Company registration number 01071060 (England and Wales)
BOWNESS DEVELOPMENTS LIMITED
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED
31 AUGUST 2025
PAGES FOR FILING WITH REGISTRAR
11 De Grey Square
De Grey Road
Colchester
Essex
CO4 5YQ
BOWNESS DEVELOPMENTS LIMITED
COMPANY INFORMATION
- 1 -
Directors
Mrs M Austin
Mr S M Austin
Mrs T J Barker
Mr M J Austin
Secretary
Mr M J Austin
Company number
01071060
Registered office
11 De Grey Square
De Grey Road
Colchester
Essex
CO4 5YQ
Accountants
TC Group
11 De Grey Square
De Grey Road
Colchester
Essex
CO4 5YQ
BOWNESS DEVELOPMENTS LIMITED
CONTENTS
Page
Company information
1
Balance sheet
2 - 3
Notes to the financial statements
4 - 7
BOWNESS DEVELOPMENTS LIMITED
BALANCE SHEET
AS AT 31 AUGUST 2025
31 August 2025
- 2 -
2025
2024
Notes
£
£
£
£
Fixed assets
Tangible assets
3
1
253
Investment property
4
1,090,000
1,030,000
1,090,001
1,030,253
Current assets
Debtors
6
25,365
2,365
Investments
5
29,939
27,832
Cash at bank and in hand
238,219
241,795
293,523
271,992
Creditors: amounts falling due within one year
7
(11,209)
(17,498)
Net current assets
282,314
254,494
Total assets less current liabilities
1,372,315
1,284,747
Provisions for liabilities
(109,050)
(94,114)
Net assets
1,263,265
1,190,633
Capital and reserves
Called up share capital
100
100
Revaluation reserve
458,426
435,998
Profit and loss reserves
804,739
754,535
Total equity
1,263,265
1,190,633
BOWNESS DEVELOPMENTS LIMITED
BALANCE SHEET (CONTINUED)
AS AT 31 AUGUST 2025
31 August 2025
- 3 -

For the financial year ended 31 August 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

T he 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 Companies Act 2006 with respect to accounting records and the preparation of financial statements.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The directors of the company have elected not to include a copy of the profit and loss account within the financial statements.true

The financial statements were approved by the board of directors and authorised for issue on 22 March 2026 and are signed on its behalf by:
Mrs M Austin
Mr M J Austin
Director
Director
Company registration number 01071060 (England and Wales)
BOWNESS DEVELOPMENTS LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2025
- 4 -
1
Accounting policies
Company information

Bowness Developments Limited is a private company limited by shares incorporated in England and Wales. The registered office is 11 De Grey Square, De Grey Road, Colchester, Essex, CO4 5YQ.

1.1
Accounting convention

These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The financial statements are prepared in sterling, which is the functional currency of the company. Monetary a mounts in these financial statements are rounded to the nearest £.

The financial statements have been prepared under the historical cost convention, modified to include investment properties and certain financial instruments at fair value. The principal accounting policies adopted are set out below.

1.2
Turnover

Turnover is recognised at the fair value of the rent receivable f rom the investment properties.

1.3
Tangible fixed assets

Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses.

Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases:

Plant & machinery
10% & 25% on cost

The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to profit or loss.

1.4
Investment property

Investment property, which is property held to earn rentals and/or for capital appreciation, is initially recognised at cost, which includes the purchase cost and any directly attributable expenditure. Subsequently it is measured at fair value a t the reporting end date. Changes in fair value are recognised in profit or loss.

1.5
Cash and cash equivalents

Cash and cash equivalents are basic financial assets and include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.

BOWNESS DEVELOPMENTS LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 AUGUST 2025
1
Accounting policies
(Continued)
- 5 -
1.6
Financial instruments

The company has elected to apply the provisions of Section 11 ‘Basic Financial Instruments’ and Section 12 ‘Other Financial Instruments Issues’ of FRS 102 to all of its financial instruments.

Financial instruments are recognised in the company's balance sheet when the company becomes party to the contractual provisions of the instrument.

Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

The fair value of financial assets traded on active liquid markets are determined by reference to quoted market prices

1.7
Taxation

The tax expense represents the sum of the tax currently payable and deferred tax.

Current tax

The tax currently payable is based on taxable profit for the year. Taxable profit differs from net profit as reported in the profit and loss account because it excludes items of income or expense that are taxable or deductible in other years and it further excludes 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 reporting end date.

Deferred tax

Deferred tax liabilities are generally recognised for all timing differences and deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Such assets and liabilities are not recognised if the timing difference arises from goodwill or from the initial recognition of other assets and liabilities in a transaction that affects neither the tax profit nor the accounting profit.

The carrying amount of deferred tax assets is reviewed at each reporting end date 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 is calculated at the tax rates that are expected to apply in the period when the liability is settled or the asset is realised. Deferred tax is charged or credited in the profit and loss account, except when it relates to items charged or credited directly to equity, in which case the deferred tax is also dealt with in equity. Deferred tax assets and liabilities are offset when the company has a legally enforceable right to offset current tax assets and liabilities and the deferred tax assets and liabilities relate to taxes levied by the same tax authority.

BOWNESS DEVELOPMENTS LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 AUGUST 2025
- 6 -
2
Employees

The average monthly number of persons (including directors) employed by the company during the year was:

2025
2024
Number
Number
Total
1
1
3
Tangible fixed assets
Plant & machinery
£
Cost
At 1 September 2024 and 31 August 2025
1,476
Depreciation and impairment
At 1 September 2024
1,223
Depreciation charged in the year
252
At 31 August 2025
1,475
Carrying amount
At 31 August 2025
1
At 31 August 2024
253
4
Investment property
2025
£
Fair value
At 1 September 2024
1,030,000
Revaluations
60,000
At 31 August 2025
1,090,000

Investment property comprises a number of commercial and residential properties. The fair value of the investment property has been arrived at on the basis of a valuation carried out at 31st August 2025 by the directors. The valuation was made on an open market value basis by reference to market evidence of transaction prices for similar properties.

BOWNESS DEVELOPMENTS LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 AUGUST 2025
- 7 -
5
Financial instruments
2025
2024
£
£
Carrying amount of financial assets
Instruments measured at fair value through profit or loss
29,939
27,832
6
Debtors
2025
2024
Amounts falling due within one year:
£
£
Trade debtors
2,100
2,146
Other debtors
23,265
219
25,365
2,365
7
Creditors: amounts falling due within one year
2025
2024
£
£
Taxation and social security
6,109
5,809
Other creditors
5,100
11,689
11,209
17,498
8
Directors' transactions

The overdrawn directors loan account is being repaid by 31st May 2026.

Description
% Rate
Opening balance
Amounts advanced
Interest charged
Amounts repaid
Closing balance
£
£
£
£
£
Overdrawn directors loan accounts
2.25
-
26,578
227
(3,765)
23,040
-
26,578
227
(3,765)
23,040
2025-08-31 2024-09-01 false false false 24 March 2026 CCH Software CCH Accounts Production 2025.300 No description of principal activity Mrs M Austin Mr S M Austin Mrs T J Barker Mr Michael J Austin Mr M J Austin 01071060 2024-09-01 2025-08-31 01071060 bus:Director1 2024-09-01 2025-08-31 01071060 bus:Director2 2024-09-01 2025-08-31 01071060 bus:Director3 2024-09-01 2025-08-31 01071060 bus:CompanySecretaryDirector1 2024-09-01 2025-08-31 01071060 bus:Director4 2024-09-01 2025-08-31 01071060 bus:CompanySecretary1 2024-09-01 2025-08-31 01071060 bus:RegisteredOffice 2024-09-01 2025-08-31 01071060 2025-08-31 01071060 2024-08-31 01071060 core:PlantMachinery 2025-08-31 01071060 core:PlantMachinery 2024-08-31 01071060 core:CurrentFinancialInstruments core:WithinOneYear 2025-08-31 01071060 core:CurrentFinancialInstruments core:WithinOneYear 2024-08-31 01071060 core:CurrentFinancialInstruments 2025-08-31 01071060 core:CurrentFinancialInstruments 2024-08-31 01071060 core:ShareCapital 2025-08-31 01071060 core:ShareCapital 2024-08-31 01071060 core:RevaluationReserve 2025-08-31 01071060 core:RevaluationReserve 2024-08-31 01071060 core:RetainedEarningsAccumulatedLosses 2025-08-31 01071060 core:RetainedEarningsAccumulatedLosses 2024-08-31 01071060 core:PlantMachinery 2024-09-01 2025-08-31 01071060 2023-09-01 2024-08-31 01071060 core:PlantMachinery 2024-08-31 01071060 2024-08-31 01071060 bus:PrivateLimitedCompanyLtd 2024-09-01 2025-08-31 01071060 bus:SmallCompaniesRegimeForAccounts 2024-09-01 2025-08-31 01071060 bus:FRS102 2024-09-01 2025-08-31 01071060 bus:AuditExemptWithAccountantsReport 2024-09-01 2025-08-31 01071060 bus:FullAccounts 2024-09-01 2025-08-31 xbrli:pure xbrli:shares iso4217:GBP