REGISTERED NUMBER: SC490002 (Scotland)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 OCTOBER 2024

FOR

ROWANMARK LIMITED

T/A

MEADOW ROAD COFFEE

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

Kevan Archibald Cargill

SECRETARY:

Karen Tracey Condie

REGISTERED OFFICE:

109 Douglas Street

Glasgow

G2 4HB

REGISTERED NUMBER:

SC490002 (Scotland)

ACCOUNTANTS:

Stewart Gilmour & Co.

Chartered Accountants

3rd Floor, St George's Buildings

5 St Vincent Place

Glasgow

G1 2DH

FIXED ASSETS

Tangible assets

4

9,515

14,829

CURRENT ASSETS

Stocks

867

802

Debtors

5

1,000

1,000

Cash at bank

19,472

18,775

21,339

20,577

CREDITORS

Amounts falling due within one year

6

22,329

21,387

NET CURRENT LIABILITIES

(990

)

(810

)

TOTAL ASSETS LESS CURRENT LIABILITIES

8,525

14,019

PROVISIONS FOR LIABILITIES

3,511

3,481

NET ASSETS

5,014

10,538

CAPITAL AND RESERVES

Called up share capital

8

1

1

Retained earnings

5,013

10,537

SHAREHOLDERS' FUNDS

5,014

10,538

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 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 29 October 2025 and were signed by:

Kevan Archibald Cargill - Director

1.	STATUTORY INFORMATION

Rowanmark Limited is a private company, limited by shares , registered in Scotland. 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.

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.

Plant and machinery

-

10% on cost

Fixtures and fittings

-

20% on cost

Motor vehicles

-

25% on reducing balance

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 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.

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.

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 5 (2023 - 5 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

Plant and

and

Motor

machinery

fittings

vehicles

Totals

£

£

£

£

COST

At 1 November 2023

and 31 October 2024

8,659

15,475

25,500

49,634

DEPRECIATION

At 1 November 2023

7,372

15,081

12,352

34,805

Charge for year

538

394

4,382

5,314

At 31 October 2024

7,910

15,475

16,734

40,119

NET BOOK VALUE

At 31 October 2024

749

-

8,766

9,515

At 31 October 2023

1,287

394

13,148

14,829

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Other debtors

1,000

1,000

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Taxation and social security

4,195

4,057

Other creditors

18,134

17,330

22,329

21,387

7.	LEASING AGREEMENTS

At 31 October 2023 the company had total commitments under non-cancellable operating leases over the remaining life of those leases of £8,530 (2022: £14,770).

8.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2024

2023

value:

£

£

1

Ordinary

£1

1

1