W. and K.N.Rowland (Yate) Limited - Accounts to registrar (filleted)

REGISTERED NUMBER: 01146524 (England and Wales)

W. and K.N.Rowland (Yate) Limited

Unaudited Financial Statements

for the Year Ended 31 December 2024

Page

Company Information

1

Abridged Statement of Financial Position

2

Notes to the Financial Statements

4

DIRECTORS:

C R Porter

W Porter

REGISTERED OFFICE:

The Burgage

Hounds Road

Chipping Sodbury

BRISTOL

BS37 6EQ

REGISTERED NUMBER:

01146524 (England and Wales)

ACCOUNTANTS:

Maxwells

Chartered Accountants

4 King Square

Bridgwater

Somerset

TA6 3YF

BANKERS:

Barclays Bank plc

9 Corn St

Bristol

BS99 7AJ

CURRENT ASSETS

Debtors

14,217

8,960

Cash at bank

10,948

30,197

25,165

39,157

CREDITORS

Amounts falling due within one year

5,500

9,979

NET CURRENT ASSETS

19,665

29,178

TOTAL ASSETS LESS CURRENT
LIABILITIES

19,665

29,178

CREDITORS

Amounts falling due after more than one year

2,334

6,334

NET ASSETS

17,331

22,844

CAPITAL AND RESERVES

Called up share capital

2,000

Retained earnings

15,331

20,844

SHAREHOLDERS' FUNDS

17,331

22,844

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

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

All the members have consented to the preparation of an abridged Statement of Financial Position for the year ended 31 December 2024 in accordance with Section 444(2A) of the Companies Act 2006.

In accordance with Section 444 of the Companies Act 2006, the Statement of Comprehensive Income has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 29 September 2025 and were signed on its behalf by:

C R Porter - Director

1.	STATUTORY INFORMATION

W. and K.N.Rowland (Yate) 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.	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 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.

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 statement of financial position date.

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.

4.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2023 - 2 ) .

5.	SECURED DEBTS

The following secured debts are included within creditors:

31.12.24

31.12.23

£

Bank loans

6,334

10,334

The bank loan is a government backed bounce back loan.

6.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 December 2024 and 31 December 2023:

31.12.24

31.12.23

£

C R Porter

Balance outstanding at start of year

8,961

5,811

Amounts advanced

16,885

3,150

Amounts repaid

(12,129

)

-

Amounts written off

-

Amounts waived

-

Balance outstanding at end of year

13,717

8,961

7.	ULTIMATE CONTROLLING PARTY

The company was controlled throughout the period by its directors by virtue of the fact that between them they own the majority of issued share capital.