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REGISTERED NUMBER: 10189549 (England and Wales)















Financial Statements for the Year Ended 31 May 2023

for

R. Bowie Limited

R. Bowie Limited (Registered number: 10189549)






Contents of the Financial Statements
for the Year Ended 31 May 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


R. Bowie Limited

Company Information
for the Year Ended 31 May 2023







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
Richmond House
Lawnswood Business Park
Redvers Close
Leeds
West Yorkshire
LS16 6QY

R. Bowie Limited (Registered number: 10189549)

Balance Sheet
31 May 2023

31.5.23 31.5.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 230 201
Investments 5 149,262 125,490
149,492 125,691

CURRENT ASSETS
Debtors 6 44,759 7,001
Cash at bank 36,578 47,441
81,337 54,442
CREDITORS
Amounts falling due within one year 7 21,105 12,031
NET CURRENT ASSETS 60,232 42,411
TOTAL ASSETS LESS CURRENT
LIABILITIES

209,724

168,102

PROVISIONS FOR LIABILITIES 888 1,081
NET ASSETS 208,836 167,021

CAPITAL AND RESERVES
Called up share capital 100 100
Non-distributable reserve 2,492 9,897
Retained earnings 206,244 157,024
SHAREHOLDERS' FUNDS 208,836 167,021

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 May 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 2023 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 2023


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 13 February 2024 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 2023

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 (2022 - NIL).

R. Bowie Limited (Registered number: 10189549)

Notes to the Financial Statements - continued
for the Year Ended 31 May 2023

4. TANGIBLE FIXED ASSETS
Computer
equipment
£   
COST
At 1 June 2022 3,624
Additions 345
Disposals (476 )
At 31 May 2023 3,493
DEPRECIATION
At 1 June 2022 3,423
Charge for year 316
Eliminated on disposal (476 )
At 31 May 2023 3,263
NET BOOK VALUE
At 31 May 2023 230
At 31 May 2022 201

5. FIXED ASSET INVESTMENTS
Listed Unlisted
investments investments Totals
£    £    £   
COST OR VALUATION
At 1 June 2022 125,490 - 125,490
Additions - 25,940 25,940
Revaluations (2,168 ) - (2,168 )
At 31 May 2023 123,322 25,940 149,262
NET BOOK VALUE
At 31 May 2023 123,322 25,940 149,262
At 31 May 2022 125,490 - 125,490

R. Bowie Limited (Registered number: 10189549)

Notes to the Financial Statements - continued
for the Year Ended 31 May 2023

5. FIXED ASSET INVESTMENTS - continued

Cost or valuation at 31 May 2023 is represented by:

Listed Unlisted
investments investments Totals
£    £    £   
Valuation in 2018 1,222 - 1,222
Valuation in 2019 285 - 285
Valuation in 2020 (6,957 ) - (6,957 )
Valuation in 2021 13,913 - 13,913
Valuation in 2022 (2,973 ) - (2,973 )
Valuation in 2023 (2,168 ) - (2,168 )
Cost 120,000 25,940 145,940
123,322 25,940 149,262

6. DEBTORS
31.5.23 31.5.22
£    £   
Amounts falling due within one year:
Trade debtors 6,939 7,001
Other debtors 28,277 -
35,216 7,001

Amounts falling due after more than one year:
Other debtors 9,543 -

Aggregate amounts 44,759 7,001

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.5.23 31.5.22
£    £   
Trade creditors 653 653
Taxation and social security 19,852 8,769
Other creditors 600 2,609
21,105 12,031

R. Bowie Limited (Registered number: 10189549)

Notes to the Financial Statements - continued
for the Year Ended 31 May 2023

8. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 31 May 2023 and 31 May 2022:

31.5.23 31.5.22
£    £   
R A Bowie and Dr P J Allen
Balance outstanding at start of year - -
Amounts advanced 28,796 -
Amounts repaid (520 ) -
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 28,276 -

Interest has been charged at the official rate.
This is repayable on demand.