Rowe Risk Solutions Limited - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 07992773 (England and Wales)

Financial Statements for the Year Ended 30 April 2018

for

Rowe Risk Solutions Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

M Rowe

SECRETARY:

REGISTERED OFFICE:

Southfields

Began Road

Old St Mellons

Cardiff

CF3 6XJ

REGISTERED NUMBER:

07992773 (England and Wales)

ACCOUNTANTS:

Neil Hodge & Co Limited

Chartered Accountants

and Statutory Auditors

106a Commercial Street

Risca

Gwent

NP11 6EE

FIXED ASSETS

Tangible assets

4

4,338

2,722

CURRENT ASSETS

Debtors

5

22,000

-

Cash at bank

7,903

10,123

29,903

10,123

CREDITORS

Amounts falling due within one year

6

4,396

(432

)

NET CURRENT ASSETS

25,507

10,555

TOTAL ASSETS LESS CURRENT LIABILITIES

29,845

13,277

CAPITAL AND RESERVES

Called up share capital

7

100

100

Retained earnings

29,745

13,177

SHAREHOLDERS' FUNDS

29,845

13,277

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2018.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 2018 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 of Part 15 of the Companies Act 2006 relating to small companies.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director on 27 January 2019 and were signed by:

M Rowe - Director

1.	STATUTORY INFORMATION

Rowe Risk Solutions Limited 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.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding

discounts, rebates, value added tax and other sales taxes.

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 etc

-

25% on cost

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement,

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2017 - 1 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 May 2017

7,688

Additions

3,066

At 30 April 2018

10,754

DEPRECIATION

At 1 May 2017

4,966

Charge for year

1,450

At 30 April 2018

6,416

NET BOOK VALUE

At 30 April 2018

4,338

At 30 April 2017

2,722

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.4.18

30.4.17

£

£

Trade debtors

2,000

-

Other debtors

20,000

-

22,000

-

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.4.18

30.4.17

£

£

Taxation and social security

3,513

(815

)

Other creditors

883

383

4,396

(432

)

7.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

30.4.18

30.4.17

value:

£

£

100

Ordinary

£1

100

100

8.	ULTIMATE CONTROLLING PARTY

The ultimate controlling party is M Rowe.