S J Rowe Developments Ltd

	Page
Balance Sheet	1
Notes to the Financial Statements	2—3

Registered number: 14706372

		2026		2025
	Notes	£	£	£	£
CURRENT ASSETS
Stocks	4	60,907		58,804
Debtors	5	-		369
Cash at bank and in hand		17		34

		60,924		59,207
Creditors: Amounts Falling Due Within One Year	6	(7,166 )		(4,706 )

NET CURRENT ASSETS (LIABILITIES)			53,758		54,501

TOTAL ASSETS LESS CURRENT LIABILITIES			53,758		54,501

Creditors: Amounts Falling Due After More Than One Year	7		(57,836 )		(57,311 )

NET LIABILITIES			(4,078 )		(2,810 )

CAPITAL AND RESERVES
Called up share capital	8		100		100
Profit and Loss Account			(4,178 )		(2,910 )

SHAREHOLDERS' FUNDS			(4,078)		(2,810)

For the year ending 31 March 2026 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

On behalf of the board

Mr Stuart Rowe Director	Miss Joanne Kingdon Director
26 October 2026

The notes on pages 2 to 3 form part of these financial statements.

1. General Information

S J Rowe Developments Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 14706372 . The registered office is 138 High Street, Crediton, Devon, EX17 3DX.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

2.2. Going Concern Disclosure

The directors have not identified any material uncertainties related to events or conditions that may cast significant doubt about the company's ability to continue as a going concern.

2.3. Stocks and Work in Progress

Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.

2.4. Financial Instruments

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 the market rate of interest for a similar debt instrument. Debt instruments are subsequently measured at amortised cost.

2.5. 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.

2.6. Registrar Filing Requirements

The company has taken advantage of Companies Act 2006 section 444(1) and opted not to file the profit and loss account, directors report, and notes to the financial statements relating to the profit and loss account.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 2 (2025: 2)

4. Stocks

	2026	2025
	£	£
Work in progress	60,907	58,804

5. Debtors

	2026	2025
	£	£
Due within one year
Other debtors	-	369

Page 2

Page 3

S J Rowe Developments Ltd

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2026

6. Creditors: Amounts Falling Due Within One Year

	2026	2025
	£	£
Trade creditors	1,483	-
Accruals and deferred income	768	720
Directors' loan accounts	4,915	3,986

	7,166	4,706

7. Creditors: Amounts Falling Due After More Than One Year

	2026	2025
	£	£
Amounts owed to group undertakings	57,836	57,311

8. Share Capital

	2026	2025
	£	£
Allotted, Called up and fully paid	100	100

9. Related Party Transactions

At the period end, 31 March 2026, the company owed the directors £4,915 (2025: £3,986) in respect of loans held with the company. These amounts are interest free and repayable on demand.