Bowden2 Ltd - Abbreviated accounts

Registered number

08443452

Bowden2 Ltd

Abbreviated Accounts

31 March 2016

Bowden2 Ltd
Registered number:		08443452
Abbreviated Balance Sheet
as at 31 March 2016

Notes			2016			2015
£				£
Fixed assets
Tangible assets	3		-			2,280

Current assets
Debtors		3,480			3,767
Cash at bank and in hand		16,389			6,313
		19,869			10,080

Creditors: amounts falling due within one year		(19,769)			1,257

Net current assets			100			11,337

Net assets			100			13,617

Capital and reserves
Called up share capital	4		100			100
Profit and loss account			-			13,517

Shareholders' funds			100			13,617

The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared in accordance with the provisions in Part 15 of the Companies Act 2006 applicable to companies subject to the small companies regime.



Martin Bowden
Director
Approved by the board on 19 September 2016

Bowden2 Ltd
Notes to the Abbreviated Accounts
for the year ended 31 March 2016

1	Accounting policies

	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015).

	Turnover
	Turnover represents the value, net of value added tax and discounts, of goods provided to customers and work carried out in respect of services provided to customers.

	Depreciation
	Depreciation is provided on all tangible fixed assets at rates aligned with HMRC Capital Allowances, including the Annual Investment Allowance (AIA). The principal rates in use are: A) Fixtures and fittings Expenditure within AIA - 100%; outside AIA - 18% Reducing Balance Method (RBM) B) Plant, equipment and machinery expenditure within AIA - 100%; outside AIA - 18% RBM C) Vehicles within AIA (eg vans) - 100% ; outside AIA (eg pool cars under 130gms/km) - 18% RBM; outside AIA (eg pool cars over 130gms/km) - 8% RBM D) Other expenditure - 18% RBM

	Deferred taxation
	The company has a policy of depreciating assets in line with HMRC rates of tax relief. There is therefore no timing difference on capital allowances. There is therefore no need for a deferred taxation provision.


2	Intangible fixed assets					£

	Cost
	At 1 April 2015					30,000
	At 31 March 2016					30,000

	Amortisation
	At 1 April 2015					30,000
	At 31 March 2016					30,000

	Net book value
	At 31 March 2016					-


3	Tangible fixed assets					£

	Cost
	At 1 April 2015					2,844
	At 31 March 2016					-

	Depreciation
	At 1 April 2015					564
	Charge for the year					-
	At 31 March 2016					-

	Net book value
	At 31 March 2016					-
	At 31 March 2015					2,280


4	Share capital	Nominal		2016		2016		2015
value			Number		£		£
	Allotted, called up and fully paid:
	Ordinary shares	£1 each		100		100		100