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REGISTERED NUMBER: 04738209 (England and Wales)














Unaudited Financial Statements for the Year Ended 31 May 2024

for

B DOWLING LIMITED

B DOWLING LIMITED (REGISTERED NUMBER: 04738209)






Contents of the Financial Statements
for the year ended 31 MAY 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


B DOWLING LIMITED

Company Information
for the year ended 31 MAY 2024







DIRECTORS: B Dowling
C Dowling





SECRETARY: C Dowling





REGISTERED OFFICE: 9 Ferndale Road
Luton
Bedfordshire
LU1 1PF





REGISTERED NUMBER: 04738209 (England and Wales)





ACCOUNTANTS: Elsby & Co
155 Wellingborough Road
Rushden
Northamptonshire
NN10 9TB

B DOWLING LIMITED (REGISTERED NUMBER: 04738209)

Balance Sheet
31 MAY 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 94,944 99,854

CURRENT ASSETS
Stocks 13,906 9,149
Debtors 5 59,792 66,823
Cash at bank 553,738 469,680
627,436 545,652
CREDITORS
Amounts falling due within one year 6 51,660 34,228
NET CURRENT ASSETS 575,776 511,424
TOTAL ASSETS LESS CURRENT LIABILITIES 670,720 611,278

CREDITORS
Amounts falling due after more than one
year

7

-

(1,625

)

PROVISIONS FOR LIABILITIES (23,214 ) (20,734 )
NET ASSETS 647,506 588,919

CAPITAL AND RESERVES
Called up share capital 8 4 4
Retained earnings 647,502 588,915
SHAREHOLDERS' FUNDS 647,506 588,919

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 May 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 2024 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.

B DOWLING LIMITED (REGISTERED NUMBER: 04738209)

Balance Sheet - continued
31 MAY 2024


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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 23 September 2024 and were signed on its behalf by:





B Dowling - Director


B DOWLING LIMITED (REGISTERED NUMBER: 04738209)

Notes to the Financial Statements
for the year ended 31 MAY 2024

1. STATUTORY INFORMATION

B Dowling 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.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.
Plant and machinery - 20% on reducing balance
Motor vehicles - 25% on reducing balance
Computer equipment - 25% on cost

Stocks
Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell.
Cost includes all costs of purchase, costs of conversion and other costs incurred in bringing
stock to its present location and condition.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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.

Hire purchase and leasing commitments
Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2023 - NIL).

B DOWLING LIMITED (REGISTERED NUMBER: 04738209)

Notes to the Financial Statements - continued
for the year ended 31 MAY 2024

4. TANGIBLE FIXED ASSETS
Plant and Motor Computer
machinery vehicles equipment Totals
£    £    £    £   
COST
At 1 June 2023 168,117 83,140 1,133 252,390
Additions 1,685 19,990 - 21,675
Disposals - (13,100 ) - (13,100 )
At 31 May 2024 169,802 90,030 1,133 260,965
DEPRECIATION
At 1 June 2023 85,731 65,672 1,133 152,536
Charge for year 16,768 9,213 - 25,981
Eliminated on disposal - (12,496 ) - (12,496 )
At 31 May 2024 102,499 62,389 1,133 166,021
NET BOOK VALUE
At 31 May 2024 67,303 27,641 - 94,944
At 31 May 2023 82,386 17,468 - 99,854

The net book value of tangible fixed assets includes £ 33,320 (2023 - £ 41,650 ) in respect of assets held under hire purchase contracts.

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 1,699 11,714
Other debtors 58,093 55,109
59,792 66,823

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Hire purchase contracts 1,625 9,750
Trade creditors 1,790 1,658
Taxation and social security 41,782 21,713
Other creditors 6,463 1,107
51,660 34,228

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2024 2023
£    £   
Hire purchase contracts - 1,625

B DOWLING LIMITED (REGISTERED NUMBER: 04738209)

Notes to the Financial Statements - continued
for the year ended 31 MAY 2024

8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £    £   
4 Ordinary £1 4 4