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REGISTERED NUMBER: 03496379 (England and Wales)













Financial Statements for the Year Ended 28 February 2025

for

Bowman Stor Limited

Bowman Stor Limited (Registered number: 03496379)






Contents of the Financial Statements
for the Year Ended 28 February 2025




Page

Company Information 1

Chartered Accountants' Report 2

Balance Sheet 3

Notes to the Financial Statements 5


Bowman Stor Limited

Company Information
for the Year Ended 28 February 2025







DIRECTORS: R Potts
S Rooke
M L Potts





REGISTERED OFFICE: Unit 25 Maybrook Road
Walsall
West Midlands
WS8 7DG





REGISTERED NUMBER: 03496379 (England and Wales)





ACCOUNTANTS: Wilkes Tranter & Co Limited
Brook House
Moss Grove
Kingswinford
West Midlands
DY6 9HS

Chartered Accountants' Report to the Board of Directors
on the Unaudited Financial Statements of
Bowman Stor Limited

The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Directors' Report are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Bowman Stor Limited for the year ended 28 February 2025 which comprise the Profit and Loss Account, Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the Board of Directors of Bowman Stor Limited, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Bowman Stor Limited and state those matters that we have agreed to state to the Board of Directors of Bowman Stor Limited, as a body, in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Bowman Stor Limited and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that Bowman Stor Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Bowman Stor Limited. You consider that Bowman Stor Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Bowman Stor Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.






Wilkes Tranter & Co Limited
Brook House
Moss Grove
Kingswinford
West Midlands
DY6 9HS


8 April 2025

Bowman Stor Limited (Registered number: 03496379)

Balance Sheet
28 February 2025

2025 2024
Notes £    £   
FIXED ASSETS
Tangible assets 4 194,296 134,869

CURRENT ASSETS
Stocks 429,801 444,611
Debtors 5 4,160,432 3,968,840
Cash at bank 711,673 544,140
5,301,906 4,957,591
CREDITORS
Amounts falling due within one year 6 (611,921 ) (511,541 )
NET CURRENT ASSETS 4,689,985 4,446,050
TOTAL ASSETS LESS CURRENT
LIABILITIES

4,884,281

4,580,919

PROVISIONS FOR LIABILITIES (47,821 ) (31,959 )
NET ASSETS 4,836,460 4,548,960

CAPITAL AND RESERVES
Called up share capital 160 160
Retained earnings 4,836,300 4,548,800
4,836,460 4,548,960

Bowman Stor Limited (Registered number: 03496379)

Balance Sheet - continued
28 February 2025


The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28 February 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 28 February 2025 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 Profit and Loss Account has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 8 April 2025 and were signed on its behalf by:





R Potts - Director


Bowman Stor Limited (Registered number: 03496379)

Notes to the Financial Statements
for the Year Ended 28 February 2025

1. STATUTORY INFORMATION

Bowman Stor 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.
Leasehold improvements - 3 years straight line
Plant and machinery - 25% on reducing balance
Fixtures and fittings - Straight line over 3 years and 25% on reducing balance

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Profit and Loss Account, 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.

Bowman Stor Limited (Registered number: 03496379)

Notes to the Financial Statements - continued
for the Year Ended 28 February 2025

2. ACCOUNTING POLICIES - continued

Research and development
Expenditure on research and development is written off in the year in which it is incurred.


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.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 20 (2024 - 20 ) .

4. TANGIBLE FIXED ASSETS
Fixtures
Leasehold Plant and and
improvements machinery fittings Totals
£    £    £    £   
COST
At 1 March 2024 39,702 623,625 152,055 815,382
Additions 85,511 18,087 3,876 107,474
Disposals - (738 ) - (738 )
At 28 February 2025 125,213 640,974 155,931 922,118
DEPRECIATION
At 1 March 2024 31,814 528,802 119,897 680,513
Charge for year 9,092 26,771 12,147 48,010
Eliminated on disposal - (701 ) - (701 )
At 28 February 2025 40,906 554,872 132,044 727,822
NET BOOK VALUE
At 28 February 2025 84,307 86,102 23,887 194,296
At 29 February 2024 7,888 94,823 32,158 134,869

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2024
£    £   
Trade debtors 645,021 553,944
Amounts owed by group undertakings 3,355,979 3,274,798
Other debtors 159,432 140,098
4,160,432 3,968,840

Bowman Stor Limited (Registered number: 03496379)

Notes to the Financial Statements - continued
for the Year Ended 28 February 2025

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2024
£    £   
Trade creditors 282,563 270,784
Taxation and social security 233,569 167,147
Other creditors 95,789 73,610
611,921 511,541