Registered number: 14035252 | ||||||||
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 | ||||||||
REGISTERED OFFICE | ||||||||
Cambridgeshire | ||||||||
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 Sheet | 3 | |||||||
Notes To The Accounts | 4 | |||||||
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 | ||||||||||
2024 | 2023 | |||||||||
Notes | £ | £ | ||||||||
FIXED ASSETS | ||||||||||
Tangible assets | 3 | |||||||||
CURRENT ASSETS | ||||||||||
Cash at bank and in hand | ||||||||||
523 | 7,328 | |||||||||
CREDITORS: Amounts falling due within one year | 4 | |||||||||
NET CURRENT LIABILITIES | ( | (8,081) | ||||||||
TOTAL ASSETS LESS CURRENT LIABILITIES | ||||||||||
CREDITORS: Amounts falling due after more than one year | 5 | 987,597 | 1,008,999 | |||||||
NET LIABILITIES | ( | ( | ||||||||
CAPITAL AND RESERVES | ||||||||||
Called up share capital | 6 | |||||||||
Profit and loss account | (11,416) | (21,148) | ||||||||
SHAREHOLDERS' FUNDS | ( | ( | ||||||||
Approved by the board on | ||||||||||
............................. | ||||||||||
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 | ||||||||
Plant and Machinery | straight line 33.3% |
1d. |
2. EMPLOYEES | ||||||
2024 | 2023 | |||||
No. | No. | |||||
Average number of employees | - | |||||
Howard Management Services Ltd | ||||||||
3. TANGIBLE FIXED ASSETS | ||||||
Land And | Plant and | |||||
Buildings | Machinery | Total | ||||
£ | £ | £ | ||||
Cost | ||||||
At 01/05/2023 | 995,365 | 1,000 | 996,365 | |||
At 30/04/2024 | 995,365 | 1,000 | 996,365 | |||
Depreciation | ||||||
At 01/05/2023 | - | 333 | 333 | |||
For the year | - | 333 | 333 | |||
At 30/04/2024 | - | 666 | 666 | |||
Net Book Amounts | ||||||
At 30/04/2024 | 995,699 | |||||
At 30/04/2023 | 996,032 | |||||
4. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR | ||||||||
2024 | 2023 | |||||||
£ | £ | |||||||
Directors current account | 16,001 | 11,006 | ||||||
Trade creditors | 1,840 | 1,453 | ||||||
Other creditors | - | 1,200 | ||||||
Accruals | 2,100 | 1,750 | ||||||
19,941 | 15,409 | |||||||
5. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR | ||||||||
2024 | 2023 | |||||||
£ | £ | |||||||
Bank loans (secured) >1yr | 710,920 | 710,920 | ||||||
Other creditors > 1yr | 276,677 | 298,079 | ||||||
987,597 | 1,008,999 | |||||||
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 | 2024 | 2023 | ||||||
£ | £ | |||||||
Allotted, issued and fully paid: | ||||||||
100 | 100 | |||||||
100 | 100 | |||||||
7. CONTROLLING PARTY | ||||||||
The Company is controlled by its directors. | ||||||||
8. RELATED PARTY TRANSACTIONS | |||||||||||||||||||||||||||||||||||||
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