Paul Bowkett Limited Filleted accounts for Companies House (small and micro)

COMPANY REGISTRATION NUMBER: 09944998

Paul Bowkett Limited

Filleted Unaudited Financial Statements

31 March 2025

Paul Bowkett Limited

Financial Statements

Year ended 31 March 2025

Contents	Page

Balance sheet	1

Notes to the financial statements	3

Paul Bowkett Limited

Balance Sheet

31 March 2025

	2025		2024
Note	£	£	£	£

Fixed assets

Tangible assets	5		3,677		5,192

Current assets

Stocks		57,750	25,000
Debtors	6	34,353	24,217
Cash at bank and in hand		412,113	414,291
		---------	---------
		504,216	463,508

Creditors: amounts falling due within one year	7	71,833		61,988
		---------		---------
Net current assets			432,383		401,520
			---------		---------
Total assets less current liabilities			436,060		406,712

Provisions

Taxation including deferred tax	919	1,298
	---------	---------
Net assets	435,141	405,414
	---------	---------

Paul Bowkett Limited

Balance Sheet (continued)

31 March 2025

	2025		2024
Note	£	£	£	£

Capital and reserves

Called up share capital	100	100
Profit and loss account	435,041	405,314
	---------	---------
Shareholders funds	435,141	405,414
	---------	---------

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 profit and loss account has not been delivered.

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.

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 .

These financial statements were approved by the board of directors and authorised for issue on 28 November 2025 , and are signed on behalf of the board by:

Mr P J Bowkett

Director

Company registration number: 09944998

Paul Bowkett Limited

Notes to the Financial Statements

Year ended 31 March 2025

1. General information

The company is a private company limited by shares, registered in England and Wales. The address of the registered office is 6 Corunna Court, Corunna Road, Warwick, CV34 5HQ.

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 and in sterling, which is the functional currency of the entity.

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. Current tax is recognised on taxable profit for the current and past periods. Deferred tax is recognised in respect of all timing differences at the reporting date.

Tangible assets

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

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:

	Fixtures and fittings	-	25% straight line

Defined contribution plans

Contributions to defined contribution plans are recognised as an expense in the period in which the related service is provided. Prepaid contributions are recognised as an asset to the extent that the prepayment will lead to a reduction in future payments or a cash refund. When contributions are not expected to be settled wholly within 12 months of the end of the reporting date in which the employees render the related service, the liability is measured on a discounted present value basis. The unwinding of the discount is recognised as a finance cost in profit or loss in the period in which it arises.

4. Employee numbers

The average number of persons employed by the company during the year amounted to 1 (2024: 1 ).

5. Tangible assets

	Fixtures and fittings
	£
Cost
At 1 April 2024	13,048
Additions	838
Disposals	( 1,123)
	--------
At 31 March 2025	12,763
	--------
Depreciation
At 1 April 2024	7,856
Charge for the year	1,621
Disposals	( 391)
	--------
At 31 March 2025	9,086
	--------
Carrying amount
At 31 March 2025	3,677
	--------
At 31 March 2024	5,192
	--------

6. Debtors

	2025	2024
	£	£
Trade debtors	30,613	24,217
Other debtors	3,740	–
	--------	--------
	34,353	24,217
	--------	--------

7. Creditors: amounts falling due within one year

	2025	2024
	£	£
Trade creditors	23,305	13,914
Corporation tax	17,710	29,250
Social security and other taxes	13,575	5,721
Other creditors	17,243	13,103
	--------	--------
	71,833	61,988
	--------	--------

8. Directors' advances, credits and guarantees

The directors had interest-free loans during the year. The loans are repayable on demand. At the start of the year the company owed them £11,303, and at the end of the year the company owed them £15,308.