D.S. HOWELL FINANCIAL SERVICES LIMITED

Company Registration Number:
05306054 (England and Wales)

Unaudited statutory accounts for the year ended 31 March 2024

Period of accounts

Start date: 01 April 2023

End date: 31 March 2024

D.S. HOWELL FINANCIAL SERVICES LIMITED

Contents of the Financial Statements

for the Period Ended 31 March 2024

Company Information - 3
Balance sheet - 4
Additional notes - 6
Balance sheet notes - 10

D.S. HOWELL FINANCIAL SERVICES LIMITED

Company Information

for the Period Ended 31 March 2024




Director: A Sharkey
Secretary: A Sharkey
Registered office: 1st Floor
Unit 3b Columbus House
Greenmeadow Springs Business Park
Cardiff
GB-WLS
CF15 7NE
Company Registration Number: 05306054 (England and Wales)

D.S. HOWELL FINANCIAL SERVICES LIMITED

Balance sheet

As at 31 March 2024


Notes

2024
£

2023
£
Fixed assets
Intangible assets: 5 46,020 29,140
Tangible assets: 6 5,315 5,793
Total fixed assets: 51,335 34,933
Current assets
Debtors: 7 7,564 8,678
Cash at bank and in hand: 182,075 175,779
Total current assets: 189,639 184,457
Creditors: amounts falling due within one year: 8 ( 26,889 ) ( 24,533 )
Net current assets (liabilities): 162,750 159,924
Total assets less current liabilities: 214,085 194,857
Total net assets (liabilities): 214,085 194,857

The notes form part of these financial statements

D.S. HOWELL FINANCIAL SERVICES LIMITED

Balance sheet continued

As at 31 March 2024


Notes

2024
£

2023
£
Capital and reserves
Called up share capital: 100 100
Profit and loss account: 213,985 194,757
Shareholders funds: 214,085 194,857

For the year ending 31 March 2024 the company was entitled to exemption 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.

This report was approved by the board of directors on 15 November 2024
And Signed On Behalf Of The Board By:

Name: A Sharkey
Status: Director

The notes form part of these financial statements

D.S. HOWELL FINANCIAL SERVICES LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2024

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

    Turnover policy

    All commissions, including indemnity commissions, shown in the financial statements are calculated on a receipt basis. Turnover is attributable
    to one continuing activity, the provision of financial services advice.

    Tangible fixed assets depreciation policy

    Depreciation is provided on all fixed assets at rates calculated to write off their cost evenly over their expected, useful lives as follows: Office
    Equipment - 5 years, Computer Equipment 4 years.

    Intangible fixed assets amortisation policy

    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.

D.S. HOWELL FINANCIAL SERVICES LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2024

  • 2. Employees


    2024

    2023
    Average number of employees during the period 5 4

D.S. HOWELL FINANCIAL SERVICES LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2024

  • 3. Off balance sheet disclosure

    No

D.S. HOWELL FINANCIAL SERVICES LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2024

4. Dividends


2024
£

2023
£
Dividends paid 11,000 2,000

D.S. HOWELL FINANCIAL SERVICES LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2024

5. Intangible assets

Goodwill Other Total
Cost £ £ £
At 01 April 2023 64,000 25,000 89,000
Additions - 25,000 25,000
Disposals - - -
Revaluations - - -
Transfers - - -
At 31 March 2024 64,000 50,000 114,000
Amortisation
Amortisation at 01 April 2023 57,360 2,500 59,860
Charge for year 3,120 5,000 8,120
On disposals - - -
Other adjustments - - -
Amortisation at 31 March 2024 60,480 7,500 67,980
Net book value
Net book value at 31 March 2024 3,520 42,500 46,020
Net book value at 31 March 2023 6,640 22,500 29,140

D.S. HOWELL FINANCIAL SERVICES LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2024

6. Tangible assets

Fixtures & fittings Office equipment Total
Cost £ £ £
At 01 April 2023 19,020 10,713 29,733
Additions 266 3,706 3,972
Disposals - - -
Revaluations - - -
Transfers - - -
At 31 March 2024 19,286 14,419 33,705
Depreciation
At 01 April 2023 14,368 9,572 23,940
Charge for year 1,870 2,580 4,450
On disposals - - -
Other adjustments - - -
At 31 March 2024 16,238 12,152 28,390
Net book value
At 31 March 2024 3,048 2,267 5,315
At 31 March 2023 4,652 1,141 5,793

D.S. HOWELL FINANCIAL SERVICES LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2024

7. Debtors


2024
£

2023
£
Prepayments and accrued income 3,064 4,178
Other debtors 4,500 4,500
Total 7,564 8,678

D.S. HOWELL FINANCIAL SERVICES LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2024

8.Creditors: amounts falling due within one year note


2024
£

2023
£
Trade creditors 13,134 14,654
Taxation and social security 13,744 9,823
Other creditors 11 56
Total 26,889 24,533