IRIS Accounts Production v22.2.0.402 10189549 Board of Directors 1.6.21 31.5.22 31.5.22 0 0 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pure101895492021-05-31101895492022-05-31101895492021-06-012022-05-31101895492020-05-31101895492020-06-012021-05-31101895492021-05-3110189549ns16:EnglandWales2021-06-012022-05-3110189549ns15:PoundSterling2021-06-012022-05-3110189549ns11:Director12021-06-012022-05-3110189549ns11:PrivateLimitedCompanyLtd2021-06-012022-05-3110189549ns11:SmallEntities2021-06-012022-05-3110189549ns11:AuditExempt-NoAccountantsReport2021-06-012022-05-3110189549ns11:SmallCompaniesRegimeForDirectorsReport2021-06-012022-05-3110189549ns11:SmallCompaniesRegimeForAccounts2021-06-012022-05-3110189549ns11:FullAccounts2021-06-012022-05-3110189549ns11:Director22021-06-012022-05-3110189549ns11:RegisteredOffice2021-06-012022-05-3110189549ns6:CurrentFinancialInstruments2022-05-3110189549ns6:CurrentFinancialInstruments2021-05-3110189549ns6:ShareCapital2022-05-3110189549ns6:ShareCapital2021-05-3110189549ns6:RevaluationReserve2022-05-3110189549ns6:RevaluationReserve2021-05-3110189549ns6:RetainedEarningsAccumulatedLosses2022-05-3110189549ns6:RetainedEarningsAccumulatedLosses2021-05-3110189549ns6:ComputerEquipment2021-06-012022-05-3110189549ns6:ComputerEquipment2021-05-3110189549ns6:ComputerEquipment2022-05-3110189549ns6:ComputerEquipment2021-05-3110189549ns6:CostValuationns6:ListedExchangeTraded2021-05-3110189549ns6:AdditionsToInvestmentsns6:ListedExchangeTraded2022-05-3110189549ns6:RevaluationsIncreaseDecreaseInInvestmentsns6:ListedExchangeTraded2022-05-3110189549ns6:CostValuationns6:ListedExchangeTraded2022-05-3110189549ns6:ListedExchangeTraded2022-05-3110189549ns6:ListedExchangeTraded2021-05-3110189549ns6:WithinOneYearns6:CurrentFinancialInstruments2022-05-3110189549ns6:WithinOneYearns6:CurrentFinancialInstruments2021-05-31
REGISTERED NUMBER: 10189549 (England and Wales)















Financial Statements for the Year Ended 31 May 2022

for

R. Bowie Limited

R. Bowie Limited (Registered number: 10189549)






Contents of the Financial Statements
for the Year Ended 31 May 2022




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


R. Bowie Limited

Company Information
for the Year Ended 31 May 2022







DIRECTORS: R A Bowie
Dr P J Allen





REGISTERED OFFICE: Fernleys
Acacia Park Drive
Apperley Bridge
West Yorkshire
BD10 0PL





REGISTERED NUMBER: 10189549 (England and Wales)





ACCOUNTANTS: Richard Smedley Limited
Chartered Accountants & Registered Auditors
2nd Floor, Woodside House
261 Low Lane
Horsforth
Leeds
West Yorkshire
LS18 5NY

R. Bowie Limited (Registered number: 10189549)

Balance Sheet
31 May 2022

31.5.22 31.5.21
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 201 808
Investments 5 125,490 78,463
125,691 79,271

CURRENT ASSETS
Debtors 6 7,001 4,949
Cash at bank 47,441 66,973
54,442 71,922
CREDITORS
Amounts falling due within one year 7 12,031 14,681
NET CURRENT ASSETS 42,411 57,241
TOTAL ASSETS LESS CURRENT
LIABILITIES

168,102

136,512

PROVISIONS FOR LIABILITIES 1,081 1,761
NET ASSETS 167,021 134,751

CAPITAL AND RESERVES
Called up share capital 100 100
Non-distributable reserve 9,897 12,304
Retained earnings 157,024 122,347
SHAREHOLDERS' FUNDS 167,021 134,751

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 May 2022.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 2022 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.

R. Bowie Limited (Registered number: 10189549)

Balance Sheet - continued
31 May 2022


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 Board of Directors and authorised for issue on 2 September 2022 and were signed on its behalf by:





R A Bowie - Director


R. Bowie Limited (Registered number: 10189549)

Notes to the Financial Statements
for the Year Ended 31 May 2022

1. STATUTORY INFORMATION

R. Bowie 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 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 represents net invoiced sales of services excluding value added tax. Revenue is recognised when the company obtains the right to receive consideration for services provided.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Computer equipment - 33% on cost

Financial instruments
Basic financial instruments are recognised at amortised costs. Derivative financial instruments are initially recorded at cost and thereafter at fair value with changes recognised in profit or loss.

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 NIL (2021 - NIL).

R. Bowie Limited (Registered number: 10189549)

Notes to the Financial Statements - continued
for the Year Ended 31 May 2022

4. TANGIBLE FIXED ASSETS
Computer
equipment
£   
COST
At 1 June 2021
and 31 May 2022 3,624
DEPRECIATION
At 1 June 2021 2,816
Charge for year 607
At 31 May 2022 3,423
NET BOOK VALUE
At 31 May 2022 201
At 31 May 2021 808

5. FIXED ASSET INVESTMENTS
Listed
investments
£   
COST OR VALUATION
At 1 June 2021 78,463
Additions 49,999
Revaluations (2,972 )
At 31 May 2022 125,490
NET BOOK VALUE
At 31 May 2022 125,490
At 31 May 2021 78,463

Cost or valuation at 31 May 2022 is represented by:

Listed
investments
£   
Valuation in 2018 1,222
Valuation in 2019 285
Valuation in 2020 (6,957 )
Valuation in 2021 13,913
Valuation in 2022 (2,973 )
Cost 120,000
125,490

R. Bowie Limited (Registered number: 10189549)

Notes to the Financial Statements - continued
for the Year Ended 31 May 2022

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.5.22 31.5.21
£    £   
Trade debtors 7,001 4,949

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.5.22 31.5.21
£    £   
Trade creditors 653 -
Taxation and social security 8,769 7,500
Other creditors 2,609 7,181
12,031 14,681