Company Registration No. 09037059 (England and Wales)
Rowans Fire Limited
Unaudited accounts
for the year ended 31 March 2025
Rowans Fire Limited
Unaudited accounts
Contents
Rowans Fire Limited
Company Information
for the year ended 31 March 2025
Directors
Judith Caroline Evans
Sarah Weir
Company Number
09037059 (England and Wales)
Registered Office
27 Gringley Road
Misterton
Notts
DN10 4AP
Accountants
Accsafe Ltd T/A D&K Accounting
Office 2, The Beehive
Bawtry Hall
Bawtry
South Yorkshire
DN10 6JH
Rowans Fire Limited
Statement of financial position
as at 31 March 2025
Tangible assets
35,141
28,229
Cash at bank and in hand
88,473
191,398
Creditors: amounts falling due within one year
(103,011)
(119,093)
Net current assets
78,376
97,776
Total assets less current liabilities
113,517
126,005
Creditors: amounts falling due after more than one year
(2,492)
(1,674)
Provisions for liabilities
Deferred tax
(2,193)
(6,744)
Net assets
108,832
117,587
Called up share capital
100
100
Profit and loss account
108,732
117,487
Shareholders' funds
108,832
117,587
For the year ending 31 March 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 1 May 2025 and were signed on its behalf by
Judith Caroline Evans
Director
Company Registration No. 09037059
Rowans Fire Limited
Notes to the Accounts
for the year ended 31 March 2025
Rowans Fire Limited is a private company, limited by shares, registered in England and Wales, registration number 09037059. The registered office is 27 Gringley Road, Misterton, Notts, DN10 4AP.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Land & buildings
2% Reducing Balance Method
Plant & machinery
25% Reducing Balance Method
Motor vehicles
25% Reducing Balance Method
Fixtures & fittings
15% Straight Line Method
Computer equipment
33% Reducing Balance Method
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws.
Deferred tax assets and liabilities are not discounted.
Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged against profit on a straight line basis over the lease term.
Assets held under finance leases and hire purchase contracts are capitalised and depreciated over their useful lives. The corresponding lease or hire purchase obligation is treated in the balance sheet as a liability. The interest element of rental obligations is charged to the profit and loss account over the period of the lease at a constant proportion of the outstanding balance of capital repayments.
Rowans Fire Limited
Notes to the Accounts
for the year ended 31 March 2025
4
Tangible fixed assets
Land & buildings
Plant & machinery
Motor vehicles
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At cost
At cost
At 1 April 2024
8,108
759
31,687
-
4,230
44,784
Additions
-
-
27,208
765
1,698
29,671
Disposals
-
-
(31,687)
-
-
(31,687)
At 31 March 2025
8,108
759
27,208
765
5,928
42,768
At 1 April 2024
1,165
684
11,882
-
2,824
16,555
Charge for the year
139
19
5,568
19
510
6,255
On disposals
-
-
(15,183)
-
-
(15,183)
At 31 March 2025
1,304
703
2,267
19
3,334
7,627
At 31 March 2025
6,804
56
24,941
746
2,594
35,141
At 31 March 2024
6,943
75
19,805
-
1,406
28,229
Amounts falling due within one year
Trade debtors
92,914
24,690
6
Creditors: amounts falling due within one year
2025
2024
Obligations under finance leases and hire purchase contracts
4,407
5,929
Taxes and social security
29,275
35,960
Loans from directors
30,272
58,779
7
Creditors: amounts falling due after more than one year
2025
2024
Obligations under finance leases and hire purchase contracts
2,492
1,674
8
Average number of employees
During the year the average number of employees was 4 (2024: 3).