REGISTERED NUMBER: |
Unaudited Financial Statements |
for the Period 29 January 2023 to 27 January 2024 |
for |
F.H.ROWSE LIMITED |
REGISTERED NUMBER: |
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: |
REGISTERED OFFICE: |
REGISTERED NUMBER: |
ACCOUNTANTS: |
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 |
Tangible assets | 5 |
Investments | 6 |
Investment property | 7 |
CURRENT ASSETS |
Stocks |
Debtors | 8 |
Cash at bank and in hand |
CREDITORS |
Amounts falling due within one year |
9 |
NET CURRENT LIABILITIES | ( |
) | ( |
) |
TOTAL ASSETS LESS CURRENT LIABILITIES |
CREDITORS |
Amounts falling due after more than one year |
10 |
( |
) |
( |
) |
PROVISIONS FOR LIABILITIES | ( |
) | ( |
) |
NET ASSETS |
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 |
Capital redemption reserve |
Retained earnings |
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 |
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 |
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 |
2. | ACCOUNTING POLICIES |
Basis of preparing the financial statements |
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 |
Plant and machinery etc | - |
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 |
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 |
AMORTISATION |
At 29 January 2023 |
Charge for period |
At 27 January 2024 |
NET BOOK VALUE |
At 27 January 2024 |
At 28 January 2023 |
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 |
Disposals | ( |
) |
At 27 January 2024 |
DEPRECIATION |
At 29 January 2023 |
Charge for period |
Eliminated on disposal | ( |
) |
At 27 January 2024 |
NET BOOK VALUE |
At 27 January 2024 |
At 28 January 2023 |
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 |
NET BOOK VALUE |
At 27 January 2024 |
At 28 January 2023 |
7. | INVESTMENT PROPERTY |
Total |
£ |
FAIR VALUE |
At 29 January 2023 |
Additions |
Disposals | ( |
) |
At 27 January 2024 |
NET BOOK VALUE |
At 27 January 2024 |
At 28 January 2023 |
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 |
Amounts owed by group undertakings |
Other debtors |
9. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
27.1.24 | 28.1.23 |
£ | £ |
Trade creditors |
Taxation and social security |
Other creditors |
10. | CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR |
27.1.24 | 28.1.23 |
£ | £ |
Other creditors |
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 |