Company registration number 11407113 (England and Wales)
HOWE PROPERTY SOLUTIONS LIMITED
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2023
PAGES FOR FILING WITH REGISTRAR
HOWE PROPERTY SOLUTIONS LIMITED
CONTENTS
Page
Balance sheet
1 - 2
Notes to the financial statements
3 - 5
HOWE PROPERTY SOLUTIONS LIMITED (REGISTERED NUMBER: 11407113)
BALANCE SHEET
AS AT
30 JUNE 2023
30 June 2023
- 1 -
2023
2022
Notes
£
£
£
£
Fixed assets
Tangible assets
3
8,381
10,259
Current assets
Debtors
4
2,296
984
Cash at bank and in hand
3,640
26,084
5,936
27,068
Creditors: amounts falling due within one year
5
(11,777)
(27,444)
Net current liabilities
(5,841)
(376)
Total assets less current liabilities
2,540
9,883
Provisions for liabilities
(1,592)
(1,983)
Net assets
948
7,900
Capital and reserves
Called up share capital
100
100
Profit and loss reserves
848
7,800
Total equity
948
7,900

The directors of the company have elected not to include a copy of the profit and loss account within the financial statements.true

For the financial year ended 30 June 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

HOWE PROPERTY SOLUTIONS LIMITED (REGISTERED NUMBER: 11407113)
BALANCE SHEET (CONTINUED)
AS AT
30 JUNE 2023
30 June 2023
- 2 -
The financial statements were approved by the board of directors and authorised for issue on 16 February 2024 and are signed on its behalf by:
Mrs E A Howe
Mr D B Howe
Director
Director
HOWE PROPERTY SOLUTIONS LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2023
- 3 -
1
Accounting policies
Company information

Howe Property Solutions Limited is a private company limited by shares incorporated in England and Wales. The registered office is 19/21 Swan Street, West Malling, Kent, England, ME19 6JU.

1.1
Accounting convention

These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The financial statements are prepared in sterling, which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £1.

The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below.

1.2
Turnover

Turnover is recognised at the fair value of the consideration received or receivable for services provided in the normal course of business.

1.3
Tangible fixed assets

Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses.

Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases:

Plant and equipment
10% straight line
Computers
33% straight line

The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to profit or loss.

1.4
Cash and cash equivalents

Cash and cash equivalents are basic financial assets and include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.

1.5
Taxation

The tax expense represents the sum of the tax currently payable and deferred tax.

1.6
Government grants

Government grants are recognised at the fair value of the asset received or receivable when there is reasonable assurance that the grant conditions will be met and the grants will be received.

HOWE PROPERTY SOLUTIONS LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 JUNE 2023
- 4 -
2
Employees

The average monthly number of persons (including directors) employed by the company during the year was:

2023
2022
Number
Number
Total
3
2
3
Tangible fixed assets
Plant and equipment
Computers
Total
£
£
£
Cost
At 1 July 2022 and 30 June 2023
15,830
2,556
18,386
Depreciation and impairment
At 1 July 2022
6,332
1,795
8,127
Depreciation charged in the year
1,583
295
1,878
At 30 June 2023
7,915
2,090
10,005
Carrying amount
At 30 June 2023
7,915
466
8,381
At 30 June 2022
9,498
761
10,259
4
Debtors
2023
2022
Amounts falling due within one year:
£
£
Trade debtors
636
224
Other debtors
1,660
760
2,296
984
HOWE PROPERTY SOLUTIONS LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 JUNE 2023
- 5 -
5
Creditors: amounts falling due within one year
2023
2022
£
£
Taxation and social security
-
0
4,568
Other creditors
11,777
22,876
11,777
27,444
2023-06-302022-07-01false16 February 2024CCH SoftwareCCH Accounts Production 2023.300No description of principal activityMrs E A HoweMr D B Howefalse114071132022-07-012023-06-30114071132023-06-30114071132022-06-3011407113core:PlantMachinery2023-06-3011407113core:ComputerEquipment2023-06-3011407113core:PlantMachinery2022-06-3011407113core:ComputerEquipment2022-06-3011407113core:CurrentFinancialInstrumentscore:WithinOneYear2023-06-3011407113core:CurrentFinancialInstrumentscore:WithinOneYear2022-06-3011407113core:CurrentFinancialInstruments2023-06-3011407113core:CurrentFinancialInstruments2022-06-3011407113core:ShareCapital2023-06-3011407113core:ShareCapital2022-06-3011407113core:RetainedEarningsAccumulatedLosses2023-06-3011407113core:RetainedEarningsAccumulatedLosses2022-06-3011407113bus:Director12022-07-012023-06-3011407113bus:Director22022-07-012023-06-3011407113core:PlantMachinery2022-07-012023-06-3011407113core:ComputerEquipment2022-07-012023-06-30114071132021-07-012022-06-3011407113core:PlantMachinery2022-06-3011407113core:ComputerEquipment2022-06-30114071132022-06-3011407113core:WithinOneYear2023-06-3011407113core:WithinOneYear2022-06-3011407113bus:PrivateLimitedCompanyLtd2022-07-012023-06-3011407113bus:SmallCompaniesRegimeForAccounts2022-07-012023-06-3011407113bus:FRS1022022-07-012023-06-3011407113bus:AuditExemptWithAccountantsReport2022-07-012023-06-3011407113bus:FullAccounts2022-07-012023-06-30xbrli:purexbrli:sharesiso4217:GBP