Bowles and Walker Group Limited Filleted accounts for Companies House (small and micro)

COMPANY REGISTRATION NUMBER: 10828247

Bowles and Walker Group Limited

Unaudited financial statements

31 December 2024

Bowles and Walker Group Limited

Statement of financial position

31 December 2024

	2024		2023
Note	£	£	£	£

Fixed assets

Tangible assets	5	115,801	151,981
Investments	6	100	100
		---------	---------
		115,901	152,081

Current assets

Debtors	7	343,847	266,983
Cash at bank and in hand		23,899	80,523
		---------	---------
		367,746	347,506

Creditors: Amounts falling due within one year	8	( 7,122)		( 8,805)
		---------		---------
Net current assets			360,624		338,701
			---------		---------
Total assets less current liabilities			476,525		490,782

Provisions

Taxation including deferred tax	( 19,739)	( 26,762)
	---------	---------
Net assets	456,786	464,020
	---------	---------

Capital and reserves

Called up share capital	100	100
Profit and loss account	456,686	463,920
	---------	---------
Shareholders funds	456,786	464,020
	---------	---------

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

In accordance with section 444 of the Companies Act 2006, the statement of income and retained earnings has not been delivered.

For the year ending 31 December 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476 ;

- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .

Bowles and Walker Group Limited

Statement of financial position (continued)

31 December 2024

These financial statements were approved by the board of directors and authorised for issue on 30 September 2025 , and are signed on behalf of the board by:

A D Barwood

Director

Company registration number: 10828247

Bowles and Walker Group Limited

Notes to the financial statements

Year ended 31 December 2024

1. General information

The company is a private company limited by shares, registered in England and Wales. The address of the registered office is 5 Breckland Business Park, Norwich Road, Watton, Norfolk, IP25 6UP.

2. Statement of compliance

These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.

3. Accounting policies

Basis of preparation

The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.

The financial statements are prepared in sterling, which is the functional currency of the entity.

Consolidation

The company has taken advantage of the option not to prepare consolidated financial statements contained in Section 398 of the Companies Act 2006 on the basis that the company and its subsidiary undertakings comprise a small group.

Revenue recognition

Turnover is measured at the fair value of the consideration received or receivable and represents amounts receivable for goods supplied and services rendered, stated net of discounts and of Value Added Tax.

Income tax

The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in profit or loss, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. In this case, tax is recognised in other comprehensive income or directly in equity, respectively.

Tangible assets

Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses. An increase in the carrying amount of an asset as a result of a revaluation, is recognised in other comprehensive income and accumulated in equity, except to the extent it reverses a revaluation decrease of the same asset previously recognised in profit or loss. A decrease in the carrying amount of an asset as a result of revaluation, is recognised in other comprehensive income to the extent of any previously recognised revaluation increase accumulated in equity in respect of that asset. Where a revaluation decrease exceeds the accumulated revaluation gains accumulated in equity in respect of that asset, the excess shall be recognised in profit or loss.

Depreciation

Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:

Plant and machinery	-	25% reducing balance
Equipment	-	33% straight line

Investments

Fixed asset investments are initially recorded at cost, and subsequently stated at cost less any accumulated impairment losses.

4. Employee numbers

The average number of employees during the year was 2 (2023: 2 ).

5. Tangible assets

	Plant and machinery	Equipment	Total
	£	£	£
Cost
At 1 January 2024	352,657	4,351	357,008
Additions	1,909	–	1,909
	---------	------	---------
At 31 December 2024	354,566	4,351	358,917
	---------	------	---------
Depreciation
At 1 January 2024	201,312	3,715	205,027
Charge for the year	37,878	211	38,089
	---------	------	---------
At 31 December 2024	239,190	3,926	243,116
	---------	------	---------
Carrying amount
At 31 December 2024	115,376	425	115,801
	---------	------	---------
At 31 December 2023	151,345	636	151,981
	---------	------	---------

6. Investments

	Shares in group undertakings
	£
Cost
At 1 January 2024 and 31 December 2024	100
	----
Impairment
At 1 January 2024 and 31 December 2024	–
	----

Carrying amount
At 31 December 2024	100
	----
At 31 December 2023	100
	----

7. Debtors

	2024	2023
	£	£
Trade debtors	47,700	20,700
Amounts owed by group undertakings and undertakings in which the company has a participating interest	287,498	237,634
Other debtors	8,649	8,649
	---------	---------
	343,847	266,983
	---------	---------

8. Creditors: Amounts falling due within one year

	2024	2023
	£	£
Trade creditors	1,140	–
Social security and other taxes	4,957	7,855
Other creditors	1,025	950
	------	------
	7,122	8,805
	------	------