REGISTERED NUMBER: |
GLENN HOWELLS ARCHITECTS LIMITED |
TRADING AS |
HOWELLS |
UNAUDITED FINANCIAL STATEMENTS |
FOR THE PERIOD 1 JANUARY 2023 TO 31 MARCH 2024 |
REGISTERED NUMBER: |
GLENN HOWELLS ARCHITECTS LIMITED |
TRADING AS |
HOWELLS |
UNAUDITED FINANCIAL STATEMENTS |
FOR THE PERIOD 1 JANUARY 2023 TO 31 MARCH 2024 |
GLENN HOWELLS ARCHITECTS LIMITED (REGISTERED NUMBER: 03993695) |
TRADING AS HOWELLS |
CONTENTS OF THE FINANCIAL STATEMENTS |
FOR THE PERIOD 1 JANUARY 2023 TO 31 MARCH 2024 |
Page |
Company Information | 1 |
Balance Sheet | 2 |
Notes to the Financial Statements | 4 |
GLENN HOWELLS ARCHITECTS LIMITED |
TRADING AS HOWELLS |
COMPANY INFORMATION |
FOR THE PERIOD 1 JANUARY 2023 TO 31 MARCH 2024 |
DIRECTORS: |
REGISTERED OFFICE: |
REGISTERED NUMBER: |
ACCOUNTANTS: |
Chartered Certified Accountants |
Marston House |
5 Elmdon Lane |
Marston Green |
Solihull |
West Midlands |
B37 7DL |
BANKERS: |
3rd Floor, 67 Temple Row |
Birmingham |
B2 5LS |
GLENN HOWELLS ARCHITECTS LIMITED (REGISTERED NUMBER: 03993695) |
TRADING AS HOWELLS |
BALANCE SHEET |
31 MARCH 2024 |
2024 | 2022 |
Notes | £ | £ |
CURRENT ASSETS |
Debtors | 4 |
Cash at bank |
CREDITORS |
Amounts falling due within one year | 5 |
NET CURRENT ASSETS |
TOTAL ASSETS LESS CURRENT LIABILITIES |
CREDITORS |
Amounts falling due after more than one year |
6 |
( |
) |
PROVISIONS FOR LIABILITIES | ( |
) | ( |
) |
NET ASSETS |
CAPITAL AND RESERVES |
Called up share capital |
Retained earnings |
SHAREHOLDERS' FUNDS |
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. |
GLENN HOWELLS ARCHITECTS LIMITED (REGISTERED NUMBER: 03993695) |
TRADING AS HOWELLS |
BALANCE SHEET - continued |
31 MARCH 2024 |
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered. |
The financial statements were approved by the Board of Directors and authorised for issue on |
GLENN HOWELLS ARCHITECTS LIMITED (REGISTERED NUMBER: 03993695) |
TRADING AS HOWELLS |
NOTES TO THE FINANCIAL STATEMENTS |
FOR THE PERIOD 1 JANUARY 2023 TO 31 MARCH 2024 |
1. | STATUTORY INFORMATION |
Glenn Howells Architects Limited is a |
The presentation currency of the financial statements is the Pound Sterling (£). |
2. | ACCOUNTING POLICIES |
Basis of preparing the financial statements |
Significant judgements and estimates |
In the application of the company's accounting policies, the directors are required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates. |
The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised where the revision affects only that period, or in the period of the revision and future periods where the revision affects both current and future periods. |
Turnover |
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. |
Taxation |
Taxation for the period comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. |
Current or deferred taxation assets and liabilities are not discounted. |
Current 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. |
Deferred tax |
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date. |
Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the period end and that are expected to apply to the reversal of the timing difference. |
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. |
Foreign currencies |
Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result. |
GLENN HOWELLS ARCHITECTS LIMITED (REGISTERED NUMBER: 03993695) |
TRADING AS HOWELLS |
NOTES TO THE FINANCIAL STATEMENTS - continued |
FOR THE PERIOD 1 JANUARY 2023 TO 31 MARCH 2024 |
3. | EMPLOYEES AND DIRECTORS |
The average number of employees during the period was |
4. | DEBTORS |
2024 | 2022 |
£ | £ |
Amounts falling due within one year: |
Trade debtors |
Other debtors |
Amounts falling due after more than one year: |
Other debtors |
Aggregate amounts |
5. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
2024 | 2022 |
£ | £ |
Trade creditors |
Amounts owed to group undertakings |
Taxation and social security |
Other creditors |
6. | CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR |
2024 | 2022 |
£ | £ |
Other creditors |
7. | SECURED DEBTS |
The following secured debts are included within creditors: |
2024 | 2022 |
£ | £ |
Debentures |
GHA (Property) Limited hold a fixed and floating charge over the assets dated 6 February 2024. |
GLENN HOWELLS ARCHITECTS LIMITED (REGISTERED NUMBER: 03993695) |
TRADING AS HOWELLS |
NOTES TO THE FINANCIAL STATEMENTS - continued |
FOR THE PERIOD 1 JANUARY 2023 TO 31 MARCH 2024 |
8. | RELATED PARTY DISCLOSURES |
G H A Services LLP |
During the period the Company traded with G H A Services LLP a limited liability partnership in which the directors Mr G P Howells and Mr D Bansal are partners. |
G H A Services LLP invoiced the Company £12,338,702 (2022 £11,710,090) in respect of architectural and management charges during the period. |
As at the balance sheet date G H A Services LLP owed the Company £78,224 (2022 £nil), this amount was included in Trade Debtors. |
As at the balance sheet date G H A Services LLP owed the Company £55,024 (2022 £nil), this amount was included in Other Debtors. |
As at the balance sheet date the Company owed G H A Services LLP £nil (2022 £2,028,109), this amount was included in Trade Creditors. |
Bradford Street Properties (Number 2) LLP |
During the period the Company traded with Bradford Street Properties (Number 2) LLP a limited liability partnership in which the director Mr G P Howells is a partner. |
The Company invoiced Bradford Street Properties (Number 2) LLP £45,000 (2022 £15,000) in respect of architectural charges during the period. |
As at the balance sheet date Bradford Street Properties (Number 2) LLP owed the Company £nil (2022 £18,000), this amount was included in Trade Debtors. |