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REGISTERED NUMBER: 14239721 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 May 2024

for

R Bowen Limited

R Bowen Limited (Registered number: 14239721)






Contents of the Financial Statements
for the Year Ended 31 May 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


R Bowen Limited

Company Information
for the Year Ended 31 May 2024







DIRECTOR: R Bowen





REGISTERED OFFICE: Woodcote Manor Farm
Kidderminster Road
Bromsgrove
Worcestershire
B61 9DY





REGISTERED NUMBER: 14239721 (England and Wales)





ACCOUNTANTS: Julia Biddle FCCA
J S Biddle Accounting Ltd
Greystone Cottage
Church Bank
Temple Grafton
Warwickshire
B49 6NU

R Bowen Limited (Registered number: 14239721)

Balance Sheet
31 May 2024

31.5.24 31.5.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 964,812 757,613

CURRENT ASSETS
Debtors 5 45,503 71,977
Cash at bank (45,566 ) 4,707
(63 ) 76,684
CREDITORS
Amounts falling due within one year 6 167,719 136,190
NET CURRENT LIABILITIES (167,782 ) (59,506 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

797,030

698,107

CREDITORS
Amounts falling due after more than one year 7 165,856 86,600
NET ASSETS 631,174 611,507

CAPITAL AND RESERVES
Called up share capital 100 100
Revaluation reserve 8 501,110 501,110
Retained earnings 129,964 110,297
SHAREHOLDERS' FUNDS 631,174 611,507

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 May 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 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.

R Bowen Limited (Registered number: 14239721)

Balance Sheet - continued
31 May 2024


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 24 February 2025 and were signed by:





R Bowen - Director


R Bowen Limited (Registered number: 14239721)

Notes to the Financial Statements
for the Year Ended 31 May 2024

1. STATUTORY INFORMATION

R Bowen 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 - 20% on cost

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.

3. EMPLOYEES AND DIRECTORS

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

R Bowen Limited (Registered number: 14239721)

Notes to the Financial Statements - continued
for the Year Ended 31 May 2024

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 June 2023 904,860
Additions 459,892
Disposals (69,218 )
At 31 May 2024 1,295,534
DEPRECIATION
At 1 June 2023 147,247
Charge for year 197,225
Eliminated on disposal (13,750 )
At 31 May 2024 330,722
NET BOOK VALUE
At 31 May 2024 964,812
At 31 May 2023 757,613

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.5.24 31.5.23
£    £   
Amounts owed by associates 45,403 71,877
Other debtors 100 100
45,503 71,977

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.5.24 31.5.23
£    £   
Finance leases 88,492 71,459
Trade creditors 13,394 7,993
Taxation and social security 4,786 21,831
Other creditors 61,047 34,907
167,719 136,190

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.5.24 31.5.23
£    £   
Finance leases 165,856 86,600

R Bowen Limited (Registered number: 14239721)

Notes to the Financial Statements - continued
for the Year Ended 31 May 2024

8. RESERVES
Revaluation
reserve
£   
At 1 June 2023
and 31 May 2024 501,110