Company Registration No. 05711756 (England and Wales)
Bowman Builders Limited
Unaudited accounts
for the year ended 28 February 2022
Bowman Builders Limited
Unaudited accounts
Contents
Bowman Builders Limited
Company Information
for the year ended 28 February 2022
Company Number
05711756 (England and Wales)
Registered Office
5 Dresser Close
Garden Village
Richmond
North Yorkshire
DL10 4UD
Bowman Builders Limited
Statement of financial position
as at 28 February 2022
Tangible assets
24,255
5,850
Cash at bank and in hand
500
500
Creditors: amounts falling due within one year
(36,084)
(25,669)
Net current liabilities
(6,007)
(289)
Total assets less current liabilities
18,249
5,562
Creditors: amounts falling due after more than one year
(30,632)
(26,030)
Net liabilities
(12,383)
(20,468)
Called up share capital
8
8
Profit and loss account
(12,391)
(20,476)
Shareholders' funds
(12,383)
(20,468)
For the year ending 28 February 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 director acknowledges his 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 and authorised for issue on 14 September 2022 and were signed on its behalf by
Nigel Bowman
Director
Company Registration No. 05711756
Bowman Builders Limited
Notes to the Accounts
for the year ended 28 February 2022
Bowman Builders Limited is a private company, limited by shares, registered in England and Wales, registration number 05711756. The registered office is 5 Dresser Close, Garden Village, Richmond, North Yorkshire, DL10 4UD.
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.
These financial statements for the year ended 28 February 2022 are the first financial statements that comply with FRS 102 Section 1A Small Entities. The date of transition is 1 March 2020.
The transition to FRS 102 Section 1A Small Entities has resulted in a small number of changes in accounting policies to those used previously.
The nature of these changes and their impact on opening equity and profit for the comparative period are explained in the notes below.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
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
25% reducing balance
Motor vehicles
25% reducing balance
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
4
Intangible fixed assets
Goodwill
Bowman Builders Limited
Notes to the Accounts
for the year ended 28 February 2022
5
Tangible fixed assets
Plant & machinery
Motor vehicles
Total
Cost or valuation
At cost
At cost
At 1 March 2021
18,980
50,649
69,629
Additions
(1,200)
23,735
22,535
Disposals
-
(20,484)
(20,484)
At 28 February 2022
17,780
53,900
71,680
At 1 March 2021
13,130
50,649
63,779
Charge for the year
1,163
2,967
4,130
On disposals
-
(20,484)
(20,484)
At 28 February 2022
14,293
33,132
47,425
At 28 February 2022
3,487
20,768
24,255
At 28 February 2021
5,850
-
5,850
6
Debtors: amounts falling due within one year
2022
2021
7
Creditors: amounts falling due within one year
2022
2021
Bank loans and overdrafts
29,888
22,130
Trade creditors
4,386
2,583
8
Creditors: amounts falling due after more than one year
2022
2021
Taxes and social security
-
4,530
Bowman Builders Limited
Notes to the Accounts
for the year ended 28 February 2022
Brought
Forward
Advance/
credit
Repaid
Carried
Forward
10
Average number of employees
During the year the average number of employees was 1 (2021: 1).