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REGISTERED NUMBER: 07890047 (England and Wales)











UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED

30TH SEPTEMBER 2023

FOR

BOWSON LEEWAY HOMES LIMITED

BOWSON LEEWAY HOMES LIMITED (REGISTERED NUMBER: 07890047)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30TH SEPTEMBER 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


BOWSON LEEWAY HOMES LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 30TH SEPTEMBER 2023







DIRECTORS: O L Wigg
B L Wigg





REGISTERED OFFICE: 11 Brookfield Road
Sawston
Cambridgeshire
CB22 3EH





REGISTERED NUMBER: 07890047 (England and Wales)





ACCOUNTANTS: Thompson Taraz Rand Ltd
Chartered Accountants
10 Jesus Lane
Cambridge
Cambridgeshire
CB5 8BA

BOWSON LEEWAY HOMES LIMITED (REGISTERED NUMBER: 07890047)

BALANCE SHEET
30TH SEPTEMBER 2023

2023 2022
Notes £    £   
FIXED ASSETS
Tangible assets 5 9,041 12,842

CURRENT ASSETS
Stocks 2,242,928 3,727,669
Debtors 6 569,747 251,975
Cash at bank 81,858 241,151
2,894,533 4,220,795
CREDITORS
Amounts falling due within one year 7 (342,218 ) (532,078 )
NET CURRENT ASSETS 2,552,315 3,688,717
TOTAL ASSETS LESS CURRENT LIABILITIES 2,561,356 3,701,559

CREDITORS
Amounts falling due after more than one year 8 (2,139,852 ) (3,281,954 )

PROVISIONS FOR LIABILITIES 10 (1,718 ) (2,440 )
NET ASSETS 419,786 417,165

CAPITAL AND RESERVES
Called up share capital 11 100 100
Share premium 735,000 735,000
Retained earnings (315,314 ) (317,935 )
SHAREHOLDERS' FUNDS 419,786 417,165

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30th September 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 30th September 2023 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.

BOWSON LEEWAY HOMES LIMITED (REGISTERED NUMBER: 07890047)

BALANCE SHEET - continued
30TH SEPTEMBER 2023


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 Profit and loss account has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 27th November 2024 and were signed on its behalf by:





O L Wigg - Director


BOWSON LEEWAY HOMES LIMITED (REGISTERED NUMBER: 07890047)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30TH SEPTEMBER 2023

1. STATUTORY INFORMATION

Bowson Leeway Homes 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.

The presentation currency of the financial statements is the Pound Sterling (£).


2. STATEMENT OF COMPLIANCE

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.

3. ACCOUNTING POLICIES

Basis of preparing the financial statements
The financial statements have been prepared under the historical cost convention.

Turnover
Turnover represents property sales and renovation work, excluding value added tax.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery etc - 25% on cost

Stocks
Stocks and work in progress are valued at the lower of cost and net realiasble value.

Costs include all purchases and handling costs in bringing the development to their present condition

Financial instruments
Basic financial assets and basic financial liabilities as defined under section 11 of FRS 102, including trade and other debtors, trade and other creditors, cash and bank balances and investments in commercial paper, are initially recognised at transaction price, unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest.

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.

4. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 5 (2022 - 5 ) .

BOWSON LEEWAY HOMES LIMITED (REGISTERED NUMBER: 07890047)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30TH SEPTEMBER 2023

5. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1st October 2022 139,972
Additions 1,600
At 30th September 2023 141,572
DEPRECIATION
At 1st October 2022 127,130
Charge for year 5,401
At 30th September 2023 132,531
NET BOOK VALUE
At 30th September 2023 9,041
At 30th September 2022 12,842

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors - 50
Amounts owed by associates 376,922 -
Other debtors 192,825 251,925
569,747 251,975

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Bank loans and overdrafts 9,582 9,852
Trade creditors 76,807 60,060
Amounts owed to group undertakings 97,969 318,560
Amounts owed to associates 49,604 -
Taxation and social security 31,695 44,632
Other creditors 76,561 98,974
342,218 532,078

BOWSON LEEWAY HOMES LIMITED (REGISTERED NUMBER: 07890047)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30TH SEPTEMBER 2023

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2023 2022
£    £   
Bank loans 17,807 27,389
Other creditors 2,122,045 3,254,565
2,139,852 3,281,954

Amounts falling due in more than five years:

Repayable by instalments
Other loans more 5yrs instal 385,884 688,448

9. SECURED DEBTS

The following secured debts are included within creditors:

2023 2022
£    £   
Investor Loan - 165,000

Other loans comprise of investor loans by way of a fixed charge over the property in development

10. PROVISIONS FOR LIABILITIES
2023 2022
£    £   
Deferred tax 1,718 2,440

Deferred
tax
£   
Balance at 1st October 2022 2,440
Provided during year (722 )
Balance at 30th September 2023 1,718

11. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2023 2022
value: £    £   
100 Ordinary £1 100 100