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REGISTERED NUMBER: 07910148 (England and Wales)















Unaudited Financial Statements for the Year Ended 28 February 2025

for

Bowen Bakeries Limited

Bowen Bakeries Limited (Registered number: 07910148)






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




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Bowen Bakeries Limited

Company Information
for the Year Ended 28 February 2025







DIRECTORS: V Bowen
P Bowen





REGISTERED OFFICE: Bowen Pies
Botany Brow
Chorley
Lancashire
PR6 0JN





REGISTERED NUMBER: 07910148 (England and Wales)





ACCOUNTANTS: M J Miller & Co. Ltd
Chartered Certified Accountants
56 Gidlow Lane
Gidlow
Wigan
Lancashire
WN6 7DP

Bowen Bakeries Limited (Registered number: 07910148)

Balance Sheet
28 February 2025

28.2.25 29.2.24
Notes £ £ £
FIXED ASSETS
Intangible assets 4 4,500 -
Tangible assets 5 417,593 276,551
422,093 276,551

CURRENT ASSETS
Stocks 41,891 44,221
Debtors 6 192,227 102,435
Cash at bank and in hand 43,551 68,323
277,669 214,979
CREDITORS
Amounts falling due within one year 7 177,000 112,246
NET CURRENT ASSETS 100,669 102,733
TOTAL ASSETS LESS CURRENT
LIABILITIES

522,762

379,284

CREDITORS
Amounts falling due after more than
one year

8

(117,863

)

(21,729

)

PROVISIONS FOR LIABILITIES (79,342 ) (52,544 )
NET ASSETS 325,557 305,011

Bowen Bakeries Limited (Registered number: 07910148)

Balance Sheet - continued
28 February 2025

28.2.25 29.2.24
Notes £ £ £
CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 325,457 304,911
SHAREHOLDERS' FUNDS 325,557 305,011

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 19 March 2025 and were signed on its behalf by:





V Bowen - Director


Bowen Bakeries Limited (Registered number: 07910148)

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

1. STATUTORY INFORMATION

Bowen Bakeries 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.

Goodwill
Goodwill is being amortised evenly over its estimated useful life of ten years.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

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 - 15% on reducing balance
Motor vehicles - 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.


Bowen Bakeries Limited (Registered number: 07910148)

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

2. ACCOUNTING POLICIES - continued
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 35 (2024 - 33 ) .

4. INTANGIBLE FIXED ASSETS
Goodwill
£
COST
Additions 5,000
At 28 February 2025 5,000
AMORTISATION
Charge for year 500
At 28 February 2025 500
NET BOOK VALUE
At 28 February 2025 4,500

Bowen Bakeries Limited (Registered number: 07910148)

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

5. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£
COST
At 1 March 2024 651,634
Additions 279,735
Disposals (40,250 )
At 28 February 2025 891,119
DEPRECIATION
At 1 March 2024 375,083
Charge for year 102,447
Eliminated on disposal (4,004 )
At 28 February 2025 473,526
NET BOOK VALUE
At 28 February 2025 417,593
At 29 February 2024 276,551

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
28.2.25 29.2.24
£ £
Trade debtors 116,208 77,503
Other debtors 76,019 24,932
192,227 102,435

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
28.2.25 29.2.24
£ £
Bank loans and overdrafts 10,000 10,000
Hire purchase contracts 47,346 6,000
Trade creditors 74,634 60,191
Taxation and social security 11,340 9,459
Other creditors 33,680 26,596
177,000 112,246

Bowen Bakeries Limited (Registered number: 07910148)

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

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN
ONE YEAR
28.2.25 29.2.24
£ £
Bank loans 541 10,729
Hire purchase contracts 117,322 11,000
117,863 21,729

9. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 28 February 2025 and 29 February 2024:

28.2.25 29.2.24
£ £
V Bowen and P Bowen
Balance outstanding at start of year - -
Amounts advanced 33,162 -
Amounts repaid - -
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 33,162 -

10. ULTIMATE CONTROLLING PARTY

The controlling party is V Bowen.

The ultimate controlling party is V Bowen.