Company Registration No. 06691907 (England and Wales)
HOWTECH INSTALLATIONS LIMITED
Unaudited accounts
for the year ended 30 September 2023
HOWTECH INSTALLATIONS LIMITED
Unaudited accounts
Contents
HOWTECH INSTALLATIONS LIMITED
Company Information
for the year ended 30 September 2023
Directors
Mr Ian Charles Howlett
Mrs Kerry Howlett
Company Number
06691907 (England and Wales)
Registered Office
BEECH HOUSE 23 LADIES LANE
HINDLEY
WIGAN
WN2 2QA
Accountants
P A Hull & Co
Beech House
23 Ladies Lane
Hindley, Wigan
Lancashire
WN2 2QA
Chartered Accountants' report to the board of directors on the preparation of the unaudited statutory accounts of HOWTECH INSTALLATIONS LIMITED for the year ended 30 September 2023
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of
HOWTECH INSTALLATIONS LIMITED for the year ended
30 September 2023 as set out on pages
5 -
7 from the company's accounting records and from information and explanations you have given us.
As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at icaew.com/membershandbook.
This report is made solely to the Board of Directors of HOWTECH INSTALLATIONS LIMITED, as a body, in accordance with the terms of our engagement letter dated 15 April 2024. Our work has been undertaken solely to prepare for your approval the accounts of HOWTECH INSTALLATIONS LIMITED and state those matters that we have agreed to state to the Board of Directors of HOWTECH INSTALLATIONS LIMITED, as a body, in this report in accordance with AAF 07/16 as detailed at icaew.com/compilation. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than HOWTECH INSTALLATIONS LIMITED and its Board of Directors as a body for our work or for this report.
It is your duty to ensure that HOWTECH INSTALLATIONS LIMITED has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit of HOWTECH INSTALLATIONS LIMITED. You consider that HOWTECH INSTALLATIONS LIMITED is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the accounts of HOWTECH INSTALLATIONS LIMITED. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.
P A Hull & Co
Chartered Accountants
Beech House
23 Ladies Lane
Hindley, Wigan
Lancashire
WN2 2QA
15 April 2024
HOWTECH INSTALLATIONS LIMITED
Statement of financial position
as at 30 September 2023
Tangible assets
2,650
3,534
Cash at bank and in hand
39,995
66,025
Creditors: amounts falling due within one year
(52,375)
(59,843)
Net current assets
977
19,994
Total assets less current liabilities
3,627
23,528
Provisions for liabilities
Called up share capital
100
100
Profit and loss account
3,023
22,757
Shareholders' funds
3,123
22,857
For the year ending 30 September 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 15 April 2024 and were signed on its behalf by
Mr Ian Charles Howlett
Director
Company Registration No. 06691907
HOWTECH INSTALLATIONS LIMITED
Notes to the Accounts
for the year ended 30 September 2023
HOWTECH INSTALLATIONS LIMITED is a private company, limited by shares, registered in England and Wales, registration number 06691907. The registered office is BEECH HOUSE 23 LADIES LANE, HINDLEY, WIGAN, WN2 2QA.
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
Motor vehicles
25% reducing balance
Computer equipment
25% reducing balance
4
Tangible fixed assets
Plant & machinery
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 October 2022
4,497
2,538
7,035
At 30 September 2023
4,497
2,538
7,035
At 1 October 2022
1,666
1,835
3,501
Charge for the year
708
176
884
At 30 September 2023
2,374
2,011
4,385
At 30 September 2023
2,123
527
2,650
At 30 September 2022
2,831
703
3,534
HOWTECH INSTALLATIONS LIMITED
Notes to the Accounts
for the year ended 30 September 2023
Amounts falling due within one year
Trade debtors
13,272
13,733
Accrued income and prepayments
85
79
6
Creditors: amounts falling due within one year
2023
2022
Bank loans and overdrafts
19,275
22,368
Trade creditors
6,966
5,788
Taxes and social security
6,406
11,269
Loans from directors
6,352
5,132
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100
100
8
Average number of employees
During the year the average number of employees was 2 (2022: 2).