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REGISTERED NUMBER: 03953445 (England and Wales)















Unaudited Financial Statements for the Year Ended 28 January 2024

for

Gj Bowmer (Waste Disposal) Ltd

Gj Bowmer (Waste Disposal) Ltd (Registered number: 03953445)






Contents of the Financial Statements
for the Year Ended 28 January 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4

Chartered Certified Accountants' Report 8

Gj Bowmer (Waste Disposal) Ltd

Company Information
for the Year Ended 28 January 2024







DIRECTOR: G J Bowmer





SECRETARY: Mrs S P Bowmer





REGISTERED OFFICE: Fairview
Magpie Lane
Little Warley
Brentwood
Essex
CM13 3DT





REGISTERED NUMBER: 03953445 (England and Wales)





ACCOUNTANTS: Elliot J Jenkins Associates Ltd
14 Butts Paddock
Canewdon
Essex
SS4 3QT

Gj Bowmer (Waste Disposal) Ltd (Registered number: 03953445)

Balance Sheet
28 January 2024

28.1.24 28.1.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 1,310,663 1,071,177

CURRENT ASSETS
Stocks 125,513 156,963
Debtors 5 631,987 529,569
Cash and cash equivalents 32,935 68,389
790,435 754,921
CREDITORS
Amounts falling due within one year 6 1,306,447 1,100,098
NET CURRENT LIABILITIES (516,012 ) (345,177 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

794,651

726,000

CREDITORS
Amounts falling due after more than one year 7 501,168 326,958
NET ASSETS 293,483 399,042

CAPITAL AND RESERVES
Called up share capital 5,000 5,000
Retained earnings 288,483 394,042
SHAREHOLDERS' FUNDS 293,483 399,042

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28 January 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 28 January 2024 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.

Gj Bowmer (Waste Disposal) Ltd (Registered number: 03953445)

Balance Sheet - continued
28 January 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 director and authorised for issue on 25 October 2024 and were signed by:





G J Bowmer - Director


Gj Bowmer (Waste Disposal) Ltd (Registered number: 03953445)

Notes to the Financial Statements
for the Year Ended 28 January 2024

1. STATUTORY INFORMATION

Gj Bowmer (Waste Disposal) 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.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Leasehold improvements - 2% straight line
Plant and machinery - 20% reducing balance
Fixtures and fitting - 15% reducing balance
Motor vehicles - 10% straight line

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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.

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.

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.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

Gj Bowmer (Waste Disposal) Ltd (Registered number: 03953445)

Notes to the Financial Statements - continued
for the Year Ended 28 January 2024

2. ACCOUNTING POLICIES - continued

Revenue
Revenue is recognised to the extent that it is probable that the economic benefits will flow to the Compnay and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration recieved or recievable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before revenue is recognised;

Rendering of services

Revenue from a contract to provide services is recognised in the period in which the services are provided in accordance with the stage of completion of the contract when all of the following conditions are satisfied:

1) the amount of revenue can be measured reliably;
2) it is probable, that the Company will recieve the consideration due under the contract;
3) the stage of completion of the contract at the end of the reporting period can be measured reliably; and
4) the costs incurred and the costs to complete the contract can be measured reliably.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 16 (2023 - 20 ) .

4. TANGIBLE FIXED ASSETS
Improvements Fixtures
to Plant and and Motor
property machinery fittings vehicles Totals
£    £    £    £    £   
COST
At 29 January 2023 16,016 665,223 41,933 2,154,328 2,877,500
Additions - 48,210 - 435,573 483,783
Disposals - - - (87,728 ) (87,728 )
At 28 January 2024 16,016 713,433 41,933 2,502,173 3,273,555
DEPRECIATION
At 29 January 2023 2,080 574,749 41,803 1,187,691 1,806,323
Charge for year 321 27,737 130 166,843 195,031
Eliminated on disposal - - - (38,462 ) (38,462 )
At 28 January 2024 2,401 602,486 41,933 1,316,072 1,962,892
NET BOOK VALUE
At 28 January 2024 13,615 110,947 - 1,186,101 1,310,663
At 28 January 2023 13,936 90,474 130 966,637 1,071,177

Gj Bowmer (Waste Disposal) Ltd (Registered number: 03953445)

Notes to the Financial Statements - continued
for the Year Ended 28 January 2024

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
28.1.24 28.1.23
£    £   
Trade debtors 628,987 516,296
Other debtors 3,000 -
Prepayments and accrued income - 13,273
631,987 529,569

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
28.1.24 28.1.23
£    £   
Bank loans and overdrafts (see note 8) 9,990 9,990
Other loans (see note 8) 448,278 349,046
Trade creditors 307,377 260,264
Tax 22,250 22,250
Social security and other taxes 99,345 156,975
VAT 56,521 20,715
Other creditors 138,828 122,859
Accruals and deferred income 35,292 2,000
Hire purchase finance 188,566 155,999
1,306,447 1,100,098

The bank loans and overdraft are secured by debenture over the company's assets.

The invoice discounting liability is secured on the trade debtors of the company.

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
28.1.24 28.1.23
£    £   
Bank loans (see note 8) 14,055 23,946
Hire purchase finance 487,113 303,012
501,168 326,958

The bank loans and overdraft are secured by debenture over the company's assets.

The invoice discounting liability is secured on the trade debtors of the company.

Gj Bowmer (Waste Disposal) Ltd (Registered number: 03953445)

Notes to the Financial Statements - continued
for the Year Ended 28 January 2024

8. LOANS

An analysis of the maturity of loans is given below:

28.1.24 28.1.23
£    £   
Amounts falling due within one year or on demand:
Bank loans 9,990 9,990
Invoice discounting liability 448,278 349,046
458,268 359,036

Amounts falling due between one and two years:
Bank loans - 1-2 years 14,055 23,946

9. PENSION COMMITMENTS

The company operates a defined contribution scheme in respect of certain employees. The scheme and its assets are held by independent managers. The pension charge represents contributions due from the company and amounted to £5324 (2023 - £6425). Contributions totalling £618 (2023 - £602) were payable to the fund at the balance sheet date and included in other creditors.

10. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the year ended 28 January 2024 and the period ended 28 January 2023:

28.1.24 28.1.23
£    £   
G J Bowmer
Balance outstanding at start of year 1,517 1,517
Amounts repaid - -
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 1,517 1,517

11. ULTIMATE CONTROLLING PARTY

The ultimate controlling party is G J Bowmer.

Chartered Certified Accountants' Report to the Director
on the Unaudited Financial Statements of
Gj Bowmer (Waste Disposal) Ltd

The following reproduces the text of the report prepared for the director 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 Director 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 Gj Bowmer (Waste Disposal) Ltd for the year ended 28 January 2024 which comprise the Statement of Income and Retained Earnings, 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 Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at http://www.accaglobal.com/rulebook.

This report is made solely to the director of Gj Bowmer (Waste Disposal) Ltd in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Gj Bowmer (Waste Disposal) Ltd and state those matters that we have agreed to state to the director of Gj Bowmer (Waste Disposal) Ltd in this report in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at http://www.accaglobal.com/factsheet163. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and its director for our work or for this report.

It is your duty to ensure that Gj Bowmer (Waste Disposal) Ltd 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 loss of Gj Bowmer (Waste Disposal) Ltd. You consider that Gj Bowmer (Waste Disposal) Ltd 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 Gj Bowmer (Waste Disposal) Ltd. 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.






Elliot J Jenkins Associates Ltd
14 Butts Paddock
Canewdon
Essex
SS4 3QT


25 October 2024