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REGISTERED NUMBER: 04390499 (England and Wales)















M HOWELLS (SERVICES) LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2024






M HOWELLS (SERVICES) LIMITED (REGISTERED NUMBER: 04390499)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024










Page

Company Information 1

Statement of Financial Position 2 to 3

Notes to the Financial Statements 4 to 6


M HOWELLS (SERVICES) LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 MARCH 2024







DIRECTORS: M Howells
T Howells
D J Nash
L J Clifton





SECRETARY: Mrs D Howells





REGISTERED OFFICE: Services House
Little Pountney Street
Wolverhampton
West Midlands
WV2 4JH





REGISTERED NUMBER: 04390499 (England and Wales)





ACCOUNTANT: Ashford & Co
Unit 1
Fryers Close
Leamore
Walsall
West Midlands
WS3 2XU

M HOWELLS (SERVICES) LIMITED (REGISTERED NUMBER: 04390499)

STATEMENT OF FINANCIAL POSITION
31 MARCH 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 5 362,808 308,421

CURRENT ASSETS
Debtors 6 271,106 449,803
Cash at bank 1,204,691 236,471
1,475,797 686,274
CREDITORS
Amounts falling due within one year 7 908,964 634,418
NET CURRENT ASSETS 566,833 51,856
TOTAL ASSETS LESS CURRENT LIABILITIES 929,641 360,277

CREDITORS
Amounts falling due after more than one year 8 (67,167 ) (67,167 )

PROVISIONS FOR LIABILITIES (7,118 ) (7,118 )
NET ASSETS 855,356 285,992

CAPITAL AND RESERVES
Called up share capital 2 2
Retained earnings 855,354 285,990
SHAREHOLDERS' FUNDS 855,356 285,992

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2024 in accordance with Section 476 of the Companies Act 2006.

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.

M HOWELLS (SERVICES) LIMITED (REGISTERED NUMBER: 04390499)

STATEMENT OF FINANCIAL POSITION - continued
31 MARCH 2024


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

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 23 January 2025 and were signed on its behalf by:





M Howells - Director


M HOWELLS (SERVICES) LIMITED (REGISTERED NUMBER: 04390499)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024


1. STATUTORY INFORMATION

M Howells (Services) Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. STATEMENT OF COMPLIANCE

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006.

3. ACCOUNTING POLICIES

Basis of preparing the financial statements
The financial statements have been prepared under the historical cost convention.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery etc - 25% on reducing balance

Taxation
Taxation for the year 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 statement of financial position date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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 year 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.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

4. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 5 (2023 - 2 ) .

M HOWELLS (SERVICES) LIMITED (REGISTERED NUMBER: 04390499)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2024


5. TANGIBLE FIXED ASSETS
Plant and
Land and machinery
buildings etc Totals
£    £    £   
COST
At 1 April 2023 279,012 98,368 377,380
Additions - 82,319 82,319
At 31 March 2024 279,012 180,687 459,699
DEPRECIATION
At 1 April 2023 - 68,959 68,959
Charge for year - 27,932 27,932
At 31 March 2024 - 96,891 96,891
NET BOOK VALUE
At 31 March 2024 279,012 83,796 362,808
At 31 March 2023 279,012 29,409 308,421

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 207,952 180,000
Other debtors 63,154 269,803
271,106 449,803

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts 14,657 23,797
Trade creditors 215,942 101,523
Amounts owed to group undertakings 150 -
Taxation and social security 464,981 (236,749 )
Other creditors 213,234 745,847
908,964 634,418

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2024 2023
£    £   
Bank loans 67,167 67,167

M HOWELLS (SERVICES) LIMITED (REGISTERED NUMBER: 04390499)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2024


9. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 31 March 2024 and 31 March 2023:

2024 2023
£    £   
T Howells
Balance outstanding at start of year 16,879 -
Amounts advanced - 16,879
Amounts repaid (16,879 ) -
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year - 16,879

L J Clifton
Balance outstanding at start of year 16,879 -
Amounts advanced - 16,879
Amounts repaid (16,879 ) -
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year - 16,879

D J Nash
Balance outstanding at start of year 16,879 -
Amounts advanced - 16,879
Amounts repaid (16,879 ) -
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year - 16,879