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REGISTERED NUMBER: 08611396 (England and Wales)















FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 OCTOBER 2024

FOR

ROWLEY SPRAY BOOTHS MIDLANDS LIMITED

ROWLEY SPRAY BOOTHS MIDLANDS LIMITED (REGISTERED NUMBER: 08611396)






CONTENTS OF THE FINANCIAL STATEMENTS
for the Year Ended 31 October 2024




Page

Company Information 1

Abridged Balance Sheet 2

Notes to the Financial Statements 4

Report of the Accountants 8

ROWLEY SPRAY BOOTHS MIDLANDS LIMITED

COMPANY INFORMATION
for the Year Ended 31 October 2024







DIRECTORS: J Rowley
P G Rowley
Mrs J L Rowley
G E Rowley



REGISTERED OFFICE: Unit 48
49 Rumer Hill Business Estate
Rumer Hill Road
Cannock
Staffordshire
WS11 0ET



REGISTERED NUMBER: 08611396 (England and Wales)



ACCOUNTANTS: Bradley Rhodes Limited
Beechcroft House
50 Sedgley Road West
Tipton
West Midlands
DY4 8AB



BANKERS: Barclays Bank plc
The Bridge, Walsall branch
Leicestershire
LE87 2BB

ROWLEY SPRAY BOOTHS MIDLANDS LIMITED (REGISTERED NUMBER: 08611396)

ABRIDGED BALANCE SHEET
31 October 2024

2024 2023
Notes £    £    £   
FIXED ASSETS
Tangible assets 4 496,009 323,090

CURRENT ASSETS
Stocks 218,540 144,930
Debtors 592,530 329,338
Cash at bank 288,562 209,087
1,099,632 683,355
CREDITORS
Amounts falling due within one year 1,166,794 771,353
NET CURRENT LIABILITIES (67,162 ) (87,998 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

428,847

235,092

CREDITORS
Amounts falling due after more than one
year

(214,990

)

(150,183

)

PROVISIONS FOR LIABILITIES 6 (71,530 ) (37,226 )
NET ASSETS 142,327 47,683

CAPITAL AND RESERVES
Called up share capital 7 100 100
Retained earnings 142,227 47,583
SHAREHOLDERS' FUNDS 142,327 47,683

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

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

ROWLEY SPRAY BOOTHS MIDLANDS LIMITED (REGISTERED NUMBER: 08611396)

ABRIDGED BALANCE SHEET - continued
31 October 2024


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

All the members have consented to the preparation of an abridged Income Statement and an abridged Balance Sheet for the year ended 31 October 2024 in accordance with Section 444(2A) of the Companies Act 2006.

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 15 July 2025 and were signed on its behalf by:




J Rowley - Director G E Rowley - Director




Mrs J L Rowley - Director P G Rowley - Director


ROWLEY SPRAY BOOTHS MIDLANDS LIMITED (REGISTERED NUMBER: 08611396)

NOTES TO THE FINANCIAL STATEMENTS
for the Year Ended 31 October 2024

1. STATUTORY INFORMATION

Rowley Spray Booths Midlands 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.

Related party exemption
The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

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

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.
Plant and machinery - 20% on reducing balance
Fixtures and fittings - 20% on reducing balance
Motor vehicles - 25% on reducing balance
Computer equipment - 33% on cost

Stocks
Stocks and work in progress are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

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.


ROWLEY SPRAY BOOTHS MIDLANDS LIMITED (REGISTERED NUMBER: 08611396)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 31 October 2024

2. 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.

Research and development
Expenditure on research and development is written off in the year in which it is incurred.


Hire purchase and leasing commitments
Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

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 39 (2023 - 30 ) .

ROWLEY SPRAY BOOTHS MIDLANDS LIMITED (REGISTERED NUMBER: 08611396)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 31 October 2024

4. TANGIBLE FIXED ASSETS
Totals
£   
COST
At 1 November 2023 630,302
Additions 306,672
Disposals (59,570 )
At 31 October 2024 877,404
DEPRECIATION
At 1 November 2023 307,212
Charge for year 101,143
Eliminated on disposal (26,960 )
At 31 October 2024 381,395
NET BOOK VALUE
At 31 October 2024 496,009
At 31 October 2023 323,090

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Totals
£   
COST
At 1 November 2023 392,799
Additions 279,080
Disposals (59,570 )
At 31 October 2024 612,309
DEPRECIATION
At 1 November 2023 165,946
Charge for year 77,234
Eliminated on disposal (26,960 )
At 31 October 2024 216,220
NET BOOK VALUE
At 31 October 2024 396,089
At 31 October 2023 226,853

5. SECURED DEBTS

The following secured debts are included within creditors:

2024 2023
£    £   
Hire purchase contracts 331,029 207,535

ROWLEY SPRAY BOOTHS MIDLANDS LIMITED (REGISTERED NUMBER: 08611396)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 31 October 2024

6. PROVISIONS FOR LIABILITIES
2024 2023
£    £   
Deferred tax 71,530 37,226

Deferred
tax
£   
Balance at 1 November 2023 37,226
Provided during year 34,304
Balance at 31 October 2024 71,530

7. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £    £   
100 Ordinary £1 100 100

ROWLEY SPRAY BOOTHS MIDLANDS LIMITED

REPORT OF THE ACCOUNTANTS TO THE DIRECTORS OF
ROWLEY SPRAY BOOTHS MIDLANDS 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 Abridged 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 October 2024 set out on pages three to ten 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.






Bradley Rhodes Limited
Beechcroft House
50 Sedgley Road West
Tipton
West Midlands
DY4 8AB


15 July 2025