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REGISTERED NUMBER: 09801896 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 August 2024

for

Rowland Homes (Wellington) Limited

Rowland Homes (Wellington) Limited (Registered number: 09801896)






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




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4

Report of the Accountants 7

Rowland Homes (Wellington) Limited

Company Information
for the Year Ended 31 August 2024







DIRECTORS: A Rowland
Mrs D L Rowland





REGISTERED OFFICE: Unit A3
Summerfield Avenue
Chelston Business Park
Wellington
Somerset
TA21 9ND





REGISTERED NUMBER: 09801896 (England and Wales)





ACCOUNTANTS: A Plus Accountancy & Business Solutions Limited
The Mount
21 High Street
Wellington
Somerset
TA21 8QT

Rowland Homes (Wellington) Limited (Registered number: 09801896)

Balance Sheet
31 August 2024

31.8.24 31.8.23
Notes £    £    £   
FIXED ASSETS
Tangible assets 4 712,719 645,448

CURRENT ASSETS
Debtors 5 6,612 1,795
Cash at bank 172,656 147,651
179,268 149,446
CREDITORS
Amounts falling due within one year 6 2,751 2,688
NET CURRENT ASSETS 176,517 146,758
TOTAL ASSETS LESS CURRENT
LIABILITIES

889,236

792,206

CREDITORS
Amounts falling due after more than one
year

7

(242,239

)

(149,858

)

PROVISIONS FOR LIABILITIES (29,200 ) (29,200 )
NET ASSETS 617,797 613,148

CAPITAL AND RESERVES
Called up share capital 100 100
Fair value reserve 8 153,682 153,682
Retained earnings 464,015 459,366
617,797 613,148

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

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

Rowland Homes (Wellington) Limited (Registered number: 09801896)

Balance Sheet - continued
31 August 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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 22 May 2025 and were signed on its behalf by:





A Rowland - Director


Rowland Homes (Wellington) Limited (Registered number: 09801896)

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

1. STATUTORY INFORMATION

Rowland Homes (Wellington) 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 as modified by the revaluation of certain assets.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Tools & equipment - 20% on reducing balance

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.

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2023 - NIL).

Rowland Homes (Wellington) Limited (Registered number: 09801896)

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

4. TANGIBLE FIXED ASSETS
Improvements
Freehold to Tools &
property property equipment Totals
£    £    £    £   
COST OR VALUATION
At 1 September 2023 595,877 49,527 69 645,473
Additions - 67,280 - 67,280
At 31 August 2024 595,877 116,807 69 712,753
DEPRECIATION
At 1 September 2023 - - 25 25
Charge for year - - 9 9
At 31 August 2024 - - 34 34
NET BOOK VALUE
At 31 August 2024 595,877 116,807 35 712,719
At 31 August 2023 595,877 49,527 44 645,448

Cost or valuation at 31 August 2024 is represented by:

Improvements
Freehold to Tools &
property property equipment Totals
£    £    £    £   
Valuation in 2020 442,195 25,332 - 467,527
Valuation in 2021 153,682 4,877 - 158,559
Valuation in 2022 - 12,719 69 12,788
Valuation in 2023 - 6,599 - 6,599
Valuation in 2024 - 67,280 - 67,280
595,877 116,807 69 712,753

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.8.24 31.8.23
£    £   
Other debtors 6,612 1,795

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.8.24 31.8.23
£    £   
Trade creditors - 69
Taxation and social security 1,875 1,796
Other creditors 876 823
2,751 2,688

Rowland Homes (Wellington) Limited (Registered number: 09801896)

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

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.8.24 31.8.23
£    £   
Amounts owed to associates 242,239 149,858

8. RESERVES
Fair
value
reserve
£   
At 1 September 2023
and 31 August 2024 153,682

9. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 31 August 2024 and 31 August 2023:

31.8.24 31.8.23
£    £   
A Rowland
Balance outstanding at start of year - -
Amounts advanced - 1,617
Amounts repaid - (1,617 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year - -

Mrs D L Rowland
Balance outstanding at start of year - -
Amounts advanced - 1,617
Amounts repaid - (1,617 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year - -

Rowland Homes (Wellington) Limited

Report of the Accountants to the Directors of
Rowland Homes (Wellington) Limited

The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

As described on the Balance Sheet you are responsible for the preparation of the financial statements for the year ended 31 August 2024 set out on pages two to six and you consider that the company is exempt from an audit.

In accordance with your instructions, we have compiled these unaudited financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and information and explanations supplied to us.






A Plus Accountancy & Business Solutions Limited
The Mount
21 High Street
Wellington
Somerset
TA21 8QT


Date: .............................................