BOWHOUSE GROUP LIMITED


Directors	Ian Fleming
	Mark Kinnell


Registered Address	Unit 5b Auchterderran Road
	Lochgelly
	KY5 9HF


Registered Number	SC621027 (Scotland)

Balance Sheet as at
31 December 2025

	Notes	2025		2024
		£	£	£	£
Fixed assets
Tangible assets	3		1,612,981		1,608,305
Investments	4		167,246		167,246
			1,780,227		1,775,551
Current assets
Debtors	5	109,883		56,524
Cash at bank and on hand		14,026		198
		123,909		56,722
Creditors amounts falling due within one year	6	(240,843)		(131,165)
Net current assets (liabilities)			(116,934)		(74,443)
Total assets less current liabilities			1,663,293		1,701,108
Creditors amounts falling due after one year	7		(1,391,980)		(1,271,174)
Provisions for liabilities			(11,514)		(12,924)
Net assets			259,799		417,010
Capital and reserves
Called up share capital			1,000		1,000
Profit and loss account			258,799		416,010
Shareholders' funds			259,799		417,010

The company was entitled to exemption from audit for this reporting period 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 in accordance with the provisions applicable to companies subject to the small companies regime.
The directors have chosen to not file a copy of the company’s profit and loss account under section 444 (5A) Companies Act 2006.

The financial statements were approved and authorised for issue by the Board of Directors on 3 June 2026, and are signed on its behalf by:

Ian Fleming
Director

Mark Kinnell
Director

Registered Company No. SC621027

BOWHOUSE GROUP LIMITED

Notes to the Financial Statements
for the year ended 31 December 2025

1.	Accounting policies

	Statutory information
	The company is a private company limited by shares and registered in Scotland. The company's registered number and registered office address can be found on the Company Information page.

	Statement of compliance
	The financial statements have been prepared in compliance with FRS 102 Section 1A as it applies to the financial statements for the period and there were no material departures from the reporting standard.

	Going concern
	The financial statements have been prepared on the going concern basis. The directors finds it appropriate for the financial statements to be prepared on this basis despite the net current liability position of the company. The company is reliant upon the continued support of the directors who have confirmed that they will continue to support the company as required.

	Turnover policy
	Income represents rents receivable in the year.

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

	Current taxation
	Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.

	Deferred tax
	Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

Deferred tax

Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 

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. 

Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. 

Current and deferred tax assets and liabilities are not discounted.

	Tangible fixed assets and depreciation
	Tangible fixed assets are stated at cost or valuation. No depreciation is currently being charged.

	Investments
	Investments in subsidiary undertakings are recognised at cost.

2.	Average number of employees


		2025		2024
	Average number of employees during the year	2		2

3.	Tangible fixed assets

	Land & buildings	Total
	£	£
Cost or valuation
At 01 January 25	1,608,305	1,608,305
Additions	4,676	4,676
At 31 December 25	1,612,981	1,612,981
Net book value
At 31 December 25	1,612,981	1,612,981
At 31 December 24	1,608,305	1,608,305

4.	Fixed asset investments
	The company owns 100% of the issues share capital of Owen Buchanan Builders Limited which is incorporated in Scotland.

	Investments in groups¹	Total
	£	£
Cost or valuation
At 01 January 25	167,246	167,246
At 31 December 25	167,246	167,246
Net book value
At 31 December 25	167,246	167,246
At 31 December 24	167,246	167,246

	Notes
	¹Investments in group undertakings and participating interests

5.	Debtors: amounts due within one year

	2025	2024
	£	£
Trade debtors / trade receivables	61,634	1,040
Other debtors	46,000	55,201
Prepayments and accrued income	2,249	283
Total	109,883	56,524

6.	Creditors: amounts due within one year

	2025	2024
	£	£
Trade creditors / trade payables	36,081	-
Bank borrowings and overdrafts	89,121	89,121
Other creditors	102,523	30,051
Accrued liabilities and deferred income	13,118	11,993
Total	240,843	131,165

7.	Creditors: amounts due after one year

	2025	2024
	£	£
Bank borrowings and overdrafts	862,106	874,779
Other creditors	529,874	396,395
Total	1,391,980	1,271,174


	Atom Bank plc hold a floating charge, fixed charge and security over the land and buildings.