Acorah Software Products - Accounts Production 16.3.350 false true 31 March 2024 1 April 2023 true No description of principal activity 1 April 2024 31 March 2025 31 March 2025 02062976 Mr R Horlor Mr J Green Mr T Sullivan Mr R Horlor iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 02062976 2024-03-31 02062976 2025-03-31 02062976 2024-04-01 2025-03-31 02062976 frs-core:CurrentFinancialInstruments 2025-03-31 02062976 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2025-03-31 02062976 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2024-04-01 2025-03-31 02062976 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2024-03-31 02062976 frs-core:SharePremium 2025-03-31 02062976 frs-core:ShareCapital 2025-03-31 02062976 frs-core:RetainedEarningsAccumulatedLosses 2024-04-01 2025-03-31 02062976 frs-core:RetainedEarningsAccumulatedLosses 2025-03-31 02062976 frs-bus:PrivateLimitedCompanyLtd 2024-04-01 2025-03-31 02062976 frs-bus:FullAccounts 2024-04-01 2025-03-31 02062976 frs-bus:SmallEntities 2024-04-01 2025-03-31 02062976 frs-bus:AuditExemptWithAccountantsReport 2024-04-01 2025-03-31 02062976 frs-bus:SmallCompaniesRegimeForAccounts 2024-04-01 2025-03-31 02062976 frs-bus:SmallCompaniesRegimeForDirectorsReport 2024-04-01 2025-03-31 02062976 frs-bus:Director1 2024-04-01 2025-03-31 02062976 frs-bus:Director2 2024-04-01 2025-03-31 02062976 frs-bus:Director3 2024-04-01 2025-03-31 02062976 frs-bus:Director3 2025-03-31 02062976 frs-bus:Director4 2024-04-01 2025-03-31 02062976 frs-bus:Director4 2025-03-31 02062976 frs-bus:CompanySecretary1 2024-04-01 2025-03-31 02062976 frs-countries:EnglandWales 2024-04-01 2025-03-31 02062976 2023-03-31 02062976 2024-03-31 02062976 2023-04-01 2024-03-31 02062976 frs-core:CurrentFinancialInstruments 2024-03-31 02062976 frs-core:SharePremium 2023-03-31 02062976 frs-core:SharePremium 2024-03-31 02062976 frs-core:ShareCapital 2023-03-31 02062976 frs-core:ShareCapital 2024-03-31 02062976 frs-core:RetainedEarningsAccumulatedLosses 2023-04-01 2024-03-31 02062976 frs-core:RetainedEarningsAccumulatedLosses frs-core:PreviouslyStatedAmount 2023-03-31 02062976 frs-core:RetainedEarningsAccumulatedLosses 2024-03-31
Registered number: 02062976
Bowen Court Management Company Limited
Directors' Report and
Unaudited Financial Statements
For The Year Ended 31 March 2025
Contents
Page
Company Information 1
Directors' Report 2
Accountants' Report 3
Profit and Loss Account 4
Balance Sheet 5—6
Statement of Changes in Equity 7
Notes to the Financial Statements 8—9
Page 1
Company Information
Directors Mr R Horlor
Mr J Green
Mr T Sullivan
Secretary Mr R Horlor
Company Number 02062976
Registered Office Bowen Court
Duncan Road
Ramsgate
Kent
CT11 9XP
Accountants Accountancy Matters (Kent) Limited
Chartered Certified Accountants
Marlowe Innovation Centre
Marlowe Way
Ramsgate
Kent
CT12 6FA
Page 1
Page 2
Directors' Report
The directors present their report and the financial statements for the year ended 31 March 2025.
Directors
The directors who held office during the year were as follows:
Mr R Horlor
Mr D Butterworth Resigned 16/08/2024
Mr J Green
Mr T Sullivan Appointed 16/08/2024
Small Company Rules
This report has been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.
By order of the board
Mr R Horlor
Company Secretary
05/06/2025
Page 2
Page 3
Accountants' Report
Report to the directors on the preparation of the unaudited statutory accounts of Bowen Court Management Company Limited for the year ended 31 March 2025
To assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Bowen Court Management Company Limited which comprise the Profit and Loss Account, the 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 Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at http://www.accaglobal.com/en/member/professional-standards/rules-standards/acca-rulebook.html.
This report is made to the directors of Bowen Court Management Company Limited , as a body, in accordance with the terms of our engagement letter dated 04 June 2025. Our work has been undertaken solely to prepare for your approval the accounts of Bowen Court Management Company Limited and state those matters that we have agreed to state to the directors of Bowen Court Management Company Limited , as a body, in this report in accordance with the Association of Chartered Certified Accountants as detailed at http://www.accaglobal.com/content/dam/ACCA_Global/Technical/fact/technical-factsheet-163.pdf. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Bowen Court Management Company Limited and its directors as a body for our work or for this report.
It is your duty to ensure that Bowen Court Management Company Limited has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit or loss of Bowen Court Management Company Limited . You consider that Bowen Court Management Company 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 accounts of Bowen Court Management Company 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 financial statements.
23/06/2025
Accountancy Matters (Kent) Limited
Chartered Certified Accountants
Marlowe Innovation Centre
Marlowe Way
Ramsgate
Kent
CT12 6FA
Page 3
Page 4
Profit and Loss Account
2025 2024
Notes £ £
TURNOVER 6,850 5,940
GROSS PROFIT 6,850 5,940
Administrative expenses (6,745 ) (6,239 )
OPERATING PROFIT/(LOSS) AND PROFIT/(LOSS) FOR THE FINANCIAL YEAR 105 (299 )
The notes on pages 8 to 9 form part of these financial statements.
Page 4
Page 5
Balance Sheet
2025 2024
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 7,572 7,572
7,572 7,572
CURRENT ASSETS
Debtors 5 1,100 1,236
Cash at bank and in hand 2,176 1,949
3,276 3,185
Creditors: Amounts Falling Due Within One Year 6 (585 ) (599 )
NET CURRENT ASSETS (LIABILITIES) 2,691 2,586
TOTAL ASSETS LESS CURRENT LIABILITIES 10,263 10,158
NET ASSETS 10,263 10,158
CAPITAL AND RESERVES
Called up share capital 66 66
Share premium account 7,512 7,512
Profit and Loss Account 2,685 2,580
SHAREHOLDERS' FUNDS 10,263 10,158
Page 5
Page 6
For the year ending 31 March 2025 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 in accordance with the provisions applicable to companies subject to the small companies regime.
On behalf of the board
Mr R Horlor
Director
Mr J Green
Director
Mr T Sullivan
Director
05/06/2025
The notes on pages 8 to 9 form part of these financial statements.
Page 6
Page 7
Statement of Changes in Equity
Share Capital Share Premium Profit and Loss Account Total
£ £ £ £
As at 1 April 2023 66 7,512 2,879 10,457
Loss for the year and total comprehensive income - - (299 ) (299)
As at 31 March 2024 and 1 April 2024 66 7,512 2,580 10,158
Profit for the year and total comprehensive income - - 105 105
As at 31 March 2025 66 7,512 2,685 10,263
Page 7
Page 8
Notes to the Financial Statements
1. General Information
Bowen Court Management Company Limited is a private company, limited by shares, incorporated in England & Wales, registered number 02062976 . The registered office is Bowen Court, Duncan Road, Ramsgate, Kent, CT11 9XP.
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.
Service charges collected and receivable from leaseholders of the flats are assets belonging to a Statutory Trust (the "Statutory Trust") whose beneficiaries are the leaseholders, who are also the Company's shareholders. The Company acts as a Trustee of the Statutory Trust for the net current assets of the Company.
2.2. Turnover
Turnover represents service and other charges raised on flat owners for the financial period.
2.3. 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:
Freehold Not depreciated
3. Average Number of Employees
Average number of employees, including directors, during the year was: NIL (2024: NIL)
- -
4. Tangible Assets
Land & Property
Freehold
£
Cost
As at 1 April 2024 7,572
As at 31 March 2025 7,572
Net Book Value
As at 31 March 2025 7,572
As at 1 April 2024 7,572
Page 8
Page 9
5. Debtors
2025 2024
£ £
Due within one year
Trade debtors - 80
Prepayments and accrued income 1,100 1,156
1,100 1,236
6. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Trade creditors 5 5
Accruals and deferred income 580 594
585 599
7. Related Party Transactions
During the year the following directors were paid for carrying out cleaning, gardening and administration services for the company :
Mr R Horler £440
Mr T Sullivan £240
Mr J Green £126
Mr D Butterworth £30
Page 9