A E R Rowe Financial Consulting Limited 09994852 false 2023-03-01 2024-02-29 2024-02-29 The principal activity of the company is consultancy Digita Accounts Production Advanced 6.30.9574.0 true 09994852 2023-03-01 2024-02-29 09994852 2024-02-29 09994852 core:RetainedEarningsAccumulatedLosses 2024-02-29 09994852 core:ShareCapital 2024-02-29 09994852 core:CurrentFinancialInstruments 2024-02-29 09994852 core:CurrentFinancialInstruments core:WithinOneYear 2024-02-29 09994852 bus:SmallEntities 2023-03-01 2024-02-29 09994852 bus:AuditExemptWithAccountantsReport 2023-03-01 2024-02-29 09994852 bus:FilletedAccounts 2023-03-01 2024-02-29 09994852 bus:SmallCompaniesRegimeForAccounts 2023-03-01 2024-02-29 09994852 bus:RegisteredOffice 2023-03-01 2024-02-29 09994852 bus:Director1 2023-03-01 2024-02-29 09994852 bus:PrivateLimitedCompanyLtd 2023-03-01 2024-02-29 09994852 countries:EnglandWales 2023-03-01 2024-02-29 09994852 2022-03-01 2023-02-28 09994852 2023-02-28 09994852 core:RetainedEarningsAccumulatedLosses 2023-02-28 09994852 core:ShareCapital 2023-02-28 09994852 core:CurrentFinancialInstruments 2023-02-28 09994852 core:CurrentFinancialInstruments core:WithinOneYear 2023-02-28 iso4217:GBP xbrli:pure

Registration number: 09994852

A E R Rowe Financial Consulting Limited
 

Annual Report and Unaudited Financial Statements- Companies house filing

for the Year Ended 29 February 2024

 

A E R Rowe Financial Consulting Limited

(Registration number: 09994852)
Statement of Financial Position as at 29 February 2024

Note

2024
£

2023
£

Current assets

 

Debtors

4

1,691

3,303

Cash at bank and in hand

 

83,564

113,266

 

85,255

116,569

Creditors: Amounts falling due within one year

5

(16,959)

(19,243)

Net assets

 

68,296

97,326

Capital and reserves

 

Called up share capital

100

100

Profit and loss account

68,196

97,226

Shareholders' funds

 

68,296

97,326

For the financial year ending 29 February 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and

The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the director has not delivered to the registrar a copy of the Income Statement.

Approved and authorised by the director on 18 October 2024
 

.........................................
Mr A E R Rowe
Director

 

A E R Rowe Financial Consulting Limited

Notes to the Unaudited Financial Statements for the Year Ended 29 February 2024

1

General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is: 15 Yatesbury, Calne, Wiltshire, SN11 8YG.

2

Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

The financial statements are prepared in sterling, which is the functional currency of the entity.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the provision of services in the ordinary course of the company’s activities.

The company recognises revenue when the amount of revenue can be reliably measured, it is probable that future economic benefits will flow to the entity and specific criteria have been met for each of the company's activities.

Tax

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

Trade debtors

Short term debtors are measured at transaction price, less any impairment.

Cash and cash equivalents

Cash is represented by cash in hand and bank deposits.

Trade creditors

Short term creditors are measured at the transaction price.

 

A E R Rowe Financial Consulting Limited

Notes to the Unaudited Financial Statements for the Year Ended 29 February 2024

Defined contribution pension obligation

A defined contribution plan is a pension plan under which fixed contributions are paid into a pension fund and the company has no legal or constructive obligation to pay further contributions even if the fund does not hold sufficient assets to pay all employees the benefits relating to employee service in the current and prior periods.

Contributions to defined contribution plans are recognised as employee benefit expense when they are due. If contribution payments exceed the contribution due for service, the excess is recognised as a prepayment.

Employee benefits

Short-term employee benefits are recognised as an expense in the period which they are incurred.

Financial instruments

The Company only enters into basic financial instruments transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans from banks and other third parties and loans to related parties.

3

Staff numbers

The average number of persons employed by the company (including the director) during the year, was 1 (2023 - 1).

4

Debtors

2024
£

2023
£

Other debtors

1,691

3,303

1,691

3,303

5

Creditors

Creditors: amounts falling due within one year

2024
£

2023
£

Accruals and deferred income

1,092

1,076

Other creditors

15,867

18,167

16,959

19,243