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REGISTERED NUMBER: 00800833 (England and Wales)















Financial Statements for the Year Ended 31 May 2024

for

H.A. & C. Rowley Limited

H.A. & C. Rowley Limited (Registered number: 00800833)






Contents of the Financial Statements
for the Year Ended 31 May 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


H.A. & C. Rowley Limited

Company Information
for the Year Ended 31 May 2024







DIRECTORS: I C Rowley
R C Rowley





SECRETARY: Mrs S F Rowley





REGISTERED OFFICE: 27 Scotland Way
Horsforth
Leeds
West Yorkshire
LS18 5SQ





REGISTERED NUMBER: 00800833 (England and Wales)





ACCOUNTANTS: Richard Smedley Limited
Chartered Accountants & Registered Auditors
Richmond House
Lawnswood Business Park
Redvers Close
Leeds
West Yorkshire
LS16 6QY

H.A. & C. Rowley Limited (Registered number: 00800833)

Balance Sheet
31 May 2024

31.5.24 31.5.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 64,410 74,134

CURRENT ASSETS
Debtors 5 98,310 55,538
Cash at bank 533,854 547,900
632,164 603,438
CREDITORS
Amounts falling due within one year 6 153,342 130,651
NET CURRENT ASSETS 478,822 472,787
TOTAL ASSETS LESS CURRENT
LIABILITIES

543,232

546,921

PROVISIONS FOR LIABILITIES 11,032 13,095
NET ASSETS 532,200 533,826

CAPITAL AND RESERVES
Called up share capital 500 500
Retained earnings 531,700 533,326
SHAREHOLDERS' FUNDS 532,200 533,826

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 May 2024.

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

H.A. & C. Rowley Limited (Registered number: 00800833)

Balance Sheet - continued
31 May 2024


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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 18 December 2024 and were signed on its behalf by:





R C Rowley - Director


H.A. & C. Rowley Limited (Registered number: 00800833)

Notes to the Financial Statements
for the Year Ended 31 May 2024

1. STATUTORY INFORMATION

H.A. & C. Rowley 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 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 represents net invoiced sales of services excluding value added tax. Revenue is recognised when the company obtains the right to receive consideration for services provided.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Improvements to property - 10% on reducing balance
Plant and machinery - 10% on reducing balance
Office equipment - 10% on reducing balance and Straight line over 3 years
Motor vehicles - 25% on reducing balance

Financial instruments
Basic financial instruments are recognised at amortised costs. Derivative financial instruments are initially recorded at cost and thereafter at fair value with changes recognised in profit or loss.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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.

H.A. & C. Rowley Limited (Registered number: 00800833)

Notes to the Financial Statements - continued
for the Year Ended 31 May 2024

2. ACCOUNTING POLICIES - continued

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 6 (2023 - 6 ) .

4. TANGIBLE FIXED ASSETS
Improvements
to Plant and Office Motor
property machinery equipment vehicles Totals
£    £    £    £    £   
COST
At 1 June 2023 2,600 47,283 41,109 148,273 239,265
Additions - 4,973 121 - 5,094
At 31 May 2024 2,600 52,256 41,230 148,273 244,359
DEPRECIATION
At 1 June 2023 1,218 27,808 31,138 104,967 165,131
Charge for year 138 2,445 1,408 10,827 14,818
At 31 May 2024 1,356 30,253 32,546 115,794 179,949
NET BOOK VALUE
At 31 May 2024 1,244 22,003 8,684 32,479 64,410
At 31 May 2023 1,382 19,475 9,971 43,306 74,134

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.5.24 31.5.23
£    £   
Trade debtors 29,355 23,043
Other debtors 68,955 32,495
98,310 55,538

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.5.24 31.5.23
£    £   
Trade creditors 1,314 1,652
Taxation and social security 58,812 68,899
Other creditors 93,216 60,100
153,342 130,651

H.A. & C. Rowley Limited (Registered number: 00800833)

Notes to the Financial Statements - continued
for the Year Ended 31 May 2024

7. LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:
31.5.24 31.5.23
£    £   
Within one year 20,000 20,000
Between one and five years 21,666 41,667
41,666 61,667