REGISTERED NUMBER: 09539063 (England and Wales)

FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2026

FOR

Rowdan Associates Ltd.

Page

Company Information

1

Balance Sheet

2

to

3

Notes to the Financial Statements

4

to

7

Directors:

Dr A Seedhouse

Ms J Taylor

Registered office:

Herons Ford

Gooseford Lane

St John

Near Torpoint

Cornwall

PL11 3AR

Registered number:

09539063 (England and Wales)

Accountants:

Websters

129 North Hill

Plymouth

Devon

PL4 8JY

Fixed assets

Tangible assets

4

1,229

1,741

Investment property

5

229,000

232,000

230,229

233,741

Current assets

Debtors

6

12,387

16,906

Cash at bank

31,053

15,871

43,440

32,777

Creditors

Amounts falling due within one year

7

21,829

18,280

Net current assets

21,611

14,497

Total assets less current liabilities

251,840

248,238

Capital and reserves

Called up share capital

8

500

500

Revaluation reserve

9

31,778

34,278

Retained earnings

219,562

213,460

Shareholders' funds

251,840

248,238

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2026 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 Board of Directors and authorised for issue on 29 June 2026 and were signed on its behalf by:

Ms J Taylor - Director

1.	STATUTORY INFORMATION

Rowdan Associates 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 the provisions of Section 1A "Small Entities" of Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention as modified by the revaluation of investment properties.

Turnover

Turnover represents amounts receivable in respect of services and is recognised upon invoicing the customer and adjusted for uninvoiced work in progress at the year end.

Tangible fixed assets

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

Motor vehicles

20% reducing balance

Office equipment

20 - 33% straight line

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.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Profit and loss account, 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.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme have been charged to the profit or loss in the period to which they relate.

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.

Retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme have been charged to the profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2025 - 2 ) .

4.	TANGIBLE FIXED ASSETS

Motor

Office

vehicles

equipment

Totals

£

£

£

Cost

At 1 April 2025

and 31 March 2026

2,000

4,637

6,637

Depreciation

At 1 April 2025

1,317

3,579

4,896

Charge for year

137

375

512

At 31 March 2026

1,454

3,954

5,408

Net book value

At 31 March 2026

546

683

1,229

At 31 March 2025

683

1,058

1,741

5.	INVESTMENT PROPERTY

Total

£

Fair value

At 1 April 2025

232,000

Revaluations

(3,000

)

At 31 March 2026

229,000

Net book value

At 31 March 2026

229,000

At 31 March 2025

232,000

A Seedhouse, a director of the company, considered the open market value of investment property to be £229,000 at the balance sheet date.

Fair value at 31 March 2026 is represented by:

£

Valuation in 2022

12,278

Valuation in 2023

12,000

Valuation in 2024

1,000

Valuation in 2025

9,000

Valuation in 2026

(3,000

)

Cost

197,722

229,000

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Trade debtors

10,503

15,022

Other debtors

1,884

1,884

12,387

16,906

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Taxation and social security

4,212

1,000

Other creditors

17,617

17,280

21,829

18,280

8.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2026

2025

value:

£

£

500

Ordinary

£1

500

500

9.

RESERVES

Revaluation

reserve

£

At 1 April 2025

34,278

Transfer to revaluation

reserve

(2,500

)

At 31 March 2026

31,778

10.	TRANSACTIONS WITH RELATED PARTIES DIRECTORS

At the balance sheet date, the company owed the following amounts to related parties:

Dr A Seedhouse

Director and shareholder

£ 8,792

Ms J Taylor

Director and shareholder

£ 6,155

No interest has been charged and there is no fixed date for repayment.

11.	ULTIMATE CONTROLLING PARTY

The company is ultimately controlled by the directors.