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REGISTERED NUMBER: 08241565 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 December 2023

for

Howitzer Limited

Howitzer Limited (Registered number: 08241565)






Contents of the Financial Statements
for the Year Ended 31 December 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Howitzer Limited

Company Information
for the Year Ended 31 December 2023







DIRECTOR: Mr L D Howe





REGISTERED OFFICE: 6 Lyn Close
Ingleby Barwick
Stockton-on-Tees
TS17 0QU





REGISTERED NUMBER: 08241565 (England and Wales)





ACCOUNTANTS: JBC Accountants Limited
Chartered Accountants
3B Lockheed Court
Preston Farm
Stockton on Tees
TS18 3SH

Howitzer Limited (Registered number: 08241565)

Balance Sheet
31 December 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 11,250 12,500
Tangible assets 5 25,877 30,120
37,127 42,620

CURRENT ASSETS
Stocks 399 162
Debtors 6 237,167 152,689
Cash at bank and in hand 93,918 194,974
331,484 347,825
CREDITORS
Amounts falling due within one year 7 70,043 63,239
NET CURRENT ASSETS 261,441 284,586
TOTAL ASSETS LESS CURRENT
LIABILITIES

298,568

327,206

PROVISIONS FOR LIABILITIES 4,917 4,971
NET ASSETS 293,651 322,235

CAPITAL AND RESERVES
Called up share capital 1 1
Retained earnings 293,650 322,234
293,651 322,235

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 director acknowledges his 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.

Howitzer Limited (Registered number: 08241565)

Balance Sheet - continued
31 December 2023


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 Profit and Loss Account has not been delivered.

The financial statements were approved by the director and authorised for issue on 23 September 2024 and were signed by:





Mr L D Howe - Director


Howitzer Limited (Registered number: 08241565)

Notes to the Financial Statements
for the Year Ended 31 December 2023

1. STATUTORY INFORMATION

Howitzer 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.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 0, is being amortised evenly over its estimated useful life of nil years.

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
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery etc - 15% 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.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the profit and loss account.

Deferred taxation is provided on the liability method to take account of timing differences between the treatment of certain items for accounts purposes and their treatment for tax purposes. Tax deferred or accelerated is accounted for in respect of all material timing differences.

Current and deferred tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 10 (2022 - 7 ) .

Howitzer Limited (Registered number: 08241565)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2023

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 January 2023
and 31 December 2023 25,000
AMORTISATION
At 1 January 2023 12,500
Charge for year 1,250
At 31 December 2023 13,750
NET BOOK VALUE
At 31 December 2023 11,250
At 31 December 2022 12,500

5. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 January 2023 72,863
Additions 345
At 31 December 2023 73,208
DEPRECIATION
At 1 January 2023 42,743
Charge for year 4,588
At 31 December 2023 47,331
NET BOOK VALUE
At 31 December 2023 25,877
At 31 December 2022 30,120

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Amounts owed by group undertakings 218,000 133,000
Other debtors 19,167 19,689
237,167 152,689

Howitzer Limited (Registered number: 08241565)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2023

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade creditors 12,898 12,881
Taxation and social security 16,270 15,910
Other creditors 40,875 34,448
70,043 63,239

8. RELATED PARTY TRANSACTIONS

Transactions with related parties
During the year the company entered into the following transactions with related parties

The following amounts were outstanding at the reporting end date:
2023 2022
Amounts due from related parties £ £

Entities with control, joint control or significant influence over
the company 218,000 133,000