1 January 2022 false No description of principal activity Taxfiler 2022.8.3 04134290business:PrivateLimitedCompanyLtd2022-01-012022-05-31 041342902021-12-31 041342902022-01-012022-05-31 04134290business:AuditExempt-NoAccountantsReport2022-01-012022-05-31 04134290business:FullAccounts2022-01-012022-05-31 041342902022-05-31 04134290business:Director12022-01-012022-05-31 04134290business:Director22022-01-012022-05-31 04134290business:RegisteredOffice2022-01-012022-05-31 041342902021-12-31 04134290core:WithinOneYear2022-05-31 04134290core:WithinOneYear2021-12-31 04134290core:ShareCapital2022-05-31 04134290core:ShareCapital2021-12-31 04134290core:RetainedEarningsAccumulatedLosses2022-05-31 04134290core:RetainedEarningsAccumulatedLosses2021-12-31 04134290business:SmallEntities2022-01-012022-05-31 04134290countries:EnglandWales2022-01-012022-05-31 04134290core:PlantMachinery2022-01-012022-05-31 04134290core:PlantMachinery2021-12-31 04134290core:PlantMachinery2022-05-31 04134290core:AfterOneYear2022-05-31 04134290core:AfterOneYear2021-12-31 041342902021-01-012021-12-31 iso4217:GBP xbrli:pure
Company Registration No. 04134290 (England and Wales)
Bowyer Pounds & Co Ltd Unaudited accounts for the period from 1 January 2022 to 31 May 2022
Bowyer Pounds & Co Ltd Unaudited accounts Contents
Page
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Bowyer Pounds & Co Ltd Company Information for the period from 1 January 2022 to 31 May 2022
Directors
M Pounds N Pounds
Company Number
04134290 (England and Wales)
Registered Office
76 Glebe Lane Maidstone Kent ME16 9BD
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Bowyer Pounds & Co Ltd Statement of financial position as at 31 May 2022
2022 
2021 
Notes
£ 
£ 
Fixed assets
Tangible assets
8,900 
9,763 
Current assets
Inventories
8,913 
8,801 
Debtors
20,459 
14,284 
Cash at bank and in hand
11,673 
101,072 
41,045 
124,157 
Creditors: amounts falling due within one year
(49,820)
(51,035)
Net current (liabilities)/assets
(8,775)
73,122 
Net assets
125 
82,885 
Capital and reserves
Called up share capital
125 
125 
Profit and loss account
- 
82,760 
Shareholders' funds
125 
82,885 
For the period ending 31 May 2022 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 1 June 2022 and were signed on its behalf by
M Pounds Director Company Registration No. 04134290
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Bowyer Pounds & Co Ltd Notes to the Accounts for the period from 1 January 2022 to 31 May 2022
1
Statutory information
Bowyer Pounds & Co Ltd is a private company, limited by shares, registered in England and Wales, registration number 04134290. The registered office is 76 Glebe Lane, Maidstone, Kent, ME16 9BD.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous period, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
20% Reducing Balance
Pension costs
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
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Bowyer Pounds & Co Ltd Notes to the Accounts for the period from 1 January 2022 to 31 May 2022
4
Tangible fixed assets
Plant & machinery 
£ 
Cost or valuation
At cost 
At 1 January 2022
47,694 
At 31 May 2022
47,694 
Depreciation
At 1 January 2022
37,931 
Charge for the period
863 
At 31 May 2022
38,794 
Net book value
At 31 May 2022
8,900 
At 31 December 2021
9,763 
5
Debtors: amounts falling due within one year
2022 
2021 
£ 
£ 
Trade debtors
19,689 
- 
Accrued income and prepayments
770 
- 
20,459 
- 
Debtors: amounts falling due after more than one year
Trade debtors
- 
13,700 
Accrued income and prepayments
- 
584 
- 
14,284 
6
Creditors: amounts falling due within one year
2022 
2021 
£ 
£ 
Trade creditors
6,879 
7,006 
Taxes and social security
26,314 
43,066 
Other creditors
260 
532 
Loans from directors
16,367 
431 
49,820 
51,035 
7
Average number of employees
During the period the average number of employees was 0 (2021: 0).
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