Company Registration No. 12245135 (England and Wales)
Bowden Holdings Limited
Unaudited accounts
for the year ended 30 June 2024
Bowden Holdings Limited
Unaudited accounts
Contents
Bowden Holdings Limited
Company Information
for the year ended 30 June 2024
Directors
Mrs Ruth Ann Maker
Mr Grant William Maker
Company Number
12245135 (England and Wales)
Registered Office
Unit 1c
West Golds Park
Jetty Marsh Road
Newton Abbot
Devon
TQ12 2SL
England
Accountants
Mrs Catherine Flannery, FMAAT, FCCA, BSc (Hons)
South Devon Accounting Ltd
6 Orchard Close
Ogwell
Newton Abbot
TQ12 6AL
Bowden Holdings Limited
Statement of financial position
as at 30 June 2024
Investments
266,850
266,850
Creditors: amounts falling due within one year
(1,200)
(1,200)
Net current liabilities
(1,198)
(1,198)
Net assets
265,652
265,652
Called up share capital
652
652
Profit and loss account
265,000
265,000
Shareholders' funds
265,652
265,652
For the year ending 30 June 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 directors acknowledge their 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 of Directors and authorised for issue on 14 March 2025 and were signed on its behalf by
Mrs Ruth Ann Maker
Director
Company Registration No. 12245135
Bowden Holdings Limited
Notes to the Accounts
for the year ended 30 June 2024
Bowden Holdings Limited is a private company, limited by shares, registered in England and Wales, registration number 12245135. The registered office is Unit 1c, West Golds Park, Jetty Marsh Road, Newton Abbot, Devon, TQ12 2SL, England.
2
Compliance with accounting standards
These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.
The financial statements are prepared in sterling, which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £. The financial statements have been prepared under the historical cost convention, modified to include the revaluation of freehold properties and to include investment properties and certain financial instruments at fair value. The principal accounting policies adopted are set out below.
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.
Interests in subsidiaries, associates and jointly controlled entities are initially measured at cost and subsequently measured at cost less any accumulated impairment losses. The investments are assessed for impairment at each reporting date and any impairment losses or reversals of impairment losses are recognised immediately in profit or loss.
A subsidiary is an entity controlled by the company. Control is the power to govern the financial and operating policies of the entity so as to obtain benefits from its activities. An associate is an entity, being neither a subsidiary nor a joint venture, in which the company holds a longterm interest and where the company has significant influence. The company considers that it has significant influence where it has the power to participate in the financial and operating decisions of the associate.
Entities in which the company has a long term interest and shares control under a contractual arrangement are classified as jointly controlled entities.
Cash and cash equivalents
Cash and cash equivalents are basic financial assets and include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.
The company has elected to apply the provisions of Section 11 ‘Basic Financial Instruments’ and Section 12 ‘Other Financial Instruments Issues’ of FRS 102 to all of its financial instruments.
Financial instruments are recognised in the company's balance sheet when the company becomes party to the contractual provisions of the instrument. Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.
Bowden Holdings Limited
Notes to the Accounts
for the year ended 30 June 2024
4
Investments
Subsidiary undertakings
Valuation at 1 July 2023
266,850
Valuation at 30 June 2024
266,850
Amounts falling due within one year
6
Creditors: amounts falling due within one year
2024
2023
Other creditors
1,200
1,200
7
Average number of employees
During the year the average number of employees was 2 (2023: 2).