Bown Of London Limited

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—5

Registered number: 10226023

		2026		2025
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		1,244		2,699

			1,244		2,699
CURRENT ASSETS
Stocks	5	281,602		298,689
Debtors	6	51,031		86,887
Cash at bank and in hand		149,485		7,179

		482,118		392,755
Creditors: Amounts Falling Due Within One Year	7	(201,109 )		(197,792 )

NET CURRENT ASSETS (LIABILITIES)			281,009		194,963

TOTAL ASSETS LESS CURRENT LIABILITIES			282,253		197,662

Creditors: Amounts Falling Due After More Than One Year	8		-		(3,722 )

PROVISIONS FOR LIABILITIES
Deferred Taxation			(311 )		-

NET ASSETS			281,942		193,940

CAPITAL AND RESERVES
Called up share capital	9		150,100		150,100
Profit and Loss Account			131,842		43,840

SHAREHOLDERS' FUNDS			281,942		193,940

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Bown Of London Limited

Balance Sheet (continued)

As At 31 March 2026

For the year ending 31 March 2026 the company was entitled to exemption from audit 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 and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

On behalf of the board

Mr Ross Thompson

Director

27/08/2026

The notes on pages 3 to 5 form part of these financial statements.

1. General Information

Bown Of London Limited is a private company, limited by shares, incorporated in England & Wales, registered number 10226023 . The registered office is Centurion House, London Road, Staines-Upon-Thames, Surrey, TW18 4AX.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

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

2.2. Turnover

Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.

2.3. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Plant & Machinery	On a straight line over over five years.
Computer Equipment	On a straight line over over four years.

2.4. Stocks and Work in Progress

Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.

2.5. Foreign Currencies

Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate ruling on the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.

2.6. Taxation

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

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 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.

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Bown Of London Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2026

2.7. Pensions

A defined contribution plan is a pension plan under which fixed contributions are paid into a pension fund and the company has no legal or constructive obligation to pay further contributions even if the fund does not hold sufficient assets to pay all employees the benefits relating to employee service in the current and prior periods.

Contributions to defined contribution plans are recognised as employee benefit expense when they are due. If contribution payments exceed the contribution due for service, the excess is recognised as a prepayment.

2.8. Short term debtors and creditors

Short term debtors and creditors with no stated interest rate are recorded at transaction price. Any losses arising from impairment are recognised in the profit and loss account.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 2 (2025: 2)

4. Tangible Assets

	Computer Equipment
	£
Cost
As at 1 April 2025	7,039

As at 31 March 2026	7,039

Depreciation
As at 1 April 2025	4,340
Provided during the period	1,455

As at 31 March 2026	5,795

Net Book Value
As at 31 March 2026	1,244

As at 1 April 2025	2,699

5. Stocks

	2026	2025
	£	£
Finished goods	281,602	298,689

6. Debtors

	2026	2025
	£	£
Due within one year
Trade debtors	3,758	-
Other debtors	47,273	86,887

	51,031	86,887

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Bown Of London Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2026

7. Creditors: Amounts Falling Due Within One Year

	2026	2025
	£	£
Trade creditors	30,702	49,250
Bank loans and overdrafts	3,549	10,414
Amounts owed to participating interests	44,228	53,487
Other creditors	90,468	82,792
Taxation and social security	32,162	1,849

	201,109	197,792

8. Creditors: Amounts Falling Due After More Than One Year

	2026	2025
	£	£
Bank loans	-	3,722

9. Share Capital

	2026	2025
	£	£
Allotted, Called up and fully paid	150,100	150,100

10. Related Party Transactions

At the balance sheet date the company owed £44,228 (2025 - £53,487) to Giftpoint Ltd, a company in which Mr R Thompson is also a director.

During the year the company incurred consultancy fees of £85,672 (2025: £55,000) from the director, Ross Thompson.

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