IRIS Accounts Production v25.1.4.42 15144072 Board of Directors 18.9.23 31.12.24 31.12.24 false true false false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh151440722023-09-17151440722024-12-31151440722023-09-182024-12-31151440722023-09-1715144072ns15:EnglandWales2023-09-182024-12-3115144072ns14:PoundSterling2023-09-182024-12-3115144072ns10:Director12023-09-182024-12-3115144072ns10:PrivateLimitedCompanyLtd2023-09-182024-12-3115144072ns10:SmallEntities2023-09-182024-12-3115144072ns10:AuditExempt-NoAccountantsReport2023-09-182024-12-3115144072ns10:SmallCompaniesRegimeForDirectorsReport2023-09-182024-12-3115144072ns10:SmallCompaniesRegimeForAccounts2023-09-182024-12-3115144072ns10:FullAccounts2023-09-182024-12-311514407212023-09-182024-12-3115144072ns10:Director22023-09-182024-12-3115144072ns10:Director32023-09-182024-12-3115144072ns10:RegisteredOffice2023-09-182024-12-3115144072ns5:CurrentFinancialInstruments2024-12-3115144072ns5:ShareCapital2024-12-3115144072ns5:RetainedEarningsAccumulatedLosses2024-12-3115144072ns5:IntangibleAssetsOtherThanGoodwill2023-09-182024-12-3115144072ns5:ComputerSoftware2023-09-182024-12-3115144072ns5:FurnitureFittings2023-09-182024-12-3115144072ns5:ComputerEquipment2023-09-182024-12-3115144072ns5:ComputerSoftware2024-12-3115144072ns5:LandBuildingsns5:ShortLeaseholdAssets2023-09-182024-12-3115144072ns5:LandBuildingsns5:ShortLeaseholdAssets2024-12-3115144072ns5:FurnitureFittings2024-12-3115144072ns5:ComputerEquipment2024-12-3115144072ns5:WithinOneYearns5:CurrentFinancialInstruments2024-12-3115144072ns5:BetweenOneFiveYears2024-12-31151440723ns10:Director32023-09-17151440723ns10:Director32023-09-182024-12-31151440723ns10:Director32024-12-31
REGISTERED NUMBER: 15144072 (England and Wales)















ROWE & CO HOMES GROUP LIMITED

Unaudited Financial Statements

for the Period 18 September 2023 to 31 December 2024






ROWE & CO HOMES GROUP LIMITED (REGISTERED NUMBER: 15144072)






Contents of the Financial Statements
for the Period 18 September 2023 to 31 December 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


ROWE & CO HOMES GROUP LIMITED

Company Information
for the Period 18 September 2023 to 31 December 2024







DIRECTORS: J W Ackrill
Mrs C M Ackrill
R J Rowe





REGISTERED OFFICE: 17-19, 2nd Floor, The Exchange Newhall S
Birmingham
West Midlands
B3 3PJ





REGISTERED NUMBER: 15144072 (England and Wales)





ACCOUNTANTS: Michael Dufty Partnership Limited
59-61 Charlotte Street
St Pauls Square
Birmingham
West Midlands
B3 1PX

ROWE & CO HOMES GROUP LIMITED (REGISTERED NUMBER: 15144072)

Balance Sheet
31 December 2024

Notes £    £   
FIXED ASSETS
Intangible assets 4 13,828
Tangible assets 5 25,427
39,255

CURRENT ASSETS
Debtors 6 76,210
Cash at bank 7,551
83,761
CREDITORS
Amounts falling due within one year 7 208,572
NET CURRENT LIABILITIES (124,811 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

(85,556

)

CAPITAL AND RESERVES
Called up share capital 99
Retained earnings (85,655 )
(85,556 )

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

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

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 17 June 2025 and were signed on its behalf by:





J W Ackrill - Director


ROWE & CO HOMES GROUP LIMITED (REGISTERED NUMBER: 15144072)

Notes to the Financial Statements
for the Period 18 September 2023 to 31 December 2024

1. STATUTORY INFORMATION

Rowe & Co Homes Group 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.

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.

Computer software is being amortised evenly over its estimated useful life of nil years.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Fixtures and fittings - 33% on cost
Computer equipment - 33% on cost

Taxation
Taxation for the period 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 period 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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the period was 3 .

ROWE & CO HOMES GROUP LIMITED (REGISTERED NUMBER: 15144072)

Notes to the Financial Statements - continued
for the Period 18 September 2023 to 31 December 2024

4. INTANGIBLE FIXED ASSETS
Computer
software
£   
COST
Additions 20,717
At 31 December 2024 20,717
AMORTISATION
Amortisation for period 6,889
At 31 December 2024 6,889
NET BOOK VALUE
At 31 December 2024 13,828

5. TANGIBLE FIXED ASSETS
Fixtures
Short and Computer
leasehold fittings equipment Totals
£    £    £    £   
COST
Additions 2,506 19,560 14,010 36,076
At 31 December 2024 2,506 19,560 14,010 36,076
DEPRECIATION
Charge for period 543 6,235 3,871 10,649
At 31 December 2024 543 6,235 3,871 10,649
NET BOOK VALUE
At 31 December 2024 1,963 13,325 10,139 25,427

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
£   
Trade debtors 13,560
Other debtors 10,849
Directors' current accounts 38,750
Prepayments 13,051
76,210

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
£   
Trade creditors 14,496
Amounts owed to associates 183,142
Social security and other taxes 7,324
Other creditors 1,082
Accrued expenses 2,528
208,572

ROWE & CO HOMES GROUP LIMITED (REGISTERED NUMBER: 15144072)

Notes to the Financial Statements - continued
for the Period 18 September 2023 to 31 December 2024

8. LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:
£   
Between one and five years 84,208

9. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the period ended 31 December 2024:

£   
R J Rowe
Balance outstanding at start of period -
Amounts advanced 38,750
Amounts repaid -
Amounts written off -
Amounts waived -
Balance outstanding at end of period 38,750

10. RELATED PARTY DISCLOSURES

At the year end the company owed £72,075 to Centrick Property Sales Ltd.


At the year end the company owed £111,067 to Centrick Group Limited.