Rowden Court Management Company Limited 02048088 false 2025-01-01 2025-12-31 2025-12-31 The principal activity of the company is management of the ongoing running expenses for the self-contained cottages at Rowden Court. Digita Accounts Production Advanced 6.30.9574.0 true true 02048088 2025-01-01 2025-12-31 02048088 2025-12-31 02048088 core:CurrentFinancialInstruments 2025-12-31 02048088 core:CurrentFinancialInstruments core:WithinOneYear 2025-12-31 02048088 core:FurnitureFittings 2025-12-31 02048088 bus:SmallEntities 2025-01-01 2025-12-31 02048088 bus:AuditExemptWithAccountantsReport 2025-01-01 2025-12-31 02048088 bus:FilletedAccounts 2025-01-01 2025-12-31 02048088 bus:SmallCompaniesRegimeForAccounts 2025-01-01 2025-12-31 02048088 bus:RegisteredOffice 2025-01-01 2025-12-31 02048088 bus:Director1 2025-01-01 2025-12-31 02048088 bus:PrivateLimitedCompanyLtd 2025-01-01 2025-12-31 02048088 core:FurnitureFittingsToolsEquipment 2025-01-01 2025-12-31 02048088 countries:England 2025-01-01 2025-12-31 02048088 2024-12-31 02048088 core:FurnitureFittings 2024-12-31 02048088 2024-01-01 2024-12-31 02048088 2024-12-31 02048088 core:CurrentFinancialInstruments 2024-12-31 02048088 core:CurrentFinancialInstruments core:WithinOneYear 2024-12-31 iso4217:GBP xbrli:pure

Registration number: 02048088

Rowden Court Management Company Limited
Unaudited Filleted Financial Statements
for the Year Ended 31 December 2025

Rowden Court Management Company Limited

Contents

Statement of Financial Position | 1
Notes to the Unaudited Financial Statements | 2 to 5

Rowden Court Management Company Limited

(Registration number: 02048088)
Statement of Financial Position as at 31 December 2025

| Note | 2025 £ | 2024 £
Current assets |  |  |
Debtors | 5 | 20,213 | 8,649
Cash at bank and in hand |  | 45,188 | 2,744
|  | 65,401 | 11,393
Creditors: Amounts falling due within one year | 6 | (10,660) | (20,049)
Net assets/(liabilities) |  | 54,741 | (8,656)
Capital and reserves |  |  |
Called up share capital |  | 18 | 18
Other reserves |  | 25,000 | -
Profit and loss account |  | 29,723 | (8,674)
Shareholders' funds/(deficit) |  | 54,741 | (8,656)

For the financial year ending 31 December 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

• | The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and
• | The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Statement of Comprehensive Income.

Approved and authorised by the Board on 14 April 2026 and signed on its behalf by:

Ms L Marr Director

Rowden Court Management Company Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2025

1 | General information

The company is a private company limited by share capital, incorporated in England.

The address of its registered office is:
26-28 Southernhay East
Exeter
Devon
EX1 1NS

Principal activity

The principal activity of the company is management of the ongoing running expenses for the self-contained cottages at Rowden Court.

2 | Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

The financial statements are prepared in sterling which is the functional currency of the entity.

Going concern

The accounts have been prepared on a going concern basis.

Judgements and key sources of estimation uncertainty

The preparation of the financial statements requires management to make judgements, estimates and assumptions that affect the amounts reported. These estimates and judgements are continually reviewed and are based on experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances.
Accounting estimates and assumptions are made concerning the future and, by their nature, will rarely equal the related actual outcome.

Revenue recognition

Turnover represents the total management fee receivable to cover the ongoing running expenses of the self-contained cottages at Rowden Court, Noss Mayo, Plymouth.

Rowden Court Management Company Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2025 (continued)

2 | Accounting policies (continued)

Tax

The tax expense for the period comprises current tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

Tangible assets

Tangible assets are stated in the statement of financial position at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class | Depreciation method and rate
Fixtures, fittings and equipment | 25% reducing balance

Impairment

A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date.

Cash and cash equivalents

Cash and cash equivalents comprise cash at bank and in hand, demand deposits with banks, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value. In the statement of financial position, bank overdrafts are shown within borrowing or current liabilities

Leases

Leases in which substantially all the risks and rewards of ownership are retained by the lessor are classified as operating leases. Payments made under operating leases are charged to profit or loss on a straight-line basis over the period of the lease.

Financial instruments

Recognition and measurement
A financial asset or a financial liability is recognised only when the company becomes party to the contractual provisions of the instrument.
Basic financial instruments are initially recognised at the transaction price, unless the arrangement constitutes a financing transaction, where it is recognised at the present value of the future payments discounted at a market rate of interest for a similar debt instrument.

Rowden Court Management Company Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2025 (continued)

3 | Staff numbers

The average number of persons employed by the company (including directors) during the year, was 3 (2024 - 3).

Rowden Court Management Company Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2025 (continued)

4 | Tangible assets

| Fixtures and fittings £ | Total £
Cost or valuation
At 1 January 2025 | 365 | 365
At 31 December 2025 | 365 | 365
Depreciation
At 1 January 2025 | 365 | 365
At 31 December 2025 | 365 | 365
Carrying amount
At 31 December 2025 | - | -

5 | Debtors

| 2025 £ | 2024 £
Trade debtors (outstanding fees) | 11,195 | -
Prepayments | 9,018 | 8,649
| 20,213 | 8,649

6 | Creditors

Creditors: amounts falling due within one year

| 2025 £ | 2024 £
Due within one year |  |
Taxation and social security | 73 | 75
Accruals and deferred income | 1,038 | 990
Other creditors | 9,549 | 18,984
| 10,660 | 20,049

7 | Reserves

Profit and loss account:
This reserve records retained earnings and accumulated losses.