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REGISTERED NUMBER: 13259490 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 August 2023

for

Bowrovia Estates 2020 Limited

Bowrovia Estates 2020 Limited (Registered number: 13259490)






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




Page

Company Information 1

Chartered Accountants' Report 2

Balance Sheet 3

Notes to the Financial Statements 5


Bowrovia Estates 2020 Limited

Company Information
for the Year Ended 31 August 2023







DIRECTORS: M Davidson
Mrs N Hawkes





SECRETARY: R Hawkes





REGISTERED OFFICE: Regency House
33 Wood Street
Barnet
Hertfordshire
EN5 4BE





REGISTERED NUMBER: 13259490 (England and Wales)





ACCOUNTANTS: Cartwrights
Chartered Accountants and Business Advisors
Regency House
33 Wood Street
Barnet
Hertfordshire
EN5 4BE

Chartered Accountants' Report to the Board of Directors
on the Unaudited Financial Statements of
Bowrovia Estates 2020 Limited

The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Bowrovia Estates 2020 Limited for the year ended 31 August 2023 which comprise the Income Statement, Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the Board of Directors of Bowrovia Estates 2020 Limited, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Bowrovia Estates 2020 Limited and state those matters that we have agreed to state to the Board of Directors of Bowrovia Estates 2020 Limited, as a body, in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Bowrovia Estates 2020 Limited and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that Bowrovia Estates 2020 Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Bowrovia Estates 2020 Limited. You consider that Bowrovia Estates 2020 Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Bowrovia Estates 2020 Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.






Cartwrights
Chartered Accountants and Business Advisors
Regency House
33 Wood Street
Barnet
Hertfordshire
EN5 4BE


16 April 2024

Bowrovia Estates 2020 Limited (Registered number: 13259490)

Balance Sheet
31 August 2023

31/8/23 31/8/22
Notes £    £    £    £   
FIXED ASSETS
Investment property 4 1,237,664 822,884

CURRENT ASSETS
Cash at bank 40,411 26,449

CREDITORS
Amounts falling due within one year 5 515,481 517,720
NET CURRENT LIABILITIES (475,070 ) (491,271 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

762,594

331,613

CREDITORS
Amounts falling due after more than one year 6 742,776 322,884
NET ASSETS 19,818 8,729

CAPITAL AND RESERVES
Called up share capital 500 500
Retained earnings 19,318 8,229
19,818 8,729

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

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

Bowrovia Estates 2020 Limited (Registered number: 13259490)

Balance Sheet - continued
31 August 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 16 April 2024 and were signed on its behalf by:




M Davidson - Director



Mrs N Hawkes - Director


Bowrovia Estates 2020 Limited (Registered number: 13259490)

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

1. STATUTORY INFORMATION

Bowrovia Estates 2020 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.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Investment property
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is 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 2 (2022 - 2 ) .

Bowrovia Estates 2020 Limited (Registered number: 13259490)

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

4. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 September 2022 822,884
Additions 414,780
At 31 August 2023 1,237,664
NET BOOK VALUE
At 31 August 2023 1,237,664
At 31 August 2022 822,884

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31/8/23 31/8/22
£    £   
Trade creditors (1 ) -
Taxation and social security 3,070 1,930
Other creditors 512,412 515,790
515,481 517,720

6. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31/8/23 31/8/22
£    £   
Bank loans 404,942 -
Other creditors 337,834 322,884
742,776 322,884

Amounts falling due in more than five years:

Repayable otherwise than by instalments
Bank loans more 5 yrs non-inst 404,942 -

7. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

Included within other creditors due within one year as at the balance sheet date, is an amount totalling £495,176. (2022: £502,676) due to the directors.

8. RELATED PARTY DISCLOSURES

Included within long term other creditors at the balance sheet date, is an amount totalling £337,834 (2022: £322,884) owed to Strollgate 2020 Limited, a company in which M Davidson is a director and shareholder. Interest is payable on this loan at the rate of 3.5% per annum.

Bowrovia Estates 2020 Limited (Registered number: 13259490)

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

9. ULTIMATE CONTROLLING PARTY

The directors have control of the company.