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Registered number: 14035252

Howard Management Services Ltd

ACCOUNTS
FOR THE YEAR ENDED 30/04/2024

Prepared By:
IUVO Services Limited
Chartered Accountants
10 The Crescent
Little Leighs
Chelmsford
Essex
CM3 1LY

Howard Management Services Ltd

ACCOUNTS
FOR THE YEAR ENDED 30/04/2024
DIRECTORS
A Howard
N Howard
REGISTERED OFFICE
The Bays, Haverhill Road
Castle Camps
Cambridge
Cambridgeshire
CB21 4TB
COMPANY DETAILS
Private company limited by shares registered in EW - England and Wales, registered number 14035252
ACCOUNTANTS
IUVO Services Limited
Chartered Accountants
10 The Crescent
Little Leighs
Chelmsford
Essex
CM3 1LY

Howard Management Services Ltd

ACCOUNTS
FOR THEYEARENDED30/04/2024
CONTENTS
Page
Directors' Report-
Statement Of Comprehensive Income-
Balance Sheet3
Notes To The Accounts4
The following do not form part of the statutory financial statements:
Trading And Profit And Loss Account-
Profit And Loss Account Summaries-

Howard Management Services Ltd

BALANCE SHEET AT 30/04/2024
20242023
Notes££
FIXED ASSETS
Tangible assets3995,699996,032
CURRENT ASSETS
Cash at bank and in hand5237,328
5237,328
CREDITORS: Amounts falling due within one year419,94115,409
NET CURRENT LIABILITIES(19,418)(8,081)
TOTAL ASSETS LESS CURRENT LIABILITIES976,281987,951
CREDITORS: Amounts falling due after more than one year5987,5971,008,999
NET LIABILITIES(11,316)(21,048)
CAPITAL AND RESERVES
Called up share capital6100100
Profit and loss account(11,416)(21,148)
SHAREHOLDERS' FUNDS(11,316)(21,048)
For the year ending 30/04/2024 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.
The directors have decided not to deliver to the registrar a copy of the company's profit and loss account.
Approved by the board on 14/08/2024 and signed on their behalf by
.............................
A Howard
Director

Howard Management Services Ltd

NOTES TO THE ACCOUNTS
FOR THE YEAR ENDED 30/04/2024
1. ACCOUNTING POLICIES
1a. Basis Of Accounting
The accounts have been prepared under the historical cost convention.
The accounts have been prepared in accordance with FRS102 section 1A - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006 .
1b. Going Concern
At the year end date the Company's liabilities exceed its assets by £11,316 (2023: £21,048). This is due to start up costs. The deficit has reduced in this period. The directors believe this will reverse in the next trading year and are funding the deficit by lending funds to the Company. They have expressed a willingness to continue to fund the company and so the accounts have been prepared on a going concern basis.
1c. Depreciation
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.
Plant and Machinerystraight line 33.3%
1d.
2. EMPLOYEES
20242023
No.No.
Average number of employees--

Howard Management Services Ltd

3. TANGIBLE FIXED ASSETS
Land AndPlant and
BuildingsMachineryTotal
£££
Cost
At 01/05/2023995,3651,000996,365
At 30/04/2024995,3651,000996,365
Depreciation
At 01/05/2023-333333
For the year-333333
At 30/04/2024-666666
Net Book Amounts
At 30/04/2024995,365334995,699
At 30/04/2023995,365667996,032
4. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
20242023
££
Directors current account16,00111,006
Trade creditors1,8401,453
Other creditors-1,200
Accruals2,1001,750
19,94115,409
5. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
20242023
££
Bank loans (secured) >1yr710,920710,920
Other creditors > 1yr276,677298,079
987,5971,008,999
Creditors falling due after one year includes loans £710,920 (2023: £710,920) secured on the Company's freehold and leasehold property. This balance is due after more than five years. The directors have given personal guarentees on this debt.

Howard Management Services Ltd

6. SHARE CAPITAL 20242023
££
Allotted, issued and fully paid:
100 Ordinary shares of £1 each100100
100100
7. CONTROLLING PARTY
The Company is controlled by its directors.
8. RELATED PARTY TRANSACTIONS
At the year end date the Company owed its directors £292,676 (2023: £309,084) . This is included in creditors. Of the total the directors have agreed not to draw at least £276,676 (2023: £298,079) in the year following the balance sheet date. This latter part of the debt is therefore included in creditors due after more than one year. The remainder £16,000 (2023: £11,005) is included in creditors falling due within one year. No interest is charged on this debt.