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REGISTERED NUMBER: 11570155 (England and Wales)











UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 29 FEBRUARY 2024

FOR

TROWLE HOUSE LIMITED

TROWLE HOUSE LIMITED (REGISTERED NUMBER: 11570155)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 29 FEBRUARY 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


TROWLE HOUSE LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 29 FEBRUARY 2024







DIRECTORS: C L Braunbarth
J L Smith





REGISTERED OFFICE: The Green
Wingfield
Trowbridge
Wiltshire
BA14 9LE





REGISTERED NUMBER: 11570155 (England and Wales)





ACCOUNTANTS: Berkeley Hall Marshall Limited
6 Charlotte Street
Bath
BA1 2NE

TROWLE HOUSE LIMITED (REGISTERED NUMBER: 11570155)

BALANCE SHEET
29 FEBRUARY 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 1,383,687 1,088,303
Investments 5 289,723 183,782
1,673,410 1,272,085

CURRENT ASSETS
Stocks 10,083 10,083
Debtors 6 24,946 29,956
Cash at bank and in hand 3,651 397
38,680 40,436
CREDITORS
Amounts falling due within one year 7 2,359,075 1,775,183
NET CURRENT LIABILITIES (2,320,395 ) (1,734,747 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

(646,985

)

(462,662

)

CAPITAL AND RESERVES
Called up share capital 30 30
Retained earnings (647,015 ) (462,692 )
(646,985 ) (462,662 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 29 February 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 29 February 2024 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.

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 Board of Directors and authorised for issue on 26 October 2024 and were signed on its behalf by:



J L Smith - Director


TROWLE HOUSE LIMITED (REGISTERED NUMBER: 11570155)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 29 FEBRUARY 2024

1. STATUTORY INFORMATION

Trowle House 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 accounts have been prepared on a going concern basis, on the understanding that one of the directors, who is also the sole shareholder, will continue to financially support the company for a period of 12 months from the date of these financial statements. This support will be reviewed at that time.

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 - 15% on cost

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 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 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.

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.

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 3 (2023 - 2 ) .

TROWLE HOUSE LIMITED (REGISTERED NUMBER: 11570155)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 29 FEBRUARY 2024

4. TANGIBLE FIXED ASSETS
Plant and
Land and machinery
buildings etc Totals
£    £    £   
COST
At 1 March 2023 987,270 164,400 1,151,670
Additions 194,541 147,650 342,191
At 29 February 2024 1,181,811 312,050 1,493,861
DEPRECIATION
At 1 March 2023 - 63,367 63,367
Charge for year - 46,807 46,807
At 29 February 2024 - 110,174 110,174
NET BOOK VALUE
At 29 February 2024 1,181,811 201,876 1,383,687
At 28 February 2023 987,270 101,033 1,088,303

5. FIXED ASSET INVESTMENTS
Other
investments
£   
COST
At 1 March 2023 183,782
Additions 105,941
At 29 February 2024 289,723
NET BOOK VALUE
At 29 February 2024 289,723
At 28 February 2023 183,782

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Other debtors 24,946 29,956

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade creditors 15,196 9,036
Taxation and social security (2,860 ) 708
Other creditors 2,346,739 1,765,439
2,359,075 1,775,183