Registered Number
:
08013308
|
For the year ended 31 March 2017
England and Wales
Unaudited Financial Statements
For the year ended 31 March 2017
Bowron Leathers Limited
Contents Page
1
Statement of Financial Position
2 to 3
Notes to the Financial Statements
Bowron Leathers Limited
Statement of Financial Position
2016
2017
6,993
6,021
2
Trade and other receivables
|
10,812
17,061
3
40
Cash and cash equivalents
|
40
23,122
17,845
Trade and other payables
:
amounts falling due within one
|
year
|
(27,137)
(30,897)
4
(9,292)
(7,775)
Net current liabilities
Total assets less current liabilities
|
(7,775)
(9,292)
(7,775)
Net liabilities
(9,292)
100
100
(7,875)
(9,392)
(7,775)
(9,292)
Shareholders' funds
For the year ended 31 March 2017 the company was entitled to exemption from audit under Section 477 of the Companies Act 2006 relating to small companies.
|
The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2017 in accordance with Section 476 of the Companies Act 2006
|
The director acknowledges his responsibilities for:a) ensuring that the company keeps proper 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 Section
|
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
.
|
In accordance with Section
444
of the Companies Act
2006
,
the Income Statement has not been delivered
.
|
The financial statements have been prepared and delivered in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.
|
Ronald Terrance Bowie Director
|
These financial statements were approved and authorised for issue by the Board on 28 December 2017 and were signed by:
|
The notes form part of these financial statements
|
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For the year ended 31 March 2017
Bowron Leathers Limited
Notes to the Financial Statements
Statutory Information
Bowron Leathers Limited is a private limited company
,
limited by shares
,
domiciled in England and Wales
,
registration
|
number
08013308
.
|
Principal place of business
:
|
166 Cozens Road
Ware
Hertfordshire
SG12 7HX
55 The Maltings
Roydon Road
Stanstead Abbotts
Hertfordshire
SG12 8HG
The presentation currency is £ sterling
.
|
Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section
1
A of Financial
|
Reporting Standard
102
'
The Financial Reporting Standard applicable in the UK and Republic of Ireland
'
and the
|
Companies Act
2006
.
The financial statements have been prepared under the historical costs convention as
|
modified by the revaluation of certain assets and on a going concern basis
.
|
The company
'
s ongoing activities are dependent upon the continued support of the director who has undertaken to
|
provide such support for the foreseeable future
.
|
Revenue recognition
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.
|
Inventories
Stocks are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow moving items.
|
Foreign currencies
Monetary assets and liabilities denominated in foreign currencies are translated into sterling at the rate of exchange ruling at the balance sheet date. Transactions in foreign currencies are recorded at the rate ruling at the date of the transaction. All foreign exchange differences are included to the profit and loss account.
|
2016
2017
6,021
6,993
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For the year ended 31 March 2017
Bowron Leathers Limited
Notes to the Financial Statements Continued
3
.
Trade and other receivables
|
2016
2017
17,061
10,663
-
149
10,812
17,061
4
.
Trade and other payables
:
amounts falling due within one year
|
2016
2017
5,686
6,209
16,806
9,051
Taxation and social security
|
5,470
3,803
Accruals and deferred income
|
825
825
Directors
'
current accounts
|
2,110
7,249
30,897
27,137
5
.
Related party transactions
|
A salary of £12,484 was paid to the director, Mr R T Bowie, in the current year.
3 of 3