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REGISTERED NUMBER: 00411572 (England and Wales)





















UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2023

FOR

HOWES BOOKSHOPS LIMITED

HOWES BOOKSHOPS LIMITED (REGISTERED NUMBER: 00411572)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023










Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 4


HOWES BOOKSHOPS LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 DECEMBER 2023







DIRECTORS: Mr M A Bartley
Mrs L A Maggs





REGISTERED OFFICE: Unit 2.02
High Weald House
Glovers End
Bexhill
East Sussex
TN39 5ES





REGISTERED NUMBER: 00411572 (England and Wales)





ACCOUNTANTS: Acuity Professional Partnership LLP
Unit 2.02
High Weald House
Glovers End
Bexhill
East Sussex
TN39 5ES

HOWES BOOKSHOPS LIMITED (REGISTERED NUMBER: 00411572)

STATEMENT OF FINANCIAL POSITION
31 DECEMBER 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 - -
Tangible assets 5 256 352
256 352

CURRENT ASSETS
Stocks 6 28,860 31,790
Debtors 7 543 425
Cash at bank 7,486 9,977
36,889 42,192
CREDITORS
Amounts falling due within one year 8 24,938 26,110
NET CURRENT ASSETS 11,951 16,082
TOTAL ASSETS LESS CURRENT
LIABILITIES

12,207

16,434

CAPITAL AND RESERVES
Called up share capital 9 3,000 3,000
Retained earnings 9,207 13,434
SHAREHOLDERS' FUNDS 12,207 16,434

HOWES BOOKSHOPS LIMITED (REGISTERED NUMBER: 00411572)

STATEMENT OF FINANCIAL POSITION - continued
31 DECEMBER 2023


The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2023 in accordance with Section 476 of the Companies Act 2006.

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.

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

In accordance with Section 444 of the Companies Act 2006, the Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 23 April 2024 and were signed on its behalf by:





Mr M A Bartley - Director


HOWES BOOKSHOPS LIMITED (REGISTERED NUMBER: 00411572)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023


1. STATUTORY INFORMATION

Howes Bookshops Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

BASIS OF PREPARING THE FINANCIAL STATEMENTS
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

TURNOVER
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

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.

Patents and licences are being amortised evenly over their estimated useful life of ten years.

TANGIBLE FIXED ASSETS
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Fixtures and fittings - 25% on reducing balance

STOCKS
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2022 - 1 ) .

4. INTANGIBLE FIXED ASSETS
Patents
and
licences
£   
Cost
At 1 January 2023
and 31 December 2023 1,720
Amortisation
At 1 January 2023
and 31 December 2023 1,720
Net book value
At 31 December 2023 -
At 31 December 2022 -

HOWES BOOKSHOPS LIMITED (REGISTERED NUMBER: 00411572)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 DECEMBER 2023


5. TANGIBLE FIXED ASSETS
Fixtures
and Computer
fittings equipment Totals
£    £    £   
Cost
At 1 January 2023
and 31 December 2023 41,060 383 41,443
Depreciation
At 1 January 2023 40,741 350 41,091
Charge for year 80 16 96
At 31 December 2023 40,821 366 41,187
Net book value
At 31 December 2023 239 17 256
At 31 December 2022 319 33 352

6. STOCKS
2023 2022
£    £   
Finished goods 28,860 31,790

7. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors - 308
VAT 543 117
543 425

8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade creditors 137 325
Other creditors 101 105
Directors' current accounts 23,545 24,640
Accruals and deferred income 1,155 1,040
24,938 26,110

HOWES BOOKSHOPS LIMITED (REGISTERED NUMBER: 00411572)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 DECEMBER 2023


9. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2023 2022
value: £    £   
3,000 Ordinary £1 3,000 3,000

10. ULTIMATE CONTROLLING PARTY

The ultimate controlling party is Mr M A Bartley.