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Bowler Group Limited
Unaudited Financial Statements
For The Year Ended 31 March 2025
Clouders (Audit & Accounts) Ltd
Chartered Certified Accountants
Charter House, 103-105 Leigh Road
Leigh-On-Sea
SS9 1JL
Contents
Page
Accountant's Report 1
Balance Sheet 2—3
Notes to the Financial Statements 4—9
Page 1
Accountant's Report
In accordance with the engagement letter and in order to assist you to fulfil your duties under the Companies Act 2006, we have compiled the financial statements of the company from the accounting records and information and explanations you have given to us.
This report is made to the directors in accordance with the terms of our engagement. Our work has been undertaken to prepare for approval by the directors the financial statements that we have been engaged to compile, to report to the directors that we have done so, and to state those matters that we have agreed to state to them in this report and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the Company and the Company's directors for our work or for this report.
You have acknowledged on the balance sheet as at year ended 31 March 2025 your duty to ensure that the company has kept proper accounting records and to prepare financial statements that give a true and fair view under the Companies Act 2006. You consider that the company is exempt from the statutory requirement for an audit for the year.
We have not been instructed to carry out an audit of the financial statements. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the financial statements.
Signed
15/12/2025
Clouders (Audit & Accounts) Ltd
Chartered Certified Accountants
Charter House, 103-105 Leigh Road
Leigh-On-Sea
SS9 1JL
Page 1
Page 2
Balance Sheet
Registered number: 03680124
2025 2024
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 3,711,503 3,684,952
Investment Properties 5 6,383,000 6,383,000
10,094,503 10,067,952
CURRENT ASSETS
Debtors 6 399,888 347,961
Cash at bank and in hand 595,235 802,069
995,123 1,150,030
Creditors: Amounts Falling Due Within One Year 7 (589,891 ) (695,594 )
NET CURRENT ASSETS (LIABILITIES) 405,232 454,436
TOTAL ASSETS LESS CURRENT LIABILITIES 10,499,735 10,522,388
Creditors: Amounts Falling Due After More Than One Year 8 (1,233,031 ) (1,381,376 )
PROVISIONS FOR LIABILITIES
Deferred Taxation (927,748 ) (919,540 )
NET ASSETS 8,338,956 8,221,472
CAPITAL AND RESERVES
Called up share capital 9 10,004 10,004
Revaluation reserve 13 787,885 787,885
Fair value reserve 13 4,212,946 4,212,946
Profit and Loss Account 3,328,121 3,210,637
SHAREHOLDERS' FUNDS 8,338,956 8,221,472
Page 2
Page 3
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
J P Bowler
Director
08/12/2025
The notes on pages 4 to 9 form part of these financial statements.
Page 3
Page 4
Notes to the Financial Statements
1. General Information
Bowler Group Limited is a private company, limited by shares, incorporated in England & Wales, registered number 03680124 . The registered office is Bowler House, Harvey Road, Basildon, Essex, SS13 1DD.
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 comprises revenue earned from the rendering of services. 
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. 
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:
Plant & Machinery 25% per annum on book value
Motor Vehicles 25% per annum on book value
Fixtures & Fittings 12.5% per annum on cost
Computer Equipment 20% per annum on cost
Freehold property is carried at current open market value and no depreciation is charged in respect of the buildings element.
Gains and deficits arising on the revaluation of freehold property are taken to other comprehensive income and recognised in a revaluation reserve.
2.4. Investment Properties
Investment property is carried at the most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in the profit and loss account.
2.5. Foreign Currencies
Transactions in foreign currencies are translated into Sterling at the rate of exchange ruling at the transaction date. Exchange differences are taken into account in arriving at the operating result.
Page 4
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2.6. Taxation
Income tax expense represents the sum of the tax currently payable and deferred tax.
The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.
Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.
Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and assets reflect the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.
Current or deferred tax for the year is recognised in profit or loss, except when they related to items that are recognised in other comprehensive income or directly in equity, in which case, the current and deferred tax is also recognised in other comprehensive income or directly in equity respectively.
2.7. Pensions
The company operates a defined contribution pension scheme. Contributions are charged to the profit and loss account as they become payable in accordance with the rules of the scheme.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 16 (2024: 17)
16 17
4. Tangible Assets
Land & Property
Freehold Plant & Machinery Motor Vehicles Fixtures & Fittings
£ £ £ £
Cost or Valuation
As at 1 April 2024 3,632,000 125,100 5,000 257,841
Additions - 37,500 - -
Disposals - (29,000 ) - -
As at 31 March 2025 3,632,000 133,600 5,000 257,841
...CONTINUED
Page 5
Page 6
Depreciation
As at 1 April 2024 - 122,842 4,908 221,516
Provided during the period - 882 23 4,627
Disposals - (28,921 ) - -
As at 31 March 2025 - 94,803 4,931 226,143
Net Book Value
As at 31 March 2025 3,632,000 38,797 69 31,698
As at 1 April 2024 3,632,000 2,258 92 36,325
Computer Equipment Total
£ £
Cost or Valuation
As at 1 April 2024 62,219 4,082,160
Additions - 37,500
Disposals - (29,000 )
As at 31 March 2025 62,219 4,090,660
Depreciation
As at 1 April 2024 47,942 397,208
Provided during the period 5,338 10,870
Disposals - (28,921 )
As at 31 March 2025 53,280 379,157
Net Book Value
As at 31 March 2025 8,939 3,711,503
As at 1 April 2024 14,277 3,684,952
Freehold property was valued on an open market basis by Strettons Limited, Chartered Surveyors, in July 2022.
The historical cost of freehold property as at 31st March 2025 was £2,749,326. No allocation between the land and buildings elements of one of the properties has been made and, accordingly, the total carrying amount based on cost less accumulated depreciation cannot be determined.
Freehold property is pledged as security for the company's bank borrowings.
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Cost or valuation as at 31 March 2025 represented by:
Land & Property
Freehold Plant & Machinery Motor Vehicles Fixtures & Fittings
£ £ £ £
At cost - 133,600 5,000 257,841
At valuation 3,632,000 - - -
3,632,000 133,600 5,000 257,841
Computer Equipment Total
£ £
At cost 62,219 458,660
At valuation - 3,632,000
62,219 4,090,660
5. Investment Property
2025
£
Fair Value
As at 1 April 2024 and 31 March 2025 6,383,000
6. Debtors
2025 2024
£ £
Due within one year
Trade debtors 379,962 326,613
Prepayments and accrued income 13,841 17,350
Other debtors 4,025 3,806
Directors' loan accounts 2,060 192
399,888 347,961
Page 7
Page 8
7. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Trade creditors 208,599 355,059
Bank loans and overdrafts 146,997 130,523
Corporation tax 53,978 27,930
Other taxes and social security 46,452 12,675
Other creditors 975 8,111
Accrued expenses 132,890 161,296
589,891 695,594
8. Creditors: Amounts Falling Due After More Than One Year
2025 2024
£ £
Bank loans 1,233,031 1,381,376
9. Share Capital
2025 2024
£ £
Allotted, Called up and fully paid 10,004 10,004
10. Contingent Liabilities
The company has provided a limited guarantee in respect of the bank borrowings of its former associate undertaking and tenant, Bespoke Logistics Limited. As at 31st March 2025, the maximum amount subject to the guarantee was £30,000.
11. Capital Commitments
As at 31st March 2025, the company had capital commitments contracted for, but not provided in these financial statements, of £93,585.
12. Directors Advances, Credits and Guarantees
Included within Debtors are the following loans to directors:
As at 1 April 2024 Amounts advanced Amounts repaid Amounts written off As at 31 March 2025
£ £ £ £ £
Mr Jonathan Bowler 192 8,114 6,246 - 2,060
The above loan is interest-free and repayable on demand.
Dividends paid to directors
2025 2024
£ £
J P Bowler 36,400 -
Page 8
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13. Reserves
Revaluation Reserve Fair Value Reserve
£ £
As at 1 April 2024 787,885 4,212,946
As at 31 March 2025 787,885 4,212,946
Page 9