| REGISTERED NUMBER: |
| Unaudited Financial Statements for the Year Ended 9 January 2025 |
| for |
| ROWES NEWSMARKET LIMITED |
| REGISTERED NUMBER: |
| Unaudited Financial Statements for the Year Ended 9 January 2025 |
| for |
| ROWES NEWSMARKET LIMITED |
| ROWES NEWSMARKET LIMITED (REGISTERED NUMBER: 08087831) |
| Contents of the Financial Statements |
| for the year ended 9 January 2025 |
| Page |
| Company Information | 1 |
| Balance Sheet | 2 |
| Notes to the Financial Statements | 3 |
| ROWES NEWSMARKET LIMITED |
| Company Information |
| for the year ended 9 January 2025 |
| DIRECTORS: |
| REGISTERED OFFICE: |
| REGISTERED NUMBER: |
| ACCOUNTANTS: |
| Chartered Accountants |
| 9 Worton Park |
| Cassington |
| Witney |
| Oxfordshire |
| OX29 4SX |
| ROWES NEWSMARKET LIMITED (REGISTERED NUMBER: 08087831) |
| Balance Sheet |
| 9 January 2025 |
| 2025 | 2024 |
| Notes | £ | £ | £ | £ |
| FIXED ASSETS |
| Tangible assets | 4 |
| CURRENT ASSETS |
| Stocks |
| Debtors | 5 |
| Cash at bank and in hand |
| CREDITORS |
| Amounts falling due within one year | 6 |
| NET CURRENT ASSETS |
| TOTAL ASSETS LESS CURRENT LIABILITIES |
| CREDITORS |
| Amounts falling due after more than one year | 7 | ( |
) | ( |
) |
| PROVISIONS FOR LIABILITIES | ( |
) | ( |
) |
| NET ASSETS |
| CAPITAL AND RESERVES |
| Called up share capital | 9 |
| Retained earnings |
| SHAREHOLDERS' FUNDS |
| 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 were approved by the Board of Directors and authorised for issue on |
| ROWES NEWSMARKET LIMITED (REGISTERED NUMBER: 08087831) |
| Notes to the Financial Statements |
| for the year ended 9 January 2025 |
| 1. | STATUTORY INFORMATION |
| Rowes Newsmarket Limited is a |
| The presentation currency of the financial statements is the Pound Sterling (£). |
| 2. | ACCOUNTING POLICIES |
| Basis of preparing the financial statements |
| 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 |
| Fixtures and fittings | - |
| Motor vehicles | - |
| Computer equipment | - |
| Stocks |
| Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items. |
| Financial instruments |
| The company has elected to apply the recognition and measurement provisions of Sections 11 and 12 of FRS 102 in full. |
| Financial assets and financial liabilities are recognised when the company becomes a party to the contractual provisions of the instrument. |
| Financial assets and liabilities are initially measured at transaction price (including transaction costs), unless the arrangement constitutes a financing transaction. |
| Financial assets are subsequently measured at amortised cost using the effective interest method, less any impairment. |
| Financial liabilities are subsequently measured at amortised cost. |
| The company does not hold or issue any complex financial instruments such as derivatives or hedging instruments. |
| 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. |
| ROWES NEWSMARKET LIMITED (REGISTERED NUMBER: 08087831) |
| Notes to the Financial Statements - continued |
| for the year ended 9 January 2025 |
| 2. | ACCOUNTING POLICIES - continued |
| Hire purchase and leasing commitments |
| Tangible fixed assets acquired under finance leases or hire purchase contracts are capitalised and depreciated in the same manner as other tangible fixed assets. The related obligations, net of future finance charges, are included in creditors. |
| Rentals payable under operating leases are charged to the profit and loss account 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 |
| 4. | TANGIBLE FIXED ASSETS |
| Fixtures |
| Plant and | and | Motor | Computer |
| machinery | fittings | vehicles | equipment | Totals |
| £ | £ | £ | £ | £ |
| COST |
| At 10 January 2024 |
| Additions |
| Disposals | ( |
) | ( |
) |
| At 9 January 2025 |
| DEPRECIATION |
| At 10 January 2024 |
| Charge for year |
| Eliminated on disposal | ( |
) | ( |
) |
| At 9 January 2025 |
| NET BOOK VALUE |
| At 9 January 2025 |
| At 9 January 2024 |
| 5. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 2025 | 2024 |
| £ | £ |
| Trade debtors |
| Other debtors |
| 6. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 2025 | 2024 |
| £ | £ |
| Hire purchase contracts |
| Trade creditors |
| Taxation and social security |
| Other creditors |
| ROWES NEWSMARKET LIMITED (REGISTERED NUMBER: 08087831) |
| Notes to the Financial Statements - continued |
| for the year ended 9 January 2025 |
| 7. | CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR |
| 2025 | 2024 |
| £ | £ |
| Hire purchase contracts |
| Other creditors |
| 8. | SECURED DEBTS |
| The following secured debts are included within creditors: |
| 2025 | 2024 |
| £ | £ |
| Other loans |
| A loan was received during the year from an unconnected third party and is included within creditors due within one year and more than one year. The loan is secured by a charge over a property owned personally by the shareholders. No assets of the company have been pledged as security. |
| 9. | CALLED UP SHARE CAPITAL |
| Allotted, issued and fully paid: |
| Number: | Class: | Nominal | 2025 | 2024 |
| value: | £ | £ |
| Ordinary | £1 | 100 | 100 |
| 10. | DIRECTORS' ADVANCES, CREDITS AND GUARANTEES |
| During the year, loans totalling £142,653 were made to directors. These loans remained outstanding at the year end and are shown within other debtors. Interest was charged at an annual rate of 2.25%, and the loans are repayable on demand. No amounts were repaid, written off, or waived during the year. |