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REGISTERED NUMBER: 07934373 (England and Wales)















Unaudited Financial Statements for the Year Ended 28 February 2025

for

Rowell Associates Limited

Rowell Associates Limited (Registered number: 07934373)

Contents of the Financial Statements
for the Year Ended 28 February 2025










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Rowell Associates Limited

Company Information
for the Year Ended 28 February 2025







DIRECTOR: Mr D P Rowell





REGISTERED OFFICE: Lewis House
Great Chesterford Court
Great Chesterford
Essex
CB10 1PF





REGISTERED NUMBER: 07934373 (England and Wales)

Rowell Associates Limited (Registered number: 07934373)

Balance Sheet
28 February 2025

2025 2024
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 5 - 4
Investment property 6 - 240,000
- 240,004

CURRENT ASSETS
Debtors 7 2,031 848
Cash at bank 296 1,575
2,327 2,423
CREDITORS
Amounts falling due within one year 8 2,325 194,873
NET CURRENT ASSETS/(LIABILITIES) 2 (192,450 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

2

47,554

PROVISIONS FOR LIABILITIES - 1,597
NET ASSETS 2 45,957

CAPITAL AND RESERVES
Called up share capital 1 1
Revaluation reserve 10 - 6,803
Retained earnings 1 39,153
2 45,957

Rowell Associates Limited (Registered number: 07934373)

Balance Sheet - continued
28 February 2025


The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28 February 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 28 February 2025 in accordance with Section 476 of the Companies Act 2006.

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 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 director and authorised for issue on 8 July 2025 and were signed by:





Mr D P Rowell - Director


Rowell Associates Limited (Registered number: 07934373)

Notes to the Financial Statements
for the Year Ended 28 February 2025


1. STATUTORY INFORMATION

Rowell Associates 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.

The presentation currency of the financial statements is the Pound Sterling (£).


2. STATEMENT OF COMPLIANCE

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.

3. ACCOUNTING POLICIES

Basis of preparing the financial statements
The financial statements have not been prepared on a going concern basis as a result of the company ceasing to trade.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off the cost less estimated residual value of each asset over its estimated useful life.
Plant and machinery etc - 33% on cost

Investment property
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

Financial instruments
A financial asset or a financial liability is recognised only when the entity becomes a party to the contractual provisions of the instruments.

Basic financial instruments are initially recognised at the transaction price, unless the arrangement constitutes, in effect, a financing transaction, where it is recognised at the present value of the future payments discounted at a market rate of interest for a similar debt instrument.

Debt instruments are subsequently measured at amortised cost.

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.


Rowell Associates Limited (Registered number: 07934373)

Notes to the Financial Statements - continued
for the Year Ended 28 February 2025


3. ACCOUNTING POLICIES - continued
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.

4. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2024 - 1 ) .

5. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 March 2024 812
Disposals (812 )
At 28 February 2025 -
DEPRECIATION
At 1 March 2024 808
Eliminated on disposal (808 )
At 28 February 2025 -
NET BOOK VALUE
At 28 February 2025 -
At 29 February 2024 4

6. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 March 2024 240,000
Disposals (240,000 )
At 28 February 2025 -
NET BOOK VALUE
At 28 February 2025 -
At 29 February 2024 240,000

Rowell Associates Limited (Registered number: 07934373)

Notes to the Financial Statements - continued
for the Year Ended 28 February 2025


7. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2024
£    £   
Trade debtors - 424
Other debtors 2,031 424
2,031 848

8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2024
£    £   
Taxation and social security 2,097 1,301
Other creditors 228 193,572
2,325 194,873

Other creditors is made up of accruals of £228 (2024 - £1,875), Director Loan account of £Nil (2024 - £188,418), rent deposits of £Nil (2024 - £3,250) and an intercompany loan of £Nil (2024 - £29).

9. LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:
2025 2024
£    £   
Within one year - 14,000
Between one and five years - 56,000
In more than five years - 14,000
- 84,000

10. RESERVES
Revaluation
reserve
£   
At 1 March 2024 6,803
Transfer to fair value reserve (6,803 )

At 28 February 2025 -

11. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

During the year, the company continued to provide an interest-bearing loan to its director. Amounts advanced to the director totalled £247,851 (2024 - £13,560), amounts repaid to the company totalled £57,416 (2024 - £6,860) and interest charged on the loan at a rate of 5.80% totalled £14 (2024 - £Nil). The balance owed to the company at the year end totalled £2,031 (2019 - balance owed to the director £188,418).