Company Registration No. 07573334 (England and Wales)
Bow Tie Construction Ltd
Unaudited accounts
for the year ended 31 March 2024
Bow Tie Construction Ltd
Unaudited accounts
Contents
Bow Tie Construction Ltd
Company Information
for the year ended 31 March 2024
Director
Magdalena A Delimata
Secretary
Magdalena Delimata
Company Number
07573334 (England and Wales)
Registered Office
Unit 1 Clivedon Office Village
Lancaster Road
Cressex Business Park, High Wycombe
Buckinghamshire
HP12 3YZ
Accountants
Beyond Numbers Ltd
16 Copper Ridge
Chalfont St Peter
Bucks
SL9 0NF
Bow Tie Construction Ltd
Statement of financial position
as at 31 March 2024
Tangible assets
27,935
36,003
Cash at bank and in hand
33,414
166,437
Creditors: amounts falling due within one year
(165,341)
(329,209)
Net current assets
229,458
348,286
Total assets less current liabilities
257,393
384,289
Creditors: amounts falling due after more than one year
(12,500)
(51,583)
Provisions for liabilities
Deferred tax
(5,307)
(6,841)
Net assets
239,586
325,865
Called up share capital
80
80
Profit and loss account
239,506
325,785
Shareholders' funds
239,586
325,865
For the year ending 31 March 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 director acknowledges her 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 and authorised for issue on 27 November 2024 and were signed on its behalf by
Magdalena A Delimata
Director
Company Registration No. 07573334
Bow Tie Construction Ltd
Notes to the Accounts
for the year ended 31 March 2024
Bow Tie Construction Ltd is a private company, limited by shares, registered in England and Wales, registration number 07573334. The registered office is Unit 1 Clivedon Office Village, Lancaster Road, Cressex Business Park, High Wycombe, Buckinghamshire, HP12 3YZ.
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
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:
Plant & machinery
Straight line over 4 years
Motor vehicles
Straight line over 4 years
Fixtures & fittings
Straight line over 4 years
Computer equipment
Straight line over 3 years
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At cost
At 1 April 2023
81,652
56,011
9,905
32,332
179,900
Additions
-
14,388
-
808
15,196
Disposals
-
(3,499)
-
(3,901)
(7,400)
At 31 March 2024
81,652
66,900
9,905
29,239
187,696
At 1 April 2023
75,759
33,180
9,286
25,672
143,897
Charge for the year
4,006
9,789
419
3,827
18,041
On disposals
-
(1,093)
-
(1,084)
(2,177)
At 31 March 2024
79,765
41,876
9,705
28,415
159,761
At 31 March 2024
1,887
25,024
200
824
27,935
At 31 March 2023
5,893
22,831
619
6,660
36,003
Bow Tie Construction Ltd
Notes to the Accounts
for the year ended 31 March 2024
Amounts falling due within one year
Trade debtors
51,592
208,371
Accrued income and prepayments
291,103
257,099
Other debtors
6,665
32,633
6
Creditors: amounts falling due within one year
2024
2023
Bank loans and overdrafts
49,091
51,438
Trade creditors
38,006
88,863
Taxes and social security
6,137
20,883
Other creditors
27,858
29,031
Loans from directors
3,677
27,832
7
Creditors: amounts falling due after more than one year
2024
2023
Brought
Forward
Advance/
credit
Repaid
Carried
Forward
9
Average number of employees
During the year the average number of employees was 8 (2023: 11).