Abbreviated Company Accounts - ROWLEY AND ROWLEY LIMITED

ROWLEY AND ROWLEY LIMITED - Company Information

08884098 ROWLEY AND ROWLEY LIMITED 2016-03-31 false 2015-04-01 2016-03-31 true 08884098 2015-04-01 2016-03-31 08884098 2016-03-31 08884098 2015-03-31 08884098 uk-gaap-cd-bus:Director1 2015-04-01 2016-03-31 08884098 uk-gaap-cd-bus:Director2 2015-04-01 2016-03-31 uk-gaap-cd-bus:OrdinaryShareClass1 2015-04-01 2016-03-31 uk-gaap-cd-bus:OrdinaryShareClass1 2016-03-31 uk-gaap-cd-bus:OrdinaryShareClass1 2015-03-31 iso4217:GBP shares

Registered Number 08884098

ROWLEY AND ROWLEY LIMITED

Abbreviated Accounts

31 March 2016

ROWLEY AND ROWLEY LIMITED Registered Number 08884098

Abbreviated Balance Sheet as at 31 March 2016

	Notes	2016	2015
		£	£
Fixed assets
Tangible assets	2	557,658	520,497
		557,658	520,497
Current assets
Cash at bank and in hand		360	9,243
		360	9,243
Creditors: amounts falling due within one year		(571,260)	(539,915)
Net current assets (liabilities)		(570,900)	(530,672)
Total assets less current liabilities		(13,242)	(10,175)
Total net assets (liabilities)		(13,242)	(10,175)
Capital and reserves
Called up share capital	3	100	100
Profit and loss account		(13,342)	(10,275)
Shareholders' funds		(13,242)	(10,175)

For the year ending 31 March 2016 the company was entitled to exemption 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 in accordance with the provisions applicable to companies subject to the small companies regime.

Approved by the Board on 5 December 2016

And signed on their behalf by:
G J Rowley, Director

ROWLEY AND ROWLEY LIMITED Registered Number 08884098

Notes to the Abbreviated Accounts for the period ended 31 March 2016

1Accounting Policies

Basis of measurement and preparation of accounts
Accounting Policies

Basis of Preparation of Financial Statements

The financial statements are prepared under the historical cost convention and Include the results of the Company's operations which are described in the Director’s Report and all of which are continuing.

The Company has taken advantage of the exemption in Financial Reporting Standard No.1 from the requirement to produce a cash flow statement on the
grounds that it is a small Company.

Turnover

Turnover comprises the invoiced value of goods and services supplied by the Company, net of Value Added Tax and trade discounts.

Tangible/Intangible Fixed Assets and Depreciation

Fixed assets are stated at cost less depreciation.

Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Freehold Property 10% Straight Line Basis

2Tangible fixed assets

	£
Cost
At 1 April 2015	520,497
Additions	37,161
Disposals	-
Revaluations	-
Transfers	-
At 31 March 2016	557,658
Depreciation
At 1 April 2015	-
Charge for the year	-
On disposals	-
At 31 March 2016	-
Net book values
At 31 March 2016	557,658
At 31 March 2015	520,497

3Called Up Share Capital
Allotted, called up and fully paid:

	2016 £	2015 £
100 Ordinary shares of £1 each	100	100