Bow Farms Limited - Accounts to registrar (filleted)

REGISTERED NUMBER: 06670136 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 March 2026

for

Bow Farms Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mr R D Norman

Mrs E M Norman

Mr H R Norman

Mr W H Norman

SECRETARY:

Mrs E M Norman

REGISTERED OFFICE:

The Bow

Great Orton

Carlisle

Cumbria

CA5 6EW

REGISTERED NUMBER:

06670136 (England and Wales)

ACCOUNTANTS:

Benson Accountants

Wiza House

Station Road

Wigton

Cumbria

CA7 9BA

FIXED ASSETS

Tangible assets

4

5,462,566

5,548,228

CURRENT ASSETS

Stocks

165,911

513,980

Debtors

5

699,042

688,664

Cash at bank

499,213

336,993

1,364,166

1,539,637

CREDITORS

Amounts falling due within one year

6

591,031

888,258

NET CURRENT ASSETS

773,135

651,379

TOTAL ASSETS LESS CURRENT LIABILITIES

6,235,701

6,199,607

CREDITORS

Amounts falling due after more than one
year

7

(2,628,181

)

(3,144,085

)

PROVISIONS FOR LIABILITIES

(403,843

)

(425,258

)

NET ASSETS

3,203,677

2,630,264

CAPITAL AND RESERVES

Called up share capital

1,000

Retained earnings

3,202,677

2,629,264

3,203,677

2,630,264

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2026 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 10 September 2026 and were signed on its behalf by:

Mr R D Norman - Director

Mrs E M Norman - Director

Mr H R Norman - Director

Mr W H Norman - Director

1.	STATUTORY INFORMATION

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

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.

Plant and machinery

-

15% 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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 6 (2025 - 5 ) .

4.	TANGIBLE FIXED ASSETS

Improvements

Freehold

to

Plant and

property

machinery

Totals

£

COST

At 1 April 2025

3,838,693

8,503

4,514,995

8,362,191

Additions

-

201,110

Disposals

-

(9,720

)

(9,720

)

At 31 March 2026

3,838,693

8,503

4,706,385

8,553,581

DEPRECIATION

At 1 April 2025

-

2,813,963

Charge for year

-

285,066

Eliminated on disposal

-

(8,014

)

(8,014

)

At 31 March 2026

-

3,091,015

NET BOOK VALUE

At 31 March 2026

3,838,693

8,503

1,615,370

5,462,566

At 31 March 2025

3,838,693

8,503

1,701,032

5,548,228

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

Plant and

machinery

£

COST OR VALUATION

Revaluations

103,000

At 31 March 2026

103,000

DEPRECIATION

Charge for year

13,133

Revaluation adjustments

15,450

At 31 March 2026

28,583

NET BOOK VALUE

At 31 March 2026

74,417

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31/3/26

31/3/25

£

Trade debtors

10,706

2,342

Other debtors

688,336

686,322

699,042

688,664

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31/3/26

31/3/25

£

Bank loans and overdrafts

87,552

-

Hire purchase contracts

21,648

-

Trade creditors

231,915

705,536

Taxation and social security

245,301

99,114

Other creditors

4,615

83,608

591,031

888,258

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31/3/26

31/3/25

£

Bank loans

2,606,533

-

Hire purchase contracts

21,648

-

Other creditors

-

3,144,085

2,628,181

3,144,085

8.	SECURED DEBTS

Clydesdale Bank Plc hold a fixed and floating charge over the property of the company.

9.	RELATED PARTY DISCLOSURES

The directors, Mr R D Norman, Mrs E M Norman, Mr H R Norman and Mr W H Norman each have a current account with the company. During the year, there were advances of £70,750 and repayments of £80,000. At the balance sheet date, the directors owed the company £447,110 (2025 - £440,199).

The current accounts are unsecured and repayable on demand. Interest has been charged at a rate of 3.75%.