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REGISTERED NUMBER: 12091306 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 July 2023

for

Bowler Estates Limited

Bowler Estates Limited (Registered number: 12091306)






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




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Bowler Estates Limited

Company Information
for the Year Ended 31 July 2023







DIRECTORS: Mrs C M Bowler
Ms E J Drakeford





REGISTERED OFFICE: The Old Grange
Warren Estate
Lordship Road
Writtle
Essex
CM1 3WT





REGISTERED NUMBER: 12091306 (England and Wales)





ACCOUNTANTS: Fisher Michael
The Old Grange
Warren Estate
Lordship Road
Writtle
Essex
CM1 3WT

Bowler Estates Limited (Registered number: 12091306)

Balance Sheet
31 July 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Investment property 4 3,030,000 2,910,000

CURRENT ASSETS
Debtors 5 1,393 1,164
Cash at bank 245,603 196,744
246,996 197,908
CREDITORS
Amounts falling due within one year 6 21,210 16,009
NET CURRENT ASSETS 225,786 181,899
TOTAL ASSETS LESS CURRENT
LIABILITIES

3,255,786

3,091,899

CREDITORS
Amounts falling due after more than one
year

7

(1,865,000

)

(1,865,000

)

PROVISIONS FOR LIABILITIES (317,300 ) (218,400 )
NET ASSETS 1,073,486 1,008,499

CAPITAL AND RESERVES
Called up share capital 1 1
Fair value reserve 951,948 930,848
Retained earnings 121,537 77,650
1,073,486 1,008,499

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

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

Bowler Estates Limited (Registered number: 12091306)

Balance Sheet - continued
31 July 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 28 March 2024 and were signed on its behalf by:




Mrs C M Bowler - Director



Ms E J Drakeford - Director


Bowler Estates Limited (Registered number: 12091306)

Notes to the Financial Statements
for the Year Ended 31 July 2023

1. STATUTORY INFORMATION

Bowler Estates 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.

The company is not part of a group.

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.

Significant judgements and estimates
No significant judgements or estimates have been applied in the preparation of the financial statements.

Investment property
The investment property is included at fair value. Gains are recognised in the income statement and subsequently transferred to the fair value reserve. Deferred taxation is provided on these gains at the rate expected to apply when the property is sold.

Financial instruments
The company only enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities like trade and other debtors, trade creditors and loans from related parties.

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.

Debtors
Short term debtors are measured at transaction price, less any impairment.

Creditors
Short term creditors are measured at the transaction price.

Other financial liabilities, are also measured at transaction price since the difference between this basis and the amortised cost basis is not material.

Bowler Estates Limited (Registered number: 12091306)

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

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2022 - 2 ) .

4. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 August 2022 2,910,000
Revaluations 120,000
At 31 July 2023 3,030,000
NET BOOK VALUE
At 31 July 2023 3,030,000
At 31 July 2022 2,910,000

Fair value at 31 July 2023 is represented by:
£   
Valuation in 2021 354,802
Valuation in 2022 794,446
Valuation in 2023 120,000
Cost 1,760,752
3,030,000

If the investment properties had not been revalued they would have been included at the following historical cost:

2023 2022
£    £   
Cost 1,760,752 1,760,752

The investment properties were valued on an open market basis on 31 July 2023 by the directors .

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Other debtors 1,393 1,164

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Taxation and social security 10,430 7,560
Other creditors 10,780 8,449
21,210 16,009

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2023 2022
£    £   
Other creditors 1,865,000 1,865,000

Bowler Estates Limited (Registered number: 12091306)

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

8. SECURED DEBTS

The following secured debts are included within creditors:

2023 2022
£    £   
Director's loan account 1,216,000 1,216,000

The director's loan account is secured by a fixed and floating charge over all undertaking, property and assets of the company.