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REGISTERED NUMBER: 13940794 (England and Wales)




















BOWSER SUPPLY UK LIMITED

Unaudited Financial Statements

for the Year Ended 29 February 2024






BOWSER SUPPLY UK LIMITED (REGISTERED NUMBER: 13940794)






Contents of the Financial Statements
FOR THE YEAR ENDED 29 FEBRUARY 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


BOWSER SUPPLY UK LIMITED

Company Information
FOR THE YEAR ENDED 29 FEBRUARY 2024







DIRECTOR: Mr R J Marshall





REGISTERED OFFICE: Units 1 & 3 Overman Way
Agecroft Commerce Park
Swinton
Manchester
M27 8BQ





REGISTERED NUMBER: 13940794 (England and Wales)





ACCOUNTANTS: SCCA Limited T/a Stafford & Co
Chartered Accountants
3 The Studios
320 Chorley Old Road
Bolton
Lancashire
BL1 4JU

BOWSER SUPPLY UK LIMITED (REGISTERED NUMBER: 13940794)

Balance Sheet
29 FEBRUARY 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 8,867 11,667

CURRENT ASSETS
Stocks 120,000 120,000
Debtors 5 312,693 137,684
Cash at bank 1,021 8,330
433,714 266,014
CREDITORS
Amounts falling due within one year 6 574,390 308,773
NET CURRENT LIABILITIES (140,676 ) (42,759 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

(131,809

)

(31,092

)

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings (131,909 ) (31,192 )
(131,809 ) (31,092 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 29 February 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 29 February 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.

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 Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 30 November 2024 and were signed by:





Mr R J Marshall - Director


BOWSER SUPPLY UK LIMITED (REGISTERED NUMBER: 13940794)

Notes to the Financial Statements
FOR THE YEAR ENDED 29 FEBRUARY 2024

1. STATUTORY INFORMATION

Bowser Supply UK 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.
Plant and machinery etc - 25% 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 Income Statement, 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.

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 4 (2023 - NIL ) .

BOWSER SUPPLY UK LIMITED (REGISTERED NUMBER: 13940794)

Notes to the Financial Statements - continued
FOR THE YEAR ENDED 29 FEBRUARY 2024

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 March 2023
and 29 February 2024 14,000
DEPRECIATION
At 1 March 2023 2,333
Charge for year 2,800
At 29 February 2024 5,133
NET BOOK VALUE
At 29 February 2024 8,867
At 28 February 2023 11,667

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 21,898 45,252
Other debtors 290,795 92,432
312,693 137,684

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade creditors 4,832 65,036
Amounts owed to group undertakings 397,847 228,354
Taxation and social security 9,877 -
Other creditors 161,834 15,383
574,390 308,773

7. ULTIMATE CONTROLLING PARTY

The Ultimate Controlling Party is Mr R J Marshall, by virtue of their 100% shareholding in the parent company, Clear Cut Laser Engineering Ltd.