Acorah Software Products - Accounts Production 16.4.675 false true 31 March 2024 1 April 2023 false 1 April 2024 31 March 2025 31 March 2025 07183564 Mr Ian Bowman Mr Lee Bowman iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 07183564 2024-03-31 07183564 2025-03-31 07183564 2024-04-01 2025-03-31 07183564 frs-core:CurrentFinancialInstruments 2025-03-31 07183564 frs-core:ComputerEquipment 2025-03-31 07183564 frs-core:ComputerEquipment 2024-04-01 2025-03-31 07183564 frs-core:ComputerEquipment 2024-03-31 07183564 frs-core:MotorVehicles 2025-03-31 07183564 frs-core:MotorVehicles 2024-04-01 2025-03-31 07183564 frs-core:MotorVehicles 2024-03-31 07183564 frs-core:ShareCapital 2025-03-31 07183564 frs-core:RetainedEarningsAccumulatedLosses 2025-03-31 07183564 frs-bus:PrivateLimitedCompanyLtd 2024-04-01 2025-03-31 07183564 frs-bus:FilletedAccounts 2024-04-01 2025-03-31 07183564 frs-bus:SmallEntities 2024-04-01 2025-03-31 07183564 frs-bus:AuditExempt-NoAccountantsReport 2024-04-01 2025-03-31 07183564 frs-bus:SmallCompaniesRegimeForAccounts 2024-04-01 2025-03-31 07183564 frs-bus:Director1 2024-04-01 2025-03-31 07183564 frs-bus:Director2 2024-04-01 2025-03-31 07183564 frs-countries:EnglandWales 2024-04-01 2025-03-31 07183564 2023-03-31 07183564 2024-03-31 07183564 2023-04-01 2024-03-31 07183564 frs-core:CurrentFinancialInstruments 2024-03-31 07183564 frs-core:ShareCapital 2024-03-31 07183564 frs-core:RetainedEarningsAccumulatedLosses 2024-03-31
Registered number: 07183564
Bowman's Premium Limited
Unaudited Financial Statements
For The Year Ended 31 March 2025
Tasker Osman & Co
Contents
Page
Balance Sheet 1
Notes to the Financial Statements 2—3
Page 1
Balance Sheet
Registered number: 07183564
2025 2024
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 8,464 847
8,464 847
CURRENT ASSETS
Stocks 5 4,119 3,409
Debtors 6 10,209 6,529
Cash at bank and in hand 26,693 39,638
41,021 49,576
Creditors: Amounts Falling Due Within One Year 7 (30,324 ) (24,229 )
NET CURRENT ASSETS (LIABILITIES) 10,697 25,347
TOTAL ASSETS LESS CURRENT LIABILITIES 19,161 26,194
NET ASSETS 19,161 26,194
CAPITAL AND RESERVES
Called up share capital 8 100 100
Profit and Loss Account 19,061 26,094
SHAREHOLDERS' FUNDS 19,161 26,194
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 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 Ian Bowman
Director
Mr Lee Bowman
Director
09/08/2025
The notes on pages 2 to 3 form part of these financial statements.
Page 1
Page 2
Notes to the Financial Statements
1. General Information
Bowman's Premium Limited is a private company, limited by shares, incorporated in England & Wales, registered number 07183564 . The registered office is Office 4, Cavendish House, New Road, Newhaven, East Sussex, BN9 0EH.
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. 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:
Motor Vehicles 25% Reducing Balance
Computer Equipment 25% Reducing Balance
2.4. 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.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 1 (2024: 1)
1 1
4. Tangible Assets
Motor Vehicles Computer Equipment Total
£ £ £
Cost
As at 1 April 2024 - 7,069 7,069
Additions 7,995 - 7,995
As at 31 March 2025 7,995 7,069 15,064
Depreciation
As at 1 April 2024 - 6,222 6,222
Provided during the period 166 212 378
As at 31 March 2025 166 6,434 6,600
...CONTINUED
Page 2
Page 3
Net Book Value
As at 31 March 2025 7,829 635 8,464
As at 1 April 2024 - 847 847
5. Stocks
2025 2024
£ £
Materials 4,119 3,409
6. Debtors
2025 2024
£ £
Due within one year
Trade debtors 9,079 6,529
VAT 1,130 -
10,209 6,529
7. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Trade creditors 12,223 9,341
VAT - 1,776
Accruals and deferred income 985 985
Directors' loan accounts 17,116 12,127
30,324 24,229
8. Share Capital
2025 2024
£ £
Allotted, Called up and fully paid 100 100
Page 3