Bowers Promotions Limited - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 09379624 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31st March 2019

for

Bowers Promotions Limited

Page

Abridged Balance Sheet

1

Notes to the Financial Statements

2

FIXED ASSETS

Tangible assets

5

236

-

Investments

6

196,447

250,829

196,683

250,829

CURRENT ASSETS

Debtors

103,971

35,866

Cash at bank and in hand

145,960

123,810

249,931

159,676

CREDITORS

Amounts falling due within one year

377,295

363,892

NET CURRENT LIABILITIES

(127,364

)

(204,216

)

TOTAL ASSETS LESS CURRENT LIABILITIES

69,319

46,613

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

69,219

46,513

SHAREHOLDERS' FUNDS

69,319

46,613

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st March 2019.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st March 2019 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.

All the members have consented to the preparation of an abridged Balance Sheet for the year ended 31st March 2019 in accordance with Section 444(2A) of the Companies Act 2006.

In accordance with Section 444 of the Companies Act 2006, the Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors on 23rd December 2019 and were signed on its behalf by:

Ms K Bowers - Director

1.	STATUTORY INFORMATION

Bowers Promotions Limited is a private company, limited by shares , registered in England and Wales. The

company's registered number and registered office address are as below:

Registered number:

09379624

Registered office:

Kings Lodge

London Road

West Kingsdown

Sevenoaks

Kent

TN15 6AR

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

2.	STATEMENT OF COMPLIANCE

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.

3.	ACCOUNTING POLICIES

Basis of preparing the financial statements

The financial statements have been prepared under the historical cost convention.

Revenue recognition

Revenue from the sale of boxing event is recognised at the point at which the goods have been delivered to the

customer.

Revenue from the sale of rental services is recognised at the point at which those services have been provided to

the customer. Where payments are received from customers in advance of services provided, the amounts are

recorded as deferred income and included as part of creditors due within one year.

Rental income from operating leases (net of any incentives given to the lessees) is recognised when the right to

receive payment is established.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Computer equipment

-

33% on cost

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and

Retained Earnings, 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.

4.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2018 - 2 ) .

5.	TANGIBLE FIXED ASSETS

Totals

£

COST

At 1st April 2018

808

Additions

354

At 31st March 2019

1,162

DEPRECIATION

At 1st April 2018

808

Charge for year

118

At 31st March 2019

926

NET BOOK VALUE

At 31st March 2019

236

At 31st March 2018

-

6.	FIXED ASSET INVESTMENTS

The balance held within Fixed Asset Investment represents the LLP’s capital account outstanding as at the

balance sheet date in RDM Environmental Solutions LLP, Dalwood LLP and Assets and Investments LLP.

7.	RELATED PARTY DISCLOSURES

During the year under review, the company has been a corporate partner in RDM Environmental Solutions LLP,

Dalwood Investments LLP and Assets and Investments LLP. As at the balance sheet date, the fixed asset

investment of £109,574 (2018: £163,956) is made up of £51,095 (2018: £105,477) in RDM Environmental

Solutions LLP, £14,632 (2018: £14,632) in Dalwood Investments LLP and £43,847 (2018: £43,847) in Assets and

Investments LLP.