REGISTERED NUMBER: 02311633 (England and Wales)

Financial Statements

for the Year Ended 31 August 2025

for

Bowergrange Estates Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

M P Brand

REGISTERED OFFICE:

140 Rayne Road

Braintree

Essex

CM7 2QR

BUSINESS ADDRESS:

18 Coggeshall Road

Braintree

Essex

CM7 9BY

REGISTERED NUMBER:

02311633 (England and Wales)

ACCOUNTANTS:

Baverstocks Group Limited

140 Rayne Road

Braintree

Essex

CM7 2QR

FIXED ASSETS

Tangible assets

4

3,203

3,818

Investment property

5

3,283,109

3,283,109

3,286,312

3,286,927

CURRENT ASSETS

Stocks

-

9,977

Debtors

6

429,713

486,240

Cash at bank and in hand

7,747

16,441

437,460

512,658

CREDITORS

Amounts falling due within one year

7

225,660

219,464

NET CURRENT ASSETS

211,800

293,194

TOTAL ASSETS LESS CURRENT LIABILITIES

3,498,112

3,580,121

CREDITORS

Amounts falling due after more than one year

8

(2,482,162

)

(2,453,235

)

PROVISIONS FOR LIABILITIES

(422,740

)

(422,740

)

NET ASSETS

593,210

704,146

CAPITAL AND RESERVES

Called up share capital

2

2

Fair value reserve

10

1,368,119

1,368,119

Retained earnings

(774,911

)

(663,975

)

SHAREHOLDERS' FUNDS

593,210

704,146

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 August 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 director and authorised for issue on 10 August 2026 and were signed by:

M P Brand - Director

1.	STATUTORY INFORMATION

Bowergrange Estates 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 as modified by the revaluation of certain assets.

Turnover

Turnover represents net invoiced sales plus the value of work done on long term contracts.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Freehold property

-

2% on cost

Plant and machinery

-

25% on reducing balance

Office equipment

-

20% on reducing balance

Computer equipment

-

20% on cost

Investment property

Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

Stocks

Work in progress is valued at the lower of cost and net realisable value.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

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

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.

Long term contracts

Turnover on long term contracts is determined on the basis of the proportion of work completed at the year end to the total contract value and is shown as "recoverable on contracts".

Operating profit includes attributable profit on long term contracts.

Amounts recoverable on contracts are included under debtors due within one year.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 6 (2024 - 6 ) .

4.	TANGIBLE FIXED ASSETS

Freehold

Plant and

Office

Computer

property

machinery

equipment

equipment

Totals

£

£

£

£

£

COST

At 1 September 2024

and 31 August 2025

5,290

22,396

6,140

13,295

47,121

DEPRECIATION

At 1 September 2024

2,968

21,855

5,984

12,496

43,303

Charge for year

106

134

32

343

615

At 31 August 2025

3,074

21,989

6,016

12,839

43,918

NET BOOK VALUE

At 31 August 2025

2,216

407

124

456

3,203

At 31 August 2024

2,322

541

156

799

3,818

5.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 September 2024

and 31 August 2025

3,283,109

NET BOOK VALUE

At 31 August 2025

3,283,109

At 31 August 2024

3,283,109

Fair value at 31 August 2025 is represented by:

£

Valuation in 2015

760,000

Valuation in 2017

555,000

Valuation in 2018

150,000

Valuation in 2021

200,000

Valuation in 2022

39,081

Valuation in 2023

(214,081

)

Valuation in 2024

8,109

Cost

1,785,000

3,283,109

If the investment property had not been revalued it would have been included at the following historical cost:

2025

2024

£

£

Cost

1,785,000

1,785,000

The investment property was valued on an open market basis on 31 August 2025 by the director .

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

1,497

4,271

Recoverable on contracts

-

460,000

Other debtors

14,746

20,329

In a/c: Brand Builders & Property Developers Limited

409,215

-

In A/C: Bowergrange Group

Holdings Limited

1,640

1,640

Directors' loan accounts

2,615

-

429,713

486,240

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Bank loans and overdrafts

8,318

10,056

Other loan

100,000

100,000

Trade creditors

49,275

33,107

Tax

5,677

6,329

Social security and other taxes

45,248

45,193

Other creditors

9,242

10,230

In A/C: Brand Builders & Developers Limited

-

4,614

Directors' loan accounts

-

6,485

Accrued expenses

7,900

3,450

225,660

219,464

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Bank loans - 1-2 years

-

8,286

Octane Capital Loan

2,482,162

2,444,949

2,482,162

2,453,235

9.	SECURED DEBTS

The following secured debts are included within creditors:

2025

2024

£

£

Bank loans

2,490,480

2,463,291

The director has given personal guarantees to the company bankers over the bank loans and overdrafts and the company bankers have security over the company's investment property and development property and land on hand at the balance sheet date.

10.

RESERVES

Fair

value

reserve

£

At 1 September 2024

and 31 August 2025

1,368,119

11.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 August 2025 and 31 August 2024:

2025

2024

£

£

M P Brand

Balance outstanding at start of year

-

-

Amounts advanced

2,615

-

Amounts repaid

-

-

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

2,615

-

The company has not charged interest on the overdrawn directors loan account.

12.	RELATED PARTY DISCLOSURES

The director, M P Brand, is also a director and shareholder in Brand Builders & Developers Limited and the parent company Bowergrange Group Holdings Limited.

During the year there was trading between these companies as follows:

Bowergrange Estates Limited made sales to Brand Builders & Developers Limited amounting to £63,261 (2024:£196,677) (including items recharged by it at cost) and purchased goods from that company amounting to £331,560 (2024:£113,580).

The following inter-company balances are included within debtors:

Bowergrange Group Holdings Limited £1,640 (2024: £1,640).

Brand Builders & Developers Limited £409,215 (2024: Nil).

The following inter-company balance is included within creditors:

Brand Builders & Developers Limited £Nil (2024: £4,614).

No interest is charged on these inter-company balances.

13.	ULTIMATE CONTROLLING PARTY

The ultimate controlling party is the director, Mr M P Brand, through his shareholding in the parent company.