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REGISTERED NUMBER: 03207373 (England and Wales)









Unaudited Financial Statements

for the Year Ended 30 November 2021

for

Bowden Head Farmhouse Limited

Bowden Head Farmhouse Limited (Registered number: 03207373)






Contents of the Financial Statements
for the Year Ended 30 November 2021




Page

Balance Sheet 1

Notes to the Financial Statements 3


Bowden Head Farmhouse Limited (Registered number: 03207373)

Balance Sheet
30 November 2021

30.11.21 30.11.20
Notes £    £   
FIXED ASSETS
Tangible assets 4 502 669
Investments 5 150,001 150,001
Investment property 6 475,000 475,000
625,503 625,670

CURRENT ASSETS
Stocks - 69
Debtors 7 458 -
Cash at bank 6,132 2,148
6,590 2,217
CREDITORS
Amounts falling due within one year 8 (139,519 ) (140,720 )
NET CURRENT LIABILITIES (132,929 ) (138,503 )
TOTAL ASSETS LESS CURRENT LIABILITIES 492,574 487,167

CREDITORS
Amounts falling due after more than one
year

9

(276,480

)

(280,447

)

PROVISIONS FOR LIABILITIES (11,894 ) (11,894 )
NET ASSETS 204,200 194,826

CAPITAL AND RESERVES
Called up share capital 2 2
Fair value reserve 11 47,576 47,576
Retained earnings 156,622 147,248
SHAREHOLDERS' FUNDS 204,200 194,826

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 November 2021.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 November 2021 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.

Bowden Head Farmhouse Limited (Registered number: 03207373)

Balance Sheet - continued
30 November 2021


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 Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 19 August 2022 and were signed by:





Mr G J Collyer - Director


Bowden Head Farmhouse Limited (Registered number: 03207373)

Notes to the Financial Statements
for the Year Ended 30 November 2021

1. STATUTORY INFORMATION

Bowden Head Farmhouse Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

Registered number: 03207373

Registered office: Bowden Head Farmhouse
Bowden Lane
Chapel-en-le.Frith
Stockport
Derbyshire
SK23 0QP

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention as modified by the revaluation of certain assets.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of VAT.

When the outcome of a transaction can be estimated reliably, turnover from services is recognised by reference to the stage of completion at the balance sheet date. Stage of completion is measured by reference to finalisation of work completed.

Where the outcome cannot be measured reliably, turnover is recognised only to the extent of the expenses recognised that are recoverable.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Fixtures and fittings - 25% on reducing balance

Investments in subsidiaries
Investments in subsidiary undertakings are recognised at cost.

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.

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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.


Bowden Head Farmhouse Limited (Registered number: 03207373)

Notes to the Financial Statements - continued
for the Year Ended 30 November 2021

2. ACCOUNTING POLICIES - continued
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 are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2020 - 2 ) .

4. TANGIBLE FIXED ASSETS
Fixtures
and
fittings
£   
COST
At 1 December 2020
and 30 November 2021 24,998
DEPRECIATION
At 1 December 2020 24,329
Charge for year 167
At 30 November 2021 24,496
NET BOOK VALUE
At 30 November 2021 502
At 30 November 2020 669

5. FIXED ASSET INVESTMENTS
Shares in
group Other
undertakings investments Totals
£    £    £   
COST
At 1 December 2020
and 30 November 2021 1 150,000 150,001
NET BOOK VALUE
At 30 November 2021 1 150,000 150,001
At 30 November 2020 1 150,000 150,001

Bowden Head Farmhouse Limited (Registered number: 03207373)

Notes to the Financial Statements - continued
for the Year Ended 30 November 2021

6. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 December 2020
and 30 November 2021 475,000
NET BOOK VALUE
At 30 November 2021 475,000
At 30 November 2020 475,000

Fair value at 30 November 2021 is represented by:
£   
Valuation in 2017 59,470
Valuation in 2019 415,530
475,000

Investment property was valued on an open market basis on 30 November 2019 by the director .

7. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.11.21 30.11.20
£    £   
Other debtors 458 -

8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.11.21 30.11.20
£    £   
Bank loans and overdrafts 13,564 13,564
Taxation and social security 7,451 26,831
Other creditors 118,504 100,325
139,519 140,720

9. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
30.11.21 30.11.20
£    £   
Bank loans 76,285 85,579
Other creditors 200,195 194,868
276,480 280,447

Amounts falling due in more than five years:

Repayable by instalments
Bank loans more than 5 year by installments 35,594 44,888

Bowden Head Farmhouse Limited (Registered number: 03207373)

Notes to the Financial Statements - continued
for the Year Ended 30 November 2021

10. SECURED DEBTS

The following secured debts are included within creditors:

30.11.21 30.11.20
£    £   
Bank loans 89,849 99,143

Loans are secured by a Mortgage charge in favour of the NatWest Bank, on all assets of the company.

11. RESERVES
Fair
value
reserve
£   
At 1 December 2020
and 30 November 2021 47,576