REGISTERED NUMBER: 06706871 (England and Wales)

Unaudited Financial Statements for the Year Ended 30 September 2025

for

Bowe Dairy Farming Company Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mr G M Bowe

Mrs D Bowe

REGISTERED OFFICE:

Wiza House

Station Road

Wigton

Cumbria

CA7 9BA

REGISTERED NUMBER:

06706871 (England and Wales)

ACCOUNTANTS:

Benson Accountants

Wiza House

Station Road

Wigton

Cumbria

CA7 9BA

FIXED ASSETS

Intangible assets

4

-

-

Tangible assets

5

4,737,269

4,597,134

Investments

6

40,000

40,000

4,777,269

4,637,134

CURRENT ASSETS

Stocks

7

1,299,443

1,385,643

Debtors

8

425,903

476,195

1,725,346

1,861,838

CREDITORS

Amounts falling due within one year

9

998,989

1,605,760

NET CURRENT ASSETS

726,357

256,078

TOTAL ASSETS LESS CURRENT LIABILITIES

5,503,626

4,893,212

CREDITORS

Amounts falling due after more than one year

10

(3,325,030

)

(3,135,574

)

PROVISIONS FOR LIABILITIES

(359,805

)

(487,828

)

NET ASSETS

1,818,791

1,269,810

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

1,818,691

1,269,710

SHAREHOLDERS' FUNDS

1,818,791

1,269,810

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 2025 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

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

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 24 March 2026 and were signed on its behalf by:

Mr G M Bowe - Director

Mrs D Bowe - Director

1.	STATUTORY INFORMATION

Bowe Dairy Farming Company Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

BPS entitlements are being amortised evenly over their estimated useful life of four years.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.

Improvements to property

-

10% on reducing balance

Plant and machinery

-

20% on reducing balance

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Hire purchase and leasing commitments

Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

Herd basis

The animals comprised in the production herd are valued at cost, with replacements valued at original cost of the animals they replace. Additional animals are valued at cost when transferred to the herd.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 12 (2024 - 17 ) .

4.	INTANGIBLE FIXED ASSETS

BPS

entitlements

£

COST

At 1 October 2024

and 30 September 2025

81,520

AMORTISATION

At 1 October 2024

and 30 September 2025

81,520

NET BOOK VALUE

At 30 September 2025

-

At 30 September 2024

-

5.	TANGIBLE FIXED ASSETS

Improvements

Freehold

to

Plant and

property

property

machinery

Totals

£

£

£

£

COST

At 1 October 2024

2,803,903

390,626

3,129,208

6,323,737

Additions

-

261,902

294,425

556,327

At 30 September 2025

2,803,903

652,528

3,423,633

6,880,064

DEPRECIATION

At 1 October 2024

-

115,329

1,611,274

1,726,603

Charge for year

-

53,720

362,472

416,192

At 30 September 2025

-

169,049

1,973,746

2,142,795

NET BOOK VALUE

At 30 September 2025

2,803,903

483,479

1,449,887

4,737,269

At 30 September 2024

2,803,903

275,297

1,517,934

4,597,134

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Plant and

machinery

£

COST

At 1 October 2024

708,319

Additions

144,298

Transfer to ownership

(292,725

)

At 30 September 2025

559,892

DEPRECIATION

At 1 October 2024

354,347

Charge for year

28,860

Transfer to ownership

(152,908

)

At 30 September 2025

230,299

NET BOOK VALUE

At 30 September 2025

329,593

At 30 September 2024

353,972

6.	FIXED ASSET INVESTMENTS

Other

investments

£

COST

At 1 October 2024

and 30 September 2025

40,000

NET BOOK VALUE

At 30 September 2025

40,000

At 30 September 2024

40,000

7.

STOCKS

30/9/25

30/9/24

£

£

Stocks

1,299,443

1,385,643

8.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30/9/25

30/9/24

£

£

Trade debtors

322,718

312,138

Other debtors

103,185

164,057

425,903

476,195

9.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30/9/25

30/9/24

£

£

Bank loans and overdrafts

441,656

422,516

Hire purchase contracts

97,921

154,256

Trade creditors

408,513

994,826

Taxation and social security

7,291

4,199

Other creditors

43,608

29,963

998,989

1,605,760

10.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

30/9/25

30/9/24

£

£

Bank loans

3,277,448

3,065,133

Hire purchase contracts

47,582

70,441

3,325,030

3,135,574

11.	SECURED DEBTS

The following secured debts are included within creditors:

30/9/25

30/9/24

£

£

Bank overdrafts

134,960

269,710

Bank loans

3,584,144

3,217,939

Hire purchase contracts

145,503

224,697

3,864,607

3,712,346

12.	RELATED PARTY DISCLOSURES

The company was under the control of its directors, Mr G M Bowe and Mrs D Bowe, throughout the current and previous period.

At 30 September 2025, the company owed the directors £34,410 (2024 - £20,903).