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REGISTERED NUMBER: 04668257 (England and Wales)















REPORT OF THE DIRECTORS AND

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2023

FOR

D R VOWLES & SON LTD

D R VOWLES & SON LTD (REGISTERED NUMBER: 04668257)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2023










Page

Company Information 1

Report of the Directors 2

Balance Sheet 3

Notes to the Financial Statements 5

Report of the Accountants 8

D R VOWLES & SON LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 31 AUGUST 2023







DIRECTORS: Mr D R Vowles
K J Book





REGISTERED OFFICE: 584 Wellsway
Bath
Somerset
BA2 2UE





REGISTERED NUMBER: 04668257 (England and Wales)





ACCOUNTANTS: SMH Taxation and Accountancy Ltd
16 Kipling Avenue
Bath
Somerset
BA2 4RB

D R VOWLES & SON LTD (REGISTERED NUMBER: 04668257)

REPORT OF THE DIRECTORS
FOR THE YEAR ENDED 31 AUGUST 2023


The directors present their report with the financial statements of the company for the year ended 31 August 2023.

DIRECTORS
Mr D R Vowles has held office during the whole of the period from 1 September 2022 to the date of this report.

Other changes in directors holding office are as follows:

K J Book - appointed 3 October 2022

This report has been prepared in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

ON BEHALF OF THE BOARD:





Mr D R Vowles - Director


31 July 2024

D R VOWLES & SON LTD (REGISTERED NUMBER: 04668257)

BALANCE SHEET
31 AUGUST 2023

2023 2022
Notes £    £   
FIXED ASSETS
Intangible assets 4 - -
Tangible assets 5 166,069 172,483
166,069 172,483

CURRENT ASSETS
Debtors 6 115,194 85,194
Cash at bank 1,273 7,173
116,467 92,367
CREDITORS
Amounts falling due within one year 7 (254,793 ) (200,793 )
NET CURRENT LIABILITIES (138,326 ) (108,426 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

27,743

64,057

CAPITAL AND RESERVES
Called up share capital 10 10
Retained earnings 27,733 64,047
SHAREHOLDERS' FUNDS 27,743 64,057

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.

D R VOWLES & SON LTD (REGISTERED NUMBER: 04668257)

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 31 July 2024 and were signed on its behalf by:





Mr D R Vowles - Director


D R VOWLES & SON LTD (REGISTERED NUMBER: 04668257)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2023


1. STATUTORY INFORMATION

D R Vowles & Son Ltd 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.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 0, is being amortised evenly over its estimated useful life of nil years.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery - 25% on reducing balance
Motor vehicles - 25% on reducing balance

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.

D R VOWLES & SON LTD (REGISTERED NUMBER: 04668257)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 AUGUST 2023


2. ACCOUNTING POLICIES - continued

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 10 (2022 - 11 ) .

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 September 2022
and 31 August 2023 72,500
AMORTISATION
At 1 September 2022
and 31 August 2023 72,500
NET BOOK VALUE
At 31 August 2023 -
At 31 August 2022 -

5. TANGIBLE FIXED ASSETS
Freehold Plant and Motor
property machinery vehicles Totals
£    £    £    £   
COST
At 1 September 2022 131,826 45,527 102,074 279,427
Additions - 5,000 - 5,000
At 31 August 2023 131,826 50,527 102,074 284,427
DEPRECIATION
At 1 September 2022 - 30,282 76,662 106,944
Charge for year - 5,061 6,353 11,414
At 31 August 2023 - 35,343 83,015 118,358
NET BOOK VALUE
At 31 August 2023 131,826 15,184 19,059 166,069
At 31 August 2022 131,826 15,245 25,412 172,483

D R VOWLES & SON LTD (REGISTERED NUMBER: 04668257)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 AUGUST 2023


6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors 79,099 48,587
VAT 26,895 32,007
Prepayments and accrued income 9,200 4,600
115,194 85,194

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Bank loans and overdrafts 16,500 22,500
Hire purchase contracts 6,352 10,246
Trade creditors 151,544 116,731
Tax 62,105 45,184
Social security and other taxes 6,211 5,811
Directors' current accounts 81 321
Accruals and deferred income 12,000 -
254,793 200,793

D R VOWLES & SON LTD

REPORT OF THE ACCOUNTANTS TO THE DIRECTORS OF
D R VOWLES & SON LTD


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.

As described on the Balance Sheet you are responsible for the preparation of the financial statements for the year ended 31 August 2023 set out on page nil and you consider that the company is exempt from an audit.

In accordance with your instructions, we have compiled these unaudited financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and information and explanations supplied to us.






SMH Taxation and Accountancy Ltd
16 Kipling Avenue
Bath
Somerset
BA2 4RB


Date: .............................................