The Bowling Green Southam Limited

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—5

Registered number: 08205797

		2024		2023
	Notes	£	£	£	£
FIXED ASSETS
Intangible Assets	4		16,001		18,001
Tangible Assets	5		161,106		179,194

			177,107		197,195
CURRENT ASSETS
Stocks	6	13,377		12,660
Debtors	7	106,810		74,721
Cash at bank and in hand		356,436		339,881

		476,623		427,262
Creditors: Amounts Falling Due Within One Year	8	(111,476 )		(120,763 )

NET CURRENT ASSETS (LIABILITIES)			365,147		306,499

TOTAL ASSETS LESS CURRENT LIABILITIES			542,254		503,694

Creditors: Amounts Falling Due After More Than One Year	9		(26,516 )		(26,556 )

PROVISIONS FOR LIABILITIES
Deferred Taxation			(14,940 )		(19,962 )

NET ASSETS			500,798		457,176

CAPITAL AND RESERVES
Called up share capital	10		100		100
Profit and Loss Account			500,698		457,076

SHAREHOLDERS' FUNDS			500,798		457,176

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The Bowling Green Southam Limited

Balance Sheet (continued)

As At 30 September 2024

For the year ending 30 September 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.

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

On behalf of the board

Mr Mark CONNORS

Director

19/06/2025

The notes on pages 3 to 5 form part of these financial statements.

1. General Information

The Bowling Green Southam Limited is a private company, limited by shares, incorporated in England & Wales, registered number 08205797 . The registered office is The Bowling Green, Coventry Street, Southam, Warwickshire, CV47 0EP.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

2.2. Turnover

Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.

Sale of goods

Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.

Rendering of services

Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.

2.3. Intangible Fixed Assets and Amortisation - Goodwill

Goodwill is the difference between amounts paid on the acquisition of a business and the fair value of the separable net assets. It is amortised to profit and loss account over its estimated economic life of 20 years.

2.4. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Leasehold	5% straight line
Motor Vehicles	20% straight line
Fixtures & Fittings	20% reducing balance
Computer Equipment	20% straight line

2.5. Stocks and Work in Progress

Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.

2.6. Taxation

Income tax expense represents the sum of the tax currently payable and deferred tax.

The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.

Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.

...CONTINUED

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The Bowling Green Southam Limited

Notes to the Financial Statements (continued)

For The Year Ended 30 September 2024

2.6. Taxation - continued

Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and assets reflect the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.

Current and deferred tax are recognised in profit or loss for the year, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case current and deferred tax are recognised in other comprehensive income or directly in equity respectively.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 20 (2023: 18)

4. Intangible Assets

	Goodwill
	£
Cost
As at 1 October 2023	40,001

As at 30 September 2024	40,001

Amortisation
As at 1 October 2023	22,000
Provided during the period	2,000

As at 30 September 2024	24,000

Net Book Value
As at 30 September 2024	16,001

As at 1 October 2023	18,001

5. Tangible Assets

	Land & Property
	Leasehold	Motor Vehicles	Fixtures & Fittings	Computer Equipment	Total
	£	£	£	£	£
Cost
As at 1 October 2023	71,653	36,688	230,314	9,138	347,793
Additions	-	-	11,698	5,692	17,390

As at 30 September 2024	71,653	36,688	242,012	14,830	365,183

Depreciation
As at 1 October 2023	23,237	11,618	132,609	1,135	168,599
Provided during the period	1,985	7,338	23,590	2,565	35,478

As at 30 September 2024	25,222	18,956	156,199	3,700	204,077

Net Book Value
As at 30 September 2024	46,431	17,732	85,813	11,130	161,106

As at 1 October 2023	48,416	25,070	97,705	8,003	179,194

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The Bowling Green Southam Limited

Notes to the Financial Statements (continued)

For The Year Ended 30 September 2024

6. Stocks

	2024	2023
	£	£
Finished goods	13,377	12,660

7. Debtors

	2024	2023
	£	£
Due within one year
Prepayments and accrued income	20,830	17,630
Other debtors	16,002	5,344
Amounts owed by associates	69,978	51,747

	106,810	74,721

8. Creditors: Amounts Falling Due Within One Year

	2024	2023
	£	£
Trade creditors	52,583	56,073
Corporation tax	20,673	4,429
Other taxes and social security	8,847	5,410
VAT	12,955	26,710
Other creditors	-	2,100
Accruals and deferred income	16,418	26,041

	111,476	120,763

9. Creditors: Amounts Falling Due After More Than One Year

	2024	2023
	£	£
Directors loan account	26,516	26,556

10. Share Capital

	2024	2023
	£	£
Allotted, Called up and fully paid	100	100

11. Directors Advances, Credits and Guarantees

Dividends paid to directors

	2024	2023
	£	£
Mr Mark CONNORS	5,723	10,102

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