Silverfin false true 31/03/2024 01/04/2023 31/03/2024 Mr C R Rowe 26/02/2004 Mr M Rowe 26/02/2004 Mr R J Rowe 26/02/2004 25 November 2024 The principal activity of the business was that of a dormant company. 05057063 2024-03-31 05057063 bus:Director1 2024-03-31 05057063 bus:Director2 2024-03-31 05057063 bus:Director3 2024-03-31 05057063 core:CurrentFinancialInstruments 2024-03-31 05057063 core:CurrentFinancialInstruments 2023-03-31 05057063 2023-03-31 05057063 core:ShareCapital 2024-03-31 05057063 core:ShareCapital 2023-03-31 05057063 bus:OrdinaryShareClass1 2024-03-31 05057063 2023-04-01 2024-03-31 05057063 bus:FilletedAccounts 2023-04-01 2024-03-31 05057063 bus:SmallEntities 2023-04-01 2024-03-31 05057063 bus:AuditExempt-NoAccountantsReport 2023-04-01 2024-03-31 05057063 bus:PrivateLimitedCompanyLtd 2023-04-01 2024-03-31 05057063 bus:Director1 2023-04-01 2024-03-31 05057063 bus:Director2 2023-04-01 2024-03-31 05057063 bus:Director3 2023-04-01 2024-03-31 05057063 2022-04-01 2023-03-31 05057063 bus:OrdinaryShareClass1 2023-04-01 2024-03-31 05057063 bus:OrdinaryShareClass1 2022-04-01 2023-03-31 iso4217:GBP xbrli:pure xbrli:shares

Company No: 05057063 (England and Wales)

ROWE PROPERTY DEVELOPMENTS LIMITED

Unaudited Financial Statements
For the financial year ended 31 March 2024
Pages for filing with the registrar

ROWE PROPERTY DEVELOPMENTS LIMITED

Unaudited Financial Statements

For the financial year ended 31 March 2024

Contents

ROWE PROPERTY DEVELOPMENTS LIMITED

BALANCE SHEET

As at 31 March 2024
ROWE PROPERTY DEVELOPMENTS LIMITED

BALANCE SHEET (continued)

As at 31 March 2024
Note 2024 2023
£ £
Current assets
Debtors 3 3 3
3 3
Net current assets 3 3
Total assets less current liabilities 3 3
Net assets 3 3
Capital and reserves
Called-up share capital 4 3 3
Total shareholder's funds 3 3

Rowe Property Developments Limited (registered number: 05057063) did not trade during the current financial year and has made neither profit nor loss, nor any other comprehensive income. There have been no movements in shareholders’ funds during the current financial year and therefore no Statement of Changes of Equity has been included. For the financial year ending 31 March 2024 the Company was entitled to exemption from audit under section 480 of the Companies Act 2006 relating to dormant companies.

Directors' responsibilities:

The financial statements of Rowe Property Developments Limited (registered number: 05057063) were approved and authorised for issue by the Board of Directors on 25 November 2024. They were signed on its behalf by:

Mr C R Rowe
Director
ROWE PROPERTY DEVELOPMENTS LIMITED

NOTES TO THE FINANCIAL STATEMENTS

For the financial year ended 31 March 2024
ROWE PROPERTY DEVELOPMENTS LIMITED

NOTES TO THE FINANCIAL STATEMENTS

For the financial year ended 31 March 2024
1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial year and to the preceding financial year, unless otherwise stated.

General information and basis of accounting

Rowe Property Developments Limited (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the Company's registered office is C/O Francis Clark Llp Melville Building East, Royal William Yard, Plymouth, PL1 3RP, United Kingdom.

The financial statements have been prepared under the historical cost convention, modified to include certain items at fair value, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.

The financial statements are presented in pounds sterling which is the functional currency of the Company and rounded to the nearest £.

Financial instruments

Financial assets and financial liabilities are recognised when the Company becomes a party to the contractual provisions of the instrument.

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the Company after deducting all of its liabilities.

Financial assets and liabilities are only offset in the Balance Sheet when, and only when there exists a legally enforceable right to set off the recognised amounts and the Company intends either to settle on a net basis, or to realise the asset and settle the liability simultaneously.

Basic financial assets
Basic financial assets receivable within one year, such as trade debtors and bank balances, are measured at transaction price less any impairment.

Basic financial assets receivable within more than one year are measured at amortised cost less any impairment.

Financial assets are derecognised when and only when the contractual rights to the cash flows from the financial asset expire or are settled, or the Company transfers to another party substantially all of the risks and rewards of ownership of the financial asset, or the Company, despite having retained some, but not all, significant risks and rewards of ownership, has transferred control of the asset to another party.

Basic financial liabilities
Basic financial liabilities that have no stated interest rate and are payable within one year, such as trade creditors, are measured at transaction price.

Other basic financial liabilities are measured at amortised cost.

Financial liabilities are derecognised when the company’s contractual obligations expire or are discharged or cancelled.

2. Employees

2024 2023
Number Number
Monthly average number of persons employed by the Company during the year, including directors 0 0

3. Debtors

2024 2023
£ £
Amounts owed by Group undertakings 3 3

4. Called-up share capital

2024 2023
£ £
Allotted, called-up and fully-paid
3 Ordinary shares of £ 1.00 each 3 3

5. Ultimate controlling party

Parent Company:

The companies immediate parent company is Rowe Estates (UK) Limited, incorporated in England and Wales. The ultimate parent company is Rowe Estates Holding Limited, incorporated in England and Wales.