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REGISTERED NUMBER: 00912782 (England and Wales)












Unaudited Financial Statements

for the Year Ended 30 September 2024

for

T. Howell & Sons Limited

T. Howell & Sons Limited (Registered number: 00912782)






Contents of the Financial Statements
for the year ended 30 September 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3

Chartered Accountants' Report 6

T. Howell & Sons Limited

Company Information
for the year ended 30 September 2024







DIRECTOR: R L Howell





REGISTERED OFFICE: Ellerburn House
Main Street
Huby
York
YO61 1HQ





REGISTERED NUMBER: 00912782 (England and Wales)





ACCOUNTANTS: Beaumonts
8 Navigation Court
Calder Park
Wakefield
West Yorkshire
WF2 7BJ

T. Howell & Sons Limited (Registered number: 00912782)

Balance Sheet
30 September 2024

30.9.24 30.9.23
Notes £    £    £   
FIXED ASSETS
Tangible assets 4 269,259 122,536
Investments 5 100 -
269,359 122,536

CURRENT ASSETS
Stocks 4,000 11,250
Debtors 6 101,476 105,347
Cash at bank 242,927 240,378
348,403 356,975
CREDITORS
Amounts falling due within one year 7 189,398 150,759
NET CURRENT ASSETS 159,005 206,216
TOTAL ASSETS LESS CURRENT
LIABILITIES

428,364

328,752

PROVISIONS FOR LIABILITIES 34,157 29,097
NET ASSETS 394,207 299,655

CAPITAL AND RESERVES
Called up share capital 5,000 5,000
Capital redemption reserve 5,000 5,000
Retained earnings 384,207 289,655
394,207 299,655

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 24 June 2025 and were signed by:





R L Howell - Director


T. Howell & Sons Limited (Registered number: 00912782)

Notes to the Financial Statements
for the year ended 30 September 2024

1. STATUTORY INFORMATION

T. Howell & Sons 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. ACCOUNTING POLICIES

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

Turnover
Turnover represents net invoiced value of building work completed in the year, excluding value added tax, other than on certain long term contracts where the estimated sales value of building work performed in the year is included.

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 - 20% on reducing balance and 10% on reducing balance
Fixtures and fittings - 10% on reducing balance
Motor vehicles - 25% on reducing balance

Freehold land is not depreciated

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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 balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet 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.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

T. Howell & Sons Limited (Registered number: 00912782)

Notes to the Financial Statements - continued
for the year ended 30 September 2024

2. ACCOUNTING POLICIES - continued

Long term contracts
Work in progress is valued at the lower of cost and net realisable value. Cost includes all direct expenditure and an appropriate proportion of fixed and variable overheads.

Long term contracts are those extending in excess of twelve months and any of a shorter duration which are material to the activity of the period. Attributable profit is recognised once the outcome of a long term contract can be assessed with reasonable certainty by including in the profit and loss account turnover and related costs as contract activity progresses. Immediate provision is made for all foreseeable losses if a contract is assessed as unprofitable.

Long term contract balances represent costs incurred on specific contracts, net of amounts transferred to cost of sales in respect of work recorded as turnover, less all foreseeable losses and payments on account not matched with turnover.

Amounts recoverable on long term contracts, which are included in debtors, are stated at the net sales value of the work done less amounts received as payments on account. Excess progress payments are included in creditors as payments on account.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 6 (2023 - 6 ) .

4. TANGIBLE FIXED ASSETS
Fixtures
Freehold Plant and and Motor
property machinery fittings vehicles Totals
£    £    £    £    £   
COST
At 1 October 2023 5,593 117,502 5,649 115,232 243,976
Additions 125,926 23,432 3,845 19,800 173,003
Disposals - - (544 ) - (544 )
At 30 September 2024 131,519 140,934 8,950 135,032 416,435
DEPRECIATION
At 1 October 2023 - 73,662 2,216 45,562 121,440
Charge for year - 8,520 343 17,417 26,280
Eliminated on disposal - - (544 ) - (544 )
At 30 September 2024 - 82,182 2,015 62,979 147,176
NET BOOK VALUE
At 30 September 2024 131,519 58,752 6,935 72,053 269,259
At 30 September 2023 5,593 43,840 3,433 69,670 122,536

5. FIXED ASSET INVESTMENTS
Other
investments
£   
COST
Additions 100
At 30 September 2024 100
NET BOOK VALUE
At 30 September 2024 100

T. Howell & Sons Limited (Registered number: 00912782)

Notes to the Financial Statements - continued
for the year ended 30 September 2024

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.9.24 30.9.23
£    £   
Trade debtors 49,633 -
Amounts recoverable on contract - 73,276
Other debtors 51,843 32,071
101,476 105,347

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.9.24 30.9.23
£    £   
Trade creditors 111,361 115,084
Taxation and social security 51,082 30,621
Other creditors 26,955 5,054
189,398 150,759

8. OTHER FINANCIAL COMMITMENTS

The total financial commitments, guarantees and contingencies which are not included in the balance sheet amount to £nil (2023 - £5,502).

9. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 30 September 2024 and 30 September 2023:

30.9.24 30.9.23
£    £   
R L Howell
Balance outstanding at start of year 30,220 42,874
Amounts advanced 62,693 40,221
Amounts repaid (50,052 ) (52,875 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 42,861 30,220

Chartered Accountants' Report to the Director
on the Unaudited Financial Statements of
T. Howell & Sons Limited

The following reproduces the text of the report prepared for the director in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Director are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of T. Howell & Sons Limited for the year ended 30 September 2024 which comprise the Statement of Income and Retained Earnings, Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the director of T. Howell & Sons Limited in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of T. Howell & Sons Limited and state those matters that we have agreed to state to the director of T. Howell & Sons Limited in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than T. Howell & Sons Limited and its director for our work or for this report.

It is your duty to ensure that T. Howell & Sons Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of T. Howell & Sons Limited. You consider that T. Howell & Sons Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of T. Howell & Sons Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.






Beaumonts
8 Navigation Court
Calder Park
Wakefield
West Yorkshire
WF2 7BJ


24 June 2025