BOWRING DEVELOPMENTS LIMITED

Company Registration Number:
10966915 (England and Wales)

Unaudited statutory accounts for the year ended 30 September 2024

Period of accounts

Start date: 1 October 2023

End date: 30 September 2024

BOWRING DEVELOPMENTS LIMITED

Contents of the Financial Statements

for the Period Ended 30 September 2024

Directors report
Profit and loss
Balance sheet
Additional notes
Balance sheet notes

BOWRING DEVELOPMENTS LIMITED

Directors' report period ended 30 September 2024

The directors present their report with the financial statements of the company for the period ended 30 September 2024

Directors

The directors shown below have held office during the whole of the period from
1 October 2023 to 30 September 2024

S D Langley
A S Thorpe
D K Langley


The above report has been prepared in accordance with the special provisions in part 15 of the Companies Act 2006

This report was approved by the board of directors on
30 April 2025

And signed on behalf of the board by:
Name: S D Langley
Status: Director

BOWRING DEVELOPMENTS LIMITED

Profit And Loss Account

for the Period Ended 30 September 2024

2024 2023


£

£
Turnover: 0 2,580
Cost of sales: 0 ( 21,855 )
Gross profit(or loss): 0 (19,275)
Distribution costs: 0 0
Administrative expenses: ( 47,470 ) ( 4,631 )
Other operating income: 0 0
Operating profit(or loss): (47,470) (23,906)
Interest receivable and similar income: 0 0
Interest payable and similar charges: ( 1,222 ) 0
Profit(or loss) before tax: (48,692) (23,906)
Tax: 35 38
Profit(or loss) for the financial year: (48,657) (23,868)

BOWRING DEVELOPMENTS LIMITED

Balance sheet

As at 30 September 2024

Notes 2024 2023


£

£
Fixed assets
Tangible assets: 3 528 704
Total fixed assets: 528 704
Current assets
Debtors: 4 1,541,102 1,537,171
Cash at bank and in hand: 3,121 787
Total current assets: 1,544,223 1,537,958
Creditors: amounts falling due within one year: 5 ( 9,635 ) ( 7,576 )
Net current assets (liabilities): 1,534,588 1,530,382
Total assets less current liabilities: 1,535,116 1,531,086
Creditors: amounts falling due after more than one year: 6 ( 873,030 ) ( 820,308 )
Provision for liabilities: ( 106 ) ( 141 )
Total net assets (liabilities): 661,980 710,637
Capital and reserves
Called up share capital: 100 100
Profit and loss account: 661,880 710,537
Total Shareholders' funds: 661,980 710,637

The notes form part of these financial statements

BOWRING DEVELOPMENTS LIMITED

Balance sheet statements

For the year ending 30 September 2024 the company was entitled to exemption 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.

This report was approved by the board of directors on 30 April 2025
and signed on behalf of the board by:

Name: S D Langley
Status: Director

The notes form part of these financial statements

BOWRING DEVELOPMENTS LIMITED

Notes to the Financial Statements

for the Period Ended 30 September 2024

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

    Turnover policy

    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 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.

    Tangible fixed assets depreciation policy

    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: Plant & Machinery 25% Reducing Balance

    Other accounting policies

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

BOWRING DEVELOPMENTS LIMITED

Notes to the Financial Statements

for the Period Ended 30 September 2024

  • 2. Employees

    2024 2023
    Average number of employees during the period 3 3

BOWRING DEVELOPMENTS LIMITED

Notes to the Financial Statements

for the Period Ended 30 September 2024

3. Tangible assets

Land & buildings Plant & machinery Fixtures & fittings Office equipment Motor vehicles Total
Cost £ £ £ £ £ £
At 1 October 2023 1,625 1,625
Additions
Disposals
Revaluations
Transfers
At 30 September 2024 1,625 1,625
Depreciation
At 1 October 2023 921 921
Charge for year 176 176
On disposals
Other adjustments
At 30 September 2024 1,097 1,097
Net book value
At 30 September 2024 528 528
At 30 September 2023 704 704

BOWRING DEVELOPMENTS LIMITED

Notes to the Financial Statements

for the Period Ended 30 September 2024

4. Debtors

2024 2023
£ £
Trade debtors 1,533,720 0
Other debtors 7,382 1,537,171
Total 1,541,102 1,537,171

BOWRING DEVELOPMENTS LIMITED

Notes to the Financial Statements

for the Period Ended 30 September 2024

5. Creditors: amounts falling due within one year note

2024 2023
£ £
Trade creditors 3,900
Taxation and social security 1,061
Other creditors 5,735 6,515
Total 9,635 7,576

BOWRING DEVELOPMENTS LIMITED

Notes to the Financial Statements

for the Period Ended 30 September 2024

6. Creditors: amounts falling due after more than one year note

2024 2023
£ £
Other creditors 873,030 820,308
Total 873,030 820,308