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Company Registration No. 7290146 (England and Wales)
Bow Windows Bookshop Limited Unaudited accounts for the year ended 31 August 2024
Bow Windows Bookshop Limited Unaudited accounts Contents
Page
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Bow Windows Bookshop Limited Company Information for the year ended 31 August 2024
Directors
R J Latham J R Menezes
Company Number
7290146 (England and Wales)
Registered Office
1 West Street Lewes East Sussex BN7 2NZ
Accountants
Maxwell-Gumbleton & Co. 1 West Street Lewes East Sussex BN7 2NZ
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Bow Windows Bookshop Limited Statement of financial position as at 31 August 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Intangible assets
1 
1 
Tangible assets
993 
1,242 
994 
1,243 
Current assets
Inventories
373,495 
369,429 
Debtors
7,306 
6,297 
Cash at bank and in hand
53,538 
67,340 
434,339 
443,066 
Creditors: amounts falling due within one year
(20,995)
(28,197)
Net current assets
413,344 
414,869 
Total assets less current liabilities
414,338 
416,112 
Creditors: amounts falling due after more than one year
(77,000)
(77,000)
Net assets
337,338 
339,112 
Capital and reserves
Called up share capital
2 
2 
Profit and loss account
337,336 
339,110 
Shareholders' funds
337,338 
339,112 
For the year ending 31 August 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered 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 profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 11 October 2024 and were signed on its behalf by
R J Latham Director Company Registration No. 7290146
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Bow Windows Bookshop Limited Notes to the Accounts for the year ended 31 August 2024
1
Statutory information
Bow Windows Bookshop Limited is a private company, limited by shares, registered in England and Wales, registration number 7290146. The registered office is 1 West Street, Lewes, East Sussex, BN7 2NZ.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Fixtures & fittings
20% reducing balance
Intangible fixed assets
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
Government grants
Government grants in relation to tangible fixed assets are credited to profit and loss account over the useful lives of the related assets, whereas those in relation to expenditure are credited when the expenditure is charged to profit and loss.
Pension costs
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
Financial instruments
Basic financial instruments are recognised at amortised cost, except for investments in non-convertible preference and non-puttable ordinary shares which are measured at fair value, with changes recognised in profit or loss. Derivative financial instruments are initially recorded at cost and thereafter at fair value with changes recognised in profit or loss.
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Bow Windows Bookshop Limited Notes to the Accounts for the year ended 31 August 2024
4
Intangible fixed assets
Goodwill 
£ 
Cost
At 1 September 2023
188,000 
At 31 August 2024
188,000 
Amortisation
At 1 September 2023
187,999 
At 31 August 2024
187,999 
Net book value
At 31 August 2024
1 
At 31 August 2023
1 
5
Tangible fixed assets
Fixtures & fittings 
£ 
Cost or valuation
At cost 
At 1 September 2023
22,000 
At 31 August 2024
22,000 
Depreciation
At 1 September 2023
20,758 
Charge for the year
249 
At 31 August 2024
21,007 
Net book value
At 31 August 2024
993 
At 31 August 2023
1,242 
6
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
1,804 
1,556 
Accrued income and prepayments
4,320 
4,190 
Other debtors
1,182 
551 
7,306 
6,297 
7
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Taxes and social security
14,971 
22,893 
Other creditors
2,023 
2,023 
Loans from directors
2,529 
1,809 
Accruals
1,472 
1,472 
20,995 
28,197 
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Bow Windows Bookshop Limited Notes to the Accounts for the year ended 31 August 2024
8
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Other creditors
77,000 
77,000 
9
Share capital
2024 
2023 
£ 
£ 
Allotted, called up and fully paid:
2 Ordinary shares of £1 each
2 
2 
10
Average number of employees
During the year the average number of employees was 2 (2023: 2).
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