REGISTERED NUMBER: 03097215 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 December 2024

for

Bow Brand International Limited

Page

Balance Sheet

1

Notes to the Financial Statements

3

Fixed assets

Tangible assets

5

251,444

280,407

Current assets

Stocks

260,628

353,534

Debtors

6

166,695

55,808

Cash at bank and in hand

15,232

3,830

442,555

413,172

Creditors

Amounts falling due within one year

7

(469,226

)

(329,369

)

Net current (liabilities)/assets

(26,671

)

83,803

Total assets less current liabilities

224,773

364,210

Creditors

Amounts falling due after more than one year

8

(106,871

)

(174,518

)

Provisions for liabilities

(34,795

)

(40,887

)

Net assets

83,107

148,805

Capital and reserves

Called up share capital

10,000

10,000

Retained earnings

73,107

138,805

83,107

148,805

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2024 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 15 September 2025 and were signed on its behalf by:

Mrs A I Maddox - Director

1.	Statutory information

Bow Brand International Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

Registered number:

03097215

Registered office:

Highgate

King's Lynn

Norfolk

PE30 1PT

The presentation currency of the financial statements is the Pound Sterling (£).

2.	Statement of compliance

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.

3.	Accounting policies

Basis of preparing the financial statements

The financial statements have been prepared under the historical cost convention.

The directors believe that the company is well placed to manage its financial risks successfully and have reasonable expectation that it has adequate resources to continue in operational existence for the foreseeable future. Consequently, it continues to adopt the going concern basis of accounting in preparing the annual financial statements.

Critical accounting judgements and key sources of estimation uncertainty

The preparation of the financial statements requires management to make judgements, estimates and assumptions that affect the amounts reported. These estimates and judgements are continually reviewed and are based on experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off the cost less estimated residual value of each asset over its estimated useful life.

Freehold property

-

2% on cost

Plant and machinery

-

25% p.a. reducing balance

Office equipment

-

25% p.a. reducing balance

Motor vehicles

-

25% p.a. reducing balance

Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and

slow moving items. Net realisable value is calculated at the lower of cost or selling price less cost to complete.

Financial instruments

A financial asset or a financial liability is recognised only when the entity becomes a party to the contractual provisions of the instrument.

Basic financial instruments are initially recognised at the transaction price, unless the arrangement constitutes a financing transaction, where it is recognised at the present value of the future payments discounted at a market rate of interest for a similar debt instrument.

Debt instruments are subsequently measured at amortised cost.

Financial assets that are measured at cost or amortised cost are reviewed for objective evidence of impairment at the end of each reporting date. If there is objective evidence of impairment, an impairment loss is recognised in profit or loss immediately.

For all equity instruments regardless of significance, and other financial assets that are individually significant, these are assessed individually for impairment. Other financial assets are either assessed individually or grouped on the basis of similar credit risk characteristics.

Any reversals of impairment are recognised in profit or loss immediately, to the extent that the reversal does not result in a carrying amount of the financial asset that exceeds what the carrying amount would have been had the impairment not previously been recognised. Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the entity after deducting all of its financial liabilities.

Where the contractual obligations of financial instruments (including share capital) are equivalent to a similar debt instrument, those financial instruments are classed as financial liabilities. Financial liabilities are presented as such in the balance sheet. Finance costs and gains or losses relating to financial liabilities are included in the profit and loss account. Finance costs are calculated so as to produce a constant rate of return on the outstanding liability.

Where the contractual terms of share capital do not have any terms meeting the definition of a financial liability then this is classed as an equity instrument. Dividends and distributions relating to equity instruments are debited direct to equity.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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.

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.

Foreign currencies

Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

4.	Employees and directors

The average number of employees during the year was 28 (2023 - 28 ) .

5.	Tangible fixed assets

Freehold

Plant and

Office

Motor

property

machinery

equipment

vehicles

Totals

£

£

£

£

£

Cost

At 1 January 2024

277,911

398,911

32,084

10,695

719,601

Additions

-

-

2,033

-

2,033

At 31 December 2024

277,911

398,911

34,117

10,695

721,634

Depreciation

At 1 January 2024

96,219

311,791

22,815

8,369

439,194

Charge for year

5,556

22,335

2,523

582

30,996

At 31 December 2024

101,775

334,126

25,338

8,951

470,190

Net book value

At 31 December 2024

176,136

64,785

8,779

1,744

251,444

At 31 December 2023

181,692

87,120

9,269

2,326

280,407

6.

Debtors: amounts falling due within one year

31.12.24

31.12.23

£

£

Trade debtors

9,522

9,041

Amounts owed by group undertakings

118,248

-

Other debtors

38,925

46,767

166,695

55,808

7.

Creditors: amounts falling due within one year

31.12.24

31.12.23

£

£

Bank loans and overdrafts

206,236

132,740

Trade creditors

138,416

94,412

Taxation and social security

49,289

86,784

Other creditors

75,285

15,433

469,226

329,369

8.

Creditors: amounts falling due after more than one year

31.12.24

31.12.23

£

£

Bank loans

106,871

174,518

9.	Secured debts

The following secured debts are included within creditors:

31.12.24

31.12.23

£

£

Bank loans due within one year

206,236

132,740

Bank loans due after one year

106,871

174,518

313,107

307,258

Bank loans and overdrafts are secured by means of a fixed and floated charge against the property and assets of the company.

10.	Other financial commitments

The financial commitments, guarantees and contingencies which are not included in the balance sheet amount to £Nil (2022:£8,601).

11.	Related party disclosures

The company had transactions in the normal course of business with Centre Francais de la Harpe & du Piano, a company incorporated in France and controlled by Mrs J Torres. At 31 December 2024 Bow Brand International Limited was owed £14,560 (2023: £11,149).