REGISTERED NUMBER: |
Financial Statements for the Year Ended 28 February 2025 |
for |
Rowan Grove Management Company Limited |
REGISTERED NUMBER: |
Financial Statements for the Year Ended 28 February 2025 |
for |
Rowan Grove Management Company Limited |
Rowan Grove Management Company Limited (Registered number: 03437652) |
Contents of the Financial Statements |
for the Year Ended 28 February 2025 |
Page |
Company Information | 1 |
Balance Sheet | 2 |
Notes to the Financial Statements | 3 |
Rowan Grove Management Company Limited |
Company Information |
for the Year Ended 28 February 2025 |
DIRECTOR: |
REGISTERED OFFICE: |
REGISTERED NUMBER: |
ACCOUNTANTS: |
The Retreat |
406 Roding Lane South |
Woodford Green |
Essex |
IG8 8EY |
Rowan Grove Management Company Limited (Registered number: 03437652) |
Balance Sheet |
28 February 2025 |
28.2.25 | 29.2.24 |
Notes | £ | £ |
CURRENT ASSETS |
Cash at bank | 4 |
CREDITORS |
Amounts falling due within one year | 5 | ( |
) | ( |
) |
NET CURRENT ASSETS |
TOTAL ASSETS LESS CURRENT LIABILITIES |
CAPITAL AND RESERVES |
Called up share capital |
Other reserves |
Retained earnings | ( |
) | ( |
) |
SHAREHOLDERS' FUNDS |
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. |
The financial statements were approved by the director and authorised for issue on |
Rowan Grove Management Company Limited (Registered number: 03437652) |
Notes to the Financial Statements |
for the Year Ended 28 February 2025 |
1. | STATUTORY INFORMATION |
Rowan Grove management Company Limited is a private company,limited by shares,registered in England & 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 |
Turnover |
Turnover represents income received from tenants in accordance with the provisions of their leases. |
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. |
General reserves |
The general reserve has been established to meet the cost of large, non-regular repair and maintenance work. The present level of the fund may prove insufficient, given the substantial costs incurred this year and last and the uncertainty as to when further such costs may arise.. |
Any shortfall in these funds resulting from expenditure incurred will be charged to the Income and Expenditure account in that year. |
3. | EMPLOYEES AND DIRECTORS |
The average number of employees during the year was |
4. | CASH AT BANK |
Service charge money was held in trust at Barclays Bank Plc under the title: Mr G Smith. |
5. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
28.2.25 | 29.2.24 |
£ | £ |
Other creditors |
6. | RELATED PARTY DISCLOSURES |
Mr S C Smith is considered to be key management personnel. |