REGISTERED NUMBER: 01353985 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024

FOR

GEOFF BOWER LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

G T Bower

Mrs S P Bower

C H Bower

SECRETARY:

Mrs R J Bower

REGISTERED OFFICE:

52A Westgate

Southwell

Nottinghamshire

NG25 0JX

REGISTERED NUMBER:

01353985 (England and Wales)

ACCOUNTANTS:

Beeley Hawley & Co Ltd

Chartered Accountants & Business Advisers

52A Westgate

Southwell

Nottinghamshire

NG25 0JX

FIXED ASSETS

Tangible assets

4

1,672,423

1,716,429

CURRENT ASSETS

Stocks

121,550

139,200

Debtors

5

15,791

15,491

Cash at bank and in hand

19,979

12,412

157,320

167,103

CREDITORS

Amounts falling due within one year

6

525,402

501,163

NET CURRENT LIABILITIES

(368,082

)

(334,060

)

TOTAL ASSETS LESS CURRENT LIABILITIES

1,304,341

1,382,369

CREDITORS

Amounts falling due after more than one year

7

(33,994

)

-

PROVISIONS FOR LIABILITIES

(72,563

)

(64,164

)

NET ASSETS

1,197,784

1,318,205

CAPITAL AND RESERVES

Called up share capital

4,505

4,505

Retained earnings

1,193,279

1,313,700

SHAREHOLDERS' FUNDS

1,197,784

1,318,205

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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 29 September 2025 and were signed on its behalf by:

G T Bower - Director

Mrs S P Bower - Director

C H Bower - Director

1.	STATUTORY INFORMATION

Geoff Bower Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

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

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 each asset over its estimated useful life.

Plant and machinery etc

-

25% on reducing balance, 25% on cost and 15% on cost

Stocks

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

Taxation

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

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 5 (2023 - 5 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

Land and

machinery

buildings

etc

Totals

£

£

£

COST

At 1 January 2024

1,370,527

1,661,945

3,032,472

Additions

-

86,921

86,921

Disposals

-

(67,532

)

(67,532

)

At 31 December 2024

1,370,527

1,681,334

3,051,861

DEPRECIATION

At 1 January 2024

-

1,316,043

1,316,043

Charge for year

-

130,927

130,927

Eliminated on disposal

-

(67,532

)

(67,532

)

At 31 December 2024

-

1,379,438

1,379,438

NET BOOK VALUE

At 31 December 2024

1,370,527

301,896

1,672,423

At 31 December 2023

1,370,527

345,902

1,716,429

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Trade debtors

2,699

7,575

Other debtors

13,092

7,916

15,791

15,491

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Hire purchase contracts

9,292

-

Trade creditors

28,552

49,869

Taxation and social security

25,286

72,563

Other creditors

462,272

378,731

525,402

501,163

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2024

2023

£

£

Hire purchase contracts

33,994

-

8.	SECURED DEBTS

The bank overdraft is secured by a charge over a part of the company's freehold land and assets and is repayable on demand.