IRIS Accounts Production v24.1.0.578 07897778 Board of Directors Board of Directors 1.2.23 31.1.24 31.1.24 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh078977782023-01-31078977782024-01-31078977782023-02-012024-01-31078977782022-01-31078977782022-02-012023-01-31078977782023-01-3107897778ns15:EnglandWales2023-02-012024-01-3107897778ns14:PoundSterling2023-02-012024-01-3107897778ns10:Director12023-02-012024-01-3107897778ns10:Director22023-02-012024-01-3107897778ns10:PrivateLimitedCompanyLtd2023-02-012024-01-3107897778ns10:SmallEntities2023-02-012024-01-3107897778ns10:AuditExempt-NoAccountantsReport2023-02-012024-01-3107897778ns10:SmallCompaniesRegimeForDirectorsReport2023-02-012024-01-3107897778ns10:SmallCompaniesRegimeForAccounts2023-02-012024-01-3107897778ns10:FullAccounts2023-02-012024-01-3107897778ns10:RegisteredOffice2023-02-012024-01-3107897778ns5:CurrentFinancialInstruments2024-01-3107897778ns5:CurrentFinancialInstruments2023-01-3107897778ns5:Non-currentFinancialInstruments2024-01-3107897778ns5:Non-currentFinancialInstruments2023-01-3107897778ns5:ShareCapital2024-01-3107897778ns5:ShareCapital2023-01-3107897778ns5:RetainedEarningsAccumulatedLosses2024-01-3107897778ns5:RetainedEarningsAccumulatedLosses2023-01-3107897778ns5:LeaseholdImprovements2023-02-012024-01-3107897778ns5:PlantMachinery2023-02-012024-01-3107897778ns5:FurnitureFittings2023-02-012024-01-3107897778ns5:MotorVehicles2023-02-012024-01-3107897778ns5:ComputerEquipment2023-02-012024-01-3107897778ns5:LeaseholdImprovements2023-01-3107897778ns5:PlantMachinery2023-01-3107897778ns5:FurnitureFittings2023-01-3107897778ns5:LeaseholdImprovements2024-01-3107897778ns5:PlantMachinery2024-01-3107897778ns5:FurnitureFittings2024-01-3107897778ns5:LeaseholdImprovements2023-01-3107897778ns5:PlantMachinery2023-01-3107897778ns5:FurnitureFittings2023-01-3107897778ns5:MotorVehicles2023-01-3107897778ns5:ComputerEquipment2023-01-3107897778ns5:MotorVehicles2024-01-3107897778ns5:ComputerEquipment2024-01-3107897778ns5:MotorVehicles2023-01-3107897778ns5:ComputerEquipment2023-01-3107897778ns5:CurrentFinancialInstrumentsns5:WithinOneYear2024-01-3107897778ns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-01-31
REGISTERED NUMBER: 07897778 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 January 2024

for

Bowden Digitec Ltd

Bowden Digitec Ltd (Registered number: 07897778)






Contents of the Financial Statements
for the Year Ended 31 January 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Bowden Digitec Ltd

Company Information
for the Year Ended 31 January 2024







DIRECTORS: Mrs S L Bowden
Mr K D Bowden





REGISTERED OFFICE: Unit 22, Church Road Business Centre
Church Road
Sittingbourne
Kent
ME10 3RS





REGISTERED NUMBER: 07897778 (England and Wales)





ACCOUNTANTS: Accsys Accountants Limited
Chartered Accountants
Trade Fair House
2 West Court
Enterprise Road
Maidstone
Kent
ME15 6JD

Bowden Digitec Ltd (Registered number: 07897778)

Balance Sheet
31 January 2024

31.1.24 31.1.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 57,601 71,277

CURRENT ASSETS
Debtors 5 113,974 108,441
Cash at bank and in hand 14,479 21,885
128,453 130,326
CREDITORS
Amounts falling due within one year 6 110,383 140,060
NET CURRENT ASSETS/(LIABILITIES) 18,070 (9,734 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

75,671

61,543

CREDITORS
Amounts falling due after more than one year 7 75,521 51,518
NET ASSETS 150 10,025

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 50 9,925
150 10,025

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

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

Bowden Digitec Ltd (Registered number: 07897778)

Balance Sheet - continued
31 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 Board of Directors and authorised for issue on 28 October 2024 and were signed on its behalf by:




Mr K D Bowden - Director



Mrs S L Bowden - Director


Bowden Digitec Ltd (Registered number: 07897778)

Notes to the Financial Statements
for the Year Ended 31 January 2024

1. STATUTORY INFORMATION

Bowden Digitec 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.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Improvements to property - 25% on reducing balance
Plant and machinery - 25% on reducing balance
Fixtures and fittings - 25% on reducing balance
Motor vehicles - 25% on reducing balance
Computer equipment - 33% on reducing balance

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2023 - 2 ) .

4. TANGIBLE FIXED ASSETS
Improvements Fixtures
to Plant and and
property machinery fittings
£    £    £   
COST
At 1 February 2023 2,910 6,139 898
Additions - - 5,710
Disposals - (292 ) -
At 31 January 2024 2,910 5,847 6,608
DEPRECIATION
At 1 February 2023 73 4,032 579
Charge for year 709 503 1,098
Eliminated on disposal - (199 ) -
At 31 January 2024 782 4,336 1,677
NET BOOK VALUE
At 31 January 2024 2,128 1,511 4,931
At 31 January 2023 2,837 2,107 319

Bowden Digitec Ltd (Registered number: 07897778)

Notes to the Financial Statements - continued
for the Year Ended 31 January 2024

4. TANGIBLE FIXED ASSETS - continued

Motor Computer
vehicles equipment Totals
£    £    £   
COST
At 1 February 2023 97,308 21,134 128,389
Additions - 784 6,494
Disposals (16,434 ) (13,575 ) (30,301 )
At 31 January 2024 80,874 8,343 104,582
DEPRECIATION
At 1 February 2023 33,045 19,383 57,112
Charge for year 15,809 629 18,748
Eliminated on disposal (15,407 ) (13,273 ) (28,879 )
At 31 January 2024 33,447 6,739 46,981
NET BOOK VALUE
At 31 January 2024 47,427 1,604 57,601
At 31 January 2023 64,263 1,751 71,277

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.1.24 31.1.23
£    £   
Trade debtors 46,488 59,596
Other debtors 67,486 48,845
113,974 108,441

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.1.24 31.1.23
£    £   
Bank loans and overdrafts 5,916 44,127
Hire purchase contracts 9,824 18,346
Trade creditors 27,825 38,731
Taxation and social security 55,772 36,524
Other creditors 11,046 2,332
110,383 140,060

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
31.1.24 31.1.23
£    £   
Bank loans 32,536 -
Hire purchase contracts 42,985 51,518
75,521 51,518