Caseware UK (AP4) 2023.0.135 2023.0.135 2023-12-312023-12-31falsetrue12023-01-01falseNo description of principal activityThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false SC752078 2022-12-31 SC752078 2023-01-01 2023-12-31 SC752078 2022-01-01 2022-12-31 SC752078 2023-12-31 SC752078 c:Director1 2023-01-01 2023-12-31 SC752078 c:Director1 2023-12-31 SC752078 c:RegisteredOffice 2023-01-01 2023-12-31 SC752078 d:CurrentFinancialInstruments 2023-12-31 SC752078 d:CurrentFinancialInstruments d:WithinOneYear 2023-12-31 SC752078 d:ShareCapital 2023-12-31 SC752078 d:RetainedEarningsAccumulatedLosses 2023-12-31 SC752078 c:OrdinaryShareClass1 2023-01-01 2023-12-31 SC752078 c:OrdinaryShareClass1 2023-12-31 SC752078 c:FRS102 2023-01-01 2023-12-31 SC752078 c:AuditExempt-NoAccountantsReport 2023-01-01 2023-12-31 SC752078 c:FullAccounts 2023-01-01 2023-12-31 SC752078 c:PrivateLimitedCompanyLtd 2023-01-01 2023-12-31 SC752078 6 2023-01-01 2023-12-31 SC752078 e:PoundSterling 2023-01-01 2023-12-31 xbrli:shares iso4217:GBP xbrli:pure
Registered number: SC752078










BOWEN DEFENCE LTD
FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 DECEMBER 2023

 
BOWEN DEFENCE LTD
 

COMPANY INFORMATION


Director
Mr A D Bowen (appointed 2 December 2022)




Registered number
SC752078



Registered office
Unit 3 Forties Gateway
Barham Road

Rosyth

Fife

KY11 2WP




Accountants
EQ Accountants Limited
Chartered Accountants

Pentland House

Saltire Centre

Glenrothes

Fife

KY6 2AH





 
BOWEN DEFENCE LTD
REGISTERED NUMBER: SC752078

STATEMENT OF FINANCIAL POSITION
AS AT 31 DECEMBER 2023

2023
£

Fixed assets
  

Investments
 4 
104

  
104

Current assets
  

Cash at bank and in hand
  
5,750,035

  
5,750,035

Creditors: amounts falling due within one year
 5 
(14,978)

Net current assets
  
 
 
5,735,057

Total assets less current liabilities
  
5,735,161

  

Net assets
  
5,735,161


Capital and reserves
  

Called up share capital 
  
100

Profit and loss account
  
5,735,061

  
5,735,161


The director considers that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the period in question in accordance with section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime and in accordance with the provisions of FRS 102 Section 1A - small entities.

The financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The Company has opted not to file the statement of income and retained earnings in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf by: 




Mr A D Bowen
Director

Date: 28 August 2024

The notes on pages 2 to 3 form part of these financial statements.

Page 1

 
BOWEN DEFENCE LTD
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 DECEMBER 2023

1.


General information

Bowen Defence Limited is a private Company, limited by shares, incorporated in Scotland with registration number SC752078. The registered office address is Unit 3, Forties Gateway, Barham Road, Rosyth, Fife, KY11 2WP.
The financial statements are presented in Sterling which is the functional currency of the Company and rounded to the nearest £.
The company was incorporated on 2 December 2022.

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Section 1A of Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.

The following principal accounting policies have been applied:

 
2.2

Taxation

Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the Company operates and generates income.

 
2.3

Valuation of investments

Investments in subsidiaries are measured at cost less accumulated impairment.

 
2.4

Dividends

Equity dividends are recognised when they become legally payable. Interim equity dividends are recognised when paid. Final equity dividends are recognised when approved by the shareholders at an annual general meeting.


3.


Employees

The average monthly number of employees, including directors, during the period was 1.

Page 2

 
BOWEN DEFENCE LTD
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 DECEMBER 2023

4.


Fixed asset investments





Investments in subsidiary companies

£



Cost or valuation


Additions
104



At 31 December 2023
104





5.


Creditors: Amounts falling due within one year

2023
£

Other taxation and social security
14,974

Other creditors
4

14,978



6.


Share capital

2023
£
Allotted, called up and fully paid


100 Ordinary shares of £1.00 each
100


On 2 December 2022, 1 Ordinary share of £1.00 each were issued. 
On 9 December 2022, a further 99 Ordinary shares of £1.00 each were issued as part of the acquisition of Bowen Fluid Engineering Limited. 


Page 3