28 January 2023 8,414,856

Investment property was valued by the director at 31st January 2024.

Had the investment properties not been revalued the historical costs recorded would have been £7,619,236 (2023: 8,214,836).

F.H.ROWSE LIMITED (Registered number: 00158243)

Notes to the Financial Statements - continued
for the Period 29 January 2023 to 27 January 2024

8. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
27.1.24 28.1.23
£    £   
Trade debtors 36,924 62,853
Amounts owed by group undertakings 591,493 651,493
Other debtors 2,910,672 2,737,024
3,539,089 3,451,370

9. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
27.1.24 28.1.23
£    £   
Trade creditors 51,444 48,666
Taxation and social security 60,705 24,998
Other creditors 5,381,688 5,695,827
5,493,837 5,769,491

10. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN
ONE YEAR
27.1.24 28.1.23
£    £   
Other creditors 14,646 8,641

F.H.ROWSE LIMITED (Registered number: 00158243)

Notes to the Financial Statements - continued
for the Period 29 January 2023 to 27 January 2024

11. RELATED PARTY DISCLOSURES

During the period £200,000 (2023:nil) was repaid to the directors of the company and £nil (2023: £1,870) was advanced by the director to the company. £603 (2023:£9,817) of expenses were paid by the company on behalf of the directors. At the balance sheet date the company owed the director £4861,541 (2023:£5,062,144.) The balance is interest free and repayable on demand.

At the balance sheet date the company was owed £2,896,059 (2023: £2,715,838) by companies under common control and owed £501,442 (2023: £599,712) to companies under common control.

It was owed £591,493 (2023:£ 645,173) by John Sanders Limited, a subsidiary company.

12. ULTIMATE CONTROLLING PARTY

The controlling party is R Rowse.

The ultimate controlling party is R Rowse.