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REGISTERED NUMBER: 05605991 (England and Wales)










UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JANUARY 2025

FOR

R J STOWE LIMITED

R J STOWE LIMITED (REGISTERED NUMBER: 05605991)

CONTENTS OF THE FINANCIAL STATEMENTS
for the Year Ended 31 January 2025










Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 4


R J STOWE LIMITED

COMPANY INFORMATION
for the Year Ended 31 January 2025







DIRECTORS: L J Stowe
R G Stowe





REGISTERED OFFICE: 32 Station Road
Nether Whitacre
Coleshill
BIRMINGHAM
B46 2EH





REGISTERED NUMBER: 05605991 (England and Wales)





ACCOUNTANTS: Bernard Rogers & Co
Payton House
Guild Street
Stratford-upon-Avon
Warwickshire
CV37 6RP

R J STOWE LIMITED (REGISTERED NUMBER: 05605991)

STATEMENT OF FINANCIAL POSITION
31 January 2025

2025 2024
Notes £    £    £   
FIXED ASSETS
Intangible assets 4 4,000 8,000
Tangible assets 5 57,228 73,832
61,228 81,832

CURRENT ASSETS
Stocks 11,187 13,502
Debtors 6 107,227 599,673
Cash at bank and in hand 309,667 515,258
428,081 1,128,433
CREDITORS
Amounts falling due within one year 7 139,077 155,841
NET CURRENT ASSETS 289,004 972,592
TOTAL ASSETS LESS CURRENT
LIABILITIES

350,232

1,054,424

PROVISIONS FOR LIABILITIES 8 8,045 14,028
NET ASSETS 342,187 1,040,396

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 342,087 1,040,296
342,187 1,040,396

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2025 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.

R J STOWE LIMITED (REGISTERED NUMBER: 05605991)

STATEMENT OF FINANCIAL POSITION - continued
31 January 2025


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 15 May 2025 and were signed on its behalf by:




L J Stowe - Director



R G Stowe - Director


R J STOWE LIMITED (REGISTERED NUMBER: 05605991)

NOTES TO THE FINANCIAL STATEMENTS
for the Year Ended 31 January 2025


1. STATUTORY INFORMATION

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

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2006, is being amortised evenly over its estimated useful life of twenty years.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

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 - 25% on reducing balance
Fixtures and fittings - 25% on reducing balance
Motor vehicles - 25% on reducing balance
Computer equipment - Straight line over 3 years

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 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 statement of financial position date.


R J STOWE LIMITED (REGISTERED NUMBER: 05605991)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 31 January 2025


2. ACCOUNTING POLICIES - continued
Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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.

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 7 (2024 - 7 ) .

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 February 2024
and 31 January 2025 80,000
AMORTISATION
At 1 February 2024 72,000
Charge for year 4,000
At 31 January 2025 76,000
NET BOOK VALUE
At 31 January 2025 4,000
At 31 January 2024 8,000

R J STOWE LIMITED (REGISTERED NUMBER: 05605991)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 31 January 2025


5. TANGIBLE FIXED ASSETS
Fixtures
Plant and and Motor Computer
machinery fittings vehicles equipment Totals
£    £    £    £    £   
COST
At 1 February 2024 78,362 239 93,345 4,482 176,428
Additions - - 26,650 - 26,650
Disposals - - (93,345 ) - (93,345 )
At 31 January 2025 78,362 239 26,650 4,482 109,733
DEPRECIATION
At 1 February 2024 35,880 239 62,135 4,342 102,596
Charge for year 5,241 - 6,663 140 12,044
Eliminated on disposal - - (62,135 ) - (62,135 )
At 31 January 2025 41,121 239 6,663 4,482 52,505
NET BOOK VALUE
At 31 January 2025 37,241 - 19,987 - 57,228
At 31 January 2024 42,482 - 31,210 140 73,832

6. DEBTORS
2025 2024
£    £   
Amounts falling due within one year:
Trade debtors 106,268 98,250
Other debtors 959 1,423
107,227 99,673

Amounts falling due after more than one year:
Other debtors - 500,000

Aggregate amounts 107,227 599,673

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2024
£    £   
Trade creditors 26,729 42,743
Taxation and social security 98,241 102,077
Other creditors 14,107 11,021
139,077 155,841

R J STOWE LIMITED (REGISTERED NUMBER: 05605991)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 31 January 2025


8. PROVISIONS FOR LIABILITIES
2025 2024
£    £   
Deferred tax 8,045 14,028

Deferred
tax
£   
Balance at 1 February 2024 14,028
Credit to Statement of Income and Retained Earnings during year (5,983 )
Balance at 31 January 2025 8,045

9. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 31 January 2025 and 31 January 2024:

2025 2024
£    £   
R J Stowe and Mrs S E Stowe
Balance outstanding at start of year 228 168
Amounts advanced - 60
Amounts repaid - -
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year - 228

10. RELATED PARTY DISCLOSURES

During the year, the director’s current account became overdrawn, the maximum amount and the year end balance was £227.

11. CONTROLLING PARTY

The company was under the control of R&L Coatings Ltd