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Company Registration No. 03536173 (England and Wales)
Howick + Sotiriadi Limited Unaudited accounts for the year ended 31 March 2023
Howick + Sotiriadi Limited Unaudited accounts Contents
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Howick + Sotiriadi Limited Company Information for the year ended 31 March 2023
Directors
Alistair Mark Caizley Howick Konstantina Sotiriadi
Company Number
03536173 (England and Wales)
Registered Office
UNIT 86 188 BAKER STREET LONDON NW1 5TE
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Howick + Sotiriadi Limited Statement of financial position as at 31 March 2023
2023 
2022 
Notes
£ 
£ 
Current assets
Debtors
14,500 
9,310 
Cash at bank and in hand
4,338 
6,702 
18,838 
16,012 
Creditors: amounts falling due within one year
(7,690)
(5,303)
Net current assets
11,148 
10,709 
Total assets less current liabilities
11,148 
10,709 
Creditors: amounts falling due after more than one year
(2,684)
(3,875)
Net assets
8,464 
6,834 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
8,364 
6,734 
Shareholders' funds
8,464 
6,834 
For the year ending 31 March 2023 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 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 and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 18 December 2023 and were signed on its behalf by
Alistair Mark Caizley Howick Director Company Registration No. 03536173
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Howick + Sotiriadi Limited Notes to the Accounts for the year ended 31 March 2023
1
Statutory information
Howick + Sotiriadi Limited is a private company, limited by shares, registered in England and Wales, registration number 03536173. The registered office is UNIT 86, 188 BAKER STREET, LONDON, NW1 5TE.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
25% Straight line
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. 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.
Financial instruments
A financial asset or a financial liability is recognised only when the company becomes a party to the contractual provisions of the instrument. Basic financial instruments are initially recognised at the transaction price, unless the arrangement constitutes a financing transaction, where it is recognised at the present value of the future payments discounted at a market rate of interest for a similar debt instrument. Debt instruments are subsequently measured at amortised cost. Other financial instruments are subsequently measured at fair value, with any changes recognised in profit or loss. Financial assets that are measured at cost or amortised cost are reviewed for objective evidence of impairment at the end of each reporting date. If there is objective evidence of impairment, an impairment loss is recognised in profit or loss immediately. For all equity instruments regardless of significance, and other financial assets that are individually significant, these are assessed individually for impairment. Other financial assets or either assessed individually or grouped on the basis of similar credit risk characteristics. Any reversals of impairment are recognised in profit or loss immediately, to the extent that the reversal does not result in a carrying amount of the financial asset that exceeds what the carrying amount would have been had the impairment not previously been recognised.
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Howick + Sotiriadi Limited Notes to the Accounts for the year ended 31 March 2023
4
Tangible fixed assets
Fixtures & fittings 
£ 
Cost or valuation
At cost 
At 1 April 2022
31,524 
At 31 March 2023
31,524 
Depreciation
At 1 April 2022
31,524 
At 31 March 2023
31,524 
Net book value
At 31 March 2023
- 
5
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
Trade debtors
- 
7,300 
Other debtors
14,500 
2,010 
14,500 
9,310 
6
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
VAT
2,505 
1,357 
Taxes and social security
523 
299 
Other creditors
788 
984 
Loans from directors
3,274 
1,885 
Accruals
600 
778 
7,690 
5,303 
7
Creditors: amounts falling due after more than one year
2023 
2022 
£ 
£ 
Bank loans
2,684 
3,875 
8
Average number of employees
During the year the average number of employees was 1 (2022: 1).
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