BOWER MATTIN PARTNERSHIP LIMITED

BOWER MATTIN PARTNERSHIP LIMITED - Company Information

2022-01-012022-12-312022-12-31false07490947BOWER MATTIN PARTNERSHIP LIMITED2023-08-1771111iso4217:GBPxbrli:pure074909472022-01-01074909472022-12-31074909472022-01-012022-12-31074909472021-01-01074909472021-12-31074909472021-01-012021-12-3107490947bus:SmallEntities2022-01-012022-12-3107490947bus:AuditExempt-NoAccountantsReport2022-01-012022-12-3107490947bus:FullAccounts2022-01-012022-12-3107490947bus:PrivateLimitedCompanyLtd2022-01-012022-12-3107490947core:WithinOneYear2022-12-3107490947core:AfterOneYear2022-12-3107490947core:WithinOneYear2021-12-3107490947core:AfterOneYear2021-12-3107490947core:ShareCapital2022-12-3107490947core:SharePremium2022-12-3107490947core:RevaluationReserve2022-12-3107490947core:OtherReservesSubtotal2022-12-3107490947core:RetainedEarningsAccumulatedLosses2022-12-3107490947core:ShareCapital2021-12-3107490947core:SharePremium2021-12-3107490947core:RevaluationReserve2021-12-3107490947core:OtherReservesSubtotal2021-12-3107490947core:RetainedEarningsAccumulatedLosses2021-12-3107490947core:LandBuildings2022-12-3107490947core:PlantMachinery2022-12-3107490947core:Vehicles2022-12-3107490947core:FurnitureFittings2022-12-3107490947core:OfficeEquipment2022-12-3107490947core:NetGoodwill2022-12-3107490947core:IntangibleAssetsOtherThanGoodwill2022-12-3107490947core:ListedExchangeTraded2022-12-3107490947core:UnlistedNon-exchangeTraded2022-12-3107490947core:LandBuildings2021-12-3107490947core:PlantMachinery2021-12-3107490947core:Vehicles2021-12-3107490947core:FurnitureFittings2021-12-3107490947core:OfficeEquipment2021-12-3107490947core:NetGoodwill2021-12-3107490947core:IntangibleAssetsOtherThanGoodwill2021-12-3107490947core:ListedExchangeTraded2021-12-3107490947core:UnlistedNon-exchangeTraded2021-12-3107490947core:LandBuildings2022-01-012022-12-3107490947core:PlantMachinery2022-01-012022-12-3107490947core:Vehicles2022-01-012022-12-3107490947core:FurnitureFittings2022-01-012022-12-3107490947core:OfficeEquipment2022-01-012022-12-3107490947core:NetGoodwill2022-01-012022-12-3107490947core:IntangibleAssetsOtherThanGoodwill2022-01-012022-12-3107490947core:ListedExchangeTraded2022-01-012022-12-3107490947core:UnlistedNon-exchangeTraded2022-01-012022-12-3107490947core:MoreThanFiveYears2022-01-012022-12-3107490947core:Non-currentFinancialInstruments2022-12-3107490947core:Non-currentFinancialInstruments2021-12-3107490947dpl:CostSales2022-01-012022-12-3107490947dpl:DistributionCosts2022-01-012022-12-3107490947dpl:AdministrativeExpenses2022-01-012022-12-3107490947core:LandBuildings2022-01-012022-12-3107490947core:PlantMachinery2022-01-012022-12-3107490947core:Vehicles2022-01-012022-12-3107490947core:FurnitureFittings2022-01-012022-12-3107490947core:OfficeEquipment2022-01-012022-12-3107490947core:NetGoodwill2022-01-012022-12-3107490947core:IntangibleAssetsOtherThanGoodwill2022-01-012022-12-3107490947dpl:GroupUndertakings2022-01-012022-12-3107490947dpl:ParticipatingInterests2022-01-012022-12-3107490947dpl:GroupUndertakingscore:ListedExchangeTraded2022-01-012022-12-3107490947core:ListedExchangeTraded2022-01-012022-12-3107490947dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2022-01-012022-12-3107490947core:UnlistedNon-exchangeTraded2022-01-012022-12-3107490947dpl:CostSales2021-01-012021-12-3107490947dpl:DistributionCosts2021-01-012021-12-3107490947dpl:AdministrativeExpenses2021-01-012021-12-3107490947core:LandBuildings2021-01-012021-12-3107490947core:PlantMachinery2021-01-012021-12-3107490947core:Vehicles2021-01-012021-12-3107490947core:FurnitureFittings2021-01-012021-12-3107490947core:OfficeEquipment2021-01-012021-12-3107490947core:NetGoodwill2021-01-012021-12-3107490947core:IntangibleAssetsOtherThanGoodwill2021-01-012021-12-3107490947dpl:GroupUndertakings2021-01-012021-12-3107490947dpl:ParticipatingInterests2021-01-012021-12-3107490947dpl:GroupUndertakingscore:ListedExchangeTraded2021-01-012021-12-3107490947core:ListedExchangeTraded2021-01-012021-12-3107490947dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2021-01-012021-12-3107490947core:UnlistedNon-exchangeTraded2021-01-012021-12-3107490947core:NetGoodwill2022-12-3107490947core:IntangibleAssetsOtherThanGoodwill2022-12-3107490947core:LandBuildings2022-12-3107490947core:PlantMachinery2022-12-3107490947core:Vehicles2022-12-3107490947core:FurnitureFittings2022-12-3107490947core:OfficeEquipment2022-12-3107490947core:AfterOneYear2022-12-3107490947core:WithinOneYear2022-12-3107490947core:ListedExchangeTraded2022-12-3107490947core:UnlistedNon-exchangeTraded2022-12-3107490947core:ShareCapital2022-12-3107490947core:SharePremium2022-12-3107490947core:RevaluationReserve2022-12-3107490947core:OtherReservesSubtotal2022-12-3107490947core:RetainedEarningsAccumulatedLosses2022-12-3107490947core:NetGoodwill2021-12-3107490947core:IntangibleAssetsOtherThanGoodwill2021-12-3107490947core:LandBuildings2021-12-3107490947core:PlantMachinery2021-12-3107490947core:Vehicles2021-12-3107490947core:FurnitureFittings2021-12-3107490947core:OfficeEquipment2021-12-3107490947core:AfterOneYear2021-12-3107490947core:WithinOneYear2021-12-3107490947core:Liste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Registered Number
07490947
(England and Wales)

Unaudited Financial Statements for the Year ended
31 December 2022

BOWER MATTIN PARTNERSHIP LIMITED

Company Information
for the year from 1 January 2022 to 31 December 2022


Directors	T Mattin
	D Shaw
	S Williams


Registered Address	Beechfield House Suite 23 - 24
	Winterton Way
	Macclesfield
	SK11 0LP


Registered Number	07490947 (England and Wales)

BOWER MATTIN PARTNERSHIP LIMITED

Balance Sheet as at
31 December 2022

	Notes	2022		2021
		£	£	£	£
Current assets
Debtors		8,445		8,445
		8,445		8,445
Creditors amounts falling due within one year	9	(45,757)		(36,261)
Net current assets (liabilities)			(37,312)		(27,816)
Total assets less current liabilities			(37,312)		(27,816)
Net assets			(37,312)		(27,816)
Capital and reserves
Called up share capital			99		99
Profit and loss account			(37,411)		(27,915)
Shareholders' funds			(37,312)		(27,816)

The company was entitled to exemption from audit for this reporting period 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 in accordance with the provisions applicable to companies subject to the small companies regime. The directors have chosen to not file a copy of the company’s profit and loss account.

The financial statements were approved and authorised for issue by the Board of Directors on 17 August 2023, and are signed on its behalf by:

T Mattin
Director
Registered Company No. 07490947

BOWER MATTIN PARTNERSHIP LIMITED

Notes to the Financial Statements
for the year ended 31 December 2022

1.	Statutory information
	The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2.	Compliance with applicable reporting framework
	The financial statements have been prepared in compliance with FRS 102 Section 1A as it applies to the financial statements for the period and there were no material departures from the reporting standard.

3.	Basis of measurement used in financial statements
	The accounts have been prepared under the historical cost convention and in accordance with FRS 102, the financial reporting standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).

4.	Accounting policies

	Functional and presentation currency policy
	The financial statements are presented in sterling and this is the functional currency of the company.

	Turnover policy
	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.

	Property, plant and equipment policy
	Tangible fixed assets are stated at cost or valuation less depreciation. Depreciation is provided on all tangible fixed assets as follows:


	Reducing balance (%)	Straight line (years)
Plant and machinery	-	3
Fixtures and fittings	25	-

	Revenue recognition policy
	Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.

Revenue recognition policy

Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.

	Taxation policy
	Income tax expense represents the sum of the tax currently payable and deferred tax. The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the profit and loss account because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The Company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.

Taxation policy

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

The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the profit and loss account because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The Company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.

	Foreign currency translation and operations policy
	Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.

Foreign currency translation and operations policy

Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.

	Going concern
	The company meets day to day working capital requirements from director related entities or the director. The director has undertaken an assessment of whether the company was a going concern when the accounts were prepared, considering all available information about the future, covering a period of 12 months from the date of approval of the accounts. Funds to meet the cashflow requirements are in place and the director does not anticipate any material overspend. The director is therefore satisfied that the going concern assumption remains appropriate.

Going concern

The company meets day to day working capital requirements from director related entities or the director.                                                                                                                                                                     The director has undertaken an assessment of whether the company was a going concern when the accounts were prepared, considering all available information about the future, covering a period of 12 months from the date of approval of the accounts.  Funds to meet the cashflow requirements are in place and the director does not anticipate any material overspend. The director is therefore satisfied that the going concern assumption remains appropriate.

5.	Critical estimates and judgements
	In the application of the company’s accounting policies, the director is required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates. The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised where the revision affects only that period, or in the period of the revision and future periods where the revision affects both current and future periods.

Critical estimates and judgements

In the application of the company’s accounting policies, the director is required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates. 

The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised where the revision affects only that period, or in the period of the revision and future periods where the revision affects both current and future periods.

6.	Employee information


		2022		2021
	Average number of employees during the year	3		3

7.	Property, plant and equipment

	Plant & machinery	Office Equipment	Total
	£	£	£
Cost or valuation
At 01 January 22	9,775	2,392	12,167
At 31 December 22	9,775	2,392	12,167
Depreciation and impairment
At 01 January 22	9,775	2,392	12,167
At 31 December 22	9,775	2,392	12,167
Net book value
At 31 December 22	-	-	-
At 31 December 21	-	-	-

8.	Debtors within one year

	2022	2021
	£	£
Other debtors	8,445	8,445
Total	8,445	8,445


	Short term trade and other debtors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest method, less impairment losses for bad and doubtful debts.

9.	Creditors within one year

	2022	2021
	£	£
Amounts owed to related parties	5,076	3,864
Taxation and social security	7,761	6,692
Other creditors	31,841	24,626
Accrued liabilities and deferred income	1,079	1,079
Total	45,757	36,261


	Short term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

10.	Provisions for liabilities
	Provisions are made where an event has taken place that gives the company a legal or constructive obligation that probably requires settlement by a transfer of economic benefit, and a reliable estimate can be made of going the amount of the obligation. Provisions are charged as an expense to the profit and loss account in the year that the company becomes aware of the obligation and are measured at the best estimate at balance sheet date of the expenditure required to settle the obligation, taking into account relevant risks and uncertainties. When payments are eventually made, they are charged to the provision carried in the balance sheet.

10.

Provisions for liabilities

Provisions are made where an event has taken place that gives the company a legal or constructive obligation that probably requires settlement by a transfer of economic benefit, and a reliable estimate can be made of going the amount of the obligation. 

Provisions are charged as an expense to the profit and loss account in the year that the company becomes aware of the obligation and are measured at the best estimate at balance sheet date of the expenditure required to settle the obligation, taking into account relevant risks and uncertainties. 

When payments are eventually made, they are charged to the provision carried in the balance sheet.