Bowness Properties Ltd - Accounts to registrar (filleted) - small 18.2
Bowness Properties Ltd - Accounts to registrar (filleted) - small 18.2
| REGISTERED NUMBER: |
| FINANCIAL STATEMENTS FOR THE YEAR ENDED 30TH APRIL 2021 |
| FOR |
| BOWNESS PROPERTIES LTD |
| BOWNESS PROPERTIES LTD (REGISTERED NUMBER: 01303449) |
| CONTENTS OF THE FINANCIAL STATEMENTS |
| FOR THE YEAR ENDED 30TH APRIL 2021 |
| Page |
| Company Information | 1 |
| Balance Sheet | 2 |
| Notes to the Financial Statements | 4 |
| BOWNESS PROPERTIES LTD |
| COMPANY INFORMATION |
| FOR THE YEAR ENDED 30TH APRIL 2021 |
| DIRECTORS: |
| SECRETARY: |
| REGISTERED OFFICE: |
| REGISTERED NUMBER: |
| ACCOUNTANTS: |
| Chartered Accountants and Business Advisers |
| 7 Victoria Road |
| Darlington |
| Co. Durham |
| DL1 5SN |
| BANKERS: |
| 49 High Street |
| Stockton on Tees |
| Cleveland |
| TS18 1AH |
| SOLICITORS: |
| Westgate House |
| Faverdale Road |
| Darlington |
| Co Durham |
| DL3 0PZ |
| BOWNESS PROPERTIES LTD (REGISTERED NUMBER: 01303449) |
| BALANCE SHEET |
| 30TH APRIL 2021 |
| 2021 | 2020 |
| Notes | £ | £ | £ | £ |
| FIXED ASSETS |
| Investment property | 4 |
| CURRENT ASSETS |
| Debtors | 5 |
| Cash at bank |
| CREDITORS |
| Amounts falling due within one year | 6 |
| NET CURRENT ASSETS |
| TOTAL ASSETS LESS CURRENT LIABILITIES |
| CREDITORS |
| Amounts falling due after more than one year |
7 |
( |
) |
( |
) |
| PROVISIONS FOR LIABILITIES | ( |
) | ( |
) |
| NET ASSETS |
| CAPITAL AND RESERVES |
| Called up share capital | 8 |
| Fair value reserve | 9 |
| Retained earnings |
| SHAREHOLDERS' FUNDS |
| 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. |
| BOWNESS PROPERTIES LTD (REGISTERED NUMBER: 01303449) |
| BALANCE SHEET - continued |
| 30TH APRIL 2021 |
| 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 |
| BOWNESS PROPERTIES LTD (REGISTERED NUMBER: 01303449) |
| NOTES TO THE FINANCIAL STATEMENTS |
| FOR THE YEAR ENDED 30TH APRIL 2021 |
| 1. | STATUTORY INFORMATION |
| Bowness Properties Ltd is a |
| 2. | ACCOUNTING POLICIES |
| Basis of preparing the financial statements |
| Turnover |
| Turnover represents rental income receivable excluding value added tax. |
| 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. |
| 3. | EMPLOYEES AND DIRECTORS |
| The average number of employees during the year was |
| 4. | INVESTMENT PROPERTY |
| Total |
| £ |
| FAIR VALUE |
| At 1st May 2020 |
| Additions |
| Disposals | ( |
) |
| At 30th April 2021 |
| NET BOOK VALUE |
| At 30th April 2021 |
| At 30th April 2020 |
| Fair value at 30th April 2021 is represented by: |
| £ |
| Valuation in 1991 | 565,870 |
| Valuation in 2017 | 140,564 |
| Cost | 96,066 |
| 802,500 |
| BOWNESS PROPERTIES LTD (REGISTERED NUMBER: 01303449) |
| NOTES TO THE FINANCIAL STATEMENTS - continued |
| FOR THE YEAR ENDED 30TH APRIL 2021 |
| 5. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 2021 | 2020 |
| £ | £ |
| Trade debtors |
| Other debtors |
| 6. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 2021 | 2020 |
| £ | £ |
| Taxation and social security |
| Other creditors |
| 7. | CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR |
| 2021 | 2020 |
| £ | £ |
| Other creditors |
| 8. | CALLED UP SHARE CAPITAL |
| Allotted, issued and fully paid: |
| Number: | Class: | Nominal | 2021 | 2020 |
| value: | £ | £ |
| Ordinary | 1 | 80 | 80 |
| 9. | RESERVES |
| Fair |
| value |
| reserve |
| £ |
| At 1st May 2020 |
| Transfer Between Reserves | (1,544,306 | ) |
| At 30th April 2021 |
| BOWNESS PROPERTIES LTD (REGISTERED NUMBER: 01303449) |
| NOTES TO THE FINANCIAL STATEMENTS - continued |
| FOR THE YEAR ENDED 30TH APRIL 2021 |
| 10. | RELATED PARTY DISCLOSURES |
| Loan from a director and shareholder in the company - £12,332 |
| Loan from a shareholder in the company - £699,052 |
| 11. | ULTIMATE CONTROLLING PARTY |
| The controlling party is Mrs A M Todd. |