REGISTERED NUMBER: 00546897 (England and Wales)

BOWERS & JONES LIMITED

Unaudited Financial Statements for the Year Ended 31 December 2025

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

J Owen

Mrs N Owen

Ms J Sommerville

REGISTERED OFFICE:

Units B6-B8

Oxford Street Industrial Estate

Vulcan Road

Bilston

West Midlands

WV14 7LF

REGISTERED NUMBER:

00546897 (England and Wales)

FIXED ASSETS

Intangible assets

4

-

775

Tangible assets

5

1,091,780

1,138,887

1,091,780

1,139,662

CURRENT ASSETS

Stocks

227,665

244,638

Debtors

6

1,966,102

1,902,294

Cash at bank

112,957

109,304

2,306,724

2,256,236

CREDITORS

Amounts falling due within one year

7

1,946,229

1,529,611

NET CURRENT ASSETS

360,495

726,625

TOTAL ASSETS LESS CURRENT LIABILITIES

1,452,275

1,866,287

CREDITORS

Amounts falling due after more than one year

8

284,521

479,089

NET ASSETS

1,167,754

1,387,198

CAPITAL AND RESERVES

Called up share capital

2

2

Retained earnings

1,167,752

1,387,196

1,167,754

1,387,198

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 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 22 September 2026 and were signed on its behalf by:

Mrs N Owen - Director

J Sommerville - Director

1.	STATUTORY INFORMATION

Bowers & Jones 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.

The presentation currency of the financial statements is the Pound Sterling (£).

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.

Software development costs are being amortised evenly over their estimated useful life of five 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.

Freehold property

-

2% on cost

Plant and machinery

-

Straight line over 15 years

Fixtures and fittings

-

10% on cost

Motor vehicles

-

20% on cost

Computer equipment

-

20% Straight Line

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.

Financial instruments

A financial asset or a financial liability is recognised only when the company becomes a party to the contractual provisions of the instrument.

Basic financial instruments are initially recognised at the transaction price, unless the arrangement constitutes a financing transaction, where it is recognised at the present value of the future payments discounted at a market rate of interest for a similar debt instrument.

Other financial instruments are subsequently measured at fair value, with any changes recognised in profit or loss, with the exception of hedging instruments in a designated hedging relationship.

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.

Foreign currencies

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 of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 18 (2024 - 19 ) .

4.	INTANGIBLE FIXED ASSETS

Software

development

costs

£

COST

At 1 January 2025

and 31 December 2025

6,975

AMORTISATION

At 1 January 2025

6,200

Amortisation for year

775

At 31 December 2025

6,975

NET BOOK VALUE

At 31 December 2025

-

At 31 December 2024

775

5.	TANGIBLE FIXED ASSETS

Fixtures

Freehold

Plant and

and

property

machinery

fittings

£

£

£

COST

At 1 January 2025

87,255

2,764,062

56,127

Additions

45,007

5,000

-

At 31 December 2025

132,262

2,769,062

56,127

DEPRECIATION

At 1 January 2025

6,658

1,724,295

43,720

Charge for year

2,645

110,109

1,329

At 31 December 2025

9,303

1,834,404

45,049

NET BOOK VALUE

At 31 December 2025

122,959

934,658

11,078

At 31 December 2024

80,597

1,039,767

12,407

Motor

Computer

vehicles

equipment

Totals

£

£

£

COST

At 1 January 2025

26,210

96,419

3,030,073

Additions

-

22,588

72,595

At 31 December 2025

26,210

119,007

3,102,668

DEPRECIATION

At 1 January 2025

20,094

96,419

1,891,186

Charge for year

5,242

377

119,702

At 31 December 2025

25,336

96,796

2,010,888

NET BOOK VALUE

At 31 December 2025

874

22,211

1,091,780

At 31 December 2024

6,116

-

1,138,887

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

Plant and

Motor

machinery

vehicles

Totals

£

£

£

COST

At 1 January 2025

892,746

26,210

918,956

Transfer to ownership

(129,000

)

-

(129,000

)

At 31 December 2025

763,746

26,210

789,956

DEPRECIATION

At 1 January 2025

217,706

20,094

237,800

Charge for year

36,912

5,242

42,154

Transfer to ownership

(56,979

)

-

(56,979

)

At 31 December 2025

197,639

25,336

222,975

NET BOOK VALUE

At 31 December 2025

566,107

874

566,981

At 31 December 2024

675,040

6,116

681,156

6.

DEBTORS

31.12.25

31.12.24

£

£

Amounts falling due within one year:

Trade debtors

1,278,248

1,296,108

Other debtors

560,906

535,676

Prepayments and accrued income

76,465

20,027

1,915,619

1,851,811

31.12.25

31.12.24

£

£

Amounts falling due after more than one year:

Other debtors

50,483

50,483

Aggregate amounts

1,966,102

1,902,294

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.25

31.12.24

£

£

Bank loans and overdrafts

-

13

Hire purchase contracts

152,473

148,205

Trade creditors

876,142

833,063

Social security and other taxes

22,746

23,267

Other creditors

753,119

440,705

Accrued expenses

138,416

81,022

Deferred government grants

3,333

3,336

1,946,229

1,529,611

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.12.25

31.12.24

£

£

Hire purchase contracts

242,855

434,091

Deferred government grants

41,666

44,998

284,521

479,089

9.	ULTIMATE CONTROLLING PARTY

The ultimate controlling party is the directors.