2022-11-012023-10-312023-10-31false10630249THE HOWBECK LIMITED2024-10-2855100iso4217:GBPxbrli:pure106302492022-11-01106302492023-10-31106302492022-11-012023-10-31106302492022-03-01106302492022-10-31106302492022-03-012022-10-3110630249bus:SmallEntities2022-11-012023-10-3110630249bus:AuditExempt-NoAccountantsReport2022-11-012023-10-3110630249bus:FullAccounts2022-11-012023-10-3110630249bus:PrivateLimitedCompanyLtd2022-11-012023-10-3110630249core:WithinOneYear2023-10-3110630249core:AfterOneYear2023-10-3110630249core:WithinOneYear2022-10-3110630249core:AfterOneYear2022-10-3110630249core:ShareCapital2023-10-3110630249core:SharePremium2023-10-3110630249core:RevaluationReserve2023-10-3110630249core:OtherReservesSubtotal2023-10-3110630249core:RetainedEarningsAccumulatedLosses2023-10-3110630249core:ShareCapital2022-10-3110630249core:SharePremium2022-10-3110630249core:RevaluationReserve2022-10-3110630249core:OtherReservesSubtotal2022-10-3110630249core:RetainedEarningsAccumulatedLosses2022-10-3110630249core:LandBuildings2023-10-3110630249core:PlantMachinery2023-10-3110630249core:Vehicles2023-10-3110630249core:FurnitureFittings2023-10-3110630249core:OfficeEquipment2023-10-3110630249core:NetGoodwill2023-10-3110630249core:IntangibleAssetsOtherThanGoodwill2023-10-3110630249core:ListedExchangeTraded2023-10-3110630249core:UnlistedNon-exchangeTraded2023-10-3110630249core:LandBuildings2022-10-3110630249core:PlantMachinery2022-10-3110630249core:Vehicles2022-10-3110630249core:FurnitureFittings2022-10-3110630249core:OfficeEquipment2022-10-3110630249core:NetGoodwill2022-10-3110630249core:IntangibleAssetsOtherThanGoodwill2022-10-3110630249core:ListedExchangeTraded2022-10-3110630249core:UnlistedNon-exchangeTraded2022-10-3110630249core:LandBuildings2022-11-012023-10-3110630249core:PlantMachinery2022-11-012023-10-3110630249core:Vehicles2022-11-012023-10-3110630249core:FurnitureFittings2022-11-012023-10-3110630249core:OfficeEquipment2022-11-012023-10-3110630249core:NetGoodwill2022-11-012023-10-3110630249core:IntangibleAssetsOtherThanGoodwill2022-11-012023-10-3110630249core:ListedExchangeTraded2022-11-012023-10-3110630249core:UnlistedNon-exchangeTraded2022-11-012023-10-3110630249core:MoreThanFiveYears2022-11-012023-10-3110630249core:Non-currentFinancialInstruments2023-10-3110630249core:Non-currentFinancialInstruments2022-10-3110630249dpl:CostSales2022-11-012023-10-3110630249dpl:DistributionCosts2022-11-012023-10-3110630249core:LandBuildings2022-11-012023-10-3110630249core:PlantMachinery2022-11-012023-10-3110630249core:Vehicles2022-11-012023-10-3110630249core:FurnitureFittings2022-11-012023-10-3110630249core:OfficeEquipment2022-11-012023-10-3110630249dpl:AdministrativeExpenses2022-11-012023-10-3110630249core:NetGoodwill2022-11-012023-10-3110630249core:IntangibleAssetsOtherThanGoodwill2022-11-012023-10-3110630249dpl:GroupUndertakings2022-11-012023-10-3110630249dpl:ParticipatingInterests2022-11-012023-10-3110630249dpl:GroupUndertakingscore:ListedExchangeTraded2022-11-012023-10-3110630249core:ListedExchangeTraded2022-11-012023-10-3110630249dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2022-11-012023-10-3110630249core:UnlistedNon-exchangeTraded2022-11-012023-10-3110630249dpl:CostSales2022-03-012022-10-3110630249dpl:DistributionCosts2022-03-012022-10-3110630249core:LandBuildings2022-03-012022-10-3110630249core:PlantMachinery2022-03-012022-10-3110630249core:Vehicles2022-03-012022-10-3110630249core:FurnitureFittings2022-03-012022-10-3110630249core:OfficeEquipment2022-03-012022-10-3110630249dpl:AdministrativeExpenses2022-03-012022-10-3110630249core:NetGoodwill2022-03-012022-10-3110630249core:IntangibleAssetsOtherThanGoodwill2022-03-012022-10-3110630249dpl:GroupUndertakings2022-03-012022-10-3110630249dpl:ParticipatingInterests2022-03-012022-10-3110630249dpl:GroupUndertakingscore:ListedExchangeTraded2022-03-012022-10-3110630249core:ListedExchangeTraded2022-03-012022-10-3110630249dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2022-03-012022-10-3110630249core:UnlistedNon-exchangeTraded2022-03-012022-10-3110630249core:NetGoodwill2023-10-3110630249core:IntangibleAssetsOtherThanGoodwill2023-10-3110630249core:LandBuildings2023-10-3110630249core:PlantMachinery2023-10-3110630249core:Vehicles2023-10-3110630249core:FurnitureFittings2023-10-3110630249core:OfficeEquipment2023-10-3110630249core:AfterOneYear2023-10-3110630249core:WithinOneYear2023-10-3110630249core:ListedExchangeTraded2023-10-3110630249core:UnlistedNon-exchangeTraded2023-10-3110630249core:ShareCapital2023-10-3110630249core:SharePremium2023-10-3110630249core:RevaluationReserve2023-10-3110630249core:OtherReservesSubtotal2023-10-3110630249core:RetainedEarningsAccumulatedLosses2023-10-3110630249core:NetGoodwill2022-10-3110630249core:IntangibleAssetsOtherThanGoodwill2022-10-3110630249core:LandBuildings2022-10-3110630249core:PlantMachinery2022-10-3110630249core:Vehicles2022-10-3110630249core:FurnitureFittings2022-10-3110630249core:OfficeEquipment2022-10-3110630249core:AfterOneYear2022-10-3110630249core:WithinOneYear2022-10-3110630249core:Liste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THE HOWBECK LIMITED

Registered Number
10630249
(England and Wales)

Unaudited Financial Statements for the Year ended
31 October 2023

THE HOWBECK LIMITED
Company Information
for the year from 1 November 2022 to 31 October 2023

Director

MONK, Colin

Registered Address

Units 1&2 Longlands Road
Bowness-On-Windermere
Windermere
LA23 3AS

Registered Number

10630249 (England and Wales)
THE HOWBECK LIMITED
Statement of Financial Position
31 October 2023

Notes

2023

2022

£

£

£

£

Fixed assets
Tangible assets317,48222,149
17,48222,149
Current assets
Stocks2,8012,801
Debtors4893,822906,892
Cash at bank and on hand22,40374,562
919,026984,255
Creditors amounts falling due within one year5(134,570)(164,555)
Net current assets (liabilities)784,456819,700
Total assets less current liabilities801,938841,849
Creditors amounts falling due after one year6(545,955)(545,955)
Provisions for liabilities7(3,100)(4,000)
Net assets252,883291,894
Capital and reserves
Called up share capital106106
Profit and loss account252,777291,788
Shareholders' funds252,883291,894
The financial statements were approved and authorised for issue by the Director on 28 October 2024, and are signed on its behalf by:
MONK, Colin
Director
Registered Company No. 10630249
THE HOWBECK LIMITED
Notes to the Financial Statements
for the year ended 31 October 2023

1.Accounting policies
Statutory information
The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.
Functional and presentation currency
The financial statements are presented in sterling and this is the functional currency of the company.
Turnover policy
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and/or the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Employee benefits
The company operates a defined contribution plan for its employees. A defined contribution plan is a pension plan under which the company pays fixed contributions into a separate entity. Once the contributions have been paid the company has no further obligation. Contributions to defined contribution plans are expensed in the period to which they relate. Amounts not paid are shown in accruals in the Statement of Financial Position. The assets of the plan are held separately from the company in independently administered funds.
Current taxation
Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.
Deferred tax
Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.
Tangible fixed assets and depreciation
Tangible fixed assets are stated at cost or valuation less depreciation. The assets residual values, useful lives and depreciation methods are reviewed and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date. Gains and losses on disposal are determined by comparing the proceeds with the carrying amount and are recognised in the Income Statement Depreciation is provided on all tangible fixed assets as follows:
Stocks and work in progress
Stocks are valued at the lower of cost and estimated selling price (less any associated costs to enable such sales to complete). At each date of Statement of Financial Position, stocks are assessed for impairment. If stock is impaired, the carrying amount is reduced to its selling price less costs to complete the sale. The impairment loss is recognised immediately in the Income Statement.
2.Average number of employees

20232022
Average number of employees during the year46
3.Tangible fixed assets

Plant & machinery

Fixtures & fittings

Office Equipment

Total

££££
Cost or valuation
At 01 November 228,87862,9111,44573,234
Additions4962,865-3,361
At 31 October 239,37465,7761,44576,595
Depreciation and impairment
At 01 November 227,05042,7511,28451,085
Charge for year6017,373548,028
At 31 October 237,65150,1241,33859,113
Net book value
At 31 October 231,72315,65210717,482
At 31 October 221,82820,16016122,149
4.Debtors: amounts due within one year

2023

2022

££
Trade debtors / trade receivables626614
Amounts owed by associates and joint ventures / participating interests882,614897,815
Other debtors6,5565,348
Prepayments and accrued income4,0263,115
Total893,822906,892
5.Creditors: amounts due within one year

2023

2022

££
Trade creditors / trade payables18,24311,572
Bank borrowings and overdrafts15,30015,300
Amounts owed to related parties-18,500
Taxation and social security12,85547,868
Other creditors65,28659,850
Accrued liabilities and deferred income22,88611,465
Total134,570164,555
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method. The other loan is secured by a fixed and floating charge over the company's assets.
6.Creditors: amounts due after one year

2023

2022

££
Bank borrowings and overdrafts545,955545,955
Total545,955545,955
The other loan is secured by a fixed and floating charge over the company's assets.
7.Provisions for liabilities
The provision for deferred tax relates to accelerated capital allowances in both years.

2023

2022

££
Net deferred tax liability (asset)3,1004,000
Total3,1004,000
8.Description of reasons for any change in chosen formats of the financial statments
In respect of these Financial Statement the comparative balance sheet has had certain items reclassified in order to more accurately reflect the underlying balances. These reclassifications have not affected the overall position of the company with the Net Asset position remaining the same.