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REGISTERED NUMBER: 05983403 (England and Wales)















Bowmain Securities Limited

Unaudited Financial Statements for the Year Ended 30 April 2024






Bowmain Securities Limited (Registered number: 05983403)






Contents of the Financial Statements
for the Year Ended 30 April 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


Bowmain Securities Limited

Company Information
for the Year Ended 30 April 2024







DIRECTORS: J A Fawcett
Mrs A E Fawcett





SECRETARY: Mrs A E Fawcett





REGISTERED OFFICE: Drews Farm
Forestside
Rowlands Castle
West Sussex
PO9 6EH





REGISTERED NUMBER: 05983403 (England and Wales)





ACCOUNTANTS: Hughes Waddell
The White House
2 Meadrow
Godalming
Surrey
GU7 3HN

Bowmain Securities Limited (Registered number: 05983403)

Balance Sheet
30 April 2024

30.4.24 30.4.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 64,822 85,160

CURRENT ASSETS
Debtors 5 742 683
Cash at bank 52,005 37,194
52,747 37,877
CREDITORS
Amounts falling due within one year 6 128,038 129,917
NET CURRENT LIABILITIES (75,291 ) (92,040 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

(10,469

)

(6,880

)

PROVISIONS FOR LIABILITIES 12,316 16,180
NET LIABILITIES (22,785 ) (23,060 )

CAPITAL AND RESERVES
Called up share capital 2 2
Retained earnings (22,787 ) (23,062 )
SHAREHOLDERS' FUNDS (22,785 ) (23,060 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2024.

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

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 Board of Directors and authorised for issue on 31 January 2025 and were signed on its behalf by:



J A Fawcett - Director


Bowmain Securities Limited (Registered number: 05983403)

Notes to the Financial Statements
for the Year Ended 30 April 2024

1. STATUTORY INFORMATION

Bowmain Securities 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. 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.

The directors confirm they will continue to financially support the company for the foreseeable future and, therefore, the going concern basis of preparation is appropriate.

Turnover
Turnover represents income due in respect of services performed during the year net of 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 - 20% on reducing balance

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.

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.

Going concern
The financial statements have been prepared on a going concern basis. The directors anticipate that future levels of business will be profitable and they will continue to provide funds to meet the company's day to day running expenses as required.

Bowmain Securities Limited (Registered number: 05983403)

Notes to the Financial Statements - continued
for the Year Ended 30 April 2024

3. EMPLOYEES AND DIRECTORS

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

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 May 2023 132,914
Disposals (6,458 )
At 30 April 2024 126,456
DEPRECIATION
At 1 May 2023 47,754
Charge for year 16,205
Eliminated on disposal (2,325 )
At 30 April 2024 61,634
NET BOOK VALUE
At 30 April 2024 64,822
At 30 April 2023 85,160

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.4.24 30.4.23
£    £   
Other debtors 742 683

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.4.24 30.4.23
£    £   
Trade creditors - 75
Other creditors 128,038 129,842
128,038 129,917