Rowancroft Limited - Limited company - abbreviated - 11.6

REGISTERED NUMBER: 02272992 (England and Wales)

ABBREVIATED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2014

FOR

ROWANCROFT LIMITED

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTORS:

P L Davis

M G Davis

SECRETARY:

P L Davis

REGISTERED OFFICE:

7-11 Minerva Road

Park Royal

London

NW10 6HJ

REGISTERED NUMBER:

02272992 (England and Wales)

ACCOUNTANTS:

Stern & Company

12-15 Hanger Green

Ealing

London

Greater London

W5 3AY

FIXED ASSETS

Tangible assets

2

37,355

35,276

CURRENT ASSETS

Debtors

25,493

77,156

Cash at bank

21,116

5,581

46,609

82,737

CREDITORS

Amounts falling due within one year

52,389

85,955

NET CURRENT LIABILITIES

(5,780

)

(3,218

)

TOTAL ASSETS LESS CURRENT LIABILITIES

31,575

32,058

CAPITAL AND RESERVES

Called up share capital

3

70,000

70,000

Profit and loss account

(38,425

)

(37,942

)

SHAREHOLDERS' FUNDS

31,575

32,058

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2014.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2014 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 abbreviated accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.

The financial statements were approved by the Board of Directors on 31 December 2014 and were signed on its behalf by:

P L Davis - Director

1.	ACCOUNTING POLICIES

Accounting convention

The financial statements have been prepared under the historical cost convention and in accordance with the

Financial Reporting Standard for Smaller Entities (effective April 2008).

Turnover

Turnover represents net invoiced sales of goods and services excluding value added tax.

Tangible fixed assets

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

Plant and machinery

-

15% on reducing balance

Fixtures and fittings

-

15% on reducing balance

Motor vehicles

-

25% on reducing balance

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the

balance sheet date.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 April 2013

97,902

Additions

8,670

At 31 March 2014

106,572

DEPRECIATION

At 1 April 2013

62,626

Charge for year

6,591

At 31 March 2014

69,217

NET BOOK VALUE

At 31 March 2014

37,355

At 31 March 2013

35,276

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2014

2013

value:

£

£

70,000

Ordinary

£1

70,000

70,000

4.	ULTIMATE PARENT COMPANY

Alderwest Limited is regarded by the directors as being the company's ultimate parent company.