REGISTERED NUMBER: 00158243 (England and Wales)

Unaudited Financial Statements

for the Period 28 January 2024 to 1 February 2025

for

F.H.ROWSE LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

5

DIRECTOR:

R Rowse

REGISTERED OFFICE:

4 St Mary's Street

Wallingford

Oxfordshire

OX10 0EY

REGISTERED NUMBER:

00158243 (England and Wales)

ACCOUNTANTS:

Friends.Tax LLP

Pippins

Cherry Drive

Forty Green

Beaconsfield

Buckinghamshire

HP9 1XP

FIXED ASSETS

Intangible assets

4

-

2,500

Tangible assets

5

22,972

29,195

Investments

6

69,800

69,800

Investment property

7

7,968,374

7,968,374

8,061,146

8,069,869

CURRENT ASSETS

Stocks

141,541

139,251

Debtors

8

3,771,098

3,539,089

Cash at bank and in hand

191,515

193,325

4,104,154

3,871,665

CREDITORS

Amounts falling due within one year

9

5,658,580

5,493,837

NET CURRENT LIABILITIES

(1,554,426

)

(1,622,172

)

TOTAL ASSETS LESS CURRENT LIABILITIES

6,506,720

6,447,697

CREDITORS

Amounts falling due after more than one year

10

(7,886

)

(14,646

)

PROVISIONS FOR LIABILITIES

(67,048

)

(67,048

)

NET ASSETS

6,431,786

6,366,003

CAPITAL AND RESERVES

Called up share capital

7,435

7,435

Capital redemption reserve

45,265

45,265

Retained earnings

6,379,086

6,313,303

6,431,786

6,366,003

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 1 February 2025.

The members have not required the company to obtain an audit of its financial statements for the period ended 1 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 16 October 2025 and were signed by:

R Rowse - Director

1.	STATUTORY INFORMATION

F.H.ROWSE 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.

The company has net current liabilities of £1,616081 (2024: £1,622,172) as a result of amounts owed to the director. The director has confirmed that he will continue to support he company for the foreseeable future by not requesting the repayment of this debt until the company is in a position to be able to repay it. For this reason the accounts have been prepared on a going concern basis.

Preparation of consolidated financial statements

The financial statements contain information about F.H.ROWSE LIMITED as an individual company and do not contain consolidated financial information as the parent of a group. The company is exempt under Section 399(2A) of the Companies Act 2006 from the requirements to prepare consolidated 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.

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.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery etc

-

25% on reducing balance, 25% - 33.3% on cost and 20% on cost

Investments in subsidiaries

Investments in subsidiary undertakings are recognised at 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.

Stocks

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

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the period was 16 (2024 - 10 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 28 January 2024

and 1 February 2025

50,000

AMORTISATION

At 28 January 2024

47,500

Charge for period

2,500

At 1 February 2025

50,000

NET BOOK VALUE

At 1 February 2025

-

At 27 January 2024

2,500

5.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 28 January 2024

80,317

Additions

1,708

At 1 February 2025

82,025

DEPRECIATION

At 28 January 2024

51,122

Charge for period

7,931

At 1 February 2025

59,053

NET BOOK VALUE

At 1 February 2025

22,972

At 27 January 2024

29,195

6.	FIXED ASSET INVESTMENTS

Shares in

group

undertakings

£

COST

At 28 January 2024

and 1 February 2025

69,800

NET BOOK VALUE

At 1 February 2025

69,800

At 27 January 2024

69,800

7.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 28 January 2024

and 1 February 2025

7,968,374

NET BOOK VALUE

At 1 February 2025

7,968,374

At 27 January 2024

7,968,374

Investment property was valued by the director at 31st January 2024.

Had the investment properties not been revalued the historical costs recorded would have been £7,619,236 (2024: £7,619,236).

8.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

1.2.25

27.1.24

£

£

Trade debtors

95,673

36,924

Amounts owed by group undertakings

501,493

591,493

Other debtors

3,173,932

2,910,672

3,771,098

3,539,089

9.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

1.2.25

27.1.24

£

£

Trade creditors

35,639

51,444

Taxation and social security

57,949

60,705

Other creditors

5,564,992

5,381,688

5,658,580

5,493,837

10.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

1.2.25

27.1.24

£

£

Other creditors

7,886

14,646

11.	RELATED PARTY DISCLOSURES

During the period £nil (2024: £200,000) was repaid to the directors of the company and £nil (2024: £nil) was advanced by the director to the company. £Nil (2024:£603) of expenses were paid by the company on behalf of the directors. At the balance sheet date the company owed the director £4,862,144 (2024: 4,862,144.) The balance is interest free and repayable on demand.

At the balance sheet date the company was owed £3,165,030 (2024: £2,896,059) by companies under common control and owed £684,143 (2024: £501,442) to companies under common control.

It was owed £501,493 (2024:£ 591,493) by John Sanders Limited, a subsidiary company.

12.	ULTIMATE CONTROLLING PARTY

The controlling party is R Rowse.

The ultimate controlling party is R Rowse.