Company Registration No. 10485047 (England and Wales)
M & I HOWELLS LIMITED
Unaudited accounts
for the year ended 31 March 2024
M & I HOWELLS LIMITED
Unaudited accounts
Contents
M & I HOWELLS LIMITED
Company Information
for the year ended 31 March 2024
Directors
Ian Howells
Michael Howells
Company Number
10485047 (England and Wales)
Registered Office
The Gables Sandy Lane
Ystradowen
Cowbridge
CF71 7SY
Wales
Accountants
STAS Ltd
253 Cowbridge Road West
Cardiff
CF5 5TD
M & I HOWELLS LIMITED
Statement of financial position
as at 31 March 2024
Tangible assets
267,696
267,750
Cash at bank and in hand
580
13,989
Creditors: amounts falling due within one year
(170,962)
(199,440)
Net current liabilities
(169,783)
(185,195)
Called up share capital
2
2
Profit and loss account
97,911
82,553
Shareholders' funds
97,913
82,555
For the year ending 31 March 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 1 August 2024 and were signed on its behalf by
Michael Howells
Director
Company Registration No. 10485047
M & I HOWELLS LIMITED
Notes to the Accounts
for the year ended 31 March 2024
M & I HOWELLS LIMITED is a private company, limited by shares, registered in England and Wales, registration number 10485047. The registered office is The Gables Sandy Lane, Ystradowen, Cowbridge, CF71 7SY, 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:
4
Tangible fixed assets
Land & buildings
Plant & machinery
Total
Cost or valuation
At cost
At cost
At 1 April 2023
267,589
19,696
287,285
At 31 March 2024
267,589
19,696
287,285
At 1 April 2023
-
19,535
19,535
Charge for the year
-
54
54
At 31 March 2024
-
19,589
19,589
At 31 March 2024
267,589
107
267,696
At 31 March 2023
267,589
161
267,750
Amounts falling due within one year
M & I HOWELLS LIMITED
Notes to the Accounts
for the year ended 31 March 2024
6
Creditors: amounts falling due within one year
2024
2023
Taxes and social security
3,733
4,830
Loans from directors
166,569
193,950
7
Average number of employees
During the year the average number of employees was 0 (2023: 0).