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Company Registration No. 10686928 (England and Wales)
Bower & Jones Housing and Development Ltd Unaudited accounts for the year ended 31 August 2024
Bower & Jones Housing and Development Ltd Unaudited accounts Contents
Page
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Bower & Jones Housing and Development Ltd Company Information for the year ended 31 August 2024
Director
Richard Jones
Company Number
10686928 (England and Wales)
Registered Office
BARTON HOUSE HARTWELL ROAD WROXHAM NORWICH NORFOLK NR12 8TL ENGLAND
Accountants
Accounting Associates Norwich Ltd 19 Hartwell Road Wroxham Norwich Norfolk NR12 8TL
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Bower & Jones Housing and Development Ltd Statement of financial position as at 31 August 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
2,099 
1,743 
Investment property
305,500 
305,500 
307,599 
307,243 
Current assets
Debtors
302 
288 
Cash at bank and in hand
993 
600 
1,295 
888 
Creditors: amounts falling due within one year
(1,857)
(1,512)
Net current liabilities
(562)
(624)
Total assets less current liabilities
307,037 
306,619 
Creditors: amounts falling due after more than one year
(291,353)
(296,597)
Provisions for liabilities
Deferred tax
(10,910)
(9,249)
Net assets
4,774 
773 
Capital and reserves
Called up share capital
202 
202 
Profit and loss account
4,572 
571 
Shareholders' funds
4,774 
773 
For the year ending 31 August 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 his 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 28 April 2025 and were signed on its behalf by
Richard Jones Director Company Registration No. 10686928
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Bower & Jones Housing and Development Ltd Notes to the Accounts for the year ended 31 August 2024
1
Statutory information
Bower & Jones Housing and Development Ltd is a private company, limited by shares, registered in England and Wales, registration number 10686928. The registered office is BARTON HOUSE HARTWELL ROAD, WROXHAM, NORWICH, NORFOLK, NR12 8TL, ENGLAND.
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
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
25% reducing balance
Fixtures & fittings
20% reducing balance
Investment property
Investment property is included at market fair value. Gains are recognised in the income statement. Deferred taxation is provided on these gains at the rate expected to apply when the property is sold.
Deferred taxation
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws. Deferred tax assets and liabilities are not discounted.
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Bower & Jones Housing and Development Ltd Notes to the Accounts for the year ended 31 August 2024
4
Tangible fixed assets
Plant & machinery 
Fixtures & fittings 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 September 2023
2,286 
317 
2,603 
Additions
1,050 
- 
1,050 
At 31 August 2024
3,336 
317 
3,653 
Depreciation
At 1 September 2023
631 
229 
860 
Charge for the year
677 
17 
694 
At 31 August 2024
1,308 
246 
1,554 
Net book value
At 31 August 2024
2,028 
71 
2,099 
At 31 August 2023
1,655 
88 
1,743 
5
Investment property
2024 
£ 
Fair value at 1 September 2023
305,500 
At 31 August 2024
305,500 
Investment property was valued on an open market basis on 31 August 2024 by the directors.
6
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Accrued income and prepayments
302 
288 
7
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Trade creditors
54 
213 
Accruals
1,803 
1,299 
1,857 
1,512 
8
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
121,219 
176,228 
Loans from directors
170,134 
120,369 
291,353 
296,597 
Aggregate of amounts that fall due for payment after five years
291,353 
295,495 
Investment property is held as security against the above bank loans.
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Bower & Jones Housing and Development Ltd Notes to the Accounts for the year ended 31 August 2024
9
Average number of employees
During the year the average number of employees was 2 (2023: 2).
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