Company Registration No. 13143116 (England and Wales)
Hwb Narberth Ltd
Unaudited accounts
for the year ended 31 January 2024
Hwb Narberth Ltd
Unaudited accounts
Contents
Hwb Narberth Ltd
Company Information
for the year ended 31 January 2024
Directors
James Beaven
Robert Faulkner
Christopher Lees-Price
Company Number
13143116 (England and Wales)
Registered Office
UNIT 16-17 THE SALTERNS
TENBY
SA70 7NJ
WALES
Accountants
Ann Stephens & Co
The Lodge
Allensbank
Narberth
Pembs
SA67 8RF
Hwb Narberth Ltd
Statement of financial position
as at 31 January 2024
Tangible assets
68,328
59,590
Cash at bank and in hand
(8,894)
7,405
Creditors: amounts falling due within one year
(52,833)
(65,729)
Net current liabilities
(55,820)
(47,770)
Total assets less current liabilities
12,508
11,820
Creditors: amounts falling due after more than one year
(12,848)
(19,856)
Net liabilities
(340)
(8,036)
Called up share capital
42
42
Profit and loss account
(382)
(8,078)
Shareholders' funds
(340)
(8,036)
For the year ending 31 January 2024 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 5 March 2024 and were signed on its behalf by
Robert Faulkner
Director
Company Registration No. 13143116
Hwb Narberth Ltd
Notes to the Accounts
for the year ended 31 January 2024
Hwb Narberth Ltd is a private company, limited by shares, registered in England and Wales, registration number 13143116. The registered office is UNIT 16-17 THE SALTERNS, TENBY, SA70 7NJ, WALES.
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
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% reducing balance
Fixtures & fittings
25% reducing balance
Computer equipment
33% reducing balance
4
Tangible fixed assets
Plant & machinery
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 February 2023
10,622
57,882
405
68,909
Additions
-
16,253
-
16,253
At 31 January 2024
10,622
74,135
405
85,162
At 1 February 2023
3,489
5,672
158
9,319
Charge for the year
1,783
5,597
135
7,515
At 31 January 2024
5,272
11,269
293
16,834
At 31 January 2024
5,350
62,866
112
68,328
At 31 January 2023
7,133
52,210
247
59,590
Hwb Narberth Ltd
Notes to the Accounts
for the year ended 31 January 2024
Amounts falling due within one year
Amounts due from group undertakings etc.
(1,054)
14,186
6
Creditors: amounts falling due within one year
2024
2023
Bank loans and overdrafts
7,008
7,008
Trade creditors
5,099
10,509
Taxes and social security
1,713
2,663
Other creditors
1,853
2,757
Loans from directors
33,508
42,792
7
Creditors: amounts falling due after more than one year
2024
2023
8
Average number of employees
During the year the average number of employees was 16 (2023: 16).