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REGISTERED NUMBER: 11613038 (England and Wales)














Unaudited Financial Statements

for the Period 1 January 2023 to 30 August 2023

for

David W Gowan Limited

David W Gowan Limited (Registered number: 11613038)






Contents of the Financial Statements
for the Period 1 January 2023 to 30 August 2023




Page

Balance Sheet 1

Notes to the Financial Statements 2


David W Gowan Limited (Registered number: 11613038)

Balance Sheet
30 August 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Investments 4 - 328,635

CURRENT ASSETS
Debtors 5 107,594 -
Cash at bank 1,894,674 2,398
2,002,268 2,398
CREDITORS
Amounts falling due within one year 6 599 97,010
NET CURRENT ASSETS/(LIABILITIES) 2,001,669 (94,612 )
TOTAL ASSETS LESS CURRENT LIABILITIES 2,001,669 234,023

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 2,001,569 233,923
SHAREHOLDERS' FUNDS 2,001,669 234,023

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 30 August 2023.

The members have not required the company to obtain an audit of its financial statements for the period ended 30 August 2023 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

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 Profit And Loss Account has not been delivered.

The financial statements were approved by the director and authorised for issue on 5 March 2024 and were signed by:





Mr D Gowan - Director


David W Gowan Limited (Registered number: 11613038)

Notes to the Financial Statements
for the Period 1 January 2023 to 30 August 2023

1. STATUTORY INFORMATION

David W Gowan Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

Registered number: 11613038

Registered office: Woolley Farm
Hyde Mill Lane
Brewood
Stafford
Staffordshire
ST19 9DJ

The presentation currency of the financial statements is the Pound Sterling (£).


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.

Taxation
Taxation for the period comprises current and deferred tax. Tax is recognised in the Profit And Loss Account, 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 period 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 period was 1 (2022 - 1 ) .

4. FIXED ASSET INVESTMENTS
Other
investments
£   
COST
At 1 January 2023 328,635
Disposals (328,635 )
At 30 August 2023 -
NET BOOK VALUE
At 30 August 2023 -
At 31 December 2022 328,635

David W Gowan Limited (Registered number: 11613038)

Notes to the Financial Statements - continued
for the Period 1 January 2023 to 30 August 2023

4. FIXED ASSET INVESTMENTS - continued

Fixed asset investments are stated at cost, less any impairment at the balance sheet date

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Other debtors 107,594 -

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Other creditors 599 97,010

7. SECURED DEBTS

The following secured debts are included within creditors:

2023 2022
£    £   

The Nat. West. bank holds a fixed and floating charge over the assets of the company.

8. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the period ended 30 August 2023 and the year ended 31 December 2022:

2023 2022
£    £   
**UNKNOWN DIRECTOR 1**
Balance outstanding at start of period (96,409 ) -
Amounts advanced 204,004 -
Amounts repaid - -
Amounts written off - -
Amounts waived - -
Balance outstanding at end of period 107,595 -
** BALANCE OUTSTANDING AT START OF YEAR FOR CURRENT YEAR AS SHOWN ABOVE (96,409 )
DOES NOT AGREE TO BALANCE OUTSTANDING AT END OF YEAR FOR LAST YEAR -

PLEASE CHECK CLIENT SCREEN - NOTES TO FINANCIAL STATEMENTS - OTHER DISCLOSURES - TRANSACTIONS WITH DIRECTORS - DIRECTORS' ADVANCES AND CREDITS - FOR BOTH CURRENT AND LAST YEARS