REGISTERED NUMBER: |
Unaudited Financial Statements |
for the Period 1 December 2021 to 31 May 2023 |
for |
Howson Interiors Limited |
T/A |
Lakeland Kitchens |
REGISTERED NUMBER: |
Unaudited Financial Statements |
for the Period 1 December 2021 to 31 May 2023 |
for |
Howson Interiors Limited |
T/A |
Lakeland Kitchens |
Howson Interiors Limited (Registered number: 05468342) |
T/A Lakeland Kitchens |
Contents of the Financial Statements |
for the Period 1 December 2021 to 31 May 2023 |
Page |
Company Information | 1 |
Balance Sheet | 2 |
Notes to the Financial Statements | 4 |
Howson Interiors Limited |
T/A Lakeland Kitchens |
Company Information |
for the Period 1 December 2021 to 31 May 2023 |
DIRECTORS: |
SECRETARY: |
REGISTERED OFFICE: |
REGISTERED NUMBER: |
Howson Interiors Limited (Registered number: 05468342) |
T/A Lakeland Kitchens |
Balance Sheet |
31 May 2023 |
2023 | 2021 |
Notes | £ | £ | £ | £ |
FIXED ASSETS |
Intangible assets | 4 |
Tangible assets | 5 |
CURRENT ASSETS |
Stocks |
Debtors | 6 |
Prepayments and accrued income |
Cash at bank and in hand |
CREDITORS |
Amounts falling due within one year | 7 |
NET CURRENT LIABILITIES | ( |
) | ( |
) |
TOTAL ASSETS LESS CURRENT LIABILITIES |
( |
) |
( |
) |
CREDITORS |
Amounts falling due after more than one year |
8 |
( |
) |
( |
) |
PROVISIONS FOR LIABILITIES | ( |
) |
NET LIABILITIES | ( |
) | ( |
) |
CAPITAL AND RESERVES |
Called up share capital |
Share premium |
Retained earnings | ( |
) | ( |
) |
( |
) | ( |
) |
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. |
Howson Interiors Limited (Registered number: 05468342) |
T/A Lakeland Kitchens |
Balance Sheet - continued |
31 May 2023 |
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered. |
The financial statements were approved by the Board of Directors and authorised for issue on |
Howson Interiors Limited (Registered number: 05468342) |
T/A Lakeland Kitchens |
Notes to the Financial Statements |
for the Period 1 December 2021 to 31 May 2023 |
1. | STATUTORY INFORMATION |
Howson Interiors Limited is a |
2. | ACCOUNTING POLICIES |
Basis of preparing the financial statements |
Turnover |
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. |
Goodwill |
Intangible assets |
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses. |
Tangible fixed assets |
Short leasehold | - |
Display stock | - |
Plant and machinery | - |
Fixtures and fittings | - |
Motor vehicles | - |
Computer equipment | - |
Stocks |
Work in progress is valued at the lower of cost and net realisable value. |
Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition. |
Hire purchase and leasing commitments |
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease. |
3. | EMPLOYEES AND DIRECTORS |
The average number of employees during the period was |
Howson Interiors Limited (Registered number: 05468342) |
T/A Lakeland Kitchens |
Notes to the Financial Statements - continued |
for the Period 1 December 2021 to 31 May 2023 |
4. | INTANGIBLE FIXED ASSETS |
Goodwill | Website | Totals |
£ | £ | £ |
COST |
At 1 December 2021 |
and 31 May 2023 |
AMORTISATION |
At 1 December 2021 |
Amortisation for period |
At 31 May 2023 |
NET BOOK VALUE |
At 31 May 2023 |
At 30 November 2021 |
5. | TANGIBLE FIXED ASSETS |
Short | Display | Plant and |
leasehold | stock | machinery |
£ | £ | £ |
COST |
At 1 December 2021 |
Additions |
Disposals | ( |
) |
At 31 May 2023 |
DEPRECIATION |
At 1 December 2021 |
Charge for period |
At 31 May 2023 |
NET BOOK VALUE |
At 31 May 2023 |
At 30 November 2021 |
Howson Interiors Limited (Registered number: 05468342) |
T/A Lakeland Kitchens |
Notes to the Financial Statements - continued |
for the Period 1 December 2021 to 31 May 2023 |
5. | TANGIBLE FIXED ASSETS - continued |
Fixtures |
and | Motor | Computer |
fittings | vehicles | equipment | Totals |
£ | £ | £ | £ |
COST |
At 1 December 2021 |
Additions |
Disposals | ( |
) |
At 31 May 2023 |
DEPRECIATION |
At 1 December 2021 |
Charge for period |
At 31 May 2023 |
NET BOOK VALUE |
At 31 May 2023 |
At 30 November 2021 |
6. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
2023 | 2021 |
£ | £ |
Trade debtors |
Other debtors |
7. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
2023 | 2021 |
£ | £ |
Bank loans and overdrafts |
Hire purchase contracts |
Payments on account |
Trade creditors |
Tax |
Social security and other taxes | ( |
) |
VAT | 13,810 | 40,029 |
Pension | 308 | 421 |
Associated company |
Credit card | (68 | ) | 1,854 |
Accruals and deferred income |
Howson Interiors Limited (Registered number: 05468342) |
T/A Lakeland Kitchens |
Notes to the Financial Statements - continued |
for the Period 1 December 2021 to 31 May 2023 |
8. | CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR |
2023 | 2021 |
£ | £ |
Bank loans - 1-2 years |
Bank loans - 2-5 years |
Hire purchase contracts |