BOWEN UMBILICALS LTD
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 MARCH 2023
Bowen Umbilicals Ltd is limited by shares and incorporated in Scotland. The address of the registered office is Unit 4c Forties Gateway, Barham Road, Rosyth, KY11 2WP.
The financial statements are presented in Sterling which is the functional currency of the company and rounded to the nearest £.
The company was incorporated on 1 March 2022 and did not trade in the period to 31 March 2023.
2.Accounting policies
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Basis of preparation of financial statements
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The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.
The preparation of financial statements in compliance with FRS 102 requires the use of certain critical accounting estimates. It also requires management to exercise judgment in applying the Company's accounting policies.
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Called up share capital not paid
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Allotted, called up and fully paid
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2 Ordinary shares of £1.00 each
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On incorporation, 2 ordinary shares of £1.00 each were issued.
From 9 December 2022, the parent company was Bowen Defence Ltd, a company incorporated in Scotland; registered number SC752078. The registered office is Unit 3 Forties Gateway, Barham Road, Rosyth, KY11 2WP.
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