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REGISTERED NUMBER: SC490002 (Scotland)


















UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 OCTOBER 2023

FOR

ROWANMARK LIMITED
T/A
MEADOW ROAD COFFEE

ROWANMARK LIMITED (REGISTERED NUMBER: SC490002)
T/A MEADOW ROAD COFFEE






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


ROWANMARK LIMITED
T/A MEADOW ROAD COFFEE

COMPANY INFORMATION
FOR THE YEAR ENDED 31 OCTOBER 2023







DIRECTOR: Kevan Archibald Cargill





SECRETARY: Karen Tracey Condie





REGISTERED OFFICE: 109 Douglas Street
Glasgow
G2 4HB





REGISTERED NUMBER: SC490002 (Scotland)





ACCOUNTANTS: Stewart Gilmour & Co.
3rd Floor
St George's Buildings
5 St Vincent Place
Glasgow
G1 2DH

ROWANMARK LIMITED (REGISTERED NUMBER: SC490002)
T/A MEADOW ROAD COFFEE

BALANCE SHEET
31 OCTOBER 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 14,829 18,321

CURRENT ASSETS
Stocks 802 747
Debtors 5 1,000 1,000
Cash at bank 18,775 31,696
20,577 33,443
CREDITORS
Amounts falling due within one year 6 21,387 22,467
NET CURRENT (LIABILITIES)/ASSETS (810 ) 10,976
TOTAL ASSETS LESS CURRENT
LIABILITIES

14,019

29,297

PROVISIONS FOR LIABILITIES 3,481 3,481
NET ASSETS 10,538 25,816

CAPITAL AND RESERVES
Called up share capital 8 1 1
Retained earnings 10,537 25,815
SHAREHOLDERS' FUNDS 10,538 25,816

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 October 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 October 2023 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.

ROWANMARK LIMITED (REGISTERED NUMBER: SC490002)
T/A MEADOW ROAD COFFEE

BALANCE SHEET - continued
31 OCTOBER 2023


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 30 October 2024 and were signed by:





Kevan Archibald Cargill - Director


ROWANMARK LIMITED (REGISTERED NUMBER: SC490002)
T/A MEADOW ROAD COFFEE

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2023

1. STATUTORY INFORMATION

Rowanmark Limited is a private company, limited by shares , registered in Scotland. 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.

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

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 - 10% on cost
Fixtures and fittings - 20% on cost
Motor vehicles - 25% on reducing balance

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 5 (2022 - 7 ) .

ROWANMARK LIMITED (REGISTERED NUMBER: SC490002)
T/A MEADOW ROAD COFFEE

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 OCTOBER 2023

4. TANGIBLE FIXED ASSETS
Fixtures
Plant and and Motor
machinery fittings vehicles Totals
£    £    £    £   
COST
At 1 November 2022 7,229 15,475 25,500 48,204
Additions 1,430 - - 1,430
At 31 October 2023 8,659 15,475 25,500 49,634
DEPRECIATION
At 1 November 2022 7,229 14,685 7,969 29,883
Charge for year 143 396 4,383 4,922
At 31 October 2023 7,372 15,081 12,352 34,805
NET BOOK VALUE
At 31 October 2023 1,287 394 13,148 14,829
At 31 October 2022 - 790 17,531 18,321

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Other debtors 1,000 1,000

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Taxation and social security 4,057 5,786
Other creditors 17,330 16,681
21,387 22,467

7. LEASING AGREEMENTS
At 31 October 2023 the company had total commitments under non-cancellable operating leases over the remaining life of those leases of £8,530 (2022: £14,770).

8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2023 2022
value: £    £   
1 Ordinary £1 1 1