Registration number: 07023926

Bowalker Windows Ltd

Contents

Company Information	1
Balance Sheet	2 to 3
Notes to the Unaudited Financial Statements	4 to 9

Bowalker Windows Ltd

Company Information

Director

Mr ZF Newman

Registered office

Units 1 and 2 Bolney Grange Business Park Stairbridge Lane Haywards Heath West Sussex RH17 5PB

Accountants

Chisnall Comer Ismail and Co Chartered AccountantsMaria House 35 Millers Road Brighton BN1 5NP

Bowalker Windows Ltd

(Registration number: 07023926)
Balance Sheet as at 31 March 2025

	Note	2025 £	2024 £
Fixed assets
Tangible assets	4	192	3,471
Current assets
Stocks	5	24,605	22,500
Debtors	6	68,322	28,714
Cash at bank and in hand		114,133	342,395
		207,060	393,609
Creditors: Amounts falling due within one year	7	(141,755)	(301,643)
Net current assets		65,305	91,966
Total assets less current liabilities		65,497	95,437
Creditors: Amounts falling due after more than one year	7	-	(23,831)
Net assets		65,497	71,606
Capital and reserves
Called up share capital	11	200	200
Retained earnings		65,297	71,406
Shareholders' funds		65,497	71,606

For the financial 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.

Director's responsibilities:

•	The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and
•	The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Profit and Loss Account.

Bowalker Windows Ltd

(Registration number: 07023926)
Balance Sheet as at 31 March 2025

Approved and authorised by the director on 9 December 2025



 

.........................................

Mr ZF Newman

Director

Bowalker Windows Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2025

1	General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
Units 1 and 2
Bolney Grange Business Park
Stairbridge Lane
Haywards Heath
West Sussex
RH17 5PB

2	Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Going concern

The financial statements have been prepared on a going concern basis.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

Tax

The tax expense for the period comprises current tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

Bowalker Windows Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2025

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class	Depreciation method and rate
Plant and machinery	20% straight line
Fixtures and fittings	20% straight line
Motor vehicles	25% straight line
Office equipment	33% straight line

Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first-in, first-out (FIFO) method.

The cost of finished goods and work in progress comprises direct materials and, where applicable, direct labour costs and those overheads that have been incurred in bringing the inventories to their present location and condition. At each reporting date, stocks are assessed for impairment. If stocks are impaired, the carrying amount is reduced to its selling price less costs to complete and sell; the impairment loss is recognised immediately in profit or loss.

Borrowings

Interest-bearing borrowings are initially recorded at fair value, net of transaction costs. Interest-bearing borrowings are subsequently carried at amortised cost, with the difference between the proceeds, net of transaction costs, and the amount due on redemption being recognised as a charge to the profit and loss account over the period of the relevant borrowing.

Interest expense is recognised on the basis of the effective interest method and is included in interest payable and similar charges.

Borrowings are classified as current liabilities unless the company has an unconditional right to defer settlement of the liability for at least twelve months after the reporting date.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

Dividends

Dividend distribution to the company’s shareholders is recognised as a liability in the financial statements in the reporting period in which the dividends are declared.

Bowalker Windows Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2025

Defined contribution pension obligation

A defined contribution plan is a pension plan under which fixed contributions are paid into a pension fund and the company has no legal or constructive obligation to pay further contributions even if the fund does not hold sufficient assets to pay all employees the benefits relating to employee service in the current and prior periods.

Contributions to defined contribution plans are recognised as employee benefit expense when they are due. If contribution payments exceed the contribution due for service, the excess is recognised as a prepayment.

3	Staff numbers

The average number of persons employed by the company (including the director) during the year, was 10 (2024 - 10).

Bowalker Windows Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2025

4	Tangible assets

	Furniture, fittings and equipment  £	Motor vehicles  £	Other tangible assets £	Total £
Cost or valuation
At 1 April 2024	10,611	45,820	5,402	61,833
Additions	220	-	-	220
Disposals	(2,790)	-	(375)	(3,165)
At 31 March 2025	8,041	45,820	5,027	58,888
Depreciation
At 1 April 2024	9,916	43,077	5,368	58,361
Charge for the year	629	2,743	34	3,406
Eliminated on disposal	(2,696)	-	(375)	(3,071)
At 31 March 2025	7,849	45,820	5,027	58,696
Carrying amount
At 31 March 2025	192	-	-	192
At 31 March 2024	695	2,742	34	3,471

5

Stocks

	2025 £	2024 £
Work in progress	20,305	18,000
Finished goods and goods for resale	4,300	4,500
	24,605	22,500

6

Debtors

Current	2025 £	2024 £
Trade debtors	59,668	23,429
Prepayments	2,923	5,285
Other debtors	5,731	-
	68,322	28,714

7

Creditors

Creditors: amounts falling due within one year

Bowalker Windows Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2025

	Note	2025 £	2024 £
Due within one year
Loans and borrowings	8	-	19,590
Trade creditors		86,759	143,808
Amounts owed to group undertakings and undertakings in which the company has a participating interest	10	24	5,268
Taxation and social security		14,690	73,624
Accruals and deferred income		4,122	1,215
Other creditors		36,160	58,138
		141,755	301,643

Creditors: amounts falling due after more than one year

	Note	2025 £	2024 £
Due after one year
Loans and borrowings	8	-	23,831

8	Loans and borrowings

Non-current loans and borrowings

	2025 £	2024 £
Bank borrowings	-	23,831

Current loans and borrowings

	2025 £	2024 £
Bank borrowings	-	19,590

Bowalker Windows Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2025

9

Dividends

		2025		2024
		£		£
Interim dividend of £259.70 (2024 - £1,000.00) per ordinary share		25,970		100,000

10	Related party transactions

Director's remuneration

The director's remuneration for the year was as follows:

	2025 £	2024 £
Remuneration	12,480	24,990
Contributions paid to money purchase schemes	5,187	37,375
	17,667	62,365

Summary of transactions with parent

Elevate Windows Ltd
A company in which Mr ZF Newman is also a director.

11	Share capital

Allotted, called up and fully paid shares

	2025		2024
	No.	£	No.	£
Ordinary shares of £1 each of £1 each	100	100	100	100
Ordinary A shares of £1 each of £1 each	100	100	100	100
	200	200	200	200