Caseware UK (AP4) 2023.0.135 2023.0.135 2024-04-302024-04-30false2023-05-01No description of principal activity63truetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 00582566 2023-05-01 2024-04-30 00582566 2022-05-01 2023-04-30 00582566 2024-04-30 00582566 2023-04-30 00582566 c:Director1 2023-05-01 2024-04-30 00582566 c:Director2 2023-05-01 2024-04-30 00582566 c:Director3 2023-05-01 2024-04-30 00582566 c:RegisteredOffice 2023-05-01 2024-04-30 00582566 d:FurnitureFittings 2023-05-01 2024-04-30 00582566 d:OfficeEquipment 2023-05-01 2024-04-30 00582566 d:OtherPropertyPlantEquipment 2024-04-30 00582566 d:OtherPropertyPlantEquipment 2023-04-30 00582566 d:CurrentFinancialInstruments 2024-04-30 00582566 d:CurrentFinancialInstruments 2023-04-30 00582566 d:CurrentFinancialInstruments d:WithinOneYear 2024-04-30 00582566 d:CurrentFinancialInstruments d:WithinOneYear 2023-04-30 00582566 d:ShareCapital 2024-04-30 00582566 d:ShareCapital 2023-04-30 00582566 d:RetainedEarningsAccumulatedLosses 2024-04-30 00582566 d:RetainedEarningsAccumulatedLosses 2023-04-30 00582566 c:FRS102 2023-05-01 2024-04-30 00582566 c:AuditExempt-NoAccountantsReport 2023-05-01 2024-04-30 00582566 c:FullAccounts 2023-05-01 2024-04-30 00582566 c:PrivateLimitedCompanyLtd 2023-05-01 2024-04-30 00582566 2 2023-05-01 2024-04-30 iso4217:GBP xbrli:pure

Registered number: 00582566









HOWARD'S AND COMPANY (BRENTWOOD) LIMITED







UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 30 APRIL 2024

 
HOWARD'S AND COMPANY (BRENTWOOD) LIMITED
 
 
COMPANY INFORMATION


Directors
L E Shafier 
M A Carroll 
P A Mecklenburgh 




Registered number
00582566



Registered office
Haslers
Old Station Road

Loughton

Essex

IG10 4PL




Accountants
Haslers
Chartered Accountants

Old Station Road

Loughton

Essex

IG10 4PL





 
HOWARD'S AND COMPANY (BRENTWOOD) LIMITED
 

CONTENTS



Page
Balance sheet
 
1 - 2
Notes to the financial statements
 
3 - 7


 
HOWARD'S AND COMPANY (BRENTWOOD) LIMITED
REGISTERED NUMBER: 00582566

BALANCE SHEET
AS AT 30 APRIL 2024

2024
2024
2023
2023
Note
£
£
£
£

  

Current assets
  

Debtors: amounts falling due within one year
 5 
8,889
15,688

Cash at bank and in hand
 6 
33,486
19,710

  
42,375
35,398

Creditors: amounts falling due within one year
 7 
(13,411)
(20,032)

Net current assets
  
 
 
28,964
 
 
15,366

Total assets less current liabilities
  
28,964
15,366

  

Net assets
  
28,964
15,366


Capital and reserves
  

Called up share capital 
  
100
100

Profit and loss account
  
28,864
15,266

  
28,964
15,366


The directors consider that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime and in accordance with the provisions of FRS 102 Section 1A - small entities.

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

The Company has opted not to file the statement of comprehensive income in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf on 21 January 2025.




L E Shafier
Director

The notes on pages 3 to 7 form part of these financial statements.
Page 1

 
HOWARD'S AND COMPANY (BRENTWOOD) LIMITED
REGISTERED NUMBER: 00582566
    
BALANCE SHEET (CONTINUED)
AS AT 30 APRIL 2024


Page 2

 
HOWARD'S AND COMPANY (BRENTWOOD) LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2024

1.


General information

Howard's and Company Limited is a private company, limited by shares and incorporated in England and Wales, United Kingdom, with a registration number 00582566. The address of the registered office is Haslers, Old Station Road, Loughton, Essex, United Kingdom, IG10 4PL. The principal activity of the company is property investment.

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Section 1A of Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.

The financial statements are presented in pounds sterling which is the functional currency of the company and rounded to the nearest pound sterling.

The following principal accounting policies have been applied:

 
2.2

Revenue

Revenue is recognised to the extent that it is probable that the economic benefits will flow to the Company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before revenue is recognised:

Rendering of services

Revenue from a contract to provide services is recognised in the period in which the services are provided in accordance with the stage of completion of the contract when all of the following conditions are satisfied:
the amount of revenue can be measured reliably;
it is probable that the Company will receive the consideration due under the contract;
the stage of completion of the contract at the end of the reporting period can be measured reliably; and
the costs incurred and the costs to complete the contract can be measured reliably.

 
2.3

Interest income

Interest income is recognised in profit or loss using the effective interest method.

 
2.4

Finance costs

Finance costs are charged to profit or loss over the term of the debt using the effective interest method so that the amount charged is at a constant rate on the carrying amount. Issue costs are initially recognised as a reduction in the proceeds of the associated capital instrument.

Page 3

 
HOWARD'S AND COMPANY (BRENTWOOD) LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2024

2.Accounting policies (continued)

 
2.5

Taxation

Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the balance sheet date in the countries where the Company operates and generates income.

 
2.6

Tangible fixed assets

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, on a reducing balance basis.

Depreciation is provided on the following basis:

Fixtures & Fittings
-
reducing balance
Office Equipment
-
reducing balance

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss.

 
2.7

Debtors

Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

 
2.8

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

 
2.9

Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

Page 4

 
HOWARD'S AND COMPANY (BRENTWOOD) LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2024

2.Accounting policies (continued)

 
2.10

Financial instruments

Financial instruments are recognised in the Company's Balance sheet when the Company becomes party to the contractual provisions of the instrument.

Basic financial assets

Basic financial assets, which include trade and other receivables, cash and bank balances, are initially measured at their transaction price including transaction costs and are subsequently carried at their amortised cost using the effective interest method, less any provision for impairment, unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest.

Discounting is omitted where the effect of discounting is immaterial. The Company's cash and cash equivalents, trade and most other receivables due with the operating cycle fall into this category of financial instruments.

Impairment of financial assets

Financial assets are assessed for indicators of impairment at each reporting date. 

Financial assets are impaired when events, subsequent to their initial recognition, indicate the estimated future cash flows derived from the financial asset(s) have been adversely impacted. The impairment loss will be the difference between the current carrying amount and the present value of the future cash flows at the asset(s) original effective interest rate.

If there is a favourable change in relation to the events surrounding the impairment loss then the impairment can be reviewed for possible reversal. The reversal will not cause the current carrying amount to exceed the original carrying amount had the impairment not been recognised. The impairment reversal is recognised in the profit or loss.

Financial liabilities

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instruments any contract that evidences a residual interest in the assets of the Company after the deduction of all its liabilities.

Basic financial liabilities, which include trade and other payables, bank loans and other loans are initially measured at their transaction price after transaction costs. When this constitutes a financing transaction, whereby the debt instrument is measured at the present value of the future receipts discounted at a market rate of interest. Discounting is omitted where the effect of discounting is immaterial.

Debt instruments are subsequently carried at their amortised cost using the effective interest rate method.

Trade payables are obligations to pay for goods and services that have been acquired in the ordinary course of business from suppliers. Trade payables are classified as current liabilities if the payment is due within one year. If not, they represent non-current liabilities. Trade payables are initially recognised at their transaction price and subsequently are measured at amortised cost using the effective interest method. Discounting is omitted where the effect of discounting is immaterial.

Derecognition of financial instruments
Page 5

 
HOWARD'S AND COMPANY (BRENTWOOD) LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2024

2.Accounting policies (continued)


2.10
Financial instruments (continued)


Derecognition of financial assets

Financial assets are derecognised when their contractual right to future cash flow expire, or are settled, or when the Company transfers the asset and substantially all the risks and rewards of ownership to another party. If significant risks and rewards of ownership are retained after the transfer to another party, then the Company will continue to recognise the value of the portion of the risks and rewards retained.

Derecognition of financial liabilities

Financial liabilities are derecognised when the Company's contractual obligations expire or are discharged or cancelled.


3.


Employees

The average monthly number of employees, including directors, during the year was 6 (2023 - 3).


4.


Tangible fixed assets





Furniture, fittings and equipment

£



Cost or valuation


At 1 May 2023
59,104



At 30 April 2024

59,104



Depreciation


At 1 May 2023
59,104



At 30 April 2024

59,104



Net book value



At 30 April 2024
-



At 30 April 2023
-

Page 6

 
HOWARD'S AND COMPANY (BRENTWOOD) LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2024

5.


Debtors

2024
2023
£
£


Trade debtors
-
7,055

Other debtors
8,612
8,633

Prepayments and accrued income
277
-

8,889
15,688



6.


Cash and cash equivalents

2024
2023
£
£

Cash at bank and in hand
33,486
19,710

33,486
19,710



7.


Creditors: Amounts falling due within one year

2024
2023
£
£

Trade creditors
198
230

Other taxation and social security
1,466
7,770

Other creditors
4,097
4,991

Accruals and deferred income
7,650
7,041

13,411
20,032


 
Page 7