REGISTERED NUMBER: 10506803 (England and Wales)

Financial Statements

for the Year Ended 31 March 2025

for

Rowan House Estates Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

C J Sharrocks

REGISTERED OFFICE:

The Mills

Canal Street

Derby

Derbyshire

DE1 2RJ

REGISTERED NUMBER:

10506803 (England and Wales)

ACCOUNTANTS:

Bates Weston LLP

Chartered Accountants

The Mills

Canal Street

Derby

DE1 2RJ

FIXED ASSETS

Investments

4

-

1,626,413

Investment property

5

-

15,556

-

1,641,969

CURRENT ASSETS

Debtors

6

1,638,629

420,088

Cash at bank

-

7,872

1,638,629

427,960

CREDITORS

Amounts falling due within one year

7

-

261,430

NET CURRENT ASSETS

1,638,629

166,530

TOTAL ASSETS LESS CURRENT LIABILITIES

1,638,629

1,808,499

PROVISIONS FOR LIABILITIES

-

55,017

NET ASSETS

1,638,629

1,753,482

CAPITAL AND RESERVES

Called up share capital

100

100

Share premium

8

1,581,500

1,581,500

Fair value reserve

8

-

281,692

Retained earnings

8

57,029

(109,810

)

1,638,629

1,753,482

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 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 Profit and Loss Account has not been delivered.

The financial statements were approved by the director and authorised for issue on 24 December 2025 and were signed by:

C J Sharrocks - Director

1.	STATUTORY INFORMATION

Rowan House Estates Ltd 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 as modified by the revaluation of certain assets.

Turnover

Turnover represents the value of rents receivable during the year.

Investment property

Investment property is not depreciated but revalued annually at its fair value. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit and loss and transferred to a fair value reserve.

Deferred tax

Provision is made at current rates for taxation deferred in respect of all material timing differences, including provisions made for potential tax arising on assets which have been revalued.

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.

Fixed asset investments

Listed investments are stated at market value and any gains or losses are taken to the profit and loss account and transferred to a fair value reserve.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2024 - 1 ) .

4.	FIXED ASSET INVESTMENTS

Other

investments

£

COST OR VALUATION

At 1 April 2024

1,626,413

Additions

10,255

Disposals

(1,298,535

)

Revaluations

(338,133

)

At 31 March 2025

-

NET BOOK VALUE

At 31 March 2025

-

At 31 March 2024

1,626,413

The fair value of listed investments was determined with reference to the quoted market price at the reporting date. The cost of the shares on acquisition was £NIL (2024 - £1,289,704).

5.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 April 2024

15,556

Disposals

(15,556

)

At 31 March 2025

-

NET BOOK VALUE

At 31 March 2025

-

At 31 March 2024

15,556

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Amounts owed by group undertakings

1,638,629

-

Amounts owed by related parties

-

420,000

Tax

-

88

1,638,629

420,088

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Amounts owed to group undertakings

-

85,067

Director's current account

-

156,397

Accrued expenses

-

19,966

-

261,430

8.

RESERVES

Fair

Retained

Share

value

earnings

premium

reserve

Totals

£

£

£

£

At 1 April 2024

(109,810

)

1,581,500

281,692

1,753,382

Deficit for the year

(114,853

)

(114,853

)

Revaluation adjustment

281,692

-

(281,692

)

-

At 31 March 2025

57,029

1,581,500

-

1,638,529