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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
Page
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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
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M & I HOWELLS LIMITED Statement of financial position as at 31 March 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
267,696 
267,750 
Current assets
Debtors
599 
256 
Cash at bank and in hand
580 
13,989 
1,179 
14,245 
Creditors: amounts falling due within one year
(170,962)
(199,440)
Net current liabilities
(169,783)
(185,195)
Net assets
97,913 
82,555 
Capital and reserves
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
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M & I HOWELLS LIMITED Notes to the Accounts for the year ended 31 March 2024
1
Statutory information
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
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
5 years
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 
Depreciation
At 1 April 2023
- 
19,535 
19,535 
Charge for the year
- 
54 
54 
At 31 March 2024
- 
19,589 
19,589 
Net book value
At 31 March 2024
267,589 
107 
267,696 
At 31 March 2023
267,589 
161 
267,750 
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
599 
256 
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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 
Accruals
660 
660 
170,962 
199,440 
7
Average number of employees
During the year the average number of employees was 0 (2023: 0).
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