ROWLEY & DEAN LTD - Filleted accounts

Registered number

07216789

ROWLEY & DEAN LTD

Filleted Accounts

31 March 2025

ROWLEY & DEAN LTD
Registered number:		07216789
Balance Sheet
as at 31 March 2025

Notes			2025			2024
£				£
Fixed assets
Tangible assets	3		28,146			4,451

Current assets
Stocks		8,300			1,600
Debtors	4	29,374			22,427
Cash at bank and in hand		80,990			61,937
		118,664			85,964

Creditors: amounts falling due within one year	5	(111,344)			(77,312)

Net current assets			7,320			8,652

Total assets less current liabilities			35,466			13,103

Creditors: amounts falling due after more than one year	6		(19,775)			(11,125)

Provisions for liabilities			(5,348)			(846)


Net assets			10,343			1,132

Capital and reserves
Called up share capital			450			450
Profit and loss account			9,893			682

Shareholders' funds			10,343			1,132

The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.




Mr B Rowley
Director
Approved by the board on 27 December 2025

ROWLEY & DEAN LTD
Notes to the Accounts
for the year ended 31 March 2025


1	Accounting policies

	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).

	Turnover
	Turnover is measured at the fair value of the consideration receivable, net of discounts and value added taxes. Turnover includes revenue earned from the rendering of services. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.


	Tangible fixed assets
	Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset over its expected useful life, as follows:


	Plant and machinery	25% per annum reducing balance basis
	Motor vehicles	25% per annum reducing balance basis


	Stocks
	Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first in first out method. The carrying amount of stock sold is recognised as an expense in the period in which the related revenue is recognised.

	Debtors
	Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

	Creditors
	Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

	Taxation
	A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference. Current and deferred tax assets and liabilities are not discounted.

	Provisions
	Provisions (ie liabilities of uncertain timing or amount) are recognised when there is an obligation at the reporting date as a result of a past event, it is probable that economic benefit will be transferred to settle the obligation and the amount of the obligation can be estimated reliably.


	Leased assets
	A lease is classified as a finance lease if it transfers substantially all the risks and rewards incidental to ownership. All other leases are classified as operating leases. The rights of use and obligations under finance leases are initially recognised as assets and liabilities at amounts equal to the fair value of the leased assets or, if lower, the present value of the minimum lease payments. Minimum lease payments are apportioned between the finance charge and the reduction in the outstanding liability using the effective interest rate method. The finance charge is allocated to each period during the lease so as to produce a constant periodic rate of interest on the remaining balance of the liability. Leased assets are depreciated in accordance with the company's policy for tangible fixed assets. If there is no reasonable certainty that ownership will be obtained at the end of the lease term, the asset is depreciated over the lower of the lease term and its useful life. Operating lease payments are recognised as an expense on a straight line basis over the lease term.

	Pensions
	The company did not operate a pension scheme during the year.




2	Employees			2025		2024
Number					Number

	Average number of persons employed by the company			4		4




3	Tangible fixed assets
		Plant and machinery etc		Motor vehicles		Total
£			£		£
	Cost
	At 1 April 2024	8,097		22,902		30,999
	Additions	300		29,500		29,800
	At 31 March 2025	8,397		52,402		60,799

	Depreciation
	At 1 April 2024	6,215		20,333		26,548
	Charge for the year	546		5,559		6,105
	At 31 March 2025	6,761		25,892		32,653

	Net book value
	At 31 March 2025	1,636		26,510		28,146
	At 31 March 2024	1,882		2,569		4,451




4	Debtors			2025		2024
£					£

	Trade debtors and prepayments			29,374		22,427





5	Creditors: amounts falling due within one year			2025		2024
£					£

	Bank loans and overdrafts			14,184		10,245
	Trade creditors and accruals			50,171		42,350
	Corporation tax			19,026		15,319
	Other taxes and social security costs			25,850		9,200
	Other creditors - directors' loan accounts			2,113		198
				111,344		77,312





6	Creditors: amounts falling due after one year			2025		2024
£					£

	Bank loans			19,775		11,125



7	Events after the reporting date
	There were no events after the reporting date which would affect the user's understanding of these accounts.


8	Contingent liabilities
	There were no contingent liabilities in existence at the year end.



9	Controlling party
	The company is controlled by Mr B Rowley, who holds 2/3rds of the issued ordinary share capital.



10	Other information

	ROWLEY & DEAN LTD is a private company limited by shares and incorporated in England. Its registered office is:
	24 Oswald Road
	Chorlton Cum Hardy
	Manchester
	M21 9LP